Connecticut
Foreclosure Redux
Submitted by Aldon Hynes on Thu, 04/10/2008 - 14:01Several months ago, I spoke informally with a friend of mine that is a lawyer about our financial situation. At this point, we had already moved out of the house being sold in foreclosure and had started putting our lives together for whatever the next phase would be.
The information she provided was extremely valuable, particularly as it applied to the legal aspects. However, she also spoke about the emotional aspects. Seeing a house you have lived in for years, that you’ve raised your family in, sold on the auction block can be emotionally draining. She warned about it being an emotional roller coaster. Unexpected turns will leave you reeling. Today, I received an email that is the latest of the unexpected turns.
I have three competing interests in the foreclosure drama. I want to see the house bought by someone that will love the house as much as I did, and that will be able to do restorations which I could never afford. I would love to see the sale address as much of the financial debt that I have as possible. Finally, I would like to see this brought to an end, so I can get on with the rest of my life.
As things stand right now, as I understand things, I remain the owner of the house until such as point when the court approves the Motion for Approval of Committee Sale and then the bank closes on the sale. Until that point, I could delay the process by filing bankruptcy, by raising objections to how the foreclosure has proceeded, or perhaps on other procedural grounds. Until that point, if I can work out a deal that will meet my desires as well as the desires of the lien holders on the property, I can proceed with such a deal. After that, it goes to the bank to handle the marketing and subsequent sale of the property.
Today, one of the registered bidders contacted the lawyer for the committee to sell 247 Old Long Ridge Road suggesting that the information distributed by members of the historical commission may not have been accurate, may have dissuaded potential bidders from bidding, and might be grounds to conduct a new auction.
My understanding is that the information presented by the historical society was correct and that the reason people did not bid had nothing to do with that information. Instead, the primary concern seemed to be about the ability to meet the requirement of finding funding within thirty days. Given the current credit crunch such funding would be extremely difficult and would constitute a significant risk to any bidder.
That said, numerous people have expressed an interest in bidding, if a new auction were arranged. So, while I’m seeking closure and moving on, if you have thoughts or ideas about trying to arrange a second auction, let me know.
New Haven Young Dems Meetinging
Submitted by Aldon Hynes on Tue, 04/08/2008 - 21:13After a day of being mostly offline for a work project, I came home briefly to decided if I should continue my offline time by attending the New Haven Young Democrats meeting with Connecticut Democratic State Chair Nancy DiNardo.
I don’t really qualify as a young Democrat, but the topic was about conventions, not only the National Democratic Convention, but also stories about previous contested conventions in Connecticut as well as upcoming conventions. I’ve been particularly interested in the whole gamut of conventions, so I decided to stop by, hear what Nancy had to say, see some old friends, and perhaps make some new friends.
Nancy spoke about the 1994 State Convention and the competition between Bill Curry and John Larson for the Gubernatorial nomination. There was also a discussion of the 2006 State Convention with the contest between Joe Lieberman and Ned Lamont for the Senate nomination and the contest between John DeStefano and Dan Malloy for the Gubernatorial nomination.
Upcoming conventions, like the State Convention on May 10, and the Congressional Conventions on May 12th were also discussed. These conventions are unlikely to have contested races, but they are a great chance to experience conventions. The State Convention is expected to include a proposed rule change to the party that would expand State Central to include seats for Young Democrats.
Yet the big concern was what will happen at the National Convention. The general hope was that a clear nominee will emerge before the convention, yet various aspects of how the convention works in case it is contested were discussed. This included a brief discussion about members of the various standing committees, Rules, Platform and Credentials, and who will be representing Connecticut on these committees. The role of Superdelegates was also discussed. Nancy DiNardo, as State Chair is a superdelegate. She, along with Congressman Joe Courtney from the Second Congressional District, have not pledged support to either candidate at this point. She spoke of using her position as an uncommitted delegate to push the candidates to do the right things for the Democratic Party. This includes strongly encouraging them to focus their attacks on the Republican candidate, and not on each other, and in making sure that ‘blue states’ do not get overlooked during the general election campaign.
It was noted that residents of Connecticut often have family or friends living in battleground states, and working through these friendships can often be more effective that handing out material to strangers at malls. This lead to a discussion of the neighbor to neighbor program that Ms. DiNardo had brought brochures for. She also spoke credit card that you could get that would assist in fundraising for the State Democratic Party.
The discussion drifted to local candidates, including a great list of things that Rep. Rosa DeLauro has done for the district and the need to get new candidates to run for State Legislative offices that have had a Democrat run in recent years. The new campaign finance laws, together with what people hope will be a strong year for Democrats means that seats that seemed invulnerable in the past could be up for grabs this year.
All in all, it was a great meeting of the New Haven Young Dems, and even though I’m a bit old for the Young Dems, they are a great group and I look forward to hearing, and spreading the word about their future meetings.
The Foreclosure
Submitted by Aldon Hynes on Sat, 03/29/2008 - 20:30After writing my last post, I showered and got in the car to drive down to Stamford for the foreclosure. As I drove down, I took mental notes for my story about the foreclosure. I’ll save those notes for a short story if I actually get around to writing it. Suffice it to say, that like my experiences at the AGPA conference, I approached this as a participant-observer, and it served me well.
When I got to Stamford, there were already people exploring the property. Merrie Hawley and her husband were there. Merrie was the attorney conducting the sale.
“It wasn’t a typical foreclosure, but how many of them really are?”
She gave me a copy of the article in the Stamford Advocate about the house sale:
Treasure to be auctioned tomorrow. It is a great article which captures a little bit about what makes Orient Lodge so special.
The interior of the bungalow displays varnished logs, and the walls were chinked with mud and horsehair, said Judy Brewton of Stamford, who is preparing a film history of Long Ridge Village.
I smiled. The article had Judy’s fingerprints all over it. Judy, like other members of the Historical Society love Orient Lodge, perhaps as much as I do. She has fought tirelessly to make sure that the house will be preserved. This article, could, perhaps, contribute to finding the next caretaker for Orient Lodge.
I spent a lot of time talking with various people about the house; its history, my own history, and how we’ve gotten to where things are. In many ways, while it was horribly sad, it also felt like a special party. There were many people there that loved the house and were committed to trying to find someone who would take it on, the way I had hoped to, fifteen years ago. Members of different Historical Societies from around the area were there. Some had gone sleepless, the night before, as had I, in hopes that someone would come to preserve the house.
Judy and some of her friends worked the crowd, passing out an eight by eleven piece of paper.
To All Bidders:
An article in yesterday’s Advocate stated that subdivsion of the Orient Lodge property is possible, but did not mention that because the house sits in the middle of the property, subdivision would not be possible without destruction of the house.
Please be advised that demolishing this house in order to subdivide the property may be against Connecticut Law.
Orient Lodge is an officially designated CT State Historic Property, as well as being situated within the Long Ridge Village Historic District, as listed on the National Register of Historic Places.
Respectfully,
The Long Ridge Historic District Commission:
Judy Brewton
Michael Carroll
Phyllis Laline
Marshall Millsap
Cynthia Russell
I would guess that there were around forty people that showed up. Some were neighbors and old friends who were circumspect. They knew me. They knew how hard it is on me to be losing Orient Lodge. Some seemed afraid to talk to me, not sure how I would react. Yet as I spoke with many friends and people, others could see that I was okay, and loosened up.
Merrie read all the legalize and announced that the auction would begin. Only six or so people had brought bank checks and could bid. She announced the initial bid by the bank, $680,948.14, approximately half the amount it had been appraised for when we got the mortgage, and well under even the appraised value as listed by the court.
She looked around the room. Would anyone bid? Time passed. She asked for bids. No one moved. A few people joked nervously. Finally, she announced, going once, going twice, bidding is closed. There was no bid, other than the banks bid.
Most of us were shocked. I went up to Merrie to listen in on the discussions. Everyone was asking what happens next. As I understand it, assuming the court approves the sale, it becomes the banks property in thirty days. I have until then to try and come up with some other solution. Others can get in touch with the bank and try to negotiate directly with them. This is the most likely course of action for most people.
I spoke with many people afterwards. Why didn’t anyone bid? Had the Historical Society people scared off the developers? Did everyone else feel they didn’t need to bid, since it looked like developers wouldn’t seek to tear down the property? Did people avoid bidding because of the crowd, out of fear that a bidding war might erupt? It is hard to say.
As I spoke with one couple, the discussion shifted to the idea of the caretaker. In many ways, I was the caretaker of Orient Lodge for fifteen years. It is now someone else’s turn. During the last years, I couldn’t do as much as I would have liked. Someone remarked that the previous two owners had lived there until they died. I was the first person to leave the house alive in over half a century.
So, what happens now? Monday, people will contact the bank. We will see what happens next. My biggest concern has been that developers would tear down the building. My second biggest concern is that somehow, someone would come along and restore the house and I would lose my connection with it. Yet I spoke with many people who hope to restore the house, and I hope that someone will restore the house and I will be able to stay in touch with the new owners and help them achieve a vision of the house that I never managed to.
As I drove down to Stamford, I wondered, if I write a story about the foreclosure, how would it turn out. Somehow, the stalemate of no bids, while it does nothing to help my current financial situation, may be the best for the rest story and for the story that I may write.
At least, it leaves the story open for the next chapter.
Foreclosure Day
Submitted by Aldon Hynes on Sat, 03/29/2008 - 08:30It is a bright and sunny day, a little bit chilly. I woke up early, tossing and turning. Today is foreclosure day. At noon, the house will be sold in an foreclosure auction.
I need to head down there soon to let the court appointed auctioneer in so that the house can be shown to any potential bidders. As I tossed and turned, I thought about how I should write about this. Blog posts here? Right now, my mind has settled on a short story. I’ve wrote parts of it in my head as I tossed and turned.
“It wasn’t a typical foreclosure, but how many of them really are?”
I check my email. Log in to Second Life to see if there are any messages there that I need to respond to. It feels like I’m trying to put this off, yet at the same time, I will be glad when it is over.
I need to get ready now. More later.
Woodbridge Democratic Town Committee and Delegate Selection Meetings
Submitted by Aldon Hynes on Fri, 03/28/2008 - 18:43After about seven months in Woodbridge, I finally got around to attending my first Woodbridge Democratic Town Committee Meeting. It was also the Delegate Selection Meeting upcoming caucuses which provided additional motivation for me to attend.
The meetings took place in Room 16 at the Woodbridge Center starting at about 8 PM. Woodbridge Democrats needed to select five delegates for each of four upcoming conventions.
The State Democratic Convention, which will take place on May 10th will vote on DNC committee members and possibly minor rules changes. Since the three DNC committee members are all running for re-election and are unlikely to be challenged and any rule changes are likely to be minor, if there are any at all, a lot of people aren’t all that interested in attending the State Convention. A slate was proposed by a nominating committee and was approved without much discussion.
The Third Congressional District Convention, which should take place on May 12th, attracted a little more interest, not because there is any question about the outcome, but because it should be a fun celebration. Everyone expects this to a straight forward affair celebrating what Democrats hope will be another successful run for Congresswoman Rosa DeLauro. Since it is likely to be a big fun party everyone wanted to make sure that the right people got the best seats at the party. There was a little juggling around on who should go, but there was consensus on the set of delegates.
The Seventeenth State Senate District Convention had similar considerations. State Senator Joe Crisco is running again and the convention should be a similar sort of party. However, Sen. Crisco could face a more serious challenge. The new public financing of campaigns levels the playing field and Sen. Crisco will have to work harder making sure that he has the three hundred donors from within the district and presents clearly and persuasively why he should be re-elected. The slate of delegates proposed by the nominating committee was easily approved. This convention should take place on May 19th.
The Hundred and Fourteenth State Representative District Convention provides the other side of this. The level playing field should make it easier for a Democratic challenger to take on the Republican incumbent. There have been discussions about possible candidates and the town committee and the delegates will need to find the strongest possible candidate. As people thought about this there was some juggling as to who the best possible delegates would be, but consensus was easily found. The State Rep convention should take place on May 20th.
With the delegate selection meeting over, the Town Committee meeting began. Reports from various committees were heard. To me, the most interesting was a report from the conservation committee about an old farm that had been left to the town of Woodbridge. The conservation committee has been exploring the possibility of running this farm as part of a community sustainable agriculture program.
Kim and I signed up for a CSA program last year in Oxford and have signed up for the same program again this year. It would be very exciting if Woodbridge could have a CSA farm of its own. In addition, there are many wonderful spin offs of such a program that are being investigated. I hope that a CSA program can easily be established here in Woodbridge. I hope to write more about this as I hear it.
There were various reports about the budget process. It sounded like the budget process has been going incredibly smoothly and everyone is pleased.
There was also a brief discussion about Rid Litter Day. It is going to take place on April, 26th, Earth Day. Everyone was strongly encouraged to participate.
When the meetings ended, many people hung around and chatted. All in all, it was a very pleasant set of meetings and I look forward to continuing to attend the Woodbridge DTC meetings.