PWeekly has a feature about Pasadena Housing Services, a nonprofit that helps seniors in danger of foreclosure. Claudia Turrentine of Altadena is featured, a victim of unscrupulous lending practices that have left her in danger of losing her home.
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Ewvdt said…
If she refinanced her home 1 time to pay her medical bills I can sympathize with her.
She most likely pulled out far more money than needed.
Her yearly prop. taxes are only about $750 under prop 13 based on her purchase price of $22,000 in 1971.
People need to realize when they treat their home as a cash cow they need to educate themselves first whether they can afford the payments.
Friday, May 01, 2009 at 06:55 AM