Forum Replies Created
-
AuthorPosts
-
pedrocon
ParticipantMacs are NOT the best. I agree that a MAC is a powerful computer and the GUI/OS experence is exceptional, but they give you little hardware flexibility and their products tend to be close to double the expense of a PC. All things considered the BEST computer available is a PC running LINUX. Cheap and excellent.
ParticipantMacs are NOT the best. I agree that a MAC is a powerful computer and the GUI/OS experence is exceptional, but they give you little hardware flexibility and their products tend to be close to double the expense of a PC. All things considered the BEST computer available is a PC running LINUX. Cheap and excellent.
ParticipantMacs are NOT the best. I agree that a MAC is a powerful computer and the GUI/OS experence is exceptional, but they give you little hardware flexibility and their products tend to be close to double the expense of a PC. All things considered the BEST computer available is a PC running LINUX. Cheap and excellent.
ParticipantMacs are NOT the best. I agree that a MAC is a powerful computer and the GUI/OS experence is exceptional, but they give you little hardware flexibility and their products tend to be close to double the expense of a PC. All things considered the BEST computer available is a PC running LINUX. Cheap and excellent.
ParticipantIf you have a down payment that covers what the bank considers to be an acceptable amount of the value of the house in a down market and you have good income and ok credit then they’ll do business. Part of the power of the banks is they are willing to do anything to make a buck (ANYTHING), they will screw you, the government, they will screw anyone who is willing to be screwed. They count on the average person being somewhat moral and ethical which they are and this gives them an edge in business dealings. Treat the banks like they treat you, treat everyone else like you want to be treated.
ParticipantIf you have a down payment that covers what the bank considers to be an acceptable amount of the value of the house in a down market and you have good income and ok credit then they’ll do business. Part of the power of the banks is they are willing to do anything to make a buck (ANYTHING), they will screw you, the government, they will screw anyone who is willing to be screwed. They count on the average person being somewhat moral and ethical which they are and this gives them an edge in business dealings. Treat the banks like they treat you, treat everyone else like you want to be treated.
ParticipantIf you have a down payment that covers what the bank considers to be an acceptable amount of the value of the house in a down market and you have good income and ok credit then they’ll do business. Part of the power of the banks is they are willing to do anything to make a buck (ANYTHING), they will screw you, the government, they will screw anyone who is willing to be screwed. They count on the average person being somewhat moral and ethical which they are and this gives them an edge in business dealings. Treat the banks like they treat you, treat everyone else like you want to be treated.
ParticipantIf you have a down payment that covers what the bank considers to be an acceptable amount of the value of the house in a down market and you have good income and ok credit then they’ll do business. Part of the power of the banks is they are willing to do anything to make a buck (ANYTHING), they will screw you, the government, they will screw anyone who is willing to be screwed. They count on the average person being somewhat moral and ethical which they are and this gives them an edge in business dealings. Treat the banks like they treat you, treat everyone else like you want to be treated.
ParticipantIf you have a down payment that covers what the bank considers to be an acceptable amount of the value of the house in a down market and you have good income and ok credit then they’ll do business. Part of the power of the banks is they are willing to do anything to make a buck (ANYTHING), they will screw you, the government, they will screw anyone who is willing to be screwed. They count on the average person being somewhat moral and ethical which they are and this gives them an edge in business dealings. Treat the banks like they treat you, treat everyone else like you want to be treated.
ParticipantIt is not insane to have a non-recourse loan. Again. I repeat in general a collateral loan for a home is normally a very safe investment for the bank, since historically the price of real estate goes up ( tracking inflation ). It is totally reasonable for the home to be sufficient collateral for a home loan. If the current lenders aren’t happy with the arrangement they should get out of the business. Believe me the vacuum will be filled quickly by new lenders. The current condition of the market is atypical.
About the risk premium comment (ucodegen) if interest rates continue to climb then this will force the price of real estate to drop further. With tightening lending standards, high interest rates, and weak income growth comes lower affordability which in the end will cause prices to drop further. Again if we let the market regulate itself in the long run it will probably work better than the gov trying to patch up a sinking ship.
If your are foreclosed on and the lender doesn’t want your business then you rent. If you have strong income (100000+) and sound fundamentals (good down payment)other than your foreclosure and you want to buy a $300000 instead of the $700000 house that you bought in 2005 I have a feeling that there will be lenders out there who will be interested in your business. MONEY TALKS PEOPLE!
ParticipantIt is not insane to have a non-recourse loan. Again. I repeat in general a collateral loan for a home is normally a very safe investment for the bank, since historically the price of real estate goes up ( tracking inflation ). It is totally reasonable for the home to be sufficient collateral for a home loan. If the current lenders aren’t happy with the arrangement they should get out of the business. Believe me the vacuum will be filled quickly by new lenders. The current condition of the market is atypical.
About the risk premium comment (ucodegen) if interest rates continue to climb then this will force the price of real estate to drop further. With tightening lending standards, high interest rates, and weak income growth comes lower affordability which in the end will cause prices to drop further. Again if we let the market regulate itself in the long run it will probably work better than the gov trying to patch up a sinking ship.
If your are foreclosed on and the lender doesn’t want your business then you rent. If you have strong income (100000+) and sound fundamentals (good down payment)other than your foreclosure and you want to buy a $300000 instead of the $700000 house that you bought in 2005 I have a feeling that there will be lenders out there who will be interested in your business. MONEY TALKS PEOPLE!
ParticipantIt is not insane to have a non-recourse loan. Again. I repeat in general a collateral loan for a home is normally a very safe investment for the bank, since historically the price of real estate goes up ( tracking inflation ). It is totally reasonable for the home to be sufficient collateral for a home loan. If the current lenders aren’t happy with the arrangement they should get out of the business. Believe me the vacuum will be filled quickly by new lenders. The current condition of the market is atypical.
About the risk premium comment (ucodegen) if interest rates continue to climb then this will force the price of real estate to drop further. With tightening lending standards, high interest rates, and weak income growth comes lower affordability which in the end will cause prices to drop further. Again if we let the market regulate itself in the long run it will probably work better than the gov trying to patch up a sinking ship.
If your are foreclosed on and the lender doesn’t want your business then you rent. If you have strong income (100000+) and sound fundamentals (good down payment)other than your foreclosure and you want to buy a $300000 instead of the $700000 house that you bought in 2005 I have a feeling that there will be lenders out there who will be interested in your business. MONEY TALKS PEOPLE!
ParticipantIt is not insane to have a non-recourse loan. Again. I repeat in general a collateral loan for a home is normally a very safe investment for the bank, since historically the price of real estate goes up ( tracking inflation ). It is totally reasonable for the home to be sufficient collateral for a home loan. If the current lenders aren’t happy with the arrangement they should get out of the business. Believe me the vacuum will be filled quickly by new lenders. The current condition of the market is atypical.
About the risk premium comment (ucodegen) if interest rates continue to climb then this will force the price of real estate to drop further. With tightening lending standards, high interest rates, and weak income growth comes lower affordability which in the end will cause prices to drop further. Again if we let the market regulate itself in the long run it will probably work better than the gov trying to patch up a sinking ship.
If your are foreclosed on and the lender doesn’t want your business then you rent. If you have strong income (100000+) and sound fundamentals (good down payment)other than your foreclosure and you want to buy a $300000 instead of the $700000 house that you bought in 2005 I have a feeling that there will be lenders out there who will be interested in your business. MONEY TALKS PEOPLE!
ParticipantIt is not insane to have a non-recourse loan. Again. I repeat in general a collateral loan for a home is normally a very safe investment for the bank, since historically the price of real estate goes up ( tracking inflation ). It is totally reasonable for the home to be sufficient collateral for a home loan. If the current lenders aren’t happy with the arrangement they should get out of the business. Believe me the vacuum will be filled quickly by new lenders. The current condition of the market is atypical.
About the risk premium comment (ucodegen) if interest rates continue to climb then this will force the price of real estate to drop further. With tightening lending standards, high interest rates, and weak income growth comes lower affordability which in the end will cause prices to drop further. Again if we let the market regulate itself in the long run it will probably work better than the gov trying to patch up a sinking ship.
If your are foreclosed on and the lender doesn’t want your business then you rent. If you have strong income (100000+) and sound fundamentals (good down payment)other than your foreclosure and you want to buy a $300000 instead of the $700000 house that you bought in 2005 I have a feeling that there will be lenders out there who will be interested in your business. MONEY TALKS PEOPLE!
-
AuthorPosts