The Great Eviction

[Igel]

5. I wound up buying one of those foreclosed homes.

It was amazing. We spent the first 3 weeks fixing the dryboard, carpet, linoleum; painting and grouting. Dishwasher didn't work at all, no fridge, stove half-worked, ceiling fans broken, microwave broken.

Yet in less than two years they had two satellite dishes on the roof.

There were three telephone landlines installed--each kid had his/her own phone--plus Internet and cable in every bedroom and the "playroom". Brinks for home security.

When the forwarding order on their mail expired, the collection notices started to arrive. $5k for this credit card, $8k for that credit card. They owed nearly a thousand for electricity. There were three cell phone plans. Four years later, we still get notices. If they filed for bankruptcy, they neglected a lot of creditors.

From closing date to eviction, they had a bit less than 23 months. It takes months for the foreclosure paperwork to get filed and the foreclosure approved.


We're not poor but if we had their lifestyle *we'd* be belly-up in 23 months.

Not all the victims are victims of some other person or the banks. Some are suicides.