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re: sec hater danny kanell

Posted on 4/26/17 at 3:22 pm to
Posted by MrAUTigers
Florida
Member since Sep 2013
28311 posts
Posted on 4/26/17 at 3:22 pm to
quote:

That depends on the home's payoff.

If he still owed $900,000 on it....


The point is.....if he can own a $1.2M home, he isn't hurting for money. His kids aren't going hungry.
Posted by SavageOrangeJug
Member since Oct 2005
19758 posts
Posted on 4/26/17 at 9:01 pm to
quote:

The point is.....if he can own a $1.2M home, he isn't hurting for money. His kids aren't going hungry.

I used to work for a mortgage broker. You have no idea how far off base that statement is from the actual truth.

You would not believe the number of people who live in 5 and 6 bedroom homes who are literally 30 days from the street. One more missed payment from foreclosure.
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