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Im wondering y people who r on 1 wage and r struggling to make there mortagage payments cant get assistance from the government like a mortgage assistance like people get for rent assistance
we r people who r trying to own out own homes and not pay off somebody else's home

2007-08-05 12:09:02 · 2 answers · asked by Lisa W 1 in Business & Finance Renting & Real Estate

im not talking about spounging off the the public to pay the mortgage i to pay my taxes and so does my husband im just talking about people who r in a spot of bother cos 1 or both r out of work through no fault of there own

2007-08-05 13:53:56 · update #1

2 answers

Section 8 can be used to buy a home. If you aren't in poverty and could own a home when you bought it it is up to you to have an emergency fund or plans on how to pay when times are tough. Otherwise everyone would buy new cars and run up credit cards and want welfare to pay the house payment.

2007-08-05 12:57:32 · answer #1 · answered by shipwreck 7 · 0 0

Not sure where shiprepairwoman is coming from, but Sec 8 is NOT available to a homeowner. It is strictly a rent assistance program.

As far as assistance to make a mortgage payment goes, why on earth should the general public finance your mortgage payments so you can gain increasing equity at public cost ?

How about if we also start payment assistance programs for those who want to own their own car, but can't afford the payment ? While we are at it, why don't we start a program to assist those who want to own a boat, but cannot afford the payments ?

Be realistic here. You're NOT going to get free money so you can develop a paid asset at government expense.

2007-08-05 13:45:42 · answer #2 · answered by acermill 7 · 1 0

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