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Scarlett
Participanthow would that affect the traction in case of rain I wonder? or when someone has to break hard?
Participanthow would that affect the traction in case of rain I wonder? or when someone has to break hard?
Participanthow would that affect the traction in case of rain I wonder? or when someone has to break hard?
Participanthow would that affect the traction in case of rain I wonder? or when someone has to break hard?
Participanthow would that affect the traction in case of rain I wonder? or when someone has to break hard?
February 24, 2011 at 12:48 PM in reply to: Rates rising and tougher qualifying on the horizon? #670715ParticipantI am in a similar situation with Angela. I am looking to buy, but with only 10% down – in PUSD. The voice of prudence says to save 20% down and buy in 3-4 years from now so that I won’t have PMI. I CAN put 20% down if I take a home loan from my 401K. Either way if I buy now I would take a risk since I won’t have much left in cash reserves. ANd who knows about job stability? Mine would never be more certain than a couple of years at a time…
If I wait a few years the houses I wanted may not change that much in price, but the monthly payment would have increased by a lot due to the rates increase – and they would have become once again unaffordable for me. So as a buyer I would continuously chase the market, having to settle for much less and throwing money on rent down the drain.
I do agree that those will be good things, only I lament that I’ve been caught in the middle – they should’ve had those measures in place YEARS ago (or rather, maintain them).
February 24, 2011 at 12:48 PM in reply to: Rates rising and tougher qualifying on the horizon? #670776ParticipantI am in a similar situation with Angela. I am looking to buy, but with only 10% down – in PUSD. The voice of prudence says to save 20% down and buy in 3-4 years from now so that I won’t have PMI. I CAN put 20% down if I take a home loan from my 401K. Either way if I buy now I would take a risk since I won’t have much left in cash reserves. ANd who knows about job stability? Mine would never be more certain than a couple of years at a time…
If I wait a few years the houses I wanted may not change that much in price, but the monthly payment would have increased by a lot due to the rates increase – and they would have become once again unaffordable for me. So as a buyer I would continuously chase the market, having to settle for much less and throwing money on rent down the drain.
I do agree that those will be good things, only I lament that I’ve been caught in the middle – they should’ve had those measures in place YEARS ago (or rather, maintain them).
February 24, 2011 at 12:48 PM in reply to: Rates rising and tougher qualifying on the horizon? #671384ParticipantI am in a similar situation with Angela. I am looking to buy, but with only 10% down – in PUSD. The voice of prudence says to save 20% down and buy in 3-4 years from now so that I won’t have PMI. I CAN put 20% down if I take a home loan from my 401K. Either way if I buy now I would take a risk since I won’t have much left in cash reserves. ANd who knows about job stability? Mine would never be more certain than a couple of years at a time…
If I wait a few years the houses I wanted may not change that much in price, but the monthly payment would have increased by a lot due to the rates increase – and they would have become once again unaffordable for me. So as a buyer I would continuously chase the market, having to settle for much less and throwing money on rent down the drain.
I do agree that those will be good things, only I lament that I’ve been caught in the middle – they should’ve had those measures in place YEARS ago (or rather, maintain them).
February 24, 2011 at 12:48 PM in reply to: Rates rising and tougher qualifying on the horizon? #671524ParticipantI am in a similar situation with Angela. I am looking to buy, but with only 10% down – in PUSD. The voice of prudence says to save 20% down and buy in 3-4 years from now so that I won’t have PMI. I CAN put 20% down if I take a home loan from my 401K. Either way if I buy now I would take a risk since I won’t have much left in cash reserves. ANd who knows about job stability? Mine would never be more certain than a couple of years at a time…
If I wait a few years the houses I wanted may not change that much in price, but the monthly payment would have increased by a lot due to the rates increase – and they would have become once again unaffordable for me. So as a buyer I would continuously chase the market, having to settle for much less and throwing money on rent down the drain.
I do agree that those will be good things, only I lament that I’ve been caught in the middle – they should’ve had those measures in place YEARS ago (or rather, maintain them).
February 24, 2011 at 12:48 PM in reply to: Rates rising and tougher qualifying on the horizon? #671868ParticipantI am in a similar situation with Angela. I am looking to buy, but with only 10% down – in PUSD. The voice of prudence says to save 20% down and buy in 3-4 years from now so that I won’t have PMI. I CAN put 20% down if I take a home loan from my 401K. Either way if I buy now I would take a risk since I won’t have much left in cash reserves. ANd who knows about job stability? Mine would never be more certain than a couple of years at a time…
If I wait a few years the houses I wanted may not change that much in price, but the monthly payment would have increased by a lot due to the rates increase – and they would have become once again unaffordable for me. So as a buyer I would continuously chase the market, having to settle for much less and throwing money on rent down the drain.
I do agree that those will be good things, only I lament that I’ve been caught in the middle – they should’ve had those measures in place YEARS ago (or rather, maintain them).
February 24, 2011 at 9:57 AM in reply to: Rates rising and tougher qualifying on the horizon? #670580ParticipantI wonder how long is going totake to make those changes happening, and how much longer will take for prices to respond – i.e. go down significantly?
February 24, 2011 at 9:57 AM in reply to: Rates rising and tougher qualifying on the horizon? #670641ParticipantI wonder how long is going totake to make those changes happening, and how much longer will take for prices to respond – i.e. go down significantly?
February 24, 2011 at 9:57 AM in reply to: Rates rising and tougher qualifying on the horizon? #671249ParticipantI wonder how long is going totake to make those changes happening, and how much longer will take for prices to respond – i.e. go down significantly?
February 24, 2011 at 9:57 AM in reply to: Rates rising and tougher qualifying on the horizon? #671390ParticipantI wonder how long is going totake to make those changes happening, and how much longer will take for prices to respond – i.e. go down significantly?
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