Remember, there are only two certainty's in this world. Death and taxes.

Who do you think has to pay the taxes on a for-closed home? The Bank.

The fact is people that are caught up in this mess didn't read their contracts or didn't understand them is in no way the governments fault unless you're blaming it on the public education system.

This is just like everyone complaining about a car lease when it comes due and they find that they owe hundreds if not thousands of $'s because they went over the mileage limits.

Like Norm says; READ, UNDERSTAND and FOLLOW the directions. If you can't get the first part done the other two won't help much.

INDIVIDUAL RESPONSIBILITY FOR OUR OWN DECISIONS AND ACTIONS?

You buy something you KNOW you can't afford.
You get foreclosed on because you can't make the payments ....
And it's the Governments fault ?????

Are you completely ignorant??

You go buy a car for $30,000, finance it for 7 years. Then two years later it's only worth $12,000 and you still owe $25,000... whose fault is that? The dealer? No, they made the offer and you accepted it. The auto manufacturer? Of course not. The finance company that gave you the loan? Not hardley, you had the option to walk out. Is it the Governments fault for "allowing" them to sell you the car? Get real!
Of course the decision to purchase was ultimately yours, therefore the fault is entirely YOURS!

Same with accepting a mortgage if someone knows right up front they couldn't afford to buy that house, then it was their stupid decision to go ahead anyway that got them foreclosed on.

Take responsibility for your own actions and your own stupid decisions.... good grief!

I think alot of people do it. Look at how many houses are in foreclosure. When we bought our house I knew the price range We wanted, the realtor pushed and pushed for us to go higher, Thank God we didn't. God did give us a brain to use.

They tried to scam me too. This time I actually followed my instincts, and my budget.

If a banker, or developer, or realtor's lips are moving, they are lying.

Have a good night, it's beautiful out.

When crooked banks and the government allows it. Poor people will take what is offered, just like you will!

I think the bankers are part of the problem.

Sorry to disappoint you, but my parents taught me to be fiscally responsible. You know old fashioned things like "save for a rainy day", or "don't spend all of your money in one place", or "don't get into debt, even too much house debt is bad". Those kind of old sayings.
There is nothing classy about living in a home you can't afford. If you can't even afford the interest payments you are in way over your head. No matter how poor you are I can't imagine getting sucked into or talked into a sub-prime, or interest only mortgage.

You'd be surprised at the number of people who purchase a house because the mortgage company tells them they can afford it.

No he wouldn't be surprised. He knows there are millions but he simply thinks they should be able to outsmart the bankers and realty people.
He makes it sound as if these poor people force the realtors and banks to sell to them! They don't. It is the reverse.
Helping to protect those less fortunate or intelligent is not a primary objective of conservatives! Buyer, beware!

You are right. I was appalled at what my realtor was trying to get me into. Both the realtor and the broker working together tried to bait me into something bigger. The realtor was sneaky. At first she told me there were no homes in the price range I wanted. She showed me homes for 100,000 more. So I went out on my own looked at homes in my budget,(amazingly enough there were actually 20 homes available) and found a new realtor.

Anyway thanks for pointing that out, because both the realtor and the broker thought they could pull a fast one. I'll give them credit they tried every trick in the book.

yep now think about this, we are so high on this list
but i proberty taxes just keep going up
to satisify the gov blood suckers an thats fay co. gov

shadowalker