Loophole Gets Couple a House for Just One Payment
Thanks to a loophole in Iowa law, Matt and Jamie Danielson now own their $278,000 home outright—for the cost of just one mortgage payment. The Danielsons fought foreclosure—and won—by citing a 123-year-old law that requires mortgages be signed by both spouses. A home-loan approval Matt Danielson…
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Loophole Gets Couple a House for Just One Payment
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on March 17, 2011. Filed under News, World News.
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Loophole Gets Couple a House for Just One Payment
Thanks to a loophole in Iowa law, Matt and Jamie Danielson now own their $278,000 home outright—for the cost of just one mortgage payment. The Danielsons fought foreclosure—and won—by citing a 123-year-old law that requires mortgages be signed by both spouses. A home-loan approval Matt Danielson…
See the original post here:
Loophole Gets Couple a House for Just One Payment
Posted by
on March 17, 2011. Filed under News, World News.
You can follow any responses to this entry through the RSS 2.0.
You can skip to the end and leave a response. Pinging is currently not allowed.