Monday, March 21, 2011

Bye Bye Miss American Pie

Got notice today that the foreclosure sale on our house will be April 5th. After six months on the market, the best offer we had was $90k, and they wanted us to pay $4,500 in closing costs! We paid $87,700 for the house in 2001...

Fuck it, let the bankers have it back. Buying that house was the second biggest mistake I ever made in my life, a mistake which I will never repeat.

At least I know my American Dream Nightmare is finally coming to an end. Good riddance to it, the stress will not be missed.

So tomorrow I'll go over there and clear out the last of the stuff I want to keep, and put a few things up on Craigslist for sale. I guess I'll bring my boat jig over here. If nothing else, the base will make a good raised bed garden.

The first big mistake of my life brought me to this point, and rest assured, I'll never make that mistake again either. Ten wasted years. That's too damned much time to blow off and ignore...

BTW, how's that "recovery" working out for ya?

22 comments:

Anonymous said...

at least you won't feel the monkeee on your back any more...

Wildflower

Underground Carpenter said...

Hi Mayberry,

"Marriage is a young man's disaster and an old man's comfort."

Robert Heinlein


You have my deepest and most heartfelt sympathy.

Dave

cranky_yankee said...

I can empathize, not sure about your first mistake, but in my case the old and true phrase, "First decide where your going, then decide who your taking along, never the other way around", applies.

Sorry to hear about your homestead, had a similar situation a couple of years ago.

Things are about to move very Rapidly, I,m a firm believer in the opportunities available in a crisis.

Keep the faith.........

Anonymous said...

Hey Bro at the risk of seeming indelicate I saw this article and imediately thought of you. Love you man Leo.
SAN ANTONIO -- Police say a San Antonio Taco Bell customer enraged that the seven burritos he ordered had gone up in price fired an air gun at an employee and later fired an assault rifle at officers before barricading himself into a hotel room.

San Antonio police Sgt. Chris Benavides says officers used tear gas Sunday night to force the man from the hotel room after a three-hour standoff. The man is charged with three counts of attempted capital murder. Authorities have not released his name.

Brian Tillerson, a manager at the Taco Bell/KFC restaurant, told the San Antonio Express-News that the man was angry the Beefy Crunch Burrito had gone from 99 cents to $1.49 each.

Police say the man fired on officers during a traffic stop after the restaurant incident.



Read more: http://www.sunherald.com/2011/03/21/2959925/police-angry-taco-bell-customer.html#ixzz1HHhd2PZK

Kellie said...

I say the title of your blog today and had to share that I actually got all my students in one of the labs I teach to sing the chorus of that song! It was great!

Also, your post makes me so glad I have my house paid off. When I was married, my ex refused to buy a home. Within two years of my divorce, I not only bought a house but paid it off! (private deal)

I have to say that I'm very relieved that I know I will have a home.

The house falls under the "homestead" law so my taxes are actually paid by the government. (bad me, but that is the ONLY assistance I get and I actually cannot NOT take it due to the way the law is worded...weird)

But I hope you get all your things out of there and can relax and enjoy that awesome view you now have!

HermitJim said...

Well, at least the house is no longer going to be an albatross, right?

Sad to see the end of some dreams, but maybe it will help to clear away some of the fog and make way for a better vision of new horizons!

Pete Smith said...

I'm sorry Mayberry I have been there and done that. I do have to say it gets better, much better.

Anonymous said...

That sucks man - my condolences.

Mayberry said...

Wildflower, not that one anyway...

Dave, heh heh, the first time I read "mortgage" and said WTF? : )

Cranky, you got it. And I'm just glad it'll finally be gone...

Leo, c'mon now! I'd just unleash a string of expletives and shove the burrito.... Well, I'd give it back! : )

Kellie, I bet that was interesting to hear. Taxes paid by the gov't?! There's an oxymoron if there ever was... Yep, I been enjoying the view now that it's warmed up...

Jim, right! It was a nightmare, not a dream. Not my dream... Yeah hopefully something better will come along.

Pete, I feel better already just knowing when D-Day is. My only lament is that there will be no boat for me now.

Anon 7:20, yep. No boat money now. That's what sucks!

Anonymous said...

no boat? are there no freebies to fix up or scoungable materials to build your own?

hell, go get some sealed barrels, add a platform, tiller, and mast..

even saw one man build an island from pop bottles and discarded netting..

have fun anyhow...

Wildflower

Anonymous said...

Hey Bro at the risk of seeming indelicate I saw this article and imediately thought of you. Love you man Leo.
Leo I saw the pic of Mabe and tho He packs a few pounds I dont picture Him Wolfing down 7 burrito's Dont remind Me of Him at all.. Grouchy.. OHHH Ya mean the Gun thing?? Dont picture Him with an air gun either.

Muddome said...

As much as it sucks to acquire them, mistakes can often be our biggest assets. That's been true for me anyway.

GardenSERF said...

Sorry to read about what happened. As you can see from the picture on my site today, there aren't any jobs coming back yet up north.

It's hard for the honest man today, but stick to your values.

Mayberry said...

Wildflower, folks are proud of their junk around here. I did get that freebie once, the little yellow and white one I've showed here before. Took me over a year of working on other people's boats to fix 'er up, and I still wound up having to sell it to get by. Anyhoo, I might be able to cobble something together like you said. Just gotta be the early bird to the junk pile...

Grouchy, I'd never eat ONE of those things. Pure poison... Now a REAL burrito from one of the local Mexican joints, hell yeah... I do have an old Crosman BB gun, but that's just for target practice : )

Mud, yer lucky...

Serf, I always stick to my values, which has been my "downfall" in this crooked world of ours. Meh, I sleep good at night...

Dustin Tarditi said...

Keep the faith, Mayberry... stinks that it came to this, but you are still on your feet.

dennis said...

Sorry to hear. Owning our own home was the key to security. Hate to see that idea go. My little part of the world still hasn't seen the recovery the press tells me happened in 09. Glad my grand kids will get to pay my fair share of the bankers bailout. No I had a business with no loans and money in the bank. It was a godsend because I am disabled and didn't have to go on the dole. Now I have on job, no money and the government telling me I don't have the proper medical history to get disability. Ya I didn't believe in not paying my doctor so I just didn't go. Not that they could help much. My back problems are inoperable. Yes I'd rather work my three hour days and pay my own way. Too bad the work all disappeared. I think the worst is still to come so you probably aren't missing much.

Spud said...

Time will heal all cures...
Never know what tomorrow might bring.
Time comes, I might just steal some fat cat sumbitches pride and joy Pacific Seacraft or equivalent lol.

Dee in OK said...

May sound trite but perhaps letting go of the house and that dream will create a vacuum in your life that can be filled by a boat.
Best wishes for you.

Mayberry said...

Dustin, yep still on my feet. And in a much better position going forward.

Dennis, that key to "security" has been mostly gone for a while now. You are right, the worst is yet to come...

Spud, that sounds like a plan!

Dee, that house never was my dream. Heh heh, so far the vacuum just sucks! Sorry, I couldn't resist...

BUCK SEXTON said...

The bank loan is a racket, you payed 87k ten years ago, today at a buy-out of 90k your in the hole. The penalties attached to a mortgage are an extreme version of hwy robbery. Your payments for the ten years of roughly 15k are lost to interest only, equity is eaten by the legal fees and late penalties.

An option to consider is a bankruptcy. This will stop the foreclosure and afford time to sell. It would also stop your payments on everything you owe. You might as well take a bite out of your creditors, and get cash in your pocket........If the tables were turned they would do it to you.

Either way glad to know your free of the burden!

Mayberry said...

Buck, mortgages are a monumental rip-off. Good riddance to it sez I. I'm done with it, let them have that dump...

BUCK SEXTON said...

Sorry i miss wrote. The loss is $96,000.00.

Thats 800.00 per month 12 months times 10 years=$96,000.00. I only mention it because I think its important for people to know how bad people get fucked on a mortgage and the huge loss of foreclosure.

At this point the bank could sell the property for 10 bucks and profit 10k. of course they will sell for 90k and clear 100k even after subtracting the original purchase price of 87k.

Thats mob style profits!

I understand the need to make a profit in business but this is over the top.

Be glad you were only paying for ten years and not 20.