A Completely New System For Home Financing

[RCA]

I appreciate your earnest effort that you put into this thread. What you offer is not a solution but a dream, a pipe dream at that. No offense intended but this will get no traction.

It depends on your time frame. My time frame goes out a long long ways. I try to put ideas into people heads, in hopes that it will possibly result in some kind of good change ... even that may be way down the road. Change has to start somewhere.


You are clearly not the kind of person who changes the world

 

[James Micozzi]

I see it as a problem, actually several problem rolled up into one bundle. The appraisers like you cry and cry about this without offering a hint of a solution, - I guess in your case you would just as soon trip out.

As far as who will pay for it? You haven't really given any thought, have you? There are many ways to pay for it.

So, in other words, what ideas are you providing as a solution? You are off in a far distant world, where problems don't get solved, you wander off into a sea of quicksand and slowly disappear. But what more can we expect from a liberal New York head?

Bert

You know nothing about who I am. yet you are obnoxious enough to make wild assumptions about what I will or will not do in the future. So, in typical New Yorker fashion, GFU!!!

 

[bnmappraisal]

Well, to be frank, if you own money on it, is it really your house?

100% agree

But then as with any loan, is that "thing" really "yours" while you're making payments? No ... until you pay it off

Welcome to the past 50+ years (FWIW, personally, my wife and I try to stay as debt free as possible)

Not the same thing. When you buy a house , it is important that you not only are capable of making the payments on the base mortgage - but that you also have enough dough to keep the property in good condition

I beg to differ because the bank/lender wants to make their % (interest) ... they don't really want the "collateral"

 

[Joe Flacco]

I don't know if you guys have been reading all the speculation about housing finance reform but learning a lot of stuff I didn't know before.

 

[bnmappraisal]

...guess I have some reading to do

 

[Joe Flacco]

It depends on your time frame. My time frame goes out a long long ways. I try to put ideas into people heads, in hopes that it will possibly result in some kind of good change ... even that may be way down the road. Change has to start somewhere.

You are clearly not the kind of person who changes the world

LOL So are saying that you are the kind of person who changes the world?

 

[RCA]

Bert

You know nothing about who I am. yet you are obnoxious enough to make wild assumptions about what I will or will not do in the future. So, in typical New Yorker fashion, GFU!!!

I'm just returning the same consideration.

 

[RCA]

LOL So are saying that you are the kind of person who changes the world?

Yes, it is pretty easy to change the world one way or another if you have purpose and a philosophy., It's like voting, What is one vote? I would guess you are not the sort of person who puts much stock in voting.

I can really tell who votes and doesn't vote by getting to know them for a while. It's interesting.

 

[Joe Flacco]

Yes.

LOL What have you changed so far? You are running out of time bro.

 

[DTB]

The best citizens are moderates who most likely have a mixture of views that people classify as liberal, moderate, conservative or other. But we, the superior, are simply issue oriented, problem/solution oriented. And, if we use terms like "liberal" or "far-left", it is mostly because it communicates some idea in a superior way or maybe because we are just being lazy. Or maybe being direct and detailed about why you think other people have the views they have, is socially unacceptable.

We are humbled to be in your presence. GFY