- This topic has 85 replies, 10 voices, and was last updated 15 years, 6 months ago by
jpinpb.
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May 12, 2009 at 4:20 PM #15660May 12, 2009 at 4:23 PM #397373
jpinpb
ParticipantI’ve been saying these new sales have no skin in the game. So does the 10k from the State not kick in b/c it’s 140k?
May 12, 2009 at 4:23 PM #398046ParticipantI’ve been saying these new sales have no skin in the game. So does the 10k from the State not kick in b/c it’s 140k?
May 12, 2009 at 4:23 PM #397903ParticipantI’ve been saying these new sales have no skin in the game. So does the 10k from the State not kick in b/c it’s 140k?
May 12, 2009 at 4:23 PM #397846ParticipantI’ve been saying these new sales have no skin in the game. So does the 10k from the State not kick in b/c it’s 140k?
May 12, 2009 at 4:23 PM #397623ParticipantI’ve been saying these new sales have no skin in the game. So does the 10k from the State not kick in b/c it’s 140k?
May 12, 2009 at 4:33 PM #397918Eugene
Participant[quote=jpinpb]I’ve been saying these new sales have no skin in the game. So does the 10k from the State not kick in b/c it’s 140k?[/quote]
because it’s not new.
May 12, 2009 at 4:33 PM #398061Participant[quote=jpinpb]I’ve been saying these new sales have no skin in the game. So does the 10k from the State not kick in b/c it’s 140k?[/quote]
because it’s not new.
May 12, 2009 at 4:33 PM #397388Participant[quote=jpinpb]I’ve been saying these new sales have no skin in the game. So does the 10k from the State not kick in b/c it’s 140k?[/quote]
because it’s not new.
May 12, 2009 at 4:33 PM #397638Participant[quote=jpinpb]I’ve been saying these new sales have no skin in the game. So does the 10k from the State not kick in b/c it’s 140k?[/quote]
because it’s not new.
May 12, 2009 at 4:33 PM #397861Participant[quote=jpinpb]I’ve been saying these new sales have no skin in the game. So does the 10k from the State not kick in b/c it’s 140k?[/quote]
because it’s not new.
May 12, 2009 at 6:54 PM #398043patientrenter
ParticipantThis is the kind of thing that would make me apoplectic, if it were not for the fact that I am jaded by the constant and shameless govt raiding of my pocket to pay for other people’s subsidies.
If you had to pick out one single factor in mortgage lending that makes the difference between loans that are repaid and loans that are not, it would be the amount of real money of their own the buyer uses to pay for the house. Yet, in the middle of the biggest meltdown in the mortgage market, after the biggest housing bubble in recorded history, our govt – Congress, Administration, and Fed – is still encouraging, even arranging, loans with hardly any money down, and sometimes none.
If we passed a law requiring that all home purchases must be made with at least 20% provided by the buyer, from their own funds, no games, then our housing market would be 90% cured.
May 12, 2009 at 6:54 PM #397512ParticipantThis is the kind of thing that would make me apoplectic, if it were not for the fact that I am jaded by the constant and shameless govt raiding of my pocket to pay for other people’s subsidies.
If you had to pick out one single factor in mortgage lending that makes the difference between loans that are repaid and loans that are not, it would be the amount of real money of their own the buyer uses to pay for the house. Yet, in the middle of the biggest meltdown in the mortgage market, after the biggest housing bubble in recorded history, our govt – Congress, Administration, and Fed – is still encouraging, even arranging, loans with hardly any money down, and sometimes none.
If we passed a law requiring that all home purchases must be made with at least 20% provided by the buyer, from their own funds, no games, then our housing market would be 90% cured.
May 12, 2009 at 6:54 PM #398185ParticipantThis is the kind of thing that would make me apoplectic, if it were not for the fact that I am jaded by the constant and shameless govt raiding of my pocket to pay for other people’s subsidies.
If you had to pick out one single factor in mortgage lending that makes the difference between loans that are repaid and loans that are not, it would be the amount of real money of their own the buyer uses to pay for the house. Yet, in the middle of the biggest meltdown in the mortgage market, after the biggest housing bubble in recorded history, our govt – Congress, Administration, and Fed – is still encouraging, even arranging, loans with hardly any money down, and sometimes none.
If we passed a law requiring that all home purchases must be made with at least 20% provided by the buyer, from their own funds, no games, then our housing market would be 90% cured.
May 12, 2009 at 6:54 PM #397984ParticipantThis is the kind of thing that would make me apoplectic, if it were not for the fact that I am jaded by the constant and shameless govt raiding of my pocket to pay for other people’s subsidies.
If you had to pick out one single factor in mortgage lending that makes the difference between loans that are repaid and loans that are not, it would be the amount of real money of their own the buyer uses to pay for the house. Yet, in the middle of the biggest meltdown in the mortgage market, after the biggest housing bubble in recorded history, our govt – Congress, Administration, and Fed – is still encouraging, even arranging, loans with hardly any money down, and sometimes none.
If we passed a law requiring that all home purchases must be made with at least 20% provided by the buyer, from their own funds, no games, then our housing market would be 90% cured.
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