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3 August 2022 | 52 replies
While it technically comes out of the sellers proceeds, I believe sales prices go up to compensate for this (hence the higher prices with an agent), but given that the buyer is the only one showing up with funds to most closings, it is really the buyer paying for both sides and even paying 15-30 yrs of interest on it in most cases.And I do agree the system is somewhat broken.
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26 October 2009 | 85 replies
I wish that effing scumbag would try that on me, I'm not 67 yrs old, or fragile, and not able to defend myself.
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1 January 2023 | 10 replies
People often assume they're going to keep a mortgage for 30 yrs.
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1 January 2009 | 73 replies
I'm working on different scenarios for money down right now, I'll have them in a few minutes.Just to explain better the 59 yrs and the 40 yrs that someone asked about.You were absolutely correct that 40 yrs is no better than 59 when it comes to your holding period.
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13 December 2011 | 11 replies
Even the carpet in my home is showing it's age after 5 yrs, and my wife and I are OCD about taking care of our home.
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22 May 2018 | 21 replies
He says it is of the lesser variety 7 yrs. ago and it will be off his record after 10 yrs.
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8 October 2019 | 187 replies
However you can take a loan to buy your first home and have 5 yrs to pay back.
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11 November 2020 | 4 replies
I moved to poughkeepsie 15 yrs ago and started buying.
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2 May 2016 | 238 replies
If that is the case, you will be looking at a real estate market cycle curve which is a sideways "S" with the recessionary periods at a higher level each cycle (lasts an avg 5-7 yrs.
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9 September 2019 | 90 replies
I have 23 yrs in RE 203Ks Ive done lots for homeowners as a REFI, or buyers as buying a 1-4 as owner Occ with 203K, and worked with NON Profits doing 203Ks, one of my 203Ks involved $350,000 to add a second story using a REFI.