Well paramount lets see… I have been renting since 2004… My wife wanted to buy a home but everything we saw was in my opinion overpriced. Many of my friends wanted homes and they did not buy either.
So let me ask you this, did someone force you to sign the loan docs?
Also do you pay federal income tax? Do you pay social security? If the answer is yes than you are already paying for the lies.
I am not advocating you walk or don’t walk. I am advocating that you should not blame others for your decision. However slimy your realtor was, your mortgage broker was, they did not hold a gun to your head. However slimy all the bond rating agencies were to give AAA ratings to the securities that were created out of these mortgages, that to had nothing to do with you signing those loan docs.
To go back to your analogy. Many of us did not choose to go gamble at the table you gambled at. The best way not go get ripped off by card sharks is to not play the game. You played and I am sorry about that.
You said you purchased your home a year ago? So 1 year ago you had no idea about the market decline? You had no inkling that we could be in serious trouble? Again I am sorry to hear about that. Yes there is plenty to blame but the fact is that you purchased your home when we were well into the depreciation phase. True that there are unsavory characters everywhere in this profession and you can choose to blame them but the bottom line is that you signed the papers.
