Re: In a Bad Economy
[Re: HobbieTrapper]
#6878413
05/21/20 11:29 AM
05/21/20 11:29 AM
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Joined: Dec 2010
Posts: 11,205 Armpit, ak
Dirt
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trapper
Joined: Dec 2010
Posts: 11,205
Armpit, ak
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Savings and loan bail out 1991.
Freddy and Fanny bail out 2008
The third installment coming soon.
Who is John Galt?
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Re: In a Bad Economy
[Re: HobbieTrapper]
#6878464
05/21/20 12:37 PM
05/21/20 12:37 PM
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Joined: Dec 2006
Posts: 21,716 Sandhills Nebraska
Gary Benson
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trapper
Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
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My boys are carpenters. They say in this area anyway, it costs more to build a new house than it will appraise for when it's completed. Maybe it's the same everywhere.
Life ain't supposed to be easy.
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Re: In a Bad Economy
[Re: HobbieTrapper]
#6878543
05/21/20 03:43 PM
05/21/20 03:43 PM
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Joined: Dec 2006
Posts: 8,426 NWWA/AZ
Vinke
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trapper
Joined: Dec 2006
Posts: 8,426
NWWA/AZ
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Yes Construction has always been the major player in the economy
Slightly used Shoes 4 sale
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Re: In a Bad Economy
[Re: HobbieTrapper]
#6878547
05/21/20 04:00 PM
05/21/20 04:00 PM
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Joined: May 2009
Posts: 15,687 Champaign County, Ohio.
KeithC
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trapper
Joined: May 2009
Posts: 15,687
Champaign County, Ohio.
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Should we be building things like this? People should be able to spend their money any legal way they want. People who have a problem with rich people spending their money, should go work hard and smart and make their own money to spend as they want, rather than using the government to steal the money through taxes for them. For the most part in America you get what you deserve from your own work. Keith
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Re: In a Bad Economy
[Re: HobbieTrapper]
#6878555
05/21/20 04:07 PM
05/21/20 04:07 PM
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Joined: Dec 2010
Posts: 11,205 Armpit, ak
Dirt
trapper
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trapper
Joined: Dec 2010
Posts: 11,205
Armpit, ak
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"Summary: First-time home buyer loans and programs
Here are some of the most useful first-time home buyer loans and programs that you might overlook if you rush the process. They may score you some big savings.
FHA loan: The go-to loan program for buyers with weaker credit.
VA loan: No down payment loans for borrowers with a military connection.
USDA loan: 100% financing on rural properties.
Fannie and Freddie: Conventional loans with just 3% down.
State first-time home buyer program: Assistance specifically for residents.
Home renovation loan: Buy a home and remodel it with one loan.
Good Neighbor Next Door: Home price discounts for first responders and educators.
Dollar Homes: Foreclosed homes for sale by the government."
Who is John Galt?
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Re: In a Bad Economy
[Re: HobbieTrapper]
#6878572
05/21/20 04:45 PM
05/21/20 04:45 PM
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Joined: Dec 2006
Posts: 21,716 Sandhills Nebraska
Gary Benson
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trapper
Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
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I just learned last year that Fannie Mae is actually FNMA. A local Fannie Mae default home came up for sale and turned out to be quite lucrative.
Life ain't supposed to be easy.
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Re: In a Bad Economy
[Re: Rat Masterson]
#6878583
05/21/20 05:03 PM
05/21/20 05:03 PM
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Joined: May 2010
Posts: 10,485 MN
Steven 49er
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trapper
Joined: May 2010
Posts: 10,485
MN
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Savings and loan bail out 1991.
Freddy and Fanny bail out 2008
The third installment coming soon. It started again in September and has been ongoing since. I just listed my place in the upper 500s, so I hope there is some buyers out there. Are you moving to Funkley?
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: In a Bad Economy
[Re: HobbieTrapper]
#6878683
05/21/20 07:42 PM
05/21/20 07:42 PM
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Joined: May 2010
Posts: 10,485 MN
Steven 49er
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trapper
Joined: May 2010
Posts: 10,485
MN
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Is the Hammer still alive?
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: In a Bad Economy
[Re: HobbieTrapper]
#6878692
05/21/20 07:57 PM
05/21/20 07:57 PM
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Joined: Oct 2013
Posts: 8,773 East of the Mason-Dixon Line
DelawareRob
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trapper
Joined: Oct 2013
Posts: 8,773
East of the Mason-Dixon Line
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Not a fan of duplex houses. I wonder if you will be able to hear the neighbor through the walls.
Although I could walk to my buddies house. He lives around the corner, plus a short ride to down town Lewes.
Who is John Galt?
You don't rise to the occasion, you fall to the level of your training.
Semper Paratus
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