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Existing-home sales fell 13% last quarter: NAR
MarketWatch ^
| November 20, 2006
| John Spence
Posted on 11/21/2006 8:36:36 AM PST by GodGunsGuts
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To: spintreebob
t is extremely difficult to obtain a mortgage ... even for a person with a six figure income, credit score over 700, etc. The difficulty is the red tape involved. People unable to cut the red tape are not able to buy a house. I believe you misstate. It's not a problem getting such a mortgage - it just takes longer than most people want to wait. I've never seen anyone take over 6 weeks to get a mortgage, esp. if you were thru a pre-approval process.
41
posted on
11/21/2006 10:33:33 AM PST
by
cinives
(On some planets what I do is considered normal.)
To: Petronski
we've jousted before....I just got tired chasing ex-texan, hysdroshock to take on another one.
looks like a clone from the ex-texan, hydroshock, school of bubble postings.
42
posted on
11/21/2006 10:35:08 AM PST
by
stylin19a
("Klaatu Barada Nikto")
To: cinives
I can get MOST mortgages done in under a month as long as my borrowers and the sellers give me what I need.
43
posted on
11/21/2006 10:38:12 AM PST
by
RockinRight
(There's nothing in the middle of the road but yellow stripes and dead armadillos.)
To: stylin19a
You really ought to see someone about your many complexes.
To: Toddsterpatriot
Toddster, you couldn't possibly have come up with that on your own. You must be in contact with people way more market savvy than yourself.
To: GodGunsGuts
You must be in contact with people way more market savvy than yourself.Because market savvy includes guaranteed market prices. LOL!
46
posted on
11/21/2006 11:06:59 AM PST
by
Toddsterpatriot
(Goldbugs, immune to logic and allergic to facts. You know who you are.)
To: Toddsterpatriot
Well, that's where we part ways. Gold will probably go higher than $1650, so a $1650 top is by no means guaranteed.
To: Toddsterpatriot; expat_panama; djf; Pelham
To: GodGunsGuts
Gold will probably go higher than $1650,Excellent! Then you won't be as big an idiot for paying 3% for every round trip you make.
49
posted on
11/21/2006 12:29:00 PM PST
by
Toddsterpatriot
(Goldbugs, immune to logic and allergic to facts. You know who you are.)
To: Toddsterpatriot
You're just bitter because the market keeps proving me right and you wrong. LOL!
To: GodGunsGuts
You're just bitter because the market keeps proving me right and you wrong. LOL! 
Absolutely!
51
posted on
11/21/2006 12:49:47 PM PST
by
Toddsterpatriot
(Goldbugs, immune to logic and allergic to facts. You know who you are.)
To: Toddsterpatriot
Why you look just like toddler way down there, Toddler. LOL! You aint seen nothin' yet. Watch what happens when the dollar starts testing .80 again. LOL
To: GodGunsGuts
But based on previous housing slumps, I expect the current deflation in housing sales and prices to continue for the next five years or so. Previous housing slumps have been based on recessions and high rates of unemployment -- neither of which are evident today. Maybe you should learn more about historical trends before you cite non-existent history as evidence for your ridiculous doomsday prophecies.
53
posted on
11/21/2006 4:06:04 PM PST
by
Mase
To: cinives
I was "pre-approved" in April. The close date of 11/6 was set in September. I've aggressively tried to move to a bank/mortgage company to that, or any, close date since late September. I'm still "approved". But they need "just one more paper in their file" before they will bring money to the table.
As I said before, everybody seems to be in cya mode.
To: RockinRight; spintreebob
You need to talk to spintreebob.
55
posted on
11/22/2006 6:24:57 AM PST
by
cinives
(On some planets what I do is considered normal.)
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