"I just want to sit down and have some Hennessy.".............me, too............
Posted on 08/12/2008 10:32:03 AM PDT by I still care
Joann Gardner sat forlornly on her living room floor, waiting for the final step in her home's foreclosure process. The lender's representative was due any moment to give her "cash for keys," a transaction in which she would deliver her family home vacant in exchange for an incentive payment.
"I'm glad it's done," Gardner said wearily. "I just want to sit down and have some Hennessy."
Only days earlier, the house had been jammed with boxes and bags holding the worldly goods her family had accumulated during 54 years in the cramped Oakland bungalow.
Now it was entirely empty, the possessions in storage or donated to the Salvation Army. Gardner's elderly parents, both suffering from dementia and other ailments, had moved a week earlier to a local board-and-care home whose cost would be covered by their Social Security and pension checks.
(Excerpt) Read more at sfgate.com ...
But as you delve into the article, you see the children took their parent's home and mortgaged up to the hilt over and over again.
They haven't even paid any mortgage payment at all since 2006. Wow. Wish I could get by with that. And they can't figure out where 400K worth of loan money went.
The parents are going to a home; the daughter is moving in with her boyfriend and "getting a job".
Now granted, she was her parents full time caregiver, but it seems to me these sentences:
"Joann's parents, Johnnie Gardner, 87, and Estelle, 88, bought the two-bedroom in the Sobrante Park neighborhood in 1954 for $11,500. His salary as an electrician at the Oakland naval shipyard allowed them to make the payments. But in recent years, Joann and her brother refinanced it several times for increasingly larger amounts." are damning.
I don't feel sorry. If anything, they should arrest the stupid daughter for stealing her parents life savings.
Indeed. When will the MSM put forth a foreclosure sob story that can stand even the slightest scrutiny?
Absolutely.
I really have to wonder about a writer[and the people he works for and the people who go “awww] who thinks they just penned some tragic tale of victimhood.
This is elder abuse. If it is proven that the parents are physically or mentally incompetent, and the children have fraudulently taken the money or property, then the children should go to jail.
“I hope it helps somebody to read about this; they won’t be boo-boo the fool like I was.”
no kiddin
Sounds like the parents transferred title to the kids and letting it foreclose was the best bet for the kids to get rid of THEIR debt.
Ha! The new lament of the "poor."
“I’m glad it’s done,” Gardner said wearily. “I just want to sit down and have some Hennessy.”
Uh huh...Can afford Hennessy, but doesn’t make mortgage payments. Does the author of the pipece see any problem with this statement?
they took a house their dad bought and owned free adn clear, mortagaged it multiple times for payments that they knew they couldn;t make - they should be ashamed of themselves. And they should be in jail.
it’s irresponsible people like them that created the mess we’re in now. what kind of person signs for a loan they know they cannot afford?
Deadbeats do it, the people who took large adjustable loans knew they might not make the payments, they didn’t care.
I know a couple here that did the exact same thing. The man’s elderly parents died and left him and his family with a nice, paid for suburban home in a good neighborhood. They promptly mortgaged it for a lot of cash, which they blew on frivolous junk and lost the home in foreclosure.........I’m glad the parents did not live to see everything they worked for all their lives just thrown away................
the word ‘greed’ comes to mind.
but fret ye not - the taxpayers will bail these people out - just wait!
I dont even have to ask or go look at the article for pictures....I used to work in a liquor store on the North Side of Minneapolis during my calledge yrs....when the monthly checks came out,it was Hennesy and Coca Cola for a treat.
"I just want to sit down and have some Hennessy.".............me, too............
“I just want to sit down and have some Hennessy”
She can afford cognac but not house payments?
I think $25 for a fifth of Jack is expensive enough.
I will never forget a picture in the Philadelphia Inquirer showing how a “poor minority” man couldn’t afford to heat his home in the dead of winter.
So there he was, in the kitchen, with the oven door open and water boiling on the stove. The funny thing is...he had a SHORT sleeve shirt on! How stupid do they think we are to fall for such “sob” stories?
Something's fishy here.
And I also see almost no difference between this and "reverse mortgages."
Humpty Hump (Shock G)
...
I drink up all the Hennessey ya got on ya shelf
so just let me introduce myself
My name is Humpty, pronounced with a Umpty.
...
Bump (prounounced with an ‘Ump’) to #19
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