View Single Post
Porsche-O-Phile Porsche-O-Phile is offline
Dog-faced pony soldier
 
Porsche-O-Phile's Avatar
 
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
Garage
I suppose if I couldn't make the payments and was going to get kicked out anyway. Other than that, I think you stay and make good on your contract. I have no sympathy whatsoever for the idiots that bought expecting to be bailed out of lousy terms by endless double-digit appreciations. They deserve exactly what they get.

Simply walking away and defaulting on a contractual obligation because it becomes inconvenient for you (i.e. "you can't make a huge profit short-term") is in no way a justification to walk away. I think you only walk away if you are seriously defaulting and foreclosure is inevitable otherwise anyway.
__________________
A car, a 911, a motorbike and a few surfboards

Black Cars Matter
Old 03-08-2008, 09:48 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #3 (permalink)