[Ren]

I know our government is bloated, corrupt, and inept, but I can’t imagine even them doing this without some kind of collateral/repayment. In other words, it will be 20 years before these idiots see any equity. Maybe they’ll have a much lower payment than the responsible people next door, but they’ll essentially be renting from the government.

At least I hope so.

We can also pray that people who blatantly lied on their original loan application are immediately disqualified. I doubt that will happen, but I can dream.

[Ren]

I know our government is bloated, corrupt, and inept, but I can’t imagine even them doing this without some kind of collateral/repayment. In other words, it will be 20 years before these idiots see any equity. Maybe they’ll have a much lower payment than the responsible people next door, but they’ll essentially be renting from the government.

At least I hope so.

We can also pray that people who blatantly lied on their original loan application are immediately disqualified. I doubt that will happen, but I can dream.

[Ren]

I know our government is bloated, corrupt, and inept, but I can’t imagine even them doing this without some kind of collateral/repayment. In other words, it will be 20 years before these idiots see any equity. Maybe they’ll have a much lower payment than the responsible people next door, but they’ll essentially be renting from the government.

At least I hope so.

We can also pray that people who blatantly lied on their original loan application are immediately disqualified. I doubt that will happen, but I can dream.

[Ren]

I know our government is bloated, corrupt, and inept, but I can’t imagine even them doing this without some kind of collateral/repayment. In other words, it will be 20 years before these idiots see any equity. Maybe they’ll have a much lower payment than the responsible people next door, but they’ll essentially be renting from the government.

At least I hope so.

We can also pray that people who blatantly lied on their original loan application are immediately disqualified. I doubt that will happen, but I can dream.

[Ren]

I know our government is bloated, corrupt, and inept, but I can’t imagine even them doing this without some kind of collateral/repayment. In other words, it will be 20 years before these idiots see any equity. Maybe they’ll have a much lower payment than the responsible people next door, but they’ll essentially be renting from the government.

At least I hope so.

We can also pray that people who blatantly lied on their original loan application are immediately disqualified. I doubt that will happen, but I can dream.

[Ren]

[quote=poorsaver]Per zillow, which I know has it’s inconsistencies, it’s currently valued at $2.4M. Checking with my realtor, it does seem to be accurate.[/quote]

Zillow isn’t just inconsistent, it can be wildly inaccurate. Take that out of the equation completely and only look at comps in that area at that time.

[Ren]

[quote=poorsaver]Per zillow, which I know has it’s inconsistencies, it’s currently valued at $2.4M. Checking with my realtor, it does seem to be accurate.[/quote]

Zillow isn’t just inconsistent, it can be wildly inaccurate. Take that out of the equation completely and only look at comps in that area at that time.

[Ren]

[quote=poorsaver]Per zillow, which I know has it’s inconsistencies, it’s currently valued at $2.4M. Checking with my realtor, it does seem to be accurate.[/quote]

Zillow isn’t just inconsistent, it can be wildly inaccurate. Take that out of the equation completely and only look at comps in that area at that time.

[Ren]

[quote=poorsaver]Per zillow, which I know has it’s inconsistencies, it’s currently valued at $2.4M. Checking with my realtor, it does seem to be accurate.[/quote]

Zillow isn’t just inconsistent, it can be wildly inaccurate. Take that out of the equation completely and only look at comps in that area at that time.

[Ren]

[quote=poorsaver]Per zillow, which I know has it’s inconsistencies, it’s currently valued at $2.4M. Checking with my realtor, it does seem to be accurate.[/quote]

Zillow isn’t just inconsistent, it can be wildly inaccurate. Take that out of the equation completely and only look at comps in that area at that time.

[Ren]

Keep in mind that sales activity can be very high and not affect the direction of prices. Look at this past year in Temecula, including spring. Big increase in sales. Prices, however, continued to tank the entire time (real world, not median, although that dropped as well).

[Ren]

Keep in mind that sales activity can be very high and not affect the direction of prices. Look at this past year in Temecula, including spring. Big increase in sales. Prices, however, continued to tank the entire time (real world, not median, although that dropped as well).

[Ren]

Keep in mind that sales activity can be very high and not affect the direction of prices. Look at this past year in Temecula, including spring. Big increase in sales. Prices, however, continued to tank the entire time (real world, not median, although that dropped as well).

[Ren]

Keep in mind that sales activity can be very high and not affect the direction of prices. Look at this past year in Temecula, including spring. Big increase in sales. Prices, however, continued to tank the entire time (real world, not median, although that dropped as well).

[Ren]

Keep in mind that sales activity can be very high and not affect the direction of prices. Look at this past year in Temecula, including spring. Big increase in sales. Prices, however, continued to tank the entire time (real world, not median, although that dropped as well).

[Author]

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