02-18-2009, 04:07 PM
Unfortunately what SDGuy jokes about is somewhat of a reality. While some people are in dire need, others are simply taking advantage of the situation.
I was in Phoenix recently where the housing market has taken an extremely steep slide and foreclosures are huge. What I learned is that people are buying their dream houses at today's great prices, walking away from their old mortgage, and saying they simply don't need good credit for the next few years. It is really sad that some people take advantage of situations and let other suffer for it.
I was in Phoenix recently where the housing market has taken an extremely steep slide and foreclosures are huge. What I learned is that people are buying their dream houses at today's great prices, walking away from their old mortgage, and saying they simply don't need good credit for the next few years. It is really sad that some people take advantage of situations and let other suffer for it.