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They Were Living In The Moment In Florida

Posted on May 27, 2008

The Bradenton Herald reports from Florida. Christine Walker, some might say, should have known better. As a mortgage branch manager and then an account executive for wholesale mortgages for Bank of America, Walker had intimate knowledge of the mortgage process. But in 2005, when homes sales were so hot in Florida there were often bidding wars, Walker and her husband, John, thought they knew a good investment bet when they saw one. When a friend backed out of a contract for a new four-bedroom, three-bath home to be built in Twin Rivers in Parrish, the Walkers decided to take it over. ...

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foreclosures , housing , real estate , real estate market
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