This really hasn’t been a great month for me at all. Not only have I suffered from this mysterious illness nobody knows what it is, but now my best friends are losing their house due to foreclosure. Those of you who are not sure what this means, let me tell you it is a nightmare.
They lose their dream home because they can no longer afford to make their mortgage payments. I have seen this happen to distant acquaintances over the last few months, but never has the mortgage crisis hit home closer than now.
The problem is that the husband has recently lost his job with the bank he worked with for 20 odd years. He never even dreamed that this could happen to him and even though the wife works a job, she doesn’t earn close enough to keep paying their various loans. They have their home mortgage and a couple of personal loans which they have already consolidated early this year.
Now they are being forced to leave their property within the next weeks and they are devastated. I have offered to take them in for the time being as my home is big enough for a couple of extra lodgers I guess. But it isn’t a long term solution for any of us and I wonder what will become of their financial future.
