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<blockquote data-quote="chev" data-source="post: 458172" data-attributes="member: 6761"><p>Actually they should have been smart enough to not gamble on their rate not going up. Still, their own foolish greed bit them in the butt. It is irresponsible to borrow money like it was a bet on the ponies. <img src="/community/styles/default/xenforo/smilies/FeltTip/knockedout.png" class="smilie" loading="lazy" alt=":knockedout:" title="Knockedout :knockedout:" data-shortname=":knockedout:" /> Signing a contract without reading is foolish. Granted, some where lied to, but it's not that hard to get independent, sound financial advice. </p><p> Too many fools went and bought 300k homes on a 100k budget. We are living in a "gotta have it now now now" time, but when it comes time to pay the piper they have to rob Peter to pay Paul. <img src="/community/styles/default/xenforo/smilies/FeltTip/dissapointed.png" class="smilie" loading="lazy" alt=":dissapointed:" title="Disappointed :dissapointed:" data-shortname=":dissapointed:" /></p><p><strong>If you don't have the score to buy the house, you can't afford it. </strong></p></blockquote><p></p>
[QUOTE="chev, post: 458172, member: 6761"] Actually they should have been smart enough to not gamble on their rate not going up. Still, their own foolish greed bit them in the butt. It is irresponsible to borrow money like it was a bet on the ponies. :knockedout: Signing a contract without reading is foolish. Granted, some where lied to, but it's not that hard to get independent, sound financial advice. Too many fools went and bought 300k homes on a 100k budget. We are living in a "gotta have it now now now" time, but when it comes time to pay the piper they have to rob Peter to pay Paul. :dissapointed: [B]If you don't have the score to buy the house, you can't afford it. [/B] [/QUOTE]
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