Foreclosure Is Not A Joke...

Recently, the blogosphere has been buzzing regarding NeNe Leakes so-called "eviction" from the home that was featured in Real Housewives of Atlanta. A local news station even dug deeper into NeNe's residential status and blew the whistle off of her "eviction" and current finances. Now I do not think that fronting on a major television show on cable TV is a way to make it to the top, but it is working for NeNe. Even though she doesn't have a pot to piss in so to speak (heard she is now renting another home but I've always wanted to type pot to piss in), she was able to be a part the highest rated shows in Bravo TV history and that says alot. They fronted, and we watched. (suckers)

But alas, the last few days, reports have surfaced that Fantasia Barrino and Tionne 'T Boz' Watkins are both losing their homes due to foreclosure. Wyclef is in foreclosure for a home that hasn't even been built, and producer Scott Storch has experienced residential woes as well with his Miami mansion. This recession is real folks, and it is not a joke. Just because they are "stars" and they have more money than most of us doesn't mean that they aren't human and aren't subject to financial gaffes predicated by poor money management and lack of knowledge regarding the balancing of incoming and outgoing funds. It's not a joke for anyone to lose their home, star or not, so I don't know why some bloggers find this funny. And of course Fantasia and the like can probably go out and rent another home without any problems, but it still doesn't mean they won't take a hit on their credit in the years to come. I think all of this foreclosure mess is sad and is far from comedy.

But that is just my opinion.

I have a family member that almost lost their home to foreclosure and it had nothing to do with them not paying the mortgage, but with the subprime loan that was purchased without their knowledge and required a balloon payment every several months. Instead of laughing about such matters, let's learn the mortgage products that are out there so we won't get screwed again. Let's teach our children the value of a dollar and how to take care of business and save so they too can have their own home one day. Let's learn to live within our means and not get a big a$$ house that we really don't need or cannot afford. Let's recycle the Black dollar and buy from our own so that we can keep the money circulating in our own communities and build up our businesses. Those are the types of things we should be doing instead of tearing one another down and making fun of someone else's downfall.

Food for thought.