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Foreclosure Defense Florida

Jack Booted Thugs – Beating Homeowners With Sledge Hammers….

5 Comments

  • old guy says:

    In my opinion the homeowner Ralph Peterson was wrong to escalate this situation by chasing the contractor inspecting the house for Wells Fargo. And the contractor was wrong for his response.

    But there is a bigger story here. Once upon a time an ordinary American could expect to buy a typical home with a 30 year mortgage, and have a reasonable business relationship with the bank. Those days are OVER AND DONE. The “financialization” of the economy to a predatory, rapacious model is now the norm.

    Avoid mortgages like you would rattlesnakes in your bed. It is possible to get off the credit and mortgage treadmill. Cut up your credit cards. Use prepaid debit cards instead. Buy a used car for cash. Buy land for cash. Build you home for cash, one board at a time if needed. Live in a used mobile home on your land while you build your home (or oversee the builder).

    This is how things are done in most places in the world. Welcome to the new normal. For the ordinary American, the middle-class lifestyle is gone. Get used to it. Our courts are just an extension of the predatory, rapacious business model. For young people, think about moving out of the big cities to rural areas, or out of the country altogether.

  • mike says:

    sorry, you`re off the mark on this one Matt. The guy was taking pictures from a public street. He wasnt invading the home or changing locks. He was chased down by a nut, so i dont blame him for reacting. you shouldn`t use this situation as an example of jack booted thuggery.

  • BarbaraC says:

    I can understand this guy. Christmas Eve. There is a child custody case going on. They go out and ask who the guy is and he won’t answer. If that were true, though, I would have called the policed right then and there. He must have had a little too much Christmas Cheer and wasn’t thinking straight he was scared and defending his home and family.

    Merry Christmas Main Street. More to come.

  • Hillary Fenner says:

    I have talked to many property preservation specialists and they have told me that it is there policy to secure property in foreclosure if they believe that the property is vacant. They do this by changing the locks. This does not make any sense because the property has a lock on it in most cases. So what they doing is locking the owner out of the house. They are not protecting the property from third parties because the property already has a lock on it. I have talked to two property preservation specialists who told me that an altercation almost occurred when they were securing the property. One told me the homeowner came home and didn’t know who he was and there was an argument. Another told me a homeowner pulled a gun on him. If the banks continue with this policy someone is going to get hurt. I do not believe that they have the right to enter your property till they get a Writ of Possession. The banks might argue that you agreed to this in your mortgage. But I don’t think that gives them the right to enter your property without your permission. In addition what if renters are living in the property they never consented to this. I think it is inevitable someone will get seriously hurt if the banks continue with policy.

  • John Anderson says:

    There’s something more to this story. First the amount of time it takes to look at a house, and take a picture of the toys on the lawn, and verify that someone is living there, and move on to your next house to inspect is a very short time.
    Maybe the guy was completing paperwork on other addresses, or some other chore, but he was in front of there house to long.
    They were not in foreclosure, so in my opinion the bank had zero reason to invade the owners privacy. My only guess is that him and his neighborhood is so underwater, that they expect a lot of people to walk away.
    But the man was wrong to chase the vehicle, he should had gotten the license number and called the police.

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