In 1989 my husband and I bought 5 acres of land. Nothing on it, but 250 cherry trees. We cleared the land, put in the well, by hand, I'm not talking machinery, but with a widow maker and lots of help from family and friends.
In 1991 my husband got seriously injured at work, we waited for 3 years for his settlement. We paid off the land and put a 14 X 65 mobil home there.
In the mean time, we were living off my $100.00 per week salary that I made at a grocery store. It was a miserable way to live. Sometimes no heat, other times no medicine. But we survived.
In 2001 we purchased a home in town, but had to have it moved to our land. We borrowed money for this, now we had a house. We then had it sided and new windows installed, and the bathroom installed with a handicap shower so my husband could bathe more easily. Ameriquest came to us, offered to loan us money to improve our home. Foolishly, we accepted. They knew that we are both disabled.
They set us up a loan for $485.00 per month. To increase one time to a full 1 per cent interest. We agreed and signed the papers. Our payment
increased after 2 years to $560.00 and then they started raising our payment every three months. Our last payment was without insurance and it was $709.00. Again we were in the situation eat, medicine or heat. We couldn't do it any longer. They forclosed on us. After almost 20 years we are again without a home. Our balance was only $61,000.00 it appraised at over
$130,000.00, we had it up for sale for over a year. I really hate our situation, and AMC mortgage
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