On a path to a housing rebound...

NEW -> Contingent Buyer Assistance Program
[quote author="stepping_up" date=1214602753]I read about the credit crunch, but am just not seeing it personally. Frankly I'm shocked by how much credit has been extended to us on firsts and HELOC lines at B of A and BT transfer offers for life at 1.99 and 2.99 at Capital One and Chase, respectively.</blockquote>


Personally seeing and experiencing the credit crunch...you will FEEL it if you're probably looking for a HELOC, HEL, Mortgage and if you're a business owner who has to deal with Factors, Line of credits etc.



But if you're a simpleton who saves and rents a place....the sky is still rosey :)
 
Mortgage in Nov and immediate HELOC for MORE than we put down. Mortgage in May with an immediate HELOC for MORE than we put down. Seriously, we could over 100% finance both houses if we used the HELOC.
 
^^^ pulling the tiger's tail is not a fun passtime.



Even I can't do that, but business loans are a bit different and safetys are put in place so you can't.

-bix
 
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