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Thursday, June 23, 2011

A Deadbeat's Confession

"When my debt service proved but a fiction,
The bank didn't press for eviction,
As experience showed
That an empty abode
Would only invite dereliction."   

A visitor from Florida gave anecdotal evidence that many mortgage lenders there would prefer to allow a defaulted borrower to remain, and maintain a house, rather than foreclose and invite the unwanted attention of squatters and vandals in neighborhoods with many vacant homes.

3 comments:

  1. Tonia KalouriaJune 23, 2011 at 8:19 PM

    OWED TO FLORIDA

    Once famed for the dred “hanging chads,”
    Now, it’s the “hangers-on” capital, lads.
    Their banks’ “paper delays” can add years to home stays
    For those good loans that since have gone bad.

    ReplyDelete
  2. Dr. GooseJune 23, 2011 at 11:12 PM

    Nice; I've added this one to Rhymes by Readers!

    ReplyDelete
  3. Madeleine Begun KaneJune 26, 2011 at 1:44 AM

    Another fine limerick! And speaking of fine limericks, congratulations on your Honorable mention in last week's Limerick-Off: Great job! Limerick of the Week 15.

    ReplyDelete