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Originally Posted by disneysteve
They knew exactly what they were getting into and the huge gamble they were taking.
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They may not have known that there was a huge gamble. They just decided they wanted a nice big luxury house and the bank provided a way for them to afford it at this point in time. I don't feel sorry for them at all, they should have done their research and saved money like the rest of us financial savvy people on this site.
To the original poster. Good job keeping a level head and not buying more than you can afford.
