Politics, scandals and foreclosures
If we don't "consider it walking away" what is it?
"As the real estate market softened in 2007, the new owner of a three-bedroom, 1,600-square-foot house in Sacramento's Curtis Park neighborhood ran into trouble. The house that was purchased for $535,000 in January had lost equity. The owner fell behind in her payments, and eventually, the bank seized the home. What makes this story different from the thousands like it is that the owner of this house was a member of Congress."
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5/25/2008 11:52 AM
Los Angeles Real Estate Blog wrote:
Here's an update to my post regarding the congressional member loosing her home in foreclosureThe Daily Breeze's Gene Maddaus: "Rep. Laura Richardson, who lost her Sacramento home in a recent foreclosure auction, has also defaulted on properties in Long Beach and San Pedro, records show."Read remainder here: ... -
5/26/2008 10:03 AM
Los Angeles Real Estate Blog wrote:
Here's an update to my post regarding the congressional member losing her home in foreclosureThe Daily Breeze's Gene Maddaus: "Rep. Laura Richardson, who lost her Sacramento home in a recent foreclosure auction, has also defaulted on properties in Long Beach and San Pedro, records show."Read remainder here: ...
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