Reply #10: So they should pay a bit of attention to it then, right? [View All]

If they wanted to rent, renting is legal.

If they wanted to spend less, they could have.

If they are committing a huge portion of their income to something for decades, they don't have the ability or common sense to understand at least a little? How many people buy cars without knowing whether they are big enough to tow their boat or fit in their kids? How many people buy a TV without knowing if it will fit in their shelves orconnect to their VCR? Why should they not put in at leatst that kind of effort for something costing many times more?

It's easy bit facile to think your stance is more empathectic, but essentially you are calling these housebuyers thick as shit, because that's what they would need to be not to be able to look at a HUD form (sent well ahead of closing incidentally) and see if it made sense for them, or think it unimportant to do so. They don't have to read every conveyance document or every subclause - they have to be able to understand basic English like "your interest rate is......" "you will pay $X for Y months ending in....." "Total amount paid is......" and think the biggest commitment of their lives is worth doing so.

Again. Fraud? Not their fault. Paperwork errors? Not their fault. Bait and switch? Not their fault. Being too stupid to care about or understand a HUD form? Their fault.