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Homeowner Destroys House Before Foreclosure - The owner of a local mortgage company is about to lose three of his homes to foreclosure. The notice came as a surprise to some of his renters, but what is really shocking is what's happening at one of the homes.Neighbors say the owner is destroying it from the inside out.
From cjdusa

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CC NLI Wrote the following on 06/25/2008 4:59 PM :
yeah warthog, not reading the fine print on an adjustable and/or subprime mortgage, along with buying stuff they knew they couldn't afford is what got some people into trouble. Because of some irresponsible home-buyers, the vast majority of homebuyers who ARE responsible have to pick up the slack.


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