I feel for them, but wonder why they spent more on a home than they can

Feb 16, 2017
4:59:34pm

Pick-Six Coug 3rd String

afford? Their home is in foreclosure, that tells me they either borrowed more than they can afford or decided to walk away from their responsibility of repaying the bank. How is the bank at fault?

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Pick-Six Coug

Bio page: Pick-Six Coug
Joined: Aug 11, 2016
Last login: Apr 23, 2024
Total posts: 3,988 (198 FO)

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Messages

Author

Time

Man, buyer beware when you have your dream home built.

Florwood

2/16/17 12:26pm

Edit- Beware when you have your dream home built on a cliff of sand.

byubyu

2/16/17 12:29pm

Something about a foolish man building his house upon sand...

TheLoneCougar

2/16/17 1:00pm

Be really careful when building on a slope.

kccougar

2/16/17 12:31pm

Add "lots of fill dirt brought in to and added to the slope to create a building

ByuMba90

2/16/17 12:59pm

Be careful when building a home in a location that enables you to look down your nose upon everyone else.

foofcoug

2/16/17 12:32pm

I can do that just as well from a home in the valley.

Tokolosh

2/16/17 12:34pm

Similar thing happening to entire street in Boise foothills

deejo

2/16/17 12:34pm

I've seen foundation/soil issues in the last two neighborhoods I've lived in.

PGVikingDad

2/16/17 12:34pm

Also don't build in Saratoga Springs due to very poor soil and foundation issues

LaVellIfIKnow

2/16/17 12:35pm

R u seeing a lot of this in SS?

Sandy Lyle

2/16/17 12:41pm

I think that was meant for me.

PGVikingDad

2/16/17 12:49pm

I think there is a primary song about this.

Mr. Belding

2/16/17 12:41pm

if that's the couple i'm thinking of, if they can afford a million dollar house,

smokymountainrain

2/16/17 12:44pm

Why do we belittle people that have good incomes?

TheLoneCougar

2/16/17 1:07pm

i'm not sure. especially since i wasn't belittling him. i just can't feel

smokymountainrain

2/17/17 7:47am

So your sympathy is finite and exclusive?

TheLoneCougar

2/17/17 9:37am

Having just built a home, I really feel for these people. I hope they can get it

Chester Copperpot

2/16/17 12:53pm

I am in your exact same shoes. Just closed on ours two weeks ago.

TheLoneCougar

2/16/17 1:08pm

I see a lot of posts without any empathy. Kind of interesting

Idahofallsblue

2/16/17 12:55pm

Exactly, well said Sir.

TheLoneCougar

2/16/17 1:09pm

Where I lose a little empathy is when they go after the City

kccougar

2/16/17 1:13pm

But if the city inspected the soil, permits, etc. then it is (partially)

TheLoneCougar

2/16/17 1:23pm

Not really. The City is (and shouldn't be more) just a check to see if the Building Codeso have been followed

kccougar

2/16/17 3:46pm

I agree they aren't responsible for quality of construction, but that isn't the

TheLoneCougar

2/17/17 9:40am

The city definitely is in the mix for liability

wapiti

2/16/17 3:20pm

On "news" people typically feel sympathy for a kidnapping, a murder, someone

byu1

2/16/17 1:53pm

Honest question....would any homeowners insurance cover this?

idacoug

2/16/17 12:58pm

No. This is specifically excluded in every policy I have ever seen.

Ycrazy

2/16/17 1:46pm

Never understood mankind's pathological need to ignore reality...

cdr88

2/16/17 1:12pm

Happened in both Provo and Orem

Nat Gas Man

2/16/17 3:33pm

I feel for them, but wonder why they spent more on a home than they can

Pick-Six Coug

2/16/17 4:59pm

They're probably being forced to pay mortgage + rent since they can't live there

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