One success story is of Jane. She entered a local sweepstakes by a supermarket. She won a year's supply of groceries. It really helped her family save a lot on their daily expenses.
Another success story involves Sarah. She participated in a sweepstakes for a home makeover. She won, and her entire house was renovated. They redid the kitchen, added a new bathroom, and painted all the rooms. Her home value increased significantly, and she got to enjoy a more comfortable living environment. It was a huge transformation that she couldn't have achieved on her own so easily.
An example of a mortgage slave's novel table of contents was as follows:
1 The Golden Lock-George Orwell
Dream of the Red Chamber-Cao Xueqin
3 Water Margins-Shi Nai 'an
4. The Scholars-Wu Jingzi
5 Strange Tales from a Chinese Studio-Pu Songling
6 "White Night Journey"-Keigo Higashino
"Ordinary World"-Lu Yao
8 Mein Kampf-Adolf Hitler
9 "Alive"-Yu Hua
Fortress Besieged-Qian Zhongshu
One Hundred Years of Solitude by Garcia Marquez
The Catcher in the Rye-J. D. Salinger
13 Pride and Predict-Jane Austen
14 "Miserable World"-Hugo
War and Peace by Leo Tolstoy
One Hundred Years of Solitude by Garcia Marquez
Jane Eyre-Charlotte Bronte
Gone with the Wind-Scarlet Ohara
19 "White Night Journey"-Keigo Higashino
Dream of the Red Chamber-Cao Xueqin
These novels were all about real estate and house slavery, covering a variety of styles and topics.
The full text of 'I Have A Huge Mortgage', which was published in the 1990s, can be read on the Unique novel website. It can also be downloaded as a TEXT file.
There's a story of a family that bought a fixer - upper. Instead of hiring contractors, they did a lot of the renovations themselves. They sold things they no longer needed to raise extra funds for the mortgage payments. Over time, their hard work paid off and they became mortgage - free.
I'm pretty sure it's not a true story. There's no common knowledge or evidence suggesting that 'Apple Mortgage Cake' is based on real events. It could just be a creative or imaginative construct.
One horror story could be that some elderly homeowners entered into reverse mortgages without fully understanding the terms. They thought they'd have a stable income for life, but unexpected fees ate into their equity. For example, a couple found out too late that maintenance and insurance requirements were strict, and when they couldn't meet them, they faced foreclosure threats.
There was a young couple who took out a PPI mortgage. A few years into the mortgage, the wife had to take a maternity leave earlier than expected due to some health issues. Thanks to the PPI, they were able to keep up with the mortgage payments during that time. It was a real success for them as they didn't have to dip into their savings or face any financial stress regarding the mortgage.
One horror story is when a lender suddenly changed the terms of the mortgage right before closing. The interest rate shot up, and the borrower couldn't afford it. They had already made plans based on the initial terms, like hiring movers and giving notice at their rental. It was a nightmare as they had to scramble to find another lender or risk losing their dream home.
Well, my rocket mortgage experience was a nightmare because of the hidden fees. They promised a low rate but at closing, there were all these extra charges that just popped up out of nowhere. It made the whole deal much more expensive than we initially thought.