tag:blogger.com,1999:blog-32768818.post6616891883962449471..comments2024-03-24T18:18:35.272-05:00Comments on BALLSEYE'S BOOMERS: Questions To Ask About The Mortgage Company and Financial Institution Government BuyoutsGlenn Bhttp://www.blogger.com/profile/16677859688487279914noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-32768818.post-59228545527123295912008-09-21T09:26:00.000-05:002008-09-21T09:26:00.000-05:00RUN FOR POLITICAL OFFICE!I read something in the p...RUN FOR POLITICAL OFFICE!<BR/><BR/>I read something in the past few days...and I cannot recall where. But the concept was to create minority home ownership in the late 90's, then when the housing boom hit, these persons jumped to a home way out of financial bracket and banks did not request a papertrail....and that the credit rating for different minorities vs...well it was shocking.<BR/><BR/>If I ran my home this way...we would be in prison. Oh and I think I learned a simple concept in HS Economics class, regardless of what the bank SAYS you can finance, your home payment should never surpass 1/4 of your monthly income. I have taken that to heart, and in fact ours does not meet 1/6 of our income. Elbow grease turns any home into something fresh. <BR/><BR/>Too bad we cannot convince the country that WE DO NOT NEED NEW~NOW ~ALL the time. <BR/><BR/>We will pay for this for a long long long time.<BR/><BR/>So I close again...run for political office.<BR/>JenniferHumble wifehttps://www.blogger.com/profile/02823200562312609670noreply@blogger.com