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Old 03-08-2009, 12:37 PM
 
Location: where you sip the tea of the breasts of the spinsters of Utica
8,297 posts, read 14,166,733 times
Reputation: 8105

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Quote:
Originally Posted by sterlinggirl View Post
I agree with that 100%.

I really do feel sorry for the people out there who will burn through all of their savings trying to save their houses, only to end up without a penny to their name, no job, and no place to go. They're doing everything possible to protect their credit, and forgetting to protect themselves in the process.
Yes, IF you don't have a job, or your job doesn't pay enough to make the mortgage payments, but if your income is even $50 more than that you should do it.

Running out or squatting just isn't worth the lifetime of trouble and stress it can bring. Most people can get by on very little or nothing for a while - look at homeless people, some of them survive with no income at all.
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Old 03-10-2009, 04:30 AM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,835,178 times
Reputation: 6438
U.S. Second-Quarter Hiring Plans Hit Record Low, Manpower Says - Bloomberg.com
Manpower Inc., the world’s second-largest provider of temporary workers, said its seasonally adjusted employment gauge for April through June plunged to minus 1 from 10 in the first quarter. That’s the first time the measure has been negative, according to Manpower spokeswoman Bethany Perkins

Laymen's terms? Temp jobs went from "Cool" to "you're ****ed"

Kind of scary, ain't it?
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Old 03-10-2009, 06:29 AM
 
12,867 posts, read 14,916,363 times
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Quote:
Originally Posted by 70Ford View Post
.... one in eight American homeowners is in foreclosure or behind on payments.
What are signs that economy bottoms out? - Economy in Turmoil- msnbc.com

As someone that owned a home.....if you get behind on a house payment.....that's pretty much it.
My payment was $1415 a month. I'm willing to bet that those who are behind don't have a mortgage payment in savings.

Because if you did, YOU WOULDN'T BE F'NG BEHIND, now would you? Maybe they are just going to walk away.
Wonder what that would do to the economy?
they are walking away. 30% of last month’s loans to homeowners that was shoved into motion by the government are already behind! that is in one month's time they are defaulting! bad policy begets bad behavior!
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Old 03-11-2009, 06:36 AM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,835,178 times
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...more than 800,000 women have lost their jobs since the end of 2007.
Some laid-off women now stay-at-home moms - Kids and parenting- msnbc.com
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Old 03-11-2009, 05:55 PM
 
105 posts, read 213,126 times
Reputation: 33
Originally Posted by sterlinggirl
I agree with that 100%.

I really do feel sorry for the people out there who will burn through all of their savings trying to save their houses, only to end up without a penny to their name, no job, and no place to go. They're doing everything possible to protect their credit, and forgetting to protect themselves in the process.

Quote:
Originally Posted by Woof View Post
Yes, IF you don't have a job, or your job doesn't pay enough to make the mortgage payments, but if your income is even $50 more than that you should do it.

Running out or squatting just isn't worth the lifetime of trouble and stress it can bring. Most people can get by on very little or nothing for a while - look at homeless people, some of them survive with no income at all.

If persons really believed in the Lord under any issue in life he he can provide for their basic needs. The Lord has fed persons by ravens before and he can help anyone else. But most mock him on the face of this earth and most will be recieving their rewards coming in the future.
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