Kevin Martin's home repossessed

Kevin Martin was traded away from the Kings to the Rockets a little over a year ago. Unfortunately, his Sacramento home was never sold. Kevin has been in default on the $1.5 million dollar loan since June and it was recently repossessed after he and the bank failed to reach an agreement on a short sale. Martin’s attorney, Michael Hackard, his client “wants to do the right thing. … He’s not walking away. We’ve got a certain dispute with the lender.” Hackard said Monday that Martin’s lender refused to approve a $941,000 short sale on the property, though Martin offered to pay an additional $50,000 to bridge part of the difference between the sale price and his outstanding loan. Aurora Loan Services wanted Martin to kick in $500,000 on top of the short sale offer. Brings up an interesting point, should athletes look to rent or lease in the cities they play in since they can be traded, waived etc at anytime? Also, are banks ob...