Posted on 01/19/2021 6:36:10 PM PST by springwater13
Can someone tell me who can buy a home with no business and
or no job?
Do these people have ANY connection reality?
Terrible policy but I think my wife may be about to buy a cabin and some land near the Canadian border and get a sweet tax credit. She will be a first time homebuyer, you see...
Where’s my 15k credit for my house or my free college? why buy anything big, just wait til dems get in office eethen its free free free
NINJA loans.
No Income ?
No Job ?
APPROVED !
He wants to spend trillions and does not know what to do with it.
This appraiser agrees. In most markets demand is high and supply is low. Biden’s solution is to add more demand, further exacerbating the imbalance, especially on the already fiercely competive lower end with tax credits and little or no cash down FHA loans.
Get an appraisal. She might like the number and start pondering the possibilities.
https://www.youtube.com/watch?v=mzJmTCYmo9g
Above is a great comedy skit by Bird and Fortune back in 2008.
Talks about the sub-prime crisis. Funny - but all based in truth. At the 3 min. mark they talk about it.
Thanks.
I thought about talking to a local realtor but if she found out she would blow her top.
Three years ago the county did an appraisal but I’m sure they were off/low.
My step dad told her to sell the place when he died, seven years ago but she just hangs on.
Difficult situation. Getting old is hard.. i wish you the best.
” The banks do not loose. “
That’s exactly what this is AND the piggyback insurance companies bundlers.
Under Trump this wouldn’t have happened as industry would have returned to the United States instead of the Communists.
It’s a seller’s market. The problem is that, once she sells her house, she becomes a buyer looking for a place to live. Finding a place to live right now is difficult in this market. Even apartments have nothing available. Many people have taken up in hotel rooms. So, whatever your mother decides to do, make sure she will have a place to live, before she puts the house up for sale.
Another way for the US treasury to be looted for trillions. Three people will actually legitimately buy a new home while there will be hundreds of thousands of bogus, fraudulent applications.
Mrs. Eagle and I have been looking to sell this house and move into a retirement community. That 15 extra thou will help a lot.
When given lemons, make lemon-aide. Time to start acquiring and scaling in subprime mortgage portfolio puts, so when the new bubble pops, you make a killing like John Paulson did in the 2008 pop.
really ?
but all other taxes will go up due to massive spending ??
or is this only for ‘vetted’ homebuyers ?
.
I will not waste my time watching the worst Inaugural ceremony in the history of the USA. No matter what the Democrat Party says or does....Joe Biden & Kamala Harris are both losing Zeros. Case Closed!!!
You mean 2% financing isn’t enough?
Nope - Bush tried to warn about Fannie and Freddie but the dems all lied and said they were sound until the day they cracked wide open and spilled their guts.
But I'm retired now, content to raise a herd of beef cattle on my farm and our 3 year old granddaughter, who we have adopted.
Life is much less hectic now.
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