BigDaddyCool

Yeah I know I haven’t written in a while, but here’s an update as to why:

Wifey and I are furiously trying to pack up our house so that we can get out of here before we get thrown out. We have a moving date of February 10th – that is when the truck gets here. We have an auction date of February 3rd – that is when Wells Fargo wants to sell our house at auction and get $.10 on the dollar for what we owe them. We have been trying to get a loan modification for months now, but since we have no income, Wells Fargo says that we do not qualify for that. “Get a job and we’ll see what we can do.” Yeah, right.

Anyway we finally talked to somebody on the phone who told us that we would qualify for what is known as a “moratorium” on our payments. In other words, all billing would be suspended on our mortgage for anywhere from 30-90 days to allow us time to “fix the situation”. In other words this would give us some additional time to sell the house before we lose it all. So we applied for this “moratorium” back in December – it is now mid-January and we still haven’t been approved yet after being told that approval in our case would “be a foregone conclusion”. Wifey found out yesterday that we were still in the queue for getting our application looked at!!!

It’s no big surprise that Wells Fargo is dragging their feet on this, they do this to millions of us across the country – and they are not the only ones. Didn’t we give these guys several $billion in bailout money to prevent this sort of thing from happening to us? And now that they are “back on their own feet” they refuse to help those of us who helped them out?!?

In any case we have been told to call them back Tuesday for yet another update on our application. We are hopping that we get it because we need the extra time to sell this place and pay off our mortgage. We got a bit of good news in that it appears that Wells Fargo is going to walk away from our equity loan. We had two loans out on the house – the home mortgage was the primary, and we had an equity loan which was the secondary. The equity loan was scheduled to auction off our house on February 2nd – the day before primary was to auction it off. However our real estate agent did some checking with the trustee’s office and found that the action for the equity sale had been cancelled – and it had not been re-scheduled.

Wells Fargo Equity knows that they are not going to get a lot of money out of an auction – if they get anything at all. See, the primary mortgage would have to get paid first, and only then after they got paid would equity get their money – if there was anything left. So it looks like they have decided to cut bait and walk away from us at this point. I don’t know if this means that they will try to come after us for their money later, but we’ll just have to wait and see.

So anyway, there you are. That’s a quick update for those of you reading my story so far. To say that we are under stress here is something of an understatement, but I am still trying to be hopeful that everything is going to work out and that we will be able to survive this – somehow. I know that once we get to California there will be a different kind of stress in that we will be assisting with the care of my father-in-law along with trying to find a job in an area that has the 14th-worst unemployment rate in the country (Boise is 136th), but we will cross that bridge when we come to it.

Oh and, take a look at the interactive map that I found up top. Someone made a video that shows just how bad the unemployment situation has gotten in the last few years. The darker the color, the worse the situation. I would like to invite all of the know-it-alls and tea-baggers out there who call us “lazy, shiftless, no-good, good-for-nothing, fat-assed deadbeat bums” to take a look at that video. After watching that video I would like you to tell us all again just how “easy” it is to get a job in this country. Tell us again how we need to “hit the bricks” and “take a job shoveling shit in the sewers and not complain”. Tell us again how much we really don’t want to work.

Go ahead – I dare you. That way I can tell you to take your head out of your ass.

AGAIN!!!!!!

Until next time…