Examining the home price boom and its effect on owners, lenders, regulators, realtors and the economy as a whole.
Visit Housing Bubble Blog
House Prices Are Really The Culprit
Posted on May 08, 2008
The Lockport Journal reports from New York. Lockport City Court is laying down the law on responsible home ownership. Judge Thomas M. DiMillo sentenced a former homeowner to fines and community service Tuesday for his part in the deterioration of a property that he lost to foreclosure. DiMillo also warned the former occupant of another vacated home that she, too, faces consequences for walking away from title-holder s responsibility. At some point three years ago you had an obligation that you couldn t afford to do anything about, so you abandoned it, said DiMillo. (Th...
Original article link
Subscribe to Housing Bubble Blog