Krista Miranda

By Krista Miranda

LifeBuzz Staff

Single Mom Lives Nine Years In Forgotten House For Free.

An Unknown Future

An Unknown Future

Pexels

The family finally had a place to call home, but unfortunately, it wasn't going to be permanent. Would Lisa be able to find a home before they're kicked out, or would they end up on the street?

A New Job

A New Job

CBS This Morning / YouTube

After the children were put to bed, Lisa laid in her own bed, thinking about her new start. She finally had a good job as an agent with the company, Showhomes Property Management, which is how she got her new home in the first place. The company had owned a couple properties and they had let her stay in one until she could get her own. They never discussed the rent or a timeline.

A Plan

A Plan

CBS This Morning / YouTube

The uncertain terms of the "agreement" made Lisa extremely uneasy, causing her to experience sleepless nights full of anxiety. When you have three mouths to feed, money typically didn't stay around for too long. Lisa decided to start saving money for the day when she needed to move, whenever that was.

A Mortgage Crisis

A Mortgage Crisis

CBS This Morning / YouTube

It was a year later and Lisa was still being quiet about the rent, hoping it would remain undiscussed when something horrible happened. An unexpected mortgage disaster hit Indiana in 2006. The entire country referred to it as the "subprime mortgage crisis", which eventually turned into the Great Recession of the late 2000s. Lisa realized her job was at risk.

Falling Under

Falling Under

CBS This Morning / YouTube

A higher demand for mortgages and mortgage-backed securities were mainly to blame for the mortgage crisis. Showhomes Property Management started laying off a large portion of their employees, including Lisa. Oddly enough, the company fell under after the CEO was arrested for mortgage fraud. Lisa immediately began to worry about becoming homeless again.

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