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Adebisi
Participant[quote=recordsclerk]FHA buyers have fewer homes to choose from. Many foreclosures cannot go FHA due to the 90-day rule. In addition, FHA buyers have to bid higher to get the same house over a conventional buyer. You can add this to the opportunity cost of going with FHA. Not only is there a financial cost, but there is a potential lose of quality.[/quote]
Good point. But aren’t most of the foreclosures going to all-cash buyers who then flip it to someone with a government-backed loan? Or, are people with conventional loans and 20% down also able to compete in the foreclosure market?
Participant[quote=recordsclerk]FHA buyers have fewer homes to choose from. Many foreclosures cannot go FHA due to the 90-day rule. In addition, FHA buyers have to bid higher to get the same house over a conventional buyer. You can add this to the opportunity cost of going with FHA. Not only is there a financial cost, but there is a potential lose of quality.[/quote]
Good point. But aren’t most of the foreclosures going to all-cash buyers who then flip it to someone with a government-backed loan? Or, are people with conventional loans and 20% down also able to compete in the foreclosure market?
Participant[quote=recordsclerk]FHA buyers have fewer homes to choose from. Many foreclosures cannot go FHA due to the 90-day rule. In addition, FHA buyers have to bid higher to get the same house over a conventional buyer. You can add this to the opportunity cost of going with FHA. Not only is there a financial cost, but there is a potential lose of quality.[/quote]
Good point. But aren’t most of the foreclosures going to all-cash buyers who then flip it to someone with a government-backed loan? Or, are people with conventional loans and 20% down also able to compete in the foreclosure market?
Participant[quote=recordsclerk]FHA buyers have fewer homes to choose from. Many foreclosures cannot go FHA due to the 90-day rule. In addition, FHA buyers have to bid higher to get the same house over a conventional buyer. You can add this to the opportunity cost of going with FHA. Not only is there a financial cost, but there is a potential lose of quality.[/quote]
Good point. But aren’t most of the foreclosures going to all-cash buyers who then flip it to someone with a government-backed loan? Or, are people with conventional loans and 20% down also able to compete in the foreclosure market?
Participantur,
Thanks for explaining that. Let’s hear more about this emotional instability. Does he frequently become irate when asked questions?
Participantur,
Thanks for explaining that. Let’s hear more about this emotional instability. Does he frequently become irate when asked questions?
Participantur,
Thanks for explaining that. Let’s hear more about this emotional instability. Does he frequently become irate when asked questions?
Participantur,
Thanks for explaining that. Let’s hear more about this emotional instability. Does he frequently become irate when asked questions?
Participantur,
Thanks for explaining that. Let’s hear more about this emotional instability. Does he frequently become irate when asked questions?
Participant[quote=urbanrealtor]
You (adebisi) just really seem to want to mix it up with pros here in a disrespectful way.
[/quote]I asked HLS two questions:
(1) Do you disclose your commission for selling a mortgage?
(2) How do those commission rates compare to FHA?Instead of just answering my questions, HLS went ballistic and called me a jerk and a fool. I consider HLS’s behavior to be far from ‘pro’fessional and I don’t see how those two questions are disrespectful.
Participant[quote=urbanrealtor]
You (adebisi) just really seem to want to mix it up with pros here in a disrespectful way.
[/quote]I asked HLS two questions:
(1) Do you disclose your commission for selling a mortgage?
(2) How do those commission rates compare to FHA?Instead of just answering my questions, HLS went ballistic and called me a jerk and a fool. I consider HLS’s behavior to be far from ‘pro’fessional and I don’t see how those two questions are disrespectful.
Participant[quote=urbanrealtor]
You (adebisi) just really seem to want to mix it up with pros here in a disrespectful way.
[/quote]I asked HLS two questions:
(1) Do you disclose your commission for selling a mortgage?
(2) How do those commission rates compare to FHA?Instead of just answering my questions, HLS went ballistic and called me a jerk and a fool. I consider HLS’s behavior to be far from ‘pro’fessional and I don’t see how those two questions are disrespectful.
Participant[quote=urbanrealtor]
You (adebisi) just really seem to want to mix it up with pros here in a disrespectful way.
[/quote]I asked HLS two questions:
(1) Do you disclose your commission for selling a mortgage?
(2) How do those commission rates compare to FHA?Instead of just answering my questions, HLS went ballistic and called me a jerk and a fool. I consider HLS’s behavior to be far from ‘pro’fessional and I don’t see how those two questions are disrespectful.
Participant[quote=urbanrealtor]
You (adebisi) just really seem to want to mix it up with pros here in a disrespectful way.
[/quote]I asked HLS two questions:
(1) Do you disclose your commission for selling a mortgage?
(2) How do those commission rates compare to FHA?Instead of just answering my questions, HLS went ballistic and called me a jerk and a fool. I consider HLS’s behavior to be far from ‘pro’fessional and I don’t see how those two questions are disrespectful.
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