OK, a quickie post here. With thanks to my son-in-law, Patrick Beeson, for passing this link along to me. (I usually hear these reports myself on NPR in the mornings as I start my daily routine, but missed this one)
This is a story that goes under the “it could always be worse” category.
Take a couple of minutes to listen. Go ahead, I’ll wait. Then read my take on this below…
Waiting…..waiting….*whistle*…..waiting….
Alrighty. Welcome back…
Sheesh! Those Spaniards are rough. I think I saw an episode of “The Sopranos” where Tony and Pauly Walnuts did roughly the same thing when a sporting goods store owner couldn’t pay his gambling debt…..
[For the record, the reason banks here can't do you the way banks in some other countries can is because mortgages here are debts secured by the property. That is, in exchange for putting your house up for colateral, the bank loans you money. You don't pay, they get the house. But NOT your grandmother's jewelry, for crying out loud.]
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The thoughts & opinions are mine. The quips that fall flat are someone else’s. Please feel free to shoot me an email with a question or a good joke.
And remember, real estate agents aren’t bad. We’re just drawn that way.
