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Reply to "FA shouldn't go to people with 1 million dollar houses"
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[quote=Anonymous][quote=Anonymous]I know I am not, so please explain how taking out 300k on a house that is valued at over a million now is going to be upside down within a year? [/quote] My house was assessed at $900K - now it is assessed at $550K. Do you have any clue how the economy and fake mortgages ran up the price of houses and then watched them crash. There was a walkaway in our hood that went for $400K. Do you have any clue how many houses are upside down and nobody can sell them for their mortgage price? Do you know that many people have lost small businesses, haven't received raises in years, hello? I faught the tax assessment and told them to comeback when the economy crashed - and guess what they did and I pay taxes on $550K. I would check how much the county assessed your house and how much it is really worth.[/quote]
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