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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:24 PM Original message |
I could have easily fallen into the adjustable rate, and interest only mortgage scams |
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Bluebear (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:24 PM Response to Original message |
1. Of course, Don. These people who snoot that people were "stupid" & don't deserve a hand |
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NMDemDist2 (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:25 PM Response to Original message |
2. sadly that is exactly what happened to the young woman who bought my PHX home |
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Greyhound (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:26 PM Response to Original message |
3. The day I meet a realtor that says "this is not a great time to buy", (s)he will |
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Gman (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:28 PM Response to Original message |
4. I have an ARM |
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OwnedByFerrets (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:28 PM Response to Original message |
5. Not all were susceptable, but I do have compassion for |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:29 PM Response to Original message |
6. We bought two houses in a sellers' market and sold both in a buyers' market |
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CoffeeCat (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:34 PM Response to Original message |
7. When we sat down to buy our house... |
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varelse (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 08:11 PM Response to Reply #7 |
17. TwoAmericas - so many of your replies |
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dansolo (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:58 PM Response to Reply #7 |
22. And the Truth in Lending for ARMSs are really whacked |
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demnan (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:38 PM Response to Original message |
8. I got an ARM when I bought my condo in 2004 |
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EFerrari (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:42 PM Response to Original message |
9. There's always a few people who do what they can get away with |
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wryter2000 (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:43 PM Response to Original message |
10. I defy anyone to admit honestly that they understood all the paperwork |
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WorseBeforeBetter (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:50 PM Response to Original message |
11. My thoughts on this are going to be unpopular... |
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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 06:58 PM Response to Reply #11 |
12. I requested and received fixed rate loans for the two houses I have purchased too |
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WorseBeforeBetter (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 07:12 PM Response to Reply #12 |
13. I would have walked away, but again, I'm not a financial risk-taker. |
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NNN0LHI (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 07:18 PM Response to Reply #13 |
14. I was not addressing flippers and speculators here at all |
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Madrone (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 08:08 PM Response to Reply #14 |
16. I'm sorry, but I'm a "no time" homebuyer - and for a reason. |
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WorseBeforeBetter (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:45 PM Response to Reply #14 |
18. I'm just frustrated beyond belief over this bailout... |
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HillbillyBob (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 07:35 PM Response to Original message |
15. My first home was a balloon, I was 19 |
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sandnsea (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:51 PM Response to Original message |
19. Or this 1,000 sq ft for $199,000 |
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rucky (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:55 PM Response to Original message |
20. Yep. |
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4lbs (1000+ posts) Send PM | Profile | Ignore | Fri Sep-26-08 11:56 PM Response to Original message |
21. My father told me to never, ever, get an ARM, unless you have the ability to pay it off in 5 years. |
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