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To: precisionshootist
I’m not sure what to think about this “underwater” concept of mortgages

Let me help.

Try loosing your job, having to take a job 400 miles away because it was the only one you could find in 6 months of looking, even if you have to take a 15% pay cut, not being able to sell your house because its value has dropped about 20%, so you either live in a camper while your family (with four kids) stays in the house with no hope of being reunited with your family within the next 5 years due to the crappy home market.

That's not a made up crisis. It's all too real.

Glad I could help.

17 posted on 05/18/2010 5:46:51 PM PDT by Jotmo (Has 0bama fixed my soul yet?)
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To: Jotmo

I know people who are having to make choices they never would have made five years ago - these are hard times for so many... You’re in my prayers Jotmo


19 posted on 05/18/2010 6:09:08 PM PDT by GOPJ (Americans..speak of capitalism's glories(rather)than of socialism's greatness. Elena Kagan (thesis))
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