Renton community protests foreclosure auction of 74-year-old woman's home

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by LINDA BRILL / KING 5 News

KING5.com

Posted on December 6, 2013 at 7:59 PM

RENTON, Wash. -- A retired nurse and her son, an unemployed computer programmer, watched on Friday as their home was about to he sold at auction.

The family bought the Renton house in 2006 and got caught up in the housing bubble and foreclosure.

Now, their dreams are about to burst.

"We're going to be homeless. We're going to be homeless." said Mila Dolan, who came to watch the auction.

"We've been hustled from bank to bank to bank. It's insane. The greed is rampant at our expense."

A group of protesters stood behind her and her son, George Karpinski, who lost his job three years after buying the home.

"We're here to make our voices heard because it's not heard any other way. This is what we are down to."

Inside the Bellevue garage of Northwest Trustee Services, the auction was disrupted by protesters who shouted at potential bidders.

One bidder, Gurpreet Marok, changed his mind. "I probably won't bid today after seeing  this," he said.

On George and Mila's home, $550,000 is owed, but the house is only worth $385,000.

No one bid on the house that is currently owned by Deutsche Bank.

"Probably, within 45 to 60 days they're going to start an eviction process, and that's just the way the law works." said Christopher Hall with Vestus Foreclosure Group.

Mila and George returned to their home to wait for eviction to come.

The loan on their house was sold several times to various banks.

KING 5 made requests to some of the financial institutions involved in the foreclosure, but no comment has been received.

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