- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Condo Finance Advice
Posted on 10/23/12 at 10:56 pm to bryso
Posted on 10/23/12 at 10:56 pm to bryso
i bought a condo in 07 and it's lost about 20% in value. it was my first "home" and times were good back then and i didn't have to put any cash down, as there were a ton of programs available for first time buyers...
the rate i got at the time was 6.3%... i could obviously save a killing with a refi, but i've run into the same FHA problem. And what's brutal is that Freddie Mac owns my current mortgage.. They just won't take it again...
i don't know what the hell to do.. just sucks.
only advice i would give anyone is to never ever ever buy a condo. i could write a dissertation on the problems i've had..
the rate i got at the time was 6.3%... i could obviously save a killing with a refi, but i've run into the same FHA problem. And what's brutal is that Freddie Mac owns my current mortgage.. They just won't take it again...
i don't know what the hell to do.. just sucks.
only advice i would give anyone is to never ever ever buy a condo. i could write a dissertation on the problems i've had..
Posted on 10/24/12 at 12:21 am to SlidellBammer
I agree to never buy one. It's a terrible idea. 90% of the time
Back to top
Follow TigerDroppings for LSU Football News