hmm me thinks I detect a doubting thomas here, ir in this case a secound guessing Gus
the moble home is an early 80s single wide, with a porch on front going down half the length, a few years ago we inclosed and insulated the porch, so the broker said ok we can make that aa double wide. he asked does it have a foundation I said no it sets on blocks, he said we can cover that by just blocking in the shirting area. at that time we still owed about $10,000 and I was still relitivly healthy and making money, had a decient credit rating. the place was worth maybe $75,000 80 tops. the other info is no ones business.
they wouldnt loiaqn less then 50 or 75,000. do you know how dirivitevs work, and how home loans were insured by AGE . these banksters bundeled the lones like a car finince manager and insured them all against default, the banks never lost a dime. that is the scam.
P.S at the time I was interested in about $25 000 for some equipment but they wouldnt loan less then 50 or 75 000 the were after the big bucks, do you know how dirivitives work, and do you know how AFG works ?
I have not made it a secret my financial situation has taken a dump in the last 5 yrs or so, dosent take a genious to figgure out if I had any credit left I wouldnt be in the position I am.
now if you have listend to how we got into this realestate bubble and how and why it burst then you would knowhow crooked, loan brokers, banksters, and dishonest home owners, and wana be owners got us here, I am proud to say I was not one of them, it was dishonest, I am not. are there times when I, for a minite wish I would have taken the money, you bet, but I didn't which allows me to throw rocks at those who were dishonest and did. have you not heard of no doc loans.
Bookmarks