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ParticipantWhat is the seller mood?
Delusional, with occasional bouts of depression…
blahblahblah
ParticipantThe problem is that 90% jumbo loans with PMI just don’t exist anymore, period. We haven’t even gotten far enough to disclose any of that information (sorry to burst your bubble DWACP). Nobody is carrying those mortgage products right now…which was exactly the issue I outlined in my OP.
If that’s true then North County is in trouble. ncounty4 sounds like a very high quality borrower and if they can’t get a loan then not many people will be able to. It will just be the move-up (or move-down) crowd buying. I’ll say it again ncounty4, renting for the next year or two may be the best option for your family. Good luck to you!
blahblahblah
ParticipantThe problem is that 90% jumbo loans with PMI just don’t exist anymore, period. We haven’t even gotten far enough to disclose any of that information (sorry to burst your bubble DWACP). Nobody is carrying those mortgage products right now…which was exactly the issue I outlined in my OP.
If that’s true then North County is in trouble. ncounty4 sounds like a very high quality borrower and if they can’t get a loan then not many people will be able to. It will just be the move-up (or move-down) crowd buying. I’ll say it again ncounty4, renting for the next year or two may be the best option for your family. Good luck to you!
blahblahblah
ParticipantThe problem is that 90% jumbo loans with PMI just don’t exist anymore, period. We haven’t even gotten far enough to disclose any of that information (sorry to burst your bubble DWACP). Nobody is carrying those mortgage products right now…which was exactly the issue I outlined in my OP.
If that’s true then North County is in trouble. ncounty4 sounds like a very high quality borrower and if they can’t get a loan then not many people will be able to. It will just be the move-up (or move-down) crowd buying. I’ll say it again ncounty4, renting for the next year or two may be the best option for your family. Good luck to you!
blahblahblah
ParticipantThe problem is that 90% jumbo loans with PMI just don’t exist anymore, period. We haven’t even gotten far enough to disclose any of that information (sorry to burst your bubble DWACP). Nobody is carrying those mortgage products right now…which was exactly the issue I outlined in my OP.
If that’s true then North County is in trouble. ncounty4 sounds like a very high quality borrower and if they can’t get a loan then not many people will be able to. It will just be the move-up (or move-down) crowd buying. I’ll say it again ncounty4, renting for the next year or two may be the best option for your family. Good luck to you!
blahblahblah
ParticipantThe problem is that 90% jumbo loans with PMI just don’t exist anymore, period. We haven’t even gotten far enough to disclose any of that information (sorry to burst your bubble DWACP). Nobody is carrying those mortgage products right now…which was exactly the issue I outlined in my OP.
If that’s true then North County is in trouble. ncounty4 sounds like a very high quality borrower and if they can’t get a loan then not many people will be able to. It will just be the move-up (or move-down) crowd buying. I’ll say it again ncounty4, renting for the next year or two may be the best option for your family. Good luck to you!
blahblahblah
ParticipantThe problem is that 90% jumbo loans with PMI just don’t exist anymore, period. We haven’t even gotten far enough to disclose any of that information (sorry to burst your bubble DWACP). Nobody is carrying those mortgage products right now…which was exactly the issue I outlined in my OP.
If that’s true then North County is in trouble. ncounty4 sounds like a very high quality borrower and if they can’t get a loan then not many people will be able to. It will just be the move-up (or move-down) crowd buying. I’ll say it again ncounty4, renting for the next year or two may be the best option for your family. Good luck to you!
blahblahblah
ParticipantThe problem is that 90% jumbo loans with PMI just don’t exist anymore, period. We haven’t even gotten far enough to disclose any of that information (sorry to burst your bubble DWACP). Nobody is carrying those mortgage products right now…which was exactly the issue I outlined in my OP.
If that’s true then North County is in trouble. ncounty4 sounds like a very high quality borrower and if they can’t get a loan then not many people will be able to. It will just be the move-up (or move-down) crowd buying. I’ll say it again ncounty4, renting for the next year or two may be the best option for your family. Good luck to you!
blahblahblah
ParticipantThe problem is that 90% jumbo loans with PMI just don’t exist anymore, period. We haven’t even gotten far enough to disclose any of that information (sorry to burst your bubble DWACP). Nobody is carrying those mortgage products right now…which was exactly the issue I outlined in my OP.
If that’s true then North County is in trouble. ncounty4 sounds like a very high quality borrower and if they can’t get a loan then not many people will be able to. It will just be the move-up (or move-down) crowd buying. I’ll say it again ncounty4, renting for the next year or two may be the best option for your family. Good luck to you!
blahblahblah
ParticipantThe problem is that 90% jumbo loans with PMI just don’t exist anymore, period. We haven’t even gotten far enough to disclose any of that information (sorry to burst your bubble DWACP). Nobody is carrying those mortgage products right now…which was exactly the issue I outlined in my OP.
If that’s true then North County is in trouble. ncounty4 sounds like a very high quality borrower and if they can’t get a loan then not many people will be able to. It will just be the move-up (or move-down) crowd buying. I’ll say it again ncounty4, renting for the next year or two may be the best option for your family. Good luck to you!
blahblahblah
ParticipantThe problem is that 90% jumbo loans with PMI just don’t exist anymore, period. We haven’t even gotten far enough to disclose any of that information (sorry to burst your bubble DWACP). Nobody is carrying those mortgage products right now…which was exactly the issue I outlined in my OP.
If that’s true then North County is in trouble. ncounty4 sounds like a very high quality borrower and if they can’t get a loan then not many people will be able to. It will just be the move-up (or move-down) crowd buying. I’ll say it again ncounty4, renting for the next year or two may be the best option for your family. Good luck to you!
blahblahblah
ParticipantWe 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.
You don’t have to live in a townhouse because you don’t have to buy! You can rent an amazing house for $2500-3000/mo. in that area and continue to save your money to get to your 20% down payment. By that time prices will have fallen even more and you’ll be able to get that loan no problem. Good things come to those who wait! Check out the rentals to see what is available — you might be surprised how nice some of them are…
blahblahblah
ParticipantWe 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.
You don’t have to live in a townhouse because you don’t have to buy! You can rent an amazing house for $2500-3000/mo. in that area and continue to save your money to get to your 20% down payment. By that time prices will have fallen even more and you’ll be able to get that loan no problem. Good things come to those who wait! Check out the rentals to see what is available — you might be surprised how nice some of them are…
blahblahblah
ParticipantWe 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.
You don’t have to live in a townhouse because you don’t have to buy! You can rent an amazing house for $2500-3000/mo. in that area and continue to save your money to get to your 20% down payment. By that time prices will have fallen even more and you’ll be able to get that loan no problem. Good things come to those who wait! Check out the rentals to see what is available — you might be surprised how nice some of them are…
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