AdelaideE
Newbie
Posts: 2
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« on: March 04, 2009, 03:24:27 PM » |
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In our twenties, my husband I, literally, built onto our first home with our own hands. Pick- axed the trench, poured the concrete, hammered thousands of nails, spackled, painted, lifted wood, sheet rock; tar paper rolls and shingles to the new roof, nailed shingles. This was a back-braking two-year process. But as our family grew, so did our financial status.
Thirty years later when we bought our final house, National City held the mortgage. You can do all the research you believe that you can to educate yourself on the process, but in the end, they are the specialists and you have to trust them. They advised us to take an interest only loan that they knew in time we could not afford. They assured us it would be fine with the growth in value.
In 2007, my husband and I, and our family, lost our home, all of our retirement.
They have made no amends for costing us so heinously.
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