So...are you letting the house just lapse into bankruptcy? Wondering how you are able to not pay off a mortgage...
On Jan 28, 2008 10:30 AM, Tony <[EMAIL PROTECTED]> wrote: > NO DOUBT. > > we are saving 1500 each month by not paying that damn mortgage > cutting our losses, renting and doing our thing starting over... > > and no bad juju in the house!!! > > :) big ups > > On Jan 28, 2008 11:23 AM, J.J. Merrick <[EMAIL PROTECTED]> wrote: > > yeah you should never become a landlord by default. > > > > Good call on the renting. No shame in cutting your losses and starting > > over. Next time get a 15 year FIXED! :-) > > > > -J.J. > > > > On 1/28/08, Tony <[EMAIL PROTECTED]> wrote: > > > > > at $2500 a month, i couldnt begin to think of renting it. > > > it would get trashed in months, id have to take care of it > > > and, well, you know people. they are dirty, they smell > > > they have bad habits, they fnck sh!it up, and im not down with it. > > > > > > its just not a poss. the house is nearly brand new... here is the mls > > > listing for my house... > > > > > > http://www.dpol.com/public/Report_custAllphotos.asp?ml=438889 > > > > > > and the lady who owns my New/old house :) is the owner of a local > > > huge amusement park in Ocean City. its just a house she doesnt > > > want to get rid of but rents it out to YUPPIES ... which fits us > perfectly. > > > not to mention its all hardwood therefore we cannot possibly eff it up > > > with dogs and stuff... just perfect. > > > > > > oHHHH and we have a front porch :) i cant wait for summertime and > > > storms and late evening breezes... they are soo awesome around here. > > > > > > and we have a 2nd floor sunroom :) sooo cool, and perfect for a > hammock! > > > > > > later > > > > > > On Jan 28, 2008 10:29 AM, Cameron Childress <[EMAIL PROTECTED]> > wrote: > > > > Tony wrote: > > > > > its totally a victim... they SHOULDA NEVER given me that loan for > that place. > > > > > never. > > > > > > > > Interesting that you are renting a house now. Alot of people who > are > > > > upside-down in their home loans are attempting to rent them out to > > > > people to make the payments and hopefully wait out the market dip. > It > > > > would be ironic if you were renting from someone in that situation. > > > > > > > > -Cameron > > > > > > > > > > > > > > > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;160198600;22374440;w Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:252173 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
