I guess if you have insurance 90-95% can done. FHA has raised their monthly insurance over the past year, and homebuyers I work with dont like the idea of paying an additional 100 to insure their mortgage. 20% down gets rid of PMI
What about the people who bought a home in the last decade who will now be underwater on their mortgage? If they choose to stop paying on their current home to get a cheaper home their credit will be shot, and they will most likely not be able to get a loan on the cheaper home. If they saved up...
China will have to take some of our land, a state or two, in exchange for the US not repaying the loans. We will now not only have China towns but a China state. Then taxes wont need to go to Chinese intrest payments and principle and we can spend it on whatever we would like.
Yes, still way too many houses. When supply hits 6 months then I would say buy. I just hope this plan doesnt keep housing prices high, they need to fall.
If you want to stay in Finance I was always told the CFA is just as valuable as an MBA. Plus once you have passed all 3 tests and are a member of the charter, firms will contact you if they have open jobs. If you can study on your own and take a few 6 hour tests look into it. Iv tried to study...
I heard you need over a score of 650 to be considered. 750 and up is where you will find the best rates. All lenders have their own criteria. I think this will put first time home buyers years and years after they graduate college to even come close to home ownership. Paying off student loans...
Taxes go towards Fire, Police, Schools. Owner pays taxes. Our millage rate here is 16. 100,000 is about 1600 in taxes. I had no idea taxes are different if you are not a resident. I have to check up on that one, for my own knowledge.
There is too much supply still. Prices have to come down. I am in Jacksonville Beach/Ponte Vedra Beach where they are not still building condos and homes. However there are a few developers who either tried to renovate an old apartment complex or build from scratch who cant sell their inventory...
I also say dont feel bad making a low ball offer to a bank. If you know the market and have a price in mind you stick with it. You make your offer and the worst they say is no. If its still on the market in a month make it again. I dont think banks can use homes as collateral to get money, if...
I am a Realtor in FL, there are many condos and houses here on MLS that are bank owned. So the house has already been forclosed on and title has now been transfered to the bank. They are trying to sell it like any other property. There is nothing wrong with most of these places and you do your...
You have to watch what kind of pics you post, your future employers do check to see these sites. If their are too many beer cans in your pics it might come back to haunt you. I just graduated and im over it, its a college thing. Plus every stalker and perv in the world uses it.