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If you bought a house you could afford and the house went down in value what does that have to do with affording it? Life isn't always wonderful. But, you still have a house.






That's the bottom line right there. You find a house, like the price and payments, and buy it. Then someone says it's not worth as much? Deal with it. Same as a car, you buy some $30,000 car, drive it away from the dealer, it's now worth $22,000 and declining daily. But do you just let it get repo'd? But since it's a house, somehow people think differently? I don't get it. Plus, this whole deal with an ARM loan, how can anyone possibly think a bank will EVER adjust an interest rate IN YOUR FAVOR? Lock in a rate you can deal with. It's like a casino, you can't beat the house!


Always remember to be yourself. Unless you suck. Then pretend to be someone else.