Black1
Full Access Member
The whole "Sub-Prime" and ARM loans were, and always will be, a STUPID... STUPID deal to get into. :dontknow:
These poor bastards that took the "bait" a few months or years ago are going to be HURTING come October. ........ I can't AFFORD to buy a home, and I know it. Why would you buy a home that you can't afford in the first place? :dontknow: People took the gamble, and are getting BURNED..... I say it's their own fault.
In about 6 mos., I am going to buy ( with a 30 YR FIXED mortgage w/ 20% down)....... And, I believe, about a year after that I will sell. The Real Estate market is CYCLICAL, just like everything else. :rock:
These poor bastards that took the "bait" a few months or years ago are going to be HURTING come October. ........ I can't AFFORD to buy a home, and I know it. Why would you buy a home that you can't afford in the first place? :dontknow: People took the gamble, and are getting BURNED..... I say it's their own fault.
In about 6 mos., I am going to buy ( with a 30 YR FIXED mortgage w/ 20% down)....... And, I believe, about a year after that I will sell. The Real Estate market is CYCLICAL, just like everything else. :rock:
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