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Homeowner Begs Bank To Foreclose

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moh malekpour

Elite Member
Joined
May 25, 2002
Professional Status
Certified Residential Appraiser
State
California
http://globaleconomicanalysis.blogspot.com/2008/06/homeowner-begs-bank-to-foreclose.html
Steve Lee moved from Pompano Beach to Los Angeles but hasn't been able to sell his three-bedroom condo, which he put on the market in April 2006, despite cutting the price from $224,900 to $99,000.

Part of the problem, he said, is the home was damaged after a water leak and sewer backup. The repairs are done, but he's still tied up in lawsuits with his condo association. He's begging the bank to foreclose so he can cut his losses.

"I don't want a penny, just take it," Lee said. "It's absolutely destroyed me — mentally, physically and emotionally
 

Mountain Man

Elite Member
Joined
Jan 15, 2002
Professional Status
Certified General Appraiser
State
Georgia
Gotta love Condo Natzies. I just won't live where I can't pee on dirt that I own in whole.
 
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