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re: House prices drop from $480k to $437k from Q4 2022 to Q1 2023.

Posted on 5/27/23 at 7:54 am to
Posted by RTRinTampa
Central FL
Member since Jan 2013
5532 posts
Posted on 5/27/23 at 7:54 am to
quote:

Day of contract his realtor reached out and asked if we could agree to the list price, but he would front all of the concessions at close to cover money down and closing costs. Effectively asking me to allow him to pay my down payment so the record reads as if I bought the house for list which I bought I well below list + 4k worth of furniture.


That may be illegal dependent on the type of loan you're using.
Posted by The Goat
Right here, Chief
Member since Nov 2006
3001 posts
Posted on 5/27/23 at 8:39 am to
quote:

Clinton's crash


**Clinton's idea

The idea of home ownership for all was an altruistic proposition by Clinton. It was roundly rejected by Wall Street and had no legs...............UNTIL, those crooked bastids on Wall Street figured out a way to reap the up front benefit of sub-prime garbage, make 6 points, then bundle that garbage with "A paper" loans in loan pools and sell them as "low risk" securities
Posted by USMCguy121
Northshore
Member since Aug 2021
6332 posts
Posted on 5/27/23 at 8:41 am to
So my homeowners insurance should go down too right lmao
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