Archive for May 2011
May 31, 2011 | 
Author Foreclosure Angel A woman buys a stranger’s foreclosed home… and gives it back to her. If you want to know more about this angel contact her on facebook and send her a message here: www.facebook.com Marilyn Mock Says ‘People Need to Help Each Other’ By JONANN BRADY Tracy Pottsboro lost her job and then her home when she couldn’t make mortgage payments. On Saturday, she watched as her home was auctioned off in Dallas. “The final farewell to my house,” Pottsboro said. “It means so much to all of us. It’s not just a house.” Auctions on foreclosed houses are an opportunity for some and agony for those who’ve lost their homes. From July through September of this year, more than 2700 Americans lost their homes to foreclosure every day, according to The Associated Press. In Texas, almost 9200 homes entered the foreclosure process in September. On Saturday, Pottsboro took her seat among the crowd, waiting for house No. 73 to be called. Marilyn Mock, a small-business owner from Rockwall, Texas, had accompanied her son, who was interested in buying a house, to the auction that day. Mock was sitting near Pottsboro and noticed that she was upset. “She was crying, and I asked her what is she upset about, and you know, she lost her house,” Mock said. When the No. 73 came up and the auction began, Mock said she asked Pottsboro, “Is it worth it?” “She said yes. & I just kept taking her word,” Mock said. Mock ended up winning the auction, with a bid of about $30000. And just like that …
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Buying a first home should be an experience that is fun and exciting. After all, a home is an abode where you will create memories for years to come. Since acquiring the home will be part of those memories then the entire buying process should be a pleasant task.
One wonderful advice from those who have gone through this experience is that you must contemplate on the thought that you will be living in that particular place with family whom you love for years and years to come. When these thoughts guide you, chances are you tend to make wiser choices and better selections to make certain that you do not have any regrets with your purchase.
Unfortunately, when buying a first home, you will need to deliberate on many thoughts. First thoughts would be on what type of home to buy and location. Some of these thoughts can turn out to be extensive and burdensome like home financing for downpayment and mortgage solutions. Some thoughts will turn out to be painstaking like negotiating and reviewing contract terms before making the final purchase. Then, when you’ve solved most significant issues, there are the somewhat trivial concerns to think about like architecture and home decoration.
No doubt, home buying can be an overwhelming process. This book will help you check through all the minute details you will need to consider when buying your first home thereby ensuring that you get to buy a truly worthy investment.
The International Monetary Fund warned Athens to firm up its broad financing plans and policy actions to be able to continue receiving IMF bailout funds in concert with the European Union.
Published May 26, 2011.
Read more: AFP via Yahoo! News