This woman and her husband were defrauded by her lender and contractor over a period of several years. After two years the contractor abandoned the job site (which didn't even have drywall) and later died. The couple had to choose to continue to fight for justice or continue to pay their mortgage. They ended up with a total of three mortgages throughout this process. As a result of their decisions, they got behind in their mortgage payments. In the end they actually decided to do a short-sell opposed to a foreclosure.
Saturday, April 27, 2013
Blog Assignment Five
Foreclosure
This woman and her husband were defrauded by her lender and contractor over a period of several years. After two years the contractor abandoned the job site (which didn't even have drywall) and later died. The couple had to choose to continue to fight for justice or continue to pay their mortgage. They ended up with a total of three mortgages throughout this process. As a result of their decisions, they got behind in their mortgage payments. In the end they actually decided to do a short-sell opposed to a foreclosure.
This woman and her husband were defrauded by her lender and contractor over a period of several years. After two years the contractor abandoned the job site (which didn't even have drywall) and later died. The couple had to choose to continue to fight for justice or continue to pay their mortgage. They ended up with a total of three mortgages throughout this process. As a result of their decisions, they got behind in their mortgage payments. In the end they actually decided to do a short-sell opposed to a foreclosure.
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