SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. - Off-topic postings
CSCO 71.08+0.1%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JDN who wrote (20)11/28/2007 8:14:49 AM
From: RetiredNow  Read Replies (2) of 230
 
Whew. I've never messed with ARMS because of the bump after the initial low interest period. But if your plan is to sell the house, 3 years seems like a pretty good bet. But it really depends on where you live. If you live in an area that is land constrained like in New York or Silicon Valley, then sure it will sell. If you live in an area with alot of empty land, then it might take a very long time. I'd ask a local realtor what the average months to sell is in your area. If it's higher than 3 years, then go to the 5 yr ARM. Otherwise, stick with what you've got.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext