“I have more of a beef with the lenders than the borrowers. This is an underwriting problem more than a morality issue.”
I am right there with you and those saying such things. This topic,which went in interesting directions, got started by a guy blaming everyone but himself for being faced with an uncomfortable financial dilema. I think compared to the lenders the fault of any buyers is small…I dislike hearing someone say they are a victim and not part of the problem.
I just got off the phone with a man in a similar situation. He said he knew what he was getting into…that’s all it takes. I don’t think he would stay there for free as part of his exit strategy or take the cabinets and plumbing with him because he was suffered some wrong.
We have had more responsible posters come in here and explain the same dilema, they didn’t stir up a hornets nest because they accepted part of the blame.Most of those who posted tried to help them.
