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Real Estate
Reply to "Tell me how to get out of my underwater house"
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[quote=Anonymous][quote=Anonymous]The OP said they could handle the payments, and didn't say they had to move for any particular reason - they just don't want the house anymore. Nobody is saying that *all* people who short-sell or whatever are bad - some have factors like job loss, health issues, etc. You can't foresee everything when you buy. But someone who *can* afford the house but just doesn't want to pay for it anymore - that's a person deserving of our criticism. Sorry, but that's the price you pay. If you don't get that there's a risk to investing in anything, you shouldn't be making the investment.[/quote] Sometimes it makes sense to get out of a bad investment. If a business were doing it, there would be no criticism and they would be making a smart financial decision. If an individual does it, suddenly he or she is a horrible person. [/quote]
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