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(former)FormerSanDiegan
ParticipantI think anyone who finances through countrywide is an idiot
I guess I am an idiot.
I refinanced a rental property through them a while back. They ended up as the servicer of a loan I had since 2002, and locking in about 250K loan with them at 6.25% was pretty easy (essentially no doc) and seemed prudent after riding a 5-year rate at 5.5%.
ParticipantI think anyone who finances through countrywide is an idiot
I guess I am an idiot.
I refinanced a rental property through them a while back. They ended up as the servicer of a loan I had since 2002, and locking in about 250K loan with them at 6.25% was pretty easy (essentially no doc) and seemed prudent after riding a 5-year rate at 5.5%.
ParticipantI think anyone who finances through countrywide is an idiot
I guess I am an idiot.
I refinanced a rental property through them a while back. They ended up as the servicer of a loan I had since 2002, and locking in about 250K loan with them at 6.25% was pretty easy (essentially no doc) and seemed prudent after riding a 5-year rate at 5.5%.
ParticipantI think anyone who finances through countrywide is an idiot
I guess I am an idiot.
I refinanced a rental property through them a while back. They ended up as the servicer of a loan I had since 2002, and locking in about 250K loan with them at 6.25% was pretty easy (essentially no doc) and seemed prudent after riding a 5-year rate at 5.5%.
November 6, 2007 at 5:28 PM in reply to: Where do you stand on America’s wealth spectrum-Article #96402ParticipantLook for net worth by age. I think you are a pretty young guy? Hope that does the trick.
Is it just me or does this article need more of the slicing and dicing suggested above. I’d like to see the data as cumulative distribution plots (not just quintiles) and also sliced into different age groups. But I guess that might be too complex for a yahoo finance article.
November 6, 2007 at 5:28 PM in reply to: Where do you stand on America’s wealth spectrum-Article #96464ParticipantLook for net worth by age. I think you are a pretty young guy? Hope that does the trick.
Is it just me or does this article need more of the slicing and dicing suggested above. I’d like to see the data as cumulative distribution plots (not just quintiles) and also sliced into different age groups. But I guess that might be too complex for a yahoo finance article.
November 6, 2007 at 5:28 PM in reply to: Where do you stand on America’s wealth spectrum-Article #96473ParticipantLook for net worth by age. I think you are a pretty young guy? Hope that does the trick.
Is it just me or does this article need more of the slicing and dicing suggested above. I’d like to see the data as cumulative distribution plots (not just quintiles) and also sliced into different age groups. But I guess that might be too complex for a yahoo finance article.
November 6, 2007 at 5:28 PM in reply to: Where do you stand on America’s wealth spectrum-Article #96479ParticipantLook for net worth by age. I think you are a pretty young guy? Hope that does the trick.
Is it just me or does this article need more of the slicing and dicing suggested above. I’d like to see the data as cumulative distribution plots (not just quintiles) and also sliced into different age groups. But I guess that might be too complex for a yahoo finance article.
November 5, 2007 at 3:40 PM in reply to: Think home-price slide is over? The worst appears yet to come.(SD) #96039ParticipantI really thought that with the media coverage and the internet that maybe it would decline faster now with the abundance of data available.
The internet was available in 2002-2005. Data were available back then that indicated prices were significantly out of whack wrt fundamentals. It really did not prevent the bubbble from inflating further or make the housing market more efficient. The housing cycle is less a product of available information than available financing products.November 5, 2007 at 3:40 PM in reply to: Think home-price slide is over? The worst appears yet to come.(SD) #96101ParticipantI really thought that with the media coverage and the internet that maybe it would decline faster now with the abundance of data available.
The internet was available in 2002-2005. Data were available back then that indicated prices were significantly out of whack wrt fundamentals. It really did not prevent the bubbble from inflating further or make the housing market more efficient. The housing cycle is less a product of available information than available financing products.November 5, 2007 at 3:40 PM in reply to: Think home-price slide is over? The worst appears yet to come.(SD) #96108ParticipantI really thought that with the media coverage and the internet that maybe it would decline faster now with the abundance of data available.
The internet was available in 2002-2005. Data were available back then that indicated prices were significantly out of whack wrt fundamentals. It really did not prevent the bubbble from inflating further or make the housing market more efficient. The housing cycle is less a product of available information than available financing products.November 5, 2007 at 3:40 PM in reply to: Think home-price slide is over? The worst appears yet to come.(SD) #96115ParticipantI really thought that with the media coverage and the internet that maybe it would decline faster now with the abundance of data available.
The internet was available in 2002-2005. Data were available back then that indicated prices were significantly out of whack wrt fundamentals. It really did not prevent the bubbble from inflating further or make the housing market more efficient. The housing cycle is less a product of available information than available financing products.ParticipantAm I nuts?
It would be nuts to seriously consider certain areas without scouting them out on the ground first or better yet, having lived somewhere in the area first.
If you are trying to decide whether to relocate, make a visit and determine whether you could live in a place you could afford to buy at current prices. If so, I’d recommend that you could move to SD and rent for a year or two and will probably find even nicer places at the same price.
ParticipantAm I nuts?
It would be nuts to seriously consider certain areas without scouting them out on the ground first or better yet, having lived somewhere in the area first.
If you are trying to decide whether to relocate, make a visit and determine whether you could live in a place you could afford to buy at current prices. If so, I’d recommend that you could move to SD and rent for a year or two and will probably find even nicer places at the same price.
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