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eek.....could make your mattress lumpy, what do you think about a cookie jar?

eek....maybe a folgers tin can, shovel, and a nicely hidden spot in the backyard would do?

AV Paperboy, You should have never been approved for this loan and you have fessed up to it. IMHO banks have a responsibility of providing financial advice and directing clients into reasonable products and getting a 300K loan with nothing down, only 500 in the bank, and making less than...

Italicize = I didn't realize....hahahaha

Bix Well we all know what happens to those that assume.

I am a short-term trader and as long as I am making a decent return I really don't care paying the short-term gains on my money. Would rather have that happen then watch 15% go away by doing nothing at all.

WINEX....isn't that impossible to have 300K liquid and get approved for short-sells? I always thought that the banks did a very thorough audit of you financials.

Wells Fargo is really good in my opinion. They have a PMA acct that you actually get points for using your debit card.

Ah...poor WaMu http://www.marketwatch.com/news/story/wamu-cut-dividend-raise-25/story.aspx?guid=%7B88349E16-8D74-4219-8CBD-2473BDCEECFF%7D

You need to find an apartment first so that when they run your credit you get qualified for the place you want to live. Other than that I believe it is roughly 4mths

Graphix.....you forgot about Restaruants...duh!!!

HS_Teacher Please keep in mind that many homeowners, IMHO, in California are expecting their home to provide them with some sort of retirement piggy bank. If home prices decrease substantially their retirement plans could be altered or delayed. The negative impact on decreases in...

Didn't we already have a thread about MILFs

I don't think this proposal will do much at all for the RE market. No secondary institutions will want to buy the MBS and most of the brokers that put these things together are already having to keep all these loans on their books. What I really hate about this damn proposal / program is...

I don't think the policy is going to do anything to help support or reinflate the bubble. The problem I have with the policy is that it is nothing more than a welfare policy to prop up those who have made bad decisions once again. I don't care what your credit score is, if you make $55K / yr...

I had the same reaction.

Lawyerliz.....I agree I shouldn't rush to judgement on the plan until further details are devulged however I have two big problems with this plan: 1) it's absolutely ridiculous for the Federal Govt to come in and save who spent carelessly and did not read the ink between the lines on...

CK....first off I would just like to say thank you for serving and protecting us during your military stint. I am in the same position you are. My significant other and I want to buy so bad and I have looked outside of the state were affordability is more reasonable. I believe prices are...

In the article I saw on MSNBC they said they had to prove it was their primary residence. I still don't think this plan really does much for anyone. If I knew that my home was loosing value and that I wasn't paying down any principal nor had a nice down payment for such an occasion I would...

Personally I wouldn't do it. On top of that 1303 sqft home is kinda small and thinking that you will want it for another 5yrs after purchase you could out grow if you plan on starting a family. I would either a) wait the market out a bit longer or b) save up alot more now and then maybe...