Asked by Michael Duncan, Florida • Wed Mar 4, 2009
There are hundreds of homes on the internet under 20,000. But when you try to get a loan no one will talk to you, they say you must borrow 50,000 to buy a home or pay cash. Seems only investors can profit off those that made mistakes when getting loans to have a home of their own. Many people are calling them bad people for wanting some place to call their own. Now with prices down thay can't even buy now. Loan the money to lower income people and stop the bail out. Give everyone a chance to own their own home. I need a home for my wife and I , we live with my mother and I am 54 laid off from Ford in 2005, we lost our home and savings. I work, I pay my bills. Give me a chance to have a home of my own, even a cheap fixer upper can be made a home. I don't want a handout, I want a loan.
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