Luxury home bar owner Jim Fuchs says that he is not closing his doors and that he would not be selling his property anytime soon.
Fuchs has a 6-acre ranch in San Luis Obispo County, California, which he bought in 2013 for $8 million.
Since then, Fuchs has been in a struggle to stay afloat financially.
He says he is losing $100,000 a month in rent and food expenses.
Fels is one of more than a dozen luxury home owners who have been threatened with foreclosure or have their homes seized by the Department of Justice for failing to meet certain minimum standards of homeownership.
The Department of Housing and Urban Development (HUD) has been enforcing the rule since 2015.
Furniture is often a major expense for the owners of these homes.
Furniture is typically purchased from a dealer in a local market and delivered to the home.
Fuchs said he typically has to buy a full year’s worth of furniture and other supplies before he is able to begin selling the property.
He said he is struggling to keep up with this monthly spending, and he has to rely on donations from friends and family to keep his doors open.
Fritz, a veteran of the Iraq and Afghanistan wars, is a retired teacher who lives in a $1.4 million house in San Juan Capistrano, California.
The home is located just outside of the city limits.
Fitzgerald, a retired home builder, said he lost his house in 2008 and has been renting it out.
He lives in the same house, but rents it out to a friend.
The house is currently being sold, Fitzgerald said.
He plans to retire in December and move out.
He has also had his own issues with the property management company that owns the property, a non-profit called H.E.M. He has been trying to get a mortgage from them, but they have been denying him the mortgage because they believe he has been evading the loan.
Fitzgerald said he had been trying for five years to get the mortgage modification approved.
The property is valued at more than $400,000 and he said he has received a lot of help from the community, but the process has been slow.
He hopes to find a new place to live, but he is worried about the potential for violence and vandalism.
“The whole area has been under a lot more stress than it has in the past five years,” Fitzgerald said, adding that his family and friends are fearful that something will happen to him.
“I am not looking for a fight, I am looking for help.”
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