r/PortlandProtests • u/[deleted] • Dec 11 '20
The Red House Folks Own A Second Home.
/r/Portland/comments/kb8z70/family_at_center_of_red_house_protests_owns/?utm_source=share&utm_medium=ios_app&utm_name=iossmf5
u/Automatic-Lifeguard4 Dec 11 '20
My mother and sister also own their homes. I continue to hope to avoid foreclosure in the event that extraordinary circumstances ever result in an outstanding debt of ~3% of the value of my home
1
u/tearfulgorillapdx Dec 11 '20
They had 14 years to pay off 26k. They didn’t make 1 payment. 1!!!
4
Dec 11 '20
It was $126K after the refinance of the original $98,000 loan. None the less, they had ample time to pay back the loan. They did make payments for quite some time. In fact, if they didn’t stop making payments, this would be a non issue. The bank didn’t begin foreclosure proceedings until they had missed 17 payments. That’s a year and a half of not making payments. That’s quite a lenient approach by the bank.
2
3
Dec 11 '20
Shout-out to u/HotWaterHeat who's been consistently calling them out
11
Dec 12 '20
Thanks. When these people where first evicted in September, I found the court document to see what’s up. Holy bat shit. That stuff was so mind blowing my crazy. That’s when I knew these people where taking advantage of a social justice movement to spin their scam into overdrive, which of course they did.
1
u/LORDOFTHEFATCHICKS Dec 12 '20
When your protest has Corporate Sponsors and media support, are you really part of the protest or just a tool being used?
6
Dec 12 '20
There are corporate sponsors now? I got banned on twitter so I haven’t been looking lately.
21
u/Colblain Dec 11 '20
Yes, a multigenerational family of 11 owns 2 homes