[Sandi Egan]

The defense shield is mostly a symbolic issue. Missile interceptors and radar stations in Eastern Europe can’t possibly be used as a protection against Russian nukes.

I’ve read a Russian general’s opinion on this, which explains why hey are so pissed with just 10 interceptors. I don’t know how much of it is factual, but at least it explains their position.

—-
As you noted, there is no way to stop thousands of nukes with this shield. The only scenario when the shield against Russia does make sense is when most of Russian ICBMs are already destroyed.
Since the invention of spy satellites the location of strategic missile silos of the all countries is largely not a secret. If US uses nuclear submarines to attack Russian ballistic missile silos, Russian retaliation options will be limited to a few mobile ICBMs. And then the proposed shield in Eastern Europe becomes highly effective: it can intercept up to 10 ICBMs on early stages, before they split into warheads (could be 200 warheads in 10 missiles).
Any US domestic anti-missile defense has to deal with individual warheads. Even 10 ICBMs if allowed to leave Europe are a very serious danger, since realistically it’s not possible to stop even half of the 200 warheads heading towards US cities and military installations.
Also, once the shield is in place, nothing will stop NATO from turning 10 interceptor missiles into 50 in a very short time.
So basically the only scenario when this shield is useful against Russia is during an offensive strike, greatly increasing chances for such a strike to go unpunished.

[Sandi Egan]

4S Ranch is going to feel prolonged pressure even as other areas hit bottom and start to recover. It’s mostly new and mostly Alt-A. It is relatively unaffected by current subprime turmoil, but the wave of Alt-A resets is just picking up and is going to continue through 2011.
http://www.bubbleinfo.com/journal/2008/3/24/somber-reminder.html

you could see that 600-650k range in another 18-24 months.
SD R, somebody on this site mentioned several month ago that his $670K offer was accepted for a new 4S 3K sqft home. Do you think that was a one-off occurrence?

[Sandi Egan]

4S Ranch is going to feel prolonged pressure even as other areas hit bottom and start to recover. It’s mostly new and mostly Alt-A. It is relatively unaffected by current subprime turmoil, but the wave of Alt-A resets is just picking up and is going to continue through 2011.
http://www.bubbleinfo.com/journal/2008/3/24/somber-reminder.html

you could see that 600-650k range in another 18-24 months.
SD R, somebody on this site mentioned several month ago that his $670K offer was accepted for a new 4S 3K sqft home. Do you think that was a one-off occurrence?

[Sandi Egan]

4S Ranch is going to feel prolonged pressure even as other areas hit bottom and start to recover. It’s mostly new and mostly Alt-A. It is relatively unaffected by current subprime turmoil, but the wave of Alt-A resets is just picking up and is going to continue through 2011.
http://www.bubbleinfo.com/journal/2008/3/24/somber-reminder.html

you could see that 600-650k range in another 18-24 months.
SD R, somebody on this site mentioned several month ago that his $670K offer was accepted for a new 4S 3K sqft home. Do you think that was a one-off occurrence?

[Sandi Egan]

4S Ranch is going to feel prolonged pressure even as other areas hit bottom and start to recover. It’s mostly new and mostly Alt-A. It is relatively unaffected by current subprime turmoil, but the wave of Alt-A resets is just picking up and is going to continue through 2011.
http://www.bubbleinfo.com/journal/2008/3/24/somber-reminder.html

you could see that 600-650k range in another 18-24 months.
SD R, somebody on this site mentioned several month ago that his $670K offer was accepted for a new 4S 3K sqft home. Do you think that was a one-off occurrence?

[Sandi Egan]

4S Ranch is going to feel prolonged pressure even as other areas hit bottom and start to recover. It’s mostly new and mostly Alt-A. It is relatively unaffected by current subprime turmoil, but the wave of Alt-A resets is just picking up and is going to continue through 2011.
http://www.bubbleinfo.com/journal/2008/3/24/somber-reminder.html

you could see that 600-650k range in another 18-24 months.
SD R, somebody on this site mentioned several month ago that his $670K offer was accepted for a new 4S 3K sqft home. Do you think that was a one-off occurrence?

[Sandi Egan]

Forgot to mention that the 4.78% apr requires 3/4 points if the price is less than $1.3M.

Also, if I buy one of BofA REOs in 4S ranch they will pay my HOA fees for 3 years.

[Sandi Egan]

Forgot to mention that the 4.78% apr requires 3/4 points if the price is less than $1.3M.

Also, if I buy one of BofA REOs in 4S ranch they will pay my HOA fees for 3 years.

[Sandi Egan]

Forgot to mention that the 4.78% apr requires 3/4 points if the price is less than $1.3M.

Also, if I buy one of BofA REOs in 4S ranch they will pay my HOA fees for 3 years.

[Sandi Egan]

Forgot to mention that the 4.78% apr requires 3/4 points if the price is less than $1.3M.

Also, if I buy one of BofA REOs in 4S ranch they will pay my HOA fees for 3 years.

[Sandi Egan]

Forgot to mention that the 4.78% apr requires 3/4 points if the price is less than $1.3M.

Also, if I buy one of BofA REOs in 4S ranch they will pay my HOA fees for 3 years.

[Sandi Egan]

First I didn’t believe it, but I called my local BofA branch, and they confirmed all the information in OP.

The friendly clerk explained that they are able to borrow unlimited money from the fed at about 2%, so 4.something% is good return.

She also volunteered to explain why are they looking for low credit score/high debt types. The fact is, you have to be unable to pay your full mortgage to qualify for future govt bailout (of course, banks do know what exactly that bailout is going to look like and when does it kick in). And if you don’t qualify for the bailout, the bank will have to assume the risk itself.

Unfortunately, my credit score is too high to qualify for this particular offer. But luckily she found something suitable for me. So now I am pre-approved for 116% LTV loan at 4.78%, as long as the price is above $1.12M. It’s hard to find a home like that anymore, but I’ll do my best.

Too bad Jim the Realtor has sold his Mesa Norte listing already…

[Sandi Egan]

First I didn’t believe it, but I called my local BofA branch, and they confirmed all the information in OP.

The friendly clerk explained that they are able to borrow unlimited money from the fed at about 2%, so 4.something% is good return.

She also volunteered to explain why are they looking for low credit score/high debt types. The fact is, you have to be unable to pay your full mortgage to qualify for future govt bailout (of course, banks do know what exactly that bailout is going to look like and when does it kick in). And if you don’t qualify for the bailout, the bank will have to assume the risk itself.

Unfortunately, my credit score is too high to qualify for this particular offer. But luckily she found something suitable for me. So now I am pre-approved for 116% LTV loan at 4.78%, as long as the price is above $1.12M. It’s hard to find a home like that anymore, but I’ll do my best.

Too bad Jim the Realtor has sold his Mesa Norte listing already…

[Sandi Egan]

First I didn’t believe it, but I called my local BofA branch, and they confirmed all the information in OP.

The friendly clerk explained that they are able to borrow unlimited money from the fed at about 2%, so 4.something% is good return.

She also volunteered to explain why are they looking for low credit score/high debt types. The fact is, you have to be unable to pay your full mortgage to qualify for future govt bailout (of course, banks do know what exactly that bailout is going to look like and when does it kick in). And if you don’t qualify for the bailout, the bank will have to assume the risk itself.

Unfortunately, my credit score is too high to qualify for this particular offer. But luckily she found something suitable for me. So now I am pre-approved for 116% LTV loan at 4.78%, as long as the price is above $1.12M. It’s hard to find a home like that anymore, but I’ll do my best.

Too bad Jim the Realtor has sold his Mesa Norte listing already…

[Sandi Egan]

First I didn’t believe it, but I called my local BofA branch, and they confirmed all the information in OP.

The friendly clerk explained that they are able to borrow unlimited money from the fed at about 2%, so 4.something% is good return.

She also volunteered to explain why are they looking for low credit score/high debt types. The fact is, you have to be unable to pay your full mortgage to qualify for future govt bailout (of course, banks do know what exactly that bailout is going to look like and when does it kick in). And if you don’t qualify for the bailout, the bank will have to assume the risk itself.

Unfortunately, my credit score is too high to qualify for this particular offer. But luckily she found something suitable for me. So now I am pre-approved for 116% LTV loan at 4.78%, as long as the price is above $1.12M. It’s hard to find a home like that anymore, but I’ll do my best.

Too bad Jim the Realtor has sold his Mesa Norte listing already…

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