Tuesday, May 15, 2007

How To Beat The Bank For Your Mortgage

Bank sells house complete with owner's corpse
Tue May 15, 2007 9:24AM EDT
MADRID (Reuters) - A Spanish bank repossessed a house and put it up for auction complete with the mummified body of the former owner who had missed her mortgage payments, newspaper El Pais reported on Wednesday.
The corpse, preserved by salty air in the seaside town of Roses after an apparent death by natural causes, was discovered by Jorge Giro, who entered the house for the first time on Saturday after buying it at the auction, El Pais said.
The dead woman, described by neighbors as having been in poor health and often absent visiting relatives in Madrid, had stopped paying her mortgage six years ago.
The unnamed bank which eventually repossessed the home never bothered to look inside before selling it.

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