[vizcaya]

I am doing a REFI right now. I am doing it now since I see that the prices(values) are coming down, and rates are low at this time. I was thinking of waiting till rates fell a bit more, but that may not happen.

[vizcaya]

I am doing a REFI right now. I am doing it now since I see that the prices(values) are coming down, and rates are low at this time. I was thinking of waiting till rates fell a bit more, but that may not happen.

[vizcaya]

Everyone has thier own way of predicting the bottom. I think it depends on the house,location, and inventory

My Method of predicting the bottom, is calculated using the following method:

My recent house was built in 1993, and sold for $200k. I assume a 3% increase appreciation per year. As of January 2008 the house should be priced around $290(with no real improvements added). The houses around me are currently being advertised at a average of $400k. The homes that have sold fast(bank owned fixers) have been priced at $350k.

In my neck of the woods, the bottom will be when prices come down to $300-$330. Not sure when that will be though. But thats the target price for me.

[vizcaya]

Everyone has thier own way of predicting the bottom. I think it depends on the house,location, and inventory

My Method of predicting the bottom, is calculated using the following method:

My recent house was built in 1993, and sold for $200k. I assume a 3% increase appreciation per year. As of January 2008 the house should be priced around $290(with no real improvements added). The houses around me are currently being advertised at a average of $400k. The homes that have sold fast(bank owned fixers) have been priced at $350k.

In my neck of the woods, the bottom will be when prices come down to $300-$330. Not sure when that will be though. But thats the target price for me.

[vizcaya]

Everyone has thier own way of predicting the bottom. I think it depends on the house,location, and inventory

My Method of predicting the bottom, is calculated using the following method:

My recent house was built in 1993, and sold for $200k. I assume a 3% increase appreciation per year. As of January 2008 the house should be priced around $290(with no real improvements added). The houses around me are currently being advertised at a average of $400k. The homes that have sold fast(bank owned fixers) have been priced at $350k.

In my neck of the woods, the bottom will be when prices come down to $300-$330. Not sure when that will be though. But thats the target price for me.

[vizcaya]

Everyone has thier own way of predicting the bottom. I think it depends on the house,location, and inventory

My Method of predicting the bottom, is calculated using the following method:

My recent house was built in 1993, and sold for $200k. I assume a 3% increase appreciation per year. As of January 2008 the house should be priced around $290(with no real improvements added). The houses around me are currently being advertised at a average of $400k. The homes that have sold fast(bank owned fixers) have been priced at $350k.

In my neck of the woods, the bottom will be when prices come down to $300-$330. Not sure when that will be though. But thats the target price for me.

[vizcaya]

Everyone has thier own way of predicting the bottom. I think it depends on the house,location, and inventory

My Method of predicting the bottom, is calculated using the following method:

My recent house was built in 1993, and sold for $200k. I assume a 3% increase appreciation per year. As of January 2008 the house should be priced around $290(with no real improvements added). The houses around me are currently being advertised at a average of $400k. The homes that have sold fast(bank owned fixers) have been priced at $350k.

In my neck of the woods, the bottom will be when prices come down to $300-$330. Not sure when that will be though. But thats the target price for me.

[vizcaya]

Last night I went online and applied for a REFI, I currently have a 6.5 fixed 300k loan. I found that Navy federal credit union has the 30 yr fixed at 5.375, with .625 in points and .750 origination fee. They are offering 1000 cash back after the loan is processed. With the new loan, it would save me about $220 month, over the term of 30yrs thats about 90k. Sounds great,, well it would have been had I chose to lock the rate yesterday, I went ahead and floated the lock and the rate jumped .5% overnight. So now I am going to have to wait until the rate comes down to the original rate I liked. I guess I got greedy, serves me right. Now all I can do is hope. For me anything more than 5.5 is not worth the Refi.

[vizcaya]

Last night I went online and applied for a REFI, I currently have a 6.5 fixed 300k loan. I found that Navy federal credit union has the 30 yr fixed at 5.375, with .625 in points and .750 origination fee. They are offering 1000 cash back after the loan is processed. With the new loan, it would save me about $220 month, over the term of 30yrs thats about 90k. Sounds great,, well it would have been had I chose to lock the rate yesterday, I went ahead and floated the lock and the rate jumped .5% overnight. So now I am going to have to wait until the rate comes down to the original rate I liked. I guess I got greedy, serves me right. Now all I can do is hope. For me anything more than 5.5 is not worth the Refi.

[vizcaya]

Last night I went online and applied for a REFI, I currently have a 6.5 fixed 300k loan. I found that Navy federal credit union has the 30 yr fixed at 5.375, with .625 in points and .750 origination fee. They are offering 1000 cash back after the loan is processed. With the new loan, it would save me about $220 month, over the term of 30yrs thats about 90k. Sounds great,, well it would have been had I chose to lock the rate yesterday, I went ahead and floated the lock and the rate jumped .5% overnight. So now I am going to have to wait until the rate comes down to the original rate I liked. I guess I got greedy, serves me right. Now all I can do is hope. For me anything more than 5.5 is not worth the Refi.

[vizcaya]

Last night I went online and applied for a REFI, I currently have a 6.5 fixed 300k loan. I found that Navy federal credit union has the 30 yr fixed at 5.375, with .625 in points and .750 origination fee. They are offering 1000 cash back after the loan is processed. With the new loan, it would save me about $220 month, over the term of 30yrs thats about 90k. Sounds great,, well it would have been had I chose to lock the rate yesterday, I went ahead and floated the lock and the rate jumped .5% overnight. So now I am going to have to wait until the rate comes down to the original rate I liked. I guess I got greedy, serves me right. Now all I can do is hope. For me anything more than 5.5 is not worth the Refi.

[vizcaya]

Last night I went online and applied for a REFI, I currently have a 6.5 fixed 300k loan. I found that Navy federal credit union has the 30 yr fixed at 5.375, with .625 in points and .750 origination fee. They are offering 1000 cash back after the loan is processed. With the new loan, it would save me about $220 month, over the term of 30yrs thats about 90k. Sounds great,, well it would have been had I chose to lock the rate yesterday, I went ahead and floated the lock and the rate jumped .5% overnight. So now I am going to have to wait until the rate comes down to the original rate I liked. I guess I got greedy, serves me right. Now all I can do is hope. For me anything more than 5.5 is not worth the Refi.

[vizcaya]

I don’t mean to hijack this thread, but I have a home I was tracking for a while, and would like to know if the seller decided to pull the listing, or if it did sell and how much if sold.. Here is the address:

2969 AGATHA LN, Riverside, CA 92507

MLS #: I07080533

Thanks in advance.

[vizcaya]

I don’t mean to hijack this thread, but I have a home I was tracking for a while, and would like to know if the seller decided to pull the listing, or if it did sell and how much if sold.. Here is the address:

2969 AGATHA LN, Riverside, CA 92507

MLS #: I07080533

Thanks in advance.

[vizcaya]

I don’t mean to hijack this thread, but I have a home I was tracking for a while, and would like to know if the seller decided to pull the listing, or if it did sell and how much if sold.. Here is the address:

2969 AGATHA LN, Riverside, CA 92507

MLS #: I07080533

Thanks in advance.

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