[lonestar2000]

With CFC execs cashing out their options, and CFC tapping their entire available credit for the next three months, I hardly think their issues are overblown. Even if they survive they are a huge target for a takeover/buyout. I can think of several Chinese banks with more money collecting dust than they know what to do with.

[lonestar2000]

Do what I do, only show your wife properties that have past your screening. Then she decides to buy the property she likes best from the ones you’re comfortable with buying.

Seriously, my wife is as concerned about finances as I am, so I guess I lucked out. We will not buy unless we’re both happy with the property. We certainly have no shortage of choices now and time is on our side. The longer we wait the better off we’ll be so we’re certainly not in a hurry.

[lonestar2000]

Do what I do, only show your wife properties that have past your screening. Then she decides to buy the property she likes best from the ones you’re comfortable with buying.

Seriously, my wife is as concerned about finances as I am, so I guess I lucked out. We will not buy unless we’re both happy with the property. We certainly have no shortage of choices now and time is on our side. The longer we wait the better off we’ll be so we’re certainly not in a hurry.

[lonestar2000]

Do what I do, only show your wife properties that have past your screening. Then she decides to buy the property she likes best from the ones you’re comfortable with buying.

Seriously, my wife is as concerned about finances as I am, so I guess I lucked out. We will not buy unless we’re both happy with the property. We certainly have no shortage of choices now and time is on our side. The longer we wait the better off we’ll be so we’re certainly not in a hurry.

[lonestar2000]

The Midwest areas (Texas, etc.) will most doubtedly return to fundamentals well before 2017, but places such as California, Florida, Vegas, etc. that had the largest price runups will take a very long time to reach equilibrium.

I agree with Thornberg that we’re in the middle of a long and painful adjustment which was completely predictable and necessary.

[lonestar2000]

The Midwest areas (Texas, etc.) will most doubtedly return to fundamentals well before 2017, but places such as California, Florida, Vegas, etc. that had the largest price runups will take a very long time to reach equilibrium.

I agree with Thornberg that we’re in the middle of a long and painful adjustment which was completely predictable and necessary.

[lonestar2000]

The Midwest areas (Texas, etc.) will most doubtedly return to fundamentals well before 2017, but places such as California, Florida, Vegas, etc. that had the largest price runups will take a very long time to reach equilibrium.

I agree with Thornberg that we’re in the middle of a long and painful adjustment which was completely predictable and necessary.

[lonestar2000]

AmTrustDirect is FDIC insured (not sure what the limit is) and their current APYs are 5.36% on a e-Money Market account and 5.41% on a 12-month CD.

It is a safe bet, and since they operate on-line only you get some of the best Money Market rates out there.

[lonestar2000]

AmTrustDirect is FDIC insured (not sure what the limit is) and their current APYs are 5.36% on a e-Money Market account and 5.41% on a 12-month CD.

It is a safe bet, and since they operate on-line only you get some of the best Money Market rates out there.

[lonestar2000]

AmTrustDirect is FDIC insured (not sure what the limit is) and their current APYs are 5.36% on a e-Money Market account and 5.41% on a 12-month CD.

It is a safe bet, and since they operate on-line only you get some of the best Money Market rates out there.

[lonestar2000]

Check out AMTrustDirect. They offer an e-Money Market checking account with an APY of 5.36% and a 12 month CD at 5.41%.

http://www.amtrustdirect.com/pages/default.aspx

It is one of the best money market accounts. Your $200k will net you nearly $11k a year in the e-Money Market fund and you’d stay liquid, withdrawing as you need. More if you’re willing to keep the money locked in the CD.

As the markets tank over the coming years, having $215k sitting in a bank account will be a very beatiful thing to behold.

[lonestar2000]

Check out AMTrustDirect. They offer an e-Money Market checking account with an APY of 5.36% and a 12 month CD at 5.41%.

http://www.amtrustdirect.com/pages/default.aspx

It is one of the best money market accounts. Your $200k will net you nearly $11k a year in the e-Money Market fund and you’d stay liquid, withdrawing as you need. More if you’re willing to keep the money locked in the CD.

As the markets tank over the coming years, having $215k sitting in a bank account will be a very beatiful thing to behold.

[lonestar2000]

Check out AMTrustDirect. They offer an e-Money Market checking account with an APY of 5.36% and a 12 month CD at 5.41%.

http://www.amtrustdirect.com/pages/default.aspx

It is one of the best money market accounts. Your $200k will net you nearly $11k a year in the e-Money Market fund and you’d stay liquid, withdrawing as you need. More if you’re willing to keep the money locked in the CD.

As the markets tank over the coming years, having $215k sitting in a bank account will be a very beatiful thing to behold.

[lonestar2000]

bsrsharma,

That number can be higher if the buyer puts in skin (his own money, i.e. down payment). It is the actual loan amount that counts.

[lonestar2000]

bsrsharma,

That number can be higher if the buyer puts in skin (his own money, i.e. down payment). It is the actual loan amount that counts.

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