`(C) VOLUNTARY PROGRAM- This paragraph may not be construed to require any holder of any existing mortgage to participate in the program under this section generally, or with respect to any particular loan.`(5) TERM OF MORTGAGE- The refinanced eligible mortgage to be insured shall--`(A) bear interest at a single rate that is fixed for the entire term of the mortgage; and`(B) have a maturity of not less than 30 years from the date of the beginning of amortization of such refinanced eligible mortgage.`(6) MAXIMUM LOAN AMOUNT- The principal obligation amount of the eligible mortgage to be insured shall not exceed 132 percent of the dollar amount limitation in effect for 2007 under section 305(a)(2) of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. 1454(a)(2)) for a property of the applicable size.`(7) PROHIBITION ON SECOND LIENS- A mortgagor may not grant a new second lien on the mortgaged property during the first 5 years of the term of the mortgage insured under this section.`(8) APPRAISALS- Any appraisal conducted in connection with a mortgage insured under this section shall--`(A) be based on the current value of the property;`(B) be conducted in accordance with title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (12 U.S.C. 3331 et seq.)

I respect your opinion but I still have to disagree.

I have great respect for the money man.

Boston, New York, and Washington are all down 6%, 7%, and 15% respectively year over year.

im knew although i have been browsing for some time, ill give you a short history of myself before i explain what i would like to do, Im currently 22 and at the age of 21 i had saved approx 15k for my first home, I had read every investing/mortage/real estate book i could find, before i really started looking, threw family i was introduced to a very respected and succesful real estate broker who has several offices, so i thought it was wierd that he was wasting his time with such (small fish) but he helped me find a forclosure,i bought a 1800sqft house 3 bed 3 bath etc for 112k, it was the ugliest house in a super nice neighborhood.

I find this out from the seller at the closing table and I probably wouldn't have closed accept I really did want the house.I know its a generalization but I lost a lot of respect for the Realtors code of ETHICS at that point.

Respectfully, Andrea & Dan Seluk 5292 Memorial F-15 Houston, Texas 77007"

We can only hope that our children and grand children have as much respect for us as you obviously have for your grandfather.

In addition, if you think about it, it can also contribute quite a bit of credibility to your business and in the long run create a formidable veneer that both commands respect in your area and quite possibly shatters pesky objections.The goal is to test.

You should just go into any appointment by being respectful of the person you are meeting with - which means clean clothes, not too casual, and groomed well.