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Viewing 15 posts - 61 through 75 (of 231 total)
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  • February 4, 2008 at 3:27 PM #148305
    jpinpb
    Participant

    These terms are going to make people go on another shopping spree. Once it gets going again, we’re looking to a few more years before the prices come down again. No prepayment penalties. That’ll help people. Down payment assistance. That’ll help people. Assumable loans. What more can you ask for.

    97% LTV on Purchases
    Down Payment Assistance of up to 6%
    95% LTV on cash out refinancing
    No minimum credit scores
    Liberal credit guidelines
    No prepayment penalties
    SFR, Condo’s, Town Homes, and Manufactured
    Seller contributions of up to 6%
    Non-occupying cosigners
    Higher income to debt ratios
    Loans are assumable

    February 4, 2008 at 3:42 PM #147976
    Anonymous
    Guest

    It’s a bummer the government is probably going to do this. Another aspect of it is that a nice single family home will still be unaffordable to most SD families IMO. On the other hand, they bought the kool aid previously and won’t realize that a 41% debt ratio isn’t a good thing to have and they’ll be stretching to make payments. They’ll assume if the government is making the loan, then they can make the payments.

    February 4, 2008 at 3:42 PM #148224
    Anonymous
    Guest

    It’s a bummer the government is probably going to do this. Another aspect of it is that a nice single family home will still be unaffordable to most SD families IMO. On the other hand, they bought the kool aid previously and won’t realize that a 41% debt ratio isn’t a good thing to have and they’ll be stretching to make payments. They’ll assume if the government is making the loan, then they can make the payments.

    February 4, 2008 at 3:42 PM #148244
    Anonymous
    Guest

    It’s a bummer the government is probably going to do this. Another aspect of it is that a nice single family home will still be unaffordable to most SD families IMO. On the other hand, they bought the kool aid previously and won’t realize that a 41% debt ratio isn’t a good thing to have and they’ll be stretching to make payments. They’ll assume if the government is making the loan, then they can make the payments.

    February 4, 2008 at 3:42 PM #148257
    Anonymous
    Guest

    It’s a bummer the government is probably going to do this. Another aspect of it is that a nice single family home will still be unaffordable to most SD families IMO. On the other hand, they bought the kool aid previously and won’t realize that a 41% debt ratio isn’t a good thing to have and they’ll be stretching to make payments. They’ll assume if the government is making the loan, then they can make the payments.

    February 4, 2008 at 3:42 PM #148323
    Anonymous
    Guest

    It’s a bummer the government is probably going to do this. Another aspect of it is that a nice single family home will still be unaffordable to most SD families IMO. On the other hand, they bought the kool aid previously and won’t realize that a 41% debt ratio isn’t a good thing to have and they’ll be stretching to make payments. They’ll assume if the government is making the loan, then they can make the payments.

    February 4, 2008 at 3:55 PM #147996
    jpinpb
    Participant

    I agree, bummer. This whole thing angers me. I’m thinking if I wait, prices will come down. But this new development throws a wrench in the whole thing. After this reaches the end, what will they do next? What are they going to think of and come up w/next? What’s going to be the next great idea/scheme?

    February 4, 2008 at 3:55 PM #148245
    jpinpb
    Participant

    I agree, bummer. This whole thing angers me. I’m thinking if I wait, prices will come down. But this new development throws a wrench in the whole thing. After this reaches the end, what will they do next? What are they going to think of and come up w/next? What’s going to be the next great idea/scheme?

    February 4, 2008 at 3:55 PM #148263
    jpinpb
    Participant

    I agree, bummer. This whole thing angers me. I’m thinking if I wait, prices will come down. But this new development throws a wrench in the whole thing. After this reaches the end, what will they do next? What are they going to think of and come up w/next? What’s going to be the next great idea/scheme?

    February 4, 2008 at 3:55 PM #148277
    jpinpb
    Participant

    I agree, bummer. This whole thing angers me. I’m thinking if I wait, prices will come down. But this new development throws a wrench in the whole thing. After this reaches the end, what will they do next? What are they going to think of and come up w/next? What’s going to be the next great idea/scheme?

    February 4, 2008 at 3:55 PM #148345
    jpinpb
    Participant

    I agree, bummer. This whole thing angers me. I’m thinking if I wait, prices will come down. But this new development throws a wrench in the whole thing. After this reaches the end, what will they do next? What are they going to think of and come up w/next? What’s going to be the next great idea/scheme?

    February 4, 2008 at 3:58 PM #148006
    Coronita
    Participant

    Again….Think folks, think. How do we milk this cow this time if…

    (1) You're already a homeowner.

    or 

    (2) If you're on the sideline right now.

     

    There's got to be a way to milk this. 

     

    [img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

    —– Sour grapes for everyone!

    February 4, 2008 at 3:58 PM #148254
    Coronita
    Participant

    Again….Think folks, think. How do we milk this cow this time if…

    (1) You're already a homeowner.

    or 

    (2) If you're on the sideline right now.

     

    There's got to be a way to milk this. 

     

    [img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

    —– Sour grapes for everyone!

    February 4, 2008 at 3:58 PM #148273
    Coronita
    Participant

    Again….Think folks, think. How do we milk this cow this time if…

    (1) You're already a homeowner.

    or 

    (2) If you're on the sideline right now.

     

    There's got to be a way to milk this. 

     

    [img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

    —– Sour grapes for everyone!

    February 4, 2008 at 3:58 PM #148287
    Coronita
    Participant

    Again….Think folks, think. How do we milk this cow this time if…

    (1) You're already a homeowner.

    or 

    (2) If you're on the sideline right now.

     

    There's got to be a way to milk this. 

     

    [img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]

    —– Sour grapes for everyone!

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