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Default Columbus Day

On 12/10/2011 11:22 AM, X ` Man wrote:
On 10/12/11 1:19 PM, Canuck57 wrote:
On 04/10/2011 6:57 AM, X ` Man wrote:

Columbus Day is coming up…let's celebrate by walking into someone's
house and telling them we live there now!


Hey, if they can't pay for it, why not.

Can't do that if your home is paid off.


Bull****. Eminent domain.

And the rest of your post is just your moronic, ignorant, repetitive
economic bull****...


So how much do you owe? Or already foreclosed?

I can't help it fleabaggers don't like reality. Until you have your
mortgage paid off, your in effect a renter of the property with
presumably some equity in it, as the property is chattel to the loan.

You truly own your own home when it is free and clear of debt. In the
mean time, you pay interest (sort of rent) to the bank for the monitary
advance in its acquisition.

While I know this escapes fleabaggers, it is the way it is for a reason.
--
Eat the rich, screw the companies and wonder why there are no jobs. But
we have big huge government we can't afford...
-- Obama and the lefty fleabagger attitude
 
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