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October 19, 2009 at 2:48 PM #471769October 19, 2009 at 2:50 PM #470952scaredyclassicParticipant
Oy vey.
October 19, 2009 at 2:50 PM #471132scaredyclassicParticipantOy vey.
October 19, 2009 at 2:50 PM #471490scaredyclassicParticipantOy vey.
October 19, 2009 at 2:50 PM #471567scaredyclassicParticipantOy vey.
October 19, 2009 at 2:50 PM #471789scaredyclassicParticipantOy vey.
October 19, 2009 at 2:56 PM #470956ArrayaParticipant[[email protected]]In your case, not the owner, rent money is toilet money because it only benefits the property owner who had the courage to own the space you inhabit, who can make you move and where you have no chance to gain equity… zero. You are only an observer not a player.
The FHA buyer is paying MIP because they did not have 10% plus closing costs is in the game and while there is no guarantee they will gain financially, history is on their side. In the meantime, they have a home, their special place.
My perspective has the advantage of many years and my many homes bought and sold never once at a loss. My almost 40 year perspective is based on personal knowledge of thousands of families who have used high leverage FHA and VA financing to buy their home, raise their families and then retired on their equity.
I cannot promise that when you leave for work you will not be crushed by a runaway bus or have an airplane fly into your head and I cannot promise, if you buy a home , you will make money.
All I can promise is while observers may be entertained they will never be winners at the game they watch.[/quote]
Kool-aid for sale! Get your fresh Kool-aide!
October 19, 2009 at 2:56 PM #471137ArrayaParticipant[[email protected]]In your case, not the owner, rent money is toilet money because it only benefits the property owner who had the courage to own the space you inhabit, who can make you move and where you have no chance to gain equity… zero. You are only an observer not a player.
The FHA buyer is paying MIP because they did not have 10% plus closing costs is in the game and while there is no guarantee they will gain financially, history is on their side. In the meantime, they have a home, their special place.
My perspective has the advantage of many years and my many homes bought and sold never once at a loss. My almost 40 year perspective is based on personal knowledge of thousands of families who have used high leverage FHA and VA financing to buy their home, raise their families and then retired on their equity.
I cannot promise that when you leave for work you will not be crushed by a runaway bus or have an airplane fly into your head and I cannot promise, if you buy a home , you will make money.
All I can promise is while observers may be entertained they will never be winners at the game they watch.[/quote]
Kool-aid for sale! Get your fresh Kool-aide!
October 19, 2009 at 2:56 PM #471495ArrayaParticipant[[email protected]]In your case, not the owner, rent money is toilet money because it only benefits the property owner who had the courage to own the space you inhabit, who can make you move and where you have no chance to gain equity… zero. You are only an observer not a player.
The FHA buyer is paying MIP because they did not have 10% plus closing costs is in the game and while there is no guarantee they will gain financially, history is on their side. In the meantime, they have a home, their special place.
My perspective has the advantage of many years and my many homes bought and sold never once at a loss. My almost 40 year perspective is based on personal knowledge of thousands of families who have used high leverage FHA and VA financing to buy their home, raise their families and then retired on their equity.
I cannot promise that when you leave for work you will not be crushed by a runaway bus or have an airplane fly into your head and I cannot promise, if you buy a home , you will make money.
All I can promise is while observers may be entertained they will never be winners at the game they watch.[/quote]
Kool-aid for sale! Get your fresh Kool-aide!
October 19, 2009 at 2:56 PM #471572ArrayaParticipant[[email protected]]In your case, not the owner, rent money is toilet money because it only benefits the property owner who had the courage to own the space you inhabit, who can make you move and where you have no chance to gain equity… zero. You are only an observer not a player.
The FHA buyer is paying MIP because they did not have 10% plus closing costs is in the game and while there is no guarantee they will gain financially, history is on their side. In the meantime, they have a home, their special place.
My perspective has the advantage of many years and my many homes bought and sold never once at a loss. My almost 40 year perspective is based on personal knowledge of thousands of families who have used high leverage FHA and VA financing to buy their home, raise their families and then retired on their equity.
I cannot promise that when you leave for work you will not be crushed by a runaway bus or have an airplane fly into your head and I cannot promise, if you buy a home , you will make money.
All I can promise is while observers may be entertained they will never be winners at the game they watch.[/quote]
Kool-aid for sale! Get your fresh Kool-aide!
October 19, 2009 at 2:56 PM #471794ArrayaParticipant[[email protected]]In your case, not the owner, rent money is toilet money because it only benefits the property owner who had the courage to own the space you inhabit, who can make you move and where you have no chance to gain equity… zero. You are only an observer not a player.
The FHA buyer is paying MIP because they did not have 10% plus closing costs is in the game and while there is no guarantee they will gain financially, history is on their side. In the meantime, they have a home, their special place.
My perspective has the advantage of many years and my many homes bought and sold never once at a loss. My almost 40 year perspective is based on personal knowledge of thousands of families who have used high leverage FHA and VA financing to buy their home, raise their families and then retired on their equity.
I cannot promise that when you leave for work you will not be crushed by a runaway bus or have an airplane fly into your head and I cannot promise, if you buy a home , you will make money.
All I can promise is while observers may be entertained they will never be winners at the game they watch.[/quote]
Kool-aid for sale! Get your fresh Kool-aide!
October 19, 2009 at 3:43 PM #470986CA renterParticipantNow we know for a fact the bubble is back — see the bull trolls, just like those trolls at the peak of the housing bubble who swore that prices could never fall, and that those of us who predicted ~50% declines were crazy.
It’ll be fun to see how this ends… π
October 19, 2009 at 3:43 PM #471167CA renterParticipantNow we know for a fact the bubble is back — see the bull trolls, just like those trolls at the peak of the housing bubble who swore that prices could never fall, and that those of us who predicted ~50% declines were crazy.
It’ll be fun to see how this ends… π
October 19, 2009 at 3:43 PM #471525CA renterParticipantNow we know for a fact the bubble is back — see the bull trolls, just like those trolls at the peak of the housing bubble who swore that prices could never fall, and that those of us who predicted ~50% declines were crazy.
It’ll be fun to see how this ends… π
October 19, 2009 at 3:43 PM #471602CA renterParticipantNow we know for a fact the bubble is back — see the bull trolls, just like those trolls at the peak of the housing bubble who swore that prices could never fall, and that those of us who predicted ~50% declines were crazy.
It’ll be fun to see how this ends… π
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