Posted by Marilynn Stephens on March 17, 2002 at 16:52:05:
No, it’s me that’s taking the bath. They are homesteading my leased lot with their home following default of the mobile home purchaser two years ago. They laugh at my attorney, and all I get is attorney fees. If they treat all land owners the same way, they should be doing pretty good. I would NEVER lease a lot to someone who financed with Conseco. I got caught on this one because they told me they were using another bank and then switched at the last minute. I was so surprised to find out three months later that the bank who owned the house was Conseco. I’m getting out of the leased lot business and buying duplexes in the big city!