I know some people who have expected a pay raise and were going to buy a house. They didn't make a loan based off of their current income but off of the income they were expecting. Then ended up not getting the raise and lost the home and more because they couldn't keep up on their payments. Adam
You won't be able to pay for the four walls, food, transportation, clothing, and utilities, you might lose your house to foreclosure, and you'll have to deal with a lot of stress.
you could go bankrupt, it could get foreclosed, you end up paying too much which means that you cant put that money in other things like retirment
ReplyDeletetravis
You can run out of money and become bankrupt, at the same time you would get foreclosed resulting in not being able to pay for future necessities.
ReplyDeleteYou would have to cut down and not be able to spend as much on anything else. You could also go bankrupt.
ReplyDeleteAutumn
I know some people who have expected a pay raise and were going to buy a house. They didn't make a loan based off of their current income but off of the income they were expecting. Then ended up not getting the raise and lost the home and more because they couldn't keep up on their payments.
ReplyDeleteAdam
You might go bankrupt, lose your house, and hence be homeless.
ReplyDeleteYou won't be able to pay for the four walls, food, transportation, clothing, and utilities, you might lose your house to foreclosure, and you'll have to deal with a lot of stress.
ReplyDeleteYou won't be able to pay for other things, you might go bankrupt, and it will probably be foreclosed.
ReplyDeleteyou will either have to live a painfully frugal life, in the best case scenario. you could run out of money, get foreclosed on and go bankrupt.
ReplyDeleteYou won't be able to pay for everything you need. you could loose your house.
ReplyDeleteeyezik
You would end up going bankrupt and getting foreclosed by the bank.
ReplyDeleteGoing bankrupt which would lead to foreclosure by the bank… aka, a big mess...
ReplyDelete