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User Info 16.5% of Home Equity Loans Delinquent; entered at 2007-12-01 20:40:23
Rmonical
Posts: 2770
Registered: 2007-07-04 Glendale AZ
Quote:

Back in '04, I went through a Bainbridge neighborhood's property deeds. Almost every last one of them had a second, and a bunch had a third.


Hey! We had one of those 2ds! We used it to purchase a foreclosed property in Central Oregon in 2001. It is the one property we own outright. It is the fallback place if things go totally south.

Shortly thereafter, we sold the Bainbridge house, paid off the first and 2d and pocketed $100K.

Last modified: 2007-12-01 20:40:42 by rmonical
Reason: typo

2007-12-01 20:40:23