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Debra Jane Tomajic Cae's Blog

By Debra Jane Tomajic | Both Buyer and Seller in 95838

Divorcing Consequences

Seeing the blog posts on the consequences of divorce to the one who is no longer in the home was a big shock. My attorney didn't tell me this, not did my realtor. When one spouse is essentially forced to leave to stay alive, that spouse is further abused by this process it would seem. We purchased our home in 1991, 4BR, 3 bth, two story home in Glenwood/Sacramento. House was valued at over $300K in 2006, now down of course. This topic needs to be explored, and expanded. There are many divorces these days. Would like to hear what others have to say. My name is still on the loan, so why wouldn't I get the same assistance as the co-owner/borrower. The remaining spouse has stopped making pmts, which is ruining my credit too. Recently disabled, after 20 years as a nonprofit executive. Hope to get back to work in 5 yrs.

Also, am very saddened about the media's portrayal of the buyers of these bad home loans. Not all of the people who got into these loans did so with stupidity. We were in a bind, with several family deaths and job changes and were about to lose our home of 15 yrs. We were taken big time by one lender that added $30K to the loan, then on signing day applied that amt to principal. So, we ended up with a $188K loan interest wise, with a balance of $150K. We were the ones being taken, not the finance industry. We simply wanted to keep the family home. Were told this was perfectly legal and there was nothing we could do about it. We have since refinanced but the payments were so high on the other refi because of this $30K. Anyone else experience such a thing here in Sac?  from Just Curious


By Patty Da Silva,  Tue Dec 2 2008, 06:39
Hello Debra,
I am so sorry to read what is happening with you.
The vast majority of clients who come to me for my assistance are not investors who were careless. They people who purchased homes in good faith and cannot afford the home any longer for a reason of no fault of their own.
Best wishes to you. Thank you for sharing your story.

Help lots of people and have a great day!!!

Patty Da Silva, CDPE©
Real Estate Short Sale Specialist®
At Home with Diversity®

Licensed REALTOR® & Mortgage Broker - Senior Financial Advisor


By NonRealtor,  Tue Dec 2 2008, 08:18
Let me see if I'm interpreting this correctly--You want to blame the lender for refinancing your mortgage and giving you 30K --because you were in a bind? You could have just said no, right? Good Luck, hope things work out for the better.

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