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To: Lokibob

$2400/month= $28,800/year= 864,000/30 years= one really big house or one overpriced house in an overpriced city. They were trying to keep up with the Joneses and now have mortgaged themselves into debt. I don’t feel sorry for them!


20 posted on 08/13/2007 8:09:37 AM PDT by goodwithagun (My gun has killed less people than Ted Kennedy's car.)
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To: goodwithagun
I have a 800,000 mortgage at 6.25 fixed with my former my credit union. (nice company) and my payments are 5,500/month.

They purchased a huge house on less than a interest only mortgage.. Something really stinks with this set up. Maybe Holly Hillery did the financing.

If they were on unemployment when this deal went down the paperwork had to be a fraud situation.

38 posted on 08/13/2007 9:19:52 AM PDT by primatreat (Alzheimer's glory is knocking at my door: I want Fred in the house before I open the door to Alzh.)
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