As more and more people are landing in foreclosure, evictions are also on the rise. Good weekend reading and another sign of things to come unfortunately:
"Sheriff's Deputy Mike Strickland is a postman of bad news, delivering eviction notices in the western stretch of San Bernardino County.
He is armed with a Glock .45, which he seldom draws, and Scotch tape, which he goes through in prodigious amounts while posting court orders on doors and windows.
The deputy spends most of his days at down-market apartment complexes, where the destitute, the addicted and the forlorn fitfully live. But in recent months he has begun venturing into neighborhoods with spacious homes and groomed yards, bringing his legal warnings to those who have fallen hopelessly behind on their mortgages.
These people typically bought a home they couldn't afford or drained their equity through incessant refinancing. If they had a chance to sell, they passed it up.
Eventually, the lender foreclosed on the property. When it was over, the home was auctioned off."
The legend of jingle mail will once again be resurrected. It is said in lore that once upon a time, people refused to pay their mortgage and simply mailed in their keys to the bank as to say "we wash our hands clean." Fascinating to read that the sheriff deputy is actually on pace to paying off his mortgage. Say what? A California resident with aspirations to be debt free. Say it ain't so!
He also mentions that he has a great job and is very busy. I can assure you that he will have job stability for the next few years. Something those at New Century cannot say.
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