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propertysearchaddiction
ParticipantWho is giving you this info? You do not need to go FHA if you have 10% down. That is a total waste of you money because you are going to pay PMI and an upfront PMI fee.
You can go conventional with 10% down as long as you are under the $417,000 which you are!!!
PMI will be about $200 extra month. Your closing costs will be about $4,000 for a conventional and about $12,000 if you go FHA.propertysearchaddiction
ParticipantWho is giving you this info? You do not need to go FHA if you have 10% down. That is a total waste of you money because you are going to pay PMI and an upfront PMI fee.
You can go conventional with 10% down as long as you are under the $417,000 which you are!!!
PMI will be about $200 extra month. Your closing costs will be about $4,000 for a conventional and about $12,000 if you go FHA.propertysearchaddiction
ParticipantWho is giving you this info? You do not need to go FHA if you have 10% down. That is a total waste of you money because you are going to pay PMI and an upfront PMI fee.
You can go conventional with 10% down as long as you are under the $417,000 which you are!!!
PMI will be about $200 extra month. Your closing costs will be about $4,000 for a conventional and about $12,000 if you go FHA.propertysearchaddiction
ParticipantWho is giving you this info? You do not need to go FHA if you have 10% down. That is a total waste of you money because you are going to pay PMI and an upfront PMI fee.
You can go conventional with 10% down as long as you are under the $417,000 which you are!!!
PMI will be about $200 extra month. Your closing costs will be about $4,000 for a conventional and about $12,000 if you go FHA.September 1, 2009 at 9:17 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451418propertysearchaddiction
ParticipantIn the last two months I have seen a change in my neighborhood…I have seen two homes bought by flippers at the auction, fixed up and sold.
I also saw another one bought at auction, fixed up and then a for rent sign went up the next week.That isn’t a huge percentage but I use the free foreclosure site and do not track that often.
Even if the Tsunami comes(which I don’t buy), there are many prepared people on all sides ready to buy them.
September 1, 2009 at 9:17 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451612propertysearchaddiction
ParticipantIn the last two months I have seen a change in my neighborhood…I have seen two homes bought by flippers at the auction, fixed up and sold.
I also saw another one bought at auction, fixed up and then a for rent sign went up the next week.That isn’t a huge percentage but I use the free foreclosure site and do not track that often.
Even if the Tsunami comes(which I don’t buy), there are many prepared people on all sides ready to buy them.
September 1, 2009 at 9:17 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451954propertysearchaddiction
ParticipantIn the last two months I have seen a change in my neighborhood…I have seen two homes bought by flippers at the auction, fixed up and sold.
I also saw another one bought at auction, fixed up and then a for rent sign went up the next week.That isn’t a huge percentage but I use the free foreclosure site and do not track that often.
Even if the Tsunami comes(which I don’t buy), there are many prepared people on all sides ready to buy them.
September 1, 2009 at 9:17 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #452026propertysearchaddiction
ParticipantIn the last two months I have seen a change in my neighborhood…I have seen two homes bought by flippers at the auction, fixed up and sold.
I also saw another one bought at auction, fixed up and then a for rent sign went up the next week.That isn’t a huge percentage but I use the free foreclosure site and do not track that often.
Even if the Tsunami comes(which I don’t buy), there are many prepared people on all sides ready to buy them.
September 1, 2009 at 9:17 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #452216propertysearchaddiction
ParticipantIn the last two months I have seen a change in my neighborhood…I have seen two homes bought by flippers at the auction, fixed up and sold.
I also saw another one bought at auction, fixed up and then a for rent sign went up the next week.That isn’t a huge percentage but I use the free foreclosure site and do not track that often.
Even if the Tsunami comes(which I don’t buy), there are many prepared people on all sides ready to buy them.
August 31, 2009 at 4:21 PM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451144propertysearchaddiction
ParticipantI am getting so patient, I don’t need a Tsunami anymore. I would be happy if they could process these homes in under 1 year.
I am so sick of looking at auction dates being postponed 4 to 5 times.
After a year of free rent our neighbor just got sick of waiting and moved on. They now rent it and make money off their home. Note they took a $200,000 HELOC out a few years ago.
Does anyone out there even still believe in the theory that they are going to open the flood gates and let all the foreclosures out at once?
August 31, 2009 at 4:21 PM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451337propertysearchaddiction
ParticipantI am getting so patient, I don’t need a Tsunami anymore. I would be happy if they could process these homes in under 1 year.
I am so sick of looking at auction dates being postponed 4 to 5 times.
After a year of free rent our neighbor just got sick of waiting and moved on. They now rent it and make money off their home. Note they took a $200,000 HELOC out a few years ago.
Does anyone out there even still believe in the theory that they are going to open the flood gates and let all the foreclosures out at once?
August 31, 2009 at 4:21 PM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451680propertysearchaddiction
ParticipantI am getting so patient, I don’t need a Tsunami anymore. I would be happy if they could process these homes in under 1 year.
I am so sick of looking at auction dates being postponed 4 to 5 times.
After a year of free rent our neighbor just got sick of waiting and moved on. They now rent it and make money off their home. Note they took a $200,000 HELOC out a few years ago.
Does anyone out there even still believe in the theory that they are going to open the flood gates and let all the foreclosures out at once?
August 31, 2009 at 4:21 PM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451756propertysearchaddiction
ParticipantI am getting so patient, I don’t need a Tsunami anymore. I would be happy if they could process these homes in under 1 year.
I am so sick of looking at auction dates being postponed 4 to 5 times.
After a year of free rent our neighbor just got sick of waiting and moved on. They now rent it and make money off their home. Note they took a $200,000 HELOC out a few years ago.
Does anyone out there even still believe in the theory that they are going to open the flood gates and let all the foreclosures out at once?
August 31, 2009 at 4:21 PM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451946propertysearchaddiction
ParticipantI am getting so patient, I don’t need a Tsunami anymore. I would be happy if they could process these homes in under 1 year.
I am so sick of looking at auction dates being postponed 4 to 5 times.
After a year of free rent our neighbor just got sick of waiting and moved on. They now rent it and make money off their home. Note they took a $200,000 HELOC out a few years ago.
Does anyone out there even still believe in the theory that they are going to open the flood gates and let all the foreclosures out at once?
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