09-04-2008, 11:27 AM
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Marijuana EXPERT
Mr. Ganja
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Join Date: Sep 2006
Location: Socialist Republic of Kalifornia
Posts: 12,121
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[quote=medicineman;1268854]
Quote:
Originally Posted by ViRedd
Yes VI, the people with money benefit, as always. No regard for the poor family that got snookered by some thieving salesman and unscroupulous lender, then had their payments skyrocket out of control. I'm sure you didn't question anyone's ability to pay for the home once it was sold. Let the buyer beware, isn't that your motto?
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Actually, that is one of my mottos. "Buyer Beware!" In other words, take personal responsibility for your actions. If you lie about your income and inflate it in order to obtain a loan on a property you really can't afford, with the expectation that the property will continue to appreciate, and you will make a killing ... then YES, you deserve to take a bath on the property when the market takes a dump. Your loss is someone else's gain.
Vi
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Liberals are people that will believe anything twice.
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