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bobby
Participanthere’s an idea. Fork over the $325 for the appraisal. If the house value is significantly lower than the loan, threaten to walk. They may actually reduce the loan or interest to the point where it offsets the PMI.
the other option is to buy another house then let the current one goes to foreclosure.ParticipantI think if they have found oil under the condo, George Bush would have declared it a terrorist organization and invaded it by now, so… I say oil was not found under the condo.
ParticipantI think if they have found oil under the condo, George Bush would have declared it a terrorist organization and invaded it by now, so… I say oil was not found under the condo.
ParticipantI think if they have found oil under the condo, George Bush would have declared it a terrorist organization and invaded it by now, so… I say oil was not found under the condo.
ParticipantI think if they have found oil under the condo, George Bush would have declared it a terrorist organization and invaded it by now, so… I say oil was not found under the condo.
ParticipantI think if they have found oil under the condo, George Bush would have declared it a terrorist organization and invaded it by now, so… I say oil was not found under the condo.
Participantyour argument is well and good but you must consider the ability of the buyers to pay. If buyers can’t pay (or can’t get loan), there’s less demand. Supply is constant ergo prices decrease.
Participantyour argument is well and good but you must consider the ability of the buyers to pay. If buyers can’t pay (or can’t get loan), there’s less demand. Supply is constant ergo prices decrease.
Participantyour argument is well and good but you must consider the ability of the buyers to pay. If buyers can’t pay (or can’t get loan), there’s less demand. Supply is constant ergo prices decrease.
Participantyour argument is well and good but you must consider the ability of the buyers to pay. If buyers can’t pay (or can’t get loan), there’s less demand. Supply is constant ergo prices decrease.
Participantyour argument is well and good but you must consider the ability of the buyers to pay. If buyers can’t pay (or can’t get loan), there’s less demand. Supply is constant ergo prices decrease.
ParticipantI see your original argument. The problem is one of supply and demand. Even if the houses are supposed to be worth $500K (based on your analysis) but no one can buy it because we are paid in dollars (not euros) and because the bank won’t let anyone borrow, then the price has to go down.. or there wont be any transaction, either scenario is more likely than houses being sold at $500K.
also, you pick monetary metrics that supports your arguments. can’t we pick #shares of GM or Countrywide per housing unit cost. Why pick euros instead of dollars when dollars IS the currency in the US of A?
heck, if I really want to support your thesis, I’d pick shares of Google for my monetary metrics. Housing value is 30% what it should be right now!!!ParticipantI see your original argument. The problem is one of supply and demand. Even if the houses are supposed to be worth $500K (based on your analysis) but no one can buy it because we are paid in dollars (not euros) and because the bank won’t let anyone borrow, then the price has to go down.. or there wont be any transaction, either scenario is more likely than houses being sold at $500K.
also, you pick monetary metrics that supports your arguments. can’t we pick #shares of GM or Countrywide per housing unit cost. Why pick euros instead of dollars when dollars IS the currency in the US of A?
heck, if I really want to support your thesis, I’d pick shares of Google for my monetary metrics. Housing value is 30% what it should be right now!!!ParticipantI see your original argument. The problem is one of supply and demand. Even if the houses are supposed to be worth $500K (based on your analysis) but no one can buy it because we are paid in dollars (not euros) and because the bank won’t let anyone borrow, then the price has to go down.. or there wont be any transaction, either scenario is more likely than houses being sold at $500K.
also, you pick monetary metrics that supports your arguments. can’t we pick #shares of GM or Countrywide per housing unit cost. Why pick euros instead of dollars when dollars IS the currency in the US of A?
heck, if I really want to support your thesis, I’d pick shares of Google for my monetary metrics. Housing value is 30% what it should be right now!!! -
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