Comments on: The Foreclosure Story: What does the Process Look Like? http://www.doctorhousingbubble.com/the-foreclosure-story-what-does-the-process-look-like/ How I Learned to Love Southern California and Forget the Housing Bubble Fri, 08 Aug 2008 18:15:28 +0000 http://wordpress.org/?v=2.2.2 By: Live Life http://www.doctorhousingbubble.com/the-foreclosure-story-what-does-the-process-look-like/#comment-20268 Live Life Fri, 18 Jul 2008 05:43:21 +0000 http://www.doctorhousingbubble.com/the-foreclosure-story-what-does-the-process-look-like/#comment-20268 I wish the couple coud have been a little more versatile in their career choices. That may have made all the difference. While people are pointing fingers and snickering, no one is safe in this economy. You may think you have the bull by the tail but we are all on catasrophic event or pay check away from being in the same boat. So get of you high horses and look at things for what they really are. I say hats off for trying to live the life they wanted rather California or Maine, that should not matter. Some of your comments sound a little jelous or even envious. The top 1% income wise got there by doing the unconventional. I say " LIFE COMES AT YOU FAST, LIVE IT WITH NO REGRETS." :0) I wish the couple coud have been a little more versatile in their career choices. That may have made all the difference. While people are pointing fingers and snickering, no one is safe in this economy. You may think you have the bull by the tail but we are all on catasrophic event or pay check away from being in the same boat. So get of you high horses and look at things for what they really are. I say hats off for trying to live the life they wanted rather California or Maine, that should not matter. Some of your comments sound a little jelous or even envious. The top 1% income wise got there by doing the unconventional. I say ” LIFE COMES AT YOU FAST, LIVE IT WITH NO REGRETS.” :0)

]]> By: Capitalist Delegate http://www.doctorhousingbubble.com/the-foreclosure-story-what-does-the-process-look-like/#comment-19085 Capitalist Delegate Fri, 27 Jun 2008 18:31:32 +0000 http://www.doctorhousingbubble.com/the-foreclosure-story-what-does-the-process-look-like/#comment-19085 Charles, I disagree strongly with your statement. The government is not responsible for "bad luck". Besides, LandingThere has been unemployed for 2 years. Why should an unemployed person be allowed to keep a house? That's a knee jerk reaction based on emotion. You have to make money to own a house. Period. If the government bails out people like this, then they will destroy the incentive structure of our county for the next generation. I'm making 125K, and renting because prices are so inflated. Why should my tax dollars pay to keep people in a home who cannot afford it. Are they entitled to owning a home in any way? For our country to succeed over the next 100 years, the government has to reinforce the relevance of capitalism in our country, not the relevance of handouts. If we don't believe in capitalism, then our country will fall into obscurity during the next hundred years. Capitalism says that you work for what you get, and if you can't afford to keep it, you lose it. That creates incentive for hard work. Incentive structure is what fuels out economy. Charles, I disagree strongly with your statement. The government is not responsible for “bad luck”.

Besides, LandingThere has been unemployed for 2 years. Why should an unemployed person be allowed to keep a house? That’s a knee jerk reaction based on emotion. You have to make money to own a house. Period. If the government bails out people like this, then they will destroy the incentive structure of our county for the next generation. I’m making 125K, and renting because prices are so inflated. Why should my tax dollars pay to keep people in a home who cannot afford it. Are they entitled to owning a home in any way?

For our country to succeed over the next 100 years, the government has to reinforce the relevance of capitalism in our country, not the relevance of handouts. If we don’t believe in capitalism, then our country will fall into obscurity during the next hundred years. Capitalism says that you work for what you get, and if you can’t afford to keep it, you lose it. That creates incentive for hard work. Incentive structure is what fuels out economy.

]]> By: California Mortgage http://www.doctorhousingbubble.com/the-foreclosure-story-what-does-the-process-look-like/#comment-19076 California Mortgage Fri, 27 Jun 2008 16:04:28 +0000 http://www.doctorhousingbubble.com/the-foreclosure-story-what-does-the-process-look-like/#comment-19076 Looks like I am late to the party but Great article. So few people understand the process of foreclosure and how easy it is to be impacted by a simple rate adjustment. Falling behind is the easy part, catching up is almost impossible. Looks like I am late to the party but Great article. So few people understand the process of foreclosure and how easy it is to be impacted by a simple rate adjustment.

Falling behind is the easy part, catching up is almost impossible.

]]> By: argo jones http://www.doctorhousingbubble.com/the-foreclosure-story-what-does-the-process-look-like/#comment-11770 argo jones Thu, 24 Apr 2008 17:17:03 +0000 http://www.doctorhousingbubble.com/the-foreclosure-story-what-does-the-process-look-like/#comment-11770 <i>I’m very content with a $350 room</i> wish where i lived rooms cost $350 I’m very content with a $350 room

wish where i lived rooms cost $350

]]> By: Maria http://www.doctorhousingbubble.com/the-foreclosure-story-what-does-the-process-look-like/#comment-9846 Maria Mon, 24 Mar 2008 00:09:46 +0000 http://www.doctorhousingbubble.com/the-foreclosure-story-what-does-the-process-look-like/#comment-9846 Simply put..Neither my husband or I care about the Joneses! People need to grow up and stop with the high school mentality of the haves vs the have nots..because chances are the people you are trying to keep up with are living just as fake as you are...My husband and I live in a nice home purchased for $700K..we rolled over our money from our previously sold house during the boom.we put 20% down, bought what we needed in our home for CASH..and have never in the past or present considered an equity line(or as I call it the kiss of death)..we follow what our grandparents did..leave the money in the home and DONT TOUCH IT..what is our cc card debt? ZERO..What are out car payments? ZERO..we have our basic household expenses and that's its. I CLEAN MY OWN HOUSE, I PLANT MY OWN PLANTS and MY HUSBAND MOWS THE LAWN..Do we eat out? YES..with coupons..(we figure the money we save on having a lawnservice can go to treating our family out for pizza on Friday nights..Before I purchase something..I ask myself a simple question..DO I REALLY NEED IT? That stops me from wasting money on junk 80% of the time..People need to grow up and start taking responsibility for their finances.. Simply put..Neither my husband or I care about the Joneses! People need to grow up and stop with the high school mentality of the haves vs the have nots..because chances are the people you are trying to keep up with are living just as fake as you are…My husband and I live in a nice home purchased for $700K..we rolled over our money from our previously sold house during the boom.we put 20% down, bought what we needed in our home for CASH..and have never in the past or present considered an equity line(or as I call it the kiss of death)..we follow what our grandparents did..leave the money in the home and DONT TOUCH IT..what is our cc card debt? ZERO..What are out car payments? ZERO..we have our basic household expenses and that’s its. I CLEAN MY OWN HOUSE, I PLANT MY OWN PLANTS and MY HUSBAND MOWS THE LAWN..Do we eat out? YES..with coupons..(we figure the money we save on having a lawnservice can go to treating our family out for pizza on Friday nights..Before I purchase something..I ask myself a simple question..DO I REALLY NEED IT? That stops me from wasting money on junk 80% of the time..People need to grow up and start taking responsibility for their finances..

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