Quote:
Originally Posted by Bigshankhank
Wish I could help, but we are in almost the exact same situation as you, completed a short sale three and a half years ago, and now are having to leave our current rental in October but needing about another year to put together what we want to have for a down payment. So we will move to a new rental, half unpack then move again in another year. Sucks but hey, thank your local bank for continuously reminding us that the financial collapse of 08-09 didn't just stop affecting our lives once it was "over".
Good luck to you.
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It sucks and it was the banks. But it was also Clinton deregulating the mortgage industry and stupid effin people thinking they could afford a 1,000,000 home on 30,000 a year. Just because the bank said they would give you a loan doesn't mean you could afford it. Everybody blames the banks alone. But if they didn't take those loans we wouldn't be here to start with. 3-5 year fixed arm loan with a 20% interest rate increase in the 2nd arm. Really did you even read the paper work?
Climbing off soapbox.
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