Thread: The mortgage
View Single Post
Old 10-30-2008, 11:40 AM   #4
Pico and ME
Are you knock-kneed?
 
Join Date: Jul 2008
Location: Middle Hoosierland
Posts: 3,549
Clob...we are not in trouble with the mortgage right now, nor have we been. That will not be the case if GM buys Chrysler and the plants in this town are shut down. My hubby will lose his job. We can float for a while, but there will not be any jobs to get around here, so we will have to move. We wont be able to sell the house (my area is already swamped with homes that have been vacant for a least a year - two are right next to us). So, in terms of survival, yes, walking away would be our default option.
Pico and ME is offline   Reply With Quote