<<<"I've been out of work for the better part of two years," says Trautz one afternoon as the sun beat down on the two lakes outside the five-bedroom, 3,000-square-foot home in Conyers that he and his wife bought in 1998 for $203,000.
They tried to sell the house last year for $227,000, but "hardly anyone came through," says Trautz. >>>>
Don't mean to sound too cold but, OMG, WTF??!?!?. Couldn't make a 10% profit on his house so it got foreclosed? Boo freakin hoo. Maybe the below remark explains why.
<<<Friends and church members provided food and occasionally helped with utility bills, but the family's $1,650-a-month mortgage went unpaid for 11 months. Their mortgage lender, PNC Bank, eventually began foreclosure proceedings.>>>
So, after 11 months they finally started the foreclosure process? Wanna talk about a lagging indicator here? 11 months? I had no idea that everyone had a year before they were kicked out.
This one got to me :) |
