Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Re: I have an interview...
Old 10-06-2005, 08:15 AM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: I have an interview...

Quote:
Originally Posted by Laurence
But your qualified Lending Agent has several attractive lending vehicles to help you get into this house of your dreams!*
Ooooh! Option ARMs! The cause of the coming real estate implosion! You have to laugh at an industry (mortgage lending) that is so desparate to keep their rolling boom going that they literally create a product that is destined to result in tragedy.
__________________

__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: I have an interview...
Old 10-06-2005, 08:40 AM   #22
Thinks s/he gets paid by the post
cube_rat's Avatar
 
Join Date: Jul 2005
Posts: 1,466
Re: I have an interview...

Indeed, there is bubble like you would not believe in the SF Bay Area. Things are slowing down. Houses are staying on the market longer. Prices are being cut in certain areas. It's a matter of time before a correction sets in.

Speaking of ARMS. I had one the first year. I just re-fi'd to a seven year fixed. Just to give you an idea of my personal ARM situation: In June 2004, my I/O payment was $1375.00. In July 2005, it was $1750.00. I don't know how others with 1mil dollar ARMS are coping right now. Yes, I said 1 million. My best friend is mortgage broker and routinely does I/O for 1mil +
__________________

__________________
fuzzy? cute?
cube_rat is offline   Reply With Quote
Re: I have an interview...
Old 10-06-2005, 04:19 PM   #23
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,616
Re: I have an interview...

Quote:
Originally Posted by brewer12345
... that is so desparate to keep their rolling boom going that they literally create a product that is destined to result in tragedy.
One word: Enron.
__________________

__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Opportunity to Interview 401k Company - Help NinjaPigeon FIRE and Money 7 03-28-2007 06:39 AM
Exclusive Interview with Nords!! Early Retiree from the Military Billy Life after FIRE 65 03-27-2007 02:40 AM
Burton Malkiel interview on US News and World report magellan_nh FIRE and Money 0 01-08-2007 03:02 PM
Interview: Technical Interrogation cube_rat Young Dreamers 48 05-08-2006 07:21 AM
Heard an Interesting Interview on SS today........ Cut-Throat FIRE and Money 36 09-09-2004 11:07 AM

 

 
All times are GMT -6. The time now is 07:07 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.