To: albie
...and Northern Virginia, too. Gah. They're turning Virginia into a tax-happy state like Taxachusetts.
8 posted on
12/13/2006 8:06:22 AM PST by
rabscuttle385
(Sic Semper Tyrannis * Allen for U.S. Senate in '08)
To: rabscuttle385
...and Northern Virginia, too. Gah. They're turning Virginia into a tax-happy state like Taxachusetts.
The problem with this is I'll feel inclined to move further south. Texas is out after the Bonilla loss. Perhaps Charleston, SC or the western panhandle of Florida. Golden Isles in GA.
12 posted on
12/13/2006 8:14:39 AM PST by
albie
To: rabscuttle385
Some liberal states have taxes that nearly equal the amount of the annual payment.
It makes sense that if a home buyer was able to but one of these grossly over priced homes with no money down, merely finance the closing costs, (Like Fanny May) it makes sense that because the Market value is falling below the original loan high balance, simply walk away and file Bankruptcy. Then go back and do it again when the market becomes reasonable again.
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