I got pretty p*ssed off reading this too. I bought a home at almost the same time, about 10 miles north of Silver Spring in fact, and like him I was in love at the time, and like him the mortgage broker told me I could easily get approved for $400-$450K, no money down. I had negative assets at the time, and my income after taxes was about $4K a month and there was no way I could afford that kind of mortgage, so I bought a townhome for $250K which was in my budget.
So I lived responsibly, and he lived recklessly, and now he's living rent-free and waiting for "the system" to save him?
Gimme a break... Though I bet he's not unique at all. Maybe some people really do need to be protected from themselves?
So I lived responsibly, and he lived recklessly, and now he's living rent-free and waiting for "the system" to save him?
Gimme a break... Though I bet he's not unique at all. Maybe some people really do need to be protected from themselves?