It also allows me to basically assign the contract to someone else by simply selling the business for my EM deposit plus my profit for a wholesale deal; the business buyer shows up to the closing table and the asset manager doesn't care who's there because the toxic asset is off the books.

Or am I on my own planet?

The SEC is now conducting an investigation of Bank of America and two of its subsidiaries for defrauding investors in 2008 through the sale of $855 MM in toxic, residential mortgage-back securities.

It'll sink in eventually.On a side note, don't forget a lot of these old houses are full of asbestos and lead paint, not to mention whatever else toxic crap they put in building materials back in the "good ole' days."

Then the bank is the most evil thing on the planet that takes all there stuff and makes them do unimaginable things like pay back what they borrowed as agreed.

Just doing my part to save the planet...I also have a bridge for sale if anybody is interested.

He was high and had no idea what planet he was on.

ace on the housemotley foolNpr marketplaceNpr planet moneyDave ramseyEntreleadershipDan carlin hardcore historyAdam carollaJoe rogan

No matter how rich or poor we all have so much time on this planet.

You can buy a 2,000 square foot house in Michigan for under 200k with great schools, low crime, no gangs, the best drinking water on the planet, and four seasons.