Kim & Kroy’s home auction should end at 3pm today.
Also for what its worth- they have an adjustable rate mortgage- so even as bad as they seem to be with money, with interest rates the way they’ve skyrocketed over the past few years, I just don’t think they could have kept up with the rates.
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Adjustable Rate Mortgages are different than Ballon Rate Mortgages. The interest may have increased, but usually by no more than 1%.
Omg an adjustable interest rate basically means you’re screwed eventually! Wow crazy to hear they’d do that on such an expensive house too