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Old 08-04-2008, 09:44 AM
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Join Date: Jan 2008
Location: Deep South
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Kitty Kitty is offline
Wisest Elder Ever
Kitty's Avatar
 
Join Date: Jan 2008
Location: Deep South
Posts: 21,576
15 yr Member
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Quote:
Originally Posted by Curious View Post
the loan was to set up their own construction company. on the news last night, they said there was no word on what was purchased or what the money went for.

The news here has been trying to get a comment out of them but they won't talk to anyone. It just shows a lady answering the door but then closing it when she sees it's a reporter with a camera crew.

I don't know the circumstances behind the foreclosure or what they used the money they borrowed for. It's sad, though.

Someone's gonna get a really nice house at probably a good price. It's very out of place, though, in the neighborhood it's in. The houses in that area are probably in the low 100's and this one is valued at over $400,000. It just looks weird where it is.
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