allan

Total Rating:
0 / 0

11 Comments

    • Sun May 18th 02:40 AM | Rating: 0 0
      Commented on:
      How to Default on Your Mortgage and Stay in Your House
      Can you say Sino/American corporate power structure?
      View article »
    • Sun May 18th 02:34 AM | Rating: 0 0
      Commented on:
      How to Default on Your Mortgage and Stay in Your House
      Multiply User 194313 by millions. The corporations may control our government currently, but they can't eliminate our vote. These are the moments in history that drive monumental change. Within 10 years we'll see a new party whose platform centers on Protectionism and Regulation. It's time to take America back from Red China.
      View article »
    • Sat May 17th 23:06 PM | Rating: 0 0
      Commented on:
      How to Default on Your Mortgage and Stay in Your House
      Right on. Who are these brainwashed corporate zombies posting. The rules of the game have changed and Corporate America changed them. It's every financial entity for himself.
      View article »
    • Sat May 17th 22:14 PM | Rating: 0 0
      Commented on:
      How to Default on Your Mortgage and Stay in Your House
      There's nothing Patriotic about spending your last dollar on a mortgage payment while your family suffers. Righteous indignation usually masks some dark weakness. What's your temptation?
      View article »
    • Sat May 17th 13:01 PM | Rating: 0 0
      Commented on:
      How to Default on Your Mortgage and Stay in Your House
      Ah, the "morality" of Capitalism. It seems to me, the burden of morality should rest with the "professional&quo... lender when dealing with the "amateur" borrower. The lender has the "moral" obligation to ensure it's product and terms will meet the needs of the borrower. I guess commisions, bonuses, and options are now the lenders primary obligations.
      View article »
    • Sat May 17th 12:18 PM | Rating: 0 0
      Commented on:
      How to Default on Your Mortgage and Stay in Your House
      Corporate America broke the contract with the Middle Class starting about 1975. If these poor lenders don't like the terms of these mortgages, they shoundn't agree to them. Capitalism is an ugly beast. Get used to it.
      View article »
    • Fri May 16th 23:14 PM | Rating: 0 0
      Commented on:
      How to Default on Your Mortgage and Stay in Your House
      Most employers will fire an employee if they can save a dollar by doing it. Nothing personal, just business. Sorry 'bout that. All you rightious critics are the same ones always harping about loyalty to your employer. Then your blindsided by HR and wonder why you did'nt earn THEIR loyalty. These mortgages are governed by the contract agreed to by both parties. Either party can breach the contract and accept whatever penalty allowed by the contract.
      There is no morality involved. Always protect yourself first.
      View article »
    • Sun Mar 30th 03:26 AM | Rating: 0 0
      Commented on:
      Home Prices Fall 11.4% in January: A Chance to Hit Bottom?
      Sorry to keep pounding you Tom, but I forgot the best part. I suppose the lender could 'forgive' the current difference in principle owed, but what about next year if value drops another 10-30%. Will the homeowner default anyway on his failed investment? Will the lender capitulate again? And what about the following year. And I'm not sure how your 'government' guarantee works, but count on anything the 'government' guarantees as a taxpayer bailout. You and I WILL pay for it. Everyone is a winner...NOT.
      View article »
    • Sun Mar 30th 02:49 AM | Rating: 0 0
      Commented on:
      Home Prices Fall 11.4% in January: A Chance to Hit Bottom?
      Tom, Tom, Tom. Where do I begin. All these 'households' you're referring to are making what...$20...40...60K. Hah. Good luck qualifying at these prices with no down payment and severe consumer debt. And good luck to a new investor/landlord attempting positive cash flows at these cap rates. Prices will stabilize when Joe Sixpack can qualify for a 30 year fixed mortgage. Till then he needs to start saving that down payment. Prices will stabilize when Joe Investor can generate positive cash flows. Till then he'll invest in Pork Bellies.
      As far as replacement value, that means nothing. Why do you think builders stopped building. I bet construction labor (and eventually materials) is dropping like a rock. Lots of contractors are getting nervous. Will work for food! You're right about one thing. It is temporary. Go Vikings.
      View article »
    • Wed Mar 5th 13:09 PM | Rating: 0 0
      Commented on:
      Homeowners Feel the Pain of Over-Improvement Syndrome
      I can envision one day when the outlying neighborhoods are slums just like 2nd and 3rd world countries (think Rio de Jenereio, Brazil). McMansions dissected into drug infested tenements just like beautiful 20th century inner city mansions were when they fell out of favor. I wonder if Europe has allowed this sprawl since I left Germany in 1990?
      View article »
    • Tue Mar 4th 12:09 PM | Rating: 0 0
      Commented on:
      Homeowners Feel the Pain of Over-Improvement Syndrome
      A granite counter in the ghetto is worthless. That's the point.
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»