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ParticipantWith FHA, you can get a 6% kickback from the seller, so your downpayment and closing costs would likely be covered. Since there would likely be no up-front payment, if the monthly payment is close to equivalent rent, you essentially have a free call option on any appreciation.
How can you get a 6% kickback from the seller on an FHA loan? I’ve never heard of that.
ParticipantGold is the new oil.
ParticipantGold is the new oil.
ParticipantGold is the new oil.
ParticipantGold is the new oil.
ParticipantGold is the new oil.
ParticipantAnything that threatens to throw large numbers of people out of their homes (recasts, etc…) and more importantly *threatens to stop monthly debt payments to banks* will get a bailout. End of story. It has happened before, it will happen again.
And don’t worry about who will buy the debt instruments, the Fed will act as buyer of last resort.
How this all ends is anyone’s guess. It is clearly unsustainable, but this is a big country. It could take decades or it could end tomorrow.
ParticipantAnything that threatens to throw large numbers of people out of their homes (recasts, etc…) and more importantly *threatens to stop monthly debt payments to banks* will get a bailout. End of story. It has happened before, it will happen again.
And don’t worry about who will buy the debt instruments, the Fed will act as buyer of last resort.
How this all ends is anyone’s guess. It is clearly unsustainable, but this is a big country. It could take decades or it could end tomorrow.
ParticipantAnything that threatens to throw large numbers of people out of their homes (recasts, etc…) and more importantly *threatens to stop monthly debt payments to banks* will get a bailout. End of story. It has happened before, it will happen again.
And don’t worry about who will buy the debt instruments, the Fed will act as buyer of last resort.
How this all ends is anyone’s guess. It is clearly unsustainable, but this is a big country. It could take decades or it could end tomorrow.
ParticipantAnything that threatens to throw large numbers of people out of their homes (recasts, etc…) and more importantly *threatens to stop monthly debt payments to banks* will get a bailout. End of story. It has happened before, it will happen again.
And don’t worry about who will buy the debt instruments, the Fed will act as buyer of last resort.
How this all ends is anyone’s guess. It is clearly unsustainable, but this is a big country. It could take decades or it could end tomorrow.
ParticipantAnything that threatens to throw large numbers of people out of their homes (recasts, etc…) and more importantly *threatens to stop monthly debt payments to banks* will get a bailout. End of story. It has happened before, it will happen again.
And don’t worry about who will buy the debt instruments, the Fed will act as buyer of last resort.
How this all ends is anyone’s guess. It is clearly unsustainable, but this is a big country. It could take decades or it could end tomorrow.
ParticipantOkay, I checked out that link. All that that shows is that he used an organization credit card to make purchases that should not be charged to the organization. Unless their accounting department blindly approves and pays these CC statements (which I doubt), this is not an issue. He would have to file expense reports and receive reimbursements from the organization. Unless they can produce the expense report where he charged these to the organization and shows that their accounting department reimbursed him, this is not a story.
It is his name on that CC and he has to pay the bill. Anyone with a company CC knows that. And lots of people put personal charges on their company CC for the miles/hotel points/etc… These charges don’t get reimbursed by the company or organization.
ParticipantOkay, I checked out that link. All that that shows is that he used an organization credit card to make purchases that should not be charged to the organization. Unless their accounting department blindly approves and pays these CC statements (which I doubt), this is not an issue. He would have to file expense reports and receive reimbursements from the organization. Unless they can produce the expense report where he charged these to the organization and shows that their accounting department reimbursed him, this is not a story.
It is his name on that CC and he has to pay the bill. Anyone with a company CC knows that. And lots of people put personal charges on their company CC for the miles/hotel points/etc… These charges don’t get reimbursed by the company or organization.
ParticipantOkay, I checked out that link. All that that shows is that he used an organization credit card to make purchases that should not be charged to the organization. Unless their accounting department blindly approves and pays these CC statements (which I doubt), this is not an issue. He would have to file expense reports and receive reimbursements from the organization. Unless they can produce the expense report where he charged these to the organization and shows that their accounting department reimbursed him, this is not a story.
It is his name on that CC and he has to pay the bill. Anyone with a company CC knows that. And lots of people put personal charges on their company CC for the miles/hotel points/etc… These charges don’t get reimbursed by the company or organization.
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