Foreclosures and Irresponsible Home THIEVES

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#10

06-02-2010, 04:08 PM

AGDee

GreekChat Member

Join Date: Aug 2003

Location: Michigan

Posts: 15,847

Because a house is a secured loan. They can take it away from you if you don't pay. Rent however, is not. If you don't pay, that's imply income lost while you use resources and live there for free. It's more crucial to a landlore that you pay on time than it is to a bank.

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