Re: Housing, mortgages, and foreclosures
To whom it may concern:
My husband and I purchased a house in April of 2008. We looked very carefully at our finances and the numbers before even thinking about putting in an offer. We put some money down and now have a mortgage that is manageable. These facts alone put us in the minority. There are many who bought homes with no money down and have monthly payments they cannot afford. And now these individuals will be rewarded for their poor decisions by getting alternatives to foreclosure and options to refinance?! This is exactly what is wrong with our culture: people do not have to face the consequences of their actions. What is this teaching people? If you make poor choices you will get bailed out? I want to know when I will be rewarded for making good choices. Why don't I get some money for being wise with my money? I'll be waiting but I won't be holding my breath.
Sincerely,
A Fiscally Responsible Citizen
Wednesday, February 18, 2009
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