Posts Tagged ‘deed in lieu of foreclosure’

Your Questions About Finding A Summer Job 2009

Carol asks…

Internships for summer 2009?

Ok, so I’m in middle school. I’ll have graduated 8th grade and will be 14 by summer vacation. Is there any internships I could get in the Irvine, CA area? I know there are laws for working middle schoolers (we can’t), but does the laws apply to none paid internships? Or, could I get a paid internship? Is there a website that lists internships for middle schoolers or 14 year olds in Irvine? sorry so many q’s. Thanks!

We just had career day at my school and the people my class visited were offering internships or volunteering oppurtunities, but I’m not interested in those jobs. Anywhere I can look up internships or volunteer work in Irvine, CA? like a website maybe? I couldn’t find one. THANKS SO MUCH!

Mikey answers:

Internships won’t be allowed to pay you either. But you could volunteer at the hospital or library or something similar. If you really want to get some experience, that’s the best way to do it. If you don’t feel like volunteering, you’re unlikely to find anything else. Even many college internships don’t pay you.

Donald asks…

Im 19 years old(turning 20 this year) and i barely have any work experience how can i get a job?

I’ve pretty much been carried almost all of my life. Simply going to school doing decently and such and my parents paid for everything. The only time i’ve ever work was back in the summer of 2009, NY was holding their yearly summer youth program and i got assigned to some summer camp where i could only worked for about 3 months.

Recently my father had to resign from being a safety officer for over 20 years at a psychiatric center. He was making good money, about 30 an hr and making around 85k yearly. Apparently he had a case in 1994 where he was convicted as a felony and if you know you cant be a police or security office as a felon. He did 4 years probation and obviously the job didn’t know about it. The case was involving heroin deals, and at the time he needed money to take care of the family because my mom wasnt working at the time and i was only 2 years old with another baby on the way(so please dont judge him harshly, it was the only mistake he did) Eventually the job found out and told him that he was going to be suspended for 2 days and most likely fired, So before he was going to get fired he resign so that he wouldn’t lose his pensions and stuff. Now hes getting a job as a plumber next week and i want to find some sort of work to help the family. Honestly i feel like a spoiled fool, im almost 20 with barely any work experience. All i have is that summertime work i did and some volunteering hours.

What can i do :(

Mikey answers:

Lower your standards and you don’t need any experience. I recommend you just try getting a job in a restaurant. Work your way up, you could still do it while studying if you want.

Mandy asks…

I feel useless because I cant find a job?

Im 23, I live at home with my parents. I graduated college in the summer of 2009 and have been looking for a job ever since. Ive filled out at least 500 hundred applications and no luck. I try to keep busy during the day going to the gym, bookstore or out with friends. Im so lucky in the fact my parents have money otherwise I would be on the street. Lately I feel myself slipping into a depression. I have no energy, my motivation has been slowly diminished, Im not sleeping well and I lost 20 pounds. Do you think I should seek help from a doctor, or give it a few more months to see if it will turn around. Please help.

Mikey answers:

Honestly, it’s that instinctive patriarchal mentality that’s putting you down. Every man wants to be able to hold down a job and make a family and take care of the family. You’re still 23, i really think you have some years before this should be a concern to you. You already graduated college, so take it easy and i’m sure a Job will come around (but keep in mind, there’s a terrible recession).

If the depression gets really bad – at least you were motivated to seek help on YA – then yes, it would be wise to consult a physician.

Give it time, it’ll all slip into place.

Richard asks…

I want to move out of south FL up the east coast, south of VA How do I get started looking?

I want to stay on the coast. I have a profession that is easy to find a new job. I just don’t want to live here anymore. How and when do I start looking to find a nice place with a lower cost of living for me and my family? I don’t plan on leaving until the summer of 2009.

Mikey answers:

Get a map of the east coast and list the small towns along the coast where you’d like to live. Most of the towns will have websites. Pick a town, then look up its website for pictures, culture, activities, and such. That should help a little. Cheers! And Good luck with our futre move.

James asks…

Should I try to stay in my house or deed in lieu of foreclosure?

I’m 30 years old, have 6 years of teaching experience and a master’s degree in my field.
My pay –due to a pay cut and loss of benefits two years ago is $28,000 a year. My monthly pay was and continues to be $840 twice a month. My monthly mortgage is $998. This leaves me in the red -$442 a month. My parents give me $300 a month, so I am only -$142 in the red.
I enrolled in graduate school in the Summer of 2009. I took out huge federal student loans both to pay for it and to keep me afloat in my home. I have a master’s degree in education. Today, however, I no longer have any student loans with which to buoy myself up with financially.
I am two months late on my mortgage payments and am currently 23 days away from foreclosure on my home. I closed my credit card accounts months ago. My HOA does not allow me to rent my home. And, I am not in a situation wherein I can have a roommate.
During this, my parents have been very supportive. I haven’t wanted to rely on my parents financially for a very long time and at this point I find it beyond humbling and humiliating and just plain-out shameful.
I was offered a teaching position that would pay me $14,000 more a year. The position required I receive a signed document wherein my current employer agrees to allow me to break my current contract. My current employer refused –as is his/her legal right- to let me leave my current position. Basically, this means that I can’t begin a better paying teaching position until August of 2011, and will not be paid for it until September 2011.
Fortunately, this week I did secure a summer job.
I am ready to let the house go. I hate it, and have always hated what it represents: Financial Prison. I have a house but I can’t go anywhere, do anything or spend any money because of it. I am stuck in it all the time. I’ve talked to the bank and I am out of options; I need to pay up or lose the house.
I ran numbers. If I become a public school teacher my salary in the state would range from $43,000 to $48,000. Even though this is a huge raise for me, it would still not really enable me to save much money, and that is what I want to do. Additionally, there aren’t many jobs available this year as more teacher cuts are expected none of the jobs being listed are driving distance to my home. I need to be able to move for work.
I called up the friend of the family who sold me the house to discuss my options. She recommended that I focus on finding a new job, and do what I can to make the smallest payments possible on my home. The reasoning is that I will preserve a place to live and if I find work far away can lose the house without throwing away more mortgage payments than necessary. And, if I do find work close by, I have still preserved my home. This is, based on all of my exhaustive research on the topic, good advice.

The only issue is that I am at the foreclosure point. My parents have an apartment above their garage and I asked about moving in for 6 mos. I figure I could do a deed in lieu of foreclosure, pay my parents enough to cover utilities, and then save what I would be paying towards a mortgage. It would hit my credit hard, but not as hard as foreclosure.
Since I have been so reliant financially upon my parents they have a great deal of thoughts this matter and they want me to keep the house at all costs. They feel it may not be time to let the house go and don’t want me to take on the stigma of foreclosure. They want me to bring over all of my bill, bank, and mortgage statements for them to review and then –most likely- give me money to help me survive.
I don’t want to take more of their money. I feel I am in a sinking ship financially and don’t want them to throw away any more money on it. I also feel very educated about my options and my situation and don’t wish to be further humiliated by showing all of my financials to my parents (and I think it very unnecessary as I don’t want their money) But, I know they feel very strongly this is inaccurate. I don’t feel that moving into their garage apartment is an option. And, I’m concerned renting elsewhere will just cost more money.
This weekend I am selling off most of my personal belongings I am keeping my couch, my tv, my tv stand, microwave, bed, dresser, my desk, and my tech equipment (usb drives, laptop, computer). I’m hoping this will give me an emergency fund for whatever my next move might be.
To be honest, I don’t have money to pay the $998 in the next 23 days to keep me out of foreclosure, and I feel like it is throwing away money.
I am so stressed out. I have no idea what move to make, and I want to make an educated move.

Mikey answers:

You will not be able to avoid foreclosure, that is obvious.

See if they will do a deed in lieu, if they do you will be able to keep the money they gave you.

They may refuse, especially if you had a co-signer, but it is worth a shot.

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Be the first to comment - What do you think?  Posted by Mikey - January 13, 2012 at 10:11 am

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