I have a law degree but am not a "real lawyer" in that I don't practice and have no active bar membership. Phil should be actually glad other than that he's sucking up kahndo fees because if they MidFirst actually gets all their money, he won't have even the chance of a deficiency judgment against him. It's typical of Phil's spiteful nature that he's literally bitching about something that benefits him because it also benefits the creditor he tried to shaft.
I'm still rooting for Midfirst to make a million dollars on the KHANDO.
I hope they cash in huge. I won't be able to stop laughing over where his money really went instead of doing the mature adult thing.
Yeah, but either way, the salt will be extra great. It'll either be "Thanks to the foreclosure, I have this deficiency bahlance to pay, so tips would be greatly appreciated, hint hint!" or "I can't fucking believe that the stupid bank made twice as much as I owed on the khando! I could have used that money of I was able to sell it myself. Now I have all these bills to pay, and tips would help me buy groceries when I waddle through the store! "
Add to the fact that New Yorkers are leaving in droves and that will definitely drive the price up in that Bridgeport market.
For which link? Looks good to me.
Holy fuck nine months after the last filing and literally nothing has been done about anything.
Phil can't think further than 60 seconds into the future. Sometimes he retcons his own lies in the same sentence.I did the math out of boredom: Phil paid about $1,100 / month * 60 months = $66,000 in mortgage and HOA fees after moving to Renton. Add in property tax and utilities (many utilities charge you just for being a customer and New England is cold enough that he might have had to keep the heat on in the winter so the pipes wouldn't burst) and we're looking at closer to $70,000. Now he's probably looking at another $10-15,000 in HOA fees on the property by the time it sells so maybe $80k-$90k total, all for an empty property.
For comparison, a short sale would have only cost him about $60k if he'd sold back in 2014 - Phil is so retarded with money that he found a deal even worse than short selling and paying the difference himself
according to him he tried to get approval from the bank to short sell and they said no.I did the math out of boredom: Phil paid about $1,100 / month * 60 months = $66,000 in mortgage and HOA fees after moving to Renton. Add in property tax and utilities (many utilities charge you just for being a customer and New England is cold enough that he might have had to keep the heat on in the winter so the pipes wouldn't burst) and we're looking at closer to $70,000. Now he's probably looking at another $10-15,000 in HOA fees on the property by the time it sells so maybe $80k-$90k total, all for an empty property.
For comparison, a short sale would have only cost him about $60k if he'd sold back in 2014 - Phil is so retarded with money that he found a deal even worse than short selling and paying the difference himself
Coincidentally, I was listening to Tevins "DSP's foreclosure/bankruptcy saga begins" video last night, and this idiot was clearly lying about what happened when he tried to "short sell" it the first time. He goes into this long story about how he was doing all this "work" for months behind the scenes to try and get it sold, and that after all that "work", they told him no! So once they told him to short sell it in 2019, as opposed to foreclosure, he had the convenient story of "well I already tried to sell it once and you didn't let me, why should I do it again? You're just gonna waste my time!"