Here's a couple more worries: who will the government raise taxes on?

A VA loan essentially means that the government co-signs the loan.

I have never needed either yet and would frankly prefer to run like hell than ever get into a fight in someone else's territory (and not just for legal concerns) but the reality of the world is that there are bad people out there who are not governed by reason and must therefore be governed by other means.

This may have changed, but the government backed secondary mortgage market does not buy loans from LLCs.

This is a new federal law that you can get your report from each agency once per year at no cost to you.The process should take about an hour or so as you have to keep re-entering the same data for each agency.If you are married do separate reports, not joint.

Third federal had the best rates and terms at 80 ltv.

Due to transfer taxes (a percentage of the amount for which the property sold which is paid to the government), the agent wants the price as low as possible if he has to buy it for the bank; thus keeping the taxes down.

They then add a federally accepted overage which by law can be up to 15% (they must eliminate this if you tell them you do not want them to include it).

I don't particularly support the mission of the company, being opposed to government funding of the type we solicit, so that makes work here less fun than it may have been otherwise.

However if you have the available resources, and know how of the JC government there are some nice deals that can be found in these areas.Journal Square...