Thread: Mortgage idiocy
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Old 09-09-2009, 03:11 PM
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E150GT E150GT is offline
I'm a chicken
 
Join Date: Sep 2006
Location: SAN ANTONIO, TEXAS
Posts: 1,148
Quote:
Originally Posted by lorainfurniture View Post
I was shaking in my boots when I signed for a measly 67,000 for my home.... I cant even digest how someone could pull a loan out for 400k on a 1,000sqft home!

My mortgage payment is 327.00 a month. I pay 750 because that is what my fiance and I were paying in rent before we bought.

People who live beyond their means deserve to be homeless..
That guy could have bought a cheaper house, but he must have thought he deserved to live in the "burbs"
I'm sure I could find plenty of $67k homes here in san antonio, but I don't think there is a lot of those in Cali. Is there?
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