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Viewing 15 posts - 31 through 45 (of 736 total)
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  • January 20, 2009 at 10:08 AM #332126
    ncounty4
    Participant

    We actually already own a house that has declined in value, so we would be walking away from any equity we built. We have a rapidly growing family and don’t see why we should have to live in a townhouse when we make a quarter million dollars a year. We can actually afford well over an $800k house from a monthly cash flow perspective, but still value things like savings and investing. We also have 20% to put down, but unlike most people, don’t want to liquidate absolutely every asset we have to get into a house.

    January 20, 2009 at 10:21 AM #331606
    NotCranky
    Participant

    deleted

    January 20, 2009 at 10:21 AM #331944
    NotCranky
    Participant

    deleted

    January 20, 2009 at 10:21 AM #332020
    NotCranky
    Participant

    deleted

    January 20, 2009 at 10:21 AM #332047
    NotCranky
    Participant

    deleted

    January 20, 2009 at 10:21 AM #332131
    NotCranky
    Participant

    deleted

    January 20, 2009 at 10:27 AM #331611
    4plexowner
    Participant

    I think this post shows why the top end will fall hard in the next year or two – the pool of potential buyers for houses requiring jumbo loans has shrunk dramatically

    without cheap, fog-a-mirror jumbo loans the $700K+ market has a hard row to hoe

    January 20, 2009 at 10:27 AM #331949
    4plexowner
    Participant

    I think this post shows why the top end will fall hard in the next year or two – the pool of potential buyers for houses requiring jumbo loans has shrunk dramatically

    without cheap, fog-a-mirror jumbo loans the $700K+ market has a hard row to hoe

    January 20, 2009 at 10:27 AM #332025
    4plexowner
    Participant

    I think this post shows why the top end will fall hard in the next year or two – the pool of potential buyers for houses requiring jumbo loans has shrunk dramatically

    without cheap, fog-a-mirror jumbo loans the $700K+ market has a hard row to hoe

    January 20, 2009 at 10:27 AM #332052
    4plexowner
    Participant

    I think this post shows why the top end will fall hard in the next year or two – the pool of potential buyers for houses requiring jumbo loans has shrunk dramatically

    without cheap, fog-a-mirror jumbo loans the $700K+ market has a hard row to hoe

    January 20, 2009 at 10:27 AM #332136
    4plexowner
    Participant

    I think this post shows why the top end will fall hard in the next year or two – the pool of potential buyers for houses requiring jumbo loans has shrunk dramatically

    without cheap, fog-a-mirror jumbo loans the $700K+ market has a hard row to hoe

    January 20, 2009 at 10:30 AM #331617
    waterboy
    Participant

    ncounty4- which lenders have told you they won’t do 10% down on a jumbo if you are willing to pay PMI?

    January 20, 2009 at 10:30 AM #331954
    waterboy
    Participant

    ncounty4- which lenders have told you they won’t do 10% down on a jumbo if you are willing to pay PMI?

    January 20, 2009 at 10:30 AM #332030
    waterboy
    Participant

    ncounty4- which lenders have told you they won’t do 10% down on a jumbo if you are willing to pay PMI?

    January 20, 2009 at 10:30 AM #332057
    waterboy
    Participant

    ncounty4- which lenders have told you they won’t do 10% down on a jumbo if you are willing to pay PMI?

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