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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: JBTFD who wrote (105396)2/16/2008 2:59:39 PM
From: MulhollandDriveRead Replies (2) of 306849
 
especially with a high fico and income...that's just nutz, i hope you are right, lenders need to pay hardball with jerks like this

but you see where this is going....

if a guy like decides he just doesn't want to continue making higher payments (after the reset), well, why not just stop? after all, (his house is worth a grand total of $25k less than he paid)...stop paying, force the bank into foreclosure, live rent free for 6 months to a year, and cya later
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