Woman Sells Pieces of her Foreclosed Home
An Ontario, Calif., woman, who tried to save her home from foreclosure by selling its period flooring, baseboards, and other fixtures on eBay, was evicted and the house was secured by local police.
A Superior Court judge intervened after the city complained that the home was being desecrated. The city had an interest because it gave the 71-year-old Mediterranean Revival home owner a break on property taxes because the property is considered historic.
Owner Kim Shewalter stopped paying her mortgage after payments adjusted to $6,500 a month. “Until the bank takes it away, that’s my home,” she says.
Shewalter says she was only removing and selling items that she installed in the home herself, such as a set of custom-made cabinets and an antique light fixture she inherited from her grandmother.
“I have to give my house back to the bank, and I want to be sure I recoup a little bit of my money,” she says.
Source: The Associated Press (01/12/08)
Ok, is it JUST me but…. $6500 a month??????????? I’d sell some items too!!! This foreclosure mess is driving people insane. I want to compile a list of agencies/resources that will help. REALLY help- not hustle, those who are already down… a list of non-profits. Any ideas? Do you know any? I’m extermly heart broken every time I see another “short sale” listing…. Last week I spent hours questioning a couple in this situation on the steps they’ve taken to receive help. I almost wanted to pay the behind mortgage just so they could stay in their home of many years…but that was not the issue. The monthly mortgage expense has escalated to some ridiculous amount they could never make it each month.
My prayers are with you all who are facing these hardships….
My advice to those who think they soon may be in this situation is to NOT WAIT… SEEK HELP NOW… every minute counts
If you know of any agencies, resources, city programs or anything that is helping please let me know- we need to do more to help each other, and if all we can do now is knowledge transfer, we MUST do it. This is not an individual problem.