Reappraisal
After quite a few foreclosures, the bank began to doubt the skills of some of its loan officers, and decided to reappraise some of the “troubled” assets like this one billed as a “quaint country summer home”.
Tight Knit Family
Even though they had lost their home in the economic crash, their jobs, their health insurance, and their doctor, they still had each other, Facebook, Twitter, Instagram and Pinterest. They could be electronically miserable along with thousands of others all over the world in real time . . .
Looking Over His Shoulder
To get a larger tax refund, Jurgen’s girl friend (now ex-girlfriend) had encouraged him to claim the interest payments on his home mortgage, even though he was almost a year in arrears on payments and about to be foreclosed on. She talked Jurgen into using the money for a Mexican vacation in Cancun, but now, with the house gone, he was looking over his shoulder wondering when the tax man was going to come and get him. . . . . David, Sf.G.
Eviction Problems
The bank had seen a disturbing trend; before leaving their homes when evicted, the upside-down mortgagees took everything that wasn’t nailed down–and quite a few things that were–and sold them on Craigslist, leaving the bank’s collateral nothing but a shell. Perhaps, they thought in retrospect, they should have been a little more careful whom they had provided mortgages for. Gastropods and mollusks had been particularly troublesome . . . . David, Sf.G.