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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Hugo Chavez on June 09, 2008, 04:10:58 AM

Title: OK BB, I never saw "Buy one get one free" in the 90's
Post by: Hugo Chavez on June 09, 2008, 04:10:58 AM
Slow home sales? Buy one, get one free in San Diego
http://biz.yahoo.com/rb/080603/usa_housing_sale.html?.v=4&.pf=real-estate
Title: Re: OK BB, I never saw "Buy one get one free" in the 90's
Post by: Dos Equis on June 09, 2008, 12:16:44 PM
Quote from: Hugo Chavez on June 09, 2008, 04:10:58 AM
Slow home sales? Buy one, get one free in San Diego
http://biz.yahoo.com/rb/080603/usa_housing_sale.html?.v=4&.pf=real-estate

I'll be in San Diego in a couple weeks.  Maybe I'll go check them out.   :)
Title: Re: OK BB, I never saw "Buy one get one free" in the 90's
Post by: stormshadow on June 09, 2008, 12:33:20 PM
Quote from: Beach Bum on June 09, 2008, 12:16:44 PM
I'll be in San Diego in a couple weeks.  Maybe I'll go check them out.   :)

Yes, if you buy a home for 1.6 Million, on a Jumbo loan which nobody can get these days.
Title: Re: OK BB, I never saw "Buy one get one free" in the 90's
Post by: Straw Man on June 09, 2008, 12:40:27 PM
Quote from: stormshadow on June 09, 2008, 12:33:20 PM
Yes, if you buy a home for 1.6 Million, on a Jumbo loan which nobody can get these days.

They are still available.  You just have to know where to look
Title: Re: OK BB, I never saw "Buy one get one free" in the 90's
Post by: calmus on June 09, 2008, 01:18:08 PM
Quote from: Straw Man on June 09, 2008, 12:40:27 PM
They are still available.  You just have to know where to look

Actually, you just have to have the income to service one. 
Title: Re: OK BB, I never saw "Buy one get one free" in the 90's
Post by: stormshadow on June 09, 2008, 01:19:41 PM
Quote from: Straw Man on June 09, 2008, 12:40:27 PM
They are still available.  You just have to know where to look

In practical "Real Life" terms No, they are not available, because the stated income options have been wiped out.
Title: Re: OK BB, I never saw "Buy one get one free" in the 90's
Post by: War-Horse on June 09, 2008, 01:30:15 PM
Quote from: stormshadow on June 09, 2008, 01:19:41 PM
In practical "Real Life" terms No, they are not available, because the stated income options have been wiped out.


The old "Liars loan".    Has the industry cracked down on these??
Title: Re: OK BB, I never saw "Buy one get one free" in the 90's
Post by: Straw Man on June 09, 2008, 01:33:32 PM
Quote from: stormshadow on June 09, 2008, 01:19:41 PM
In practical "Real Life" terms No, they are not available, because the stated income options have been wiped out.

Stated still exists for true jumbo but they are more scarce than before - if you're actually in the market you could look at Downey or Wachovia just to name a few