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re: What's your opinion of people who are underwater on their mortgages?
Posted on 6/16/15 at 12:12 pm to gorillacoco
Posted on 6/16/15 at 12:12 pm to gorillacoco
quote:
Is it their fault that the home lost value? Do you think they owe the bank the full price of the home?
No its not their fault unless they bought in a bad area where a little homework would have told them it was going to tank..
Yes they owe it. Why wouldn't they?
1
Posted on 6/16/15 at 3:59 pm to Catman88
quote:
quote: Is it their fault that the home lost value? Do you think they owe the bank the full price of the home?
Kind of hard to do this when you get divorced and she gets over 50% of your take home pay each month.
There are circumstances that happen to people unfortunately.
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