I’m flopping what someone else said and goin with: buying a home in 2008. “Build equity! Stop renting”
Then the economy collapsed, I lost my job, moved to California for work after listing my house, could not afford Bay Area rent AND my mortgage, and the house got foreclosed on.
Since I knew I couldn’t afford it, I tried to setup a short sale when I found someone who was interested. that’d mean chase would lose about 10k on the 120k mortgage.
So I went through the tedious process which took about a month, and just as we were ready to go chase changed my case handler. So I had to start over with the new person, for reasons that were not provided. So fine, I did.
Month later, THAT person switched off and I got a new case processor to take over, and when they told me I had to start over I literally said “you can fuck yourselves, in walking” and I never spoke to chase about the house again. Couple years later the foreclosure finally went through, and instead of 110k they got… 22k from the sheriffs sale.
My step mom worked at chase in the mortgage dept at the time, and later told me this was SOP for short sales at the time. They were uninterested in actually doing it, just jerking me around until I quit trying.
I’m flopping what someone else said and goin with: buying a home in 2008. “Build equity! Stop renting”
Then the economy collapsed, I lost my job, moved to California for work after listing my house, could not afford Bay Area rent AND my mortgage, and the house got foreclosed on.
Fuck Chase fuck banks fuck the economy.
We lost our house. Bank bailouts vs. consumer bailouts even though the financial institutes acted in criminal levels of BS was a big wake up.
It’s very, very clear that the 99% are nothing but dog shit on the bottom of the 1% shoes.
It gets even worse for me.
Since I knew I couldn’t afford it, I tried to setup a short sale when I found someone who was interested. that’d mean chase would lose about 10k on the 120k mortgage.
So I went through the tedious process which took about a month, and just as we were ready to go chase changed my case handler. So I had to start over with the new person, for reasons that were not provided. So fine, I did.
Month later, THAT person switched off and I got a new case processor to take over, and when they told me I had to start over I literally said “you can fuck yourselves, in walking” and I never spoke to chase about the house again. Couple years later the foreclosure finally went through, and instead of 110k they got… 22k from the sheriffs sale.
My step mom worked at chase in the mortgage dept at the time, and later told me this was SOP for short sales at the time. They were uninterested in actually doing it, just jerking me around until I quit trying.
Motherfuckers.
Yeah, we walked and claimed it on a bankruptcy.