The Wall St Journal: “This is a deal for a woman with no children.”
In a new mortgage proposal, the wife of an American who lost her job to foreclosure says she’s ready to put a mortgage on her home.
“This is the last straw,” said Barbara Lee, the daughter of an Army veteran who lost the $200,000 home in 2008 to foreclosure and was forced to sell it in 2011.
The former real estate agent is the first woman to sell a home since the housing market plunged into recession in 2008. “
If we are not getting a better deal, I’ll do anything to get it,” Lee said.
The former real estate agent is the first woman to sell a home since the housing market plunged into recession in 2008.
Lee, who is in her 50s, said she bought the $250 million home in the Catskills for $1.1 million in 2007.
“I had just gotten a divorce, so I had a big nest egg, and I thought it was a great deal,” Lee told the Journal in an interview.
“But I’m now sitting here looking at this $250K, and it’s all gone.
It’s not there.
Lee said she made a strong pitch to her father, who lost his job in 2012 to foreclosure, and to the family that owns the home, saying the property was worth more than $2 million. “
And I’m not going to let that stop me from making this a home, and that’s why I am so excited.”
Lee said she made a strong pitch to her father, who lost his job in 2012 to foreclosure, and to the family that owns the home, saying the property was worth more than $2 million.
Lee, who lives with her husband and three children, is the latest member of the elite class of wealthy and well-connected women to sell their homes to buy a second home.
More than 5 million Americans have sold their homes since the recession ended in late 2009.
In 2011, the median sale price of a single-family home in New York City was $1 million.
That figure rose to $1,000,000 in 2018.
The median sale prices for single- and two-family homes in the United States increased by a combined 2.5 percent in the fourth quarter of 2018.
Lee said her father’s estate was worth $1 billion and that she planned to build a second family home in his name.
I just don’t know where to go,” Lee, 55, said in an online interview.
She and her husband, an Army captain, bought the home in 2007 for $200K.
Lee said that her father died in 2008, and she did not know how much he left. “
The value of that property is very valuable to me.”
Lee said that her father died in 2008, and she did not know how much he left.
After she lost her first job, she began working part-time as a real estate broker and later sold her broker’s license.
Lee said she has no income from her business and had no debt.
Her father, a veteran of World War II, and her mother, a former nurse, are survivors of World Trade Center attacks in 2001 and 2005.
She said she did work in New Jersey before she sold the home and was able to secure financing through her family.
But Lee said that she was left with $200k of debt, a mortgage that would not pay off.
Her father had been trying to refinance the mortgage with the family, but the family had not approved the refinancing plan, she said.
Instead, she had to sell the house and buy a $1-million house, she added.
Since she began selling the home to pay off the debt, Lee said, her father has started asking for her help.
He wants to buy another home.
I’m asking my friends and family to help me, Lee told me in an email.
“My father was so scared when I sold the house that he was in pain for the first week.”
Lee’s attorney, Paul Satterfield, said the family is ready to fight the foreclosure process.
Satterfield said Lee’s father is the only member of that elite class who has not yet sold his home.