Posted on 04/05/2008 10:40:25 AM PDT by pabianice
With the current slump in housing sales it's easy to forget that just several years ago Worcester County was riding the crest of a real estate bonanza. It was at that time my wife and I jumped-onto the realty bandwagon. Subsequently, the bandwagon threw us off and then paused just long enough to back-up and run over us several times for good measure. From a start in April of that year, when we were living comfortably in our own home, we soon became "displaced persons," literally out in the street with no place to call our own.
At that time, most realtors couldn't stop telling homeowners about the epic "sellers' market." What they didn't tell you was that in order to take advantage of it you needed the patience of a saint, the nerves of a test pilot, the financial flexibility of a Caribbean bank, the predatory instincts of a trap-door spider, and the scruples of bond salesman. You were also likely to develop what is euphemistically called in executive circles "a chemical dependency."
Presented below is a diary of this disaster, just as it happened.
(Excerpt) Read more at navlog.org ...
hahhahah you just got pwned.
Not smart to sign for the second home before the first is sold.
I’m so sorry this happened. People sometimes make really bad mistakes.
Indeed.
The subtitle of this article should not be An Adventure in Realty
It should be : An Adventure in Reality
He should sue his own lawyer for not finding out the house was $ 21,000 behind in it’s mortgage. Years back my father was purchasing a piece of land with a trailer on it from his step father, if you can call him that. When my fathers lawyer did the title search he found out that my fathers step father had put the place in his daughters and therefore could not sell it. The step father said he forgot. Yea right, he was trying to pull a fast one. Thats why we have lawyers to research this crap.
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