http://www.sacramento-home.com/real-estate-events/2008/how-to-ruin-your-credit-and-end-up-in-foreclosure_983.html Home of the Sacramento Market Update and Ask The Realtor® Tue, 07 Oct 2008 12:03:26 +0000 http://wordpress.org/?v=2.6 http://www.sacramento-home.com/real-estate-events/2008/how-to-ruin-your-credit-and-end-up-in-foreclosure_983.html#comment-29070 Jackie Thu, 21 Feb 2008 00:16:44 +0000 http://www.sacramento-home.com/real-estate-events/2008/how-to-ruin-your-credit-and-end-up-in-foreclosure_983.html#comment-29070 Your article cracked me up. What you have to remember is that all those "educated" persons, now in foreclosure, were "stimulating the economy" for all us investors buying and selling from 2000 to 2005. Also, I think that these people suffered from "the forest and trees" problem. They want to be homeowners, they are hoping that in three years when the ARM loan goes up, they have won the lottery. I hold alot of people responsible for the foreclosures around this area. The problem is is that the real dumb" people just hope and then trust. I say to the mortgage lenders and the real estate sellers, making all that commission, shame on you TOO! Your article cracked me up. What you have to remember is that all those “educated” persons, now in foreclosure, were “stimulating the economy” for all us investors buying and selling from 2000 to 2005. Also, I think that these people suffered from “the forest and trees” problem. They want to be homeowners, they are hoping that in three years when the ARM loan goes up, they have won the lottery. I hold alot of people responsible for the foreclosures around this area. The problem is is that the real dumb” people just hope and then trust. I say to the mortgage lenders and the real estate sellers, making all that commission, shame on you TOO!

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