Dear Jim:
< Sarcasm On > Your disappearing home equity got you down? Behind on your mortgage? What if you could live payment free for up to 8 months or more and walk away without owing a penny?
See: You Walk Away < Sarcasm Off >
The foregoing is a real solicitation to delay the foreclosure process. When real estate parasites like this have a business helping deadbeats game the foreclosure process, you know the Schumer is starting to really hit. Not that I have much sympathy for the crooked bankers and lenders being taken advantage of here (just wait till we get hit up for the upcoming Federal banking bailout…)
Regards, – OSOM
Jim:
>Here’s the scene on that waterfront Florida property that you mentioned, as shown in a Seeking Alpha article by Barry Ritholtz: Foreclosure-Proof Homeowners
Regards, – KBF