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  • Profile photo of CSICSI
    Participant
    @csi
    Join Date: 2009
    Post Count: 3
    March 17, 2009 - 6:26 am

    interesting…the notion that the banks are the 'bad' guys. 
    Thank you craiged for your insight…basically we have to sit tight with a bunch of 'crooks'(bad guys) until the terms of a contract I never signed runs out.  I never signed with RHG but RAMS and at the time we were told nothing had changed…but since they have the legal expertise and I don't I have to wait… So they are the 'bad' guys but am I the 'good guy?'  I unfourtuntaty have to learn things the hard way.

    Profile photo of CSICSI
    Participant
    @csi
    Join Date: 2009
    Post Count: 3
    March 13, 2009 - 7:56 am

    Thanks every one!!! So basically after doing the maths, RHG have us( and many more) over a barrell!!!  It was a 100% loan orignally b/c of a major stuff up by Stgeorge and we were desperate. Although the house we are in has improved in value by 45000, we are still stuffed. And we only had 1/2 fixed and 1/2 variable. So the $16000 exit fee is only on half!!!  So stuffed until March next year! grr  I had heard that if we 'go back' to RAMS ( i laugh as I type) they will reduce the exit fees. Has anyone else heard this???

Viewing 2 posts - 1 through 2 (of 2 total)