Jean Joh

The Human Cost of the Troubled Economy
October 5, 2008 · Jean Joh · 1 Comment

Last week, I was “on the floor” answering phone calls for our company, when I received a call from someone who was interested in one of the rentals we had available.  We arranged to meet the following day to look at the house of interest during his lunch hour.  When we met, I was surprised to learn that this gentleman actually lived right down the street from the house we were viewing.  He shared with me that he currently owned his home but that his mortgage payments had become unaffordable and that he was already several months behind.  He said he had no choice but to put it on the market as a short sale, rent for a little while and hopefully try to buy a home again after a few years.  He also told me about his large family and how difficult it was to be going through this process right now.

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