- This topic has 185 replies, 19 voices, and was last updated 16 years, 9 months ago by
Ricechex.
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March 4, 2009 at 4:45 PM #360779March 4, 2009 at 4:58 PM #360193
an
Participant[quote=flu]
Because I already have second mortgage plans for an R8 and a GTR.Hmm..That be a fun poll. If you could heloc the hell out of you home, with zero accountability of returning what you borrow, what cars would buy?
2005: R8 + GTR + S5 + M5 ( iguess most of these weren’t available in 2005).
2009: Yugo
[/quote]
Now, that’s what I’m talking about. Personally, for the same $ as your four cars, I’d pick 911 RS3, GTR, SLK55, and E63/65.March 4, 2009 at 4:58 PM #360498an
Participant[quote=flu]
Because I already have second mortgage plans for an R8 and a GTR.Hmm..That be a fun poll. If you could heloc the hell out of you home, with zero accountability of returning what you borrow, what cars would buy?
2005: R8 + GTR + S5 + M5 ( iguess most of these weren’t available in 2005).
2009: Yugo
[/quote]
Now, that’s what I’m talking about. Personally, for the same $ as your four cars, I’d pick 911 RS3, GTR, SLK55, and E63/65.March 4, 2009 at 4:58 PM #360643an
Participant[quote=flu]
Because I already have second mortgage plans for an R8 and a GTR.Hmm..That be a fun poll. If you could heloc the hell out of you home, with zero accountability of returning what you borrow, what cars would buy?
2005: R8 + GTR + S5 + M5 ( iguess most of these weren’t available in 2005).
2009: Yugo
[/quote]
Now, that’s what I’m talking about. Personally, for the same $ as your four cars, I’d pick 911 RS3, GTR, SLK55, and E63/65.March 4, 2009 at 4:58 PM #360679an
Participant[quote=flu]
Because I already have second mortgage plans for an R8 and a GTR.Hmm..That be a fun poll. If you could heloc the hell out of you home, with zero accountability of returning what you borrow, what cars would buy?
2005: R8 + GTR + S5 + M5 ( iguess most of these weren’t available in 2005).
2009: Yugo
[/quote]
Now, that’s what I’m talking about. Personally, for the same $ as your four cars, I’d pick 911 RS3, GTR, SLK55, and E63/65.March 4, 2009 at 4:58 PM #360789an
Participant[quote=flu]
Because I already have second mortgage plans for an R8 and a GTR.Hmm..That be a fun poll. If you could heloc the hell out of you home, with zero accountability of returning what you borrow, what cars would buy?
2005: R8 + GTR + S5 + M5 ( iguess most of these weren’t available in 2005).
2009: Yugo
[/quote]
Now, that’s what I’m talking about. Personally, for the same $ as your four cars, I’d pick 911 RS3, GTR, SLK55, and E63/65.March 4, 2009 at 5:00 PM #360203vizcaya
ParticipantI must be reading a different version than most of you are.
The program will not help those that took out loans they knew they could not afford, even after the mortage reset.
Most of you are saying that a person whos income is $30k a year will be able to continue to live in thier 500k home.
This plan will not help many people. Most are underwater on thier homes, therefore they do not qualify. Most will not be able to get the loan mod due to the income being too low.
This is mainly for people that may have bought a home in 2002-2003, and maybe they lost thier job or some sort of income due to the economy, and are unable to refi because the LTV is too high, or probably on the verge of being underwater.
March 4, 2009 at 5:00 PM #360508vizcaya
ParticipantI must be reading a different version than most of you are.
The program will not help those that took out loans they knew they could not afford, even after the mortage reset.
Most of you are saying that a person whos income is $30k a year will be able to continue to live in thier 500k home.
This plan will not help many people. Most are underwater on thier homes, therefore they do not qualify. Most will not be able to get the loan mod due to the income being too low.
This is mainly for people that may have bought a home in 2002-2003, and maybe they lost thier job or some sort of income due to the economy, and are unable to refi because the LTV is too high, or probably on the verge of being underwater.
March 4, 2009 at 5:00 PM #360653vizcaya
ParticipantI must be reading a different version than most of you are.
The program will not help those that took out loans they knew they could not afford, even after the mortage reset.
Most of you are saying that a person whos income is $30k a year will be able to continue to live in thier 500k home.
This plan will not help many people. Most are underwater on thier homes, therefore they do not qualify. Most will not be able to get the loan mod due to the income being too low.
This is mainly for people that may have bought a home in 2002-2003, and maybe they lost thier job or some sort of income due to the economy, and are unable to refi because the LTV is too high, or probably on the verge of being underwater.
March 4, 2009 at 5:00 PM #360689vizcaya
ParticipantI must be reading a different version than most of you are.
The program will not help those that took out loans they knew they could not afford, even after the mortage reset.
Most of you are saying that a person whos income is $30k a year will be able to continue to live in thier 500k home.
This plan will not help many people. Most are underwater on thier homes, therefore they do not qualify. Most will not be able to get the loan mod due to the income being too low.
This is mainly for people that may have bought a home in 2002-2003, and maybe they lost thier job or some sort of income due to the economy, and are unable to refi because the LTV is too high, or probably on the verge of being underwater.
March 4, 2009 at 5:00 PM #360799vizcaya
ParticipantI must be reading a different version than most of you are.
The program will not help those that took out loans they knew they could not afford, even after the mortage reset.
Most of you are saying that a person whos income is $30k a year will be able to continue to live in thier 500k home.
This plan will not help many people. Most are underwater on thier homes, therefore they do not qualify. Most will not be able to get the loan mod due to the income being too low.
This is mainly for people that may have bought a home in 2002-2003, and maybe they lost thier job or some sort of income due to the economy, and are unable to refi because the LTV is too high, or probably on the verge of being underwater.
March 4, 2009 at 5:15 PM #360218SD Realtor
ParticipantPR my wife has been on the get out of california kick for a long time now… Lately though she is thinking that getting out of the US is really the way to go. However all of the countries we are considering are so dependent on the US I guess it may not matter.
The best bet would probably be to move to China but that is not really what we want to do.
March 4, 2009 at 5:15 PM #360523SD Realtor
ParticipantPR my wife has been on the get out of california kick for a long time now… Lately though she is thinking that getting out of the US is really the way to go. However all of the countries we are considering are so dependent on the US I guess it may not matter.
The best bet would probably be to move to China but that is not really what we want to do.
March 4, 2009 at 5:15 PM #360667SD Realtor
ParticipantPR my wife has been on the get out of california kick for a long time now… Lately though she is thinking that getting out of the US is really the way to go. However all of the countries we are considering are so dependent on the US I guess it may not matter.
The best bet would probably be to move to China but that is not really what we want to do.
March 4, 2009 at 5:15 PM #360704SD Realtor
ParticipantPR my wife has been on the get out of california kick for a long time now… Lately though she is thinking that getting out of the US is really the way to go. However all of the countries we are considering are so dependent on the US I guess it may not matter.
The best bet would probably be to move to China but that is not really what we want to do.
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