Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: reaper who wrote (145275)	1/22/2002 7:00:04 PM
From: Tradelite	Read Replies (4) of 436258

If I respond to the comments on this thread, my responses will simply repeat what I've already said on another SI thread. I do think it's a shame that people are more forced into short-term thinking that they used to be. But there are solutions for holding onto one's house if forced to move. Consult a financial advisor. As for the land/dwelling ratio, most of the value of my home is in the land, according to the tax assessor and the market if I tried to sell it----same for most everyone else in my area. That's a fact of life. I'm only half joking if I say most homeowners here would make out better if the house catches fire----they collect insurance and still have the land. And when you, reaper, say you sold your house to the bank, I have a question: Who will collect the insurance if your home burns to the ground? You will, so I say you are the owner. By the way, you can take out a few more loans on the place, too, as long as someone is willing to lend you the money and take second or third or fourth position on the loan in the event of foreclosure--so again, I say you own it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next