From Pine View Farm

Mortgage Relief 2

Not for this guy. He dug his own hole.

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2 comments

  1. Karen

    February 15, 2009 at 6:30 pm

    People like him & the speculators. Oh, let’s not forget the “flippers” either.

    Help should be for those who are trying to keep their homes. Not their rentals or vacation homes. 

     
  2. Frank

    February 15, 2009 at 7:53 pm

    I agree.

     

    I have sympathy for persons who fell for fast-talking mortgage salespersons, like this one.  You can look at the track record and see that this guy was gaming the system.

    Folks don’t realize that real estate transactions and loans that affect them are public records.  The liens get recorded at the court house.  It’s pretty easy to tell from the record what’s going on.

     

    Now, if this guy had paid steadily for several years and then have refinanced just about when a family member got real sick, that might tell a different story.