Comment: Very logical

In post: Walk Away From Your Mortgage!

In reply to comment: When you get a home with a (see in situ)

Very logical

Submitted by chonk123 on Fri, 01/08/2010 - 16:56. Permalink

We have just been indoctrinated and shamed on to believing everything is our fault. Sometimes the ability to pay or not is beyond the buyers control. Often these days because the bank made a bad decision and even encouraged someone to buy even though they knew they would be on the verge or unable to meet the payments. The buyer is often convinced they can do it or are perfectly capable at the time and then things chang e wham ! They can't make it.

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