maybe he’ll walka way, the bank will take it,a nd the bank will try to sell to me…
he actually DID refi the house shortly after I movedin. from checking property records, he put down about 50k to buy the house, i rented it, then he refi’d it, and took his equity back out…
so the banks took the loans subject to my lease. so for the next 7-8 months, they are stuck with me. 🙂
I’ve got a nice window of time to watch the market go down the drain… i’ll feel sorry for friends who “own”…but I sure hope the market here goes down the toilet…