Forums
New posts
Search forums
What's new
New posts
New profile posts
Latest activity
Internet Search
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
General Discussions
The Watercooler
I know this is being facetious but....
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="DazedandConfused" data-source="post: 198027" data-attributes="member: 831"><p>Well, very interesting.</p><p> </p><p>I could definitely payoff the mortgage and finish my three-quarter renovation.</p><p> </p><p>I'm live in an area that has been hit much harder than most because of the mortgage bust. Two big developments just down the street from me;most of the houses sit empty. Many have been vandalized. </p><p> </p><p>I know two people that have walked away from their mortgages because they financed with an ARM with no down payment. Of course, everyone believed the market was going to continue skyrocketing (my house went up in value 150&#37; at the height of the boom, of course it's worth less now than when I bought it eight years ago but I'm still not upside down), so they were all in a hurry to buy something before it went up even more. </p><p> </p><p>But, what goes up must come down. It came down real hard.</p></blockquote><p></p>
[QUOTE="DazedandConfused, post: 198027, member: 831"] Well, very interesting. I could definitely payoff the mortgage and finish my three-quarter renovation. I'm live in an area that has been hit much harder than most because of the mortgage bust. Two big developments just down the street from me;most of the houses sit empty. Many have been vandalized. I know two people that have walked away from their mortgages because they financed with an ARM with no down payment. Of course, everyone believed the market was going to continue skyrocketing (my house went up in value 150% at the height of the boom, of course it's worth less now than when I bought it eight years ago but I'm still not upside down), so they were all in a hurry to buy something before it went up even more. But, what goes up must come down. It came down real hard. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
General Discussions
The Watercooler
I know this is being facetious but....
Top