Reply #51: I did read it and they were STUPID! and...

[Didereaux]

Let me put it to you this way, you're are in fact arguing that if a grifter sells someone the Brooklyn Bridge then the buyer does in fact now have a claim on the bridge! What you are COMPLETELY overlooking is that the mortgage broker(owner financing excepted) does NOT own the house it finances until such time as the loan defaults. The developer owns the house until it is bought and paid for(mortgagor). Look, yes they are blind, but unless they were declared mentally incompetent at the time of the sale, they share culpability...they cannot simply enter into a fraudulent scheme, claim stupidity and retain the house! Now if they were to sue the Mortgage company for damages and pain and suffering etc and collect enough money after atty fees then they could pay off the mortgage and would have their house.

Kneejerk, ill informed emotional diatribes do not help anyone, and in fact such touchy-feely shit as this aided in no small part to the arguments to tighten the bankruptcy laws and consumer laws in favor of the damned banks and such. The general level of ignorance of the public is its own worst enemy.

My advice is sit down the next time you run across one of these items, put it on a list...when the list gets to say ten or so then research the WHOLE facts of each one. At that time choose the one most likely to be won and focus on that issue. You'll add years to your life, what with the decrease in overall stress from NOT arguing lost or false causes.

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