It's messed up to lose a million dollar property over $13,000

@funkychicken2119

Жыл бұрын

That home is t a million…. It’s probably 4-5 million.

@stuwest3653

Жыл бұрын

@@funkychicken2119 It's worth slightly over 1 million

@Vibe69909

Жыл бұрын

Momma always told me that your home can be completely paid off. BUT if you don’t keep up with your property taxes, it’s gone. I never forgot those wise sage words from Momma. May she rest in peace

@jntj3007

Жыл бұрын

True. But greed/corruption doesn't care, and it's also what's ruling over San Franshitshow now.

@Danny-bd2eh

Жыл бұрын

What a mess! She is over 65 years old, and she doesn’t even have to pay property taxes if she lives on Social Security benefits.

This predatory behavior against seniors must be illegal...how the hell do these people steal this woman's wealth?

@michaeljcross87

Жыл бұрын

Lol true story. This is why interest is evil

@Zorbino88

Жыл бұрын

property taxes after retirement should be illegal

@toomignon

Жыл бұрын

You can’t repossess a house on a single notice, and legal eviction takes quite some time. Something doesn’t add up.

@jt8251

Жыл бұрын

@@Zorbino88 define "retirement"

@byrd7633

Жыл бұрын

Nothing more American than theft!

Elder abuse makes my blood boil. My thanks go out to her attorney, who I pray is able to reverse this highly suspicious sale.

@AtillatheFun

Жыл бұрын

Not really elder abuse. She took out a loan without knowing the terms. She is at fault, and her age has nothing to do with it. If you can’t afford a house then downsize instead of taking loans for property taxes.

@mikuforlife1929

Жыл бұрын

@@AtillatheFun It is elder abuse. At that age your cognitive abilities decrease

@fredpuntdroad8701

Жыл бұрын

So what are you saying? That you can steal other people's money if you're a boomer?

@Ummm2521

Жыл бұрын

This is not elder abuse at all 😂 SHE didn’t pay off a loan SHE took out.

@Sean_Connery

Жыл бұрын

@@AtillatheFun ya on one end I sympathize for her situation however she should have sold and moved east for a fifth of the price and a bigger home and a caretaker included!

Sounds like the new buyer isn't exactly the issue, but the lender. People who prey on the elderly are numerous and uniformly despicable.

Let's hope there's a judge with a conscience. Imagine, at her age, getting a notice 29 minutes before your house is sold.

@darex0827

Жыл бұрын

I suspect she will get a few months time to move. This is such a sad situation.

@sandyallen1523

Жыл бұрын

And it sold for half of what it's worth. Who gets the money over the 13,000 she owes? I'll bet it's not her

@DirtyTurtle67

Жыл бұрын

@@darex0827 I was given 6 days.....they don't care.

@darex0827

Жыл бұрын

@@DirtyTurtle67 depends on the state, how backlogged the courts are, etc.

@vickiefinney6073

Жыл бұрын

A judge has to follow the law, not his feeling unfortunately

Basically the city/county has millions to spend homeless people but does not have a program to waive property tax to elderly individuals.

@donaldlee6760

Жыл бұрын

Agreed, and since this lady purchased her property decades ago, her annual property tax would have only been a few hundred per year. Waiving such a small bill every year for people that have owned their home for many decades would cost the city almost nothing.

@obijuankenobi420

Жыл бұрын

​@@donaldlee6760You obviously never owned a home....property tax increase every year....her property tax is way more than when she first bought the property.

@chrisaycock5965

Жыл бұрын

@@obijuankenobi420 Not in California we have prop 13 it does put a very large cap on property tax increases that being said it still doesn't make the burden any less worse for some people.

@donaldlee6760

Жыл бұрын

@@obijuankenobi420 - I bought my home in 2013 in Oakland. California Prop 13 limits increase to a maximum of 2% per year regardless of inflation. This means that as the years go by, paying property tax becomes easier. That was the goal of Prop 13. (source: www.boe.ca.gov/proptaxes/pdf/pub29.pdf)

@timtam9673

Жыл бұрын

She took $9000 to paid property tax.

That foreclosure auction needs to be quashed. People who prey on the elderly need to pay stiff penalties for doing so. Just disgusting people in my eyes. Not to mention that she should have had her property taxes capped at a certain age.

Never use your primary home as collateral or take out a second mortgage. Seen this happen to many people. Those lenders, repos, attorneys, new buyers are all in it together. They goal is not lending and making interest and fees on the loan, the goal was getting your house for cheap.

Isn't this considered "elder abuse"? She is being cheated out of her home. I hope they don't get away with it!

@CorbinAce

Жыл бұрын

Typical California. Come move to Florida before your' beloved Governor Newsom takes everything even your dirty under ware.

@tempgirl00711

Жыл бұрын

These stories happen all the time, the one I saw few months ago same scenario. Elderly woman needed a large amount of cash, the realtor prepared documents to give her the lump sum, but she thought she agreed to using house as collateral, but she was agreeing to sell him her friggin house! It was nuts..and she realized her mistake after the fact. But nothing she could do cuz she wasn't sick when she signed and she had the documents she even said she read them. It was sad....but legal. Elderly people need to wake up, and utilize their relatives and relatives need to stay involved in their daily lives! To help them, read their mail, answer their phones and doorbells. It's nuts. She crying and it was terrible to watch. I just hope when I get this age I'm not too stubborn or that I make sure my son's handle the heavy financials for me. Anything that involves the big things, use free legal service for elderly or a relative

@eckankar7756

Жыл бұрын

This is legal, she CHOSE to put her house up as collateral for a small loan...which is stupid. Her condo is worth over $1M. Had she gone to a bank, or contacted the County Assessor's office and worked out a plan other than with some stranger knocking on her door she'd not be in this situation.

@jumboshrimps4498

Жыл бұрын

The government was going to take her home. The lender just delayed the process. Please think this through if you really care.

@kloatlanta

Жыл бұрын

Predatory loans

The moment you are struggling to pay property taxes on your home at that age is the moment your start to put the property on the market, her property is easily worth over a million dollars. Lender saw an easy target to exploit.

@dianecelento4974

Жыл бұрын

Yes! Too bad she didn't sell before this happened.

@uppity1

Жыл бұрын

Why should she have to move? Do you think it's simple for an elderly person to just move and go to some new place?

@Ap_twsh

Жыл бұрын

yes and no, she should've sold but at the end of the day she was fully capable of reading the fine print. Yes its sad but she's coherent, if she was unable to put words together id say she was taken advantage of other wise she made her choice of pulling a loan out. She shouldve been renting and sold the house though like you said, also she messed up by the joint owner ship agreement, clearly couldnt afford it if she needed a cosigner and that's a no no.

@SL-lz9jr

Жыл бұрын

​@@Ap_twsh We don't know what her financial literacy is. Just because she's lucid. Reading the fine print and comprehension are two different matters. Most Americans would fail a basic financial literacy test

@ah8yan

Жыл бұрын

​@@SL-lz9jr absolutely! Seems like no one was there to help her understand.

As of last year in Virginia, creditors are prohibited from foreclosure if the amount of their lien is less than $25,000 and it is the owners primary residence. The lien will be paid off once the home is sold or through wage garnishment. A similar law needs to pass in California to protect vulnerable and elderly residents from these scams.

It may be legal to put an 81 year old woman on the street by getting her to sign a loan using her house as collateral, but it's also flat evil. The person who bought the home for pennies on the dollar, then told her to get out in 3 days, has no conscience whatsoever. Hopefully this story will garner enough attention that people will reach out to help her, like her lawyer did.

@AtillatheFun

Жыл бұрын

She didn’t pay back the loan. The buyer is not evil, and probably paid a market rate. The lender is the evil one.

@samsanimationcorner3820

Жыл бұрын

​@@AtillatheFuncapitalism is inherently evil. You, me, the buyer, the president. All guilty of evil. To what degree we commit, and to what degree we exploit others without reverence, is what assures us a room in hell.

Why can they evict an owner in three days without notice but it takes months or years to evict renters who don't pay?

@cosmicllama6910

Жыл бұрын

because they want to make everybody homeless, that's the systems whole goal isn't it obvious.

@soonsuicidal

Жыл бұрын

Coz politicians doesnt have brains

@somethingsomething404

Жыл бұрын

They can’t. Maybe the papers were filed 27 days earlier and she wasn’t told but maybe they didn’t file any papers and just asked her to be out. When she doesn’t leave nicely then they file the papers so it’ll probably be a month or whatever the legal timeline is

@neilkurzman4907

Жыл бұрын

This didn’t take three days to happen. The three days is the final notice.

@microponics2695

Жыл бұрын

3 days if you can prove to a judge they're doing harm to the property. 30 days is standard. For squatting scammers they like to argue that they've already paid rent and that may take up to 90 days to take them to court in that case they simply wait out until 90 days and then move and skip court so they never are evicted because they vacate.

YOU..... NEVER ....EVER .... TRULY....OWN YOUR HOME. Pay it off and stop paying property taxes and find out.

@NowAbundant

Жыл бұрын

You can own that structure (house), but that land is on a forever lease by your local county!😂😂 Like Billy said, stop paying them taxes and find out!

@susannehartl3067

Жыл бұрын

You are aware that property tax is funding public schools, aren't you?

@Jarnvir

Жыл бұрын

I’ve been telling people this since I was a child and they still don’t understand. Well, this is the outcome and the epitome of America. Sucks to be her, but she’s had the right to vote for a very long time and voted against her own best interests. Oh well. Better open your eyes and learn today, kids.

@shiveringnerve

Жыл бұрын

it’s the American Way!

@ladymiss9466

Жыл бұрын

true. 😥 systems for homeownership, housing, and real estate are broken

The lender needs to be sued and charged with elder financial abuse. The city attorney or the DA needs to look into this and help her. This is illegal and wrong!

@AtillatheFun

Жыл бұрын

What would they be charged for? They followed the law and she didn’t read the terms.

These people need God. It's ridiculous. She's losing her home over 13,000? Seriously. If you are trying to evict someone like this you need mental and emotional help.

I would definitely donate to a gofundme for her.

@greenearthblueskies8556

Жыл бұрын

Too late for that

@nierautomata9654

Жыл бұрын

So you’ll be donating for her for the rest of your life coz theres property tax every year 😆

@internallyinteral

Жыл бұрын

​@@nierautomata9654 it's 13000 a year, how long is she expected to live???? It's really not that crazy. Imagine how much money the US spends dropping "fun packages" on poor people

@donaldlee6760

Жыл бұрын

@@internallyinteral - she does not pay $13,000 per year in property tax. I bought my home in 2013 in an A-class neighborhood (I am a tech worker) and pay less than that on my house. If she bought her home 25 years ago then her property tax was under $1000 per year, and because of Prop 13 her tax increased 2% per year every year, or $1608 after 25 years. She can AirBnb her home for 16 days at $100 per day and make $1600. Of course she will need to find a cheap AirBnb to rent herself in Tracy or Vallejo, but still, it's only 16 days each year.

@Jesse-gr2xo

Жыл бұрын

@@donaldlee6760 Tech workers in A-class neighborhoods don't know everything about everyone (surprise) and have caused part of this problem. Don't be so smug and inhumane.

I’m shocked that they would even let someone put a home on the line for a $9000 loan

@hollyb6885

Жыл бұрын

It sounds like a home equity loan. People take those out all the time. I think we’re missing part of the story.

@billlam7756

Жыл бұрын

It's a collateral loan and they usually have high interest

@GorgieClarissa

Жыл бұрын

That's how predatory loans work

@lisajohnson6351

Жыл бұрын

They are financial predators

@MonsterMeatMac

Жыл бұрын

@@lisajohnson6351 yup. They forced her to sign those papers alright. And the ECOA that was passed in the mid 70s was all propaganda.

I could never in one million years do that to an elderly person. Or any person for that matter. I hope she is allowed to stay in her home.

Thank you for bringing this story to the public. What a terrible situation for this elderly. I hope the judges decide in her favor. And those ppl that wronged her get what they deserve.

This just makes me weak in the knees - such a creepy, greedy world we live in. What type of monster would kick an elderly disabled woman from her home? Please keep us informed if a GoFundMe starts up. In the meantime I’m hoping that the opportunist goes back to his/her/it’s nasty hole and grows a heart.

@Jesse-gr2xo

Жыл бұрын

THANK YOU!

@JennyWren333

Жыл бұрын

@@Jesse-gr2xo 💕

@tempgirl00711

Жыл бұрын

This happens all the time to that age group. Saw one few months ago this elderly woman, house paid off, she needed cash for something, the realtor drew up documents and gave her the lump sum, she signed documents and later got notice to vacate. She literally sold realtor her home for the lump sum he gave her! Literally. The documents were all valid, she was aware of what she was doing, she said she read the documents and needed the money. She was around same age or little older. At a certain age, we become prey. No one should make big decisions Abt finances and the roof over their heads. Go to family members or most cities provide free legal service for elderly. It's insane

@veryslyfox

Жыл бұрын

It isn't "her" home. It belongs to someone else. She's a squatter. A better question is why she thinks she has a right to live in someone else's house? Could you answer that for us

@eckankar7756

Жыл бұрын

She did this to herself. The condo is worth over $1M. Unless she still owed on the condo after living there 30 years she should have had it paid off and some major equity in the condo to take out a legitimate loan, reverse mortgage or HELOC. But, she chose to trust someone that was knocking on her front door.

She is screwed. Mark my words. This is why you never take out a collateral loan against your house unless you know you can pay it back.

@go5582

Жыл бұрын

Hi AL. GREAT comment. Never touch your home. She didn't have 9k for property taxes. Ouch.

@jntj3007

Жыл бұрын

That's why greed shouldn't be rewarded with the acquisition of other folks' property, thru laws written by shady legislators, especially when those other folks are seniors.

@Nessal83

Жыл бұрын

@@jntj3007 You should be blaming the politicians that created the concept of property tax. How can someone truly own their property when you have to pay the government in perpetuity in order to keep it? That's not called owning. It's called renting.

@ladonna2u742

Жыл бұрын

Probably did it to help some useless drug addict adult kid or grandkid.

@veryslyfox

Жыл бұрын

Yep she's screwed. Her only chance to void the contract is to prove she signed the contract under duress or that she was defrauded through misleading statements. Merely being ignorant or careless won't cut it. It's a very high bar, as it should be. How would you feel if you signed a contract with someone and they could back out of it after the fact because they changed their mind??? What if YOU bought a house and the seller came back after a few months and took it back from you?

The new owner & lender/bank picked an easy target. An old, sick woman with a nice property. They’re probably stressing her out as much as they can so she can easily die & take over the property & avoid any court hearing/procedures. Such a greedy heartless world we are living in right now. I hope justice would still be in her favor. Our senior elders deserve to retire stress-free.

Talk about doing something useful and worthwhile...huge thanks and appreciation to the young lawyers who commit themselves to helping the vulnerable.

If anyone in California knows an older person going through this, The state of california actually has a program aimed to help senior citizens . It’s called property tax postponement and it works by allowing seniors (62 and older) to defer their property taxes by placing a lien on the property with 7% interest up until the property is sold, the homeowner dies, the homeowner no longer qualifies or no longer owns the property. The state then covers everything. To qualify a person has to make $35,500 or less annually and fill out a form to apply.

@theinfamouskimexperience

Жыл бұрын

That's just a reverse mortgage and what about her heirs or family she may want to leave the property too

@indiasohot2trot

Жыл бұрын

@@theinfamouskimexperience does it matter?? The whole point is the older person (given they qualify) can be relieved of paying taxes on property that’s more likely already paid off. It’s a huge step in the right direction for California. If her heirs or family want it so badly they can help the older person pay the property taxes until they pass away.

@debracisneroshhp2827

Жыл бұрын

@@indiasohot2trot , My understanding is if someone with heirs does a reverse mortgage and dies, the financial responsibility then falls to the heirs.

@theinfamouskimexperience

Жыл бұрын

@indiasohot2trot Yes, it does matter because reverse mortgage is another form of screwing people over trust I have seen it.....

@indiasohot2trot

Жыл бұрын

@@debracisneroshhp2827 you can find out more here www.sco.ca.gov/ardtax_prop_tax_postponement.html

What a crook. We definitely need more protection for the elderly. Where were the lender was knew exactly what he was doing.

@jumboshrimps4498

Жыл бұрын

Still can't believe people like you. So if the government takes her home for failing to pay property tax you'll be fine with that?

@Adiscretefirm

Жыл бұрын

I had to reread that last sentence, it still doesn't make sense but my first impression that I had developed dyslexia or had a stroke was disproven at least.

@lionheart93

Жыл бұрын

it is a foreclosure. Buyer most likely came in with all cash or private money

I hope the court steps in. With a little time she could probably raise 13k with a Gofundme, but that company clearly deceived her and didn't make clear the consequences of her loan. They shouldn't be able to take a lien like that. I guess her mortgage was paid off so there was no other lender standing ahead of them? Anyway it is wrong. She should at minimum have time to see the property for fair market value to pay off the 13K and then if she had to move to Arizona or somewhere a lot cheaper she could use the proceeds. There are even programs for seniors who can't pay property tax and I think the state is prohibited from foreclosing for that reason after another case that was unconscionable where they took a man's condo and sold it over a few thousand dollars. They need people who can reach out to seniors in these circumstances and direct them to non-exploitative programs.

@vee9043

Жыл бұрын

Agreed. Virginia passed a law last year prohibiting foreclosure action on a debtors primary residence if the lien amount is < $25,000. Had she lived in VA, the court could not force the sale. The creditor would have to wait until she died and the estate would pay off the lien once the home is sold.

This is heart breaking! I hope she gets to keep her home!

This is insane. At the very least the city needs to help her out.

@derrickraccoon7370

Жыл бұрын

the city should fine her for having a house that isn't asetically presentable

@Jose_Jimenez

Жыл бұрын

The city didn't get the loan.

@Law19157

Жыл бұрын

The city is the one who got her into this predicament by charging property taxes she was unable to pay

@SidewaysBurnouts

Жыл бұрын

the city is in on it. zoe loffgrens husband specializes in running quit claim deeds to old mexican ladies and stealing the houses.

@violent_bebop9687

Жыл бұрын

How about eliminating taxes? The source of this problem

Glad she has an attorney

@ieattofu68

Жыл бұрын

I am so appreciative of that non profit legal help she is getting.

Not this story again! The news conveniently omitted the fact that this lady reverse mortgaged this condo 20 years ago for more than $500K and her equity dried up. The house was put on auction but took so long to sell due to the debt and nonprofits cannot help because its not just the $12000 property tax but the hundreds of thousands of dollars worth of debt, and that she has no equity in the house left. Go read the article on this case. It is sad that it came to this but this home no longer belongs to her because she used up the value of the home for decades. she should have sold the home or found other means to support her living. Shame on the news to petal this for viewership.

Wait! Sheriff will physically evict a woman whose house is foreclosed, but cannot do anything to a squatter?

She's looking good at 81. I can tell she's not going anywhere.

@jeanakatherine9369

Жыл бұрын

She looks great for 81! Ur right

That's exactly what property taxes are for: so you never really own 'your' property. The claim that taxes are for paying for schools etc., is all nonsense. Such things can be paid for using sales taxes, state taxes, and other taxes.

@mrsleep0000

Жыл бұрын

If you were actually paying attention in your high school US Government course, you would already know that you don't own the property and that you are leasing it from the government. People only have themselves to blame for being ignorant.

@nierautomata9654

Жыл бұрын

@Schoolboy with that principle then there is no other “Landlord” than the Government itself coz the homeowner still pays rent to the government in the form of property taxes 😆

@FirstnameLastname-tp4zw

Жыл бұрын

This is exactly why god made no cure for dementia. I've met 60 year olds I've changed ass for that did not have the scruples this woman does. So it is what it is. She dies on the streets she still has it together to the end. Everything she goes thru trust me investors/coviders will pay dearly for.😊👍

@susannehartl3067

Жыл бұрын

You are aware that property tax is funding public schools, aren't you?

@FirstnameLastname-tp4zw

Жыл бұрын

@@susannehartl3067 Is it the same public schools that are breeding our next virus for the human species? I know Japan and China starts college at 6th grade so what the fuck is our problem???

Selling a million-dollar property to someone else for only $13k is obviously unlawful, and was meant as a predatory practice to take advantage of the elderly woman. The lawful thing would simply be to put a $13k lien on her property, which would guarantee they'd get their money.

@27Killermike

Жыл бұрын

That's not what happen lol

Whoa. Any possibility there was a conspiracy to trick her out of her home? Sounds like! Shameful!

@ieattofu68

Жыл бұрын

Probably. I'm guessing it happens over and over again to the elderly. Very sad and unfortunate and cruel.

@aryandefenseleague8243

Жыл бұрын

🐀🇮🇱🐀🇮🇱🐀🇮🇱

@EndOfTheW0rld

Жыл бұрын

Nah she just didn't read before signing.

Unfortunately, this is the dark side of America. Laws with loopholes and a few good samaritans supporting those in need of help. If only these loopholes could be closed fast, with better assistance for those in need.

@rickss69

Жыл бұрын

What loophole? She could not pay her taxes, gambled and lost.

@ladonna2u742

Жыл бұрын

Unfortunately, Loop holes only work for the greedy.

@Ap_twsh

Жыл бұрын

WTF you talking about? dark side of America? She fucked up like other people that did the same. Its harsh but true reality hurts and she should've rented instead of owned. get out of your fantasy land property taxes aren't a hidden mystery guy its expected.

@jt8251

Жыл бұрын

There is no "loophole" here. She didn't pay her property taxes. This outcome would happen to anyone, regardless of age, or wealth, if they willingly chose to not pay their property taxes.

@StoicLion

Жыл бұрын

@@jt8251 Yes but the original poster wanted attention, so he (?) posted some meaningless bullshit for 62 or more people to like.

Property taxes should have a grandfather clause. Owning a home should not be impossible for average people!

She has such a kind face. I'm so sorry that people try to take advantage of seniors. As someone who has worked in real estate for 20+ years, this is absolutely sickening behavior. I hope the woman successfully fights this!!!

It is sad to see property taxes so high and unaffordable that seniors cannot afford them and they lose their homes.

@yvonnelee5766

Жыл бұрын

True, but this has happened so many times across the country. I read an article years ago about a retired teacher that lived in a town of New Jersey andher home was actually paid off, but she could not afford the property taxes and she had to move. So sad.

@BabyBugBug

Жыл бұрын

Come to upstate NY. My property tax rate is astronomical.

@BobSmith-mp8ld

Жыл бұрын

This is how states pay for all their handout programs. Ironically this woman probably voted on countless propositions thinking they were free, and unknowingly raising her own property taxes over time.

This woman deserves to live the rest of her life without greedy leaches causing her more hardship. I hope those who took advantage of her situation get everything they deserve. 😞

@Jesse-gr2xo

Жыл бұрын

Yes!

@jumboshrimps4498

Жыл бұрын

The leaches are the people that support property taxes.

@asakayosapro

Жыл бұрын

You mean I hope they get the karmic retribution and consequences they deserve

Its crazy to think that people could be so heartless when it comes to someone who's so vulnerable

That's a huge problem in the USA. Property taxes. You work all your life to pay off your home and then the property taxes skyrocket. I'm retired on disability. My house taxes were $8,000 this year. That's the first four months of my retirement income just to pay the taxes. I eat a lot of soup. Toast, toasted cheese sandwiches, peanut butter sandwiches and anything cheap.

@inaj27

Жыл бұрын

😢 seems like this will be my future however I don’t even own a home

Please apply for the California mortgage assistance program asap! They help with taxes as well.

@carlosmendoza8312

Жыл бұрын

SCAM!!!!

@waltchan

Жыл бұрын

@@carlosmendoza8312 Does this company exists or not, California mortgage assistance program?

@carlosmendoza8312

Жыл бұрын

@@waltchan Yes it does, just do your own due diligence.

If you can't afford to even pay property taxes, sell the house, use the proceeds to fund your retirement.... If you don't, Vultures will be knocking... that seemed to be the story here.

These predatory lenders and scam artists are out of control. Someone needs to be held accountable for this. It is a crime.

This should not have been a surprise to her. What about all the required notices prior to foreclosure that should have been delivered, mailed, sent, served to her?

@CourtroomAnticsTV

Жыл бұрын

it may not have been but options arent easy to come by when your that age with no suppport

@jt6231

Жыл бұрын

That’s why I was confused. Why didn’t it mention in the news??

@its-all-good

Жыл бұрын

Trust me... the City of SF does not send notices as they claim they do. I have it in writing from the Assessors Office that states, notices are a courtesy and it is the responsibility of the property owner to know due date(s). It's possible this lady did not receive prior notices and being 81, probably forgot they were due.

@XyThree

Жыл бұрын

It doesn't always work like that. You'd have to really have owned property to fully understand unfortunately

@hoapres

Жыл бұрын

The city doesn't send the notices.

Property taxes are insane, abolish property taxes

@davinxi5926

Жыл бұрын

I agree.

@nicolaemarenschi9849

Жыл бұрын

Quality of school, public service has decreased dramatically but property taxes increased so there is no positive results in increased taxes the only results is poverty of homeowners and renters too because cost of property tax included in rental price

These are wicked times! The bank and this buyer must be together in this deed. I hope the judge is good.

sometimes you have to cash out

Glad she reached out for help and not let those predators just put her out without a fight.

Good to see how this country takes care of its elderly.

This is disgusting and predatory. I have no words for how badly this system is failing the majority of people.

@GregoryCunningham

Жыл бұрын

It’s working as intended, unfortunately.

I am curious...was she not making payments on the loan? And, before the property even gets to a foreclosure point, she would have to be at least 3 or more months in arrears. The lender would have/should have been sending her notices regarding that so what was really going on here? Were the notices being diverted? Not sent? Something just sounds weird here...I really want to know how this happened!

what a tough situation to be in at that age.

@derrickraccoon7370

Жыл бұрын

she did it to herself.

@obijuankenobi420

Жыл бұрын

​@@derrickraccoon7370She raised her property tax every year for the past couple decades? Your comment reeks of "moms basement"

@derrickraccoon7370

Жыл бұрын

@@obijuankenobi420 She probably voted for democrats so yes, she did do it to herself.

@Kylewraps

Жыл бұрын

Pay your bills, stop blaming other people $9,000 taxes on a million dollar property is reasonable

@obijuankenobi420

Жыл бұрын

@@Kylewraps You're so programmed.....property tax is to fund the police and public schools....the police departments have been de-funded and our schools are shit....yet our local government officials keep getting pay increases.....but hey $9,000 a year aint that bad ....🥴

To evict a 81 year old women is very sad. The so called new owner must be proud

In CA you can avoid paying property taxes for 5 years before they take your home. Instead of taking out a high interest loan she should have simply not paid the property taxes for 5 years... she probably would have died by then anyway.

It comes off as she's old and about to die so who cares. We have makeover shows dance shows and singing shows but not help the elderly shows ridiculous we all need to do better.

So we can pay millions to keep drug addicts high in the Tenderloin, but we have no real Housing protections in place for the elderly? Should 81 year olds still be paying property taxes, do they even have the ability on their social security incomes? Should she at the age of 81 be forced to relocate away from where she spent her entire life because it’s “more affordable?” What about the emotional trauma the elderly go through being kicked out of their lifelong homes just so they can afford to live out their remaining years and die, somewhere completely unknown to them, with a roof over their heads? What a sick, cannibalistic society this has become, Americans are literally one step away from sacrificing themselves entirely for their never ending greed for money.

@arcatacompany

Жыл бұрын

Thank you for that

@sarahgarner5425

Жыл бұрын

We need more voices like yours. Thank you.

@debracisneroshhp2827

Жыл бұрын

EXACTLY! 😢😒

Believe me if I was 80 years old had nowhere to go and they were going to take my house. I’d burn it down first and let them take me to prison. Those are historical homes in that area they could build another one, but it wouldn’t be the same.

I hope they sue the heck out of everybody that took advantage of this lady.

Why does the news only talk about the loan, the county is the one who caused her to get the loan. Why aren’t they fighting sf county for taxing her. Oh ya we can’t report the government will take your house for not paying property taxes

@foxtrotwolf6081

Жыл бұрын

It sounds like she paid her property taxes with the loan. Property taxes are okay- lender foreclosed and sold.

@tombushman8029

Жыл бұрын

@@foxtrotwolf6081 if she didn’t pay her property taxes the government would have foreclosed too

I’m so sorry to hear. This breaks my heart.

@stuwest3653

Жыл бұрын

Poor lady. Defaults on loan that she could easily afford to pay by selling the house. She is a deadbeat.

30 years is NOT “years”…it’s DECADES 🤦🏽‍♀️ This is sickening and the new owner is a heartless POS. One word: KARMA

I hope justice prevails for this elderly woman.

Well, this is a mess. She doesn’t even have to pay property taxes to the county if she lives on Social Security benefits at the age of over 65 years old. Her annual income has to be under $25,000.00 for property tax exemption and she has to apply property tax exemption every year for qualifying this program. This is the county law, not rule. Have doubt? Please go to SF CITY HALL for more details.

@CorbinAce

Жыл бұрын

Where did you hear that BS. I am 87, retired for over 20 years and still pay Property Taxes. This woman would have to save $750 dollars a month to pay a yearly $9,000.00 taxes. I bet $750.00 from SS a month Social Security would leave her if lucky around $150.00 a month to live on. In La really? Unless she was the president of Bank of America she is lucky to get 8-900.00 a month SS.

@Danny-bd2eh

Жыл бұрын

@@CorbinAce : BS stands for beautiful sound. Your ignorance on property taxes cost you a fortune. What you don’t know doesn’t mean it doesn’t exist. If your annual incomes are less than $25,000 and over 65 years old, you are exempted. Why don’t you even bother talk to people working in taxes department in the City Hall?

@Jesse-gr2xo

Жыл бұрын

@@Danny-bd2eh Shut up and help people other than yourself. As Sly and the Family Stone sang, "The tall man will fall, the small man shall be tall". (exact words?) Do you know what "compassion" means, rich kids?

@bodhimom1

Жыл бұрын

There is no such rule.

@Danny-bd2eh

Жыл бұрын

@@bodhimom1 : This is the law, not rule, period. Why don’t you go to SF City Hall to find out yourself? By the way, her annual income has to be under $25,000.00 for property tax exemption. That said, she has to apply for tax exemption annually for qualifying this program.

These predatory lenders look for the elderly sitting on alot of equity. They talk them into these short term loans that are most likely illegal and then they lose their million dollar properties for $13,000.

I am so sorry for this woman in a world where money rules. It’s sickening.

UHM NO! No she does not have 3 days before she has to leave! That house was sold out from under her for pennys on the dollar, so shame on anyone involved in going against this woman.

I'm a realtor. Her first course of action is with the court to find out how the deed was transferred by the loan. Then you file a lawsuit with NAR against the loan officer/buyer agent if that and see what the paperwork says. If she was not qualified or notorized to be sure that this small loan could end her ownership, then it is a predatory loan and can be fought in court. This is a story put together to make people angry about what people do to old people. This woman has a 100 percent chance of winning in court, especially after a national piece on it.

She could have sold her condo for top dollar and retired with the earnings somewhere else

@rclaughlin

Жыл бұрын

Yes, exactly.

@geck1204

Жыл бұрын

Instead she lost everything for 9k... Imagine that. She lost at least 2 mill due to that decision. Kinda sad tbh.

@anthonyjones9868

Жыл бұрын

She like everybody else in the Bay

@nicolasnicolas2801

Жыл бұрын

Like all Americans are moving to Mexico and Chinese government take their home

@Xilladan093

Жыл бұрын

​@@nicolasnicolas2801 chinese and blackrock

Where is the respect & protection for our elderly people, like her in this country? This lady should never be in loss of her home over $13,000! It would cost the State of California twice that amount, and more in medical, emotional, and nursing home care when the stress of this miscarriage of ⚖ justice takes its toll on her and sends her to the hospitas, then the streets.😢

Who are these people? And who else have they done this needs to be exposed everywhere. I’ve been seeing similar stories

I’m a strong advocate for landlord protection and rights since the government insists on screwing over landlords to benefit tenants, but we need better laws against taking someone’s home for a loan that’s a tiny fraction of the home value

@rabidgoon

Жыл бұрын

landlords are parasites

@tombushman8029

Жыл бұрын

If she hadn’t got the loan do you think sf county wouldn’t have foreclosed on her too?

@erikh9991

Жыл бұрын

I truly feel sorry for her to lose her home over $9K. She should have sold like 10 years ago and moved into something more affordable and safer.

@stuwest3653

Жыл бұрын

How else are they going to get their money. She took the risk of a loan and now has to pay. All she had to do was sell her house, pay her bills and move somewhere a little more affordable.

@db5967

Жыл бұрын

Don't know who brainwashed you, but landlords have more protection and power compared to tenants.

I do not get it @0:50. Fill me in if I am missing anything. She took a $9,000 loan to pay her property tax in 2021. Her house is valued at more than $1,000,000 and her home got repossessed because she could not pay a $9,000 loan. Ok... So how did she pay the property tax for 2022, and 2023? And how about 2024, 2025, 2026. Why not sell the house and cash out. Go leave with the children and pay them some rent.

@jt6231

Жыл бұрын

I don’t get it too. I think there’s more to this that wasn’t disclose to us.

@timedj9164

Жыл бұрын

She put her house up as collateral just in case she didnt pay the $9k back and then ...

Property taxes for human owner occupied homes should be abolished. Replace it with a county income tax and real estate sales tax.

Need to start a go fund me to buy this old woman a house.

🙏🏽🙏🏽🙏🏽Praying for a MIRACLE ❤

Welcome to being a homeowner in America.

@27Killermike

Жыл бұрын

Sounds like she hadn't paid her taxes for years.

The judge should make them lose their houses and see how it feels to not have a home poor woman

This didn’t suddenly come upon her. Why didn’t she address this during the time of the foreclosed loan? One doesn’t just wake up one day with 29 minutes to pay up…

I hope the judge does the right thing and protect her rights.

There are people who haven't been born yet and in 40 years, they'll be there for you when you need them as a lawyer/attorney to help fight for your home.

I hope she wins! I am praying for her and that the new buyer doesn't get the house - STay Safe

"Just because you can doesn't mean you should." Words of wisdom for all to live by.

A country is defined on how it treats the elderly, children and the poor. It there’s any truth to that….America is near the bottom.🤔🤦🏼‍♂️😟

@Teri728

Жыл бұрын

And special needs people.

Why don't news channels set up gofundme accounts for these people.

If all else fails don’t leave don’t answer your door and don’t leave it’s a pain in the rear end to evict people and now it’s the owners responsibility to go through those legal proceedings don’t get scared away by their BS tactics. Sit and refuse to leave let them do what they’ve got to do. Keep going with your attorney but in the meantime don’t leave!

Maybe the reporter could let us know who the lender or the other attorneys are. I'm sure they would like the public to call with their concerns.

Absolutely disgusting, how we treat the elderly! Do they have a go fund me set up for her?

@uniformitydubliner9691

Жыл бұрын

So, people should be treated better or worse based on their age?

@Jesse-gr2xo

Жыл бұрын

@@uniformitydubliner9691 Wait til you're in your 80s and some rich tech kid wants your home.

@jeffcyuwang

Жыл бұрын

@@Jesse-gr2xo Even tech kids are having hard time to buy houses now to be honest. She actually owned a house, that put her way ahead of so many kids here.

@uniformitydubliner9691

Жыл бұрын

@@Jesse-gr2xo And what if it happens when I'm 22? Or 45? Or 36? Or 58? Does the age really make it better or worse?

@LC-tc3hz

Жыл бұрын

@@uniformitydubliner9691 clueless

Wait, she did this over property taxes in 2021? Weren't protections in place with covid going on to come up with solutions for property taxes? Especially for people that were at high risk, like seniors? And couldn't do things? I have a feeling it wasn't the city/county/state that talked her into doing a loan.

@MissPepperss

Жыл бұрын

I don't think so, I heard many people lost their homes, and had to sell them in order to pay property taxes and other bills due to tenants not paying their rents.

@BobSmith-mp8ld

Жыл бұрын

Taxes were the one thing without protections. The government always gets its money.

She’s a “tough old bird” who knowingly took out a loan and then didn’t pay it. How is any of this elder abuse? If she was mentally feeble I might be on board with that. But she clearly knew what she was doing.

This is yet another example of people big business taking advantage of the elderly. This us unacceptable. We all are gonna be there one day. What if this happened to you or your loved one. This makes me sick. The lady could volunteer to her city with educating, telling her story, doing anything to pay that amount back. Then make sure she has a way to pay it every year. This is shameful! Thanks to the news for covering.

"We reached out to the attorney listed as representing the new buyer" is not enough. Name him! Any publicity is good publicity, right? Well, name him. We have the right to face our accusers. Surely there's public good and a public interest in knowing who all the players are. The media has to stop shielding people who are involved in public proceedings. It's no longer okay to use your discretion, it's time to do some straight damned reporting.

@tombushman8029

Жыл бұрын

Sf county is the accuser had she not gotten the loan SF would have foreclosed on her

@aimyah88

Жыл бұрын

Eugene Gardner

@donaldlee6760

Жыл бұрын

When you say "...We have the right to face our accusers..." are you talking about the accuser or the lawyer of the accuser? I only ask because Hillary Clinton defended a 41 y/o child rapist (the victim was 12 y/o Kathy Shelton). She fought against this unwanted assignment by the judge, however she was overruled and ultimately defended the child rapist brilliantly winning a plea deal and greatly reduced sentence, as was her legal duty. (source - en.wikipedia.org/wiki/Kathy_Shelton). Lawyers have a legal and ethical duty to represent people they know are guilty. That is one reason why Hillary Clinton is considered a person or high moral and ethical character, as well as having a brilliant legal mind.

@jons.6216

Жыл бұрын

Wasserman and Stein?! They are the most cutthroat sharks in the tank!

@mtuncle

Жыл бұрын

Probably asian... And right now the news is trying to act as if asians are angels made of gold

Anything they can do to con homeowners out of these houses.

They snuck up on her. She isn't the first victim. The law needs to go after these people.

This was never going to end well. She needed 9k to pay for property tax. A tax that needs to be paid yearly. She should have sold the property and gotten something cheaper and money in the bank.

She better hope the judge isn't involved in this deal either because look down in Santa Clara county. Lot of shenanigans happen down there..

Her house is worth at least 10x the debt so it's absurd that this is happening. Definitely needs to be fixed right away. It's so God damn sad that you need the news to get attention to this, like there should already be people in the city who spot these things and stop them but instead you fill the city with a bunch of incompetent people and ruin society that way by not getting rid of them.

@jeffgorgon5455

Жыл бұрын

10 x 13k = 130k. Her condo is approaching a million give or take. Plus, you have a naive view of how things work. Not that I don't agree with the sentiment. No one advised her well and she didn't seek it out, apparently. Property taxes, banks, etc. You can't afford to be in a fog about this shit.

@benw4361

Жыл бұрын

@Jeff Gorgon I agree with this but it's also not a regular person's job to learn this. Why does being a home owner make you obligated to be informed on tax law when nobody ever taught it to you? It's malicious to say people need to be aware of laws nobody informed them about and do this sudden repossession with no easy avenue to fix the problem. This really feels like people pulling a dirty trick to say an entire home is owed because a 13k debt is overdue and people who even try this with a straight face should be disbarred from doing business and thrown in jail to teach them that this type of BS is unacceptable.

Every state needs to protect it's elders. This is messed up.

@AtillatheFun

Жыл бұрын

It does. She could have deferred her payment for up to 3 years or she could have gotten assistance from the state. She did neither. She took out a stupid loan and is now paying for it.