Hallo All,
This article answers one of our questions about foreclosure on the Coleman home:
>>The couple's former home in Columbia is headed toward foreclosure, according to civil attorneys representing Sheri Coleman's family. Payments on the home's mortgage weren't made for the months of May and June, they said.<<
Isn't it 3 months that kinda clicks a home to actions towards a foreclosure? It may take far longer to actually foreclose (as, I believe it was Kimster who mentioned), but isn't it 3 missed payments and whammo...the legal actions of a mortgage company start kicking in?
Not hard to imagine that May or June wasn't paid, with CC kinda tied up from the 4th/5th of May on... He had other bills that would need payment; mortuary/funeral costs for 3 people and defense attorney bill as of May 5th. On the other hand, it is possible that CC's dad called in a favor with the local mortuary -- given the service/funerals were handled in Chester. Just how much would the "cost" be for 3 embalmings, 3 caskets, 3 concrete vaults, 3 plots, one graveside service, one return to graveside for 3 interments... In my estimation, even at "cost" this would not be inexpensive -- but would a local funeral home "gift" this (that is a little hard to imagine, but I suppose it depends upon past relationships and perhaps favors that might be available for a pastor, grandfather of the deceased.)
Then...we also have Chris' resignation on, from what I recall, the 13th of May. My guess is that when you resign due to breaching company policy, you don't get a separation package.
And...if CC was living on the edge financially (which is quite possible, based on the "financial class" -- and we may hear quite a bit more about after all financial information is turned in for the civil suit) -- well... And do you suppose any financially responsible funeral home, no matter what "favors they might want to give" would take a credit plan based upon what they knew they were going to receive after autopsy and some of the other clues they probably had before then?
Bottomline, why pay the mortgage on a house you were not planning to live within, i.e. you were shopping for another to live within with your mistress? Aside from that, why pay the mortgage on a house within which you have slim to no equity -- having taken that out many months earlier? On top of that, why pay it when you don't want to touch it because a) your precious family was murdered within it (by a ninja) OR b) you murdered your precious family within it? Why pay for that, when you can apply the payments to a defense attorney -- obviously needed the first day of the murders? And ... why try to sell it quickly, when your neighbor hasn't yet been able to sell their house for a lesser price than you owe -- you aren't going to accomplish much of anything... Basically all minimal equity is gone. This house was destined for foreclosure.