Good First Step

[jerry]

http://www.azstarnet.com/business/319219

Upside down in Arizona or Cali? Screw the banks. Buy or rent another place(also put a car and big ticket item on their crimal credit card) and stop paying on the loan and BK.
Take that extra money you save each month and buy a place in mexico. 40% of Arizona home owners may be upside down. It's time to fight back.

 

[rockyptjoe]

http://www.azstarnet.com/business/319219

Upside down in Arizona or Cali? Screw the banks. Buy or rent another place(also put a car and big ticket item on their crimal credit card) and stop paying on the loan and BK.
Take that extra money you save each month and buy a place in mexico. 40% of Arizona home owners may be upside down. It's time to fight back.

I think the percentage is higher than that Jerry.....

I was going to retire this past January....but with my house value down, there was no way I was going to try selling....should have gone with that 125% of value loan that I was offered several years ago when I did refinance....could have put another $70-80K in the bank....walked away from the house like all these idiots are doing.....and could be comfortably retired right now!!! Shows you how you can get screwed if you do the "right thing"!!! I guess according to the article, I'm considered a sucker!!!!

 

[jerry]

you and me too brother!