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XBoxBoy.
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March 24, 2009 at 10:26 AM #372736March 24, 2009 at 10:26 AM #372893
IONEGARM
ParticipantDoes anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.
March 24, 2009 at 10:26 AM #372561ParticipantDoes anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.
March 24, 2009 at 10:26 AM #372780ParticipantDoes anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.
March 24, 2009 at 10:26 AM #372281ParticipantDoes anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.
March 24, 2009 at 12:05 PM #372390(former)FormerSanDiegan
Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
I believe that the lack of available financing negatively impacted the high end last year.
Therefore, I have to the conclude that any improvement in the availability of financing is a positive for the high end and does indeed help at least one little bit.March 24, 2009 at 12:05 PM #373004Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
I believe that the lack of available financing negatively impacted the high end last year.
Therefore, I have to the conclude that any improvement in the availability of financing is a positive for the high end and does indeed help at least one little bit.March 24, 2009 at 12:05 PM #372847Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
I believe that the lack of available financing negatively impacted the high end last year.
Therefore, I have to the conclude that any improvement in the availability of financing is a positive for the high end and does indeed help at least one little bit.March 24, 2009 at 12:05 PM #372672Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
I believe that the lack of available financing negatively impacted the high end last year.
Therefore, I have to the conclude that any improvement in the availability of financing is a positive for the high end and does indeed help at least one little bit.March 24, 2009 at 12:05 PM #372890Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
I believe that the lack of available financing negatively impacted the high end last year.
Therefore, I have to the conclude that any improvement in the availability of financing is a positive for the high end and does indeed help at least one little bit.March 24, 2009 at 4:00 PM #372792XBoxBoy
Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
It will move it a little, but only a little. As others point out, there aren’t that many buyers who can do full doc, 20% down and 6 months reserves. And many of those that can, (myself included) are still gonna sit on the fence and wait for prices to come down.
But the bad news is there will be a small number that do now buy, and they will just give other sellers false hope, and so will drag this whole thing out longer. But that is exactly what the government wants, to drag things out rather than to get the markets to where they should be.
XBoxBoy
March 24, 2009 at 4:00 PM #372509Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
It will move it a little, but only a little. As others point out, there aren’t that many buyers who can do full doc, 20% down and 6 months reserves. And many of those that can, (myself included) are still gonna sit on the fence and wait for prices to come down.
But the bad news is there will be a small number that do now buy, and they will just give other sellers false hope, and so will drag this whole thing out longer. But that is exactly what the government wants, to drag things out rather than to get the markets to where they should be.
XBoxBoy
March 24, 2009 at 4:00 PM #373010Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
It will move it a little, but only a little. As others point out, there aren’t that many buyers who can do full doc, 20% down and 6 months reserves. And many of those that can, (myself included) are still gonna sit on the fence and wait for prices to come down.
But the bad news is there will be a small number that do now buy, and they will just give other sellers false hope, and so will drag this whole thing out longer. But that is exactly what the government wants, to drag things out rather than to get the markets to where they should be.
XBoxBoy
March 24, 2009 at 4:00 PM #373123Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
It will move it a little, but only a little. As others point out, there aren’t that many buyers who can do full doc, 20% down and 6 months reserves. And many of those that can, (myself included) are still gonna sit on the fence and wait for prices to come down.
But the bad news is there will be a small number that do now buy, and they will just give other sellers false hope, and so will drag this whole thing out longer. But that is exactly what the government wants, to drag things out rather than to get the markets to where they should be.
XBoxBoy
March 24, 2009 at 4:00 PM #372966Participant[quote=IONEGARM]Does anyone really think full doc, 20% down, 6 months reserve will move the high end one bit? I sure don’t.[/quote]
It will move it a little, but only a little. As others point out, there aren’t that many buyers who can do full doc, 20% down and 6 months reserves. And many of those that can, (myself included) are still gonna sit on the fence and wait for prices to come down.
But the bad news is there will be a small number that do now buy, and they will just give other sellers false hope, and so will drag this whole thing out longer. But that is exactly what the government wants, to drag things out rather than to get the markets to where they should be.
XBoxBoy
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