Just a note afore the weekend.
The MSN home site currently has up with its news offerings a story about the current situation in housing finance. (Next to the usual celebrities dress ugly, celebrities cheat, celebrities accrue municipal bond interest stories.)
The headline reads, "The Dark Side of the Mortgage Crisis."
I gotta say, no one has yet covered the bright side of the mortgage crisis. Think of it. Evil men in bad suits smiling as they kick the huddled masses yearning to breathe free out of their overpriced one-bedroom starter homes. Laughing in glee at the death of another American dream. Tell me their story instead of bringing me down, Microsoft Network.
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2 comments:
Since you asked ...
The bright side of the mortgage crisis can be found in the great deals to be had at foreclosure sales. But buyer beware: You never know if the disgruntled former owner poured concrete mix down the drains or left a piece of bacon in an airduct. Sneaky!
Yes beware of the "you can have a home no matter how poor or how bad your credit is" schemes. It feels great once you're in one of those houses, but they're a B**** to sell! I'm finding out the old real estate addage, "location, location, location" is pretty accurate.
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