50% seems like a lot if you're just providing the money and nothing else. 70% is just plain ridiculous.

Ed, Dealing with the ridiculousness of it ourselves.

Also, you do realize that in 15 years, your retirement nest egg will quadruple at a ridiculously achievable 10% APR, and grow by a factor of eight at an also achievable 15%?

Ridiculous.  

Yes true in some places the prices are ridiculous, but in other places they are just amazing.

To bash either one is ridiculous, they both have their methods and have worked.   

With all of the changes to this and affiliated industries of late, ie...Dodd-Frank Bill and Interagency Guidelines, underwriting standards have become ridiculous and the appraiser may be trying to bow out graciously.

Sometimes close, and sometimes crazy out of your mind ridiculously wrong. 

Bought it for $115 sqft as a short sale and sold it for $171 sqft which was ridiculously high but supply was still somewhat low at the time.

Overall, Schenectady is always tempting because purchase prices are so low, but the taxes are so ridiculous it's hard to get anything to appreciate there.