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1. 

   Comment by shanemacc on 16 January 2011:

   dude …your little rant won me over … your bang on!
2. 

   Comment by shanemacc on 16 January 2011:

   ummm what about those of us who didn’t buy during this huge upswing because we knew it was nuts and just didn’t want to get caught when the music stopped …how come people are allowed to default …people should be held to their obligations if they can afford the payment …even IF they owe more than it is worth. I do NOT feel sorry for these people!
3. 

   Comment by assym2006 on 16 January 2011:

   @namekuji

   and ? you should not borrow money in the 1st place, save and buy with in your means. Thats what I did Now at 42 I have a home fully paid for and no debts. Yes it’s hard but it can be done. You just go with out that new cell phone every 3 months and new car every year or so. Save and pay cash.
4. 

   Comment by namekuji on 16 January 2011:

   What a moron. You’ll destroy your credit. You promised to pay a certain amount and now you break it? Go for it, but no one will ever loan you money again and you’ll spend the rest of your life renting a trailer home. Dumbass
5. 

   Comment by namekuji on 16 January 2011:

   What a moron. You’ll destroy you credit. You promised to pay a certain amount and now you break it? Go for it, but no one will ever loan you money again and you’ll spend the rest of your life renting a trailer home. Dumbass
6. 

   Comment by dgallegos4201 on 16 January 2011:

   Yeah cuz when you take out a loan you shouldn’t have to pay it back. Why be responsible? You have a right to own a house you have no dream of paying for.
7. 

   Comment by FRGI2010 on 16 January 2011:

   In response to the Real Estate Station. There are many states and many situations where you can stay in your house for a long period of time without making your payments, the lender will pay you to leave and they can’t touch you later. The only thing they can do is damage your credit. Over half the country can’t get a home loan today anyway. The bottom of this market is still 4 or 5 years away. Don’t let morals get in the way of your survival. Check out Financial Revival Group.
8. 

   Comment by TheRealEstateStation on 16 January 2011:

   One thing you should know…if you walk away form your mortgage. The bank/lender will foreclose…rightfully so. Then after they sell the property for pennies on the dollar they will sue you for the difference in the selling price and what you owe plus fees. They have five years to file that law suit and when they win (they will win) they have 20 years to hunt you down and collect. 20 years of harassment, garnishments, debt collectors.
9. 

   Comment by TheRealEstateStation on 16 January 2011:

   One thing you should know…if you walk away form your mortgage. The bank/lender will foreclose…rightfully so. Then after they sell the property for pennies on the dollar they will sue you for the difference in the selling price and what you owe plus fees. They have five years to file that law suit and when they win (they will win) they have 20 years to hunt you down and collect. 20 years of harassment, garnishments, debt collectors.

   I
10. 

    Comment by TheRealEstateStation on 16 January 2011:

    One thing you should know…if you walk away form your mortgage. The bank/lender will foreclose…rightfully so. Then after they sell the property for pennies on the dollar they will sue you for the difference in the selling price and what you owe plus fees. They have five years to file that law suit and when they win (they will win) they have 20 years to hunt you down and collect. 20 years of harassment, garnishments, debt collectors. Just sayin’

    I
11. 

    Comment by Agent1W on 16 January 2011:

    @danadlt1 How about the inauguration day of President Obama. January 20th, 2009.
12. 

    Comment by danadlt1 on 16 January 2011:

    Let’s declare a national “Walk Away” day! Somebody Pick a day.
13. 

    Comment by dl5373 on 16 January 2011:

    agree 1000% im doin it
14. 

    Comment by misterwipedown on 16 January 2011:

    brilliant guy.
15. 

    Comment by wright4ULG on 16 January 2011:

    Thank you for your youtube. I have posted it at piggybankblog com with has been created for all those who have been abused by Bank of Destroying America. I am John Wright and I AM FIGHTING BACK!
16. 

    Comment by strategicdefaultlaw on 16 January 2011:

    My Strategic Home Default
17. 

    Comment by acurabud2 on 16 January 2011:

    Why does it matter if your home is worth less now then when you bought it. If you bought the home to live in, then it is still the same house now as it was before, just live in it. If you bought the house as an investment then you made a bad investment. Can someone please explain why it matters what the current value of your house is if you are going to live there for another 20 years. The value only matters if you are going to sell your house in the near future.
18. 

    Comment by desertr0se2007 on 16 January 2011:

    I first purchased a larger home, then walked away from one that I was upside down in. That was last year and I’m glad I did.
19. 

    Comment by tarsier4u on 16 January 2011:

    MORAL QUALMS?? YEAH LETS TALK MORALS: LETS TALK ABOUT THOSE HONEST BANKS TAKING MILLIONS OF SUBPRIME ( AKA RISKY) MORTGAGES AND FRAUDULENTLY LABELING THEM AA AND AAA RATED SECURITIES , SELL THEM TO OTHER FINANCIAL INSTITUTIONS AROUND THE GLOBE FOR BILLIONS IN PROFITS KNOWING THEY WERE GOING TO GO BAD. I FEEL SO
20. 

    Comment by tarsier4u on 16 January 2011:

    MORAL QUALMS?? YEAH LETS TALK MORALS: LETS TALK ABOUT THOSE HONEST BANKS TAKING MILLIONS OF SUBPRIME ( AKA RISKY) MORTGAGES AND FRAUDULENTLY LABELING THEM AA AND AAA RATED SECURITIES , SELL THEM TO OTHER FINANCIAL INSTITUTIONS AROUND THE GLOBE FOR BILLIONS IN PROFITS KNOWING THEY WERE GOING TO GO BAD. I FEEL SO
21. 

    Comment by Okfalls on 16 January 2011:

    LOL! The only ones to blame are the realestate agents who vend cheap money to idiots.
22. 

    Comment by taysirk on 16 January 2011:

    Im walking away… they foreclose…
23. 

    Comment by ordphx on 16 January 2011:

    @TheTwiggyHere
    Wall street created the bad loans, and then wanted the bad loans to fail. Wall Street bought insurance against these loans, hoping they would fail. Feel any differently now? Tune into the news, because it’s finally making the headlines. Goldman Sachs can go rot in hell.
24. 

    Comment by xtraeffort2pay on 16 January 2011:

    @freepress666 –Is there a website?
25. 

    Comment by xtraeffort2pay on 16 January 2011:

    My account is currently on hold pending payment up to date. Do I call them and let them know I am walking away and just let it go into foreclosure? Do I move out? Will I be stuck with the balance of the mortgage if it sells for less?

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