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Viewing 15 posts - 76 through 90 (of 177 total)
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  • January 29, 2008 at 10:41 PM #145285
    Anonymous
    Guest

    What’s so shocking here? Did any of you really think this wasn’t going to happen??

    In regards to this company, it sounds like a scam. I’m assuming for a fee, they counsel people on how to walk away from their homes and then rebuild their credit.. Anyone can get this information for free by researching it. It’s not difficult.

    January 29, 2008 at 10:41 PM #145355
    Anonymous
    Guest

    What’s so shocking here? Did any of you really think this wasn’t going to happen??

    In regards to this company, it sounds like a scam. I’m assuming for a fee, they counsel people on how to walk away from their homes and then rebuild their credit.. Anyone can get this information for free by researching it. It’s not difficult.

    January 29, 2008 at 10:47 PM #145019
    bubba99
    Participant

    This looks like a variation of the “Repair your Credit Scam”. The “kit” offers nothing that is not already guaranteed by law – right to walk away from purchase money mortgages, and phrases like “You CAN have the foreclosure REMOVED from your credit!”. All true, but it takes 7 years for the foreclosure to be removed. And yes Fannie Mae may lend to you in two years, but not likely.

    All for the low low price of $995 – on sale now. Just another rip off by bottom feeders. Expect more of these as things get worse.

    January 29, 2008 at 10:47 PM #145258
    bubba99
    Participant

    This looks like a variation of the “Repair your Credit Scam”. The “kit” offers nothing that is not already guaranteed by law – right to walk away from purchase money mortgages, and phrases like “You CAN have the foreclosure REMOVED from your credit!”. All true, but it takes 7 years for the foreclosure to be removed. And yes Fannie Mae may lend to you in two years, but not likely.

    All for the low low price of $995 – on sale now. Just another rip off by bottom feeders. Expect more of these as things get worse.

    January 29, 2008 at 10:47 PM #145287
    bubba99
    Participant

    This looks like a variation of the “Repair your Credit Scam”. The “kit” offers nothing that is not already guaranteed by law – right to walk away from purchase money mortgages, and phrases like “You CAN have the foreclosure REMOVED from your credit!”. All true, but it takes 7 years for the foreclosure to be removed. And yes Fannie Mae may lend to you in two years, but not likely.

    All for the low low price of $995 – on sale now. Just another rip off by bottom feeders. Expect more of these as things get worse.

    January 29, 2008 at 10:47 PM #145289
    bubba99
    Participant

    This looks like a variation of the “Repair your Credit Scam”. The “kit” offers nothing that is not already guaranteed by law – right to walk away from purchase money mortgages, and phrases like “You CAN have the foreclosure REMOVED from your credit!”. All true, but it takes 7 years for the foreclosure to be removed. And yes Fannie Mae may lend to you in two years, but not likely.

    All for the low low price of $995 – on sale now. Just another rip off by bottom feeders. Expect more of these as things get worse.

    January 29, 2008 at 10:47 PM #145361
    bubba99
    Participant

    This looks like a variation of the “Repair your Credit Scam”. The “kit” offers nothing that is not already guaranteed by law – right to walk away from purchase money mortgages, and phrases like “You CAN have the foreclosure REMOVED from your credit!”. All true, but it takes 7 years for the foreclosure to be removed. And yes Fannie Mae may lend to you in two years, but not likely.

    All for the low low price of $995 – on sale now. Just another rip off by bottom feeders. Expect more of these as things get worse.

    January 30, 2008 at 11:52 AM #145240
    recordsclerk
    Participant

    I’ve been a short sale that the buyer has stated that they are in the process of moving to their new home that they just purchased. I also spoke to a small store owner that is going to to the same thing. This is going to be big, people will walk away from being under water even if they can afford their payments. It’s not just going to be people that can’t afford payments after their teaser rate changes. Once this becomes more common place the majority of people underwater might do the same thing.

    January 30, 2008 at 11:52 AM #145479
    recordsclerk
    Participant

    I’ve been a short sale that the buyer has stated that they are in the process of moving to their new home that they just purchased. I also spoke to a small store owner that is going to to the same thing. This is going to be big, people will walk away from being under water even if they can afford their payments. It’s not just going to be people that can’t afford payments after their teaser rate changes. Once this becomes more common place the majority of people underwater might do the same thing.

    January 30, 2008 at 11:52 AM #145507
    recordsclerk
    Participant

    I’ve been a short sale that the buyer has stated that they are in the process of moving to their new home that they just purchased. I also spoke to a small store owner that is going to to the same thing. This is going to be big, people will walk away from being under water even if they can afford their payments. It’s not just going to be people that can’t afford payments after their teaser rate changes. Once this becomes more common place the majority of people underwater might do the same thing.

    January 30, 2008 at 11:52 AM #145517
    recordsclerk
    Participant

    I’ve been a short sale that the buyer has stated that they are in the process of moving to their new home that they just purchased. I also spoke to a small store owner that is going to to the same thing. This is going to be big, people will walk away from being under water even if they can afford their payments. It’s not just going to be people that can’t afford payments after their teaser rate changes. Once this becomes more common place the majority of people underwater might do the same thing.

    January 30, 2008 at 11:52 AM #145581
    recordsclerk
    Participant

    I’ve been a short sale that the buyer has stated that they are in the process of moving to their new home that they just purchased. I also spoke to a small store owner that is going to to the same thing. This is going to be big, people will walk away from being under water even if they can afford their payments. It’s not just going to be people that can’t afford payments after their teaser rate changes. Once this becomes more common place the majority of people underwater might do the same thing.

    January 30, 2008 at 11:56 AM #145249
    Raybyrnes
    Participant

    Rates have come down. What to say when payments resent that the borrower is not going to be in the smae position payment wise that they were when they took out the loan.

    January 30, 2008 at 11:56 AM #145490
    Raybyrnes
    Participant

    Rates have come down. What to say when payments resent that the borrower is not going to be in the smae position payment wise that they were when they took out the loan.

    January 30, 2008 at 11:56 AM #145520
    Raybyrnes
    Participant

    Rates have come down. What to say when payments resent that the borrower is not going to be in the smae position payment wise that they were when they took out the loan.

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