Showing posts with label the bottom line. Show all posts
Showing posts with label the bottom line. Show all posts

February 19, 2007

Here's the bottom line


If you listened to the NAR and REIC, and bought a home you couldn't afford...

If you lied about your income, and took out a toxic loan with a teaser rate that will now reset...

If you rent the home out and it would only cover 40% - 50% of your monthly costs...

And if you bought that home solely betting on future price appreciation to carry the day...

The bottom line is...

You made your bet, you lost, and now you're f*cked.

And that's the bottom line.