Crunk Times, My friend.....Crunk Times

[mokedaddy 5,000+ posts]

Exactly what I was getting at, the average person doesnt think like that. I think the average person would either A) pay it off or B) put it in some form of savings account or long term CD or money market.

I agree. But that is a big reason why the middle class is disappearing and the rich get richer.

 

[mokedaddy 5,000+ posts]

Then feel free to not use them //content.invisioncic.com/y282845/emoticons/wink.gif.608e3ea05f1a9f98611af0861652f8fb.gif

I was merely trying to help spread a little knowledge about the industry.

 

[SyKo13 5,000+ posts]

Waiting for a call from teh adjusterman....

 

[Chevillac 5,000+ posts]

That looks like shit for poor people.

Or people looking for a deal.

 

[SyKo13 5,000+ posts]

& I'm out:wave:

Awaiting my tracking #//content.invisioncic.com/y282845/emoticons/eyebrow.gif.fe2c18d8720fe8c7eaed347b21ea05a5.gif

//content.invisioncic.com/y282845/emoticons/naughty.gif.94359f346c0f1259df8038d60b41863e.gif

 

[WhoSayWho? 5,000+ posts]

That looks like shit for poor people.

Ahaha, you always have it in for the poor people. Well, think of it this way - if there were not people with less money than you then you would be considered poor. Hence, we should all be finding ways to keep the poor people poor.

 

[mokedaddy 5,000+ posts]

As far as re-investing, I don't trust the market to guarentee me anything close to 7% for the next 5 years...so the paydown in equity, is a better deal...from my perspective

And you are more than welcome to that opinion. Just make sure you dont have an early pay-off penalty in your mortgage.

 

[mokedaddy 5,000+ posts]

I just don't see risk-free returns lower than 7%...anywhere. I may hit a few flyers in a down market...but still.
Secondly, I confirmed the 10 year baloon is 90% of appraised value. So, I suppose in my case, the appraisal must come before the offer. I wonder if that is the case traditionally.

With a little savy investing I have never had a problem and either has anyone I have spoken to about it.

But again I see your hesitation. Maybe its because I bought my first stocks at 16.

:shrugs:

 

[mokedaddy 5,000+ posts]

That was more of a question than a statement. How do you qualify for hookups?

Depending on your state its usually easiest to apply for a home owners incentive from the state. Then they usually help walk you through the process. Or you can go through the website and they will let you know what you need to do. It varies from state to state.

Note this is usually easiest for first time home owners.

 

[Chevillac 5,000+ posts]

Ahaha, you always have it in for the poor people. Well, think of it this way - if there were not people with less money than you then you would be considered poor. Hence, we should all be finding ways to keep the poor people poor.

interesting concept.

I am anti-HUD home as they typically require much extra work. I am not trying to be Bob Vila...just drive up and park...go inside...plant a few flowers or something.

//content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

That was more of a question than a statement. How do you qualify for hookups?

i got the hook up, holla if you hear me.

With a little savy investing I have never had a problem and either has anyone I have spoken to about it.
But again I see your hesitation. Maybe its because I bought my first stocks at 16.

:shrugs: