Wednesday, February 25, 2009

Excuse me Commissioner... I have an urgent call from the bank on the other line

ABC NEWS Business Unit
Feb. 24, 2009

You've heard plenty of stories about foreclosures, but the latest victims of this brutal recession are about to lose their cave.

The mortgage meltdown forces a family's cave to be auctioned off on eBay.

That's right. For nearly five years, Curt Sleeper and his family have lived in a cave. His mortgage is about to come due and, like millions of other Americans, he can't refinance.

So now, the 17,000-square-foot, subterranean home is being auctioned off on eBay.

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