“Dear Homeowner, we lowered your payment” letter

[temeculaguy]

I try. I don’t dislike 23109, in fact I’ve been writing back and forth to him over the past year or two I feel like I practically know him, I see in him a lot of what I see in some of my friends and sometimes myself, I hate it when someone holds up a mirror as much as the next guy. I actually think I was exactly like him when I was his age and i didn’t listen either. If I made a list of the ten bad financial decisions I have made in my life, they all started with the phrase “well, the wife wanted ….” then fill in the blank.

While I suggest things and throw data at 23109, he actually teaches me more than I teach him. These discussions constantly remind me that divorce is cheaper in the long run. Had I remarried and been married in 2006 or 2007 I would have bought another house, by not having any committee votes and making decisions on my own, I’m up about 200k right now, that’s about $500 a day savings, over 18 months. I think I’ll stick with intermittent somewhat crazy girlfriends, they have no voting rights, the variety is nice, thanks 23109, I feel better already.

Dude, you know I’m just kidding with you but there is something serious about being honest with yourself and telling the wife “no” once in a while can be a good thing. I should remind you that I posted a hillarious deal back when you were buying and I said you needed to make her a deal in writing that for every 20k or 30k in value drop she would be required to perform some weekly sexual favor that she was opposed to, I said to make a list and place the most objectionable acts further down the value ladder. I called it the “can’t lose” arrangement. If the house goes up in value, you make money, if it goes down 50% in value, you get to pick which one of her friends. I hope you made that list. Sorry, still kidding, but I did post that more than a year ago and highly suggest it’s use even today for others.

[peterb]

23109, listen to your wife. You’ll be getting a win-win from it. Bail on the upside down mistake, get the place she wants. Not often life gives us such attractive options.

[peterb]

23109, listen to your wife. You’ll be getting a win-win from it. Bail on the upside down mistake, get the place she wants. Not often life gives us such attractive options.

[peterb]

23109, listen to your wife. You’ll be getting a win-win from it. Bail on the upside down mistake, get the place she wants. Not often life gives us such attractive options.

[peterb]

23109, listen to your wife. You’ll be getting a win-win from it. Bail on the upside down mistake, get the place she wants. Not often life gives us such attractive options.

[peterb]

23109, listen to your wife. You’ll be getting a win-win from it. Bail on the upside down mistake, get the place she wants. Not often life gives us such attractive options.

[TheBreeze]

Just be aware that if you walk away, you are not sticking it to either the bank or the man or the man at the bank. No, at this point you are just sticking it to the taxpayer. So please stop with the BS argument that you are some valiant little soldier who was brave enough to take on the evil bank.

The bank has borrowed from the Fed (taxpayer) in order to provide you with a house and now if you don’t pay that money back, it is the taxpayer who will take the hit. So the only people you are sticking it to are people like the honest taxpayers on this board who consistently pay their bills.

Tell your wife to kick you in the balls for me.

[TheBreeze]

Just be aware that if you walk away, you are not sticking it to either the bank or the man or the man at the bank. No, at this point you are just sticking it to the taxpayer. So please stop with the BS argument that you are some valiant little soldier who was brave enough to take on the evil bank.

The bank has borrowed from the Fed (taxpayer) in order to provide you with a house and now if you don’t pay that money back, it is the taxpayer who will take the hit. So the only people you are sticking it to are people like the honest taxpayers on this board who consistently pay their bills.

Tell your wife to kick you in the balls for me.

[TheBreeze]

Just be aware that if you walk away, you are not sticking it to either the bank or the man or the man at the bank. No, at this point you are just sticking it to the taxpayer. So please stop with the BS argument that you are some valiant little soldier who was brave enough to take on the evil bank.

The bank has borrowed from the Fed (taxpayer) in order to provide you with a house and now if you don’t pay that money back, it is the taxpayer who will take the hit. So the only people you are sticking it to are people like the honest taxpayers on this board who consistently pay their bills.

Tell your wife to kick you in the balls for me.

[TheBreeze]

Just be aware that if you walk away, you are not sticking it to either the bank or the man or the man at the bank. No, at this point you are just sticking it to the taxpayer. So please stop with the BS argument that you are some valiant little soldier who was brave enough to take on the evil bank.

The bank has borrowed from the Fed (taxpayer) in order to provide you with a house and now if you don’t pay that money back, it is the taxpayer who will take the hit. So the only people you are sticking it to are people like the honest taxpayers on this board who consistently pay their bills.

Tell your wife to kick you in the balls for me.

[TheBreeze]

Just be aware that if you walk away, you are not sticking it to either the bank or the man or the man at the bank. No, at this point you are just sticking it to the taxpayer. So please stop with the BS argument that you are some valiant little soldier who was brave enough to take on the evil bank.

The bank has borrowed from the Fed (taxpayer) in order to provide you with a house and now if you don’t pay that money back, it is the taxpayer who will take the hit. So the only people you are sticking it to are people like the honest taxpayers on this board who consistently pay their bills.

Tell your wife to kick you in the balls for me.

[JustLurking]

I can’t believe that I actually agree with TheBreeze about anything!

This is what bothers me about your rationalization, and everyone else’s who is in your situation – YOU made a bad financial decision and if you walk away, you are asking ME to pay for that bad decision. That makes me very angry.

You (and everyone else walks away) make the argument that you need to think about what is best for your family. What you don’t say is “I am going to do what is best for my family and I don’t care if it screws your family”. But whether you realize it or not, that is exactly what you are saying.

[JustLurking]

I can’t believe that I actually agree with TheBreeze about anything!

This is what bothers me about your rationalization, and everyone else’s who is in your situation – YOU made a bad financial decision and if you walk away, you are asking ME to pay for that bad decision. That makes me very angry.

You (and everyone else walks away) make the argument that you need to think about what is best for your family. What you don’t say is “I am going to do what is best for my family and I don’t care if it screws your family”. But whether you realize it or not, that is exactly what you are saying.

[JustLurking]

I can’t believe that I actually agree with TheBreeze about anything!

This is what bothers me about your rationalization, and everyone else’s who is in your situation – YOU made a bad financial decision and if you walk away, you are asking ME to pay for that bad decision. That makes me very angry.

You (and everyone else walks away) make the argument that you need to think about what is best for your family. What you don’t say is “I am going to do what is best for my family and I don’t care if it screws your family”. But whether you realize it or not, that is exactly what you are saying.

[JustLurking]

I can’t believe that I actually agree with TheBreeze about anything!

This is what bothers me about your rationalization, and everyone else’s who is in your situation – YOU made a bad financial decision and if you walk away, you are asking ME to pay for that bad decision. That makes me very angry.

You (and everyone else walks away) make the argument that you need to think about what is best for your family. What you don’t say is “I am going to do what is best for my family and I don’t care if it screws your family”. But whether you realize it or not, that is exactly what you are saying.

[Author]

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