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Author Topic: Mortgage modifications: Winning!....? [Locked]
Fist_de_Yuma  3 stars
Posts: 571
Registered: 2001-12-20 21:17:22
 Date Posted: 1/1/00 12:01am Subject: Mortgage modifications: Winning!....?
Amazing bad logic. One poster seem to think that because I planned well that I'm heartless. Like I should really care about those who don't plan well. I do care. I really wish they had planned well but there is little or nothing I can do about it. Stepping in like a white knight will just have them in trouble again a few years from now.

Another poster thinks a bank will profit from losing a 275k loan because they get a house valued at 150k in return. Are liberals even capable of adding two plus two?

 

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There are three kind of liberals;
Stupid, ignorant or evil
The result is always evil but the intent is not always evil. Not that it makes much difference in the long run.
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B_Shinkicker  3 stars
Posts: 519
Registered: 2002-2-24 01:12:47
 Date Posted: 1/1/00 12:01am Subject: Mortgage modifications: Winning!....?
Yukishiro1 posted:
Paying more to live in a better location is not a bad choice. If it was, the smartest people would live alone in the middle of the sudan where they could get a huge house and 10 acres of land for about 1000 bucks.

Good luck with that.



As long as people understand that a dollar doesn't magically go farther in those nicer areas than in poor/middle class areas, then they're fine. And judging from the amount of foreclosures in those price ranges, people don't understand that.

What...you mean a 5:1 price to income ratio isn't sustainable just because I chose to live in a sought after zip code! THE BANK SCREWED ME!!!

 

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It is no measure of health to be well adjusted
to a profoundly sick society. - Jiddu Krishnamurti
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