- This topic has 155 replies, 19 voices, and was last updated 13 years, 10 months ago by NotCranky.
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December 9, 2010 at 4:43 PM #639036December 10, 2010 at 1:35 PM #638222TemekuTParticipant
Don’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.
December 10, 2010 at 1:35 PM #638293TemekuTParticipantDon’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.
December 10, 2010 at 1:35 PM #638875TemekuTParticipantDon’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.
December 10, 2010 at 1:35 PM #639008TemekuTParticipantDon’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.
December 10, 2010 at 1:35 PM #639325TemekuTParticipantDon’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.
December 10, 2010 at 1:44 PM #638232bearishgurlParticipant[quote=TemekuT]Don’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.[/quote]
Lol, thanx for this info, TemekuT :=]
December 10, 2010 at 1:44 PM #638303bearishgurlParticipant[quote=TemekuT]Don’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.[/quote]
Lol, thanx for this info, TemekuT :=]
December 10, 2010 at 1:44 PM #638885bearishgurlParticipant[quote=TemekuT]Don’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.[/quote]
Lol, thanx for this info, TemekuT :=]
December 10, 2010 at 1:44 PM #639018bearishgurlParticipant[quote=TemekuT]Don’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.[/quote]
Lol, thanx for this info, TemekuT :=]
December 10, 2010 at 1:44 PM #639335bearishgurlParticipant[quote=TemekuT]Don’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.[/quote]
Lol, thanx for this info, TemekuT :=]
December 10, 2010 at 1:48 PM #638247enron_by_the_seaParticipant[quote=TemekuT]Don’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.[/quote]
Hmm. We have heard about underwater homeowners burning down the property. This might be taking it to the new level (just kidding :))
December 10, 2010 at 1:48 PM #638318enron_by_the_seaParticipant[quote=TemekuT]Don’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.[/quote]
Hmm. We have heard about underwater homeowners burning down the property. This might be taking it to the new level (just kidding :))
December 10, 2010 at 1:48 PM #638900enron_by_the_seaParticipant[quote=TemekuT]Don’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.[/quote]
Hmm. We have heard about underwater homeowners burning down the property. This might be taking it to the new level (just kidding :))
December 10, 2010 at 1:48 PM #639033enron_by_the_seaParticipant[quote=TemekuT]Don’t cry crocodile tears for this “owner”. Property was purchased with zero down in 2005 with 80/20 loans and refinanced in 2006 with closing costs added – piggybacked again with 88/12 loans. Surprisingly no cash was extracted. “Buyer” put nothing into the property and has lost nothing as there is probably a snowball’s chance in hell that the property is worth what was paid for it. Too bad for for Homecomings Financial though, lol.[/quote]
Hmm. We have heard about underwater homeowners burning down the property. This might be taking it to the new level (just kidding :))
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