People don't understand the difference between liability and ownership. They don't know that house is actually belonging to the bank. These people are so stupid that even God can't save them.
This idea that we should bail out every stupid person that makes a bad financial decision irritates the hell out of me. If I make bad decisions, the govt. doesn't come running to my defense, so why should a homeowner who took a ridiculous loan be any different?
Stop whining, everyone wants a home, sweety. Your kids are no more special Monique, than other kids who want to buy your reduced price home now. Your loss is my gain. You should have read the fine print. Now my kids get to have a home.
It amazes me that no one is addressing the real cause of foreclosures. Mortgage fraud. Not on the part of the homeowner, but the banks. Banks don't lend money. Your signature on the promissory note creates the funds that the bank drafts a check made out to you which you instantly sign back over to the bank thus creating the loan account. Your signature on the note paid for the house in full. The bank merely inserts itself in the scheme as servicer of the loan. The BANK NEVER OWNS THE HOUSE.
It killed people, incited revolutions, wars and the like to put PUPPET GOVERNMENTS all over the world, to STEAL RESOURCES, so that the people in the US would live without working.
FUCK THE UNITED STATES OF AMERICA.
Those peoples are paying for their GREED. They bought houses they could not afford, and pay time has arrived for the US.
THIS IS THE BEGINNING OF THE WRATH OF GOD AGAINST A GREEDY NATION.
This is barely the beginning. Watch was is coming. Pay attention.
Idiots that don't read a contract. I bet they didn't use a lawyer when they bought the home either. Both of my homes are paid for.And I pay cash for my cars.
scary that this video was posted 16 months ago... it could have been posted today and it would seem completely normal. I wonder what feb 2009 will be looking like?
Great video! Just a tip, you can learn how to flip foreclosure and pre-foreclosure at -- MyForeclosureTips( dot )com --. Make sure to you remove the spaces and parenthesis.
A guy I work with ridiculed me in 2006 because I would not buy a home. He kept bugging me. Then other coworkers joined in making fun of me. Finally, I said the only thing I could think of that would shut them up (and it worked). I said, "I only take financial advice from people who have a lot more money than I do."
The only people we ought to feel sorry for are the people who lost money on the market! What kind of ridiculous person buys a $500,000 house on a $50,000 salary? Do they not think before making the biggest purchase of their life?
@newenglandvideo: What you say is quite right. However if you are a first time home buyer, would you know what to day?They trusted the seller and the seller knew exactly what he/or she was doing. The Republicans deregulated everything they could. This seller is just inviting regulation.
That's why you hire a lawyer when you buy a house. I'm sure they didn't . The Republicans deregulated everything? They didn't deregulate this. Everyone knows you should use a lawyer when you buy a house. These people are better off renting . You can't fix stupid.
I don't feel sorry for these people. I do my homework. I use a lawyer . That's why my Maine home and my Florida are both paid for. It's easy when you work at it. Again, You can't regulate stupid people.
I'm not a professional financial planner, but here is my advice: NEVER buy a house if you don't have any money to put down!! It will save a huge amount on your monthly payment. Secondly, if you can't save for a down payment, how are you going to save for other things? Property taxes, home repairs.
What a friggin moron. DID YOU NOT READ YOUR MORTAGE DETAILS!!!! The most important financial transaction of your life and she had no idea she had an ARM?! HELLO MORON! No money down and bad credit. Duuuh.
"I was shocked..how can you lose your house after few months of falling behind" :end quote
What kind of statement is that? Is this woman retarded? She expects not to make mortgage payments for a few months and still keep the house? It's totally illogical! These people have no brains!
i told my kids this is our home we owned it and will not ever have to move again no you dumb bitch that house belongs to bank go back to renting.
mikembz1 1 year ago
Stop foreclosures! Go to antiforeclosurearmy dot comm for some ideas. Hit the bank!
dcprotests 2 years ago
How can a house or anything else be yours when you haven't fully paid for it?
I just don't get this mentality, anyway, that's just me I must be heartless....
nicoya31 2 years ago
People don't understand the difference between liability and ownership. They don't know that house is actually belonging to the bank. These people are so stupid that even God can't save them.
moniequa 2 years ago
This idea that we should bail out every stupid person that makes a bad financial decision irritates the hell out of me. If I make bad decisions, the govt. doesn't come running to my defense, so why should a homeowner who took a ridiculous loan be any different?
wazoome 2 years ago
We reward the irresponsible and punish the responsible where else only in America.
moniequa 2 years ago
Stop whining, everyone wants a home, sweety. Your kids are no more special Monique, than other kids who want to buy your reduced price home now. Your loss is my gain. You should have read the fine print. Now my kids get to have a home.
wazoome 3 years ago
wasoome, you're right.
moniequa 2 years ago
she is a dumbass she needs to put herself on birthcontrol and get a job!
Kathryn6586 3 years ago
This has been flagged as spam show
It amazes me that no one is addressing the real cause of foreclosures. Mortgage fraud. Not on the part of the homeowner, but the banks. Banks don't lend money. Your signature on the promissory note creates the funds that the bank drafts a check made out to you which you instantly sign back over to the bank thus creating the loan account. Your signature on the note paid for the house in full. The bank merely inserts itself in the scheme as servicer of the loan. The BANK NEVER OWNS THE HOUSE.
yngwiefreak 3 years ago
This has been flagged as spam show
USA had it coming.
It killed people, incited revolutions, wars and the like to put PUPPET GOVERNMENTS all over the world, to STEAL RESOURCES, so that the people in the US would live without working.
FUCK THE UNITED STATES OF AMERICA.
Those peoples are paying for their GREED. They bought houses they could not afford, and pay time has arrived for the US.
THIS IS THE BEGINNING OF THE WRATH OF GOD AGAINST A GREEDY NATION.
This is barely the beginning. Watch was is coming. Pay attention.
bushisacoxucker 3 years ago
Idiots that don't read a contract. I bet they didn't use a lawyer when they bought the home either. Both of my homes are paid for.And I pay cash for my cars.
nesnman 4 years ago 2
I don't believe in kicking people when they're down but Monique has the IQ of a sea cucumber.
DragonFly122 4 years ago
Well, she just didn't learn how to read or use some common sense, that's all...
slyjigoh 4 years ago 3
scary that this video was posted 16 months ago... it could have been posted today and it would seem completely normal. I wonder what feb 2009 will be looking like?
sellingon 4 years ago 2
I agree, too many kids to take care of. After 2, you really should have stopped, not 5. And only one of you work?
indianajoe219 4 years ago
Yup, being a SAHM in this economy is a privilege, not a given.
DragonFly122 4 years ago
Great video! Just a tip, you can learn how to flip foreclosure and pre-foreclosure at -- MyForeclosureTips( dot )com --. Make sure to you remove the spaces and parenthesis.
davidbavid1 4 years ago
A guy I work with ridiculed me in 2006 because I would not buy a home. He kept bugging me. Then other coworkers joined in making fun of me. Finally, I said the only thing I could think of that would shut them up (and it worked). I said, "I only take financial advice from people who have a lot more money than I do."
heydanno777 4 years ago
So many STUPID citizens LOL. FUCK YOU IDIOTS. WE NEED DEBTORS PRISON AGAIN.
mjdono 4 years ago
chio
Zhuangyao 4 years ago
The only people we ought to feel sorry for are the people who lost money on the market! What kind of ridiculous person buys a $500,000 house on a $50,000 salary? Do they not think before making the biggest purchase of their life?
superso 4 years ago 3
@superso They shouldn't be buying a house more than $150K.
DragonFly122 9 months ago
When you don't put money down when you buy a house you can't afford it, period.
newenglandvideo 4 years ago 2
@newenglandvideo: What you say is quite right. However if you are a first time home buyer, would you know what to day?They trusted the seller and the seller knew exactly what he/or she was doing. The Republicans deregulated everything they could. This seller is just inviting regulation.
Crickettedog 4 years ago
That's why you hire a lawyer when you buy a house. I'm sure they didn't . The Republicans deregulated everything? They didn't deregulate this. Everyone knows you should use a lawyer when you buy a house. These people are better off renting . You can't fix stupid.
newenglandvideo 4 years ago
I don't feel sorry for these people. I do my homework. I use a lawyer . That's why my Maine home and my Florida are both paid for. It's easy when you work at it. Again, You can't regulate stupid people.
newenglandvideo 4 years ago
I'm not a professional financial planner, but here is my advice: NEVER buy a house if you don't have any money to put down!! It will save a huge amount on your monthly payment. Secondly, if you can't save for a down payment, how are you going to save for other things? Property taxes, home repairs.
lostprophet912 5 years ago
What a friggin moron. DID YOU NOT READ YOUR MORTAGE DETAILS!!!! The most important financial transaction of your life and she had no idea she had an ARM?! HELLO MORON! No money down and bad credit. Duuuh.
finnman69 5 years ago
I agree. This is social Darwinism at work.
cybersphere 4 years ago
"I was shocked..how can you lose your house after few months of falling behind" :end quote
What kind of statement is that? Is this woman retarded? She expects not to make mortgage payments for a few months and still keep the house? It's totally illogical! These people have no brains!
javawhz 5 years ago