MORTGAGES Homebuyer warning: Mortgage mistakes to avoid
Kuntal Khasnobish
Thursday, April 17, 2025
Wayne and Kathy Paquette thought they’d found the perfect retirement plan: a sleek floating home on the water, no property tax, no snow to shovel, and a fraction of the cost of a traditional house. They paid $265,000 to a man named Joe Nemins from a company called Live on The Bay.
No home was ever delivered.
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