Viral Nature of Walking Away

[UCGal]

[quote=sdrealtor]You got this wrong. It should have been -Seriously, if I saw my friend(s) and/or acquaintances(s) doing this, I would definitely take a long hard look at who I had as my friend(s) and/or acquaintances(s).[/quote]
Easier said than done… If your kid is friends with their kid – you’ll likely have to have some social interaction.

These people are pleasant enough, but I won’t be looking to them for moral or financial advice.

[briansd1]

A friend of mine just told me about her best friend who is now on her 3rd house in Fort Lauderdale, after losing 2 previous houses to foreclosure (when the relationships failed, the 2 houses went to foreclosure).

It’s apparently very easy to buy again in Florida after foreclosure.

I don’t have personal experience so I don’t know. But if it’s easy to buy again after foreclosure, then, why not?

[briansd1]

A friend of mine just told me about her best friend who is now on her 3rd house in Fort Lauderdale, after losing 2 previous houses to foreclosure (when the relationships failed, the 2 houses went to foreclosure).

It’s apparently very easy to buy again in Florida after foreclosure.

I don’t have personal experience so I don’t know. But if it’s easy to buy again after foreclosure, then, why not?

[briansd1]

A friend of mine just told me about her best friend who is now on her 3rd house in Fort Lauderdale, after losing 2 previous houses to foreclosure (when the relationships failed, the 2 houses went to foreclosure).

It’s apparently very easy to buy again in Florida after foreclosure.

I don’t have personal experience so I don’t know. But if it’s easy to buy again after foreclosure, then, why not?

[briansd1]

A friend of mine just told me about her best friend who is now on her 3rd house in Fort Lauderdale, after losing 2 previous houses to foreclosure (when the relationships failed, the 2 houses went to foreclosure).

It’s apparently very easy to buy again in Florida after foreclosure.

I don’t have personal experience so I don’t know. But if it’s easy to buy again after foreclosure, then, why not?

[briansd1]

A friend of mine just told me about her best friend who is now on her 3rd house in Fort Lauderdale, after losing 2 previous houses to foreclosure (when the relationships failed, the 2 houses went to foreclosure).

It’s apparently very easy to buy again in Florida after foreclosure.

I don’t have personal experience so I don’t know. But if it’s easy to buy again after foreclosure, then, why not?

[Huckleberry]

[quote=sdrealtor]You got this wrong. It should have been -Seriously, if I saw my friend(s) and/or acquaintances(s) doing this, I would definitely take a long hard look at who I had as my friend(s) and/or acquaintances(s).[/quote]
You can make judgment based on your own moral and ethical standards, but it doesn’t change the fact that people are contemplating and/or executing in this manner…

[Huckleberry]

[quote=sdrealtor]You got this wrong. It should have been -Seriously, if I saw my friend(s) and/or acquaintances(s) doing this, I would definitely take a long hard look at who I had as my friend(s) and/or acquaintances(s).[/quote]
You can make judgment based on your own moral and ethical standards, but it doesn’t change the fact that people are contemplating and/or executing in this manner…

[Huckleberry]

[quote=sdrealtor]You got this wrong. It should have been -Seriously, if I saw my friend(s) and/or acquaintances(s) doing this, I would definitely take a long hard look at who I had as my friend(s) and/or acquaintances(s).[/quote]
You can make judgment based on your own moral and ethical standards, but it doesn’t change the fact that people are contemplating and/or executing in this manner…

[Huckleberry]

[quote=sdrealtor]You got this wrong. It should have been -Seriously, if I saw my friend(s) and/or acquaintances(s) doing this, I would definitely take a long hard look at who I had as my friend(s) and/or acquaintances(s).[/quote]
You can make judgment based on your own moral and ethical standards, but it doesn’t change the fact that people are contemplating and/or executing in this manner…

[Huckleberry]

[quote=sdrealtor]You got this wrong. It should have been -Seriously, if I saw my friend(s) and/or acquaintances(s) doing this, I would definitely take a long hard look at who I had as my friend(s) and/or acquaintances(s).[/quote]
You can make judgment based on your own moral and ethical standards, but it doesn’t change the fact that people are contemplating and/or executing in this manner…

[briansd1]

It’s becoming more and more mainstream, just like I predicted it would.

I remember during the boom, the bulls were saying that people will eat Ramen noodles and cut back all expense before they default on their mortgages.

I was thinking fat chance. In fact, I know a family that is already planning on defaulting when their loan resets. They just bought a brand new Cadillac Escalade.

Borrowers Refuse to Pay Billions in Home Equity Loans

Debts Rise, and Go Unpaid, as Bust Erodes Home Equity.

The delinquency rate on home equity loans is higher than all other types of consumer loans, including auto loans, boat loans, personal loans and even bank cards like Visa and MasterCard, according to the American Bankers Association.

[briansd1]

It’s becoming more and more mainstream, just like I predicted it would.

I remember during the boom, the bulls were saying that people will eat Ramen noodles and cut back all expense before they default on their mortgages.

I was thinking fat chance. In fact, I know a family that is already planning on defaulting when their loan resets. They just bought a brand new Cadillac Escalade.

Borrowers Refuse to Pay Billions in Home Equity Loans

Debts Rise, and Go Unpaid, as Bust Erodes Home Equity.

The delinquency rate on home equity loans is higher than all other types of consumer loans, including auto loans, boat loans, personal loans and even bank cards like Visa and MasterCard, according to the American Bankers Association.

[briansd1]

It’s becoming more and more mainstream, just like I predicted it would.

I remember during the boom, the bulls were saying that people will eat Ramen noodles and cut back all expense before they default on their mortgages.

I was thinking fat chance. In fact, I know a family that is already planning on defaulting when their loan resets. They just bought a brand new Cadillac Escalade.

Borrowers Refuse to Pay Billions in Home Equity Loans

Debts Rise, and Go Unpaid, as Bust Erodes Home Equity.

The delinquency rate on home equity loans is higher than all other types of consumer loans, including auto loans, boat loans, personal loans and even bank cards like Visa and MasterCard, according to the American Bankers Association.

[briansd1]

It’s becoming more and more mainstream, just like I predicted it would.

I remember during the boom, the bulls were saying that people will eat Ramen noodles and cut back all expense before they default on their mortgages.

I was thinking fat chance. In fact, I know a family that is already planning on defaulting when their loan resets. They just bought a brand new Cadillac Escalade.

Borrowers Refuse to Pay Billions in Home Equity Loans

Debts Rise, and Go Unpaid, as Bust Erodes Home Equity.

The delinquency rate on home equity loans is higher than all other types of consumer loans, including auto loans, boat loans, personal loans and even bank cards like Visa and MasterCard, according to the American Bankers Association.

[Author]

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