Dagdason (November 30, 1999 at 12:00 am)

This was about as helpful as gaoline on a forest fire. All this amounts to is giving the bank your property, it does not address the issue of keeping you in your house and making the bank comply with current legislation for modifying home mortgages. Sorry but this is just poor advice. I give it an F

uknowiluvboys (November 30, 1999 at 12:00 am)

BIRDDOG ALERT: I'm offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That's $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I'll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com

tishigunni (November 30, 1999 at 12:00 am)

Buy low sell high it's only stone marter wood. Until the big banks start to care, u have to be in the same mode. If you are not you will always loose.

angiegrl77 (November 30, 1999 at 12:00 am)

well..a lot of people did affors their homes at the time they bought it. some circumstances come along like, job loss, medical etc..so don't judge everyone! i am sure their are some out there that took adsvantage those people should loose their homes!

angiegrl77 (November 30, 1999 at 12:00 am)

ya..you ever heard of "karma" well..that's what will happen to you with that attitude!

tishigunni (November 30, 1999 at 12:00 am)

See my post tishigunni. The solution is lower interest rates. The siple fact that most houses in the city is 500,000 and better calls for lower rates to keep them afordable. But the banks don't care if you per say can afford the house. It's about profit, so change your thinking. We all know the owner occupied properties are better kept and better for the community, no one washes a rented car. Stay in investment mode when you buy. Don't fall for the silly tricks set up to trap you in the system.

tishigunni (November 30, 1999 at 12:00 am)

This is silly back and forth. Don't just buy property to live, buy for investment just like the bank do. The bank don't care where you live or that you have a roof over your head. Buy houses flip them buy something else. If you can't afford it give it back to the bank. This should be a last resort, by low sell high and don't get emotionally attached.

farmboycarl (November 30, 1999 at 12:00 am)

Anyone who thinks most people facing foreclosure couldn't afford their homes when they bought them is an imbecile. Bernanke raised interest rates 17 months in a row in '05-'06, forcing the payments of 14 million adjustable rate mortgages to double, right when property taxes were surging from the previous years gains. It would have been an easy choice for those homeowners to sell in order to avoid foreclosure, except the higher interest rates and taxes also prevented anyone from buying them.

moniequa (November 30, 1999 at 12:00 am)

those who can't afford should get the hell out of the house and allow those who can buy. You're encouraging bad behavior and that is not acceptable.

moniequa (November 30, 1999 at 12:00 am)

1 way to stop foreclosure, don't buy shit you can't afford.