Any homeowners here?

[Jeremy M 10+ year member]

it's a bad time to re-finance. I'd wait a bit till the market get stable....last thing u wanna do is re-finance when ur house is worth 10% more and then the market go down and now ur house aint' worth that much anymore.

 

[crunktimes.com 5,000+ posts]

I think I pay about $670/mo

P.S. MODS prob gonna ban joo for a while for spamming your shit here //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

 

[mannyb18b]

I think I pay about $670/mo
P.S. MODS prob gonna ban joo for a while for spamming your shit here //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif

Well I don't care too much about getting your guys buisness..I do very well. But losing your home is no joke, so I'm just letting people know what they can do overall.

 

[mannyb18b]

it's a bad time to re-finance. I'd wait a bit till the market get stable....last thing u wanna do is re-finance when ur house is worth 10% more and then the market go down and now ur house aint' worth that much anymore.

It is NOT a bad time to re-finance. If your looking for a re-finance, my best advice would be to do so now because the rate's are not going any lower, and housing prices are going to start on a uphill climb.

Rate's went back to being very low (6%) because the gov. stepped in with FHA programs and it was a way to give people an option.

 

[bonesninja 5,000+ posts]

i own, i am doing fine, and i might even go out and buy a gas guzzling SUV like a Tahoe or Yukon

 

[Eugenics 5,000+ posts]

Well I don't care too much about getting your guys buisness..I do very well. But losing your home is no joke, so I'm just letting people know what they can do overall.

If you were doing that well you wouldn't be trying to fuck people on a caraudio forum. As usual though, your story doesn't quite add up.

 

[bonesninja 5,000+ posts]

If you were doing that well you wouldn't be trying to fuck people on a caraudio forum. As usual though, your story doesn't quite add up.

me?

 

[Eugenics 5,000+ posts]

no, the 16 yearold mortgage expert.

 

[bonesninja 5,000+ posts]

no, the 16 yearold mortgage expert.

ahhh...i was thinkin "Who did i try to screw?"

 

[Eugenics 5,000+ posts]

ahhh...i was thinkin "Who did i try to screw?"

col. mustard, in the study, with a lead pipe.

 

[bonesninja 5,000+ posts]

col. mustard, in the study, with a lead pipe.

besides him...and he was asking for cuz i was dating Ms. Plum and he was pushin up on her

 

[Jeremy M 10+ year member]

well, here's how it was explained to me.

When i bought my house 3yrs ago, we paid $157,---. Last year when we were appraised it was worth $203,---. Now let's say i refinance and i get $28k...then the market crashes and now my house according to fair market value, my house is only worth $160,---. How do i come up with like $25k? because now my house isn't worth $203,--- and now i owe the bank the money immediately.

or am i wrong?

 

[scarolinablazin 10+ year member]

well, here's how it was explained to me.
When i bought my house 3yrs ago, we paid $157,---. Last year when we were appraised it was worth $203,---. Now let's say i refinance and i get $28k...then the market crashes and now my house according to fair market value, my house is only worth $160,---. How do i come up with like $25k? because now my house isn't worth $203,--- and now i owe the bank the money immediately.

or am i wrong?

you are wrong you dont owe them immediately.

and to refinance you dont have to get more money.

 

[mannyb18b]

well, here's how it was explained to me.
When i bought my house 3yrs ago, we paid $157,---. Last year when we were appraised it was worth $203,---. Now let's say i refinance and i get $28k...then the market crashes and now my house according to fair market value, my house is only worth $160,---. How do i come up with like $25k? because now my house isn't worth $203,--- and now i owe the bank the money immediately.

or am i wrong?

Ya first things first why would you want to pull out all your equity?

 

[mannyb18b]

If you were doing that well you wouldn't be trying to fuck people on a caraudio forum. As usual though, your story doesn't quite add up.

I find that hilarious //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

an who's tryin to fuk people wat?