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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: patron_anejo_por_favor who wrote (138203)8/1/2008 9:40:24 AM
From: Pogeu MahoneRead Replies (3) of 306849
 
Update on nephews condo.
He has not paid his mortage for 11 months.
Yesterday he received a letter telling him his mortage has had a rate adjusment upwards;0) He does not pay taxes on his condo.
He does pay the HOA to the place will look nice till they throw him out.
He has received NO notice of forclosure!!!
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It may be a lost quarter-century at this rate.....
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