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To: Lorianne
But don’t you feel sorry for them?

LOL

15 posted on 12/07/2009 11:12:31 AM PST by from occupied ga (Your most dangerous enemy is your own government,)
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To: from occupied ga

Back in 2001, my daughter and her husband bought a home for $160K, Over the next few years its value inflated to over $500K. At every opportunity, they refi’d. When their last subprime loan reset, they could no longer make their payments. Somehow they ended up owing about $550K. They lost the house thru a short sale for $275K. So over a few years they took out nearly $400K. Of course, they did have new SUV’s, RV’s, off-road toys, a boat and expensive vacations.


27 posted on 12/07/2009 11:34:56 AM PST by umgud (I couldn't understand why the ball kept getting bigger......... then it hit me.)
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