The American way teaches us that, “if we work hard we will be successful”. Many people …show more content…
This should never be a hasty process or inappropriately planned. There are many factors consider that some people miss related to the excitement of a new home. During the foreclosure crisis many homebuyers purchased mortgages with adjustable rates instead of fixed rates, and when the economy took a turn for the worst their mortgage payments sky rocketed. Even though the economy, housing commission, banks were the causative factors for that happening, that blame could not be shared alone. Respectfully said, to all those that this occurred and were deeply affected by it, they too share this blame. Whoever, signs a contract is responsible for knowing everything inside it and what it means. A lot of times out of excitement and emotion of any kind this concept is easily