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patientrenter
Participantpabloesqobar, you didn’t ask for a moral lesson, just an assessment of how likely it was that your friend could successfully defraud the city. But seeing this sure doesn’t make me want to vote for any new low-income housing assistance from any level of government, i.e. from my pocket.
Patient renter in OC
Participantpabloesqobar, you didn’t ask for a moral lesson, just an assessment of how likely it was that your friend could successfully defraud the city. But seeing this sure doesn’t make me want to vote for any new low-income housing assistance from any level of government, i.e. from my pocket.
Patient renter in OC
Participantpabloesqobar, you didn’t ask for a moral lesson, just an assessment of how likely it was that your friend could successfully defraud the city. But seeing this sure doesn’t make me want to vote for any new low-income housing assistance from any level of government, i.e. from my pocket.
Patient renter in OC
ParticipantNeeta, how much was the required downpayment? If the downpayment is big enough, let’s say 30%, on a conservatively appraised property, then the loan is as near to risk-free as you can get today. That would qualify it for a rate closer to Treasuries than to rates on high-risk loans with less than 30% down. Treasury and other low-risk rates are lower today than 6 months ago.
Patient renter in OC
ParticipantNeeta, how much was the required downpayment? If the downpayment is big enough, let’s say 30%, on a conservatively appraised property, then the loan is as near to risk-free as you can get today. That would qualify it for a rate closer to Treasuries than to rates on high-risk loans with less than 30% down. Treasury and other low-risk rates are lower today than 6 months ago.
Patient renter in OC
ParticipantNeeta, how much was the required downpayment? If the downpayment is big enough, let’s say 30%, on a conservatively appraised property, then the loan is as near to risk-free as you can get today. That would qualify it for a rate closer to Treasuries than to rates on high-risk loans with less than 30% down. Treasury and other low-risk rates are lower today than 6 months ago.
Patient renter in OC
ParticipantNeeta, how much was the required downpayment? If the downpayment is big enough, let’s say 30%, on a conservatively appraised property, then the loan is as near to risk-free as you can get today. That would qualify it for a rate closer to Treasuries than to rates on high-risk loans with less than 30% down. Treasury and other low-risk rates are lower today than 6 months ago.
Patient renter in OC
ParticipantNeeta, how much was the required downpayment? If the downpayment is big enough, let’s say 30%, on a conservatively appraised property, then the loan is as near to risk-free as you can get today. That would qualify it for a rate closer to Treasuries than to rates on high-risk loans with less than 30% down. Treasury and other low-risk rates are lower today than 6 months ago.
Patient renter in OC
ParticipantHmmm… I thought the people who’d bought $2 million homes at the peak weren’t subject to price pressures or foreclosure risk. It’s fascinating to watch this tide go out.
Why would anyone borrow more than $1 million if the interest on the excess over $1 million is not deductible? Is everyone in the wealthiest 1% earning more than 6% on their money net of taxes?
Patient renter in OC
ParticipantHmmm… I thought the people who’d bought $2 million homes at the peak weren’t subject to price pressures or foreclosure risk. It’s fascinating to watch this tide go out.
Why would anyone borrow more than $1 million if the interest on the excess over $1 million is not deductible? Is everyone in the wealthiest 1% earning more than 6% on their money net of taxes?
Patient renter in OC
ParticipantHmmm… I thought the people who’d bought $2 million homes at the peak weren’t subject to price pressures or foreclosure risk. It’s fascinating to watch this tide go out.
Why would anyone borrow more than $1 million if the interest on the excess over $1 million is not deductible? Is everyone in the wealthiest 1% earning more than 6% on their money net of taxes?
Patient renter in OC
ParticipantHmmm… I thought the people who’d bought $2 million homes at the peak weren’t subject to price pressures or foreclosure risk. It’s fascinating to watch this tide go out.
Why would anyone borrow more than $1 million if the interest on the excess over $1 million is not deductible? Is everyone in the wealthiest 1% earning more than 6% on their money net of taxes?
Patient renter in OC
ParticipantHmmm… I thought the people who’d bought $2 million homes at the peak weren’t subject to price pressures or foreclosure risk. It’s fascinating to watch this tide go out.
Why would anyone borrow more than $1 million if the interest on the excess over $1 million is not deductible? Is everyone in the wealthiest 1% earning more than 6% on their money net of taxes?
Patient renter in OC
ParticipantThanks, kev. I’ll offer the best deal I’ve seen so far (apart from unapproved short sales, which I ignore):
25036 EL CARRIZO, Laguna Niguel, CA 92677. 11/18/07 2/2, 850sq ft, $299,900.
Description:
Pristine condition, upstairs, ready for move-in, wood floors, marble fireplace,private gated entry patio, inside laundry, 1 car garage, 1 carport. Vaulted… moreIt’s a good area. Agent had an offer for $270K last I checked. I hope for lots more in 2008.
Patient renter in OC
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