To: Hydroshock
Yes. The mortgage was a mistake. So too were the flat-panel television, the nice vacation, dog, daily dog-walker, and the pregnancy. A fool and his money...
7 posted on
08/21/2007 8:27:09 AM PDT by
this is my name not yours
(Free speech is the escape valve that keeps some people from picking up a rifle.)
To: this is my name not yours
Uncle Sam? Can I borrow some money? We’re a little short this month.
9 posted on
08/21/2007 8:29:29 AM PDT by
babble-on
To: this is my name not yours
Not necessarily. The writer and his wife make a lot of money and the mortgage doesn’t reset until 2010.
11 posted on
08/21/2007 8:30:07 AM PDT by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: this is my name not yours
The borrower is servant to the lender.
These folks are off their rocker, anyone who is willing to hand you money with a mere signature in return is expecting to make a nice chunk of change off of that signature..
On the bright side though, flat panel TV’s are really cheap on the used market...LOL!
17 posted on
08/21/2007 8:32:30 AM PDT by
padre35
(Conservative in Exile.)
To: this is my name not yours
I am past retirement age and won’t be buying another house. I would never have considered an interest only mortgage. How could you ever gain. You would have to see 12% annual appreciation to get ahead. This is a professional couple. Where is the common sense?
41 posted on
08/21/2007 8:47:01 AM PDT by
DaltonNC
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