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Coronita.
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October 10, 2008 at 12:42 PM #285547October 10, 2008 at 12:43 PM #285214CoronitaParticipant
[quote=esmith]At this point, increasing numbers of sellers will be reconsidering their decision to sell.
It’s better to live through another Great Depression in your own house. Worst case scenario, you’ll stop paying your mortgage and live in it 6-12-18 months for free.[/quote]
I was reading some thread that in some cases wachovia was extending a 2% 30year loan and a hidden second loan interest free….I hope that isn’t happening on a large scale. Yes, it’s sort of unfair.
Oh well though. Dude at a 2% 30 year loan, and interest free second, I’d gladly buy a second or third home even in this economy.October 10, 2008 at 12:43 PM #285505CoronitaParticipant[quote=esmith]At this point, increasing numbers of sellers will be reconsidering their decision to sell.
It’s better to live through another Great Depression in your own house. Worst case scenario, you’ll stop paying your mortgage and live in it 6-12-18 months for free.[/quote]
I was reading some thread that in some cases wachovia was extending a 2% 30year loan and a hidden second loan interest free….I hope that isn’t happening on a large scale. Yes, it’s sort of unfair.
Oh well though. Dude at a 2% 30 year loan, and interest free second, I’d gladly buy a second or third home even in this economy.October 10, 2008 at 12:43 PM #285526CoronitaParticipant[quote=esmith]At this point, increasing numbers of sellers will be reconsidering their decision to sell.
It’s better to live through another Great Depression in your own house. Worst case scenario, you’ll stop paying your mortgage and live in it 6-12-18 months for free.[/quote]
I was reading some thread that in some cases wachovia was extending a 2% 30year loan and a hidden second loan interest free….I hope that isn’t happening on a large scale. Yes, it’s sort of unfair.
Oh well though. Dude at a 2% 30 year loan, and interest free second, I’d gladly buy a second or third home even in this economy.October 10, 2008 at 12:43 PM #285548CoronitaParticipant[quote=esmith]At this point, increasing numbers of sellers will be reconsidering their decision to sell.
It’s better to live through another Great Depression in your own house. Worst case scenario, you’ll stop paying your mortgage and live in it 6-12-18 months for free.[/quote]
I was reading some thread that in some cases wachovia was extending a 2% 30year loan and a hidden second loan interest free….I hope that isn’t happening on a large scale. Yes, it’s sort of unfair.
Oh well though. Dude at a 2% 30 year loan, and interest free second, I’d gladly buy a second or third home even in this economy.October 10, 2008 at 12:43 PM #285557CoronitaParticipant[quote=esmith]At this point, increasing numbers of sellers will be reconsidering their decision to sell.
It’s better to live through another Great Depression in your own house. Worst case scenario, you’ll stop paying your mortgage and live in it 6-12-18 months for free.[/quote]
I was reading some thread that in some cases wachovia was extending a 2% 30year loan and a hidden second loan interest free….I hope that isn’t happening on a large scale. Yes, it’s sort of unfair.
Oh well though. Dude at a 2% 30 year loan, and interest free second, I’d gladly buy a second or third home even in this economy.October 10, 2008 at 12:48 PM #285229peterb
ParticipantLook around, the planet’s imploding. Have a little fortitude to wait. I hear real fear out there and I’m starting to see cracks all over the place that I’ve never seen before!!
October 10, 2008 at 12:48 PM #285520ParticipantLook around, the planet’s imploding. Have a little fortitude to wait. I hear real fear out there and I’m starting to see cracks all over the place that I’ve never seen before!!
October 10, 2008 at 12:48 PM #285541ParticipantLook around, the planet’s imploding. Have a little fortitude to wait. I hear real fear out there and I’m starting to see cracks all over the place that I’ve never seen before!!
October 10, 2008 at 12:48 PM #285563ParticipantLook around, the planet’s imploding. Have a little fortitude to wait. I hear real fear out there and I’m starting to see cracks all over the place that I’ve never seen before!!
October 10, 2008 at 12:48 PM #285572ParticipantLook around, the planet’s imploding. Have a little fortitude to wait. I hear real fear out there and I’m starting to see cracks all over the place that I’ve never seen before!!
October 10, 2008 at 12:53 PM #285234Ren
ParticipantRemember, prices of homes that are for sale aren’t comps. Actual sales are comps, and those are what drive prices down – not the fantasies of sellers.
There are some intelligent sellers to be found, with significant, regular price drops on their listings.
A glimmer of affordability in north county:
http://www.redfin.com/CA/San-Marcos/624-Allison-92069/home/7514428
With 20% down, including taxes and HOA, the payment on that puppy is less than what it would rent for. Patience…October 10, 2008 at 12:53 PM #285525ParticipantRemember, prices of homes that are for sale aren’t comps. Actual sales are comps, and those are what drive prices down – not the fantasies of sellers.
There are some intelligent sellers to be found, with significant, regular price drops on their listings.
A glimmer of affordability in north county:
http://www.redfin.com/CA/San-Marcos/624-Allison-92069/home/7514428
With 20% down, including taxes and HOA, the payment on that puppy is less than what it would rent for. Patience…October 10, 2008 at 12:53 PM #285546ParticipantRemember, prices of homes that are for sale aren’t comps. Actual sales are comps, and those are what drive prices down – not the fantasies of sellers.
There are some intelligent sellers to be found, with significant, regular price drops on their listings.
A glimmer of affordability in north county:
http://www.redfin.com/CA/San-Marcos/624-Allison-92069/home/7514428
With 20% down, including taxes and HOA, the payment on that puppy is less than what it would rent for. Patience…October 10, 2008 at 12:53 PM #285568ParticipantRemember, prices of homes that are for sale aren’t comps. Actual sales are comps, and those are what drive prices down – not the fantasies of sellers.
There are some intelligent sellers to be found, with significant, regular price drops on their listings.
A glimmer of affordability in north county:
http://www.redfin.com/CA/San-Marcos/624-Allison-92069/home/7514428
With 20% down, including taxes and HOA, the payment on that puppy is less than what it would rent for. Patience… -
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