Monday, January 14, 2008

Woman Sells Pieces of Her Foreclosed Home!

Woman Sells Pieces of her Foreclosed Home! An Ontario, Calif., woman, who tried to save her home from foreclosure by selling its period flooring, baseboards, and other fixtures on eBay, was evicted and the house was secured by local police.A Superior Court judge intervened after the city complained that the home was being desecrated. The city had an interest because it gave the 71-year-old Mediterranean Revival home owner a break on property taxes because the property is considered historic.Owner Kim Shewalter stopped paying her mortgage after payments adjusted to $6,500 a month. "Until the bank takes it away, that's my home," she says.Shewalter says she was only removing and selling items that she installed in the home herself, such as a set of custom-made cabinets and an antique light fixture she inherited from her grandmother."I have to give my house back to the bank, and I want to be sure I recoup a little bit of my money," she says.Source: The Associated Press (01/12/08)Browse all of today's news

No comments:

AddThis

Bookmark and Share