bf I don’t think it was the ARMs it was some of the crazy products out there, especially balloon mortgages and interest-only ARMS. If a guy took out a no-downpayment loan for 200k for a house worth 200k, then figured when reset hits the house will be worth 300k and he’ll just refi again, well, at some point the music stops. The music stopped, the house went to 150k, no refi possible.
You’re talking about real estate? Really?
now that I know where in the aptmt cobble is putting her big stash. CGar, what’s the exact address so I can jack her stash (15% cut as commission)
HA! was he wearing the gloves? if not then BH has orange poisoning!!!
*rob*
LOL! I don’t know, DIBS, I didn’t ask! I’ll ask when he gets in shortly.
I can whistle without the fish lips – ie my face would look normal but you’ll hear whistling
bf I don’t think it was the ARMs it was some of the crazy products out there, especially balloon mortgages and interest-only ARMS. If a guy took out a no-downpayment loan for 200k for a house worth 200k, then figured when reset hits the house will be worth 300k and he’ll just refi again, well, at some point the music stops. The music stopped, the house went to 150k, no refi possible.
Cripes, it’s all just a crap shoot isn’t it. One big casino. I think my money is going under my mattress from here on out.
With the glove on???
Wait – I say “Shtreet” I thought it was b/c I had braces as a teen and have trouble pronouncing certain words I also can’t really whistle either