After moratorium, foreclosed houses back on the auction block
After three months of postponement, a judge ruled that sales of foreclosed homes in the city may continue.
But advocates aren’t going down without a fight.
Some protested outside the sale–William Smith was among them.
His home is headed to auction.
“It’s been a tough couple of years,” he said. “Since 2008, my wife left me, my brother died, I just lost the best job I had in my life and I’m uncertain about what I’m going to do now.”
Lenders have compromised, allowing homeowners like Smith 90 days to get up-to-date on their mortgage payments before a sale is final.
Smith and his fellow protesters say it isn’t enough.
“I worked hard for my house. I don’t want to lose it,” said Smith. “I’ll fight until the Sheriff comes and removes me from my property. I hope that never happens, and I’m going to try my best every single day to see to it that it doesn’t happen.”
Despite the protest, auctioning appeared to be proceeding as planned inside the Sheriff’s office building.
WHYY is your source for fact-based, in-depth journalism and information. As a nonprofit organization, we rely on financial support from readers like you. Please give today.