Mother, 53, Kills Self Before Foreclosure

[real6]

This is real sad. The States is so fucked up. I NEED OUT!!!!!!!!!!!!!!!!!!!!

http://www.walletpop.com/mortgages/a...23171309990001


AP
Posted: 2008-07-24 10:52:33
Filed Under: Mortgages
TAUNTON, Mass. (July 23) - A 53-year-old wife and mother fatally shot herself soon after faxing a letter to her mortgage company saying that by the time they foreclosed on her house that day, she would be dead.

Carlene Balderrama's house
Steven Senne, AP

Local police said interested buyers arrived for the 5 p.m. foreclosure auction while Carlene Balderrama's body was still inside.


Police in Taunton said Carlene Balderrama used her husband's high-powered rifle to kill herself Tuesday afternoon, after faxing the letter at 2:30 p.m.

The mortgage company called police, who found Balderrama's body at 3:30 p.m. in her brown-shingled raised ranch house. The auction was scheduled to start at 5 p.m. and interested buyers arrived at the property in Taunton, about 35 miles south of Boston, while Balderrama's body was still inside, according to police chief Raymond O'Berg.

Police did not immediately release the name of the mortgage company. O'Berg said Balderrama's fax read, in part, "By the time you foreclose on my house I'll be dead."

O'Berg also said a suicide note found next to Balderrama told her husband, John, and 24-year-old son to "take the (life) insurance money and pay for the house."


Joe Whitney, who works with Balderrama's husband, a plumber, said Balderrama handled the bills and her husband didn't know about the foreclosure.

"John didn't even know about it, that's the surprise," Whitney said told The Boston Globe. "It's just one of those awful, awful tragic events."

Neighbors on this forested side street said the family had lived in the two-story, brown-shingled, raised ranch for about four years.

Noreen Mendes, who lived about four houses down the street from Balderrama, said she often stopped and chatted with her. Mendes said Balderrama never mentioned any financial problems, but often spoke about repairs the family was making to their house. Two weeks ago, a contractor came to the house to give Balderrma an estimate on a roof replacement, Mendes said.

"She was just so sweet, so nice. I never realized she had any problems, so it is just shocking," Mendes said.

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Real Estate Troubles

New York state Attorney General Andrew Cuomo, second left,addresses a New York news conference Thursday June 5, 2008. Cuomo on Thursday announced an agreement with Wall Street's three major credit rating agencies to overhaul how they evaluate investments backed by risky mortgage debt. Other participants include: Fitch Ratings President & CEO Stephen Joynt, left; N.Y. state Investor Protection Bureau Chief David Markowitz, third left, Moody's Investors Service COO Michel Madelain; and Deven Sharma, right, president of Standard & Poor's.(AP Photo/Richard Drew)

AP

New York state Attorney General Andrew Cuomo, left, addresses a New York news conference Thursday June 5, 2008. Cuomo announced an agreement with Wall Street's three major credit rating agencies to overhaul how they evaluate investments backed by risky mortgage debt. Other participants include: Fitch Ratings President & CEO Stephen Joynt, second left; N.Y. state Investor Protection Bureau Chief David Markowitz, and Deven Sharma, right, president of Standard & Poor's.(AP Photo/Richard Drew)

AP

New York Attorney General Andrew Cuomo (R), points towards Deven Sharma, president of Standard & Poor's, as he announces an agreement made with three rating agencies -- Moody's Investors Service, Standard & Poor's and Fitch Ratings -- to change their practices regarding residential mortgage-backed securities, in New York June 5, 2008. REUTERS/Chip East (UNITED STATES)

Reuters

New York Attorney General Andrew Cuomo announces an agreement made with three rating agencies -- Moody's Investors Service, Standard & Poor's and Fitch Ratings -- to change their practices regarding residential mortgage-backed securities, in New York June 5, 2008. REUTERS/Chip East (UNITED STATES)

Reuters

New York Attorney General Andrew Cuomo (C), Chief of the Investor Protection Bureau David Markowitz (L) and President of Standard & Poor's Deven Sharma (R) announce an agreement made with three rating agencies -- Moody's Investors Service, Standard & Poor's and Fitch Ratings -- to change their practices regarding residential mortgage-backed securities, in New York June 5, 2008. REUTERS/Chip East (UNITED STATES)

Reuters

President of Standard & Poor's Deven Sharma (R), President and Chief Executive of Fitch Ratings Stephen Joynt (L), New York Attorney General Andrew Cuomo (2nd L), Chief of the Investor Protection Bureau David Markowitz (C) and Chief Operating Officer of Moody's Investors Service Michel Madelain (2nd R) announce an agreement made with the three rating agencies to change their practices regarding residential mortgage backed securities, in New York June 5, 2008. REUTERS/Chip East (UNITED STATES)

Reuters

New York Attorney General Andrew Cuomo (C) stands with President and Chief Executive of Fitch Ratings Stephen Joynt (L), Chief of the Investor Protection Bureau David Markowitz (2nd L), Chief Operating Officer of Moody's Investors Service Michel Madelain (2nd R) and President of Standard & Poor's Deven Sharma (R) as he announces an agreement made with the three rating agencies to change their practices regarding residential mortgage backed securities, in New York June 5, 2008. REUTERS/Chip East (UNITED STATES)

Reuters

New York state Attorney General Andrew Cuomo, second left, escorts Fitch Ratings President & CEO Stephen Joynt, left, and others after a New York news conference Thursday June 5, 2008. Cuomo on Thursday announced an agreement with Wall Street's three major credit rating agencies to overhaul how they evaluate investments backed by risky mortgage debt. Other participants include: N.Y. state Investor Protection Bureau Chief David Markowitz, third left; Moody's Investors Service COO Michel Madelain; and Deven Sharma, right, president of Standard & Poor's.(AP Photo/Richard Drew

AP

New York state Attorney General Andrew Cuomo, second left, escorts Fitch Ratings President & CEO Stephen Joynt, left, and others after a New York news conference Thursday June 5, 2008. Cuomo on Thursday announced an agreement with Wall Street's three major credit rating agencies to overhaul how they evaluate investments backed by risky mortgage debt. Other participants include: Moody's Investors Service COO Michel Madelain, third left; N.Y. state Investor Protection Bureau Chief David Markowitz, and Deven Sharma, right, president of Standard & Poor's.(AP Photo/Richard Drew)

AP

Employees leave the Bear Stearns company headquarters in New York in this file photo taken on May 29, 2008. While most of the United States suffered a housing slump over the past two years, home prices in New York's Manhattan have been largely unscathed, propped up by demand from Wall Street bankers and the island's limited housing supply. That could change as the housing crisis comes back to bite the banks that securitized sketchy mortgages, which has ultimately led to layoffs and is expected to shrink bonuses on Wall Street. Picture taken May 29, 2008. To match feature USA-HOUSING/WALLSTREET REUTERS/Brendan McDermid/Files (UNITED STATES)

Reuters

[emanuel]

This s**t should never ever be allowed to happen. Makes me sad and angry

[halebox]

Id rather be homeless with bad credit than dead. Its just a house.

[Anders Lindman]

Originally Posted by real6

TAUNTON, Mass. (July 23) - A 53-year-old wife and mother fatally shot herself soon after faxing a letter to her mortgage company saying that by the time they foreclosed on her house that day, she would be dead.

She believed her house was more precious than her own life! Sick.

[hewrote]

So very sad. The gods of finance nurtured an inescapable dread and guilt within this woman.

[real6]

Well you know what i like to say.

THATS THE AMERICAN WAY!!!! AHH CHA CHA CHA...

[Anders Lindman]

To be fair, maybe she had an extreme depression and that was the real root cause for the suicide. One problem is that we have been trained to think of money as more important than it has to be. Sure, money IS extremely important, but we need to learn to trust life more than mere money.

[Anders Lindman]

Originally Posted by w1nstonsm1th84

It's hard to live without it in this system though, and without it, society casts you aside without a care.

Yes, absolutely. There is GREAT fear of having no money. Money has a firm grip on everybody. And it's even understandable that people rather kill themselves than having no money. So money is very important. Still, we need, I think, learn to rise ABOVE money so that we see life as larger than money.

Rising above the fear of having no money would be an enormous relief.

OR, maybe a better choice, to refuse to be dominated by money and DEMAND money to come to oneself in abundance, or else!

[americana]

We don't know the whole story. Surely the husband would know the cost of the house. Surely he would know if HIS salary alone would pay it. It came as a shock to him that his home is being foreclosed? Perhaps there's more to this than meets the eye.

But what's pretty disgusting is at the end of the article there's a list of available foreclosed homes!

[delamo1999]

This to me seems a waste for someone to commit suicide over a mortgage. Our planet is in the process of evolving into the 4th dimension. Also at this time, as many of us can see, much of the illuminati sneaky control tacktics are coming to the surface for all to see.

[pri01]

I havn't read all of the posts but I couldn't help thinking that a final nail in the coffin will be dealt by the insurance company. Will they pay up to her son as a result of her suicide?

[ninorc]

How to fight foreclosure on your home:

Using the "produce the note" strategy is something all homeowners facing foreclosure can do. If you believe you've been treated unfairly, fight back. We have created templates for a legal request, a letter to your lender and a motion to compel to help you through the process.
http://www.consumerwarningnetwork.co...he-note-how-to

[danster82]

Profit over Life

this is the NWO after all.