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moneymaker
ParticipantIf HLS is correct then how do places like this get sold. I’m pretty sure that investors would not buy them. Not many condo buyers pay with all cash, atleast I wouldn’t think so.
moneymaker
ParticipantIf HLS is correct then how do places like this get sold. I’m pretty sure that investors would not buy them. Not many condo buyers pay with all cash, atleast I wouldn’t think so.
moneymaker
ParticipantOffer asking price then hope the appraisal comes in lower,of course you can always back out later if the bank won’t pay for whatever you want.
moneymaker
ParticipantOffer asking price then hope the appraisal comes in lower,of course you can always back out later if the bank won’t pay for whatever you want.
moneymaker
ParticipantOffer asking price then hope the appraisal comes in lower,of course you can always back out later if the bank won’t pay for whatever you want.
moneymaker
ParticipantOffer asking price then hope the appraisal comes in lower,of course you can always back out later if the bank won’t pay for whatever you want.
moneymaker
ParticipantOffer asking price then hope the appraisal comes in lower,of course you can always back out later if the bank won’t pay for whatever you want.
moneymaker
ParticipantIt seems to me that many people are in different circumstances. Believe it or not there are people who bought before the peak with nothing down refinanced,payed off their credit cards, and are now walking away. Some people will say they stuck it to the bank,kinda like Robin Hood, others will say they were shrewd with their money by using other people’s money with little risk. People that sold at the peak and are now renting are in a similarily nice place. I do feel soory for those that put 20% down,refinanced to fix the place up, and now must walk away/(get foreclosed) because of a job loss that ultimately they are not responsible for. Many piggs here have yet to buy. I bought a year ago and am putting sweat equity into our house,rather have a pro do the work but such is life.
moneymaker
ParticipantIt seems to me that many people are in different circumstances. Believe it or not there are people who bought before the peak with nothing down refinanced,payed off their credit cards, and are now walking away. Some people will say they stuck it to the bank,kinda like Robin Hood, others will say they were shrewd with their money by using other people’s money with little risk. People that sold at the peak and are now renting are in a similarily nice place. I do feel soory for those that put 20% down,refinanced to fix the place up, and now must walk away/(get foreclosed) because of a job loss that ultimately they are not responsible for. Many piggs here have yet to buy. I bought a year ago and am putting sweat equity into our house,rather have a pro do the work but such is life.
moneymaker
ParticipantIt seems to me that many people are in different circumstances. Believe it or not there are people who bought before the peak with nothing down refinanced,payed off their credit cards, and are now walking away. Some people will say they stuck it to the bank,kinda like Robin Hood, others will say they were shrewd with their money by using other people’s money with little risk. People that sold at the peak and are now renting are in a similarily nice place. I do feel soory for those that put 20% down,refinanced to fix the place up, and now must walk away/(get foreclosed) because of a job loss that ultimately they are not responsible for. Many piggs here have yet to buy. I bought a year ago and am putting sweat equity into our house,rather have a pro do the work but such is life.
moneymaker
ParticipantIt seems to me that many people are in different circumstances. Believe it or not there are people who bought before the peak with nothing down refinanced,payed off their credit cards, and are now walking away. Some people will say they stuck it to the bank,kinda like Robin Hood, others will say they were shrewd with their money by using other people’s money with little risk. People that sold at the peak and are now renting are in a similarily nice place. I do feel soory for those that put 20% down,refinanced to fix the place up, and now must walk away/(get foreclosed) because of a job loss that ultimately they are not responsible for. Many piggs here have yet to buy. I bought a year ago and am putting sweat equity into our house,rather have a pro do the work but such is life.
moneymaker
ParticipantIt seems to me that many people are in different circumstances. Believe it or not there are people who bought before the peak with nothing down refinanced,payed off their credit cards, and are now walking away. Some people will say they stuck it to the bank,kinda like Robin Hood, others will say they were shrewd with their money by using other people’s money with little risk. People that sold at the peak and are now renting are in a similarily nice place. I do feel soory for those that put 20% down,refinanced to fix the place up, and now must walk away/(get foreclosed) because of a job loss that ultimately they are not responsible for. Many piggs here have yet to buy. I bought a year ago and am putting sweat equity into our house,rather have a pro do the work but such is life.
moneymaker
ParticipantI personally think they have my house under estimated and I think they over estimate in some neighborhoods, so my official opinion is they are still messed up! Then again as I get older I am realizing that it really is location location location but not because of the land, it is the people who are your neighbors that really matter.
moneymaker
ParticipantI personally think they have my house under estimated and I think they over estimate in some neighborhoods, so my official opinion is they are still messed up! Then again as I get older I am realizing that it really is location location location but not because of the land, it is the people who are your neighbors that really matter.
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