Wednesday, March 18, 2009

Foreclosure in the neighborhood

There are only eight houses in our little wooded subdivision and it appears one of them is in foreclosure.

The family in the house down the hill from us has moved out and the neighborhood watchdog reports a utilities truck was there yesterday, presumably to shut off electricity or water.

We weren’t particularly close to them, but the guy did yeoman work clearing trees from the road during the ice storm and they were always pleasant.

I’m just guessing, but I wouldn’t be surprised to learn they were the victims of an adjustable rate mortgage. Bad juju.

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