Landlord
 |
Yes, they just need good credit.
ARMS are still going out as well. |
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Kris
|
we had sold our house in july
it is a 9 bedroomed house with 5 bathrooms
(pretty big, but we have a large family)
anyway apparently last week they asked me mum for less because of intrest rates and my mum had already lowered the price like 10,000 for them
so we back for sale
so not many peole are being able to afford
because of silly america and there stupid credit crunch! |
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NYCgal
 |
congrats on your new baby!!
I'm sure people are buying homes but not as much as they used to. Be patient. What's the rush? The baby won't be going to school for a while so you shouldn't worry too much. It's not good for the baby! :-) |
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Core
 |
Now's a great time to buy, a horrible time to sell. There are loans out there, but they're picky now so really good credit is required. |
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Ryan K
 |
yes, the problem is there arn't enough ppl to buy all the houses, DONT SELL HOUSE |
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golferwhoworks
|
sure you can buy the market is awash with homes but selling the one you have may be a problem. Now if you just leave and foreclose then you will not be able to purchase again for not less than 4 years and your credit will suffer and you will get sued for the balance and maybe even pay taxes on the loss |
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Pulu Si Bagumba
|
People can get loans, yes, but the availability of funds is more limited, so they are extremely selective in giving them. |
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patticharron
 |
Of course people are able to buy houses right now. As we head toward the holidays, the market slows, which is normal. And as we head toward an incompetent taking over as president, the market will likely come to a halt right before it collapses.
If you have owned your home for just a year and you got a good deal on it, you might do well to work it out to stay put. The house will only appreciate for you. At this point, you likely have very little equity and stand to lose your downpayment and walk away with next to no profit.
I don't know what you mean by "leave and start over." Your married homeowners expecting a child. It's an excellent position to be in.
In most areas, the cost of rent is easily equal to a decent mortgage payment.
Given where things are headed, it is, extenuating circumstances aside, that you stay right where you are. |
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mzdrea08
|
Yes, people are able to get loans right now. But your problem will be selling your home. Good luck. |
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bfhshumayun
|
right now is the best time, the housing market is down and you can get a steal!!!! |
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Star Gazer
|
I do not understand what the baby growth rate has to do with anything.
Anyone with good credt can get a loan. the banks have only stopped giving loans to people that should not have gotten a loan anyway. Why would you wnat to leave and start over when you just started. A baby is better off in a home. I do not understand what an exotic mortage is either. |
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Amber W
|
Right now, they buyer's market is FANTASTIC. But the seller's market is difficult -- like usual in the housing market, location is a key factor. Your house could sell right away or not sell for months. Selling right now is risky, but buying is the best it will be in a few decades. |
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♪ live love music ♫♪
|
its a good time to buy because everyo ne is selling, but then it might be hard for someone to buy YOUR house.
idk
good luck. |
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Anon Kirby
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It's a buyer's market now, and not so great for sellers.
People can get loans still, with excellent credit, steady income and more than 10% down payment. |
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scullycj
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I will not try because I expect to get a pink slip any day now...
Oh what's this... >POOF< |
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nemeczek
|
make it 20% down payment... |
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To ∞ N-Beyond
 |
of course they are. its the seller having a hard time |
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