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sdrealtor
ParticipantNo problem and I didnt mean to be rough on you. Had a rough weekend. I’m sure to are more than a little frustrated at this mess we call a housing market out here. I hope things get better for you and for anyone else pursuing their home ownership dreams without a desire to board a train to financial ruins.
This really is a wonderful website.
ParticipantNo problem and I didnt mean to be rough on you. Had a rough weekend. I’m sure to are more than a little frustrated at this mess we call a housing market out here. I hope things get better for you and for anyone else pursuing their home ownership dreams without a desire to board a train to financial ruins.
This really is a wonderful website.
ParticipantNice to see you all bandying about some of the issues we all deal with on a regular basis. Hope lots are reading this thread to see that it not as simple as the 3 P’s. (put a sign in the ground, put it in the mls and pray).
ParticipantNice to see you all bandying about some of the issues we all deal with on a regular basis. Hope lots are reading this thread to see that it not as simple as the 3 P’s. (put a sign in the ground, put it in the mls and pray).
ParticipantWe didnt invent anymore than the term Kleenex. Its part of the lexicon of life. Get over it.
ParticipantWe didnt invent anymore than the term Kleenex. Its part of the lexicon of life. Get over it.
ParticipantDitto except I own and will never sell my house……NEVER
ParticipantDitto except I own and will never sell my house……NEVER
ParticipantSorry for the absence but the family has been giving me grief about working too much and spending too much time online. I promised them to cut way back and will do my best to do my part updating the threads I started.
I dont know Chris Lin and suspect SD R is on target. i doubt the property ever sold on the open market. Perhaps they are trying to sneak by a lower tax assessment. Maybe she got married to Mr Clark but its not really worth delving into.
market value of this home today is likely between 875K and 925k.
ParticipantSorry for the absence but the family has been giving me grief about working too much and spending too much time online. I promised them to cut way back and will do my best to do my part updating the threads I started.
I dont know Chris Lin and suspect SD R is on target. i doubt the property ever sold on the open market. Perhaps they are trying to sneak by a lower tax assessment. Maybe she got married to Mr Clark but its not really worth delving into.
market value of this home today is likely between 875K and 925k.
Participantsdc
here’s an exapmle. Homeowner has 150K equity line with 100K balance. Homeowner refis into new eequity line product where the 100K is at a fixed rate and the unused 50K is still available at prime +/- whatever they qualify for.Basically it allows someone with a heloc to have a fixed rate on the portion they have drawn while still preserving the right to draw the rest. I’m sure there are other uses but this is the obvious one to me.
Participantsdc
here’s an exapmle. Homeowner has 150K equity line with 100K balance. Homeowner refis into new eequity line product where the 100K is at a fixed rate and the unused 50K is still available at prime +/- whatever they qualify for.Basically it allows someone with a heloc to have a fixed rate on the portion they have drawn while still preserving the right to draw the rest. I’m sure there are other uses but this is the obvious one to me.
ParticipantBalasr,
I’m not surprised someone else picked up on that. I was thinking the later.sdr
ParticipantBalasr,
I’m not surprised someone else picked up on that. I was thinking the later.sdr
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