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fun4vnay2
Participantdonaldduckmoore:
The bank did reduce his principal amount if my friend understands it properly.
Actually, my colleague is too naive to understand how come he got this deal.
But he knows one thing for sure: Instead of paying $4k for 26 years, now he has to pay $2k for 30 years to own the house.and he is a happy man!!
fun4vnay2
Participantdonaldduckmoore:
The bank did reduce his principal amount if my friend understands it properly.
Actually, my colleague is too naive to understand how come he got this deal.
But he knows one thing for sure: Instead of paying $4k for 26 years, now he has to pay $2k for 30 years to own the house.and he is a happy man!!
fun4vnay2
Participantdonaldduckmoore:
The bank did reduce his principal amount if my friend understands it properly.
Actually, my colleague is too naive to understand how come he got this deal.
But he knows one thing for sure: Instead of paying $4k for 26 years, now he has to pay $2k for 30 years to own the house.and he is a happy man!!
fun4vnay2
Participantdonaldduckmoore:
The bank did reduce his principal amount if my friend understands it properly.
Actually, my colleague is too naive to understand how come he got this deal.
But he knows one thing for sure: Instead of paying $4k for 26 years, now he has to pay $2k for 30 years to own the house.and he is a happy man!!
fun4vnay2
Participantdonaldduckmoore:
The bank did reduce his principal amount if my friend understands it properly.
Actually, my colleague is too naive to understand how come he got this deal.
But he knows one thing for sure: Instead of paying $4k for 26 years, now he has to pay $2k for 30 years to own the house.and he is a happy man!!
fun4vnay2
ParticipantHere is one forclosure prevented by Bank/Govt:
One of my colleague bought a house for half a million 4 years back and his monthly payment was $4K. With the recent divorce, he was unable to make mortgage payments and for the last 6/7 months he was not making payments hoping to do short sale.
He is a very nice/easy going simple guy but financially irresponsible who likes to drive $40k car with toy like $8K in his driveway.
Last week he told me that, bank did some deal with him taking advantage of bailout, now he is able to keep his house paying just $2k/month for next 30 years which is what he can afford.
I am very happy for my colleague since I like him personally though I know that we all are footing the bill for this bailout.
At the same time, I think I have missed an opportunity to get bail out from govt.
Sometimes, I think I should have bought a million dollar house in 2006 though I cant afford it but anyway I would have been bailed out by bank/govt.
Being over analytical/financial responsible kind of kicked me back.fun4vnay2
ParticipantHere is one forclosure prevented by Bank/Govt:
One of my colleague bought a house for half a million 4 years back and his monthly payment was $4K. With the recent divorce, he was unable to make mortgage payments and for the last 6/7 months he was not making payments hoping to do short sale.
He is a very nice/easy going simple guy but financially irresponsible who likes to drive $40k car with toy like $8K in his driveway.
Last week he told me that, bank did some deal with him taking advantage of bailout, now he is able to keep his house paying just $2k/month for next 30 years which is what he can afford.
I am very happy for my colleague since I like him personally though I know that we all are footing the bill for this bailout.
At the same time, I think I have missed an opportunity to get bail out from govt.
Sometimes, I think I should have bought a million dollar house in 2006 though I cant afford it but anyway I would have been bailed out by bank/govt.
Being over analytical/financial responsible kind of kicked me back.fun4vnay2
ParticipantHere is one forclosure prevented by Bank/Govt:
One of my colleague bought a house for half a million 4 years back and his monthly payment was $4K. With the recent divorce, he was unable to make mortgage payments and for the last 6/7 months he was not making payments hoping to do short sale.
He is a very nice/easy going simple guy but financially irresponsible who likes to drive $40k car with toy like $8K in his driveway.
Last week he told me that, bank did some deal with him taking advantage of bailout, now he is able to keep his house paying just $2k/month for next 30 years which is what he can afford.
I am very happy for my colleague since I like him personally though I know that we all are footing the bill for this bailout.
At the same time, I think I have missed an opportunity to get bail out from govt.
Sometimes, I think I should have bought a million dollar house in 2006 though I cant afford it but anyway I would have been bailed out by bank/govt.
Being over analytical/financial responsible kind of kicked me back.fun4vnay2
ParticipantHere is one forclosure prevented by Bank/Govt:
One of my colleague bought a house for half a million 4 years back and his monthly payment was $4K. With the recent divorce, he was unable to make mortgage payments and for the last 6/7 months he was not making payments hoping to do short sale.
He is a very nice/easy going simple guy but financially irresponsible who likes to drive $40k car with toy like $8K in his driveway.
Last week he told me that, bank did some deal with him taking advantage of bailout, now he is able to keep his house paying just $2k/month for next 30 years which is what he can afford.
I am very happy for my colleague since I like him personally though I know that we all are footing the bill for this bailout.
At the same time, I think I have missed an opportunity to get bail out from govt.
Sometimes, I think I should have bought a million dollar house in 2006 though I cant afford it but anyway I would have been bailed out by bank/govt.
Being over analytical/financial responsible kind of kicked me back.fun4vnay2
ParticipantHere is one forclosure prevented by Bank/Govt:
One of my colleague bought a house for half a million 4 years back and his monthly payment was $4K. With the recent divorce, he was unable to make mortgage payments and for the last 6/7 months he was not making payments hoping to do short sale.
He is a very nice/easy going simple guy but financially irresponsible who likes to drive $40k car with toy like $8K in his driveway.
Last week he told me that, bank did some deal with him taking advantage of bailout, now he is able to keep his house paying just $2k/month for next 30 years which is what he can afford.
I am very happy for my colleague since I like him personally though I know that we all are footing the bill for this bailout.
At the same time, I think I have missed an opportunity to get bail out from govt.
Sometimes, I think I should have bought a million dollar house in 2006 though I cant afford it but anyway I would have been bailed out by bank/govt.
Being over analytical/financial responsible kind of kicked me back.fun4vnay2
ParticipantI work for qc and they are always laying off people in very small numbers/ they never announce it though
BTW: QC revenue is >$9B/year
fun4vnay2
ParticipantI work for qc and they are always laying off people in very small numbers/ they never announce it though
BTW: QC revenue is >$9B/year
fun4vnay2
ParticipantI work for qc and they are always laying off people in very small numbers/ they never announce it though
BTW: QC revenue is >$9B/year
fun4vnay2
ParticipantI work for qc and they are always laying off people in very small numbers/ they never announce it though
BTW: QC revenue is >$9B/year
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