Movers, deputies refuse to evict 103-year-old woman

SteveGangi

V.I.P. Member
Joined
May 19, 2010
Messages
38,494
Reaction score
79,946
This is the only information google turned up for me. Kind of what I expected. Hopefully they have other family members that are stepping in.

How many years ago, and was he the owner of the property? This still doesn't sound quite right.

Just looking at this sliver of info and assuming the worst, if some relative of mine took out a mortage on MY house and then defaulted, getting me kicked out, I'd shoot him AND the banker who made the loan. At 104 wtf are they gonna do - give me life? :lol:
 

lunchbox

Senior Member
Joined
May 29, 2011
Messages
8,174
Reaction score
13,304
Yeah I read about that, but it's a very small portion of actual mortgages this has happened to. It's a sad thing, but it's almost for sure not the case here.

More than likely the case is this lady and her daughter re-financed at least once (they were there for 54 years) for a quick buck, rather than paying off their house. There's cases of this across the country pre-collapse...and now they can't afford it. People re-financing to get out of a jam was and is retarded. If you can't afford your house, you should have sold it and moved into a smaller house. Not whined to the taxpayer that you've ****ed up repeatedly and can't afford your home anymore. I have no sympathy for those people, as I said earlier.

I feel sorry that lots of people are so uneducated that they jump at the sign of "free money" when in actuality it's credit that they will most likely not be able to pay off. Some people need to learn this the hard way, and that's their problem, not mine or yours (taxpayer).

Sorry, Morrow. It's just not that simple. Everything isn't black or white, but many shades of grey and illegal activities by some of the major banks.

And I've never read once that anyone being evicted for not paying their mortgage has whined to the average taxpayer to bail them out. I do, however, remember Citigroup, BofA, Wells Fargo, etc. doing just that.

Again...I thought you'd been paying attention for the last few years.
 

morrow

Banned
Joined
Feb 21, 2011
Messages
3,901
Reaction score
3,267
Sorry, Morrow. It's just not that simple. Everything isn't black or white, but many shades of grey and illegal activities by some of the major banks.

And I've never read once that anyone being evicted for not paying their mortgage has whined to the average taxpayer to bail them out. I do, however, remember Citigroup, BofA, Wells Fargo, etc. doing just that.

Again...I thought you'd been paying attention for the last few years.
You're right, it's not black and white, so stop thinking everyone is innocent. Most of the problem was the bad mortgages given out by the banks you listed, as well as the fannie/freddie problem. That was most of the problem, the banks are very bad.

Another part of the problem was people being retarded and re-financing for a quick buck, or getting into terrible mortgages they couldn't afford voluntarily, and then complaining later on they can't afford it but it's "wrong to kick them out" (thus the taxpayer bails them out). If you've never seen or heard of that, it's you that hasn't been paying attention for the past few years.
 

morrow

Banned
Joined
Feb 21, 2011
Messages
3,901
Reaction score
3,267
Just feed the old people to the dogs, right? Jesus, who raised you, wolves?
And who raised you, kiddo? Ma and pa entitlement society? If someone can't afford their mortgage, don't re-finance to a worse mortgage for a quick buck, get into an apartment or cheaper home. Sheesh.

The banks are terrible, but a lot of idiots signed into bad mortgages and re-financing too. Open your eyes, son!
 

Rich

Non sequitur
Joined
Jun 17, 2009
Messages
27,571
Reaction score
76,186
Another part of the problem was people being retarded and re-financing for a quick buck, or getting into terrible mortgages they couldn't afford voluntarily, and then complaining later on they can't afford it but it's "wrong to kick them out" (thus the taxpayer bails them out).

Kind of like the banks that were over leveraged.
 

Lungo

Senior Member
Joined
Feb 19, 2009
Messages
8,901
Reaction score
16,918
How many years ago, and was he the owner of the property? This still doesn't sound quite right.

Just looking at this sliver of info and assuming the worst, if some relative of mine took out a mortage on MY house and then defaulted, getting me kicked out, I'd shoot him AND the banker who made the loan. At 104 wtf are they gonna do - give me life? :lol:

Considering how long the residents have been living there, it might be safe to guess that the grandson was given a loan on the house which was co-signed for by the owner(s). I don't know for sure but if I had to guess I'd say this is a case of a deadbeat grandson taking advantage of granny's generosity.
 

Lurko

Senior Member
Joined
Jan 12, 2011
Messages
5,440
Reaction score
7,181
And who raised you, kiddo? Ma and pa entitlement society? If someone can't afford their mortgage, don't re-finance to a worse mortgage for a quick buck, get into an apartment or cheaper home. Sheesh.

The banks are terrible, but a lot of idiots signed into bad mortgages and re-financing too. Open your eyes, son!

I'm not your son, boy.

You need to do some serious soul-searching if you're cool with kicking a 103-year old woman to the curb.
 

morrow

Banned
Joined
Feb 21, 2011
Messages
3,901
Reaction score
3,267
I'm not your son, boy.

You need to do some serious soul-searching if you're cool with kicking a 103-year old woman to the curb.

[email protected], I laughed my ass off. Good comeback :thumb:

So it's the person that counts, not the act of right vs wrong? If it was a middle aged person it would be OK? Sounds to me like you're into descrimination!
 

Mike-t

Senior Member
Joined
Feb 20, 2009
Messages
1,296
Reaction score
398
[email protected], I laughed my ass off. Good comeback :thumb:

So it's the person that counts, not the act of right vs wrong? If it was a middle aged person it would be OK? Sounds to me like you're into descrimination!

Some people can't see beyond their grandparents faces when they see old people. I sure there are some whack job old timers out there who do some messed up shiz but they're old, so its OK.

I love it when people generalize their feelings for different groups of people rather than base it on the individual. I'm sure that they have just as many generalizations about other groups people that they just don't say out loud...
 

lunchbox

Senior Member
Joined
May 29, 2011
Messages
8,174
Reaction score
13,304
Another part of the problem was people being retarded and re-financing for a quick buck, or getting into terrible mortgages they couldn't afford voluntarily, and then complaining later on they can't afford it but it's "wrong to kick them out" (thus the taxpayer bails them out). If you've never seen or heard of that, it's you that hasn't been paying attention for the past few years.

They were called 'predatory loans' for a reason. The sales people at companies like Countrywide laughed their asses off (to the bank) when people in financial trouble would buy or re-fi their homes with an ARM starting at 2.9%, telling them that there was very little chance, if any, the the rate would ever go up. Not everyone could understand the legalese that was used in all those contracts, nor how an ARM could affect them in the future, because it wasn't exactly presented to them realistically. In fact most couldn't and didn't quite understand what they were getting into at all. And how were people making a 'quick buck' off a re-fi?

Should the homeowner bear some responsibility? Sure, to some degree. But I also believe in ethical business practice. These mortgage companies and banks giving out these loans knew exactly what they were doing, and it was far from ethical.
 

morrow

Banned
Joined
Feb 21, 2011
Messages
3,901
Reaction score
3,267
Should the homeowner bear some responsibility? Sure, to some degree. But I also believe in ethical business practice. These mortgage companies and banks giving out these loans knew exactly what they were doing, and it was far from ethical.
While it is true that most people are uneducated when it comes to fiscal responsibility, no one held a gun to their head saying sign on the dotted line.
No one dead that when I bought my home.
People like to hear what they want to hear. Loan sharks take advantage of that. Always have, always will. Predatory lending is the same. People wanted the quick buck instead of the responsible purchase or rental.
They bear the majority of the responsibility. Stop defending them. They are no better than the evil/corrupt banks.
 

SteveGangi

V.I.P. Member
Joined
May 19, 2010
Messages
38,494
Reaction score
79,946
Considering how long the residents have been living there, it might be safe to guess that the grandson was given a loan on the house which was co-signed for by the owner(s). I don't know for sure but if I had to guess I'd say this is a case of a deadbeat grandson taking advantage of granny's generosity.

That sounds like the most reasonable theory.
 

lunchbox

Senior Member
Joined
May 29, 2011
Messages
8,174
Reaction score
13,304
While it is true that most people are uneducated when it comes to fiscal responsibility, no one held a gun to their head saying sign on the dotted line.
No one dead that when I bought my home.
People like to hear what they want to hear. Loan sharks take advantage of that. Always have, always will. Predatory lending is the same. People wanted the quick buck instead of the responsible purchase or rental.
They bear the majority of the responsibility. Stop defending them. They are no better than the evil/corrupt banks.

The fact that some of these companies are now being investigated and paying fines for their corrupt practices shows that they were far from practicing ethical business.
On the other hand, the buyers were, in most cases, lied to. So how are the buyers = evil banks exactly?

You're right, no one held guns to their heads. But in business there are laws protecting customers from outright lies (like the old bait & switch), which is what these companies did to attain these sales and re-fi's, and basically what an ARM is.

It has nothing to do with anyone (besides the lenders) making a 'quick buck'. I don't even know how you came to that conclusion. Where are the 'quick bucks' that people were making? How did they do that exactly when they were shelling out money to buy a home?
 

LPSGME

Senior Member
Joined
Oct 1, 2008
Messages
3,962
Reaction score
3,251
So it's a "heroic act" to NOT evict people that aren't making their mortgage payments?!
Yep, just roll that over to the taxpayers, thanks the honorable thing! :rolleyes:
I'd way rather see people standing up to the gov...rather than helping tax evaders.

How are they tax evaders for not paying their mortgage payments?

If you want to talk taxes - consider that one of the reasons (perhaps the only reason) these poor women could ill afford to live in their home was that the government was forcing them (at gun point) to pay for the salaries and pensions of those sheriff deputies (by a tax on their shelter - a necessity of life) without any regard to their income.

Sounds more like tax invaders at work than evaders.
 

Gooner

Senior Member
Joined
Mar 19, 2011
Messages
5,567
Reaction score
25,832
I have no sympathy for people that repeatedly make terrible financial decisions, and then want to get bailed out by the taxpayer. No one held a gun to my head saying I needed to refinance my condo to a bad mortgage. Personal responsibility.

How about social responsibility? Let the old dears stay in the house 'till they kick off, then the bank gets the house, where does the "Tax payer" come in? Surely if they are booted out, that's when it costs the tax payer!
 

Axis Bold As Fuzz

Senior Member
Joined
Apr 16, 2010
Messages
547
Reaction score
650
So it's a "heroic act" to NOT evict people that aren't making their mortgage payments?!
Yep, just roll that over to the taxpayers, thanks the honorable thing! :rolleyes:
I'd way rather see people standing up to the gov...rather than helping tax evaders.

At this festive season of the year, Mr Scrooge,' said the gentleman, taking up a pen, 'it is more than usually desirable that we should make some slight provision for the Poor and destitute, who suffer greatly at the present time. Many thousands are in want of common necessaries; hundreds of thousands are in want of common comforts, sir.'
'Are there no prisons?"

'Plenty of prisons,' said the gentleman, laying down the pen again.

'And the Union workhouses.' demanded Scrooge. 'Are they still in operation?'

'Both very busy, sir.'

'Oh. I was afraid, from what you said at first, that something had occurred to stop them in their useful course,' said Scrooge. 'I'm very glad to hear it.'

'Under the impression that they scarcely furnish Christian cheer of mind or body to the multitude,' returned the gentleman, 'a few of us are endeavouring to raise a fund to buy the Poor some meat and drink, and means of warmth. We choose this time, because it is a time, of all others, when Want is keenly felt, and Abundance rejoices. What shall I put you down for?'

'Nothing!' Scrooge replied.

'You wish to be anonymous?'

'I wish to be left alone,' said Scrooge. 'Since you ask me what I wish, gentlemen, that is my answer. I don't make merry myself at Christmas and I can't afford to make idle people merry. I help to support the establishments I have mentioned-they cost enough; and those who are badly off must go there.'

'Many can't go there; and many would rather die.'

'If they would rather die,' said Scrooge, 'they had better do it, and decrease the surplus population."
 

Latest Threads



Top