Mom of octuplets may lose California home, mortgage holder says he is foreclosing
By APFriday, March 19, 2010
Mom of octuplets may lose home to foreclosure
LA HABRA, Calif. — Octuplets mom Nadya Suleman could be kicked out of her Southern California home.
Mortgage holder Amer Haddadin says he is starting foreclosure proceedings on the $565,000 La Habra residence because the family hasn’t kept up the payments.
His friend and adviser, Ramsey Masso, said Friday that Haddadin signed over the home to Suleman’s father last year.
Ed Suleman, who leased the home to his daughter, was supposed to pay about $4,000 a month and a final balloon payment of $450,000 that was due earlier this month.
Masso says the family was late on recent payments and also missed the balloon payment.
Calls to the Suleman’s attorney, Jeff Czech, weren’t immediately returned.
Tags: California, La Habra, North America, Personal Finance, Personal Loans, Real Estate, United States, Us-octuplets
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April 6, 2010: 8:08 am
These funds are either arranged by individual’s savings of his life or if they are not having that much amount in hand, there is a facility of loans i.e. house loans. Before applying for the loan, one should go through all the aspects all the terms and should see that conditions are met. |
Sunu W