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| User Info | This could get interesting.....; entered at 2012-06-26 19:09:25 | |||
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2dogs Posts: 2941 Registered: 2009-03-25 Land of the Lost 
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Curbyourrisk wrote..I have 2 people on my block who have not paid a mortgage payment for 2+ years. Both houses are technically up for sale, through the bank. Niether has a for sale sign on it or can be found in the mls. Apparently there is another listing, which banks and brokers keep quiet about. BUT, both houses need to sell for $385K and $375K, to suffice the mortgage. Both houses currently appraise for about $305K. My neighbors are not going anywhere...anytime soon. They continue to pay their taxes, and the town/county leaves them alone.Sounds like your neighbors have it figured out. The bank is too screwed to foreclose, so all it's costing them to continue living there is the property tax. 2012-06-26 19:09:25
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