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surveyor
Participantresets
I have one property that will have its interest rate re-set in October of this year. If it were to re-set now, the interest rate would be 4.75% to 5.00% (the interest rate is currently at 4.5%). For me, the interest rate is based on the treasury one year rate (thank you mortgage broker!) instead of the LIBOR, which has been a higher rate. Also, because I used to live in this house, the interest rate would always re-set to something lower than what I can re-finance it to. So I’m not particularly hurt by the re-set. Even if interest rates go higher, my interest rate would still be substantially lower than the current rates.
Is anybody else in the same boat? I don’t know how many other people took interest rates like mine, but if the re-set doesn’t hurt as badly as most people on this board have anticipated, there might not be a flood of foreclosures in this next wave. I don’t know though maybe my situation is an anomaly.
Also, my HELOC rates are now below my first mortgage rates for my primary residence. How crazy is that?
Participantresets
I have one property that will have its interest rate re-set in October of this year. If it were to re-set now, the interest rate would be 4.75% to 5.00% (the interest rate is currently at 4.5%). For me, the interest rate is based on the treasury one year rate (thank you mortgage broker!) instead of the LIBOR, which has been a higher rate. Also, because I used to live in this house, the interest rate would always re-set to something lower than what I can re-finance it to. So I’m not particularly hurt by the re-set. Even if interest rates go higher, my interest rate would still be substantially lower than the current rates.
Is anybody else in the same boat? I don’t know how many other people took interest rates like mine, but if the re-set doesn’t hurt as badly as most people on this board have anticipated, there might not be a flood of foreclosures in this next wave. I don’t know though maybe my situation is an anomaly.
Also, my HELOC rates are now below my first mortgage rates for my primary residence. How crazy is that?
Participantprop taxes
I don’t have the exact numbers, but I did notice that my property taxes for my three San Diego properties did go down without me asking for it (2006 property taxes vs. 2007 property taxes). It only lowered the amount by around $300 per property though.
Participantprop taxes
I don’t have the exact numbers, but I did notice that my property taxes for my three San Diego properties did go down without me asking for it (2006 property taxes vs. 2007 property taxes). It only lowered the amount by around $300 per property though.
Participantprop taxes
I don’t have the exact numbers, but I did notice that my property taxes for my three San Diego properties did go down without me asking for it (2006 property taxes vs. 2007 property taxes). It only lowered the amount by around $300 per property though.
Participantprop taxes
I don’t have the exact numbers, but I did notice that my property taxes for my three San Diego properties did go down without me asking for it (2006 property taxes vs. 2007 property taxes). It only lowered the amount by around $300 per property though.
Participantprop taxes
I don’t have the exact numbers, but I did notice that my property taxes for my three San Diego properties did go down without me asking for it (2006 property taxes vs. 2007 property taxes). It only lowered the amount by around $300 per property though.
Participantmore easements
In all easements, the primary beneficiary (the City of Escondido) would have to issue a quitclaim deed in order to vacate the easement. The application process may take a month to three months.
I’m pretty sure the easement is not part of the San Diego Aqueduct. The easement in question is only 10 to 20 feet wide. The Aqueduct’s right of way is more than 50 feet wide.
Participantmore easements
In all easements, the primary beneficiary (the City of Escondido) would have to issue a quitclaim deed in order to vacate the easement. The application process may take a month to three months.
I’m pretty sure the easement is not part of the San Diego Aqueduct. The easement in question is only 10 to 20 feet wide. The Aqueduct’s right of way is more than 50 feet wide.
Participantmore easements
In all easements, the primary beneficiary (the City of Escondido) would have to issue a quitclaim deed in order to vacate the easement. The application process may take a month to three months.
I’m pretty sure the easement is not part of the San Diego Aqueduct. The easement in question is only 10 to 20 feet wide. The Aqueduct’s right of way is more than 50 feet wide.
Participantmore easements
In all easements, the primary beneficiary (the City of Escondido) would have to issue a quitclaim deed in order to vacate the easement. The application process may take a month to three months.
I’m pretty sure the easement is not part of the San Diego Aqueduct. The easement in question is only 10 to 20 feet wide. The Aqueduct’s right of way is more than 50 feet wide.
Participantmore easements
In all easements, the primary beneficiary (the City of Escondido) would have to issue a quitclaim deed in order to vacate the easement. The application process may take a month to three months.
I’m pretty sure the easement is not part of the San Diego Aqueduct. The easement in question is only 10 to 20 feet wide. The Aqueduct’s right of way is more than 50 feet wide.
ParticipantDidn’t we already cover this?
I think we discussed this in a thread awhile back. The gist of the thread, regarding partnerships in real estate was:
“Run away. Run away NOW.”
ParticipantDidn’t we already cover this?
I think we discussed this in a thread awhile back. The gist of the thread, regarding partnerships in real estate was:
“Run away. Run away NOW.”
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