Great Lakes 4x4. The largest offroad forum in the Midwest - View Single Post - Obama sucks ass
Thread: Obama sucks ass
View Single Post
Old December 15th, 2009, 05:58 PM   #196
Im Rick James Bitch
Cooter21's Avatar
Join Date: 06-07-06
Location: Hamilton Michigan
Posts: 1,461
iTrader: (5)
Mentioned: 0 Post(s)

Originally Posted by EASY STEP View Post
You can't borrow anymore unless you have 20% down,and collateral, the banks have tightened up, and its a good thing, to prevent those people that cant afford the loans in the first place!
Yes but o b a m a is now scolding the banks for not lending enough. So the cycle continues. I can almost tell when I inspect a home for a couple that the house will be back in foreclosure. It is sick how many homes Ive inspected in the past 2 years that were in foreclosure and empty, bought and lost again to foreclosure. My point People quit borrowing more money on the house than what its worth and spending it on Chinese big screens and vacations in the islands. Not everyone is entitled to a home, Rent, live within your means. The bull marketing banks have quotas to reach, "They don't care if you loose your house in a year". That was a direct quote from a banker at national city bank in Holland Michigan. Awesome.
Cooter21 is offline   Reply With Quote
Page generated in 0.13686 seconds with 22 queries