And so the journey to a new shop begins........#1

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Blog entry by lilredweldingrod posted 08-22-2010 08:32 PM 1472 reads 0 times favorited 17 comments Add to Favorites Watch

Well it actually started last Tuesday, August 17. I was stunned to find that my daughter had taken out a second mortgage on my home.
When I bought this home 8 1/2 years ago, I had an IRS problem that I had to clear up before I could have a mortgage in my name, so I asked my daughter, a Mortgage broker, to put the loan in her name and then we could put the loan in my name when I completed the little problem with the IRS.
I have been trying to figure why she has steadfastly refused to comply with the deal we had. When I checked with the county recorder to see if there is a second on my home, there was a loan two years into the purchase that was the new loan she did after first getting a ARM to put us in the house. Then there was a second loan for the full amount we paid for the house. This threw me off and left me and a couple of other agents in doubt as to the real picture.
Tuesday I got a letter from Wells Fargo stating their loan was 4 months in default. Since I could not reach her, I called my son in law (they are in divorce court) and together we got WF to talk to us about the loan. Sure enough it was all true. Here I thought my 15 year mortgage was going to be paid off in 9 years and be ours. Now I have a second loan for the same price I agreed to pay when I bought the place hanging over my head for the next 40 years.
Now that I have had a bit of time to think about it, Maybe I didn’t fall into a bucket of sh*t. Maybe it was rose water.
Our area qualifies for a “Farm Loan” through the USDA. Very low interest and long pay back deals=a lower house payment and a house with a shop of substantial size. For the same money we are paying now for a 3bdrm 2bath, we can get into a 4-5 bdrm 3bath on twice the acreage. As long as I make the first loan payment there will not be a foreclosure on this house. When escrow closes on the new place, I stop payments on this place and let the devil take the hind most. Some people call it tit for tat. What ever it is, it works for me.
If we move into San Bernadino county, The wife gets an automatic 2 dollar an hour raise for taking care of our brain injured son. This may be a win/win for us.
Stay tuned, same Bat channel, Same bat time….....A little advice…Never let the bastards see you sweat! No matter how much it hurts.

I know this blog ain’t about wood….....YET. We’re getting to that later…..

17 comments so far

View schloemoe's profile


700 posts in 2360 days

#1 posted 08-22-2010 09:32 PM

So you need to find out if you’re Daughter hung you out to dry on any ither things that you don’t know about. It never hurts to do a little extra leg work just to cover you’r A__ if you know what I mean . Hate to see this happen to anyone who’s trying to make it work Our culture has become one of let’s screw each other as hard as we can before they do it to us Makes me sad…..........................Schloemoe

-- schloemoe, Oregon , http://www.

View rivergirl's profile


3201 posts in 2260 days

#2 posted 08-22-2010 09:35 PM

Geeze- that realllyyyy sucks… I think I would be on nonfriendly terms with either of my 3 daughters for like the rest of my life. I am sorry for your experience.

-- Homer : "Oh, and how is education supposed to make me feel smarter? Besides, every time I learn something new, it pushes some old stuff out of my brain."

View Div's profile


1653 posts in 2362 days

#3 posted 08-22-2010 09:53 PM

Whoaa! I don’t know what to say but best of luck to you!

-- Div @ the bottom end of Africa. "A woodworker's sharpest tool should be his mind."

View Dennisgrosen's profile


10850 posts in 2537 days

#4 posted 08-22-2010 10:17 PM

I´m speechless, not that I havn´t heart theese things before
but it never stop amazing me when relatives screw each other like that

best of luck to you and your wife from here

View degoose's profile


7193 posts in 2777 days

#5 posted 08-22-2010 11:09 PM

Turn them lemons into lemonade… good luck with it all… we are all rooting for you…

-- Drink twice... and don't bother to cut... @ For lovers of all things timber...

View tyskkvinna's profile


1310 posts in 2408 days

#6 posted 08-22-2010 11:15 PM

Sounds like rose water in the end to me. Glad you’ve found some options.

-- Lis - Michigan - -

View lilredweldingrod's profile


2495 posts in 2529 days

#7 posted 08-22-2010 11:36 PM

And I didn’t even get a kiss…........Maybe it is just better to leave it as is. lol As they say, “It’s an ill wind that blows no good.” I’m just going to turn this into a very positive thing for the wife and me.
The last time our landlord gave us three weeks to find a new home. We wound up living in a leaky old trailer in the Long Beach Harbor for a year saving our money, while we found this place and got through escrow. This time the roof doesn’t leak ($3000.00 out of my pocket) and the septic system is new ($5000.00 out of my pocket) and no down payment ($18000.00 Out of my pocket). This is turning in to a money savings already. lol And If we go to San Bernadino county, my wife gets an automatic raise of $570.00 per month for taking care of our brain injured son. That sounds like a new car for momma. Getting better all the time! And I have anew Grizzly table saw coming in September. (Tears of joy)
As soon as I land, I’ll post photos of the new place. Maybe this will be my “blog cabin”. I’ll get ideas from all my LJ buddies on the new shop. Yeah that’s the ticket. I like this. Amazing how good life can get after a crash.
This is the fourth time I’ve had to start over, so I’ve got experience with this kind of thing. lol

Advice to my LJ Buddies…..I’ll be 67 next month, but NEVER GIVE UP ON YOURSELF! This next year my goals are:
Get a new right knee, Get the two separated shoulders repaired, find a new home and shop, then go to work on the messed up back and get rid of this wheelchair.
When I get this done, I just might put in a sound system playing Franky boy’s “I did it my way” 24/7. Pray I don’t have you as neighbors. LMAO
Love to all, Rand

View RonPeters's profile


713 posts in 2302 days

#8 posted 08-23-2010 01:53 AM

Looks as if your selfish daughter got her ‘inheritance’ early. If it were me, I’d cut the tie that binds concerning her. When she paid me back in full, I’d ‘consider the idea’ of reversing the disowning. No guarantees though…

Sure, it’s hard to do that to ‘family’, but real family wouldn’t do that to elderly parents, never mind with a special needs child in tow. I guess I’m ‘old school’ German? So be it. My dad used to say: “Now that I’ve been screwed, where do I go to get kissed?” It took me years to ‘understand’ what he was getting at.

By all means, take that road you are planning. Other than a lemonade stand, it’s the only sane way out of a crazy situation.

Best to you and yours….

-- “Once more unto the breach, dear friends...” Henry V - Act III, Scene I

View Dennisgrosen's profile


10850 posts in 2537 days

#9 posted 08-23-2010 01:43 PM

waaoow what a schedule you have with the knife …
hope you get thrugh it easey and have a fast recovery
I know how it feels to get ritt of the wheels :-)
as long as you have your humor then it isn´t so bad lol

take care

View helluvawreck's profile


22687 posts in 2288 days

#10 posted 08-23-2010 02:14 PM

I’m sorry about all of your problems and I certainly hope that it all turns out. It saddens me of hearing of a daughter treating her parents this way. However, I can’t advise you to write her off, not that you have said you would. I have had some people do me pretty dirty over the years and I can honestly say that I hold no grudges and, in my heart, have forgiven everyone. I really believe that it makes for a longer life. I hope that your health problems work out ok and that the rest of your years are smooth sailing. And always I hope:

“May the road rise up to meet you.
May the wind always be at your back.
May the sun shine warm upon your face,
and rains fall soft upon your fields.”

from an old Irish prayer.

-- If a man does not keep pace with his companions, perhaps it is because he hears a different drummer. Let him step to the music which he hears, however measured or far away. Henry David Thoreau

View Dennisgrosen's profile


10850 posts in 2537 days

#11 posted 08-23-2010 07:41 PM

just a side kick,

knucklenut….....what wrong with us from the sixties….LOL

I think there has come one good thing out of the socalled finance crice
it has been a wake up call for the younger generations…you cant just have fun,
you most work before you can


View Lee A. Jesberger's profile

Lee A. Jesberger

6819 posts in 3401 days

#12 posted 08-24-2010 01:17 AM

Hi Rand;

Wow, you certainly are planning on Lemonade, from the lemons you were handed. I think it would have taken me a while longer to see the silver lining!

I hope it all works out well.


-- by Lee A. Jesberger

View lilredweldingrod's profile


2495 posts in 2529 days

#13 posted 08-24-2010 03:42 AM

Hey Lee, I got a brand new lemon squeezer. The way I see it, I can sit here and cry about it and waste a lot of time and energy, or I can move on to bigger and better things. I choose the latter. Always have and always will.
The biggest problem is finding suckers to lump my crap to a new location. lol Any takers? lol Rand

View Jim Reeves's profile

Jim Reeves

206 posts in 2445 days

#14 posted 08-24-2010 04:27 AM

Hi Rand, glad things sound better since we last talked on the phone buddy.
I hope all works out for you and your wife and your son.
My cousin did a simular thing to my uncle his Dad.
My uncle had a strioke the week my mother died in 1978, when my aunt died, my cousin moved in with his dad my uncle was in a wheel chair from the 1978 stroke.

His son convinced his Dad to sell his home he had owned for a good 40 years, promised his Dad with the basement walk out sliding doors he would make an apt for him etc.
Then not even 2 weeks after moving into the new home he bought a new 40 ft RV, paying it off with his fathers savings account.
Then his dad gave him $ 150,000 from selling his home to help pay off the new house, 2 weeks after moving into the new house he put his dad my uncle in a retirement home.

I had to stop visiting him in the home because never seen him smile or laugh as he used to was very sad.
With your daughter may work out next house you may be happier.
Rand my friend, l really don’t know what to say but with your daughter you will need to do what you think is best for you and your wife.
It is a very sad sitsuation no matter what the future holds, l not sure how l would react to same sitsuation.
But buddy, hope all works out for you l will continue my daily special prayer for you asking the lord to bless you started this special prayer after talking to you last on the phone and l will continue.
bye for now buddy

Your Canadian woodworking buddy

-- jim

View DrSawdust's profile


322 posts in 3520 days

#15 posted 08-24-2010 05:20 AM

I love the way you have tied a knot in the end of the rope and you are looking up. Hang in there, we’re praying for you.

-- Making sawdust is what I do best

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