One of my all time favs. Besides BTR, Human Touch, Rosie, Sandy, Saint in The City, Bobby Jean, Because the Night,…….

I agree that it is wrong. Then again, so much of what is wrong feels so bloody good, as is the case with this particular sport.

In the words of ASCAP “I make music.”

I think we have all but given up on Montclair for the 2nd home purchase. We are almost entirely focused on Glen Ridge now. Very little inventory, so I think we are just waiting to see what comes online in the spring.

Vegan friends disappointed in me because I won’t vote for Corzine. Better not let em know that Stu gave Lil Gator some meat or they’ll probably run us our of town before we are ready to go.

http://www.deadmalls.com

sl

Yikes, the scenario we are all talking about here is a house that is significantly under water and you get laid off, no prospects. Not exactly far fetched. So, off the top of my head, 20% down vs 3.5% down is like a 300-400 dollar a month difference on a 400-500 house?
So lets say you put 20% down then go belly up, house is worth 30% less and you have no income. My guess is that 20% down price will be just as impossible to pay than the 3.5% price if the unemploymeny goes on long enough. So in the end, there is no real benefit to putting all that money down. The PMI is reasonable insurance to be able to maintain a very sizable sum of money in your accounts.

but barbara, how likely is it that if you buy a house today, that it will lose 30% in value?

maybe if you bought in 06/07 your house dropped 30% … but do you really think prices will go down 20/30% from here? there might be 2-3 areas in the country where that is remotely possible (LV, Cali, Fla).

and since we’re dealing with fictitious scenarios … I’m going to guess nobody is going to put down 20% right now and have NOTHING left in the bank. that is suicidal.

again – i agree with 90% of what the folks on this board say. they have helped me greatly (selling before it got bad, gold, SKF, etc). perhaps i feel a big downpayment is wise because that’s what we did. but i really believe that jingle mail is not nearly as easy as it sounds (unless you bought in 05-07).

Yes, and you should have a sign on the lawn that says “Guns should be banned.”

A tad excessive, donchya think?

Kettle is right, problem with using a rifle for home defense is high velocity slugs flying through the countryside.

Very dangerous. low velocity handgun slugs or shotgun much safer.

You gon be OK, chincapoo? Some folks are worried boutcha.

Look grasshopper, I didn’t say two words to you did I? What’s say we try this–don’t speak to me unless you’re spoken to by me. NOW SHUT UP!

You’re bugging me and I don’t like it when people bug me.

278.Pat says:
October 8, 2009 at 10:22 pm
X-underwear, you down here yet?