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n2doc (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 08:32 AM Original message |
Sinking values prompting homeowners to consider strategic default |
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Uben (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 09:01 AM Response to Original message |
1. What? They are cheaters........ |
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n2doc (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 09:06 AM Response to Reply #1 |
2. In other words, they aren't rich enough to be allowed to Cheat! |
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Fumesucker (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 09:08 AM Response to Original message |
3. Default is part of the contract.. |
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coalition_unwilling (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 09:47 AM Response to Reply #3 |
5. That is so true. The banks and investors who loan the money |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 10:46 AM Response to Reply #3 |
10. Yes, that is correct, but the contract doesn't fully explain how a default affects the borrower |
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Fumesucker (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 11:08 AM Response to Reply #10 |
14. My point was to the "morality" of the default.. |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 11:18 AM Response to Reply #14 |
15. It's perfectly moral to default even if you can make the payments |
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Name removed (0 posts) Send PM | Profile | Ignore | Sun May-22-11 09:11 AM Response to Original message |
4. Deleted message |
lunatica (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 09:59 AM Response to Original message |
6. At this point in our economy it's bogus and plain ignorant to talk morality |
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coalition_unwilling (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 10:17 AM Response to Reply #6 |
8. Thank you. There is a contract and it specifies exactly what |
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Horse with no Name (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 10:07 AM Response to Original message |
7. My mom was telling me (in Arizona) that she works with several |
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spartan61 (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 10:44 AM Response to Reply #7 |
9. And they think this mortgage mess is all |
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Horse with no Name (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 10:47 AM Response to Reply #9 |
11. Worse than that...they think EVERYTHING is his fault |
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eilen (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 10:51 AM Response to Original message |
12. Ironically, this was on my front page today: |
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eilen (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 10:55 AM Response to Original message |
13. Just to add-- Courts say that |
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Liberal_in_LA (1000+ posts) Send PM | Profile | Ignore | Sun May-22-11 11:57 AM Response to Original message |
16. Townhouse community is cutting its own throat by not letting owners rent out |
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DU AdBot (1000+ posts) | Thu Sep 26th 2024, 04:16 PM Response to Original message |
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