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Maybe. If they still have the paperwork. And if they can sell it. I mean, I got my house for $8K, of which the bank got $4K, on an outstanding mortgage of so
by Vivtek 15y ago
Maybe. If they still have the paperwork. And if they can sell it. I mean, I got my house for $8K, of which the bank got $4K, on an outstanding mortgage of something like $56K. And there are lots of vacant houses - the city actually demolished one last winter that was owned by Deutsche Bank because they hadn't even responded to letters from the city.
And that's for the mortgage holders that are still in business. This one isn't. Presumably someone holds their assets - but my guess is they're in even more frightful a mess.