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I just read that in Cleveland Ohio Habitat for Humanity has foreclosed on 8 home owners and will foreclose on another 25 if they don't begin making mortgage payments. In some cases the owners have stopped making mortgage payments for 3 years. HFH has kept making insurance and tax payments for the owners to help them avoid foreclosure but many have just taken advantage of the organization and done nothing to try to avoid the foreclosures. The foreclosure rate among HFH owners is actually much higher than the national average. Many also do damage to the properties.
HFH is willing to meet with homeowners and to try to help them set up payment schedules but some just don't seem interested. So what are your opinions on this? considering that the owners get their homes at cost with financing they wouldn't normally be able to get it seems foolish they'd just give that up.
Habitat should have let them foreclose and taken over ownership and then charge them rent.
What a shame for this program. Three years is way to long to let mortgage payments lapse.
So they build a home and give it to folks who can't afford the mortgage then are surprised when they can't pay it? Where have we seen this happen before?
So they build a home and give it to folks who can't afford the mortgage then are surprised when they can't pay it? Where have we seen this happen before?
But that's not how it works. They build at cost, and go over the person's finances including income and credit (which has to be decent) Then the family has to put in so many sweat equity hours on the house that is being built or refurbished.
Perhaps they should go through a stringent screening process for character as well.
Remember, Jimmy Carter, was a big early supporter of HFH. It may even have been founded in his hometown, near there for sure.
Just saying, that while the ideal behind HFH is good, it may be naive, not to mention that it is an incomplete ideal. Folks who can't, don't, or won't have to be raised up in so many ways. And, not by government.
Simple fact. If you don't earn it, you won't appreciate it. Stuff you get for free is always taken for granted until it one day occurs to you that you are entitled to it.
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