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View Full Version : I've seen it all now


Kriz1
10-13-2008, 04:46 AM
http://news.yahoo.com/s/ap/20081012/ap_on_re_us/foreclosure_shooting;_ylt=ApfBD_FskdzXOYhC1N0ZFaoX Ir0F

Susie
10-13-2008, 05:02 AM
Well, I am at a loss as to what to say, which seldom happens, lol

I am surprised at the US allowing old people o take out a 30year mortgage especially when there is a good chance the person will not survive the 30 years

As far as I remember , in the UK you could only get a mortgage which had to be repaid by retirement age. or has the system changed in the UK in recent years?

Kriz1
10-13-2008, 12:47 PM
I asked that when we took out a 30 year one...but they don't care...and know many older people use their homes to pay for heathcare...which is so wrong..