No one can buy a house they cannot afford. If they can get a loan for the house, they ostensibly can afford it. It's amazing, the mythology about Realtors and real estate. Does anybody really believe that a Realtor can sell a $500,000 house--by his/her sheer sales ability, not to mention the greed--to someone who is qualified financially to buy a $350,000 house?
Patrick Brown
of OR
@
Jan 07, 2009 15:41:00 PM
Greedy Realtors
A Joe Realtor,ah do you think you also caused this mess by upselling to people who could not even come close to being able to afford the home YOU wanted to show them?
of course everyone wants the Lexus when they pull up in a Yugo!, come on keep it real.
show what they CAN afford not whet you think they can afford.
James Stevens
of TX
@
Jan 06, 2009 15:57:28 PM
Realtor to mlimberg
Sure you don't need a Realtor to buy a house. It just makes it easier.
Patrick Brown
of OR
@
Jan 06, 2009 13:57:47 PM
Downpayment Requirements
It is imperative that accurate information be distributed by the media. There is a responsibility for all of us to play a part in recovery and that includes the media. Any and all articles giving financial advice should be fact checked by volunteer industry leaders to ensure the information getting to the public is accurate.
I understand the media has a right to express their opinions, however they also have an obligation to represent the facts.
Joe Capriotti
of CA
@
Jan 06, 2009 10:11:38 AM
Media is just reporting what Govt officias say
I am closing on a house this month with 5% FHA mortgage with 3.5 pct down. My payment wil be less than 15% of income, but it can be done. Credit crunch is in investment banks. They don't trust each other.
Billy Hale
of TX
@
Jan 05, 2009 21:19:54 PM
America to Realtors:
Get lost, we don't need you to buy a house.
mlimberg
of GA
@
Jan 05, 2009 16:55:44 PM
America to Realtors:
Get lost, we don't need you to buy a house.
mlimberg
of GA
@
Jan 05, 2009 16:55:44 PM
gee .. how did we have this housing meltdown
if the standards were 20% down no matter what and/or MGIC insurance to boot?
liquid valium online of TN @ Jul 02, 2009 15:06:30 PM
verita pharma adipex of NH @ Jul 02, 2009 14:33:34 PM
Patrick Brown of OR @ Jan 07, 2009 15:41:00 PM
James Stevens of TX @ Jan 06, 2009 15:57:28 PM
Patrick Brown of OR @ Jan 06, 2009 13:57:47 PM
Joe Capriotti of CA @ Jan 06, 2009 10:11:38 AM
Billy Hale of TX @ Jan 05, 2009 21:19:54 PM
mlimberg of GA @ Jan 05, 2009 16:55:44 PM
mlimberg of GA @ Jan 05, 2009 16:55:44 PM
LarryG of VA @ Jan 05, 2009 13:08:07 PM
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