Tuesday, May 11, 2010

A Retired Couple Regreats Playing Banker To Their Son

Retired couple thought it was a good idea to finance a 540K mortgage for their son. Now, 5 years later he is behind on his mortgage payments as well as 3 years behind on his property taxes. Oh yea and he took out an equity line of credit for 50K and is behind on that loan as well. What should his parents do?

Warm regards,

Dina Harbour, Extraordinaire
CEO & Host of Women Obtaining Wealth
Women Obtaining Wealth Organization
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