115 West 119th Street w/ 2 tax liens

What ya talking about? It was bought in 2001 for $700k. By 2007 the bubble had tripled it. The fact t only has $1.7mm means the 'owners' left a ton of money on the table. By bubble rights, it should have $2.1mm of first lien, $400k of 2nd and a heloc of $100k. That extra $900k in liquidity was all this dufus needed.

Just one more month... The bubble will come back. Anybody got $100k to float this poor swindled 'homeowner?'. Isn't there some Fannie Mae program to forgive all his debt? Who amongst all the RE bulls will start a charity for this lost owner? It'll come back... Therez gotta be some RE Borker funded slush fund to help this guy. Come on! The bubble will come back baby!

> Isn't there some Fannie Mae program to forgive all his debt? Who amongst all the RE bulls will start a charity for this lost owner?

LOL the RE bulls and homeowners with equity as only plan for retirement savings SHOULD do the charity. it's in their own self-interest to protect home prices.

i wonder how can somebody have 2 consecutive tax liens on a brownstone in harlem. really, is it that much money? shouldn't be more than a few $10k altogether, it's less than 4% of the debt outstanding.

seems that around Harlem, not every brownstone buyer did their carrying costs due diligence.