Apparently, you believe this entire "foreclosure rescue" thing is nothing more than a scheme. And you're right.
Have you ever lost your family’s home in foreclosure?
Back in 1983, when things were tough and my little auto repair business wasn’t doing well, (the break-ins didn’t help) we lost our home in foreclosure.
My wife and our couple kids, just babies at the time, found ourselves on the streets.
I quickly located a temporary place to live but by the time I got back to the old house to get our stuff it had all been thrown away. The fellow I found working there told me he’d taken everything to the dump.
And then he called me a loser.
not finished yet
It was the beginning of winter and unable to buy oil for the furnace, I’d take a five gallon can down to the gas station and buy diesel fuel to heat the house, paying with pennies.
Pennies I stole from my kids.
Five gallons last a day and a half, which meant every other day we’d wake up without heat, 52 degrees or thereabouts registering on the thermostat.
So, we scrambled as best we could. We had no other choice. Eventually, we moved to Puyallup and took over payments on a place that would become our home.
And four years later I lost that home in foreclosure as well.
I had over 100 rental units by then, but not really knowing what I was doing, I’d soon lose all of those properties to foreclosure, too.
The scars are permanent
Just talking about it brings it all careening back. Those feelings, raw as ever, are right below the surface.
And they kill me.
I die, just a little bit, every time I think back on it. I’m dying, just a little bit, right now.
You cannot imagine the absolute terror I faced as a young father and businessman, trying my best to succeed yet failing so badly my family was forced out onto the street with nothing.
my life’s mission
Rob, my mission in life, for many many years now, has been to help people save their homes so they would not have to face what I experienced.
Thankfully, I have helped many people avoid the very foreclosure tragedies I was not able to avoid.
And the pain of losing their homes, losing their possessions, and being out on the street with no money and no one to turn to?
They never had to go through it.
That’s what I do.
I am the real estate equalizer and I rescue people from foreclosure.
And then I have to read this nonsense . . .
Defendant’s sale/buyback scheme is designed to allow Defendant to obtain ownership of homes with large amounts of equity without paying any cash or only nominal amounts to the property owner.— Amended Complaint, dated June 21, 2007
Your claim is nothing short of idiotic.
The people I rescued, Rob, for the most part, are still in their homes today.
None of them were forced out on to the street. None of them had to yank their kids out of school. None of them went through the terror of being out of money, homeless, desperately searching for a place to live.
And do you know why that is?
It’s because I made sure of it.
Your office maintains these people have been wronged.
Your office maintains these people received nothing, or “only nominal” benefits for having transacted with me.
Your office is nuts.
but you’re not finished
Apparently, you believe this entire “foreclosure rescue” thing is nothing more than a scheme. And you’re right. I admit it. It’s all a scheme. One I created personally.
But it has nothing to do with “obtaining ownership of homes,” as you’ve claimed.
It’s a scheme to help people out of tough spots, help them avoid foreclosure and all of the nightmares that go along with it, and allow them to keep their lives (and much of their equity) intact.
If stealing their homes had been our goal, we would have exercised our rights under the agreements to declare the sellers who haven’t paid as agreed in breach and removed them from the properties.
No, not even once.
whatever it takes
My ex-partner and I decided long ago we’d do whatever it takes to make certain no one loses their home.
Our actions document our intentions and there can be no question they are genuine.
With some three dozen foreclosure rescues and not a single incident of us throwing anyone out of his home or snatching away his interest, you’d think that would be sufficient to demonstrate our character.
The foreclosure rescues I did were tragedies avoided.
I stepped up when no one else would, put myself directly in harm’s way, risked my own money and stopped foreclosure for dozens of folks.
And even more remarkably, I then let them stay in their homes.
Rob, I made sure they experienced none of the terror and humiliation I went through when I lost my homes. They all told me “thank you.”
Some even called me “hero.”
And yet your office looks at this and calls it a “sale/buyback scheme” designed to steal homes, knowing full well we have done nothing of the sort.
Are you out of your minds?
I call BULLSHIT, Rob.