Sunday, November 28, 2010

South Korea

We have a couple of readers from South Korea and I want to take this opportunity to wish them well during these times. My father fought in the Korean War and was decorated. Our prayers and thoughts are with South Korea at this time.

I personally do not expect a nuclear war over Korea. I believe Kim Jung's successor is attempting to prove that he is not afraid of America or South Korea as they transition leadership. Still, I am sure that it is very unnerving.

War is never inevitable, it can always be avoided if leaders want to. Sometimes leaders want war and others die. Let us hope that war is avoided.

Health Care? Maybe not.

An article discussing how congress is discussing eliminating the tax cut for employers who provide medical insurance to employees. You will be on Obamacare. Come on, didn't every reasonable person know that once government health care was provided then private health care would not be.

What a scam. The Dumbocrats vote for government provided health care. People are upset and vote for Ripoffpublicans and they eliminate privately provided health care and everyone is forced to use the government plan unless they are very rich.

As the world continues to spiral into insanity, the rich have some other things they are buying. Have you heard about "Freedom Ship"? It is a new boat being built that will stay at sea and therefore not be under any government. It will hold 100,000 people, all wealthy.

There has also been a rise in the sale of fallout shelters, high scale ones. LOL. In Russia they are building 5,000 just in Moscow. At the same time, in the United States, Homeland Security is moving supplies from central locations to regional locations.

My recommendation, chill out. Keep up on the news just for the sake of amusement. Be well.

Hello Sunday, Goodbye home.

I was sitting at my computer when someone knocked on the door. It was a man who wanted to hand me papers. I took the papers and called my loan processor and got the name of the person on the phone. I then gave the name to the person at my door.

It seems like I am starting in the middle of a story; but, not really. For the past year I have been unable to pay my mortgage. I was unable to because my wages were garnished in the divorce.

My old loan was processed by Citibank. In October I was notified that it was being sent to IBM Business Solutions. I knew something was going on. I had worked with Citi and listed my house for a short sale. In all that time no offers were made. I had mailed over 50 pages of paper to Citi.

The mortgage companies do not want to foreclose, they would rather renegotiate loans but they were not sure which ones to renegotiate. Nothing to renegotiate with me because of the divorce.

Please dear readers know that I am in no way upset by all of this. I am trying to let you know that now is the time where people will be forced to choose. The options are foreclosure or modified loan. We anticipated that something would happen this month, that is why the loan was transferred.

For a year Citibank didn't call, send much paper or in any way seem to want to foreclose. I found it odd. I have heard of people not paying their mortgage for a year and a half. IBM, I believe, was given the loans to be foreclosed on and they got mine.

December is going to be a tough month for a lot of people. Unemployment checks stop for two million people and the real foreclosures have begun. It is sort of freeing for me. I had wanted to sell the house before the divorce when the market was good.

I never imagined I would be relieved to be in foreclosure. I never imagined I would get divorced. Lots of things I never imagined. I am ready to move on. Be well and have a great day.