KISSIMMEE, Fla. -- A Kissimmee homeowner was in England when he learned a Florida bank had mistakenly started foreclosure proceedings on his house.As it turns out, Denroy Bell didn't even have a mortgage with the bank, Citi-Residential. The bank admitted that it's dealing with so many foreclosures in Central Florida that it made a mistake.Bell's neighbor called him when she saw the locks being changed and the pool empty.
As it turns out, Denroy Bell didn't even have a mortgage with the bank, Citi-Residential. The bank admitted that it's dealing with so many foreclosures in Central Florida that it made a mistake.
Bell's neighbor called him when she saw the locks being changed and the pool empty.
My emphasis Any idiot can face a crisis - it's day to day living that wears you out.
The Florida housing market is wholly dependent upon wealthy and wealthy-ish Northerners retiring down there, but they generally want to live near the beach. Kissimmee is in the middle of the swamp in the center.
Florida, in general, is going to be hammered. Central Florida is going to be devastated. The one silver lining is the weak dollar, which means foreigners can more easily afford the theme parks, thus pumping up the economy and local government coffers, but that'll likely be more than offset by the recession here.
Not good. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
