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Century 21 ad update
by Science

You just know that the wife and broker in this ad put together an interest-only mortgage package to pay for the house and then they harpied the guy until he signed on. When the first balloon payment came due in 2007, they got a loan from his parents while trying to refinance. After 12 months of $4,500 payments and tumbling home value, they entered foreclosure and the house (along with 75% of the houses in their Coffey Creek development) is going to be auctioned by the bank. The couple has moved in with her parents and the daughter is attending the local public kindergarden.

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