[smshorttimer]

You guys make perfect sense. We bought and sold two homes from 2001 to 2006, but it’s a different era now, obviously.

We plan to stay for the full seven years. We have kids and are moving to an area with two 900-API schools — Discovery Elem. and San Elijo Middle School. (Yipee!)

If we sell solely because of a nasty rate reset, the transaction costs quickly eat away at the interest savings/bit lower principal balance, which appear fairly sizable on paper. The interest difference between the fixed and the hybrid ARM is $100 a month.

[smshorttimer]

You guys make perfect sense. We bought and sold two homes from 2001 to 2006, but it’s a different era now, obviously.

We plan to stay for the full seven years. We have kids and are moving to an area with two 900-API schools — Discovery Elem. and San Elijo Middle School. (Yipee!)

If we sell solely because of a nasty rate reset, the transaction costs quickly eat away at the interest savings/bit lower principal balance, which appear fairly sizable on paper. The interest difference between the fixed and the hybrid ARM is $100 a month.

[smshorttimer]

You guys make perfect sense. We bought and sold two homes from 2001 to 2006, but it’s a different era now, obviously.

We plan to stay for the full seven years. We have kids and are moving to an area with two 900-API schools — Discovery Elem. and San Elijo Middle School. (Yipee!)

If we sell solely because of a nasty rate reset, the transaction costs quickly eat away at the interest savings/bit lower principal balance, which appear fairly sizable on paper. The interest difference between the fixed and the hybrid ARM is $100 a month.

[smshorttimer]

You guys make perfect sense. We bought and sold two homes from 2001 to 2006, but it’s a different era now, obviously.

We plan to stay for the full seven years. We have kids and are moving to an area with two 900-API schools — Discovery Elem. and San Elijo Middle School. (Yipee!)

If we sell solely because of a nasty rate reset, the transaction costs quickly eat away at the interest savings/bit lower principal balance, which appear fairly sizable on paper. The interest difference between the fixed and the hybrid ARM is $100 a month.

[smshorttimer]

You guys make perfect sense. We bought and sold two homes from 2001 to 2006, but it’s a different era now, obviously.

We plan to stay for the full seven years. We have kids and are moving to an area with two 900-API schools — Discovery Elem. and San Elijo Middle School. (Yipee!)

If we sell solely because of a nasty rate reset, the transaction costs quickly eat away at the interest savings/bit lower principal balance, which appear fairly sizable on paper. The interest difference between the fixed and the hybrid ARM is $100 a month.

[smshorttimer]

[quote=scaredycat]the appreciation is a gain for FHA or 20%. in order to meaningfully compare the 20% v FHA, have to take out gain/flat from the equation.[/quote]

I admit that I’m not skilled in intelligently absorbing all of these calculations, but are you taking into the account the much-improved monthly cashflow of 20 percent down conv. vs. FHA? You could sock away the difference or use it to increase your incredibly skillful PM plays. I guess it boils down to the “walk” factor making that a moot point?

[smshorttimer]

[quote=scaredycat]the appreciation is a gain for FHA or 20%. in order to meaningfully compare the 20% v FHA, have to take out gain/flat from the equation.[/quote]

I admit that I’m not skilled in intelligently absorbing all of these calculations, but are you taking into the account the much-improved monthly cashflow of 20 percent down conv. vs. FHA? You could sock away the difference or use it to increase your incredibly skillful PM plays. I guess it boils down to the “walk” factor making that a moot point?

[smshorttimer]

[quote=scaredycat]the appreciation is a gain for FHA or 20%. in order to meaningfully compare the 20% v FHA, have to take out gain/flat from the equation.[/quote]

I admit that I’m not skilled in intelligently absorbing all of these calculations, but are you taking into the account the much-improved monthly cashflow of 20 percent down conv. vs. FHA? You could sock away the difference or use it to increase your incredibly skillful PM plays. I guess it boils down to the “walk” factor making that a moot point?

[smshorttimer]

[quote=scaredycat]the appreciation is a gain for FHA or 20%. in order to meaningfully compare the 20% v FHA, have to take out gain/flat from the equation.[/quote]

I admit that I’m not skilled in intelligently absorbing all of these calculations, but are you taking into the account the much-improved monthly cashflow of 20 percent down conv. vs. FHA? You could sock away the difference or use it to increase your incredibly skillful PM plays. I guess it boils down to the “walk” factor making that a moot point?

[smshorttimer]

[quote=scaredycat]the appreciation is a gain for FHA or 20%. in order to meaningfully compare the 20% v FHA, have to take out gain/flat from the equation.[/quote]

I admit that I’m not skilled in intelligently absorbing all of these calculations, but are you taking into the account the much-improved monthly cashflow of 20 percent down conv. vs. FHA? You could sock away the difference or use it to increase your incredibly skillful PM plays. I guess it boils down to the “walk” factor making that a moot point?

[smshorttimer]

We are in escrow with a target closing date of before Christmas. Inspection coming up soon, papers being signed. Racking my brain about 30-year-fixed vs. a 7-year ARM, which I touched on in another thread.

At least it’s fun to think about colors. It’s been a while.

[smshorttimer]

We are in escrow with a target closing date of before Christmas. Inspection coming up soon, papers being signed. Racking my brain about 30-year-fixed vs. a 7-year ARM, which I touched on in another thread.

At least it’s fun to think about colors. It’s been a while.

[smshorttimer]

We are in escrow with a target closing date of before Christmas. Inspection coming up soon, papers being signed. Racking my brain about 30-year-fixed vs. a 7-year ARM, which I touched on in another thread.

At least it’s fun to think about colors. It’s been a while.

[smshorttimer]

We are in escrow with a target closing date of before Christmas. Inspection coming up soon, papers being signed. Racking my brain about 30-year-fixed vs. a 7-year ARM, which I touched on in another thread.

At least it’s fun to think about colors. It’s been a while.

[smshorttimer]

We are in escrow with a target closing date of before Christmas. Inspection coming up soon, papers being signed. Racking my brain about 30-year-fixed vs. a 7-year ARM, which I touched on in another thread.

At least it’s fun to think about colors. It’s been a while.

[Author]

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