Single mother Kelly Soban, who in 2004 bought two homes using $350,000 in proceeds from the sale of a previous house, recently sold one of them for substantially less than what she paid for it to avoid foreclosure.
“I was really poorly advised every step of the way from different people, and my Realtor kept saying, ‘The market will get better; keep paying the mortgage,’ ” said Soban, who still owns her home in Clairemont. An investment house she bought in Lakeside for $510,000 recently sold for $278,000
the goal over the last 3 years was to provide just some balance to the avalanche of poor advise out there. and seriously, we can only do so much convincing with data, charts, and graphs.
