Sunday, June 20th, 2010 at 11:26 AM
Head-Scratching F-Tour
A few on the foreclosure list in 92008, all are around Tamarack, just east of the I-5 freeway:
Posted on Sunday, June 20th, 2010 at 11:26 AM in F-List, Jim TV, North County Coastal | 3 Comments » | 
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That lady suing Countrywide is crackers. I can’t imagine she’ll get anywhere with that nonsense.
BTW, Happy Father’s Day Jim!
CB Mark | June 20th, 2010 at 11:51 amCB,
The “homeowners” intention by suing Countrywide isn’t to win the case. It’s to drag out the free rent as long as possible.
A mortgage = 2k per month
Lawyer fees = 1-2k upfront and can delay the foreclosure process 6 months or more.
Throw in a bankruptcy and sprinkle with a loan mod attempt and you’ve got over 2 years of free rent.
shadash | June 21st, 2010 at 9:36 amOrdinarily, a logical deduction. Except the owners don’t live there – however, they are presumably skimming some rent from someone. So perhaps you may have something. On the other hand, based on Jim’s previous characterizations of said individual, I still think she’s crackers!
CB Mark | June 21st, 2010 at 8:49 pm