Friday Poll
Thank you all for your well wishes. I didn't mean to scare you all, but to be honest, I was pretty scared myself. Still am. Technically speaking, the odds are in our favor for nothing being wrong, but I am going in for an amniocentisis next Thursday so that we can make sure.
Ugh.
But, enough about me and my problems.
I want to know what you think about all the asshats, and there are WAY more than you would believe, who are simply not paying their mortgages? Hubba-hubba himself knows of at least four, all of whom can afford their payments, they just don't want to pay because they are upside down. They are just waiting to be contacted by their mortgage companies, but it has been months and months, and in the meantime, they are saving thousands and thousands of dollars.
Another co-worker stopped paying because he was upside down, the banks didn't do anything for seven months, and then he got his loan refinanced to 2.5% AND got $200,000 taken off the balance of his loan.
In the meantime, suckers like myself are paying on time, every month, with a rate nowhere near 2.5%.
Got any populist rage?
Ugh.
But, enough about me and my problems.
I want to know what you think about all the asshats, and there are WAY more than you would believe, who are simply not paying their mortgages? Hubba-hubba himself knows of at least four, all of whom can afford their payments, they just don't want to pay because they are upside down. They are just waiting to be contacted by their mortgage companies, but it has been months and months, and in the meantime, they are saving thousands and thousands of dollars.
Another co-worker stopped paying because he was upside down, the banks didn't do anything for seven months, and then he got his loan refinanced to 2.5% AND got $200,000 taken off the balance of his loan.
In the meantime, suckers like myself are paying on time, every month, with a rate nowhere near 2.5%.
Got any populist rage?
Comments
Not the answer folks.
Mucho xoxo my friend
Sigh.
As for mortgages, I will really really love that deal your friend got. $200,000 grand off? How big was her mortgage in the first place?
I guess I'll be a sucker too and we'll keep paying ours.
Total 100% asshats.
I have never heard to someone just opting out of paying their mortgage. They suck, but why would a mortgage company let them get away with it?
Hearing stories like the ones of people not paying their mortgages makes my skin crawl. We know of a couple that have stopped paying on their mortgage but just went out and bought brand new mercedes. it's sickening.
Hoping the Amnio went well and the wait for the results goes by quickly!
RAGE INDEED! ASSHATS all the way.
My husband actually brought this up as an option but I, being the one who's name is on the loan and who pays it and who has the morals to never default unless it means I wasn't eating, said HELL NO! Thankfully I also didn't buy a place out of my league to pay it on my own and I still have my job, so we're ok (WOOD! I NEED WOOD TO KNOCK ON!). Granted I hate the place and am 50% underwater... but tomorrow is another day and I still don't sleep on the streets.
I even got our most recent rate adjustment letter today and it's going DOWN from the original terms! Benefits of adjustable loans but also still scary as hell.