- This topic has 240 replies, 13 voices, and was last updated 15 years, 4 months ago by
scaredyclassic.
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August 7, 2010 at 8:44 AM #17804August 7, 2010 at 8:47 AM #587717
scaredyclassic
ParticipantThe other question I had on this a short sale was whether the bank that holds the mortgage could lend us some money on it even though it couldn’t qualify for a mortgage because of condition.
August 7, 2010 at 8:47 AM #587809scaredyclassic
ParticipantThe other question I had on this a short sale was whether the bank that holds the mortgage could lend us some money on it even though it couldn’t qualify for a mortgage because of condition.
August 7, 2010 at 8:47 AM #588346scaredyclassic
ParticipantThe other question I had on this a short sale was whether the bank that holds the mortgage could lend us some money on it even though it couldn’t qualify for a mortgage because of condition.
August 7, 2010 at 8:47 AM #588453scaredyclassic
ParticipantThe other question I had on this a short sale was whether the bank that holds the mortgage could lend us some money on it even though it couldn’t qualify for a mortgage because of condition.
August 7, 2010 at 8:47 AM #588762scaredyclassic
ParticipantThe other question I had on this a short sale was whether the bank that holds the mortgage could lend us some money on it even though it couldn’t qualify for a mortgage because of condition.
August 7, 2010 at 9:58 AM #587732weberlin
ParticipantIt sounds to me like you’re not financially prepared to purchase that house.
I would never leverage myself that much for a material purchase…perhaps surgery for a family member or spouse.
What money would you use to fix up the place after the purchase? HELOC?
Given the dearth of rentals on the market, I think you should hold off. The SD real estate market is going to flounder for a while, last year it was up, next year it’s going back down. And interest rates aren’t going anywhere for a while.
August 7, 2010 at 9:58 AM #587824weberlin
ParticipantIt sounds to me like you’re not financially prepared to purchase that house.
I would never leverage myself that much for a material purchase…perhaps surgery for a family member or spouse.
What money would you use to fix up the place after the purchase? HELOC?
Given the dearth of rentals on the market, I think you should hold off. The SD real estate market is going to flounder for a while, last year it was up, next year it’s going back down. And interest rates aren’t going anywhere for a while.
August 7, 2010 at 9:58 AM #588361weberlin
ParticipantIt sounds to me like you’re not financially prepared to purchase that house.
I would never leverage myself that much for a material purchase…perhaps surgery for a family member or spouse.
What money would you use to fix up the place after the purchase? HELOC?
Given the dearth of rentals on the market, I think you should hold off. The SD real estate market is going to flounder for a while, last year it was up, next year it’s going back down. And interest rates aren’t going anywhere for a while.
August 7, 2010 at 9:58 AM #588468weberlin
ParticipantIt sounds to me like you’re not financially prepared to purchase that house.
I would never leverage myself that much for a material purchase…perhaps surgery for a family member or spouse.
What money would you use to fix up the place after the purchase? HELOC?
Given the dearth of rentals on the market, I think you should hold off. The SD real estate market is going to flounder for a while, last year it was up, next year it’s going back down. And interest rates aren’t going anywhere for a while.
August 7, 2010 at 9:58 AM #588777weberlin
ParticipantIt sounds to me like you’re not financially prepared to purchase that house.
I would never leverage myself that much for a material purchase…perhaps surgery for a family member or spouse.
What money would you use to fix up the place after the purchase? HELOC?
Given the dearth of rentals on the market, I think you should hold off. The SD real estate market is going to flounder for a while, last year it was up, next year it’s going back down. And interest rates aren’t going anywhere for a while.
August 7, 2010 at 10:18 AM #587742scaredyclassic
ParticipantNo the plan is live in squalor poop in a compost toilet and add things month by month as the paycheck comes on . Basically camp in there and fix as we go.
August 7, 2010 at 10:18 AM #587834scaredyclassic
ParticipantNo the plan is live in squalor poop in a compost toilet and add things month by month as the paycheck comes on . Basically camp in there and fix as we go.
August 7, 2010 at 10:18 AM #588372scaredyclassic
ParticipantNo the plan is live in squalor poop in a compost toilet and add things month by month as the paycheck comes on . Basically camp in there and fix as we go.
August 7, 2010 at 10:18 AM #588478scaredyclassic
ParticipantNo the plan is live in squalor poop in a compost toilet and add things month by month as the paycheck comes on . Basically camp in there and fix as we go.
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