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growingcorners42 posted an update
Some really bad news in about 6 months we are gonna lose our home. Backstory in the 70’s my grandparents bought a home raised my mom and 2 aunts. When covid hit they didn’t need to but they did a payment plan it sounded good to them but with them having 2 loans on this place the payment plan ballooned there debt to where all back pay was due after covid scare was over so in 2021 my grandparents and my family and I all had covid this was my second go around with It. My grandpa succumbed to covid pneumonia and died 2 day before Christmas 21 then 10 months later 3 days after his bday my grandma passed away so now my mom and aunts won’t fight for the house for us because it has to be an heir and they won’t deal with us so if 2 days before my birthday nov.27 and someone buys the house we will have 6 months to come up with 107,000 dollars or we will be placed on the street
Predator loans and collectors need to have something like this happen to them im sorry for this rant but I have Noone to ever vent or talk to
LSfarms, GuppyGirl and 3 others-
So sorry to hear this. Legal Loan sharks is what they are. We had a similar situation and turns out that my mother in-law took out a reverse mortgage. we were lucky we had a family member buy the home before they took the home but it was shit show for us to deal with.
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@Caster my aunt was going to buy it back but no for full asking price which at the time was 150k now since the bankruptcy took the one loan off its at 107,000 with no other leins now It will sell 3acres
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