is the new Smart Move to BUY a home for strategic default?

[Scarlett]

CA R, you and I should get together for a drink… I totally feel and share your frustrations.

[Scarlett]

Almost a third of foreclosures were strategic?! They are closing the barn’s door after the horse ran away…

[Scarlett]

Almost a third of foreclosures were strategic?! They are closing the barn’s door after the horse ran away…

[Scarlett]

Almost a third of foreclosures were strategic?! They are closing the barn’s door after the horse ran away…

[Scarlett]

Almost a third of foreclosures were strategic?! They are closing the barn’s door after the horse ran away…

[Scarlett]

Almost a third of foreclosures were strategic?! They are closing the barn’s door after the horse ran away…

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[briansd1]

[quote=CA renter]
That’s why this is so frustrating for those of us who’ve tried to do the right thing. All the fraudsters are being richly rewarded with free rent, 2% interest rates, and principal reductions…while those of us who’ve saved and waited are being rewarded with 0% interest rates and a bubble market that just won’t die. Nice… :([/quote]

I sympathize with your frustration.

But isn’t righteous satisfaction enough? If not, you can always join everyone else in sin.

I was talking to my cousin about this. She’s the most righteous person there is and she didn’t even know that banks were loaning money to anyone who could fog a mirror and funding all the fraud. She could not even imagine that people would want to borrow money that they could never pay back. She and her husband live in their own little world in the Hudson River Valley upstate from NYC.

[briansd1]

[quote=CA renter]
That’s why this is so frustrating for those of us who’ve tried to do the right thing. All the fraudsters are being richly rewarded with free rent, 2% interest rates, and principal reductions…while those of us who’ve saved and waited are being rewarded with 0% interest rates and a bubble market that just won’t die. Nice… :([/quote]

I sympathize with your frustration.

But isn’t righteous satisfaction enough? If not, you can always join everyone else in sin.

I was talking to my cousin about this. She’s the most righteous person there is and she didn’t even know that banks were loaning money to anyone who could fog a mirror and funding all the fraud. She could not even imagine that people would want to borrow money that they could never pay back. She and her husband live in their own little world in the Hudson River Valley upstate from NYC.

[briansd1]

[quote=CA renter]
That’s why this is so frustrating for those of us who’ve tried to do the right thing. All the fraudsters are being richly rewarded with free rent, 2% interest rates, and principal reductions…while those of us who’ve saved and waited are being rewarded with 0% interest rates and a bubble market that just won’t die. Nice… :([/quote]

I sympathize with your frustration.

But isn’t righteous satisfaction enough? If not, you can always join everyone else in sin.

I was talking to my cousin about this. She’s the most righteous person there is and she didn’t even know that banks were loaning money to anyone who could fog a mirror and funding all the fraud. She could not even imagine that people would want to borrow money that they could never pay back. She and her husband live in their own little world in the Hudson River Valley upstate from NYC.

[briansd1]

[quote=CA renter]
That’s why this is so frustrating for those of us who’ve tried to do the right thing. All the fraudsters are being richly rewarded with free rent, 2% interest rates, and principal reductions…while those of us who’ve saved and waited are being rewarded with 0% interest rates and a bubble market that just won’t die. Nice… :([/quote]

I sympathize with your frustration.

But isn’t righteous satisfaction enough? If not, you can always join everyone else in sin.

I was talking to my cousin about this. She’s the most righteous person there is and she didn’t even know that banks were loaning money to anyone who could fog a mirror and funding all the fraud. She could not even imagine that people would want to borrow money that they could never pay back. She and her husband live in their own little world in the Hudson River Valley upstate from NYC.

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