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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (114996)	6/8/2000 4:28:00 PM
From: Mani1	Read Replies (1) \| Respond to of 1571698

OT Tim re <<Would my option debt be counted against me when I try to get a mortgage?>> Yes. On top of that, mortgage company's do not like high risk investments. Stocks are considered high risk. Mani

To: TimF who wrote (114996)	6/8/2000 4:40:00 PM
From: 5dave22	Read Replies (1) \| Respond to of 1571698

Tim <OT> <I put in another offer for a house and again it wasn't accepted. I think I'll keep putting in low to moderate offers trying to get a good deal, rather then aggressively trying to pay what it takes even if it means I have to wait a few months. Would my option debt be counted against me when I try to get a mortgage?> My wife just sent me this article. We're also in the home buying process. It's interesting if you know as little as I do about this stuff ... realestate.yahoo.com Hope it helps & good luck! Dave

To: TimF who wrote (114996)	6/8/2000 5:08:00 PM
From: Joe NYC	Respond to of 1571698

Tim OT Would my option debt be counted against me when I try to get a mortgage? I don't remember now how detailed the mortgage application was, because I had to do another application for the board of directors of the co-op building I moved into, which was much tougher than the mortgage approval process. I believe the mortgage company is primarily interested in your income, job history and overall asset balances in your bank and investment accounts, not the composition. I don't think the people evaluating the application are sophisticated enough to read into how the money is invested. They don't like credit card debt, and supposedly they are not thrilled if you have a lot of open credit lines (credit card or otherwise). Joe