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Posts Tagged ‘mortgages’

        You know what…i don’t know much about foreclosures on a home; but, my family came closer to it than i want to think about this past winter.  I know that foreclosure is happening to more and more people.  I live in a state where the economy is all but paralyzed.  People are loosing their jobs, left and right.  The cost of living is skyrocketing.  I know people who are working two jobs and still are struggling to survive.   I also know people who have gone to donate blood and plasma just so that they had gas money to drive back and forth to work.  This puts the quality of life into the depression era, as far as I am concerned.  Foreclosure can happen to anyone because, right now, the economy stinks.

         This past week, we have heard about a couple of high profile people, Evander Holyfield and Ed McMahon, who are possibly loosing their homes to foreclosure.  One of them, Ed McMahon seems an unlikely candidate to loose his home to foreclosure…however, Ed explains his situation.  He says that he wasn’t paying attention to how his money was managed by business people.  He also says some personal difficulties such as divorce and a broken neck decreased his finances and his ability to work.  He says that he worked hard all of his life.  Alot of people are in the same situation…maybe they can’t even retire or pay for their child’s college because of their financial situation and the possible loss of their home.

           Ed McMahon talks about the million, or so, people in the United States that are now facing foreclosure and says that he understands how people are working hard and due to their personal circumstances they could lose their homes.  Many of them, Ed says, didn’t do anything wrong…maybe they lost their jobs or face medical, financial difficulties…but because of those situations…they are being forced out of their homes that they worked so hard to have.  He says he would like to tell them to find the best help available and to not give up. 

         Those explanations are real life for alot of people.  It has been recently estimated that 1percent of home mortgages have gone into foreclosure from January- March of this year alone; that is around 447,723 families.  Divorce, job downsizing, health issues and the economy are putting more and more people in jeparody of loosing their homes.  For most people, their home is one of their biggest assests or investments.  How does this concern you?   Let’s take a look… 

          The problem is…as the economy worsens…more people loose their homes and that means that more homes are on the market.  Say you want to sell your home…how are you going to do that with all of the houses sitting empty on your street, in your neighborhood, or your town or state?  And if you are lucky enough to find someone who wants YOUR house….will they give you what you have to have financially for it?   Housing that is devalued further complicates the issue.  Propety values plummet in areas where there are many foreclosures.   When people owe more on their house then it is worth, because of the devaluing of it…they can’t sell it without taking a huge financial loss; not to mention coming up with the money to move somewhere else.  The stress and the emotional toll it takes is devastating.  It is a bit like a chain reaction…because then their credit is damaged…and finding another place to live is difficult, relationships take a beating in times of financial crisis too.  Other people can be quite judgmental and often people feel ashamed of what they are going through.  The changes that a family has to go through in a foreclosure has a far reaching impact on schools, jobs, relationships, health and emotional well-being.  I heard a random number tossed about in a news report of between 7-8,000 people enter into foreclosure procedures a DAY!  Those numbers are staggering…and devastating to our economy.

         There are those who say…well, those people shouldn’t have tried to live outside of their means.  That may be true in some circumstances; but, many of those in foreclosure had good paying jobs when they bought that home in good faith, they may have been in perfect health when they bought their home, the economy might have been healthier at the time of the home purchase.  Life is full of changes; foreclosure can happen to anyone!

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        I remember as a teenager being told by my “elders” that the older  I would get, the faster it would seem like “Life was Flying By”.  Well, i hate to admit it but they were right.

        It seems like things are just moving so fast and there is so little time that it is a little bit creepy.  Things that are big news items one day, are not even remembered the next day because there are so many other items that are bigger, better, splashier and more exploitable each and every, new day.

         The other day i wrote here about the spy satellite with the poisionous gas that is about to enter the earth’s atmophere.  The US military plans to shoot it down this week.  They were waiting for the space shuttle to land before attempting to eliminate the threat that the satellite poses to the earth’s population. 

          The shuttle is scheduled to land tomorrow.  This is good, they will not be in firing range.  What i can’t believe is that no one is hyping the threats posed from the satellite.  No, no…the news is covered in things like Lindsey Lohan’s re-creation of a photo shoot that Marilyn Monroe shot way back in the 60’s.  Who could get through the day without having that little morsel pasted into their memory banks?

          Scandal is the name of the game.  Lord knows, if the people of earth could be in danger from the satellite….well…they must be up-to-date on the latest and greatest scandal in the news such as which particular baseball hero of the day used steriods or not, or whether Britney Spear’s dad is out on the partying circuit with Britney’s hangers on crowd, or perhaps, if a famous boxer really does dress up in fish net stockings in his private time!  These are important issues of today are they not?

          I mean who needs to know if there is some unknown government official who could be passing inspections of meat that goes into our school children’s school lunch programs, or the whole reason Fidel Castro is giving up his historical rein of power in Cuba, or how to put an end to all of these public, mass shootings, or why the economy in the US is on the verge of collapse between the mortgage nightmares…the high cost of gas and oil…the bondage of individuals and families who are ensared in a credit card debt web that they will never get out of without filing for bankruptsy…or, how to stop the exporting of jobs to other countries who can afford to pay their workers much less than US employees? 

           We each are “gifted” with such a short time here on earth that we really have to make the most of each and every day.  There is a constant demand for our attention with radio, television, newspapers and cell phones and computers…there isn’t a moment to just stop and realize how much time is wasted on things that really have no major importance.

           For each scandal that comes and goes…yes, the consequences are important.  To the people that it directly involves. 

          We have become a nation of observers of other people’s pain and misery.  When did it become a spectator sport?  If we invest time and energy to watch it…are we not morally challenged to do something about those very situations?  At the very least to pray or send good thoughts and wishes in those directions?

          Every moment of everyday…there are tragedies happening around us both in big and small ways.  There are wars, there are diseases, there are accidents, there are injustices, there are crimes of violence passed among our communities, deaths, and the list goes on.  Let us challenge ourselves not to get caught up in things that we can do nothing about. 

         If we were to focus our time and attention on reaching out to those around us and make a choice to improve our little corners of the world and make it a better place for those we meet everyday maybe “life wouldn’t fly by” so fast. 

          Helping those struggling around us often doesn’t take boat loads of money…sometimes it just takes a listening ear, or a sacrifice of a little of our time, or energy. 

           If we can wrap our minds around the concept of “spending time”/ in other words, using up what time we have alloted to us in our lives; maybe there would be a whole lot less people willing to “waste time” doing things that are un-important; or worse, damaging to ourselves and to the others around us. 

           We each have valuable talents and skills.  It is easy to get caught up in feeling depressed,sad, lost, lonely, or angry.  All of those emotions are negative and they snowball into negative actions.  Refocus and dig deep to find one positive thing to put your energy into. 

            Today it is easier than ever to get involved in positive things.  We can connect to others easily.  Find a group or organization to use what talents or skills you have.   Find a need and fill it, look for opportunities.   Be a role model to those around you.  Get involved in positive things and you will be amazed at how much happier you are.

          

          

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     My husband got his first e-zine article published today.  I am proud of him…he is learning so much in his new  business.  He re-designed his business blog making it more visually appealing.  It looks awesome.

      I believe that he is learning and growing in this online business.  He says he has so much more to learn.   Often people will get intimidated and just stop when things become too challenging; not my guy!

       He is an extra special man…he gives constantly of his time and his knowledge to others who are just starting their online business’s.  It helps that he is a people person and that he is straight up about what he knows and what he doesn’t.  If he doesn’t know an answer…he will find someone who does.  His customers understand that about him.  He has earned their trust.

      He is making a name for himself and earning the respect of others who have been doing this for quite some time.  Baby boomers are having to carve their own niche in supporting their families these days with the economy the way it is.  It is no longer feasible, in the larger sense, to start a job and expect to retire from that job in 20-25 years. 

       Half way through our journey in life…someone changed the rule book….lay offs and down sizing is now the name of the game.  There is very little security. 

        But, Baby Boomers need’s have not changed.  We all still need to have money to raise our families, pay for our mortgages, put away for retirement, and help out our aging parents.  It is hard to do that in a time when there is so much instability with jobs.

        I know that hubby has the weight of the world on his shoulders financially; but, he has accomplished so much in such a short time..that i just wanted to say how proud I am of him. 

        Now, if only the financial rewards were to become a bit more steady; i know that, he could really become a power house in helping others to improve their lives in the same way.  Other’s are more willing to follow in someone else’s footsteps if they see a clear path to success.

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