“Big Time “negative net worth”
BofA and some of the local banks holding the mortgages on super McMansions in the wino country area after zero payments from the overextended former owners for 2-3 years, will be having fire sales on these properties.
They only want the original mortgage price plus any seconds, thirds and credit lines on each McMansion.
Would you be interested in buying a couple of these?
“They only want the original mortgage price plus any seconds, thirds and credit lines on each McMansion.
Would you be interested in buying a couple of these?”
Sure, if a current appraisal is for 3 million, I would offer them 1.5 ;-)