You would think jesus would pay his bills. but i guess not. if you cant loan money to jesus who can you loan to.
ROSEVILLE, Calif.âResidential and commercial real-estate owners aren't the only ones losing their properties to foreclosure. The past few years have seen a rapid acceleration in the number of churches losing their sanctuaries because they can't pay the mortgage.
"I just told the bank to take it," Mr. Oliver said. "If you're a church with a piece of property upside down and no one will refinance the loan or lend you more money, there's not really another choice but to walk away."
http://online.wsj.com/article/SB100...0.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsSecond
ROSEVILLE, Calif.âResidential and commercial real-estate owners aren't the only ones losing their properties to foreclosure. The past few years have seen a rapid acceleration in the number of churches losing their sanctuaries because they can't pay the mortgage.
"I just told the bank to take it," Mr. Oliver said. "If you're a church with a piece of property upside down and no one will refinance the loan or lend you more money, there's not really another choice but to walk away."
http://online.wsj.com/article/SB100...0.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsSecond