Deputy, civilian killed serving eviction in Modesto

Would have been better to read about a So Cal cop getting whacked. But this will do.

What a nice way to start the weekend!

Although no one deserves to die, the fact of the matter is, is that these Officers and Locksmiths are not just evicting people from their homes; they are also "stealing" their personal property as well.

They are commiting a crime by which they should be severely prosecuted for doing. I am an unfortunate victim to this horrendous act, performed by those who are suppose to be of "high respect."

Sincerely

Some people are truly victims of a bad economy. Some are just stupid.

If you took out a mortgage that was much more than 3 x your annual income, it's on you.

If you re-financed your mortgage to buy toys or to pay for other non life threatening situations, it's on you.

Some people were raised to be "victims" and always blame other people.

Buying real estate is pretty much "idiot proof." No mortgage company, that intends to stay in business, would approve on a loan for someone who obviously cannot make the monthly payments. Those who do are idiots, and those who accept are fools.

The biggest problem came when housing values plummeted, and homeowners found themselves making payments on a $200,000 mortgage, for a piece of property that all-of-a-sudden dropped in value anywhere between $70,000 to $100,000.

This unfortunate victim will not see any return(equity) on their investment for the next 15-20 years. This is not a seller's market, therefore; it is best for one to either get out quickly, refinance(rates are low), or "hang in there" for the long haul.

Victim wrote:

The biggest problem came when housing values plummeted, and homeowners found themselves making payments on a $200,000 mortgage, for a piece of property that all-of-a-sudden dropped in value anywhere between $70,000 to $100,000.

They shouldn't be concerned with that. If they are, they should have never purchased a home. A home is not an investment, it's where you live.

The dude lived in an apartment.

Anonymous wrote:

They shouldn't be concerned with that. If they are, they should have never purchased a home. A home is not an investment, it's where you live.

Buying a home is "still" one of the best investments one can ever make in their lives. I bought my first house in 1975 for $17,000 (monthly payments were $175 a month). Ten years later I bought another home and rented the first one for $700 a month. My tenents were paying my mortgage and providing me with a monthly income as well (plus my income taxes were substantially reduced every year for owning property).

Ten years after that I was forced to sell my second house and move back in to my first house. By then the house was paid for and I was living there "rent free." Six years later I sold the house for $150.000, making a profit of more than $120,000. And that's just one house... imagine the benefits one can reap in owning two, three, or four houses.

Buying is a long term investment that will always be better than renting... regardless of the economy.

Victim wrote:

<quoted text>
Buying a home is "still" one of the best investments one can ever make in their lives. I bought my first house in 1975 for $17,000 (monthly payments were $175 a month). Ten years later I bought another home and rented the first one for $700 a month. My tenents were paying my mortgage and providing me with a monthly income as well (plus my income taxes were substantially reduced every year for owning property).
Ten years after that I was forced to sell my second house and move back in to my first house. By then the house was paid for and I was living there "rent free." Six years later I sold the house for $150.000, making a profit of more than $120,000. And that's just one house... imagine the benefits one can reap in owning two, three, or four houses.
Buying is a long term investment that will always be better than renting... regardless of the economy.

Then you are no one to be complaining about being $100K or more upside down. Buying a house to live in is not an investment, it's where you live.

Now when you are talking about owning multiple properties? That's a different story. It's a risk you choose to take and you are no "victim".

Heheh.. your not paying attention. I'm not complaining about my investments, and yes.. buying a house to live in is also an "investment", and it does not matter where you live, why do you not want to see that?

What my above post is complaining about, are those unscrupulous Locksmiths who take the former tenants properties after they(tenants) have been evicted. This has happened to people that I know, and it has happened to me (twice) as a former owner.

But what difference does it make whether you're a tenant or an owner, taking property that does not belong to you is still "wrong".. right?

These bastards got away with over $10,000 worth of my personal property, so as far as I'm concerned... this makes me a "victim".

Well, yeah, that DOES suck.

Then again, you shouldn't have waited until they evicted you. I'm not sure why people wait until the sheriffs not on their door.

I admit that I probably should have taken a more serious approach to my eviction involving the foreclosure of my second home. But I never thought that the Locksmith would actually take some of my property, before I was able to move it back into my first home (I had to wait for the tenants to move out first).

I eventually was forced to let my first home be sold at auction due to my inability to pay property taxes. What took place this time will "blow your mind".. it did mine. This time it involved my exwife, a low-down real estate investor (Carl Dexter of Real Estate Aquisition Group), the Police, and the County of Sacramento.

Since I owned this place free and clear, Mr. Dexter (realizing that I was not going to sell my house to him for the amount he wanted to give), utilized "illegal" ways in order to (yeah once again) get me out of my house.

Once out he then staged a burglary causing me to lose "everything" I worked my entire life for. This included a classic 82(Crossfire) Corvette which I believe went to one of the Sacramento Police Officers involved in my eviction.

Carl Dexter denies any involvment in this "horrendous" crime, but he is the main one who wanted to hurt me simply because I would not give in to his demands.

Anonymous... THIS MAN DESTROYED MY LIFE AS I KNEW IT, BOTH MENTALLY AND EMOTIONALLY, I WILL NEVER BE THE SAME BECAUSE OF HIM.

SINCERELY!...:(

I wouldn't doubt a cop was involved. They are as bad as the scum they arrest. I laugh at fools who think they're the good guys.

About the only solace I can suggest is that we all need to be less concerned with building treasures on earth and more concerned with treasures in heaven.

Be thankful for the roof you have over your head today, the food you have in your stomach and the clothes on your back. Perhaps most of all, your health (assuming that is good). Worry not for the morrow, for the present day has enough evils of its own.

Like all troubles, this too shall pass.

I wish you the best in getting through it.

Thanks, just had to vent some and tell it like it is. You make a good point indeed. When it comes right down to it, we must trust in ourselves in order to succeed.

Best regards to you.