Sunday, Sep 21, 2008

So rich he gave the bank a free house - Oh yes?

BBC news: Millionaire spooked from mansion

Spooked by something more than ghosts. Perhaps it was the site of those trunkless bodies as the tide went out.

Posted by eeyore @ 05:33 PM (342 views) Add Comment

4 Comments

1. nubbers said...

Excellent post. Does this show up some cultural differences on the willingness to walk away? Or is it just that someone who makes his money from property lives in a world of b***s***?

Sunday, September 21, 2008 10:20PM Report Comment
 

2. Eeyore said...

It's a bit like Lehman was 'handed back'!

More of this to come, with or without voodoo or similar.

I wonder when the auction is? Tempting to sit at the back playing hand shadows!

Sunday, September 21, 2008 10:57PM Report Comment
 

3. peter_2008 said...

So, if his mansion fell 10% value during his ownership, does he have to cut the loss or the bank is bearing it? If it's bank's loss, this sounds a smart way of getting yourself out of overpriced house.

Monday, September 22, 2008 12:38AM Report Comment
 

4. Highland Property Bubble said...

I can see it now. Huge increase in number of haunted houses sweeps the country... Fantastic!

Monday, September 22, 2008 08:41AM Report Comment
 

Add comment

Username   Admin Password (optional)
Email Address
Comments
  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Main Blog | Archive | Add Article | Blog Policies