aemeijers wrote:
Steve wrote:
Hi everyone. We will be walking out of our house shortly in CA. I am
selling
everything that can be remove and one of the item is the garage door
which I
paid for about over two years ago. Is there any legal issure with the
bank
after we walk out?

Thanks



On the slight chance this isn't a troll, yes, there is an issue.
Anything attached to the house is considered a fixture, part of the real
property, and belongs to the lien holder. If you added an electric
opener, you might be able to take that, but to leave a gaping opening
will no doubt **** off the bank, and could make them more likely to
remember to totally trash your credit for walking away. If you HAVE to
walk away from the house, best to be up-front about it with the bank,
keep them informed of the schedule, leave the place clean and lockable,
and drop off the keys on the way out of town. Ask them what they want
you to do with the utilities- switch them off, or let the bank switch
the billing to their in-house or outsourced people that take care of
bank-owned properties. If you live where it freezes, and you turn off
the heat, and the pipes burst and cause a flood, the bank will not be
happy.

--
aem sends...

Garage doors are usually pretty heavy, and there is a lot of potential
energy in the springs. Perhaps when Steve tries to steal the door,
he'll be gravely injured and improve the gene pool.

In article ,
Steve wrote:

Hi everyone. We will be walking out of our house shortly in CA. I am selling
everything that can be remove and one of the item is the garage door which I
paid for about over two years ago. Is there any legal issure with the bank
after we walk out?

Thanks

You get no sympathy from me. You bought something you couldn't afford.
You *are* the problem. Why you think stealing parts of something you
can't afford to own will make you sleep easier at night is beyond me.

"President O Debacle" wrote in message
...
Steve wrote:
Hi everyone. We will be walking out of our house shortly in CA. I am
selling
everything that can be remove and one of the item is the garage door
which I
paid for about over two years ago. Is there any legal issure with the
bank
after we walk out?

Thanks



why would you put on a garage door if you can't pay the mortgage.
mortgage comes first.

Who knows why people who are in over their head just tend to KEEP DIGGING!
I know 2 or 3 people in just that position. One coworker even asked me for
some financial advice. I looked over his finances and found that while he
was in pretty deep, if he quite spending he could pull his way out in about
2 years. He thanked me and we didn't speak of it for about a year. He
finally cam back to me and said my plan had failed. I was puzzled until he
let me look at his numbers again and found he was almost twice as far in
debt as he was when I first advised him. What's more he count not show me
one thing that he had bought for the $15K of debt he'd added in that year.

I apologized and walked away. He has since been foreclosed on.

Mark wrote:

"President O Debacle" wrote in message
...
Steve wrote:
Hi everyone. We will be walking out of our house shortly in CA. I am
selling
everything that can be remove and one of the item is the garage door
which I
paid for about over two years ago. Is there any legal issure with
the bank
after we walk out?

Thanks



why would you put on a garage door if you can't pay the mortgage.
mortgage comes first.

Who knows why people who are in over their head just tend to KEEP
DIGGING! I know 2 or 3 people in just that position. One coworker even
asked me for some financial advice. I looked over his finances and
found that while he was in pretty deep, if he quite spending he could
pull his way out in about 2 years. He thanked me and we didn't speak of
it for about a year. He finally cam back to me and said my plan had
failed. I was puzzled until he let me look at his numbers again and
found he was almost twice as far in debt as he was when I first advised
him. What's more he count not show me one thing that he had bought for
the $15K of debt he'd added in that year.

I apologized and walked away. He has since been foreclosed on.

The last time I heard people at work discuss their credit card debt, I
was amazed....$3K, $6K.....nothing, compared to the sad stories in the
news every day. I think it pretty normal for young people to over-use
cc's and learn from the experience, but the current problems are pretty
scary. Like billions of dollars of value that have "evaporated", and I
don't think the dust has settled, yet.

wrote:

The last time I heard people at work discuss their credit card debt, I
was amazed....$3K, $6K.....nothing, compared to the sad stories in the
news every day. I think it pretty normal for young people to over-use
cc's and learn from the experience, but the current problems are pretty
scary. Like billions of dollars of value that have "evaporated", and I
don't think the dust has settled, yet.

That value was never there in reality. And if someone paid $1 million
for a house that was worth $600K, that $400K didn't evaporate, it went
to the smart seller.

I have a relative that has maxed out her credit cards, maxed out her
HELOC, and still continues to spend foolishly. She went to get her
relatively new Accord serviced and left the dealer with a new CR-V, that
of course she not only over-paid for, but bought an extended warranty on.

SMS wrote:
wrote:

The last time I heard people at work discuss their credit card debt, I
was amazed....$3K, $6K.....nothing, compared to the sad stories in the
news every day. I think it pretty normal for young people to over-use
cc's and learn from the experience, but the current problems are
pretty scary. Like billions of dollars of value that have
"evaporated", and I don't think the dust has settled, yet.

That value was never there in reality. And if someone paid $1 million
for a house that was worth $600K, that $400K didn't evaporate, it went
to the smart seller.

When one buys on cc, they essentially are loaned the money for goods and
services. When they default, somebody loses.

I have a relative that has maxed out her credit cards, maxed out her
HELOC, and still continues to spend foolishly. She went to get her
relatively new Accord serviced and left the dealer with a new CR-V, that
of course she not only over-paid for, but bought an extended warranty on.

When one buys on cc, they essentially are loaned the money for goods and
services. �When they default, somebody loses.



Yep feel really bad for the predatory credit card companies, that
charge near loan shark rates......

NOT!!

They KNEW what percentage couldnt pay, what percentage would go
bankrupt, what percentage of familys would be torn apart for their
profit chasing........

just like the banks who made the sub prime loans.

everyone was making tons of money why worry?

look if the owner who is getting tossed out doesnt remove everything
of value, some scrapper will while its vacant.

I feel sorry for EVERYONE this recession has hurt, and will continue
to hurt for a lifetime.

if government hadnt been totally inept they would of thrown a life
preserver to the sub primers before they sank our entire economy.

not untill trhe big boy wealthy banks began to fail; did government
respond.

costing way more than helping at the beginning........

all parties in the $$$ feeding frenzy deserve what they are
getting........

did you know anyone declaring bankruptcy get shiney new credit cards?

this happened to a old friend, the CC companies know she cant go
bankrupt for 7 years lets feed again..........

the old rules of lending got forgotten

wrote:
When one buys on cc, they essentially are loaned the money for goods and
services. �When they default, somebody loses.



Yep feel really bad for the predatory credit card companies, that
charge near loan shark rates......

NOT!!

They KNEW what percentage couldnt pay, what percentage would go
bankrupt, what percentage of familys would be torn apart for their
profit chasing........

just like the banks who made the sub prime loans.

everyone was making tons of money why worry?

look if the owner who is getting tossed out doesnt remove everything
of value, some scrapper will while its vacant.

I feel sorry for EVERYONE this recession has hurt, and will continue
to hurt for a lifetime.

if government hadnt been totally inept they would of thrown a life
preserver to the sub primers before they sank our entire economy.

not untill trhe big boy wealthy banks began to fail; did government
respond.

costing way more than helping at the beginning........

all parties in the $$$ feeding frenzy deserve what they are
getting........

did you know anyone declaring bankruptcy get shiney new credit cards?

this happened to a old friend, the CC companies know she cant go
bankrupt for 7 years lets feed again..........

the old rules of lending got forgotten


You forget that the government caused the problem to start with.
In essence forcing Affirmative Action Lending on the banks. You
should know that whenever government fixes something, the cure
is worse than the disease.

http://tinyurl.com/59hs8e

TDD

The Daring Dufas wrote:
wrote:
When one buys on cc, they essentially are loaned the money for goods and
services. �When they default, somebody loses.



Yep feel really bad for the predatory credit card companies, that
charge near loan shark rates......

NOT!!

They KNEW what percentage couldnt pay, what percentage would go
bankrupt, what percentage of familys would be torn apart for their
profit chasing........

just like the banks who made the sub prime loans.

everyone was making tons of money why worry?

look if the owner who is getting tossed out doesnt remove everything
of value, some scrapper will while its vacant.

I feel sorry for EVERYONE this recession has hurt, and will continue
to hurt for a lifetime.

if government hadnt been totally inept they would of thrown a life
preserver to the sub primers before they sank our entire economy.

not untill trhe big boy wealthy banks began to fail; did government
respond.

costing way more than helping at the beginning........

all parties in the $$$ feeding frenzy deserve what they are
getting........

did you know anyone declaring bankruptcy get shiney new credit cards?

this happened to a old friend, the CC companies know she cant go
bankrupt for 7 years lets feed again..........

the old rules of lending got forgotten


You forget that the government caused the problem to start with.
In essence forcing Affirmative Action Lending on the banks. You
should know that whenever government fixes something, the cure
is worse than the disease.

http://tinyurl.com/59hs8e

TDD

Paul Krugman, who has a Nobel Prize in economics, has a different view
http://seattletimes.nwsource.com/htm...rugman151.html

"Talk to conservatives about the financial crisis and you enter an
alternative, bizarro universe in which government bureaucrats, not
greedy bankers, caused the meltdown."

He includes minor details, like "only one of the top 25 subprime lenders
was subject to the regulations."

--
bud--

The Daring Dufas wrote:
wrote:
When one buys on cc, they essentially are loaned the money for goods and
services. �When they default, somebody loses.



Yep feel really bad for the predatory credit card companies, that
charge near loan shark rates......

NOT!!

They KNEW what percentage couldnt pay, what percentage would go
bankrupt, what percentage of familys would be torn apart for their
profit chasing........

just like the banks who made the sub prime loans.

everyone was making tons of money why worry?

look if the owner who is getting tossed out doesnt remove everything
of value, some scrapper will while its vacant.

I feel sorry for EVERYONE this recession has hurt, and will continue
to hurt for a lifetime.

Not everyone...if mommy and daddy maxed out the credit cards, then
burned through home equity to pay the bills, it will educate junior and,
possibly, make a few people realize what "responsibility" means.


if government hadnt been totally inept they would of thrown a life
preserver to the sub primers before they sank our entire economy.

not untill trhe big boy wealthy banks began to fail; did government
respond.

costing way more than helping at the beginning........

all parties in the $$$ feeding frenzy deserve what they are
getting........


I feel the same, sometimes, but the costs filter down to responsible
people who pay more for whatever the buy or borrow. There is a horrible
level of entitlement among all classes of people in the US...the price
of oil vs. conserving, max borrowing vs. saving for the future, the "I
can't retire now because my 401k went down the tubes"? Hell, retire
later then. I want to gag when I hear all of the bs about how to tell
junior that Santa can't bring him EVERYTHING he WANTS.


I'd like to put some money in the bank so's they can make those
hard-to-find loans ) I could make, oh, 1%? I was trying to buy milk
and baby food back when my parents were earning 13% on CD's. I think
that was when Jimmy Carter was the hot candidate because he reduced the
size of gov't in Georgia ..

I'm kind of puzzled that whenever everyone's most/least favorite
president is named, Eisenhower's name never comes up. Did we worry too
much about getting nuked to care what he did?


did you know anyone declaring bankruptcy get shiney new credit cards?

this happened to a old friend, the CC companies know she cant go
bankrupt for 7 years lets feed again..........

the old rules of lending got forgotten


You forget that the government caused the problem to start with.
In essence forcing Affirmative Action Lending on the banks. You

Horse hockey! It was a vast ____-wing conspiracy )In my little condo
of 8 units, three are for sale, owned by (formerly?) very wealthy
speculators....moaning about being unable to pay their mortgages but all
sitting empty! Hell, wouldn't one at least rent them? Got a sewer line
that needs repair, has backed up into our unit 3 times....I'd have to
make friends with board members to get it done...they are pretty rough
to deal with when one is "disagreeable".

should know that whenever government fixes something, the cure
is worse than the disease.

http://tinyurl.com/59hs8e

TDD

"The Daring Dufas" wrote in message
...
wrote:
When one buys on cc, they essentially are loaned the money for goods and
services. ?When they default, somebody loses.



Yep feel really bad for the predatory credit card companies, that
charge near loan shark rates......

NOT!!

They KNEW what percentage couldnt pay, what percentage would go
bankrupt, what percentage of familys would be torn apart for their
profit chasing........

just like the banks who made the sub prime loans.

everyone was making tons of money why worry?

look if the owner who is getting tossed out doesnt remove everything
of value, some scrapper will while its vacant.

I feel sorry for EVERYONE this recession has hurt, and will continue
to hurt for a lifetime.
snip

Well.....it could be said, that it's people, like the OP, that caused this
recession.

Jim

bud-- wrote:
The Daring Dufas wrote:
wrote:
When one buys on cc, they essentially are loaned the money for goods
and
services. �When they default, somebody loses.



Yep feel really bad for the predatory credit card companies, that
charge near loan shark rates......

NOT!!

They KNEW what percentage couldnt pay, what percentage would go
bankrupt, what percentage of familys would be torn apart for their
profit chasing........

just like the banks who made the sub prime loans.

everyone was making tons of money why worry?

look if the owner who is getting tossed out doesnt remove everything
of value, some scrapper will while its vacant.

I feel sorry for EVERYONE this recession has hurt, and will continue
to hurt for a lifetime.

if government hadnt been totally inept they would of thrown a life
preserver to the sub primers before they sank our entire economy.

not untill trhe big boy wealthy banks began to fail; did government
respond.

costing way more than helping at the beginning........

all parties in the $$$ feeding frenzy deserve what they are
getting........

did you know anyone declaring bankruptcy get shiney new credit cards?

this happened to a old friend, the CC companies know she cant go
bankrupt for 7 years lets feed again..........

the old rules of lending got forgotten


You forget that the government caused the problem to start with.
In essence forcing Affirmative Action Lending on the banks. You
should know that whenever government fixes something, the cure
is worse than the disease.

http://tinyurl.com/59hs8e

TDD

Paul Krugman, who has a Nobel Prize in economics, has a different view
http://seattletimes.nwsource.com/htm...rugman151.html

"Talk to conservatives about the financial crisis and you enter an
alternative, bizarro universe in which government bureaucrats, not
greedy bankers, caused the meltdown."

He includes minor details, like "only one of the top 25 subprime lenders
was subject to the regulations."


At least we can all agree about one thing, "greed" was involved.

TDD

wrote in message
...
snip

thats horrible

http://media.ebaumsworld.com/picture...-bunny-cry.jpg

Master Betty wrote:

wrote in message
...
snip

thats horrible

http://media.ebaumsworld.com/picture...-bunny-cry.jpg

WARNING!! WARNING!! CUTE OVERLOAD!!

TDD

President O Debacle wrote:
Steve wrote:
Hi everyone. We will be walking out of our house shortly in CA. I am
selling
everything that can be remove and one of the item is the garage door
which I
paid for about over two years ago. Is there any legal issure with the
bank
after we walk out?

Thanks



why would you put on a garage door if you can't pay the mortgage.
mortgage comes first.

Maybe he took out an equity loan and had bought an expensive car that he
wanted to protect.

This first started, I was reading about a poor woman in California that
bought a house for $150,000 but now could not afford the $300,000 she
owed on it. Poor baby.