You got a phone call. You're missing payments. That means you're broke. The money you took out of retirement and your IRA (retarded, by the way, for so many reasons) and "investing in [yourself]" is your stop gap measure to keep from losing your home.
Put the kool-aid down boy. I pay 200 on principal right now, and have been for over a year. I am going to up it to 1000 to 3000/month after the refi.
I simply figured out what a communist movement it was to take over our property mortages, and I want no part of it. I went to my bank to see if Fanny or Freddy backed my loan, and they did. I am leaving that bank because they don't offer loans in the private sector. SOOOO---I made some phone calls, and found a option.
Missing payments?--authority calling me?---your are clearly on some strong kool-aid boy.
Some personal information. I bought this little home for a measly 85 grand--I could pay off this home by this time next year if I wanted to (but unless I buy capatol investment, I pay big taxes on it). Son---you are talking to a guy who made 38 grand three years ago in manufactuing with three degrees. I don't think I ever made 40 grand. With a business out of my home and garage--I think I can hit 250 grand next year (bought a machine, and am really ramping up my production---will be running full tilt by spring).
sooo--you think a government can take care of me better than me? I hoipe someday, you grow some balls, and do real well also--but the people you vote for will take it from you---so just stay a slug---right?
I can do a quarter million in profit out of my home next year (will surely hit 200 grand). Take a wild guess how much the federal government will take as a sole propriator. Well--If I made 100 grand (according to my old accoutant) I would pay 48 grand in federal taxes.
I will be paying more in taxes than most people make on this board--and you keep telling me America sucks!!!