Recent content by finally buyin_IHB

<p>Here is the link:</p> <p><a href="http://bubbletracking.blogspot.com/2007/04/whos-actually-buying-these-properties.html">http://bubbletracking.blogspot.com/2007/04/whos-actually-buying-these-properties.html</a></p>

<p>Fraychieille: Do you know if Columbus Grove is also impacted. The toxic plume language is there in the disclosures. The sales lady went to great lengths to explain to me that it is only Columbus Square that is on the airfield. Columbus Grove was residential housing for the air-base staff. She...

<p>Sorry Irvine Wanna Be. I'm in a different industry so I don't have any recruiter contacts for finance ops. </p> <p>I did a large part of my search on the web. You can probably identify target companies in the area and then reach out to them through your peer industry contacts. I find it is...

<p>I just read on the blog how this scheme works. I must say that if I am the seller facing financial ruin I would have no qualms about doing this. I don't even consider it fraud. The risks to all parties are pretty open. </p> <p>It is creative financing where someone is going to get screwed...

<p>Wow! How does she do it? </p> <p>I wouldn't sell my soul, but certainly sell my house through her if I was facing foreclosure and bankruptcy. As long as the fraud is committed by her, not me. </p> <p>It's a no brainer.</p>

<p>Anteater,</p> <p>1. For new homes from 2500-3000 sf SFR prices vary from about 850K to over 1MM in the new developments. If you negotiate well you may be able to get under 800K. Or just wait a while and prices will drop even lower.</p> <p>2. I feel resale homes are not the better option...

<p>All great points folks. Thanks for the inputs.</p> <p>mino2126: What do you mean by strapping yourself to your mortgage?</p>

Correction to the above post - There is one Plan 3 and two plan 2s available.

<p>I have a rate-lock on a 10/20 mortage for my home purchase and wanted opinions on this type of mortgage. The 10/20 is a 30 year fixed mortgage with a 10 year interest only option. The reason I lean towards this is that the minimum monthly payment is much less than it would be for a 30 yr...

<p>Protoss: The Cantara price sheet is at the same level as the Feb 19th pricing sheet in the first post. There is one Plan 3 and two plan 1s available. However they certainly seem to be open to negotiate if you want to make an offer. They are driven by quartely performance, so May/early June...

<p>This property is almost identical to the one I am getting. I have looked at it. Sales staff said that this poor guy went through a divorce as soon as he closed. They have a clause in the contract that does not allow you to sell for 1yr except in "hardship" situations. </p> <p>The listing...

<p>OCR, It's not quite that great. The 26K is towards options that they had already planned into this home (I have a quick closing). It worked for me as I liked the options. However there is the additional 6K that they will pay towards closing costs. It works out to $287/sq ft which still looks...

<p>I have been a silent reader of this forum for a while now. But decided to take the plunge at Cantara despite the abundance of bearish advice. I felt I was getting a pretty good deal and didn't want to wait 2 years to buy. I think the discount pricing does take care of some more downside that...