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jimg111
ParticipantThe banks would foreclose if they could. If they foreclosed on all the deadbeats like Bill they would be insolvent, they can’t hold up their end of the contract to foreclose if Bill doesn’t pay, it would be a death sentence. Bill of course is taking advantage of this and we as taxpayers and our children will be footing the bill via a lower standard of living for decades.
ParticipantThe banks would foreclose if they could. If they foreclosed on all the deadbeats like Bill they would be insolvent, they can’t hold up their end of the contract to foreclose if Bill doesn’t pay, it would be a death sentence. Bill of course is taking advantage of this and we as taxpayers and our children will be footing the bill via a lower standard of living for decades.
ParticipantThe banks would foreclose if they could. If they foreclosed on all the deadbeats like Bill they would be insolvent, they can’t hold up their end of the contract to foreclose if Bill doesn’t pay, it would be a death sentence. Bill of course is taking advantage of this and we as taxpayers and our children will be footing the bill via a lower standard of living for decades.
ParticipantThe banks would foreclose if they could. If they foreclosed on all the deadbeats like Bill they would be insolvent, they can’t hold up their end of the contract to foreclose if Bill doesn’t pay, it would be a death sentence. Bill of course is taking advantage of this and we as taxpayers and our children will be footing the bill via a lower standard of living for decades.
February 22, 2010 at 7:00 PM in reply to: About half of U.S. mortgages seen underwater by 2011 #516891ParticipantThis will end badly as long as the government is involved. Interest rates will rise in a few months and prices will decline, more lost equity and more foreclosures,short sales etc…Oh and more free rent.
February 22, 2010 at 7:00 PM in reply to: About half of U.S. mortgages seen underwater by 2011 #517417ParticipantThis will end badly as long as the government is involved. Interest rates will rise in a few months and prices will decline, more lost equity and more foreclosures,short sales etc…Oh and more free rent.
February 22, 2010 at 7:00 PM in reply to: About half of U.S. mortgages seen underwater by 2011 #517669ParticipantThis will end badly as long as the government is involved. Interest rates will rise in a few months and prices will decline, more lost equity and more foreclosures,short sales etc…Oh and more free rent.
February 22, 2010 at 7:00 PM in reply to: About half of U.S. mortgages seen underwater by 2011 #517326ParticipantThis will end badly as long as the government is involved. Interest rates will rise in a few months and prices will decline, more lost equity and more foreclosures,short sales etc…Oh and more free rent.
February 22, 2010 at 7:00 PM in reply to: About half of U.S. mortgages seen underwater by 2011 #516748ParticipantThis will end badly as long as the government is involved. Interest rates will rise in a few months and prices will decline, more lost equity and more foreclosures,short sales etc…Oh and more free rent.
February 21, 2010 at 3:45 PM in reply to: About half of U.S. mortgages seen underwater by 2011 #516344ParticipantOk so if the banks are bailed out yet again then who is going to bail out the government? The treasury auction last week was considered a failure by Rick Santelli and the Chinese have already begun to dump their US holdings. Game, set match, nothing left to do but let capitalism determine the true value of real estate.
February 21, 2010 at 3:45 PM in reply to: About half of U.S. mortgages seen underwater by 2011 #517121ParticipantOk so if the banks are bailed out yet again then who is going to bail out the government? The treasury auction last week was considered a failure by Rick Santelli and the Chinese have already begun to dump their US holdings. Game, set match, nothing left to do but let capitalism determine the true value of real estate.
February 21, 2010 at 3:45 PM in reply to: About half of U.S. mortgages seen underwater by 2011 #516775ParticipantOk so if the banks are bailed out yet again then who is going to bail out the government? The treasury auction last week was considered a failure by Rick Santelli and the Chinese have already begun to dump their US holdings. Game, set match, nothing left to do but let capitalism determine the true value of real estate.
February 21, 2010 at 3:45 PM in reply to: About half of U.S. mortgages seen underwater by 2011 #516203ParticipantOk so if the banks are bailed out yet again then who is going to bail out the government? The treasury auction last week was considered a failure by Rick Santelli and the Chinese have already begun to dump their US holdings. Game, set match, nothing left to do but let capitalism determine the true value of real estate.
February 21, 2010 at 3:45 PM in reply to: About half of U.S. mortgages seen underwater by 2011 #516867ParticipantOk so if the banks are bailed out yet again then who is going to bail out the government? The treasury auction last week was considered a failure by Rick Santelli and the Chinese have already begun to dump their US holdings. Game, set match, nothing left to do but let capitalism determine the true value of real estate.
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