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kev374
ParticipantI would say with 20% down your front-end/back-end ratios should be 28/36. In addition you need 6 months reserves at a minimum (i.e. 6 months of your monthly outflows), $5k or so emergency fund for unexpected maintainence, closing costs and you *may* need funds for furnishings and moving costs.
So, buying a home is not the *JOKE* many people have made it out to be in recent years, it is a HUGE commitment.
ParticipantIt backs up to RAILROAD TRACKS. The freeway is about 1500 feet away! lol
Wha??? Well, in that case it’s additional 20% off right there and a lifetime supply of earplugs.
ParticipantIt backs up to RAILROAD TRACKS. The freeway is about 1500 feet away! lol
Wha??? Well, in that case it’s additional 20% off right there and a lifetime supply of earplugs.
ParticipantIt backs up to RAILROAD TRACKS. The freeway is about 1500 feet away! lol
Wha??? Well, in that case it’s additional 20% off right there and a lifetime supply of earplugs.
ParticipantIt backs up to RAILROAD TRACKS. The freeway is about 1500 feet away! lol
Wha??? Well, in that case it’s additional 20% off right there and a lifetime supply of earplugs.
ParticipantIt backs up to RAILROAD TRACKS. The freeway is about 1500 feet away! lol
Wha??? Well, in that case it’s additional 20% off right there and a lifetime supply of earplugs.
ParticipantThis is now not something to forecast but it is quite OBVIOUS!
ParticipantThis is now not something to forecast but it is quite OBVIOUS!
ParticipantThis is now not something to forecast but it is quite OBVIOUS!
ParticipantThis is now not something to forecast but it is quite OBVIOUS!
ParticipantThis is now not something to forecast but it is quite OBVIOUS!
December 20, 2007 at 1:09 PM in reply to: The often asked question, when will housing bottom? #121716ParticipantThe decline so far has been severe. In the last year alone list prices have come down drastically. See my other post about the 2200sqft SFR in upscale Anahiem hills for $500k. This would’ve sold for $650k at least during the peak, so we’re talking 23% instant REBATE! And even at these reduced prices, these homes are NOT selling. And god knows we have soooo much CARNAGE ahead of us yet to come!
December 20, 2007 at 1:09 PM in reply to: The often asked question, when will housing bottom? #121742ParticipantThe decline so far has been severe. In the last year alone list prices have come down drastically. See my other post about the 2200sqft SFR in upscale Anahiem hills for $500k. This would’ve sold for $650k at least during the peak, so we’re talking 23% instant REBATE! And even at these reduced prices, these homes are NOT selling. And god knows we have soooo much CARNAGE ahead of us yet to come!
December 20, 2007 at 1:09 PM in reply to: The often asked question, when will housing bottom? #121794ParticipantThe decline so far has been severe. In the last year alone list prices have come down drastically. See my other post about the 2200sqft SFR in upscale Anahiem hills for $500k. This would’ve sold for $650k at least during the peak, so we’re talking 23% instant REBATE! And even at these reduced prices, these homes are NOT selling. And god knows we have soooo much CARNAGE ahead of us yet to come!
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