My daughter's best friend is buying a condo has now been turned down by 2 lenders in the past two weeks after having been pre-approved. She'd had the condo built based on the pre-approval. She has good credit and a decent job.... My daughter paid a penalty to break her lease to be a roomate to the friend.... Meanwhile, there is an all time high of inventory of homes in the area.... 6 months ago, no lender would have balked at a loan....
To: Sleeping Freeper
Rex Nutting & Nick Godt?!
2 posted on
08/03/2007 2:31:50 PM PDT by
rfp1234
(Nothing is better than eternal happiness. A ham sandwich is better than nothing. Therefore...)
To: Sleeping Freeper
Banks need to drop their interest rates on homes. Credit card companies need to lower their interest rates also and be controlled by our government. Both are ripping our people off.
3 posted on
08/03/2007 2:35:53 PM PDT by
RC2
To: Sleeping Freeper
To: Sleeping Freeper
"- Rookie wide receiver Calvin Johnson signed a six-year deal with the Detroit Lions on Friday, ending the No. 2 overall pick's eight-day holdout. Johnson's contract is worth $64 million, with $27.2 million fully guaranteed, "We'll know there is a problem when this sh't ceases.
15 posted on
08/03/2007 3:08:18 PM PDT by
ex-snook
("But above all things, truth beareth away the victory.")
To: Sleeping Freeper
“turned down by 2 lenders in the past two weeks after having been pre-approved.”
Why was she turned down?
There are lots of good programs out there, especially if her credit is good.
17 posted on
08/03/2007 3:12:55 PM PDT by
HereInTheHeartland
(Never bring a knife to a gun fight, or a Democrat to do serious work...)
To: Sleeping Freeper
The outlook for the 08 elections will be pretty bad for Republicans if a recession occurs. The Dems will pound it day and night. Of course, there will be an upside. We’ll stop hearing the daily attacks on our soliers in Iraq since the Dems will have a new and better bauble.
24 posted on
08/03/2007 3:50:19 PM PDT by
saganite
(Billions and billions and billions----and that's just the NASA budget!)
To: Sleeping Freeper
Somehow, I have little sympathy for people who live outside their means. I have even less for people who live outside their means and complain when something goes wrong.
Hopefully, people will learn something from their actions and act responsibly in the future.
To: Sleeping Freeper
This is the beginning of the next depression. Keep in mind the following has been occurring since 2001:
1. High paying professional jobs have been going to outsourcing companies by the millions.
2. Cheap unskilled, uneducated immigrants are flooding our country.
3. Housing prices will be peaking due to numbers 1 and 2 since the middle class is being effectively eliminated.
4. Government is growing and when the Dems gain control in 2008, will take over energy, health care, and transportation industries.
5. Illegals will be given citizenship bringing in another 100M immigrants to be placed on welfare.
6. Oil will peak due to Government interference.
7. Wage and price controls will be instigaged and within 6 months, civil war will break out due to mass starvation.
To: Sleeping Freeper
Interesting the change in attitude. Perhaps the condo price is too high. Perhaps they think the asset value would not protect them in the event of a default. I am very concerned about the gov’mints irresponsible spending habits. At some point our little banana republic’s economy will fold up like a cheap suit. All due to our leader’s maleficence.
38 posted on
08/03/2007 7:36:35 PM PDT by
Nuc1
(NUC1 Sub pusher SSN 668 (Liberals Aren't Patriots))
To: Sleeping Freeper
I hope the DEMS get the Blame for it....
41 posted on
08/03/2007 8:21:08 PM PDT by
RachelFaith
(Doing NOTHING... about the illegals already here IS Amnesty !!)
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