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May 24, 2007 at 6:25 PM in reply to: Temecula: How long till you see a video like this there? #54920
no_such_reality
ParticipantI thought the lenders were supposed to be tightening the rules but it seems to me all they did was raise the credit score min from 0 to 300 and as long as you are breathing they will still get you into that home.
All you did was talk to sales guy trying to pump you a loan. You didn’t actually apply, you didn’t actually qualify nor did you even get close to a real product they would fund you in.
no_such_reality
ParticipantI thought the lenders were supposed to be tightening the rules but it seems to me all they did was raise the credit score min from 0 to 300 and as long as you are breathing they will still get you into that home.
All you did was talk to sales guy trying to pump you a loan. You didn’t actually apply, you didn’t actually qualify nor did you even get close to a real product they would fund you in.
no_such_reality
ParticipantI’d keep the deposit and sue you in small claims for $7500 of damages and put the house back on the market.
Oh, by the way, as the seller, I’m not there. Nor am I returning their calls, my docs are signed and down.
no_such_reality
ParticipantI’d keep the deposit and sue you in small claims for $7500 of damages and put the house back on the market.
Oh, by the way, as the seller, I’m not there. Nor am I returning their calls, my docs are signed and down.
no_such_reality
ParticipantArgentina provides a good example. Read the causes and you’ll see just how far on the daggers edge we are. While disruptive for the world economy, the Euro is becoming a valid competing currency.
no_such_reality
ParticipantArgentina provides a good example. Read the causes and you’ll see just how far on the daggers edge we are. While disruptive for the world economy, the Euro is becoming a valid competing currency.
May 24, 2007 at 9:50 AM in reply to: Temecula: How long till you see a video like this there? #54726no_such_reality
ParticipantWhat would happen if the Builders reset the prices back to 2003/early 2004 in a few months time frame and then resume more normal price appreciation 5% to 8% a year.
This I think would be in everyone best interest,
Not going to happen, nor would it benefit anybody. 5-8% isn’t normal, it’s a hot market.
The reality of normal for an established area is inflation +0.5-1%.
May 24, 2007 at 9:50 AM in reply to: Temecula: How long till you see a video like this there? #54740no_such_reality
ParticipantWhat would happen if the Builders reset the prices back to 2003/early 2004 in a few months time frame and then resume more normal price appreciation 5% to 8% a year.
This I think would be in everyone best interest,
Not going to happen, nor would it benefit anybody. 5-8% isn’t normal, it’s a hot market.
The reality of normal for an established area is inflation +0.5-1%.
no_such_reality
ParticipantYes.
If you bought a million dollar home today and 20% annual inflation returns for 3-4 years, you’ll be sitting pretty, provided you can make the payments in the mean time.
no_such_reality
ParticipantYes.
If you bought a million dollar home today and 20% annual inflation returns for 3-4 years, you’ll be sitting pretty, provided you can make the payments in the mean time.
no_such_reality
ParticipantImbeciles.
I’m not sure if you mean the couple or the magazine publishers who think someone with $1.6 Million in EQUITY is going broke.
no_such_reality
ParticipantImbeciles.
I’m not sure if you mean the couple or the magazine publishers who think someone with $1.6 Million in EQUITY is going broke.
May 22, 2007 at 2:28 PM in reply to: Going rate in San Diego for 30 yr fixed, 5-1 ARM, 7-1 ARM #54378no_such_reality
ParticipantWhat’s the spread between 30 year fixed and 5/1 Arm? 25 basis points or there abouts? it’s been that way for year or two hasn’t it?
May 22, 2007 at 2:28 PM in reply to: Going rate in San Diego for 30 yr fixed, 5-1 ARM, 7-1 ARM #54390no_such_reality
ParticipantWhat’s the spread between 30 year fixed and 5/1 Arm? 25 basis points or there abouts? it’s been that way for year or two hasn’t it?
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