- 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
0
Posted on 5/25/20 at 11:09 pm to AUriptide
I had just gotten pre-approved for a mortgage and picked out the house I wanted when Adult Snow Day was declared. I dropped out of the market immediately when that happened. I will be looking to buy the house I originally planned on paying almost $400,000 for at the low, low price of $201,000 just as soon as the owners are comfortable showing it to me.
Posted on 8/21/20 at 12:29 am to USMEagles
I noticed something interesting while reviewing our escrow statement tonight. Do any of you baws have newer USDA government backed loans? We bought in 2009 and paid half a point to lock at 5%. I noticed now that there's a box for a USDA fee. When in the help did they start doing that? We went USDA over FHA to save costs so it looks like we may have jumped in just in time. We got the new home buyers refundable tax credit too (they basically paid us to take a house off the market.)
Posted on 8/21/20 at 5:45 am to AUriptide
Have you factored in the skyrocketing prices of building materials?
Many will be discouraged from building right now which will suck up some of the "used" inventory.
Many will be discouraged from building right now which will suck up some of the "used" inventory.
Posted on 8/21/20 at 5:50 am to MSUDawg98
quote:
We bought in 2009 and paid half a point to lock at 5%.
If you're still paying 5%, you're doing it wrong.
You better refinance by sundown to save $$$.
Posted on 8/21/20 at 6:03 am to LSU1018
quote:
I don’t suspect we will see that decline until late 4th quarter and 1st qtr 2021. I do agree that you should have some good opportunities!
I don't think you'll see it until the end of 2021. Foreclosure takes a long time under normal circumstances, covid rules in effect will take even longer. Once you start seeing short sales you'll know.
Posted on 8/21/20 at 6:57 am to YeahYeah
quote:
Anything less than 20% down and you're carrying PMI until you have 20% equity in the house.
Even this depends on the bank.
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News