Gov't Stimulus: Thanks to your $$$ this woman & others is buying $133k home for $42k

Okay, so the woman in this article will have a mortgage payment of $230.83 a month @ 5%, and that's if she puts NOTHING down.

You can't rent any apartment or house, anywhere, for even 1/2 of that amount. In much of the country, you couldn't rent an apartment or house for 1/4 of that.

If she put 20% down, her payment would be $187 per month.

Why don't the taxpayers pay her utility and tax bills, too?

Had this $91,000 taxpayer voucher/gift not been provided, her payment would be $713.97 per month.
 
Quote from Angrycat:

For about 5 minutes. Then all the people getting taxed to death are going to figure out it's not worth it and leave. Then the waste of space that remains will be living in their own filth and whining for handouts from the Great Leader.
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+1

Total bullshit.
 

*p.s. - that home is a dump. The seller wouldn't get more than $35,000 for it if they were lucky without this government waste.
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The home is hardly a dump, and is worth a hellava lot more than 35K. Get real.
 
Quote from ByLoSellHi:

Okay, so the woman in this article will have a mortgage payment of $230.83 a month @ 5%, and that's if she puts NOTHING down.

You can't rent any apartment or house, anywhere, for even 1/2 of that amount. In much of the country, you couldn't rent an apartment or house for 1/4 of that.

If she put 20% down, her payment would be $187 per month.

Why don't the taxpayers pay her utility and tax bills, too?

Had this $91,000 taxpayer voucher/gift not been provided, her payment would be $713.97 per month.
More...


HAHA $230 a month, cheaper than leasing a Toyota Camry.

True, everything near me starts at $1100-$1300, 3 bedrooms in some areas are as high as $2500-$3000, $5000 depending on how good the area is.
 
Yes, I'd rather the govt. give a few 100 Trillion more to GM and the like.

Rather than spending a few Billion to help people with good credit put a bottom into the real estate market.

Yes, I love seeing decrepit boarded up homes in my neighborhood being used by drug users attracting more drug dealers into my community. Now the city will have to raise more taxes to hire extra police officers to patrol these empty homes. Yes, that's the solution.





Quote from ByLoSellHi:

Okay, so the woman in this article will have a mortgage payment of $230.83 a month @ 5%, and that's if she puts NOTHING down.

You can't rent any apartment or house, anywhere, for even 1/2 of that amount. In much of the country, you couldn't rent an apartment or house for 1/4 of that.

If she put 20% down, her payment would be $187 per month.

Why don't the taxpayers pay her utility and tax bills, too?

Had this $91,000 taxpayer voucher/gift not been provided, her payment would be $713.97 per month.
More...
 
Quote from trendy:

The home is hardly a dump, and is worth a hellava lot more than 35K. Get real.
More...

Oh, I'm sorry; you're the one with knowledge of that area of Florida, and intimately familiar with different types of construction, and the specific details of this house (and how much it cost to build) just by look at it, right?

That house has a one car garage, it's not even on a crawlspace, but on a concrete slab, there's barely any pitch to the roof meaning that if the rest of the house was designed and built like the roof the cheapest ass builder in the world built the house, the driveway is f**ken gravel, the house is no more than 36 feet wide, and although I can't see the total depth from the picture, I highly doubt it's more than 35 feet deep ,meaning that the total square footage is almost certainly less than 1,200 square feet (after taking off the garage space).

But you're the expert.
 
Quote from ByLoSellHi:

Oh, I'm sorry; you're the one with knowledge of that area of Florida, and intimately familiar with different types of construction, and the specific details of this house (and how much it cost to build) just by look at it, right?

Actually, as a 45 yr. resident of Florida that has bought and sold at least a dozen houses just like that one, and has loaned money against similar properties, yes I am an expert. What's your resume?
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