The 88-Year, No-Interest Mortgage

[misterno]

"I'm not sure why they gave me the loan with the income we had," Ms. Robinson says.

http://online.wsj.com/article/SB100...10398184.html?mod=WSJ_hps_sections_realestate

 

[hippie]

Quote from misterno:

"I'm not sure why they gave me the loan with the income we had," Ms. Robinson says.

http://online.wsj.com/article/SB100...10398184.html?mod=WSJ_hps_sections_realestate

Time for her to let go of this home and get a rental.

 

[jlancaster]

Ladies and Gentlemen, this is why everybody should take an accounting class. So they don't get into traps like this.