1.

Mrs. Micah
June 12th, 2008 at 2:45 pm

Morals – psh, jail – psh. It’s your god-given right to own a house.

(I prefer Mr. Stickman’s approach!)

2.

rocketc
June 12th, 2008 at 9:54 pm

I might actually have to do this soon.

3.

Las Vegas Real Estate Guy
June 12th, 2008 at 10:34 pm

The Wall Street Journal just had an article about this. Can’t believe this kind of stuff is still going on.

4.

Kyle
June 13th, 2008 at 1:40 pm

That’s actually a REALLY good idea.

5.

Mrs.ThePoint
June 13th, 2008 at 6:55 pm

I couldn’t agree more, this is really a GOOD ideal.
I hope I would never need to use this technique, but who ever used it should get some credit for it.
They are smart.

6.

A1 Medical Supplies
June 16th, 2008 at 3:45 pm

I think your right that if you are behind on your mortgage you should try to sell your home. It is a hard market to sell in now, but if the price is right…

I have never really understood why people that know they are not going to be able to afford the mortgage in a few months don’t sell their property. Rarely is it the case that you all of a sudden go into foreclosure. Usually you know long before the bank does that you are not going to be able to pay off the house.

7.

James
June 16th, 2008 at 4:19 pm

i guess it boils down to the person himself. although it could be a way to get out of debt, but the risks involved could stop some people from doing it. personally…. if for instance my back is up against the wall… i’d go for the short sale first, then if all else fails… who knows..

8.

Maria @ Frugal Homesteading
June 17th, 2008 at 6:35 am

Some people are doing this who never intended too–they bought the new house with their first one under contract for sale or rent, and then their contract fell through after purchasing the second house.

Others assumed the geat real estate market would last forever, and now can’t sell and with everything rising in cost, can’t juggle both sets of payments.

Those who did it intentionally are another category altogether.

9.

Mortgage Brokers
June 25th, 2008 at 9:18 am

Wow we dont have this problem over here in the UK yet, but the market is wobbling with prices down 6% this year. Lots of banks already puting rates up.

10.

Mike at Gas Credit Cards
July 6th, 2008 at 4:21 am

What’s even more crazy is there is a judge in California that forgave the debt on a foreclosed home (in favor of the home owners) because they lied on their mortgage application. The judge said the lie was so outrageous the bank should have caught it… so he blamed the bank and ruled in favor of the home owners haha.

11.

Tom
July 7th, 2008 at 1:41 pm

I am in this position but want to avoid anything illegal. What if I just buy a new home and default on the other one? Avoiding the whole renting issue?

12.

mortgage center
July 10th, 2008 at 5:16 pm

This idea hasnt been publisised in the uk yet or used as far as i know, probably because it is nuts and would seriously affect your credit and future finances, probably best of sitting tight if possible and ride out the storm.

13.

Smart Equity
July 11th, 2008 at 4:12 am

All the diagrams were really informative and as well as educative.Keep up this good work.

14.

Laura
August 6th, 2008 at 6:36 pm

My husband and I bought a modest 2 bedroom home in 2/2004. We had the unexpected news a month later that we were expecting our first child. We planned the second child, born in 2007. Now we are expecting twins. Our house is too small, we need to move for business reasons (husband’s job) and our income has been depleted because I am staying home now. In addition, we are upside-down to the tune of abot 20 grand. When I called a realtor to list the home he laughed at me. There are four public auctions in our neighborhood and too many to count in our community. I can’t go back to work because my industry has removed many positions in the area in which we live and I am unable to renew my lisence due to health reasons. In addition, that great rate we have adjusts in 2011. If anyone has a suggestion as to how to get out of my home in a legal, moral way, move to a better community with better schools for my children–anything short of jumping off a bridge–I would love to hear it.

15.

Denise P
August 14th, 2008 at 2:56 pm

Laura: Best that you file for bankruptcy, foreclose on your home and save every penny from unpaid mtge payments. Find a v. modest way to rent a home in a good area for as LITTLE AS POSSIBLE (even a apartment) for right now. Work like crazy to get your credit score up again, keep saving hard, then buy again in a few years – something you can comfortably afford and preferably with the seller who has equity helping you with the financing through your Realtor or an real estate attorney. Real estate attorneys know a lot about the different tricks on how to get into home ownership. I have done all of the above – failed and succeeded, so I know how you feel.

16.

davejavu
August 18th, 2008 at 10:22 pm

I would have never thought to try anything like this, but our realtor basically lied to us when we bought our house. Four years ago, we purchased a house in an area with polluted groundwater. After buying the house, the water came back from the EPA contaminated, immediately lowering the value of our house. Now, in 2008, with the plume shifting right to our well again and prices in town dropping through the floor, we’re in deep. We owe 134K and the house, if appraised today, would probably fetch 110K at the highest. I’m sick, I’m pissed and I see no other option than to walk. It’s either drink poison or destroy our credit. And I’m not too proud to walk. I’ve petitioned the city to put in their water system to no avail, I’ve written anyone and everyone and I’m at the point when I get my next water test in two weeks, I’m going to go to an attorney to get some advice on what to do. I have a feeling he’ll encourage me to file BK. Any other suggestions before I make that leap?

17.

Raymond Kirk
October 6th, 2008 at 7:06 am

Great post! I’ve been very interested in buying a new house for a long time. I didn’t know this buy and bail tactic fraud. Thanks for sharing it.

18.

Anonymous
October 7th, 2008 at 4:34 pm

Wow Dave…you’re going to file bankruptcy over $25,000 debt? Our house has lost $100,000 in value since we moved into it 2 years ago, and on top of that I’ve lost my job and have law school loans to the tune of $80,000. Now that’s bankrupcy material

19.

Arthur Jamieson
October 8th, 2008 at 11:51 pm

Hmm, don’t you think that swapping houses with negative equity for much cheaper ones is morally wrong?

20.

edn143
November 12th, 2008 at 3:13 am

I used to think these sort of tactics were morally reprehensible, sleazy . . . but after the $750 billion + bailout of the same companies that perpetrated this crisis (don’t know this for sure, because the names of the companies bailed out haven’t been released by the Feds), I’m starting to wonder if ethics should play any part at all in our financial decisions. When “normal” people, with good credit scores, start wondering if it’s worth it to play by the rules, we’ve got trouble.

21.

TMS3142
December 28th, 2008 at 12:11 pm

One year ago, my wife and I bought a house then came all the bad news about the economy, the banks, foreclosures. Now, my wife lost her job and I am the only earner. We are able to get by but I am scared to death about not being able to save money for rainy days. Our house is worth a lot less than what we paid for at least by $50k. Things do not look good here in Las Vegas area in the housing market or the economy. The house has become a big burden now. After learning the details of this housing meltdown, I feel that the banks played a bigger role in creating this mess. I take full responsibility in my part for being in this position but the banks also took a chance on some of the people in my neighborhood when they decided to lend them without proper proof of income. I am hoping to go for a short sale but if the banks do not work with me, we are planning on letting the house go and rent. The stress is killing me. I have always tried to do my finances carefully but I guess I was drunk when I decided to buy the house. I do not have any other debt and never been late with my bills. How long will it take to rebuild my credit? It might be 2-3 years before the economy recovers and by then I would have saved enough to make wiser decisions financially. I have learned my lessons the hard way. Never get a house if the payment is going to be more than 25% of your income. I do not want to use the buy and bail tactic. I think it is a lot easier to rent a house and wait until the the house price drops even more. People have underestimated the severity of this crisis. I do not plan on buying a house any time soon (at least 4 years).

22.

Lola
March 16th, 2009 at 5:34 pm

When you buy a second home though. Dont you have to buy conventional…which the down is way higher than a FHA loan. 10% of the home value I think a conventional is???
I really want to buy another cheaper home and have enough if I could do a FHA loan, but not conventional. I want out of my house that has lost of $50K in value, and my payments are too high for me to make due to job loss, and pay reductions. But I still want to own a house..just a lot cheaper one…

23.

Michele
March 29th, 2009 at 10:43 pm

I live in Northern CA…the house next door sold for $409,000 in July 2006. The couple who bought walked away a year later (2007) & it just sold this past January for $188,000. I currently owe $310,000….lived here 6 years…put on a new roof, new landscaping, new heating & a/c, remodeled 2 of my 3 bathrooms, new doors (inside & out), new carpet, installed laminate flooring downstairs, new water heater, new automatic garage door, and more…and I can sell my house for around $188,000 – $190,000!!! I am seriously considering the “buy & bail”!

24.

Jon-Paul McTavy
April 19th, 2009 at 4:55 am

hmmm !!!!Work like crazy to get your credit score up again, keep saving hard, then buy again in a few years – something you can comfortably afford and preferably with the seller who has equity helping you with the financing through your Realtor or an real estate attorney. Real estate attorneys know a lot about the different tricks on how to get into home ownership. greets to you all !!!

25.

Carpet Bedfordshire
April 20th, 2009 at 7:30 am

It is about time that people get their own back with the banks. Unfortunately for us they will still continue to dictate whether you are credit worthy to purchase your house. If we looked at the banks credit rating would you do business with them…My bet is no!

26.

Carpet Flooring Bradenton
April 20th, 2009 at 7:50 am

Never used such technique but sure wanted to try once

27.

California Foreclosed Homes
April 28th, 2009 at 5:17 am

“I couldn’t agree more, this is really a GOOD ideal.
I hope I would never need to use this technique, but who ever used it should get some credit for it.
They are smart.”

28.

Builder
April 30th, 2009 at 5:28 am

That’s a great idea. I might give it a thought.

29.

Title Insurance Tampa
May 1st, 2009 at 2:08 am

Swapping house great thinking, i don’t think any harm to do so, but needed smart work.

30.

Wedding Planning
May 12th, 2009 at 7:34 am

It is about time that people get their own back with the banks. Unfortunately for us they will still continue to dictate whether you are credit worthy to purchase your house. If we looked at the banks credit rating would you do business with them… Real estate attorneys know a lot about the different tricks on how to get into home ownership. greets to you all !!!

31.

Flooring
May 18th, 2009 at 2:21 am

We are obviously in a very bad housing market and unfortunately for owners it is a buyers market. If you must sell why not try to up the value of your house without spending that much such as installing new flooring that will add value to your home without having to break the bank.

32.

fake rolex watches
May 20th, 2009 at 4:52 am

you may be able to bypass the fraud part of the scheme entirely. Those who’ve pulled it off successfully say there’s nothing fraudulent about it, possibly because it uses the banks’ own policies against them.

33.

debt loans
May 25th, 2009 at 2:30 am

great post, like it

34.

Real Estate Postcards
June 23rd, 2009 at 11:01 pm

Great post, the illustration was very entertaining. People are finding more ways to save on money these days, since the economy is not in its best condition. Thanks for the post.

35.

Alice Radio
July 7th, 2009 at 1:34 am

love really could be scattered by suffering. I love your pictures while feel sad.

36.

credit repair services
July 8th, 2009 at 8:31 am

It’s hard to see your same exact home now on the market for half the price you paid for your home. It sure would be nice to have half the mortgage payment you have now for the same house!

37.

carpets bedfordshire
July 10th, 2009 at 4:48 am

Good comment and I agree irrefutably, your credit will suffer greatly during these times. Banks shouldn’t be able to dictate policy as they are spending our money and are only profitable due to tax payers beneficiary.

38.

justme
November 7th, 2009 at 12:22 pm

What most people don’t realize is that their lenders have mortgage insurance. This assures they are paid, even if the homeowners are in a situation where they have to short sale their home or even bail. What irritates the heck out of me is this. You have an honest hard working couple doing their best in this MESS; taking jobs they would never have, but don’t have a choice if they want to save their home; working night and day, even doing odd jobs for anyone. And after 3 years of struggling and worrying HOW ARE THEY GOING TO PAY THE TAXES AND INSURANCE, (which has tripled where I live) and actually affecting their health; they bite the bullet and try a loan modification with their lender. After FIVE MONTHS of following up, faxing and re-faxing because if the lender doesn’t receive the ‘entire package’ they discard it; spending $200 on faxes alone – they’re told ‘you’re denied. you don’t make enough’ Is there any wonder why good honest hardworking people are turning to other measures that they probably wouldn’t have ever considered this. But here’s the REAL irritating part. When the couple tries a short sale, the lender has the NERVE to threaten the homeowner to pay the portion they agreed to ‘forgive’ This is the same $ that they’re already going to recoup on from the mortgage insurance. And if I’m not mistaken, cuz I’m not sure, mortgage insurance is backed by the government, which is funded from OUR TAXES. So we’re paying again!! Then we wonder why this country is in such a mess.

39.

Katie
December 16th, 2009 at 8:11 pm

I currently live in a house that was bought for 230,000 and is not worth less than 130,000. The house is under my boyfriends name. We want to move and could not even get close to the 160000 he owes on the mortgage, if even getting it to sell at all in this market. I am not willing to wait the 5 years or so to just break even. Unless we got a loan modification we couldn’t even rent it for close to what the monthly mortgage is. We are thinking of stopping payments, saving that amount each month, and waitng to be kicked out. Seeing as how it could take a while, this could be a big savings. Then I can buy a house in my name. His credit will be ruined, but right now we would sell and be down 40,000. Short sale would ruin his credit for a while anyway. I know this is immoral. I am usually responsible but we have been paying our mortgage and only getting screwed. We just wnat to move and get on with our life. Any comments/suggestions on this plan?

40.

Greg
December 25th, 2009 at 4:19 am

Katie, my wife and I are in the same position.Here in Az are house is upside down about 80,000. We have a home equity loan to get my wife through school, and at the time the bank appraised the house an extra 25,000 at the time, but I didn’t want to be upside down if we needed to sell so I took 25k less on the loan. HaHa, look at where we are at now, still 80,000 upside down. I wish now I would have taken the extra 25k. I have a lot more career options in another city right now, but can’t move because of this house. I am renting it out right now, but renters are always late, and I still have to carry $600 extra to cover the mortgage. We have always believed in paying our bills, but have trouble swallowing the fact of having to stay here in Phoenix for another 7 seven years for the house to recover, while I watch my career slip away. Az is worse than Detroit right now. Its hard for me to feel sorry for banks right now after the payday they got. The same people, when things got tight, doubled and tripled peoples interest rates on their credit cards. Like another person in the forum said, maybe shouldn’t have ethics when it comes to business, which this is. I starting to believe this, but I am fighting it. Take a look at the unions. When UPS is up for contract, I bet they get some nasty negotiators in there, and when they don’t get what they want, they threaten to strike (British airways pilots on Christmas) nothing personal, just business. Maybe, I need to get nasty to, but its hard to bring myself to it. So I am just getting by right now, trying to figure it out like you. Good Luck

Ps: I know I am not alone, but writing this helped vent alittle

41.

Katie
December 29th, 2009 at 2:59 pm

Hi Greg, Thanks for your reply. Surprise surprise, we are in Phoenix too. Sounds like a similar situation. Wanting to move to midwest and not wanting to be held down by a house that I don’t really like in the first place. Just looked on zillow.com and a house in our neighborhood that zillow says is worth 110,000 just sold a few months ago for 75,000. Ridiculous. Frustrating. We are in the same situation with renting. My bf did get ahead on his last house when the market was too good, so we can’t complain about some of the loss, but there is no way we can get close to the 1200 a month owed if we tried to rent it. Right now trying to decide if I should but time and some money into painting, landscaping, etc. to try to get it sellable, or just throw in the towel. Keep me posted if you make any decisions. And yes, half the country feels like us, and it is good to vent. I wouldn’t be so unhappy if i was just happy staying in the house for a few years.

42.

Mike @ Arizona Fix and Flip Lender
April 22nd, 2010 at 8:59 pm

The cartoon is very funny. I can relate.

43.

Chapter 7 Bankruptcy Attorney Phoenix
April 28th, 2010 at 6:21 pm

I do hope that this was a joke, written tongue in cheek.

44.

John
April 30th, 2010 at 11:26 am

I owe $500,000 on a house worth $300,000. We paid 550k in ’07. The banker, realtor, and appraisor misled us – but our lawyer says theres no way to prove fraud etc.

I’ll do anything legal to bail on this place – except bankruptcy.

Any ideas?

45.

Josh Speer
May 27th, 2010 at 1:32 pm

Morality has nothing to do with any of this. Most of us don’t try to “beat” people, but when opportunities arise in a crazy economy, sometimes you just have to do what is best for you.

46.

surprise az homes for sale
June 8th, 2010 at 5:00 pm

There are so many underwater homes around, it makes me wonder what is going to happen. I hope it works itself out. I know a few people personally who are underwater.

47.

Las Vegas Loan Modification
June 14th, 2010 at 10:23 pm

My condo is also underwater. I bought it for 190k and I am luck if I could get 80k for it. I have decided to not make any more payments and let it foreclose.
It was a tough decision. But, it seems highly doubtful that I will ever get back to the original price within 20-years.

48.

Saving Money
June 15th, 2010 at 8:27 am

These cartoons are absolutely priceless. What a great way to avoid debt! lol

49.

Rosetta Stone
July 30th, 2010 at 4:55 am

To buy a new house, we can go to the mortgage, thus, for both parties

50.

sofia is bankrupt
August 4th, 2010 at 1:24 am

Hilariously funny. Can’t make it in reality.

51.

lAURIE
August 24th, 2010 at 8:33 pm

. And all its going to do is keep bringing down home prices. So the new home you get into will soon be upside down to. Thats why our country is a mess because know one wants a upside down house.I think if you dont really care about your credit anyway why not do a bankrupty get rid of the house and all your debt then in 2 years you can get a loan a buy a new house and start over. Most home loans will give you a loan after your discharged 2-3 years depending on the loan co. Home prices are going to keep going down for several more years I wouldnt invest in a new home until it then.

52.

chanel outlet
August 31st, 2010 at 8:23 pm

That’s a great idea. I might give it a thought.

53.

Pat
September 3rd, 2010 at 1:54 am

We bought our house for 405k in 04 and now it’s worth about 210k..We did a modification with our mortgage holder. It took almost a year, one denied notice and 3k for a lawyer to help negotiate. Well the outcome was our payment went from interest only to a 4% P&I which only brought our payment down $85.00. The only reason we even did the modification was that I injured myself at work and had to retire with half my income. Now we are wondering if we should just walk away. We are almost 60 years old and the prospect of waiting 3 years before we can buy again is depressing. The only thing is that the wonderful government who says they want to help will slap you with taxes from the sale of your foreclosed home even if you did not get any money out of the sell. We were one of those people who could afford our home but never thought we would be in this situation. What to do is the number one topic of the day for us and we still don’t want to be the kind of people who walk away from our responsibilities. Time is not on our side and neither is our government. Obama is a joke and the bail out was a sell out!!

54.

david
September 10th, 2010 at 11:30 pm

This is a great idea to buy our house. I never used such technique but sure wanted to try once. Thanks a bunch for sharing.

55.

Brisbane Property Investment
October 5th, 2010 at 6:20 am

Upside Down on Your Mortgage? Buy A New House For Cheap, Then Default On the Old One!_________>>>>>>>Great idea. Nice featured article, Thanks for sharing it.

56.

Palmdale homes
October 19th, 2010 at 2:45 pm

It’s true that if there’s a way to manipulate the policies of purchasing a property, people will figure it out. Yes, the economy has gone down and that affects the real estate market, but I believe most people can afford their mortgages and buy and bail for the sole fact that their payments will go significantly down. Imagine how much faster the market would recover if there was a strict legal penalty that was always followed through on people who buy and bail.

57.

Church Mortgage
November 10th, 2010 at 2:24 pm

I agree with your suggestion for the short sale. At least everything is done with blessing of the bank!!

58.

alomda
November 11th, 2010 at 7:03 am

yes are right man . thnx for ur effort بلاك بيري

59.

intensive driving courses
November 17th, 2010 at 6:27 am

Hi,thanks for sharing the information.Really a good idea.Your views are very smart.Thanks again for sharing the information….

60.

Stephen
November 29th, 2010 at 12:34 am

Thanks for sharing this information. Great little cartoon also. The crisis that everyone is facing is extreme and your idea may change this problem.

61.

شات بنات
December 9th, 2010 at 11:00 am

Theme is beautiful and more information than a great wish you to write more articles

62.

Nashville Homes
December 10th, 2010 at 7:17 pm

I am sure people have been able to do this and get away with it but I am pretty sure that most lenders will require a tax return that shows rental income for a minumum of 12 months. However I could be wrong, my fiance says I am wrong all the time.

63.

العاب
December 13th, 2010 at 2:49 pm

This article of the best articles I’ve read already

64.

Derrick Shelnutt
December 16th, 2010 at 5:40 pm

I found your site while browsing on google for old Picture post cardstag stuff and read a few of your other posts as well. I’ve just added you to my yahoo rss Reader.do you fancy a link exchange? – my own site is We Sell vintage Post Cards

65.

Kevin the california real estate loan guy
December 17th, 2010 at 4:37 pm

Love the comedy strip style graphics! I do California real estate loans and with regularity I see people who are leveraged to the hilt and spending money they don’t have and than….boom. They hit a bump in the road and have no wiggle room. Loan underwriters are wise to the buy and bail even when the seller is putting 20% down on their new purchase. Homeowners in a severely upside down equity situation have limited options, and I’m afraid things are going to get worse before they get better.
californiarealestateloan

66.

Troy Langan Jupiter FL Real Estate
January 18th, 2011 at 10:16 am

Haha! That comic had me loling.

I hate that our government bailed out all of these companies who have no morals. They only care about they bottom line.. and they will straight up LIE just because they can. It’s ridiculous.

67.

Torna
February 11th, 2011 at 8:38 pm

I suggest this site to my friends.Hence it could be useful & informative for them also. Great effort.

68.

Torna
February 11th, 2011 at 8:42 pm

Thank you for the article useful view the article and I hope you write again. very nice. brother nice..

69.

Sohbet
February 12th, 2011 at 4:11 pm

Thanks for admin.nice sharing.very nice..

70.

alarabforum
February 14th, 2011 at 7:29 am

Thank you for the article useful view the article and I hope you write again. very nice. brother nice..

71.

العاب بنات
February 19th, 2011 at 3:14 am

fthanks for sharing. very useful article. maxiduss

72.

العاب
February 19th, 2011 at 3:14 am

tThis article of the
best

articles I’ve read already

73.

Odd jobs Chris
March 1st, 2011 at 5:35 am

I wonder if this is possible in The Netherlands, good think we don’t have creditscores here. You only need to show a pay check of atleast 1500 euro’s, so that it shows you can afford the costs.

74.

PV Brokers
March 12th, 2011 at 10:21 pm

I would say that the buy and bail loophole will be quickly closed. It is just not worth ruining your credit unless you are SEVERELY under water. I try to have the best Palos Verdes real estate website in my area and would discourage clients against this tactic. Very provacative topic. Love it !

75.

zara
March 25th, 2011 at 10:47 pm

http://www.vibramfivefingershoes2011.com/

76.

haiying
April 12th, 2011 at 4:42 am

http://www.mylouisvuittonoutlet-sale.com/

77.

xx
April 27th, 2011 at 3:00 am

http://www.louisvuittonoutletsale.org/

78.

San Diego New Homes
May 11th, 2011 at 4:56 pm

Sounds like a financially irresponsible thing to do.

79.

zara
May 14th, 2011 at 3:19 am

http://www.burberrybags-store.com/

80.

Female driving school lessons and instructors Birmingham
May 24th, 2011 at 11:27 am

Nice Article and illustrations. House prices have gone down but so has job rate so it’s really tricky on how to go about this.

81.

Matt
June 7th, 2011 at 6:22 am

This is a cheating procedure and not effective for our daily life peace. Any problem can cause after all.

82.

Roofing articles
June 9th, 2011 at 7:30 am

Hi,thanks to share with me here.I don’t face this situation till now but I appreciate your ideas here.

83.

Rehan Ahmad
June 10th, 2011 at 6:33 am

Nice post with fantastic cartoons. Good briefing how to get benefits from backdoor with legal ways. Thanks Punny for your experienced post.

84.

Adam
June 13th, 2011 at 5:45 am

wonderful Ideas and new and impressive news for new generation. Nothing to forget, is a great achievement if this should try to openly for all of us. Have a nice day!

85.

Loans in Australia
June 14th, 2011 at 8:20 pm

Good ideas on how to get a new home with legal ways.

86.

Jeff
June 15th, 2011 at 11:12 am

This is quite possibly one of the most reckless things a homeowner could do when facing an underwater mortgage or foreclosure. One actual LEGAL alternative is to try to get your bank to agree on a short sale. A short sale is selling the house in full for an amount less than the original mortgage. This is often agreed upon when the current house value is significantly less than the mortgage amount. Both sides win in this situation. The homeowner gets out of a money pit, and the bank avoid being stuck with a house to sell.

We Buy Houses in NJ

87.

Hollywood blog
June 20th, 2011 at 6:14 am

A strange story of getting a new house. Wonderful post, very informative. I wonder why the other specialists of this sector do not notice this. You must continue your writing. I’m confident, you’ve a great readers’ base already!

88.

Lauren
June 24th, 2011 at 1:35 am

Hi Punny! no doubt very friendly for the primer! Most of the posts in the blog set off with perfect acquaintance… Thanks for the enlightenment!

89.

Home information
June 25th, 2011 at 3:24 am

Really good post! I’m very impressed by your article and definitely I’ll try to follow your suggestions. Keep up this good work.

90.

Jack
June 25th, 2011 at 6:11 am

Nice article. Simply to say that you are guiding us to live a better life by managing our assets and budgets. Thanks Punny.

91.

Micheal
July 3rd, 2011 at 8:06 pm

Some of the posts are hiving us underground ideas to get much more money through backdoor. Thanks Punny!

92.

Top Ten Lists
July 5th, 2011 at 7:19 am

Good ideas to get a new house in cheap by using special tactics. Great mind Punny!

93.

دردشة
July 6th, 2011 at 12:50 am

thank you man a lot’s

94.

Cheap B&B Edinburgh
July 11th, 2011 at 1:12 am

It’s good to know you have a new domain. I will be looking forward to your new posts.

95.

Over Head Cranes
July 13th, 2011 at 1:04 am

Took me time to read all the comments, but I really enjoyed the article. It proved to be Very helpful for me and I am sure to all the commenters here! It’s always nice when you can not only be informed, but also entertained! I’m sure you had fun writing this article.

96.

adidas fg soccer cleats
July 14th, 2011 at 10:46 pm

There was just no question in my mind that I would do anything I could. QL

97.

burberry outlet
July 29th, 2011 at 2:20 am

It is a very informative and useful post thanks it is good material to read this post increases my knowledge

98.

Loan Modification Nevada
July 30th, 2011 at 9:23 am

Seeking a permanent change in the terms of your loan requires timely, tactful, yet assertive communication with the lender. You will need to convince the bank that this process is necessary to avoid foreclosure and loan modification nevada can certainly help, which would cost the lender more money than would be lost by lowering your interest rate. However, banks make their money from interest, so having a lawyer on your side for guidance gives you the best chance against a lender who has strict policies surrounding the reinstatement of loans.

99.

شات صوتي
August 2nd, 2011 at 7:02 pm

qe http://www.q8motor.com/

100.

Dubai Jobs
August 3rd, 2011 at 1:15 am

Hi Punny! This page is useful and productive. Many people will surely agree that everything in your blog is good. In the event you keep on writing interesting content on your website, there’s always a greater possibility that many website visitors will go to your internet site. Thanks.

101.

Mike John
September 7th, 2011 at 12:43 pm

Interesting and informative post. It teaches me that persistence is necessary to get the best possible deals out there. Thanks!!!

102.

Piano Tuner
September 7th, 2011 at 7:07 pm

Great beat ! I would like to apprentice whilst you amend your site, how can i subscribe for a weblog web site? The account helped me a acceptable deal. I were a little bit acquainted of this your broadcast offered vivid clear idea.

103.

دردشه
September 14th, 2011 at 8:45 pm

mcryh mcryh mcryh

104.

Virginia Short Sales
September 26th, 2011 at 3:57 pm

Short sale could be the answer, contact us and our experts will get you the answers you need.

105.

WALKER
October 2nd, 2011 at 8:22 pm

RT @jonkipli2011Naek kereta api tut-tut-tut siapa hendak turut kebandung surabaya bolehlah naik sambil puasa #ge… http://t.co/uT7S9hUf

106.

DOYLE
October 3rd, 2011 at 4:12 pm

Kan iemand zgge wa twitter api is??

107.

Microwave
October 15th, 2011 at 12:04 am

Thanks friend for the share. Was pleasantly surprised by your post. Your method of extracting the important bits shows a real eye for detail. Your writing flowed very nicely. Many thanks

108.

Monster Earphones Sale
October 29th, 2011 at 1:29 am

Monster & Witch costumes etc. Baby Halloween costumes possess very remarkable manner within the govern

109.

balmain clothing
October 29th, 2011 at 1:41 am

All these contacts rob a giant of a shoulder curve, coiling their bodies, and just waiting towards unload it onto the downswing.

110.

Belstaff sale
October 29th, 2011 at 1:47 am

Developing many energies within your golf behave onto initiates with your flexibility.

111.

Personal Blog
November 3rd, 2011 at 10:56 am

Hi Author! Interesting topic. You have made various nice points in the post. Thanks a lot.

112.

Kim
November 3rd, 2011 at 2:04 pm

I have heard of this but it doesnt sound as simple as they make it. My mother passed away & I wanted to move out of state to help my father who is ill also. I am underwater by about $68,000 and wanted to build on a piece of land my parents gave me. It sounded like a good plan as I dont have the down payment for a new mortgage & the land would serve as collateral for the down. I was going to rent my home & pull in rental income for 2 years as I was told by the banks that if you have a mortgage and try to get another one the banks require 2 years rental “income” in order for the 1st mortgage pymnt to not be counted against you when qualifying for the new loan. Anyway – in that two years of renting I could get my debt down considerably. Now with mom gone not sure if I want to build & be a homeowner at my age or be a landlord! Worked my a** off for 13 years to rebuild my credit after a messy divorce & abandonment situation so I am trying to preserve my credit but it doesnt look like that will happen!

113.

JG
November 6th, 2011 at 11:06 am

Don’t take this article seriously. You’d be trading one bad can of worms for another. If you do further research, you can see that banks can put a lien on your new home or even force a sale, may be able to garnish wages, your other assets, etc.

114.

LauraKentucky
November 7th, 2011 at 3:21 am

Here’s my predicament. Me and my husband purchased a home in 2006. We busted our butts to get it all together. My husband had a spinal cord tumor and after multiple surgeries as our main bread winner was forces to take permanet disabilty. It took 3 years, but with his back pay we got enough together to buy a very modest home that needed a lot of work, and we could afford it on his income alone. Not a big deal, but my health started to decline 2 years ago and I kept taking less hours at work and then lost my job all together after using 12 weeks of federal FMLA leave. I am unable to work now either. We did fine at first. I have private disabilty insurance that my employer provided and we have gotten by fine, we have made every payment and we struggle, but we have food, clothes and everything we need (Here’s the problem) The home we purchased is in need of a lot of work that neither me nor my husband can physically do and we have absolutely no funds to make the improvements that we have been holding off on since my health started to decline. We bought this house from a house flipping company who financed it for us until we could get a traditional mortgage which we did. We got screwed in several ways. We paid less initially because we were going to do all the work, 2 months after we moved in the city started a HUGE road work project infront of our home, several of our neighbors sold for huge losses and that affected the value the bank put on our home when we worked our traditional mortgage that was going to give us the money needed to finish up our renovating. I am now sitting in a home that I can’t complete that is killing us in heating bills due to terrible windows, no central air because that went out too. I could go on for days on all that needs done. I am handy and if physically able, we would have this house done one way or the other. Our credit is mediocre as with the massive amount of medical bills my hubby accrued with his tumor surgeries (even with insurance) we filed for bankruptcy and still got everything together and fixed our credit enough to purchase this home. I don’t want to take the hit of a forclosure. Anyone out there that can send some advice my way other than to just let it go? We have homes on the market in gorgeous neighborhoods here that I would be proud to own, with minimal maintenance for me and my husband to take care of, but I got to figure out what to do with this piece of crap. I am proud that we have not gone into forclosure and made all our mortgage payments on time. We are a one car family and we NEVER buy things we can’t afford. We don’t even have credit cards. So everything is cash or layaway in this home. I want to move real bad. I am pretty sure most folks wouldn’t have held out this long. Any suggestions? I will listen to anything at this point. Thanks

115.

You are are idiots
November 10th, 2011 at 8:53 pm

Anyone who thinks this is a “great” idea needs to rethink that. You are committing fraud. Depending on your state the bank can go after your other home to recoup their losses and put a lien on it. They can garnish your wages, etc. Not only will your credit suffer, you could spend time in jail, lose your other home and be much worse off than you were before trying to “beat the system.” It’s unbelievable that someone would post a site encouraging this, but also unbelievable that so many would think it is such a great idea.

116.

معهد
November 20th, 2011 at 6:03 pm

I have a presentation that I am presently working on ,,, and I have been looking for such information.
التقويم الهجري 1433

117.

Property Marbella
November 22nd, 2011 at 4:14 am

A few banks have wised up to the buy-and-bail scheme and are now requiring people who buy a new home before selling the old to prove they can pay the mortgage on both of them. Property Marbella

118.

John Carter
November 23rd, 2011 at 5:13 pm

what are the manifestations shown by a Bipolar child in proper diagnosis

119.

wesdrth
November 29th, 2011 at 10:12 pm

Anyone who thinks this is a “great” idea needs to rethink that. You are committing fraud. Depending on your state the bank can go after your other home to recoup their losses and put a lien on it. They can garnish your wages, etc. Not only will your credit suffer, you could spend time in jail, lose your other home and be much worse off than you were before trying to “beat the system.” It’s unbelievable that someone would post a site encouraging this, but also unbelievable that so many would think it is such a great idea.

120.

مركز تحميل زيرو
December 9th, 2011 at 12:04 am

http://www.up-0.net

I am presently working on

121.

دردشة عراق الرومانسية
December 24th, 2011 at 8:13 am

thank you a lot’s bro

122.

replica jewelry
January 26th, 2012 at 12:56 am

it is a marvelous post. thanks for the information.jtdyi

123.

شات
January 27th, 2012 at 6:50 pm

thanx this topic very very good

i will spend my time in this site

124.

دردشة العراق
February 16th, 2012 at 6:11 am

thanx this topic very very good

i will spend my time in this site

125.

Pain in Left Side
February 23rd, 2012 at 9:34 am

Ha, our house don’t have any number ever…

126.

Marbella apartments
March 15th, 2012 at 7:54 am

Dont buy anything you can not pay for the next 20 years.

127.

handbags
March 17th, 2012 at 11:55 pm

The party is on, you are very got at making fun o serious problems

128.

Laptop chargers in UK
April 4th, 2012 at 7:37 am

Nice article,keep up the good work

129.

Laptop chargers in UK
April 4th, 2012 at 7:38 am

Nice article, keep up the good work..

130.

Cheap MOT & Service Centre Walsall
April 4th, 2012 at 8:02 am

This is a great site for posts and news articles!

131.

badgley mischka evening dress
April 11th, 2012 at 12:55 am

Your idea coincides with mine and I think it’s better.

132.

replica Franck Muller Conquistador
April 18th, 2012 at 9:58 pm

JuafGS While i read

133.

منتديات
April 27th, 2012 at 10:50 am

Good The Hammsa ..

134.

شات
April 27th, 2012 at 10:51 am

Good The Chat ..