This Duke character reminds me of another sip couple I knew

2,049 Views | 3 Replies | Last: 5 yr ago by End Of Message
FriscoKid
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Long story short they basically abandoned their house. They had about 100k of equity in it if not 150k, It sat abandoned for a few months and had a listing (kind of). Grass got over grown, it was left unlocked. A handful of people made offers on it where the sips could have walked away with a few 10's of thousands. They had cash offers to make them money on the house! They refused to sell for some dumb reason. But they also refused to sell it like normal people.

In the end, the bank took it and they got nothing but a default on their record. You can lead a man to 40 acres, but you can't teach him sheet. Dumb is dumb.
Shoefly!
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Hell it might have been Duke. Was his wife being plowed by an Aggie? The wife left sad, estranged Duke because Aggie was meating her needs physically & monetarily. Poor lil Duke, Aggie taking care of your bride now.
Bird Poo
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FriscoKid said:

Long story short they basically abandoned their house. They had about 100k of equity in it if not 150k, It sat abandoned for a few months and had a listing (kind of). Grass got over grown, it was left unlocked. A handful of people made offers on it where the sips could have walked away with a few 10's of thousands. They had cash offers to make them money on the house! They refused to sell for some dumb reason. But they also refused to sell it like normal people.

In the end, the bank took it and they got nothing but a default on their record. You can lead a man to 40 acres, but you can't teach him sheet. Dumb is dumb.

Sounds like they had no equity and lied to you about their financial situation.
FriscoKid
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Bank records...

Loan for 260, market price 375-400.
End Of Message
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2nd mortgage? Sips like to overleverage.
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