maganda asked:


Hello. I am to try d& #39; to buy a preclusion à San Diego, which is a simple résidence of the family with a total of 528 feet carrés. One m& #39; qu&amp said; #39; it is difficult for the banks to finance less anything than 600 feet carrés. the house is in the fine shape, but its small. J& #39; have financing need as quickly as possible, because the bank déjà accepté my offer. Thank you.

Melvin

BeachBum asked:


Today in a press conference, while discussing a Home Mortgage Agreement designed to help home owners in today’s financial crunch, Bush Jr stated the program is not for ppl that got mortgages they knew they couldn’t afford.

Now… I’m kind of scratching my head here….

Why make a program to only help ppl THAT CAN AFFORD their mortgage… this is not making sense to me.

1. Like who on Earth would say, “Oh let’s get that mortgage so we can lose our house because we KNOW we can’t afford it.”

2. Half the problem is admittedly due to banks giving mortgages THEY KNEW the ppl might not be able to afford.

Amber

BM asked:


I’m planning to do a short refinance (get FHA loan and let lawyer to negotiate price reduction with a bank). Are banks doing price reductions? There are some companies doing this (ShortRefiMe), had anybody have experience with them?

Caffeinated Content

vtown_german asked:


Would it be best to go through banks, credit unions or other lenders that mortgage brokers might suggest? What are competible and reasonable mortgage rates? Is 6.25% legit for an first offer or should I definitely keep looking?

Craig