- This topic has 35 replies, 7 voices, and was last updated 14 years, 10 months ago by
sd_matt.
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February 24, 2010 at 1:22 PM #517955February 24, 2010 at 1:37 PM #518307
Eugene
Participant“We’ve been knocking on a lot of doors, and it appears that the servicers are keeping the loan modders on the foreclosure rolls for now, and cancelling the trustee sale once the borrowers are well into permanent-mod status.”
February 24, 2010 at 1:37 PM #518051Participant“We’ve been knocking on a lot of doors, and it appears that the servicers are keeping the loan modders on the foreclosure rolls for now, and cancelling the trustee sale once the borrowers are well into permanent-mod status.”
February 24, 2010 at 1:37 PM #517960Participant“We’ve been knocking on a lot of doors, and it appears that the servicers are keeping the loan modders on the foreclosure rolls for now, and cancelling the trustee sale once the borrowers are well into permanent-mod status.”
February 24, 2010 at 1:37 PM #517384Participant“We’ve been knocking on a lot of doors, and it appears that the servicers are keeping the loan modders on the foreclosure rolls for now, and cancelling the trustee sale once the borrowers are well into permanent-mod status.”
February 24, 2010 at 1:37 PM #517525Participant“We’ve been knocking on a lot of doors, and it appears that the servicers are keeping the loan modders on the foreclosure rolls for now, and cancelling the trustee sale once the borrowers are well into permanent-mod status.”
February 24, 2010 at 1:41 PM #517965jficquette
Participant[quote=briansd1]I pretty much agree that one a homeowner is in the hole it’s very unlikely he can extract himself.
It’s better to call it water under the bridge and walk.
People are realizing this slowly as they hear from friends and relatives.[/quote]
I just encounterd my first strategic walk away homeowner.
They has a $7k house payment on a $1.2 mil house bought in 2006. They just moved 3 weeks ago into a rental house for $3500 per month in Carlsbad.
They put down $80k down on the house and figure at $3500 per month in savings they will have it made up in a couple of years.
I guess that is happening more and more now.
February 24, 2010 at 1:41 PM #517530Participant[quote=briansd1]I pretty much agree that one a homeowner is in the hole it’s very unlikely he can extract himself.
It’s better to call it water under the bridge and walk.
People are realizing this slowly as they hear from friends and relatives.[/quote]
I just encounterd my first strategic walk away homeowner.
They has a $7k house payment on a $1.2 mil house bought in 2006. They just moved 3 weeks ago into a rental house for $3500 per month in Carlsbad.
They put down $80k down on the house and figure at $3500 per month in savings they will have it made up in a couple of years.
I guess that is happening more and more now.
February 24, 2010 at 1:41 PM #518056Participant[quote=briansd1]I pretty much agree that one a homeowner is in the hole it’s very unlikely he can extract himself.
It’s better to call it water under the bridge and walk.
People are realizing this slowly as they hear from friends and relatives.[/quote]
I just encounterd my first strategic walk away homeowner.
They has a $7k house payment on a $1.2 mil house bought in 2006. They just moved 3 weeks ago into a rental house for $3500 per month in Carlsbad.
They put down $80k down on the house and figure at $3500 per month in savings they will have it made up in a couple of years.
I guess that is happening more and more now.
February 24, 2010 at 1:41 PM #518312Participant[quote=briansd1]I pretty much agree that one a homeowner is in the hole it’s very unlikely he can extract himself.
It’s better to call it water under the bridge and walk.
People are realizing this slowly as they hear from friends and relatives.[/quote]
I just encounterd my first strategic walk away homeowner.
They has a $7k house payment on a $1.2 mil house bought in 2006. They just moved 3 weeks ago into a rental house for $3500 per month in Carlsbad.
They put down $80k down on the house and figure at $3500 per month in savings they will have it made up in a couple of years.
I guess that is happening more and more now.
February 24, 2010 at 1:41 PM #517389Participant[quote=briansd1]I pretty much agree that one a homeowner is in the hole it’s very unlikely he can extract himself.
It’s better to call it water under the bridge and walk.
People are realizing this slowly as they hear from friends and relatives.[/quote]
I just encounterd my first strategic walk away homeowner.
They has a $7k house payment on a $1.2 mil house bought in 2006. They just moved 3 weeks ago into a rental house for $3500 per month in Carlsbad.
They put down $80k down on the house and figure at $3500 per month in savings they will have it made up in a couple of years.
I guess that is happening more and more now.
February 24, 2010 at 3:56 PM #518005UCGal
Participant[quote=jficquette]
I just encounterd my first strategic walk away homeowner.They has a $7k house payment on a $1.2 mil house bought in 2006. They just moved 3 weeks ago into a rental house for $3500 per month in Carlsbad.
They put down $80k down on the house and figure at $3500 per month in savings they will have it made up in a couple of years.
I guess that is happening more and more now.[/quote]
Complete hijack… Is this person a contractor with an Irish sounding name? Wonder if it’s the person I’m thinking of. Everything fits except the person I know bought in 2005.
February 24, 2010 at 3:56 PM #517570Participant[quote=jficquette]
I just encounterd my first strategic walk away homeowner.They has a $7k house payment on a $1.2 mil house bought in 2006. They just moved 3 weeks ago into a rental house for $3500 per month in Carlsbad.
They put down $80k down on the house and figure at $3500 per month in savings they will have it made up in a couple of years.
I guess that is happening more and more now.[/quote]
Complete hijack… Is this person a contractor with an Irish sounding name? Wonder if it’s the person I’m thinking of. Everything fits except the person I know bought in 2005.
February 24, 2010 at 3:56 PM #518352Participant[quote=jficquette]
I just encounterd my first strategic walk away homeowner.They has a $7k house payment on a $1.2 mil house bought in 2006. They just moved 3 weeks ago into a rental house for $3500 per month in Carlsbad.
They put down $80k down on the house and figure at $3500 per month in savings they will have it made up in a couple of years.
I guess that is happening more and more now.[/quote]
Complete hijack… Is this person a contractor with an Irish sounding name? Wonder if it’s the person I’m thinking of. Everything fits except the person I know bought in 2005.
February 24, 2010 at 3:56 PM #518097Participant[quote=jficquette]
I just encounterd my first strategic walk away homeowner.They has a $7k house payment on a $1.2 mil house bought in 2006. They just moved 3 weeks ago into a rental house for $3500 per month in Carlsbad.
They put down $80k down on the house and figure at $3500 per month in savings they will have it made up in a couple of years.
I guess that is happening more and more now.[/quote]
Complete hijack… Is this person a contractor with an Irish sounding name? Wonder if it’s the person I’m thinking of. Everything fits except the person I know bought in 2005.
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