TavaresJim's Blog

by TavaresJim from Tavares

Last Post 26 days, 8 hours Ago

Making $$$ from the mortgage crisis

Apr 10, 2008 | 4:44 PM
Category: News

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Got extra cash laying around and want to make a profit from the mortgage crisis? A friend of ours got in over her head and ended up losing her home. It was valued at $245K (a conservative figure). She owed $156K on it and instead of dumping it and pocketing a little money she just let it go. Yesterday the bank accepted a short sale on it for $100K cash. Somebody got a deal. I'm sure there will be more and more of this going on as things get worse, especially if the Feds step in with more bailouts. Even in bad times the rich get richer!!!

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TavaresJim

Yes that is the wonderful Mrs. TavaresJim featured on my avatar. I am truly blessed with a wonderful life. Lived in Tavares since 1975. It was a great place to grow up...now there are just too many people!!! 44yrs old, married for 23 years. 21yr old son & 14 yr old daughter. Business owner trying to live the American Dream. Kinda tough though with the idiots we have running things. My current favorite bumper sticker saying: "George Bush & Congress, bringing the 3rd world to your neighborhood". I follow no party lines when it comes to issues and I don't trust those that do. I like to make up my own mind about things.

Member Since: 4/4/2008

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