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4 Comments

    • FHA: Faulty Housing Assumptions? [view article]
      The current system works well as long as prices go up 5% a year or so. All sins are forgiven. Jun 16 10:07 AM
    • FHA: Faulty Housing Assumptions? [view article]
      FHA is greet at creating new homeowners. The only problem is they go in the front door and right out the back door! They don't have any money in the deal and are under water on the loan from the get go. THE SALES PRICES are inflated by 6 or 7 percent to cover the closing cost and fees so the buyers are almost 15 percent in the hole if they would need to hire a realtor and move. 22 percent in the hole if they want to hire a realtor and sell FHA again and pay 6 or 7 percent of the next buyers closing cost. Jun 16 09:33 AM
    • FHA: Faulty Housing Assumptions? [view article]
      FHA is greet at creating new homeowners. The only problem is they go in the front door and right out the back door! They don't have any money in the deal and are under water on the loan from the get go. THE SALES PRICES are inflated by 6 or 7 percent to cover the closing cost and fees so the buyers are almost 15 percent in the hole if they would need to hire a realtor and move. 22 percent in the hole if they want to hire a realtor and sell FHA again and pay 6 or 7 percent of the next buyers closing cost. Jun 16 09:33 AM
    • The Fuel to Propel Force Protection Higher [view article]
      This stock got hit by a roadside bomb but not totaly distroyed, it could be time to double up cheap. May 07 11:19 PM
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