[5yearwaiter]

[quote=WayneBruce]I also have a question. What is the current limit in California for Conformal Mortgages? Has it gone back down to $417k, or is it still higher?[/quote]

If you pay 20% down then there could be 619K mortgage eligibility in San Diego locations and this is also comes under conventional loans like 417K (may be a small interest rate change)

[5yearwaiter]

[quote=picpoule]There’s rumblings to replace the $8,000 Federal Tax Credit with a $15,000 tax credit for all buyers once the $8,000 credit expires:

http://www.rockymounttelegram.com/news/bill-to-expand-housing-benefit-687420.html%5B/quote%5D

Don’t we call or consider this kind of acts are all Fraud? What if after purchase of house price goes down?. I appreciate if FED would also give a buy-back gurantee for the first 20% down amount incase “if the house value goes down”, well this sounds funny but who is going to assure for future loss? – so these acts may be Fraud. Now this kind of high attractions would push many to fall into this false spending on housing… but where is gurantee for the price we are going to throw on housing?

[5yearwaiter]

[quote=picpoule]There’s rumblings to replace the $8,000 Federal Tax Credit with a $15,000 tax credit for all buyers once the $8,000 credit expires:

http://www.rockymounttelegram.com/news/bill-to-expand-housing-benefit-687420.html%5B/quote%5D

Don’t we call or consider this kind of acts are all Fraud? What if after purchase of house price goes down?. I appreciate if FED would also give a buy-back gurantee for the first 20% down amount incase “if the house value goes down”, well this sounds funny but who is going to assure for future loss? – so these acts may be Fraud. Now this kind of high attractions would push many to fall into this false spending on housing… but where is gurantee for the price we are going to throw on housing?

[5yearwaiter]

[quote=picpoule]There’s rumblings to replace the $8,000 Federal Tax Credit with a $15,000 tax credit for all buyers once the $8,000 credit expires:

http://www.rockymounttelegram.com/news/bill-to-expand-housing-benefit-687420.html%5B/quote%5D

Don’t we call or consider this kind of acts are all Fraud? What if after purchase of house price goes down?. I appreciate if FED would also give a buy-back gurantee for the first 20% down amount incase “if the house value goes down”, well this sounds funny but who is going to assure for future loss? – so these acts may be Fraud. Now this kind of high attractions would push many to fall into this false spending on housing… but where is gurantee for the price we are going to throw on housing?

[5yearwaiter]

[quote=picpoule]There’s rumblings to replace the $8,000 Federal Tax Credit with a $15,000 tax credit for all buyers once the $8,000 credit expires:

http://www.rockymounttelegram.com/news/bill-to-expand-housing-benefit-687420.html%5B/quote%5D

Don’t we call or consider this kind of acts are all Fraud? What if after purchase of house price goes down?. I appreciate if FED would also give a buy-back gurantee for the first 20% down amount incase “if the house value goes down”, well this sounds funny but who is going to assure for future loss? – so these acts may be Fraud. Now this kind of high attractions would push many to fall into this false spending on housing… but where is gurantee for the price we are going to throw on housing?

[5yearwaiter]

[quote=picpoule]There’s rumblings to replace the $8,000 Federal Tax Credit with a $15,000 tax credit for all buyers once the $8,000 credit expires:

http://www.rockymounttelegram.com/news/bill-to-expand-housing-benefit-687420.html%5B/quote%5D

Don’t we call or consider this kind of acts are all Fraud? What if after purchase of house price goes down?. I appreciate if FED would also give a buy-back gurantee for the first 20% down amount incase “if the house value goes down”, well this sounds funny but who is going to assure for future loss? – so these acts may be Fraud. Now this kind of high attractions would push many to fall into this false spending on housing… but where is gurantee for the price we are going to throw on housing?

[5yearwaiter]

[quote=patb][quote=XBoxBoy][quote=Arraya]What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.

In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?[/quote]

Let Arnold start act in films again – and catch that revenue for this state. His slogan was he is rich he doesn’t have to worry about money – let him donate a bit to (t)his state.

[5yearwaiter]

[quote=patb][quote=XBoxBoy][quote=Arraya]What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.

In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?[/quote]

Let Arnold start act in films again – and catch that revenue for this state. His slogan was he is rich he doesn’t have to worry about money – let him donate a bit to (t)his state.

[5yearwaiter]

[quote=patb][quote=XBoxBoy][quote=Arraya]What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.

In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?[/quote]

Let Arnold start act in films again – and catch that revenue for this state. His slogan was he is rich he doesn’t have to worry about money – let him donate a bit to (t)his state.

[5yearwaiter]

[quote=patb][quote=XBoxBoy][quote=Arraya]What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.

In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?[/quote]

Let Arnold start act in films again – and catch that revenue for this state. His slogan was he is rich he doesn’t have to worry about money – let him donate a bit to (t)his state.

[5yearwaiter]

[quote=patb][quote=XBoxBoy][quote=Arraya]What’s Arnold going to do next year? Real estate will be down another 5%,
sales tax at best will be flat, income tax at best will be flat, and there is no room for gimmicks.

In an election year, what can they do ? Maybe allow some more drilling?
But, how do they make up another 20 billion in deficit?[/quote]

Let Arnold start act in films again – and catch that revenue for this state. His slogan was he is rich he doesn’t have to worry about money – let him donate a bit to (t)his state.

[5yearwaiter]

[quote=XBoxBoy]
Sadly, our politicians understand none of this.

XBoxBoy[/quote]

Those who knows/understands more would remain there as is like us homeless !! 🙂 but those who don’t understand and don’t care all messup they grow faster. Today Fed also their side those who made or cotribute to this mess-up, folks who understood this entire game plan today remained as is there – though they expected this bubble and all. Catch the flow but not hang on theory much

[5yearwaiter]

[quote=XBoxBoy]
Sadly, our politicians understand none of this.

XBoxBoy[/quote]

Those who knows/understands more would remain there as is like us homeless !! 🙂 but those who don’t understand and don’t care all messup they grow faster. Today Fed also their side those who made or cotribute to this mess-up, folks who understood this entire game plan today remained as is there – though they expected this bubble and all. Catch the flow but not hang on theory much

[5yearwaiter]

[quote=XBoxBoy]
Sadly, our politicians understand none of this.

XBoxBoy[/quote]

Those who knows/understands more would remain there as is like us homeless !! 🙂 but those who don’t understand and don’t care all messup they grow faster. Today Fed also their side those who made or cotribute to this mess-up, folks who understood this entire game plan today remained as is there – though they expected this bubble and all. Catch the flow but not hang on theory much

[5yearwaiter]

[quote=XBoxBoy]
Sadly, our politicians understand none of this.

XBoxBoy[/quote]

Those who knows/understands more would remain there as is like us homeless !! 🙂 but those who don’t understand and don’t care all messup they grow faster. Today Fed also their side those who made or cotribute to this mess-up, folks who understood this entire game plan today remained as is there – though they expected this bubble and all. Catch the flow but not hang on theory much

[Author]

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