Add us to the list of BYC foreclosure prospects

[ParkfieldFarm]

My husband lost his job last fall, and was out of work for about three months. He found a new job through an employment agency and was told that if he did well they would hire him on full time with a large raise. This spring he was told that he did a great job and they were hiring him, and we were thrilled. I am a stay at home mom out of necessity, as we can't afford child care. If I were to go to work almost 100% of my income would go to childcare, so we felt that it would be better if I stayed home to raise our two children (ages 4 and 1). One week after he was told he was getting the job and the raise, he was told he would not be getting either because the company put a hiring freeze on, but he would be able to continue to work at the lower salary with the temporary job until September. One week after that they sat him down and said, nope, sorry, every temp is out by April.

I don't know what to do. My husband is getting more and more depressed, and we got a foreclosure notice today saying we were done in the end of June. He said we might as well pack up and head out, and he wasn't going to put up with my sitting on my ass anymore--I had to go out and find a job, any xxxx job to bring in money. He's getting angry instead of helping me figure out what to do. I love this house, my daughter is supposed to be starting school here in the fall, I just started my garden...

Do we just throw in the towel? Where do we go? I want some miracle to happen, I want to get caught up on our debt, to magically have enough money to pay for the house, doctor, for the vet. For bloody groceries.

My husband intends on going back to school in the fall, getting grants for living and loans for school and he wants me to go back to school with him. But I don't know if we can hold on that long. I talked to our mortgage guy a couple of weeks ago and he said don't worry about it, the only thing you can do is send in as much as you can every month, so yesterday I went to the bank to give them $125. I intended to give them about $125 each week out of my husbands weekly unemployment checks, which would bring us to a little less than half of the mortgage payment, but when we got there the bank said they were told not to accept anything less than the full delinquent amount--which is close to $4000. Well, now what? And then today we got the letter. We already cleaned out our modest retirement savings (at a huge loss) to pay the back mortgage from his first unemployed stint, and we have no other savings. I've spent the children's savings, as well, and feel like a horrible mother. I owe doctor bills, credit card bills (two consolidation cards that we opened a couple of years ago to pay for our leftover wedding, school, and medical debts) the regular phone, internet, power, and mortgage, and I owe my kids close to $1000 as well. I have life insurance but we have none for my husband, and I wonder what's going to happen.

I feel hopeless and lost and alone and my house and yard and even my kids are are being neglected in some ways because I find it hard to get the things done that I need to...some part of me wants to know what the point is. I'm not a suicide risk because I would never let my kids grow up without a mother, and I would never take them with me as some have done because I would never want to deny them growth and learning and life. But...does it ever get any easier? Will things even out so we can be comfortable and happy and content again?

Anyway, sorry to unload all of this, but I needed to get it out to someone who won't interrupt and will just listen...which is you guys. I've been lurking for awhile and don't post often, but from what I see I know I can count on at least one person reading and understanding.

Thanks.

 

[Cats Critters]

I'm so sorry for what is happing to you

Are you guys on WIC (Womens, Infants, and Children)? They cover kids up to 5 years old along with pregnant and nursing mothers, they give checks for groceries like milk, cereal and fruits/veggies. That might help you guys out with groceries.

 

[ParkfieldFarm]

Thanks. We're still waiting to hear about state health and food aid...there's a whole 'nother saga with them that I won't go into.

 

[NancyDz]

Have you thought about renting it out and renting yourself a smaller apt until you can get back on your feet? Or renting a room ? Both major sacrifices but if it helps you keep your house... Sell one car if you have two? Just throwing out some ideas.


Sorry about this... my brother lost his house and he just gave up... didnt try anything, it was so frustrating as they had put $150,000 down on his house so he just lost it all.

Hang in there, I hope something works out for your family.

Nancy

 

[cat123]

there are lots of programs out there for people in foreclosure-
do a search and work on that right away.

2. get rid of everything you do not need: internet. phones etc.
stop paying on the credit cards and such,

Your husband is probaly feeling pretty low- and helpless, but this is not a reason for him to be mean to you.

Maybe you can found a night job, so he can be with the kids while you are at work?

Sorry to hear about your trouble, and I do hope things work out for you

 

[kelseygirl707]

Hi there, I am so sorry to hear how hard things have been for your family. I can't say I can completly understand, as I have never even owned a house, but My husband and I did go through a time where we moved to a new city, expecting jobs to come easy, we both have never had a hard time finding a job, and well 6 months later, our savings was gone, my car got reposessed, and we were behind on rent, We were literally days away from having to move in with family, when I got an oppertunity that saved us, maybe you can do the same. Look on Craigslist and in your newspaper for a job Managing a Storage Company or appartments. I got lucky and got an amazing job as a Self Storage Manager, I can gripe day in and day out about how horrible my tenants are, but really it's not that bad. This Job gives us a 2 bedroom appartment for free, all utilities paid, and I mean all, plus they give us $1,000 a month, plus Bonuses which can get to about $400 a month in the summer. My husband works as a relief manager at another self storage on the weekends to make our Play money, and he is able to got to School full time on the week days. If you were able to find a job as a storage manager you would be set, I really didn't have any experiance as a storage manager, but a family friend owns a self storage company, so I had her back me up and say I was her Vacation coverage, but really it's not that hard, just learn your states Lien Laws and your set.

I hope this helps. Keep your chin up, it seems a solution is always found right when your at your worst.

 

[Rhett&SarahsMom]

contact Hope Now http://www.hopenow.com/

or hopeforhomeowners.com

We contacted Hope Now, gave them all our info and such and they contacted our mortgage company. A few weeks later WF contacted us with a plan that cut our mortgage payments in HALF. I was in tears on the phone with the adjuster. It was the very first time Well Fargo EVER gave us anything but grief. In Sept we will contact them again and refinance and the payment is guaranteed to not go higher than it was.

Edited to add. CALL THEM NOW! The people are great and non judgemental

 

[ParkfieldFarm]

Thank you so much, Rhett&SarahsMom. I had been on their site a couple of times and talked directly to Bank Mutual about joining the program...I missed that I could call them directly.

*picks up phone*

 

[ranchhand]

Good luck, I hope you can work something out.

 

[joebryant]

Best of luck to you. Hopefully something good will come along to see you through all that you're having to deal with.