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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (120500)5/3/2008 11:12:53 PM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
Wow - 37% of FHA loans seller funded, even after the mortgage implosion:

forbes.com

for those who lack the wherewithal to put even a little skin in the game, there's a workaround: a not-for-profit organization can give prospective buyers the teensy downpayment. The spigot is wide open. Of the 180,881 loans that the FHA insured in the first half of fiscal 2008, 36.7%, or 66,337, were seller-funded. With home builders and sellers desperate to make sales in a slowing real estate market, this percentage is likely to grow.

`BC



To: patron_anejo_por_favor who wrote (120500)5/4/2008 12:09:53 AM
From: stomperRead Replies (1) | Respond to of 306849
 
Really nice watching all those together, thanks. A couple observations:

-did Turcotte EVER have to pull the whip out, Secretariat was an absolutely instinctual machine...amazing.

-Kentucky Derby quarter mile fractions for Secretariat...nothing else to say here:
0:25 1/5
0:24
0:23 4/5
0:23 2/5
0:23

-Wonder if Sham (who had a helluva year, including a win over Secretariat) would have been half the horse in the crown races without running against the star

(I'm going to have to poke around on that Wood Mem race...there must be a story there)