Workshop Focuses On Ways To Prevent Foreclosure - News Story - ...
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#1 May 9, 2008
We can rest, thrilled to death about Fairfax County and Virginia training people to help out foreclosed homes and junk. Where were these brilliant folks when the dumbos took out mortages they did not understand? Yeah, people have to be protected from themselves. The real shame is that these dumbos have dragged us all into the subprime loan mess. Do these dumbos expect the taxpayer to bail out the mortage companies and borrowers? Perhaps we can bail out lower priced homes if the borrower is a single mother or something like that, but to bailout people who not only borrowed enough for a huge house when their income dictated a home of much lesser value then the answer to a bailout is heck no.
#2 May 9, 2008
Unfortunately some people bought homes they could not afford, didn't read the fine print on the loan paperwork and are now stuck. Come on people purchase a home you can afford within your budget! For those that borrowed against your mortgage what did you think would eventually happen anyhow.
#3 May 9, 2008
I have a novel idea on how to avoid foreclosure- First, don't buy a house you know you can't afford, and secondly, when you buy a house that is affordable, make the payments on time just like the rest of us working stiffs out here do. Lastly, when you get in over your head, don't expect a handout for the stupidity you showed by getting yourself in this mess in the first place.
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