Quote:
Originally Posted by xoxoxoBruce
If they bought the house in 1970, the mortgage was probably paid off.
Now in 2004, they gave a then 86 year old woman, $45k plus an $11k line of credit, but she couldn't make the payments?
Something stinks... where'd the money go?  |
Maybe it was one of those reverse mortgage things, and she was using the money to pay property taxes, plus eke out a small pension?