02/29/2008

New York times Foreclosure-Related Letter

Dear Editor, I have read today's story on people walking out on new homes. I don't think it's a bad idea. Some people don't want to keep paying and paying and have no home, no savings left. Owning your own home is great, but sometimes you have to think about having a place to live that won't ruin you financialy, emotionally and psychologically. Paying other bills, like groceries and utilities are more important and urgent.
I lost my condo in Atlanta as well as the money I had in the bank. I wouldn't want that to happen to other people. Eugenia Renskoff

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