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SD Realtor
ParticipantYes it was purchased by a flipper oc. Look for it on the market in the future.
SD Realtor
ParticipantYes it was purchased by a flipper oc. Look for it on the market in the future.
SD Realtor
ParticipantYes it was purchased by a flipper oc. Look for it on the market in the future.
SD Realtor
ParticipantAs I said Brian, not all banks are as insolvent as you make them out to be nor are all the credit unions. The FDIC also insures deposits. The FDIC has the power to shut down banks but if you look at what happens to the problem banks, the insurable assets are insured and the assets are then taken over by other banks.
You yourself just implied that America is preserving the very bank management that got us into the problem in the first place. You seem to be convinced that this is and was the only possible solution.
I am not.
SD Realtor
ParticipantAs I said Brian, not all banks are as insolvent as you make them out to be nor are all the credit unions. The FDIC also insures deposits. The FDIC has the power to shut down banks but if you look at what happens to the problem banks, the insurable assets are insured and the assets are then taken over by other banks.
You yourself just implied that America is preserving the very bank management that got us into the problem in the first place. You seem to be convinced that this is and was the only possible solution.
I am not.
SD Realtor
ParticipantAs I said Brian, not all banks are as insolvent as you make them out to be nor are all the credit unions. The FDIC also insures deposits. The FDIC has the power to shut down banks but if you look at what happens to the problem banks, the insurable assets are insured and the assets are then taken over by other banks.
You yourself just implied that America is preserving the very bank management that got us into the problem in the first place. You seem to be convinced that this is and was the only possible solution.
I am not.
SD Realtor
ParticipantAs I said Brian, not all banks are as insolvent as you make them out to be nor are all the credit unions. The FDIC also insures deposits. The FDIC has the power to shut down banks but if you look at what happens to the problem banks, the insurable assets are insured and the assets are then taken over by other banks.
You yourself just implied that America is preserving the very bank management that got us into the problem in the first place. You seem to be convinced that this is and was the only possible solution.
I am not.
SD Realtor
ParticipantAs I said Brian, not all banks are as insolvent as you make them out to be nor are all the credit unions. The FDIC also insures deposits. The FDIC has the power to shut down banks but if you look at what happens to the problem banks, the insurable assets are insured and the assets are then taken over by other banks.
You yourself just implied that America is preserving the very bank management that got us into the problem in the first place. You seem to be convinced that this is and was the only possible solution.
I am not.
SD Realtor
ParticipantThey do not have any effect on price in my opinion. Demand for new housing verses aversion to Mello Roos is a hard item to quantify. Someone like myself hates them and will sacrifice living in a home built in the last 10 years. However most young couples who are making decent money seem to have no problem plunking down quite hefty MR regardless of whether we are talking 4S, LCV, Stonebridge or CV.
SD Realtor
ParticipantThey do not have any effect on price in my opinion. Demand for new housing verses aversion to Mello Roos is a hard item to quantify. Someone like myself hates them and will sacrifice living in a home built in the last 10 years. However most young couples who are making decent money seem to have no problem plunking down quite hefty MR regardless of whether we are talking 4S, LCV, Stonebridge or CV.
SD Realtor
ParticipantThey do not have any effect on price in my opinion. Demand for new housing verses aversion to Mello Roos is a hard item to quantify. Someone like myself hates them and will sacrifice living in a home built in the last 10 years. However most young couples who are making decent money seem to have no problem plunking down quite hefty MR regardless of whether we are talking 4S, LCV, Stonebridge or CV.
SD Realtor
ParticipantThey do not have any effect on price in my opinion. Demand for new housing verses aversion to Mello Roos is a hard item to quantify. Someone like myself hates them and will sacrifice living in a home built in the last 10 years. However most young couples who are making decent money seem to have no problem plunking down quite hefty MR regardless of whether we are talking 4S, LCV, Stonebridge or CV.
SD Realtor
ParticipantThey do not have any effect on price in my opinion. Demand for new housing verses aversion to Mello Roos is a hard item to quantify. Someone like myself hates them and will sacrifice living in a home built in the last 10 years. However most young couples who are making decent money seem to have no problem plunking down quite hefty MR regardless of whether we are talking 4S, LCV, Stonebridge or CV.
January 25, 2010 at 8:13 AM in reply to: 1st time buyer question: how does buying investment property 1st affect my mortage options? #505331SD Realtor
ParticipantLike everything else in life, individual risk tolerance varies greatly. I would urge all individuals to simply understand what they do or do not have. Quite simply most people vastly overestimate the coverage of any and all policies, however those with condos are at the high end of the bell curve. I find with my rentals that cash flow is secondary to risk tolerance. However that is just me.
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