My younger sister has not made a mortgage payment on her home in almost three years now. It is looking like foreclosure will be happening in the next couple of months, though.
At which point she will move out and move on. In the Seattle market, her home is still worth a LOT less than she owes on it.
A pair of crooks who stole the use of a million dollar home for five years, and who basically stole the interest for five years on a million dollar loan. They ought to be publically executed as an object lesson to other mortgage scammers.
The aggrieved/entitlement mentality at work. They were taught well.
There’s a photo at the link.
these people give the term “grifters” a bad name
This should be criminal.
Single page view.
Basically, the Ritters were successful in gaming the system. Till the system broke and they became deadbeats.
They these spoiled brats got to live on the hog and we should feel sorry for them why?
I generally don’t approve of deficiency judgments. If the lender was dumb enough to loan you more than the house is actually worth, that’s their problem. This is an exception. As the lender, i would go after these deadbeats forever. Their intent was fraudulent, and they should be unable to hold any assets without fear that the assets will be taken from them - for the rest of their lives unless they pay back what they stole. Liberals like this disgust me.
Great googly moogly, why didn’t they just SELL the house when they realized they couldn’t make the payments?
Maryland “Freak State” PING!