[sdcellar]

[quote=sdrealtor]There are plenty of people with money out there. Far more than not I beleive.[/quote]Countywide? Countrywide? I’m not so sure about that. Sure plenty of people with money, but they can’t do it alone.

[quote=sdrealtor]The psychology is such that they are not spending. This would stimulate every sector of the economy.[/quote]As with all things, there are different folks at different strata. Those who truly have money are still spending it (I think). Each step down is probably tighter and there are many who probabably can’t/won’t play in the re-fi party.

[quote=sdrealtor]Putting discretionary income income the hands of the financial disciplined masses would do alot to help fix our imbalance over time.[/quote]I’m not completely sure this is going to address the psychology issue. You said there are plenty of people with money (and likely at very low risk), what’s stopping them right now?

One answer might be job uncertainty. Well, if it’s that, an extra few-hundo a month ain’t gonna give anybody the warm fuzzies.

All my pushback aside, it’s pretty undeniable that lower interest rates will help. It’s the extent that’s in question and, of course, we can only go so far with it.

Consumption seems to have caught up with us and the world is paying the price right now, I’m just not sure where the tab ends. (sheesh, that sounds a lot more doom and gloom than I mean to be or even am–guess it’s just the relative unchartedness of all of this)

[sdcellar]

As a borrower, I don’t care if they’re a solid outfit (meaning I don’t care if they go out of business a few months after my loan is neatly squared away). Folks like aimloan (I’m pretty sure) just repackage loans and sell them to somebody else shortly after close anyway.

By solid, I simply meant do they deliver on what they advertise? I briefly mentioned that aimloan looked a little shifty when I did only the simplest google on them. What I found was that on multiple message boards where people would be badmouthing aimloan, a Mr. Jim Rice would chime in with “they’re great, I’ve done 4 re-fis with them since 1998” Wow! What an enthusiastic customer!

Anyhoo, that led me to believe they might engage in shady practices. That said, am I surprised that message boards have post saying this lender or that lender sucks? No. That a lender might have a shill? No. Would I give them a chance at doing a loan for me? You bet! I just wouldn’t let them waste a lot of my time even though I would have to research in more detail what their true reputation for 11th hour term changes is.

Banks are in shambles, but I’d still take their money (well, if I needed it, that is, still havent’ found that right house at the right price).

Don’t worry about flaming me! I wouldn’t dish it out if I couldn’t take it. Pathetically, I see too much sport in it… now, where is that pesky sdrealtor? I love battling that guy (even though he’s unusually good at swaying my opinion).

[sdcellar]

As a borrower, I don’t care if they’re a solid outfit (meaning I don’t care if they go out of business a few months after my loan is neatly squared away). Folks like aimloan (I’m pretty sure) just repackage loans and sell them to somebody else shortly after close anyway.

By solid, I simply meant do they deliver on what they advertise? I briefly mentioned that aimloan looked a little shifty when I did only the simplest google on them. What I found was that on multiple message boards where people would be badmouthing aimloan, a Mr. Jim Rice would chime in with “they’re great, I’ve done 4 re-fis with them since 1998” Wow! What an enthusiastic customer!

Anyhoo, that led me to believe they might engage in shady practices. That said, am I surprised that message boards have post saying this lender or that lender sucks? No. That a lender might have a shill? No. Would I give them a chance at doing a loan for me? You bet! I just wouldn’t let them waste a lot of my time even though I would have to research in more detail what their true reputation for 11th hour term changes is.

Banks are in shambles, but I’d still take their money (well, if I needed it, that is, still havent’ found that right house at the right price).

Don’t worry about flaming me! I wouldn’t dish it out if I couldn’t take it. Pathetically, I see too much sport in it… now, where is that pesky sdrealtor? I love battling that guy (even though he’s unusually good at swaying my opinion).

[sdcellar]

As a borrower, I don’t care if they’re a solid outfit (meaning I don’t care if they go out of business a few months after my loan is neatly squared away). Folks like aimloan (I’m pretty sure) just repackage loans and sell them to somebody else shortly after close anyway.

By solid, I simply meant do they deliver on what they advertise? I briefly mentioned that aimloan looked a little shifty when I did only the simplest google on them. What I found was that on multiple message boards where people would be badmouthing aimloan, a Mr. Jim Rice would chime in with “they’re great, I’ve done 4 re-fis with them since 1998” Wow! What an enthusiastic customer!

Anyhoo, that led me to believe they might engage in shady practices. That said, am I surprised that message boards have post saying this lender or that lender sucks? No. That a lender might have a shill? No. Would I give them a chance at doing a loan for me? You bet! I just wouldn’t let them waste a lot of my time even though I would have to research in more detail what their true reputation for 11th hour term changes is.

Banks are in shambles, but I’d still take their money (well, if I needed it, that is, still havent’ found that right house at the right price).

Don’t worry about flaming me! I wouldn’t dish it out if I couldn’t take it. Pathetically, I see too much sport in it… now, where is that pesky sdrealtor? I love battling that guy (even though he’s unusually good at swaying my opinion).

[sdcellar]

As a borrower, I don’t care if they’re a solid outfit (meaning I don’t care if they go out of business a few months after my loan is neatly squared away). Folks like aimloan (I’m pretty sure) just repackage loans and sell them to somebody else shortly after close anyway.

By solid, I simply meant do they deliver on what they advertise? I briefly mentioned that aimloan looked a little shifty when I did only the simplest google on them. What I found was that on multiple message boards where people would be badmouthing aimloan, a Mr. Jim Rice would chime in with “they’re great, I’ve done 4 re-fis with them since 1998” Wow! What an enthusiastic customer!

Anyhoo, that led me to believe they might engage in shady practices. That said, am I surprised that message boards have post saying this lender or that lender sucks? No. That a lender might have a shill? No. Would I give them a chance at doing a loan for me? You bet! I just wouldn’t let them waste a lot of my time even though I would have to research in more detail what their true reputation for 11th hour term changes is.

Banks are in shambles, but I’d still take their money (well, if I needed it, that is, still havent’ found that right house at the right price).

Don’t worry about flaming me! I wouldn’t dish it out if I couldn’t take it. Pathetically, I see too much sport in it… now, where is that pesky sdrealtor? I love battling that guy (even though he’s unusually good at swaying my opinion).

[sdcellar]

As a borrower, I don’t care if they’re a solid outfit (meaning I don’t care if they go out of business a few months after my loan is neatly squared away). Folks like aimloan (I’m pretty sure) just repackage loans and sell them to somebody else shortly after close anyway.

By solid, I simply meant do they deliver on what they advertise? I briefly mentioned that aimloan looked a little shifty when I did only the simplest google on them. What I found was that on multiple message boards where people would be badmouthing aimloan, a Mr. Jim Rice would chime in with “they’re great, I’ve done 4 re-fis with them since 1998” Wow! What an enthusiastic customer!

Anyhoo, that led me to believe they might engage in shady practices. That said, am I surprised that message boards have post saying this lender or that lender sucks? No. That a lender might have a shill? No. Would I give them a chance at doing a loan for me? You bet! I just wouldn’t let them waste a lot of my time even though I would have to research in more detail what their true reputation for 11th hour term changes is.

Banks are in shambles, but I’d still take their money (well, if I needed it, that is, still havent’ found that right house at the right price).

Don’t worry about flaming me! I wouldn’t dish it out if I couldn’t take it. Pathetically, I see too much sport in it… now, where is that pesky sdrealtor? I love battling that guy (even though he’s unusually good at swaying my opinion).

[sdcellar]

[quote=AN]Insinuating that it’s over priced, give me an impression that you’re trying to say this place can be rented for $1300.[/quote]

Fair enough. I had tried to make it clear that I wasn’t trying to scrutinize the specific example in this thread, but I can see how one could easily take what I said to where you did. Sorry on that.

I’ll have to look at your example more closely to answer your question regarding the numbers, but regarding your second question, my advice would be different, but notice that was also my first question to this person. If the answer had been yes, then I’d say it could work especially at the lower end price ranges (but I’d need the full details, blah, blah, blah to give you the best advice).

Also, flame mode off (even though we had a good battle going, which I admittedly started).

[sdcellar]

[quote=AN]Insinuating that it’s over priced, give me an impression that you’re trying to say this place can be rented for $1300.[/quote]

Fair enough. I had tried to make it clear that I wasn’t trying to scrutinize the specific example in this thread, but I can see how one could easily take what I said to where you did. Sorry on that.

I’ll have to look at your example more closely to answer your question regarding the numbers, but regarding your second question, my advice would be different, but notice that was also my first question to this person. If the answer had been yes, then I’d say it could work especially at the lower end price ranges (but I’d need the full details, blah, blah, blah to give you the best advice).

Also, flame mode off (even though we had a good battle going, which I admittedly started).

[sdcellar]

[quote=AN]Insinuating that it’s over priced, give me an impression that you’re trying to say this place can be rented for $1300.[/quote]

Fair enough. I had tried to make it clear that I wasn’t trying to scrutinize the specific example in this thread, but I can see how one could easily take what I said to where you did. Sorry on that.

I’ll have to look at your example more closely to answer your question regarding the numbers, but regarding your second question, my advice would be different, but notice that was also my first question to this person. If the answer had been yes, then I’d say it could work especially at the lower end price ranges (but I’d need the full details, blah, blah, blah to give you the best advice).

Also, flame mode off (even though we had a good battle going, which I admittedly started).

[sdcellar]

[quote=AN]Insinuating that it’s over priced, give me an impression that you’re trying to say this place can be rented for $1300.[/quote]

Fair enough. I had tried to make it clear that I wasn’t trying to scrutinize the specific example in this thread, but I can see how one could easily take what I said to where you did. Sorry on that.

I’ll have to look at your example more closely to answer your question regarding the numbers, but regarding your second question, my advice would be different, but notice that was also my first question to this person. If the answer had been yes, then I’d say it could work especially at the lower end price ranges (but I’d need the full details, blah, blah, blah to give you the best advice).

Also, flame mode off (even though we had a good battle going, which I admittedly started).

[sdcellar]

[quote=AN]Insinuating that it’s over priced, give me an impression that you’re trying to say this place can be rented for $1300.[/quote]

Fair enough. I had tried to make it clear that I wasn’t trying to scrutinize the specific example in this thread, but I can see how one could easily take what I said to where you did. Sorry on that.

I’ll have to look at your example more closely to answer your question regarding the numbers, but regarding your second question, my advice would be different, but notice that was also my first question to this person. If the answer had been yes, then I’d say it could work especially at the lower end price ranges (but I’d need the full details, blah, blah, blah to give you the best advice).

Also, flame mode off (even though we had a good battle going, which I admittedly started).

[sdcellar]

oh, and to answer your other question, no, I don’t think BofA is a solid outfit, but I do believe that if davelj said he got a 4.25% loan (4.6% APR) from them, then he did.

That said, what I meant by solid is do you have experience with aimloan? Do you know that they routinely deliver on the rates they advertise?

Or was it the best rate you could find at the time on the always factual and consistently reputable interweb?

The data, sir, that I prefer to run with is what I put forth. Something like freddiemac’s averages for the last week. These seem at least representative of what one should conservatively use for penciling things out.

Could I, personally, get a better rate? I’m almost certain of it. Could you, probably. Others reading your “this isn’t advice,” maybe not.

Do me favor and don’t misguidedly throw the professor’s sage advice at me again.

[sdcellar]

oh, and to answer your other question, no, I don’t think BofA is a solid outfit, but I do believe that if davelj said he got a 4.25% loan (4.6% APR) from them, then he did.

That said, what I meant by solid is do you have experience with aimloan? Do you know that they routinely deliver on the rates they advertise?

Or was it the best rate you could find at the time on the always factual and consistently reputable interweb?

The data, sir, that I prefer to run with is what I put forth. Something like freddiemac’s averages for the last week. These seem at least representative of what one should conservatively use for penciling things out.

Could I, personally, get a better rate? I’m almost certain of it. Could you, probably. Others reading your “this isn’t advice,” maybe not.

Do me favor and don’t misguidedly throw the professor’s sage advice at me again.

[sdcellar]

oh, and to answer your other question, no, I don’t think BofA is a solid outfit, but I do believe that if davelj said he got a 4.25% loan (4.6% APR) from them, then he did.

That said, what I meant by solid is do you have experience with aimloan? Do you know that they routinely deliver on the rates they advertise?

Or was it the best rate you could find at the time on the always factual and consistently reputable interweb?

The data, sir, that I prefer to run with is what I put forth. Something like freddiemac’s averages for the last week. These seem at least representative of what one should conservatively use for penciling things out.

Could I, personally, get a better rate? I’m almost certain of it. Could you, probably. Others reading your “this isn’t advice,” maybe not.

Do me favor and don’t misguidedly throw the professor’s sage advice at me again.

[sdcellar]

oh, and to answer your other question, no, I don’t think BofA is a solid outfit, but I do believe that if davelj said he got a 4.25% loan (4.6% APR) from them, then he did.

That said, what I meant by solid is do you have experience with aimloan? Do you know that they routinely deliver on the rates they advertise?

Or was it the best rate you could find at the time on the always factual and consistently reputable interweb?

The data, sir, that I prefer to run with is what I put forth. Something like freddiemac’s averages for the last week. These seem at least representative of what one should conservatively use for penciling things out.

Could I, personally, get a better rate? I’m almost certain of it. Could you, probably. Others reading your “this isn’t advice,” maybe not.

Do me favor and don’t misguidedly throw the professor’s sage advice at me again.

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