No big ARM reset?

I am not in the business, although I know a handful of dudes who do modifications.I personally know that it has helped in SOME situations to have an expert negotiator handle the mitigation of a loan mod.One of my best friends took a Pay Option Arm a few years back, and it was going to recast.He contacted the lender himself, and they offered him 5.5% fixed for 30 years.He later contacted a Loan Modification Company (my other friends company) and they went to work with NO UP FRONT FEE.

I've been out of the loop more than I thought but just talked to a developer and heard of this where banks that take stimulus money can't follow through on foreclosure and/or adjusting up ARMs?

the UPVC thickness is 2.5mm.The support steel is standard zincification support steel, the thickness is 1.2mm.Glass: isolated safety glass (5mm Low-e +9A+5mm clear glass).This kind of windows are mostly used in the north of China and are energy effective.The price isn't expensive.

I sent an offer at $80K and left their terms and said its my final offer. the issue is a new agent just picked up the listing because the old agent had it for 90 days with no calls. the only type of loan you can get on the place in construction because there is no stove or heat source and safety issues with the deck so FHA and most conventional wont oan until those are taken care of.

man if you think that's a war zone you should take a walk in the bronx or downtown brooklyn. bring your kevlar...one time i was on a bus in the bronx, and when i go to get off the driver stops me and grabs my arm, gives me a real serious look and pleads with me "honey, whateva you's here ta do, you just get it done quick and be outta here before that sun goes down ya hear?

Investment is about obtaining acceptable returns within a margin of safety.

You seem to have little confidence in the safety of property as an investment in case of a major crisis.

And this is in the context of a conventional 30-year fixed conventional loan, not community bank portfolio loans with 5-year fixed rates.David, for sure, this would not be an "arms length transaction" and deep in the bowels of underwriting hell is the complication that you would need to disclose your ownership stake in the entity in question (e.g. at least via 1003 application.)

Cited 21 safety hazards.