Why Is It So Wrong To (not) Pay Your Mortgage If
YOUR UNDER WATER? Why would anyone make payments on something that has 30 to 40% less value than whats owed on it? When I purchased my home for 575,000 in 2005 it was worth that according to the market value AT THAT TIME. But now since all these knucklehead deadbeats home owners that should of never got a home to begin with are defaulting they have driven the value of my home down a couple Hundred thousand dollars, At the time i mortgaged my home i had a 813 FICO score, Now i understand by not paying my mortgage I will crash my FICO score, I DON'T CARE ANYMORE. I'm on my 8th month now not paying my mortgage of $2,370.00 a month, i guess the only reason i have not been tossed out yet is because of lost paperwork or something but since i'm saving a bundle of money by not making the payments I just dont care anymore. I did everything right all my life up to this point, that how you end up with a fico over 800 but now our country is just to full of deadbeat losers that are destorying it for everyone else. So i ask you??? in my situation whats so wrong with NOT make my mortgage payments> I GIVE UP... Screw the banks, screw the system.
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