[GoUSC]

I am not happy about the legislation at all. It was rushed into passage, without a full debate. It does nothing about tort-reform. It is poorly thought out and hardly anyone read the damn thing. The bill was poisoned from the beginning because of the backroom deals done. The leaders i the Congress don’t care what their constituents say. I believe we will eventually see a repeal of this bill.

I am all for providing healthcare for those that can’t provide it for themselves. But I have lived in and experience socialized medicine. It is not the utopian experience that Michael Moore would like you to think. It is impossible to see a doctor in any amount of reasonable time. The quality of care can be good but often times is not. And this was in a 1st world country.

How can all of you say “It isn’t that great but it’s better than nothing.” Have we really become so apathetic that we will allow our elected officials come up with and approve a trillion dollar program and be okay with it because it is the “lesser of two evils”? No wonder this country is going in the shitter.

[GoUSC]

While I do agree that the buyers are as much a part of the problem as the sellers I think that we do need to take into consideration the pressure that was put on buyers. You had brokers, mortgage brokers, the news, the Realtor Association, friends, etc. all pressuring people to buy. You were told by the main stream media that you could be priced out of the market forever…

Look I am not justifying any of this but if you are non real estate professional with friends who were all making money on RE it is very easy to understand how people made bad decisions. They were talked into complex loans where the supposide expert (aka Mortgage Broker) just fed them a line of bullshit that on face value they took for the truth. I didn’t buy a place until May of this year…but that’s because I work in RE and understood what was going on.

I understand why some of those completely underwater feel the way they do… Especially when they see the big banks getting bailed out and the execs still making millions.

[GoUSC]

While I do agree that the buyers are as much a part of the problem as the sellers I think that we do need to take into consideration the pressure that was put on buyers. You had brokers, mortgage brokers, the news, the Realtor Association, friends, etc. all pressuring people to buy. You were told by the main stream media that you could be priced out of the market forever…

Look I am not justifying any of this but if you are non real estate professional with friends who were all making money on RE it is very easy to understand how people made bad decisions. They were talked into complex loans where the supposide expert (aka Mortgage Broker) just fed them a line of bullshit that on face value they took for the truth. I didn’t buy a place until May of this year…but that’s because I work in RE and understood what was going on.

I understand why some of those completely underwater feel the way they do… Especially when they see the big banks getting bailed out and the execs still making millions.

[GoUSC]

While I do agree that the buyers are as much a part of the problem as the sellers I think that we do need to take into consideration the pressure that was put on buyers. You had brokers, mortgage brokers, the news, the Realtor Association, friends, etc. all pressuring people to buy. You were told by the main stream media that you could be priced out of the market forever…

Look I am not justifying any of this but if you are non real estate professional with friends who were all making money on RE it is very easy to understand how people made bad decisions. They were talked into complex loans where the supposide expert (aka Mortgage Broker) just fed them a line of bullshit that on face value they took for the truth. I didn’t buy a place until May of this year…but that’s because I work in RE and understood what was going on.

I understand why some of those completely underwater feel the way they do… Especially when they see the big banks getting bailed out and the execs still making millions.

[GoUSC]

While I do agree that the buyers are as much a part of the problem as the sellers I think that we do need to take into consideration the pressure that was put on buyers. You had brokers, mortgage brokers, the news, the Realtor Association, friends, etc. all pressuring people to buy. You were told by the main stream media that you could be priced out of the market forever…

Look I am not justifying any of this but if you are non real estate professional with friends who were all making money on RE it is very easy to understand how people made bad decisions. They were talked into complex loans where the supposide expert (aka Mortgage Broker) just fed them a line of bullshit that on face value they took for the truth. I didn’t buy a place until May of this year…but that’s because I work in RE and understood what was going on.

I understand why some of those completely underwater feel the way they do… Especially when they see the big banks getting bailed out and the execs still making millions.

[GoUSC]

While I do agree that the buyers are as much a part of the problem as the sellers I think that we do need to take into consideration the pressure that was put on buyers. You had brokers, mortgage brokers, the news, the Realtor Association, friends, etc. all pressuring people to buy. You were told by the main stream media that you could be priced out of the market forever…

Look I am not justifying any of this but if you are non real estate professional with friends who were all making money on RE it is very easy to understand how people made bad decisions. They were talked into complex loans where the supposide expert (aka Mortgage Broker) just fed them a line of bullshit that on face value they took for the truth. I didn’t buy a place until May of this year…but that’s because I work in RE and understood what was going on.

I understand why some of those completely underwater feel the way they do… Especially when they see the big banks getting bailed out and the execs still making millions.

[GoUSC]

While I can’t condone those people that used their home as an ATM and now are defaulting… There are a group of people out there that just bought at a badtime and now are underwriter. Every day on the news they hear about the billion $+ bailouts the banks were given and how the companies are paying out huge bonuses meanwhile they sit on underwater mortgages. I can’t blame them for walking away… This problem is going to get bigger and bigger I think.

[GoUSC]

While I can’t condone those people that used their home as an ATM and now are defaulting… There are a group of people out there that just bought at a badtime and now are underwriter. Every day on the news they hear about the billion $+ bailouts the banks were given and how the companies are paying out huge bonuses meanwhile they sit on underwater mortgages. I can’t blame them for walking away… This problem is going to get bigger and bigger I think.

[GoUSC]

While I can’t condone those people that used their home as an ATM and now are defaulting… There are a group of people out there that just bought at a badtime and now are underwriter. Every day on the news they hear about the billion $+ bailouts the banks were given and how the companies are paying out huge bonuses meanwhile they sit on underwater mortgages. I can’t blame them for walking away… This problem is going to get bigger and bigger I think.

[GoUSC]

While I can’t condone those people that used their home as an ATM and now are defaulting… There are a group of people out there that just bought at a badtime and now are underwriter. Every day on the news they hear about the billion $+ bailouts the banks were given and how the companies are paying out huge bonuses meanwhile they sit on underwater mortgages. I can’t blame them for walking away… This problem is going to get bigger and bigger I think.

[GoUSC]

While I can’t condone those people that used their home as an ATM and now are defaulting… There are a group of people out there that just bought at a badtime and now are underwriter. Every day on the news they hear about the billion $+ bailouts the banks were given and how the companies are paying out huge bonuses meanwhile they sit on underwater mortgages. I can’t blame them for walking away… This problem is going to get bigger and bigger I think.

[GoUSC]

I used a local broker with Wells Fargo. He closed a very complex FHA loan in 30 days (unheard of) and the rate was very competitive (5% back in August). The fees were also very fair (outside of FHA).

He understands the whole process to the tee and we were in contact with him and his processor every day. I have since referred him to quite a few people and they have all been VERY satisfied.

If you would like it email radelow AT yahoo DOT com

THANKS!

[GoUSC]

I used a local broker with Wells Fargo. He closed a very complex FHA loan in 30 days (unheard of) and the rate was very competitive (5% back in August). The fees were also very fair (outside of FHA).

He understands the whole process to the tee and we were in contact with him and his processor every day. I have since referred him to quite a few people and they have all been VERY satisfied.

If you would like it email radelow AT yahoo DOT com

THANKS!

[GoUSC]

I used a local broker with Wells Fargo. He closed a very complex FHA loan in 30 days (unheard of) and the rate was very competitive (5% back in August). The fees were also very fair (outside of FHA).

He understands the whole process to the tee and we were in contact with him and his processor every day. I have since referred him to quite a few people and they have all been VERY satisfied.

If you would like it email radelow AT yahoo DOT com

THANKS!

[GoUSC]

I used a local broker with Wells Fargo. He closed a very complex FHA loan in 30 days (unheard of) and the rate was very competitive (5% back in August). The fees were also very fair (outside of FHA).

He understands the whole process to the tee and we were in contact with him and his processor every day. I have since referred him to quite a few people and they have all been VERY satisfied.

If you would like it email radelow AT yahoo DOT com

THANKS!

[Author]

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