Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Toddsterpatriot

It may be a source of much hilarity here on FR but people trying to sell their houses right now aren't feeling so good. Those with option ARMS are feeling poorly also.


9 posted on 11/20/2006 11:33:53 AM PST by ladyjane
[ Post Reply | Private Reply | To 1 | View Replies ]


To: ladyjane
It may be a source of much hilarity here on FR but people trying to sell their houses right now aren't feeling so good.

I'm laughing at the people who think a 1.2% decline is a crash, not at people who can't sell.

Those with option ARMS are feeling poorly also.

30 year fixed mortgages are at 8 month lows, for those who qualify.

12 posted on 11/20/2006 11:37:45 AM PST by Toddsterpatriot (Goldbugs, immune to logic and allergic to facts. You know who you are.)
[ Post Reply | Private Reply | To 9 | View Replies ]

To: ladyjane
It may be a source of much hilarity here on FR but people trying to sell their houses right now aren't feeling so good.

Who buys a home one year and sells it the next? If you buy a home you should expect to hold on to it at least of few years. Unless you have a company who pays for your relocation, you should be renting if you are only staying a year or so.

18 posted on 11/20/2006 11:43:05 AM PST by Always Right
[ Post Reply | Private Reply | To 9 | View Replies ]

To: ladyjane
It may be a source of much hilarity here on FR but people trying to sell their houses right now aren't feeling so good.

Yeah. They can only get twice what they bought it for six years ago instead of three times as much.

I'm cryin'...

33 posted on 11/20/2006 12:02:01 PM PST by wireman
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson