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ONLY ON 3: Berger speaks out after home is foreclosed, sold at auction

READ MORE: Berger speaks out after home is foreclosed, sold at auction
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WILMINGTON, NC (WWAY) -- In the wake of his home being foreclosed and sold at auction, New Hanover county Commissioner Brian Berger is speaking out about his personal and public issues.

“I was paying the entire mortgage for a three bedroom house for me and my dog,” Berger said.

Wells Fargo bought the house for $211,000. Berger attributes his financial problems to a rough economy, losing his job, trying to start a new business and his well-documented personal issues.

“Bam, you get hit with $40,000 in legal fees even though you are innocent, there are not a lot of people that can sustain that,” Berger said.

Despite his troubles, Berger is looking to the future. With more than two years still left on his term, Berger says he's excited about new board members coming in next year.

Berger said, “There's going to be changes, but positive long overdue changes coming to New Hanover County and I'm looking forward to being a part in that.”

Berger says he plans to live somewhere in New Hanover county. The sale of Berger’s house has a 10-day confirmation period and after that the bank can file an eviction notice within 30 to 60 days.

Disclaimer: Comments posted on this, or any story are opinions of those people posting them, and not the views or opinions of WWAY NewsChannel 3, its management or employees. You can view our comment policy here.

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Yard work

Not only did Brian quit paying his morgage, he also quit cutting his grass for months. Drive by the house it's a mess. Thanks for adding value to the neighborhood with your unkept yard Brian.

Agreed

Agreed! The inside of the house isn't great either.

All I can say is...

it's just another example of why this guy needs to go. How is he qualified to be a steward of our taxpayer money, if he can't handle his own finances?

Legal Fees?

Um as a person who personally knows Brian Berger and has met his family and others close to him, I just feel like it should be known that Brian's parents paid for his legal fees, not him. Out of their retirement. That is now completely gone. So that $40,000.00 didn't come out of his pocket. It came out of theirs. So if Brian is wanting to use legal expenses as an excuse, well, that's just sad and pathetic.

PS- Make sure you're not late or completely miss your court date for that appeal coming up soon Brian. You have a tendency to do that. Actually being somewhere on time would be a "positive long overdue change" don't you think? You've stayed under the radar for a while now Brian. Let's see if you can keep that up.

This is who is elected to oversee Wilmington?

How on earth did this man get into a government position of city father where he is supposed to be on top of finance? It seems like he's been in office forever. When does his term end? If he even gets one vote in the next election, that person should be required to have their head examined.

wonderful

Brian, What a level headed, responsible comment you made. You are one of millions who have lost homes and you will survive. Find a smaller place for you and your buddy. There are some really nice apartment complexes in Wilmington that are pet friendly. I wish you the very best!!!

How sad

From the story: “I was paying the entire mortgage for a three bedroom house for me and my dog,” Berger said.

You were not paying the mortgage which is why the house was foreclosed.

EXACTLY! If he WAS paying

EXACTLY! If he WAS paying the Mortgage....it would NOT have been foreclosed on! Just another one of Bergers famous lies. WATCH out renters......here he comes....TROUBLE!

Well I have to say he is

Well I have to say he is talking like he is getting his life straight,I understand about the house,I can't see wasting that much on a house anyway,waste of money all you need is a roof over your head and food in your stomach.You cant take a durn thing with ya when you leave this ol world,you can have all the money ,jewells n pearls in the world,and when you leave you leave with nothing just as you come in this ol world with nothing,Brian I wish you the best,God Bless you

Ask for a rental agreement

Berger should call the bank and tell them how much he can pay each month for rent until they can find a buyer. Typically it's better for a home to have a tenant rather than letting it sit vacant for however long it takes to sell the already lived in home. Better yet, the new owner can continue to get some level of revenue from the property. I've heard of that scenario used often out west, but not sure about here in North Carolina.

I believe it is required

that the agreement be made prior to the foreclosure going through. Normally, the bank would agree to take the house back in lieu of foreclosure; the bank would then rent the house back for a specific period of time at an agreed upon rate per month.

The upside for the Bank is the avoidance of legal fees and accumulating unpaid interest. By avoiding foreclosure, I believe the lender avoids the property being considered a toxic asset; and they have more flexability to market the property. They would also be in a better position to evict if the agreed upon payments are not made.

The upside for the property owner is the avoidance of a foreclosure on his credit file and the ability to continue living in the house while he gets his act together.

I've never gone through this. Although I do buy real estate from lenders after the foreclosure has taken place. But I believe this is how it works.

Brian's Foreclosure

There were other options presented to Brian time and time again like either getting a roommate, renting the property or doing a short sale but HE decided that those options were not in HIS best interest.