Our blog is about keeping builders with growing inventories that are being beaten on by the banks from stepping in it.The sole purpose is to have a place to tell your story and to read those of others. We do not want to bash, but to make a place to see there are others out there. Share the stories and methods that worked and ones that brought on more headaches….the ones that did not. We have lived through some pretty tough scrapes by holding strong. Not wasting precious resources by fighting the institution or defending the act of not paying our obligations, but by showing the aggressors that this is not a market that any one builder or person caused. Showing them that we did not cause this and that we share the problem with the banks. It is up to them to notice that we are not going to just roll over because they beat on us. Stand tall, help your brothers stand tall, and for Petes sake, when they take swings at you, don’t just take it. Push Back.Post your story under one of the topics and share your story, you can remain anonymous but please, take the survey, share some of the tools that worked for you to keep alive.


Friday, October 17, 2008

Depressed

From: Elvis
Sent: Thursday, October 16, 2008 4:05 PM
To: The Mom
Wait.
We owe plenty of lumber guys.
10k down and 3k a month.
How about NO.
What is your attorney thinking?
We owe millions, have zero.
Fuck those dudes.
NO means no.
Unless you are missing something, I say either your attorney is collecting from them or is on the take.
I have a free word for you to use.
No.

From: The Mom
Sent: Thursday, October 16, 2008 3:22 PM
To: ElvisSubject: Depressed
K so.
I’m really depressed today. I feel like there is a ton of bricks sitting on my chest.
So I go to arbitration to settle a stupid lumber bill dispute. A $20K bill has now turned into $40. After arbitration, I lose, but get Ray’s name removed from the case. They also had to remove their lis pendens. Big deal.
So rather than wrack up more attorneys fees, and now that I still have inventory, and probably won’t be filing chapter 13 in January as planned, my attorney wants to settle.
So, they want 10K down and monthly payments of 3K and a trust deed against my house, signed by me and Ray……..
My money maker is still broken.
Isn’t it true that if 90 days go by and the debt is not repaid they can foreclose? My attorney says that takes many more months to make happen. I don’t know who or what to believe…………………..
Was happy til today.
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Portland, Oregon, United States
We have built homes and developed land. Now we fight to survive. Please take the time to vote on the poll. Please visit the builders forum. Please email me a story. Have a great day.
"Lets face it, times were good, and we all made hay. Now we are creating our own versions of our 80's stories, you know the ones the silver haired guys told us about 5yrs ago"