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  • November 20, 2007 at 12:30 PM #101883
    kev374
    Participant

    A $900k purchase w/ 20% down is still going to run you over $5,000 in PITI payments.

    don’t forget opportunity costs on that hefty down as well

    November 20, 2007 at 1:22 PM #101886
    asragov
    Participant

    A simple rule of thumb for your consideration:

    Wait on buying, until PITI is the same as renting.

    Then, review the situation.

    November 20, 2007 at 1:22 PM #101947
    asragov
    Participant

    A simple rule of thumb for your consideration:

    Wait on buying, until PITI is the same as renting.

    Then, review the situation.

    November 20, 2007 at 1:22 PM #101898
    asragov
    Participant

    A simple rule of thumb for your consideration:

    Wait on buying, until PITI is the same as renting.

    Then, review the situation.

    November 20, 2007 at 1:22 PM #101802
    asragov
    Participant

    A simple rule of thumb for your consideration:

    Wait on buying, until PITI is the same as renting.

    Then, review the situation.

    November 20, 2007 at 1:22 PM #101919
    asragov
    Participant

    A simple rule of thumb for your consideration:

    Wait on buying, until PITI is the same as renting.

    Then, review the situation.

    November 20, 2007 at 1:37 PM #101952
    Alex_angel
    Participant

    You need to wait until 2029 to see what happens next.

    November 20, 2007 at 1:37 PM #101923
    Alex_angel
    Participant

    You need to wait until 2029 to see what happens next.

    November 20, 2007 at 1:37 PM #101807
    Alex_angel
    Participant

    You need to wait until 2029 to see what happens next.

    November 20, 2007 at 1:37 PM #101904
    Alex_angel
    Participant

    You need to wait until 2029 to see what happens next.

    November 20, 2007 at 1:37 PM #101891
    Alex_angel
    Participant

    You need to wait until 2029 to see what happens next.

    November 20, 2007 at 1:38 PM #101913
    no_such_reality
    Participant

    Simple question:

    Are you planning on selling in less than 5 years?

    If yes, why buy at all?

    If no, why consider a 5 year ARM when you’ll be exposed to three potential deal breakers: depreciation, higher rates, refinancing with fees & points.

    November 20, 2007 at 1:38 PM #101901
    no_such_reality
    Participant

    Simple question:

    Are you planning on selling in less than 5 years?

    If yes, why buy at all?

    If no, why consider a 5 year ARM when you’ll be exposed to three potential deal breakers: depreciation, higher rates, refinancing with fees & points.

    November 20, 2007 at 1:38 PM #101932
    no_such_reality
    Participant

    Simple question:

    Are you planning on selling in less than 5 years?

    If yes, why buy at all?

    If no, why consider a 5 year ARM when you’ll be exposed to three potential deal breakers: depreciation, higher rates, refinancing with fees & points.

    November 20, 2007 at 1:38 PM #101817
    no_such_reality
    Participant

    Simple question:

    Are you planning on selling in less than 5 years?

    If yes, why buy at all?

    If no, why consider a 5 year ARM when you’ll be exposed to three potential deal breakers: depreciation, higher rates, refinancing with fees & points.

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