Montefiore is not in the best of areas. I was born and lived in bronx and can’t even recall a hotel to stay but maybe there is. I would recommend westchester as a better place to stay (or nyc)

Pay cuts and pink slips are what people are getting and this couple are anticipating being able to afford a mortgage on higher future earnings. The future with the unaffordable monthly payment is only three years away for them . If they have a baby they will immediately be unable to make the mortgage because of the child care bill. I wish I could sit them down and say “make sense!”

The stock AT&T has a current dividend yield of 6.30% based on Yahoo just now….stock price of $25+.

Tomorrow the stock goes up $2 to $27+ and you comment “AT&T taking a dive. 6%”

No….it’s flying through the roof…

Dude: You get to ream me out twice, and also an extra free shot calling me OCD. All I did was explain myself. You are the c-cksucker. You smacked the sh!t out of me twice, and now you complain about it? WTF?

You made a comment that would make you sound like a stupid ignorant sh!t to anyone in finance. Sorry I corrected you.

X [205],

Kind of sums up the last 8 years.

Do you think they came up with that phrase or was it put in their head by the realtor? They can’t even make the payments on their current income in 3 years…sounds like a great freakin’ idea
This country has an unlimited supply of morons.

A good lender should be able to run a pre-approval in about 20 minutes.

I submitted all paperwork with Chase to get a mortgage preapproval the first week of June.

I am still waiting. No joke.

I mean Chase IS a joke but I am not joking. They claim people who are actually buying has created such a tremendous backlog that its taking longer than normal.
Also I don’t have enough credit cards so it had to go to an underwriting committee. Thanks Amex.
I am not paying for the pre-app because Chase’s affiliation with my company results in a waived fee but still. THREE MONTHS for a preapproval!!!! F them.

Chi,

RI is falling into the Narragansett. Have lenders finally caught on?

Chi,
You start a b!tch fight and then call truce as if you’re on the defensive.
This is getting old already.
Seriously, try to pass your time in a more constructive way.

The “average” crane operator salary is
32-50K in the US according to salary.com

http://swz.salary.com/salarywizard/layouthtmls/swzl_compresult_national_SC16000126.html

The wife must be some hair dresser.

JS, read that this AM… some are legit, buying $100k’ish houses. But, my fav is the crane operator buying the $750k house in Cali that needs the $8k credit.

Unreal.

What I bought with my $8,000 tax credit

http://money.cnn.com/galleries/2009/real_estate/0908/gallery.first_time_homebuyers/6.html

A collection of feel good stories brought to you by 3 1/2 percent down FHA loans.

This is going to end well.

ruggles: It is interesting, there are a lot of providers out there, but many completely avoid RI. I am wondering if this fact is specific due to regs or business opportunity.

Are BOA, Chase, Sovereign a waste of time, or are they good options here?