Pay for Your OWN Mortgage
Posted on | March 7, 2009 | 8 Comments
In a nation where very few people will take responsibility for their wrongdoings, maybe it is time we start. For those of you who have been financially responsible and have worked hard to develop your human capital, this is not for you. This is directed to those who grew complacent in their occupation and did just what it took to get buy. This is directed to those individuals who never thought about tomorrow much less next year. You need to suffer for your mistakes and pay for your OWN mortgage.
It is hard to fault someone who has fallen upon hard times and is struggling to find employment. With that in mind, the question must be asked, “What did you do to seperate yourself from everyone else?” While at your previous job, did you develop yourself in another area? Did you go above and beyond to prove that you were the person for the job? Did you ever think to have a back up plan? This is a capitalist country that allows you to create wealth in every way possible. How can you state that you cannot make enough to get by? One of two things has happened, either you have been living above your means or you have not developed your human capital in any way. Either way, you should still pay your OWN mortgage.
Those of you who pushed beyond the limit, went the extra mile and developed yourself, you are paying your mortage. Sadly, you are paying everyone else’s mortgage too. The one thing this economy is doing is making the bright shine brighter and flushing all the turds that have been punching a time clock. Once again, there are extenuating circumstances, but if you worked hard and enhanced yourself through the years, it is highly likely that you are not having mortgage problems.
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8 Responses to “Pay for Your OWN Mortgage”
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March 7th, 2009 @ 11:16 pm
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March 8th, 2009 @ 7:01 am
Amen Brother! I’m so tired of the people who will only blame the Insurance companies or the Brokers. Yes, they were wrong. Yes, they were practicing predatory lending practices.
But how the hell do you NOT KNOW that you can’t afford a $450,000 home on a $50,000 salary? I know that. The same people max out their credit cards every month because they feel the need to “keep up with the Jones’” as it were.
Don’t get me wrong. I do feel for those people who are out of their homes, but at the same time, how is it MY fault? Why should I have to pay for it? I read the fine print in the mortgage contracts and decided to wait until I could really afford it, not sign and HOPE that I could make it. hmmmmmmm, interest only loan. What the hell is that? How do you own any equity if you only pay the interest?
You take home $2400 per month. How can you afford a $1500 mortgage and still pay the rest of your bills? YOU CAN’T. It’s just common sense people, and obviously those who are being foreclosed upon didn’t have any.
March 8th, 2009 @ 9:16 am
I am sick of paying for stupid and that includes about half of our goverment programs.
March 8th, 2009 @ 10:25 am
We will spend billions on bailing out companies that use aggressive, even unethical business tactics in selling mortgages to the unwary, but rewrite the laws so that the victims cannot find relief. It is unbelievable to find a article about cover you own mortgage on a sight selling more mortgages. This is a continual sign of the unethical practices prevalent in today’s business module. Billions to bail out the fact cats, so they can continue to drive the economy down.
March 8th, 2009 @ 1:07 pm
wow, ok, here it is folks. i didn’t ask for my ex husband to kill my son, nor did i ask to be a single mother who suddenly had to provide for a 3 month old child. she’s five now. i do pay my own mortgage, and i did everything i could to “distinguish myself” within the company i worked for. . .pardon me for not being a vet. i was laid off in favor of a veteran who spent 14 years working in a cafeteria at the VA hospital where i worked. she had no medical skills, no computer skills and her ability to communicate well , quite frankly left a great deal to be desired, yet because of dept policy that give preference to vets, even though I HAD THE EXEPERIENCE, and she did not. . .i am now unemployed. . .so before you go shooting your mouth off about how i did nothing to distinguish myself keep this in mind you self righteous piece of work. . .i was replaced by a woman who never even left the country, did less than 18 months in the military before she was “less than honorably” discharged, while i worked my way from the file room to the high stress job of dealing with the VA’s inability to meet even the most basic health care needs in system and find ways to get the civilian world to pick up the slack, but because i was a civilian. . .guess who got shown the door. . .with a lovely politically correct letter of reccommendation. And btw, i do pay my own mortgage, did not have a back up plan, and still have single and sole custody of a little girl who thinks i can do anything. Bite me you self righteous !@#$.
March 8th, 2009 @ 3:49 pm
You have it wrong. They should have never bailed out the banks. I didn’t ask the bank to shortsell homes for down the street for 50% of the original value. Now my house is worth less. I was a prime mortgagee. I speak for 15 million other people upside down. Bail us out or take the boat, I mean house, back. Then the bank can pay the mortgage, interest, high taxes, insurance, HOA fees, repairs, constant upkeep, late fees, problems with neighbors, etc., etc., etc.
March 12th, 2009 @ 3:21 am
The current economy is a mess everybody knows it. What is amazing is how some people continue their daily life as if nothing changed and one such behavior is their attitude to their credit score. Foreclosures and just not paying laons is not a solution. Until Americans become more responsible for their debts we can not get out of the current mess. It is about time Americans educate themselves about finances and debt. Just taking debts on credit cards and home loans is not the way to go unless you understand what you are doing and face it most of us just do not. Here is a good resource to read about credit http://www.badcreditloansgenie.com Education is key after all you would not try to fix your television set without studying how to do it first but you take a mortgage without understanding the basics behind debt.
March 18th, 2009 @ 9:42 pm
Guys here is the answer The Money Merge Account works virtually like your standard checking or savings account, except it has the ability to cancel large portions of your mortgage interest. You simply put your money where it counts and have your money working for you instead of the bank. With the Money Merge Account system you could have your home paid off in as little as 1/2 to 1/3 the time, with NO increase in your current monthly mortgage payment and with NO refinancing of your existing mortgage. You can even payoff other high interest debts, including credit cards and auto loans.