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To: goldstategop

That's 100% true. Although even with the "exotic" loans, said example family is stretched to the limit - instead of 2 grand they might be paying about 1200, but that payment goes up every year on the loan he was talking about.


80 posted on 11/29/2006 12:36:57 PM PST by RockinRight (There's nothing in the middle of the road but yellow stripes and dead armadillos.)
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To: RockinRight
Exactly. In looking at a home, decide how long you plan to live in it and that more than anything, will color people's perception of they think they can afford in a home.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus

84 posted on 11/29/2006 12:40:04 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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