Elderly Ohio Couple Ducking Foreclosure… for Now
By: Diane Tuman, Zillow Content Manager | November 17, 2008
(Photo by Scott Heckel / GateHouse News Service)
That’s Bette and William Hammen above, of North Canton, OH. They are 85 and 83 years old, respectively, and they were THISCLOSE to losing their home to foreclosure this morning, but a recent check of CantonRep.com shows the sheriff’s sale of the couple’s home was canceled. Whew.
Their story is not easy to hear. According to the Holland Sentinel, the Hammen’s received a foreclosure notice back in February, but it got lost among the other mail and was never opened. Records show they took out a $105,000 mortgage on the house in 2006, but William doesn’t recall needing one until, “Two men showed up one day with papers to sign.” To add insult to injury, Hammen was involved in an Internet scam in which he was sending money to Nigeria, hoping to win a lottery. Also, he lost his car to the repo man.
As you can see, age and deteriorating health has played a big part in the Hammens’ present plight, but, for now, they are safe in their home. What’s the moral of this story? Check on your parents or elderly family members. Make sure their papers are in order and they’re not suckered into any kind of real estate scam. It’s always better to be safe, than sorry.
- Stumble it!
- Categories: Foreclosures
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Scam Alert: Bogus Grant Deeds on Abandoned Homes | Zillow® Blog on November 19, 2008 3:15 pm
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Loan Modification on May 6, 2009 3:37 pm
Whatever you do, if you are a homeowner, never sign over the deed to your home, and always thoroughly investigate every company and individual that you deal with regarding real estate ; e.g. the mortgage broker, the lender, the title company, etc.
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