[HarryBosch]

I cant say I have any insight but I can provide one story.

My nephew and his wife recently purchased their first house in Orange County a month ago. He works, has a degree and makes maybe $50K-$60K/year. His wife is working on her masters and is not working. They have no debt.

But in order to buy their first-time home ($320K house) they had to have his parents as co-signers on the loan. I’m sure they did not put 20% down – something much less.

I suspect there will be more co-signers for first time home buyers as we go forward. Unless prices continue to drop to the point that co-signers are not needed.

[HarryBosch]

You always value the money based on what it can purchase.

If someone gave you $10 then would you “value” that $10 more or less than if you had earned it?

Say I’m homeless, I dont work and someone gives me $10. I will value that $10 based on the amount of food and/or liquor I can purchase.

If I earned that $10 I would still value that $10 on the amount of food and/or liquor I can purchase.

[HarryBosch]

You always value the money based on what it can purchase.

If someone gave you $10 then would you “value” that $10 more or less than if you had earned it?

Say I’m homeless, I dont work and someone gives me $10. I will value that $10 based on the amount of food and/or liquor I can purchase.

If I earned that $10 I would still value that $10 on the amount of food and/or liquor I can purchase.

[HarryBosch]

You always value the money based on what it can purchase.

If someone gave you $10 then would you “value” that $10 more or less than if you had earned it?

Say I’m homeless, I dont work and someone gives me $10. I will value that $10 based on the amount of food and/or liquor I can purchase.

If I earned that $10 I would still value that $10 on the amount of food and/or liquor I can purchase.

[HarryBosch]

You always value the money based on what it can purchase.

If someone gave you $10 then would you “value” that $10 more or less than if you had earned it?

Say I’m homeless, I dont work and someone gives me $10. I will value that $10 based on the amount of food and/or liquor I can purchase.

If I earned that $10 I would still value that $10 on the amount of food and/or liquor I can purchase.

[HarryBosch]

You always value the money based on what it can purchase.

If someone gave you $10 then would you “value” that $10 more or less than if you had earned it?

Say I’m homeless, I dont work and someone gives me $10. I will value that $10 based on the amount of food and/or liquor I can purchase.

If I earned that $10 I would still value that $10 on the amount of food and/or liquor I can purchase.

[HarryBosch]

That’s possible. The builder is DR Horton and they’re offering those 0 down, 0 closing costs loans – http://www.drhortonzero.com/ for those houses http://www.drhorton.com/corp/GetCommunity.do?dv=25&pr=42038

[HarryBosch]

That’s possible. The builder is DR Horton and they’re offering those 0 down, 0 closing costs loans – http://www.drhortonzero.com/ for those houses http://www.drhorton.com/corp/GetCommunity.do?dv=25&pr=42038

[HarryBosch]

That’s possible. The builder is DR Horton and they’re offering those 0 down, 0 closing costs loans – http://www.drhortonzero.com/ for those houses http://www.drhorton.com/corp/GetCommunity.do?dv=25&pr=42038

[HarryBosch]

That’s possible. The builder is DR Horton and they’re offering those 0 down, 0 closing costs loans – http://www.drhortonzero.com/ for those houses http://www.drhorton.com/corp/GetCommunity.do?dv=25&pr=42038

[HarryBosch]

That’s possible. The builder is DR Horton and they’re offering those 0 down, 0 closing costs loans – http://www.drhortonzero.com/ for those houses http://www.drhorton.com/corp/GetCommunity.do?dv=25&pr=42038

[HarryBosch]

Here’s the address.

I drove by the house today. The sign is gone. I think someone moved in already.

21519 Coral Rock Ln.
Wildomar 92595

cross street is Central Street.

If you’re heading north on the I15 frwy from San Diego then exit left at Clinton Keith. Drive about a mile or so. Turn right on Grand Ave. Drive through rural land past a high school (or maybe its a middle school) on your left side. Your first stop light will be Central St. Turn left onto Central. Drive 3 blocks and you run into Coral Rock. You’ll see it on the right hand side.

The sign is gone but there’s still plenty of brown lawns.

[HarryBosch]

Here’s the address.

I drove by the house today. The sign is gone. I think someone moved in already.

21519 Coral Rock Ln.
Wildomar 92595

cross street is Central Street.

If you’re heading north on the I15 frwy from San Diego then exit left at Clinton Keith. Drive about a mile or so. Turn right on Grand Ave. Drive through rural land past a high school (or maybe its a middle school) on your left side. Your first stop light will be Central St. Turn left onto Central. Drive 3 blocks and you run into Coral Rock. You’ll see it on the right hand side.

The sign is gone but there’s still plenty of brown lawns.

[HarryBosch]

Here’s the address.

I drove by the house today. The sign is gone. I think someone moved in already.

21519 Coral Rock Ln.
Wildomar 92595

cross street is Central Street.

If you’re heading north on the I15 frwy from San Diego then exit left at Clinton Keith. Drive about a mile or so. Turn right on Grand Ave. Drive through rural land past a high school (or maybe its a middle school) on your left side. Your first stop light will be Central St. Turn left onto Central. Drive 3 blocks and you run into Coral Rock. You’ll see it on the right hand side.

The sign is gone but there’s still plenty of brown lawns.

[HarryBosch]

Here’s the address.

I drove by the house today. The sign is gone. I think someone moved in already.

21519 Coral Rock Ln.
Wildomar 92595

cross street is Central Street.

If you’re heading north on the I15 frwy from San Diego then exit left at Clinton Keith. Drive about a mile or so. Turn right on Grand Ave. Drive through rural land past a high school (or maybe its a middle school) on your left side. Your first stop light will be Central St. Turn left onto Central. Drive 3 blocks and you run into Coral Rock. You’ll see it on the right hand side.

The sign is gone but there’s still plenty of brown lawns.

[Author]

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