Sunday, June 24, 2012

Drought and Struggle

Grizz wouldnt stand still and as you can see, there is no grass, even in the shade. A few weeds still hanging on but they don't do the critters any good.  Kind of a fitting situation for the end of this chapter in life.  I've got 5 days and I won't be making the mortgage payment deadline.  Just can't make the money I need.  Even having scrapped farm equipment that could have been repaired didn't give me enough.  No real inquiries on the animals and I will not be selling them for pennies on the dollar.  I have no problem selling them below their worth but I will not be cheated by selling a goat worth $200 for $25.

The garden is burning up on me.  I'm not alone tho, with temperatures in the 90s and no rain, it's last years southwest drought just moved a little north and east.  The big field crops are shriveled and it won't be long before they start dying.  Who would or could have expected after all the rain last year, this year would be so dry?  Mother Nature is pretty unforgiving.  It's terrible hot here now.  Kind of makes you think about how tough the pioneers, farmers and cattlemen of the west 150 years ago had to be.  Living without the things most everyone around you takes for granted is pretty tough.

7 comments:

  1. Contact the mortgage company. They will work with you to keep your place. OR, they will suspend payments until you find a buyer. Foreclosure is not the only option. When people know you are desperate, the unscrupulous will try to take advantage.

    We bought this house at the asking price and it had not been paid on for a year. The people had made arrangements and paid the overdue payments with my purchase money. Don't sit still and lose your place to foreclosure.

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  2. I'm with Parctical Parsimony...it takes more than one missed payment to lose a property. Call the mortgage company...arrange to pay just the interest until you are on your feet.

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  3. We are down to watering every few days to keep our garden looking halfway alive. And now to top it off our well is getting dirty (cave-ins from the ground shifting because of the drought, so no drinking water). I was joking with one of the local weathermen on facebook about how to end this drought and he said at this point it will take a hurricane. So yeah don't worry , you are definitely not alone. Here is to praying things get better soon for you!

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  4. Ya'll, I get what you're saying but a 30 day clause in the contract makes me missing the payment a breach. I'll have some time before I get evicted but breach of contract doesn't leave me much wiggle room.

    Coley, here they're saying no rain for at least 3 weeks. It's gonna hit the crops hard.

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  5. There is probably a breach of contract clause in everything we sign. They want to work with you. TRY! HUD will help you through this, promise. Even if you lose the place, selling is better than eviction.

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  6. I worked in banking until recently. Most banks and mortgage companies are still completely overwhelmed by the number of foreclosures they're dealing with. They don't want your property - they'd rather have your money (even if it's a bit late). The breach of contract clause is standard on any commercial piece of real estate and not unusual in many home contracts. Do NOT simply sit back and let this happen. If you've had issues before with paying your mortgage, your lienholder will have a history of the fact that you may have paid late but you HAVE paid. If you truly want to walk away - do so and hope for the best. But if you truly want to stay - you'll need to start NOW (before the payment is overdue) and start making arrangements. I'm keeping my fingers crossed that everything works out for you.

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  7. i am with maxine on this...if you have truly decided to walk away then do it, but if you truly want to stick it out the banks will work with you but you have to get with them and do it...a major part of survival is "doing" the things you need to do.

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