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Old December 27th, 2007, 01:34 PM   #1
Noah's Ark
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Default Want to live in Waterford?

This is also obo!

http://www.realtor.com/search/listin...cnt=167#Detail
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Old December 27th, 2007, 01:37 PM   #2
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How much is it month total?
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Old December 27th, 2007, 01:51 PM   #3
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How much is it month total?
depends on how much is mortgaged and your interest rate.
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Old December 27th, 2007, 01:58 PM   #4
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where ya moving too? how am i gonna pick up my parts this winter?!??! hahaha
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Old December 27th, 2007, 02:09 PM   #5
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where ya moving too? how am i gonna pick up my parts this winter?!??! hahaha
Just west of Cleveland OH!

Don't know what came over me to take a job there, but I'm all in now. May be selling the jeep too. How many parts do you want? It would be a killer deal!

Brian
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Old December 27th, 2007, 02:58 PM   #6
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Just west of Cleveland OH!

Don't know what came over me to take a job there, but I'm all in now. May be selling the jeep too. How many parts do you want? It would be a killer deal!

Brian
i'd love to have the jeep what do you want for it? maybe part it out!?!?!?
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Old December 27th, 2007, 05:43 PM   #7
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Just west of Cleveland OH!

Don't know what came over me to take a job there, but I'm all in now. May be selling the jeep too. How many parts do you want? It would be a killer deal!

Brian
hey didn't you just put in a pool last year.
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Old December 27th, 2007, 06:03 PM   #8
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hey didn't you just put in a pool last year.
Yup!
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Old January 10th, 2008, 07:33 AM   #9
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Still Moving!
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Old January 31st, 2008, 10:18 PM   #10
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Current listing is at 175k from 178k. Still room to move!
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Old May 2nd, 2008, 01:53 PM   #11
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How much is it month total?
this mentality right here is in part why the real estate economy is so messed up.

people didn't shop for housing based on what the price of the house they were looking at, instead they were "shopping payments" - which led to the proliferation of interest only ARMs, and other shenanigans including flat out mortgage fraud.

the majority of the big booms in real estate were a direct result of economic, and tax policies that made monthly payments lower. e.g. the obvious interest rate, and zero down opportunities, but we also saw a huge boost in selling prices shortly after the passage of Proposal A in 1994 which limited property taxes...

people didn't stop to think: "omgosh I only make $40,000 and am buying a $350,000 house" they saw their mortgage broker state that they could get into it for 3% down, and $x,xxx /mo...

ARM adjusts, or balloons, or the property taxed uncap, and all of a sudden they're eating hamburger helper (dry out of the box) and living in the back seat of their leased car that's about to get repo'ed...



end of rant.
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Old May 2nd, 2008, 01:59 PM   #12
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ryebread for prez
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Old May 3rd, 2008, 09:03 AM   #13
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Originally Posted by RyeBread View Post
this mentality right here is in part why the real estate economy is so messed up.

people didn't shop for housing based on what the price of the house they were looking at, instead they were "shopping payments" - which led to the proliferation of interest only ARMs, and other shenanigans including flat out mortgage fraud.

the majority of the big booms in real estate were a direct result of economic, and tax policies that made monthly payments lower. e.g. the obvious interest rate, and zero down opportunities, but we also saw a huge boost in selling prices shortly after the passage of Proposal A in 1994 which limited property taxes...

people didn't stop to think: "omgosh I only make $40,000 and am buying a $350,000 house" they saw their mortgage broker state that they could get into it for 3% down, and $x,xxx /mo...

ARM adjusts, or balloons, or the property taxed uncap, and all of a sudden they're eating hamburger helper (dry out of the box) and living in the back seat of their leased car that's about to get repo'ed...



end of rant.

This is true. I would only do a 15 or 30 year fixed. Mortgage is always selling the payment.

That being said, there is another reason for the current market situation.

Wal-Mart! :tonka:

Back on topic.

Make an offer. Now I have two homes to sell and am moving to Chicago!
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Old May 3rd, 2008, 09:09 AM   #14
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Quote:
Originally Posted by RyeBread View Post
this mentality right here is in part why the real estate economy is so messed up.

people didn't shop for housing based on what the price of the house they were looking at, instead they were "shopping payments" - which led to the proliferation of interest only ARMs, and other shenanigans including flat out mortgage fraud.

the majority of the big booms in real estate were a direct result of economic, and tax policies that made monthly payments lower. e.g. the obvious interest rate, and zero down opportunities, but we also saw a huge boost in selling prices shortly after the passage of Proposal A in 1994 which limited property taxes...

people didn't stop to think: "omgosh I only make $40,000 and am buying a $350,000 house" they saw their mortgage broker state that they could get into it for 3% down, and $x,xxx /mo...

ARM adjusts, or balloons, or the property taxed uncap, and all of a sudden they're eating hamburger helper (dry out of the box) and living in the back seat of their leased car that's about to get repo'ed...



end of rant.
I hear ya brother. I own several properties and I remember trying to squeeze maximum payment for my budget and the shortest mortgage period. Unfortunatly with the current market I'm taking a pretty big hit on my equity especially on a comercial property I am trying to sell.
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