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<blockquote data-quote="Trip McNeely" data-source="post: 133197" data-attributes="member: 728">exactly why this pisses me off. the fraud in banking and the insurance industry. why do you think i have a hard time trusting a bank. why do i have to pay for insurance if its not my money to fix my house? this is MY house. i agreed to borrow the BANKS money to buy MY house but thats where this should end. the amount is far less than i have in equity so how would the bank lose? i have a vested interest as well so why wouldnt they see i have motivation to fix it..... as far as im concerned i could walk away from this house take the money and the bank would come out further ahead than if i fixed it and payed it off right away.- - - Updated - - -overall, im calling this a very educational experience. as i age i approach everything with alot more caution. i didnt read the fine print, so i guess i learned my lesson. i just wanted to get others takes in it and hopefully generate discussion in your own households. im working on becoming my own bank and with a little more hard work should be able to take loans from myself in the very near future.</blockquote>

[QUOTE="Trip McNeely, post: 133197, member: 728"] exactly why this pisses me off. the fraud in banking and the insurance industry. why do you think i have a hard time trusting a bank. why do i have to pay for insurance if its not my money to fix my house? this is MY house. i agreed to borrow the BANKS money to buy MY house but thats where this should end. the amount is far less than i have in equity so how would the bank lose? i have a vested interest as well so why wouldnt they see i have motivation to fix it..... as far as im concerned i could walk away from this house take the money and the bank would come out further ahead than if i fixed it and payed it off right away. [COLOR="silver"][SIZE=1]- - - Updated - - -[/SIZE][/COLOR] overall, im calling this a very educational experience. as i age i approach everything with alot more caution. i didnt read the fine print, so i guess i learned my lesson. i just wanted to get others takes in it and hopefully generate discussion in your own households. im working on becoming my own bank and with a little more hard work should be able to take loans from myself in the very near future. [/QUOTE]

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