Jun
08
2009
An Eloquent Testament To A Series Of Bad Decisions
Posted by: in Mortgage Loan News, tags: Bad Decisions, Bad News, Bank Loan, Construction Loan, Excerpt, Hasn, Houses, Housing Slump, News Sources, News Today, Patient Man, Profits, Record Searchlight, Testament, Wheels
News Sources wrote an interesting post today on
Here’s a quick excerpt
The Record Searchlight reports from California. “Michael Dastrup is a patient man. Four years after Big Wheels was destroyed by fire, Dastrup is still trying to rebuild the iconic Shingletown restaurant. But Dastrup has been unable to get a bank loan. The housing slump hasn’t helped his cause. Dastrup has been trying to sell two homes in Shingletown for nearly four years so he can use the profits to help finance a construction loan. One of the houses recently sold for $320,000, but that was $8
Here’s a quick excerpt
The Record Searchlight reports from California. “Michael Dastrup is a patient man. Four years after Big Wheels was destroyed by fire, Dastrup is still trying to rebuild the iconic Shingletown restaurant. But Dastrup has been unable to get a bank loan. The housing slump hasn’t helped his cause. Dastrup has been trying to sell two homes in Shingletown for nearly four years so he can use the profits to help finance a construction loan. One of the houses recently sold for $320,000, but that was $8
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