Poor six-figure family

[trex]

Maybe I’m out of touch, but I was surprised the opposite way – how *can’t* they afford $2900 a month? With about 10k a month, why can’t they just tighten their belts a bit and ride it out? Used clothing stores, eat at home, etc? Given that they have no assets, I’m assuming there are two nice cars in the garage. Sell them and get an old Toyota for 2k.

[Bubblesitter]

I personally know about 5 younger families in their 30s who have recently decided to pick up roots and move out of California.

Unfortunately, the options for Hornbeeks do not look good. They are stuck. Good reason to rent when relocating to a new locale.

I wonder if the finacial adviser used the following tactic with Countrywide when negotiating the rate freeze.
“listen, I’m doing this free financial makeover for an article to be published in the San Diego UT, you probably should consider giving the Hornbeeks a break. If you don’t, countrywide will come across as heartless in the article”

How many people will have that type of leverage when negotiating a rate freeze?

Bubblesitter

[Bubblesitter]

I personally know about 5 younger families in their 30s who have recently decided to pick up roots and move out of California.

Unfortunately, the options for Hornbeeks do not look good. They are stuck. Good reason to rent when relocating to a new locale.

I wonder if the finacial adviser used the following tactic with Countrywide when negotiating the rate freeze.
“listen, I’m doing this free financial makeover for an article to be published in the San Diego UT, you probably should consider giving the Hornbeeks a break. If you don’t, countrywide will come across as heartless in the article”

How many people will have that type of leverage when negotiating a rate freeze?

Bubblesitter

[Bubblesitter]

I personally know about 5 younger families in their 30s who have recently decided to pick up roots and move out of California.

Unfortunately, the options for Hornbeeks do not look good. They are stuck. Good reason to rent when relocating to a new locale.

I wonder if the finacial adviser used the following tactic with Countrywide when negotiating the rate freeze.
“listen, I’m doing this free financial makeover for an article to be published in the San Diego UT, you probably should consider giving the Hornbeeks a break. If you don’t, countrywide will come across as heartless in the article”

How many people will have that type of leverage when negotiating a rate freeze?

Bubblesitter

[Bubblesitter]

I personally know about 5 younger families in their 30s who have recently decided to pick up roots and move out of California.

Unfortunately, the options for Hornbeeks do not look good. They are stuck. Good reason to rent when relocating to a new locale.

I wonder if the finacial adviser used the following tactic with Countrywide when negotiating the rate freeze.
“listen, I’m doing this free financial makeover for an article to be published in the San Diego UT, you probably should consider giving the Hornbeeks a break. If you don’t, countrywide will come across as heartless in the article”

How many people will have that type of leverage when negotiating a rate freeze?

Bubblesitter

[Bubblesitter]

I personally know about 5 younger families in their 30s who have recently decided to pick up roots and move out of California.

Unfortunately, the options for Hornbeeks do not look good. They are stuck. Good reason to rent when relocating to a new locale.

I wonder if the finacial adviser used the following tactic with Countrywide when negotiating the rate freeze.
“listen, I’m doing this free financial makeover for an article to be published in the San Diego UT, you probably should consider giving the Hornbeeks a break. If you don’t, countrywide will come across as heartless in the article”

How many people will have that type of leverage when negotiating a rate freeze?

Bubblesitter

[temeculaguy]

I’m with trex, 345k mortgage on 100k+, it’s tight but that’s how it is when you are young and you buy a house, with ebay and craigslist today, you can cut some corners. Then I read the rest of the article and they took an 85k second mortgage, so they financed the whole thing. They also aren’t that young, where has the money been going all these years. No matter what, borrowing 4.5x your income is too much.

[temeculaguy]

I’m with trex, 345k mortgage on 100k+, it’s tight but that’s how it is when you are young and you buy a house, with ebay and craigslist today, you can cut some corners. Then I read the rest of the article and they took an 85k second mortgage, so they financed the whole thing. They also aren’t that young, where has the money been going all these years. No matter what, borrowing 4.5x your income is too much.

[temeculaguy]

I’m with trex, 345k mortgage on 100k+, it’s tight but that’s how it is when you are young and you buy a house, with ebay and craigslist today, you can cut some corners. Then I read the rest of the article and they took an 85k second mortgage, so they financed the whole thing. They also aren’t that young, where has the money been going all these years. No matter what, borrowing 4.5x your income is too much.

[temeculaguy]

I’m with trex, 345k mortgage on 100k+, it’s tight but that’s how it is when you are young and you buy a house, with ebay and craigslist today, you can cut some corners. Then I read the rest of the article and they took an 85k second mortgage, so they financed the whole thing. They also aren’t that young, where has the money been going all these years. No matter what, borrowing 4.5x your income is too much.

[temeculaguy]

I’m with trex, 345k mortgage on 100k+, it’s tight but that’s how it is when you are young and you buy a house, with ebay and craigslist today, you can cut some corners. Then I read the rest of the article and they took an 85k second mortgage, so they financed the whole thing. They also aren’t that young, where has the money been going all these years. No matter what, borrowing 4.5x your income is too much.

[The OC Scam]

I’m also on board with TG and Trex

I just heard of a family friend that makes around 120k with a 400k loan that went to CW to freeze their interest rate and CW said to quit paying their credit cards as financial advice….?

People just spend to much plain and simple.

[The OC Scam]

I’m also on board with TG and Trex

I just heard of a family friend that makes around 120k with a 400k loan that went to CW to freeze their interest rate and CW said to quit paying their credit cards as financial advice….?

People just spend to much plain and simple.

[The OC Scam]

I’m also on board with TG and Trex

I just heard of a family friend that makes around 120k with a 400k loan that went to CW to freeze their interest rate and CW said to quit paying their credit cards as financial advice….?

People just spend to much plain and simple.

[The OC Scam]

I’m also on board with TG and Trex

I just heard of a family friend that makes around 120k with a 400k loan that went to CW to freeze their interest rate and CW said to quit paying their credit cards as financial advice….?

People just spend to much plain and simple.

[Author]

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