OK BB, I never saw "Buy one get one free" in the 90's

[Hugo Chavez]

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

[Dos Equis]

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.   

[stormshadow]

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.

[Straw Man]

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

[calmus]

They are still available.  You just have to know where to look

Actually, you just have to have the income to service one. 

[stormshadow]

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.

[War-Horse]

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??

[Straw Man]

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