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To: Hydroshock

So Linda saw a few episodes of ‘Flip this house’ and decided she was going to get rich quick and be a real estate baroness. Woops!


2 posted on 08/13/2007 5:32:59 AM PDT by Spruce
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To: Spruce
Woops!

Woops on us as we bail out the banks and these real estate tycoons.

3 posted on 08/13/2007 5:35:16 AM PDT by Half Vast Conspiracy (Can I cast the second stone?)
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To: Spruce

To be fair, “Flip This House” shows losers too. But being humans, what everybody remembers is the bonanza episodes.


4 posted on 08/13/2007 5:35:37 AM PDT by bvw
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To: Spruce
When Martin refinanced the mortgages on her home and two rental properties in October 2004, she said she owed a total of $735,000. The combined debt now stands at $777,000 and is growing by more than $2,000 each month.

Martin says she would have never refinanced if a mortgage broker hadn’t misled her about how the new loans worked — a frequent complaint among borrowers with option-ARMs.

It's always someone else's fault.

7 posted on 08/13/2007 5:40:59 AM PDT by randita
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To: Spruce

A fool and her money.....

The same thing, over and over again. Just the names and asset classes change.


10 posted on 08/13/2007 6:34:52 AM PDT by dashing doofus (Those who are too smart to engage in politics are punished by being governed by those who are dumber)
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