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Neighbors rally with Detroit woman to fight foreclosure

Full story: ClickOnDetroit

But two years after moving in to East English Village on the city's east side, her dreams were almost shattered.

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Feldspar

Belleville, MI

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Judge it!
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#1
May 31, 2012
 
Hymn

Amy's got a gun

Amy's got a gun
Kingfish

Brighton, MI

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#2
May 31, 2012
 
Belva should not expect a bank to carry her on its back. If she cannot hold up her end, then she should get out. What's with these freeloading goldbrickers anyway? Is it a Detroit thing to be stoopit?
Rush

San Bernardino, CA

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#3
Jun 5, 2012
 
Kingfish wrote:
".....freeloading goldbrickers ....
...are you talking about the bailed out baks......?
Kingfish

Brighton, MI

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#4
Jun 5, 2012
 
... that too. Still, there is no excuse to default. We are all in this together. If you are in "too deep" then get out.
sophia

Livonia, MI

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#5
Jun 5, 2012
 
Belva appears to be holding up her end. She bled herself dry trying to keep up with an underwater home in depressed Detroit while while the average selling price is $6,000 and some houses are $1. In the end the bank simply did what they are being given money for (OBAMA CASH) and renegotiated the mortgage to something more in line with reality. Otherwise, they might have received that $6,000 or $1 on an auction sale.
Some are suggesting just giving Detroit homes to the homeless while neighbors continue to pay their bills. At least Belva is trying to be part of the system and remain a taxpaying, mortgage paying owner.

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