another question , *how many of you knew what a credit crunch is before this crisis hit us??? *
how many of you knew how your purchasing a house will end in the world getting hit with the credit crisis ????
for many of you all that mattered at that time was : wow , I like this house and I can get a mortgage as well .. lets go ahead ......right or wrong ... ?????
its not even about knowing about the credit crunch
one should know what they can afford before being too greedy.
one should always watch out for the bad times.. cus one needs to leave that much of a buffer zone for incase someone loses their job.. someone becomes ill. There are SO many factors one needs to look into before purchasing.. ANYTING.
I dont need to know about the credit crunch. Before it even happened, we had decided on what our limits were going to be, just to be on the safe side..
and thats what im saying
and not all of us were like 'WOW'... a lot of people did put their thinking caps on before rushing into buying..
everything is a WOW.. but when u sit down and do the math, it really aint