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SD Realtor
ParticipantThe thing that concerns me about Del Sur, at least the newer communities there are the MR fees. Not cheap at all. It is just harder for me to reconcile that overhead to be honest. FLU I would advise your relative to try to get into either some of the short sales or get a new place because the standard resellers dont get it. The problem is that the builders have squeezed the releases into such small numbers that they have done a great job
creating demand out of nothing.ParticipantThe thing that concerns me about Del Sur, at least the newer communities there are the MR fees. Not cheap at all. It is just harder for me to reconcile that overhead to be honest. FLU I would advise your relative to try to get into either some of the short sales or get a new place because the standard resellers dont get it. The problem is that the builders have squeezed the releases into such small numbers that they have done a great job
creating demand out of nothing.ParticipantThe thing that concerns me about Del Sur, at least the newer communities there are the MR fees. Not cheap at all. It is just harder for me to reconcile that overhead to be honest. FLU I would advise your relative to try to get into either some of the short sales or get a new place because the standard resellers dont get it. The problem is that the builders have squeezed the releases into such small numbers that they have done a great job
creating demand out of nothing.Participantjeeman typically hard money lenders will lend on about 60% of the “value” of the home. Thus it is not out of the question that you could indeed get a loan from a hard money lender, purchase the home at auction and refinance it with a conventional mortgage and pay off the hard money loan.
Note I am not recommending you do that, because everyone conveniently oversteps the risks with purchasing a home at trustee sale. However if you do it right, you can save a hell of alot of money.
Participantjeeman typically hard money lenders will lend on about 60% of the “value” of the home. Thus it is not out of the question that you could indeed get a loan from a hard money lender, purchase the home at auction and refinance it with a conventional mortgage and pay off the hard money loan.
Note I am not recommending you do that, because everyone conveniently oversteps the risks with purchasing a home at trustee sale. However if you do it right, you can save a hell of alot of money.
Participantjeeman typically hard money lenders will lend on about 60% of the “value” of the home. Thus it is not out of the question that you could indeed get a loan from a hard money lender, purchase the home at auction and refinance it with a conventional mortgage and pay off the hard money loan.
Note I am not recommending you do that, because everyone conveniently oversteps the risks with purchasing a home at trustee sale. However if you do it right, you can save a hell of alot of money.
Participantjeeman typically hard money lenders will lend on about 60% of the “value” of the home. Thus it is not out of the question that you could indeed get a loan from a hard money lender, purchase the home at auction and refinance it with a conventional mortgage and pay off the hard money loan.
Note I am not recommending you do that, because everyone conveniently oversteps the risks with purchasing a home at trustee sale. However if you do it right, you can save a hell of alot of money.
Participantjeeman typically hard money lenders will lend on about 60% of the “value” of the home. Thus it is not out of the question that you could indeed get a loan from a hard money lender, purchase the home at auction and refinance it with a conventional mortgage and pay off the hard money loan.
Note I am not recommending you do that, because everyone conveniently oversteps the risks with purchasing a home at trustee sale. However if you do it right, you can save a hell of alot of money.
ParticipantSocratt I posted about this bill a few months ago when I was talking about the power grab. (Power meaning energy)… Big Nancy has here hands all over this one…
It is really scary what is going on… What is scariest to me is that these pieces of legislation are not to easy to “undo” once they are put through no matter who is in office.
I was also thinking that this sort of stuff is much easier to sneak through in a low interest rate environment. Just think how much of a bottleneck this will be when rates are sky high. This pretty much puts the government in the catbirds seat to dictate any sort of financing unless privateers want to cut through the beauracracy.
What is scariest to me is that we are not even 7 months in yet and when guys like Al Franken become a senator to give a supermajority …. well….the fun has just begun.
ParticipantSocratt I posted about this bill a few months ago when I was talking about the power grab. (Power meaning energy)… Big Nancy has here hands all over this one…
It is really scary what is going on… What is scariest to me is that these pieces of legislation are not to easy to “undo” once they are put through no matter who is in office.
I was also thinking that this sort of stuff is much easier to sneak through in a low interest rate environment. Just think how much of a bottleneck this will be when rates are sky high. This pretty much puts the government in the catbirds seat to dictate any sort of financing unless privateers want to cut through the beauracracy.
What is scariest to me is that we are not even 7 months in yet and when guys like Al Franken become a senator to give a supermajority …. well….the fun has just begun.
ParticipantSocratt I posted about this bill a few months ago when I was talking about the power grab. (Power meaning energy)… Big Nancy has here hands all over this one…
It is really scary what is going on… What is scariest to me is that these pieces of legislation are not to easy to “undo” once they are put through no matter who is in office.
I was also thinking that this sort of stuff is much easier to sneak through in a low interest rate environment. Just think how much of a bottleneck this will be when rates are sky high. This pretty much puts the government in the catbirds seat to dictate any sort of financing unless privateers want to cut through the beauracracy.
What is scariest to me is that we are not even 7 months in yet and when guys like Al Franken become a senator to give a supermajority …. well….the fun has just begun.
ParticipantSocratt I posted about this bill a few months ago when I was talking about the power grab. (Power meaning energy)… Big Nancy has here hands all over this one…
It is really scary what is going on… What is scariest to me is that these pieces of legislation are not to easy to “undo” once they are put through no matter who is in office.
I was also thinking that this sort of stuff is much easier to sneak through in a low interest rate environment. Just think how much of a bottleneck this will be when rates are sky high. This pretty much puts the government in the catbirds seat to dictate any sort of financing unless privateers want to cut through the beauracracy.
What is scariest to me is that we are not even 7 months in yet and when guys like Al Franken become a senator to give a supermajority …. well….the fun has just begun.
ParticipantSocratt I posted about this bill a few months ago when I was talking about the power grab. (Power meaning energy)… Big Nancy has here hands all over this one…
It is really scary what is going on… What is scariest to me is that these pieces of legislation are not to easy to “undo” once they are put through no matter who is in office.
I was also thinking that this sort of stuff is much easier to sneak through in a low interest rate environment. Just think how much of a bottleneck this will be when rates are sky high. This pretty much puts the government in the catbirds seat to dictate any sort of financing unless privateers want to cut through the beauracracy.
What is scariest to me is that we are not even 7 months in yet and when guys like Al Franken become a senator to give a supermajority …. well….the fun has just begun.
ParticipantYeah I have seen this bill…
Scary as can be… That is okay though because the government knows better then we do. They are much more efficient and streamlined.
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