Quote:
Originally Posted by liverock
Very funny and very true. I'll bet there are thousands of homeowners ranting in exactly the same way about being 'underwater' with their mortgages.
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When I lived in florida (07-09) a friend had a 200k condo she bought for 200k (She dumped a 401k to make the down payment). She foreclosed last yr. The condos were going for 57k.