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Tavo
Participantmarion,
Looking for constructing advice NOT related to a default.
Sd Nerd
“What are the purchase prices?”
350k for the condo and $550k for the home (3 bed 3 bath 1,650 sq ft Craftsman with a 6,500 sq ft lot in Morley Field)“If you re-financed the condo, it’s almost surely recourse now. Have you re-financed the house and/or do you enjoy living in the house?”
Yes, love living in Morley Field and have a 7 yr Option-Arm at 6%. I plan on being here for a long time (maybe my last home). Reason I got the Option-Arm was if I got in real cash flow pinch (lost job etc.), I have the option to pay the I-O. I need the flexibility just in case but am making the P&I. I have not “re-fied”Participantmarion,
Looking for constructing advice NOT related to a default.
Sd Nerd
“What are the purchase prices?”
350k for the condo and $550k for the home (3 bed 3 bath 1,650 sq ft Craftsman with a 6,500 sq ft lot in Morley Field)“If you re-financed the condo, it’s almost surely recourse now. Have you re-financed the house and/or do you enjoy living in the house?”
Yes, love living in Morley Field and have a 7 yr Option-Arm at 6%. I plan on being here for a long time (maybe my last home). Reason I got the Option-Arm was if I got in real cash flow pinch (lost job etc.), I have the option to pay the I-O. I need the flexibility just in case but am making the P&I. I have not “re-fied”Participantmarion,
Looking for constructing advice NOT related to a default.
Sd Nerd
“What are the purchase prices?”
350k for the condo and $550k for the home (3 bed 3 bath 1,650 sq ft Craftsman with a 6,500 sq ft lot in Morley Field)“If you re-financed the condo, it’s almost surely recourse now. Have you re-financed the house and/or do you enjoy living in the house?”
Yes, love living in Morley Field and have a 7 yr Option-Arm at 6%. I plan on being here for a long time (maybe my last home). Reason I got the Option-Arm was if I got in real cash flow pinch (lost job etc.), I have the option to pay the I-O. I need the flexibility just in case but am making the P&I. I have not “re-fied”Participantmarion,
Looking for constructing advice NOT related to a default.
Sd Nerd
“What are the purchase prices?”
350k for the condo and $550k for the home (3 bed 3 bath 1,650 sq ft Craftsman with a 6,500 sq ft lot in Morley Field)“If you re-financed the condo, it’s almost surely recourse now. Have you re-financed the house and/or do you enjoy living in the house?”
Yes, love living in Morley Field and have a 7 yr Option-Arm at 6%. I plan on being here for a long time (maybe my last home). Reason I got the Option-Arm was if I got in real cash flow pinch (lost job etc.), I have the option to pay the I-O. I need the flexibility just in case but am making the P&I. I have not “re-fied”ParticipantThank you! These are the type of comments I’m looking for.
ParticipantThank you! These are the type of comments I’m looking for.
ParticipantThank you! These are the type of comments I’m looking for.
ParticipantThank you! These are the type of comments I’m looking for.
ParticipantThank you! These are the type of comments I’m looking for.
ParticipantCredit get screwed if you default on a loan (recourse or not). Like I said, I can afford the payment and don’t want my credit to get screwed. So, no, I’m not considering that option at this point. Seriously, you are reading into my last statement way too much.
ParticipantCredit get screwed if you default on a loan (recourse or not). Like I said, I can afford the payment and don’t want my credit to get screwed. So, no, I’m not considering that option at this point. Seriously, you are reading into my last statement way too much.
ParticipantCredit get screwed if you default on a loan (recourse or not). Like I said, I can afford the payment and don’t want my credit to get screwed. So, no, I’m not considering that option at this point. Seriously, you are reading into my last statement way too much.
ParticipantCredit get screwed if you default on a loan (recourse or not). Like I said, I can afford the payment and don’t want my credit to get screwed. So, no, I’m not considering that option at this point. Seriously, you are reading into my last statement way too much.
ParticipantCredit get screwed if you default on a loan (recourse or not). Like I said, I can afford the payment and don’t want my credit to get screwed. So, no, I’m not considering that option at this point. Seriously, you are reading into my last statement way too much.
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