Comments on: Owner-Occ Preferred

By: CA renter

CA renter — Tue, 01 Dec 2009 03:49:23 +0000

I love the idea of giving real families a chance to own their own home without having to compete with specuvestors. But we’ve been down this road before…

By: sdbri

sdbri — Tue, 01 Dec 2009 00:16:59 +0000

Sigh, it just means you have a few more homes you should ignore in your home search. Won’t really affect you at all.

By: sdbri

sdbri — Tue, 01 Dec 2009 00:15:46 +0000

In most cases, doesn’t this really mean “Waste 15 days”? 15 days is money.

By: Geotpf

Geotpf — Mon, 30 Nov 2009 19:31:07 +0000

On some websites, the answer is always ACORN. ACORN killed my dog, got my daughter pregnant, fired me, caused my car to break down, etc.

By: Desert Realtor

Desert Realtor — Mon, 30 Nov 2009 03:17:33 +0000

clearfund, the answer is ACORN.

By: Jakob

Jakob — Sun, 29 Nov 2009 21:27:12 +0000

How do they make sure the buyer lives there? Honor system?

By: Sigh...

Sigh... — Sun, 29 Nov 2009 20:35:52 +0000

So….what does this mean to me, as someone who hopes to purchase a home? Does this mean I would have a 2 week window to make offers on those properties without competing with flippers/developers? Do I have to be low-enough income to qualify for public programs?

Quite frankly, I would like to see ALL SFHs have a 2-week “owner occupied offers” waiting period–maybe it would help people who want to and can purchase homes get into one at a reasonable price, and cut out some of the speculation going on.

By: 3rd Generation

3rd Generation — Sun, 29 Nov 2009 18:22:47 +0000

Anytime you feel the need to criticize jtr for his video presentations ( I never have jtr ) take a look at this shyster in Fl for comparison purposes. Larry Yun should use this as a “How NOT to do it video”.
WHO would deal with this douche?
ps: check out the ’skinny’ door in the bathroom leading to the ‘patio’ -lol jeez, I just threw up my coffee, half of americans couldn’t fit through that opening.. This place/dumpsite was built with probably stolen materials from other job sites. No one could on-purpose engineer such a sh*thole for a brand new home…
Do they have building codes in Florida?

http://www.dailymotion.com/video/x5ymem_7720-ficqutte-rd-windermere-fl_people

By: shadash

shadash — Sun, 29 Nov 2009 18:22:23 +0000

Sigh…

Just force banks to realize their losses this will bring down prices. Banks need to learn that there are consequences for making poor loans.

By: Kingside

Kingside — Sun, 29 Nov 2009 17:59:16 +0000

Looking only at the MSNBC article, it does not look like they are changing the HAMP program except to delay payments to servicers until they make trial mods permenant, and jawboning about servicers who are not processing enough HAMP loans.

If they were paying servicers at the trial mod stage, no wonder so few of them are becoming permanant.

It is also not logical that this is in part a response to increased unemployment. The HAMP program requires the borrower to make regular income to qualify.