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Yeah. It's amazing in a country that is based on Rule of Law, that some people actually take their legally binding contracts seriously.
That legally-binding contract has two legally-binding options:
1. make your monthly payments to the bank and the bank allows you to remain in their property while slowly transferring ownership or, no less legal:
2. Quit making monthly payments to the banks and allow the bank to retain full possession of the property.
Option 2 is following the rule of law. Just because a bunch of corporate kneeknockers have convinced Americans it's wrong to employ option 2 doesn't make it so.
Home "owners" have no more moral obligation to the bank than the bank has to them...which is to say, quit feeling guilty and start walking.
IF you own a house I dare you to just walk away and believe there is no long term damage done by that action...
It was the Government that bail out the Banks that took away their "long term damage."
If enough people walk away from their mortgages as they should, you might get your wish there.Remember the what the Government said would happen if we didn't bail out corporations and banks? "IT HURTS YOU!" LOLZ....
The best thing that could have happened for the "little guy" is that corporations and banks were left to fail.
It's amazing to me that so many folks try so hard to stay in their severely-depreciated homes while they fall behind and more expensive terms kick in, wasting tens of thousands of dollars.
Drop the keys at the bank, find a rental and walk away.
Yeah. It's amazing in a country that is based on Rule of Law, that some people actually take their legally binding contracts seriously.
That legally-binding contract has two legally-binding options:
1. make your monthly payments to the bank and the bank allows you to remain in their property while slowly transferring ownership or, no less legal:
2. Quit making monthly payments to the banks and allow the bank to retain full possession of the property.
Option 2 is following the rule of law. Just because a bunch of corporate kneeknockers have convinced Americans it's wrong to employ option 2 doesn't make it so.
Home "owners" have no more moral obligation to the bank than the bank has to them...which is to say, quit feeling guilty and start walking.
It's amazing to me that so many folks try so hard to stay in their severely-depreciated homes while they fall behind and more expensive terms kick in, wasting tens of thousands of dollars.
Drop the keys at the bank, find a rental and walk away.
Yeah. It's amazing in a country that is based on Rule of Law, that some people actually take their legally binding contracts seriously.
That legally-binding contract has two legally-binding options:
1. make your monthly payments to the bank and the bank allows you to remain in their property while slowly transferring ownership or, no less legal:
2. Quit making monthly payments to the banks and allow the bank to retain full possession of the property.
Option 2 is following the rule of law. Just because a bunch of corporate kneeknockers have convinced Americans it's wrong to employ option 2 doesn't make it so.
Home "owners" have no more moral obligation to the bank than the bank has to them...which is to say, quit feeling guilty and start walking.
But wait.. we have another left winger claiming it is all 'getting better'...
Make up your minds, wing nuts
Yeah. It's amazing in a country that is based on Rule of Law, that some people actually take their legally binding contracts seriously.
That legally-binding contract has two legally-binding options:
1. make your monthly payments to the bank and the bank allows you to remain in their property while slowly transferring ownership or, no less legal:
2. Quit making monthly payments to the banks and allow the bank to retain full possession of the property.
Option 2 is following the rule of law. Just because a bunch of corporate kneeknockers have convinced Americans it's wrong to employ option 2 doesn't make it so.
Home "owners" have no more moral obligation to the bank than the bank has to them...which is to say, quit feeling guilty and start walking.
You are a moron of galactic proportions. I doubt you own a house.
For starters, when you sign a mortgage you sign something called a "Promissory Note." Promissory. As in "promise." A promise is an obligation.
Second, there are not two options. There is one option and consequences if you do not do it.
That's like saying you have two options when it comes to obeying the law: eitehr follow it or go to jail.
Yeah. It's amazing in a country that is based on Rule of Law, that some people actually take their legally binding contracts seriously.
That legally-binding contract has two legally-binding options:
1. make your monthly payments to the bank and the bank allows you to remain in their property while slowly transferring ownership or, no less legal:
2. Quit making monthly payments to the banks and allow the bank to retain full possession of the property.
Option 2 is following the rule of law. Just because a bunch of corporate kneeknockers have convinced Americans it's wrong to employ option 2 doesn't make it so.
Home "owners" have no more moral obligation to the bank than the bank has to them...which is to say, quit feeling guilty and start walking.
The heartbreak of moral relativism on parade ^^^
That legally-binding contract has two legally-binding options:
1. make your monthly payments to the bank and the bank allows you to remain in their property while slowly transferring ownership or, no less legal:
2. Quit making monthly payments to the banks and allow the bank to retain full possession of the property.
Option 2 is following the rule of law. Just because a bunch of corporate kneeknockers have convinced Americans it's wrong to employ option 2 doesn't make it so.
Home "owners" have no more moral obligation to the bank than the bank has to them...which is to say, quit feeling guilty and start walking.
You are a moron of galactic proportions. I doubt you own a house.
For starters, when you sign a mortgage you sign something called a "Promissory Note." Promissory. As in "promise." A promise is an obligation.
Indeed! an obligation to either make your payments or forfeit the house and any associated equity.
Second, there are not two options. There is one option and consequences if you do not do it.
So, we agree that there are two options then?
That's like saying you have two options when it comes to obeying the law: eitehr follow it or go to jail.
Except one of those options is illegal. Neither option i presented is illegal.
Yes, there is no real option in the contract. Pay up or suffer consequences. And as you mention, you made a promise to pay the money. Many people have the quaint notion that their word means something. I guess you aren't one of them.
Yes, there is no real option in the contract. Pay up or suffer consequences. And as you mention, you made a promise to pay the money. Many people have the quaint notion that their word means something. I guess you aren't one of them.
The contract is quite clear: You can either pay x per month or suffer consequences equal to "Y". When consequences of X > y, any person with half a brain would choose Y.
Dumbshits and racists who buy into the moral "we must support the Man" chose X over Y out of some kneejerk reaction. Your knee must be sore by now.
Yes, there is no real option in the contract. Pay up or suffer consequences. And as you mention, you made a promise to pay the money. Many people have the quaint notion that their word means something. I guess you aren't one of them.
The contract is quite clear: You can either pay x per month or suffer consequences equal to "Y". When consequences of X > y, any person with half a brain would choose Y.
Dumbshits and racists who buy into the moral "we must support the Man" chose X over Y out of some kneejerk reaction. Your knee must be sore by now.
so, you're out on the street? sorry to hear it...but you walked away clean!!!!
But wait.. we have another left winger claiming it is all 'getting better'...
Make up your minds, wing nuts
Need more straw?
JFK_USA said:KissMy said:JFK_USA said:I am not saying that, I am saying that if you lower wages, people will have to rent instead of buy houses. That means no property tax paid which is a huge source of revenue for states across the country. That funds education, state troopers, and many other programs.
When you keep saying lower taxes, lower taxes, you defund the biggest employer in the country. They get lower wages across the board, they don't spend as much. And since we don't build shit, we are screwed if they don't spend. Businesses don't expand or downsize, meaning jobs are lost and the cycle continues.
Thats the point. Yeah taxes sucks. Everyone agrees, but government is a huge employer and job creator. You defund that, you defund America.
Assholes like you are always only concerned about the government employee & their golden pensions. They are way to high paid compared to everyone else & damn sure should not be able to extort tax payer money to funds their lavish retirement.
Squatters need to be kicked out so the house can be auctioned to a landloard. Rental homes creates 100% USA jobs. Housing was a huge 100% US industry until government said people could stay in their homes for free & let it fall appart around them which put everyone in housing out of work. Even the government collected hefty tax revenue from housing before they started letting people squat for free. Realtors, Surveyors, Advertizers, Land Lords, Insurance Agents, Home Inspectors, Occupancy Inspectors, Evictions, Mortgages, Plumbers, Electritions, Carpenters, Movers, Painters, Landscapers, Roofers. This makes up a very large portion of the US economy & none of this is outsourced to other countries.
Yes you're right and some of those are unionized. And what lavished retirement? At best I am getting 90% of my salary and thats going to be tough. I make 30K a year after 4 years of teaching. My friend who is in business is getting 45K in 2 years of experience. So what freaking lavish lifestyle am I living? Oh yeah I have a 2000 Ford Taurus, I am really living it up with my power locks.
We take less pay to have that guaranteed retirement that WE PAY FOR. You take that away, who the hell is going to work for 30K with no retirement or benefits to teach our kids? Not a whole lot of people.
See I know you despise everything government even though everything that surrounds you has had government involvement. To ensure your house is built properly, that the streets you take to work are clean and driveable. To give your kids a proper education. ALL OF IT has government involved.
And don't give me that free market BS. Businesses cut corners all the time in employee safety.
Yes, there is no real option in the contract. Pay up or suffer consequences. And as you mention, you made a promise to pay the money. Many people have the quaint notion that their word means something. I guess you aren't one of them.
The contract is quite clear: You can either pay x per month or suffer consequences equal to "Y". When consequences of X > y, any person with half a brain would choose Y.
Dumbshits and racists who buy into the moral "we must support the Man" chose X over Y out of some kneejerk reaction. Your knee must be sore by now.