It takes all kinds

Haydesigner in San Diego's picture
Submitted by Haydesigner in ... on Fri, 05/23/2008 - 12:00pm. ::

As the real estate market softened in 2007, the new owner of a three-bedroom, 1,600-square-foot house in Sacramento's Curtis Park neighborhood ran into trouble. The house that was purchased for $535,000 in January had lost equity. The owner fell behind in her payments, and eventually, the bank seized the home.

What makes this story different from the thousands like it is that the owner of this house was a member of Congress.