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Message Subject Wow! You don't have to have missed a payment now for the banks to STEAL your property! They are doing it through "Appraisals"!
Poster Handle Anonymous Coward
Post Content
Honestly they are doing them a favor.


If you owe 750,000 dollars on a home that is worth 300,000 you are 450,000 upside down.

Say like the home value never recovers you could end up paying 2 million dollars over 30 years for a 300k home

Fuck that, get out and start over in a home that you pay what it's worth.
 Quoting: FatalW1shes


Yeah well, we all bailed their asses out didn't we? I don't know what the elderly are going to do when they have to downsize and sell their homes or even people that have to move.
 
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