We tried to sell our home and buy another, but could not sell. Willing to lose the 20% we put down plus all mortgage payments we had made, we asked bank to put the difference on the new mortgage. Nobody could make a decision at the bank. Mortgage sold to another bank. Now the property has lost 45% of value and bank losses are significant. They deserve these losses.
We just lost a buyer from this nonsense. Nobody owns anything at the banks. They don't have to make good decisions because there is no reward or penalty for what they do. Perhaps they should just fail.
We bailed out the banks so they could screw us even more.
johnmonk66 1 month ago
We tried to sell our home and buy another, but could not sell. Willing to lose the 20% we put down plus all mortgage payments we had made, we asked bank to put the difference on the new mortgage. Nobody could make a decision at the bank. Mortgage sold to another bank. Now the property has lost 45% of value and bank losses are significant. They deserve these losses.
jofantioch 1 year ago
We just lost a buyer from this nonsense. Nobody owns anything at the banks. They don't have to make good decisions because there is no reward or penalty for what they do. Perhaps they should just fail.
jofantioch 1 year ago