2007-02-19
11:40:20
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5 answers
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asked by
Anonymous
in
Business & Finance
➔ Renting & Real Estate
For leads - title companies. They offer the best because they have everything already. :)
2007-02-19
11:47:20 ·
update #1
The simple answer to the bad credit question is easy - you save at least 10% - 20% to bring to the table. It's not easy to do, but otherwise you'll be facing some very high rates.
But if you can afford it, and you really don't want to wait to increase you downpayment - that may be your only choice.
2007-02-19
13:25:44 ·
update #2
The downfall of 100% financing is twofold.
1. Your rates will be high - if not immediately, they will be when your ARM kicks in.
2. Unless you make extra payments throughout the year, you will have no room to refinance or sell if you have to.
2007-02-19
13:27:30 ·
update #3
California almost always sets the trends for the rest of the country. So when for some it's good - California is great, for some it's bad - California is worse. The difficult thing about commenting on a city or county is, there are so many different characteristics involved that it is impossible to 100% right without being 100% wrong at the same time.
Clients should view their purchases and investments based on it's immediate surroundings. If where you live is surrounded by expensive homes - chances are good that your home will hold its value. If the neighborhood is slowly going down, well maybe your block isn't far behind.
Right after location, location, location you have people, people, people. People want to go where there are people that think like they do. People that like the sun will go where other people like the sun, snow people go where snow people go. It all comes down to the neighborhood that they end up in - the value is always in the neighborhood, not the houses.
2007-02-19
14:56:50 ·
update #4