I always wondered about this:click this free lunch/rent/ thing irks me to the core. I have big time resentments about it. I can understand if someone has a severe health issue, death, but for healthy capable people its hard for me to find compassion. I remember when I was a young gal, a hundred years ago, or so it seems, by myself, working with no support whatsoever, living and working pay check to pay check, having to work through the pain of just having appendicitis surgery, wishing I could just catch a break for one month to make it through.... I will never forget those days. but I dont regret them either. If you put your money on the "pass" line expect two outcomes.
the good bad and the ugly:
bankers, 3 months foreclosure:click
did you read the part where it says, the banks wont go after the unpaid debt if the house isnt trashed?????
we agree March will be interesting, along with August when all those ARMS recast.
think of of a 400k mortgage going from 1300 a month to 2500 a month, big jump.