Comments on: Is the Mortgage Rescue Plan Going to Help You? http://www.mapgirl.net/mfc/2009/03/06/is-the-mortgage-rescue-plan-going-to-help-you/ Just tidbits about money and finance. Fri, 30 Jul 2010 19:53:06 -0500 http://wordpress.org/?v=2.9.1 hourly 1 By: Steven Chovnick http://www.mapgirl.net/mfc/2009/03/06/is-the-mortgage-rescue-plan-going-to-help-you/comment-page-1/#comment-213190 Steven Chovnick Sun, 08 Mar 2009 14:58:14 +0000 http://www.mapgirl.net/mfc/?p=1369#comment-213190 Boo Hoo! Boo Hoo!

]]> By: TJ http://www.mapgirl.net/mfc/2009/03/06/is-the-mortgage-rescue-plan-going-to-help-you/comment-page-1/#comment-213106 TJ Sat, 07 Mar 2009 03:13:48 +0000 http://www.mapgirl.net/mfc/?p=1369#comment-213106 Let's see, a) I bought my first home in 2006, and b) I live in southern California. Underwater? Definitely. But I can afford my mortgage payments, my job's quite secure (running my own business and business is actually pretty good) so I'm not stressing too much. Means I can't move for the next 5 years, but (unless values keep dropping) I'll be above water in 2 1/2 years. Sucks but hey, could be far worse! And in the meantime, I love having my own place with a garden and hammock in the backyard. Let’s see, a) I bought my first home in 2006, and b) I live in southern California. Underwater? Definitely. But I can afford my mortgage payments, my job’s quite secure (running my own business and business is actually pretty good) so I’m not stressing too much. Means I can’t move for the next 5 years, but (unless values keep dropping) I’ll be above water in 2 1/2 years. Sucks but hey, could be far worse! And in the meantime, I love having my own place with a garden and hammock in the backyard.

]]> By: Jerry http://www.mapgirl.net/mfc/2009/03/06/is-the-mortgage-rescue-plan-going-to-help-you/comment-page-1/#comment-213090 Jerry Fri, 06 Mar 2009 19:24:22 +0000 http://www.mapgirl.net/mfc/?p=1369#comment-213090 We are in a similar boat, except that we are living overseas for a few years and are renting out the house we bought in the States a few years back. Looking at the costs of homes in that area leads to the conclusion that we overpaid (by about 50 grand) on the house, but there is never any insurance that property values will go up, of course. As it stands, we are thrilled to have reliable renters and a place to come back to when our stint over here is completed. Good luck with the condo search for your friend! I can't believe places are charging 1000 bucks a month in fees, that's ridiculous. Jerry We are in a similar boat, except that we are living overseas for a few years and are renting out the house we bought in the States a few years back. Looking at the costs of homes in that area leads to the conclusion that we overpaid (by about 50 grand) on the house, but there is never any insurance that property values will go up, of course. As it stands, we are thrilled to have reliable renters and a place to come back to when our stint over here is completed. Good luck with the condo search for your friend! I can’t believe places are charging 1000 bucks a month in fees, that’s ridiculous.
Jerry

]]> By: Revanche http://www.mapgirl.net/mfc/2009/03/06/is-the-mortgage-rescue-plan-going-to-help-you/comment-page-1/#comment-213088 Revanche Fri, 06 Mar 2009 18:47:10 +0000 http://www.mapgirl.net/mfc/?p=1369#comment-213088 Nope, nary a bit. I guess the upside to not owning anything is not having to lie awake nights needing a bailout to stay in my home, I just have to land a new job to stay in my home. That'll do. Nope, nary a bit. I guess the upside to not owning anything is not having to lie awake nights needing a bailout to stay in my home, I just have to land a new job to stay in my home.
That’ll do.

]]> By: Amphritrite http://www.mapgirl.net/mfc/2009/03/06/is-the-mortgage-rescue-plan-going-to-help-you/comment-page-1/#comment-213084 Amphritrite Fri, 06 Mar 2009 17:49:53 +0000 http://www.mapgirl.net/mfc/?p=1369#comment-213084 It's not going to do a darned thing for me...none of these rescues are...except, of course, raise my taxes. I'm a renter. I own nothing. Meanwhile, my cost of living is going up, my salary is NOT going up, and at this point...I'm just glad to have a job. It’s not going to do a darned thing for me…none of these rescues are…except, of course, raise my taxes.

I’m a renter. I own nothing. Meanwhile, my cost of living is going up, my salary is NOT going up, and at this point…I’m just glad to have a job.

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