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patientrenter
Participant[quote=sdrealtor]Thanx dave. I’m just a layperson in these matters and wonder where the truth lies. I’m sure plenty others do also.[/quote]
The TARP money was necessary to paper over bank insolvency as the price of assets, and the bank loans against the assets, dropped back closer to pre-bubble values. The price of assets, especially MBS assets, is now being supported back at bubble levels by other, less visible, govt programs (like the $1.2 trillion in Fed purchases of MBS), and so most of the TARP is no longer needed. It’s a shell game, and the pea got moved to the other shell. Most of the bailout is no longer to be found under the TARP shell.
Participant[quote=sdrealtor]Thanx dave. I’m just a layperson in these matters and wonder where the truth lies. I’m sure plenty others do also.[/quote]
The TARP money was necessary to paper over bank insolvency as the price of assets, and the bank loans against the assets, dropped back closer to pre-bubble values. The price of assets, especially MBS assets, is now being supported back at bubble levels by other, less visible, govt programs (like the $1.2 trillion in Fed purchases of MBS), and so most of the TARP is no longer needed. It’s a shell game, and the pea got moved to the other shell. Most of the bailout is no longer to be found under the TARP shell.
Participant[quote=sdrealtor]Thanx dave. I’m just a layperson in these matters and wonder where the truth lies. I’m sure plenty others do also.[/quote]
The TARP money was necessary to paper over bank insolvency as the price of assets, and the bank loans against the assets, dropped back closer to pre-bubble values. The price of assets, especially MBS assets, is now being supported back at bubble levels by other, less visible, govt programs (like the $1.2 trillion in Fed purchases of MBS), and so most of the TARP is no longer needed. It’s a shell game, and the pea got moved to the other shell. Most of the bailout is no longer to be found under the TARP shell.
Participant[quote=Hobie]….Dave are you sure you really care about this or….[/quote]
LoL! I think Dave sees some hypocrisy amongst those women who pick and choose the best parts of the traditional and modern social roles for women. And he is trying to draw it out with this post, and have a little fun exposing it.
Dave, the business of financing San Diego businesses must be awfully quiet these days 🙂
Participant[quote=Hobie]….Dave are you sure you really care about this or….[/quote]
LoL! I think Dave sees some hypocrisy amongst those women who pick and choose the best parts of the traditional and modern social roles for women. And he is trying to draw it out with this post, and have a little fun exposing it.
Dave, the business of financing San Diego businesses must be awfully quiet these days 🙂
Participant[quote=Hobie]….Dave are you sure you really care about this or….[/quote]
LoL! I think Dave sees some hypocrisy amongst those women who pick and choose the best parts of the traditional and modern social roles for women. And he is trying to draw it out with this post, and have a little fun exposing it.
Dave, the business of financing San Diego businesses must be awfully quiet these days 🙂
Participant[quote=Hobie]….Dave are you sure you really care about this or….[/quote]
LoL! I think Dave sees some hypocrisy amongst those women who pick and choose the best parts of the traditional and modern social roles for women. And he is trying to draw it out with this post, and have a little fun exposing it.
Dave, the business of financing San Diego businesses must be awfully quiet these days 🙂
Participant[quote=Hobie]….Dave are you sure you really care about this or….[/quote]
LoL! I think Dave sees some hypocrisy amongst those women who pick and choose the best parts of the traditional and modern social roles for women. And he is trying to draw it out with this post, and have a little fun exposing it.
Dave, the business of financing San Diego businesses must be awfully quiet these days 🙂
Participant[quote=scaredycat]yaaarrrggghh. i went for a run and picked a number .. I’ll offer it monday. I am resolved. I want this house.[/quote]
Best wishes, scaredycat. As long as you like it, it will work out. But maybe you could see, after you make your offer, if it will be possible to finance it with FHA. Wouldn’t it be nice if you only had upside?
Participant[quote=scaredycat]yaaarrrggghh. i went for a run and picked a number .. I’ll offer it monday. I am resolved. I want this house.[/quote]
Best wishes, scaredycat. As long as you like it, it will work out. But maybe you could see, after you make your offer, if it will be possible to finance it with FHA. Wouldn’t it be nice if you only had upside?
Participant[quote=scaredycat]yaaarrrggghh. i went for a run and picked a number .. I’ll offer it monday. I am resolved. I want this house.[/quote]
Best wishes, scaredycat. As long as you like it, it will work out. But maybe you could see, after you make your offer, if it will be possible to finance it with FHA. Wouldn’t it be nice if you only had upside?
Participant[quote=scaredycat]yaaarrrggghh. i went for a run and picked a number .. I’ll offer it monday. I am resolved. I want this house.[/quote]
Best wishes, scaredycat. As long as you like it, it will work out. But maybe you could see, after you make your offer, if it will be possible to finance it with FHA. Wouldn’t it be nice if you only had upside?
Participant[quote=scaredycat]yaaarrrggghh. i went for a run and picked a number .. I’ll offer it monday. I am resolved. I want this house.[/quote]
Best wishes, scaredycat. As long as you like it, it will work out. But maybe you could see, after you make your offer, if it will be possible to finance it with FHA. Wouldn’t it be nice if you only had upside?
ParticipantDon’t pay using any of your own money. Use FHA money. Get tax credits and cash back from the sellers or RE agents for the rest.
If you can’t beat ’em, join ’em.
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