Blogs by Shirley Ann Parker
And the foreclosures continue
7/2/2011 6:29:37 PM
It is particularly painful when friends lose their homes and you know the misery they have already been through in an effort to survive.
It is heartbreaking to hear and read about the many thousands of people still losing their homes in this plunging economy. I know some people got themselves into homes they couldn't afford in the first place and perhaps they didn't understand increasing ARM rates or balloon payments. Nevertheless their applications were accepted and they probably did not receive the best explanation, if any, of their terms. Being told to read 12 or 57 documents carefully does not constitute an explanation!
However, most people now facing foreclosure made a considered decision at the time of buying their property and genuinely felt they had the necessary income to be responsible citizens. Unfortunately, life's situations change as they always have, and with no margin fund set aside for emergencies, we can all find ourselves slamming into that foreclosure/bankruptcy brick wall "in short order," as they used to say. Vicious illness strikes, jobs go overseas, religious-political wars claim far too many victims as they always have, and gang violence continues its arrogant, mindless butchery at home.
Hundreds of thousands of people have worked themselves into the ground in an honest attempt to pay their obligations. They have sacrificed all entertainment and travel, rarely bought clothes from thrift shops, let alone new clothes, and often worked two jobs until they found themselves without work at all. Add tragedy to the mixture and there can be few places to turn.
It is particularly painful when friends lose their homes and you know the misery they have already been through in an effort to survive. And at the front of your mind -- not the back -- is the knowledge that "There but for the Grace of God go I." And any day, you could be following in their footsteps. Most of us are one step away from similar disaster, and it isn't because we've loafed around for 40 years, as many have done and got away with it. We have not lived out of someone else's pocket when we were able to work. God bless those whose disabilities prevent them from taking care of themselves. But a pox on the lazy. And let's all pray for jobs to open up for everyone who wants one. They and we deserve that much.
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More Blogs by Shirley Ann Parker
Welcoming 2012 - Tuesday, January 03, 2012
One down and two to go - Thursday, November 24, 2011
Cannot believe the holidays are upon us - Friday, November 11, 2011
Plumbing Nightmares - Monday, September 26, 2011
This month it's been marketing - Saturday, August 13, 2011
Venturing further into e-books - Sunday, July 24, 2011
And the foreclosures continue - Saturday, July 02, 2011
A Satisfying Genealogy Conference - Tuesday, June 21, 2011
Between the Spaces of A Writer's Life - Saturday, June 04, 2011
Time to Move Forward - Friday, December 10, 2010
I have lost an entire year but... - Friday, December 10, 2010
Now here's a situation for you! - Tuesday, April 14, 2009
Patricia Highsmith Understood - Saturday, July 05, 2008
This isn't the life I ordered - Sunday, March 02, 2008
California Wildfires - Saturday, November 10, 2007
Life as it is lived - Friday, October 05, 2007
Are you a Notary Public? - Monday, June 04, 2007
Time is flying by...much too fast! - Sunday, May 20, 2007
Reminder! The Ballad of Billy Lee - Saturday, December 02, 2006
To My Reviewers - Friday, November 24, 2006
The Ballad of Billy Lee - save the date! - Monday, October 09, 2006
Being lethargic or daydreaming? - Sunday, September 03, 2006
A Lone Voice Can Make a Difference - Monday, August 14, 2006
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Mallards at a business park? - Sunday, April 30, 2006
Mobile Home Alert! - Tuesday, April 11, 2006
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Well, the results are in.... - Monday, March 13, 2006
Pins and Needles Time - Monday, February 20, 2006
A Little Disappointed with the Writers' Conference - Tuesday, February 07, 2006
A Dream Scrambling to Survive - Sunday, January 15, 2006
An After-Christmas Sale - Sunday, January 08, 2006
Happy New Year! - Saturday, December 31, 2005
It's Over for Another Year - Monday, December 26, 2005
What Do We Write in December? - Sunday, December 18, 2005