Can anyone (including Redin folks monitoring this board) recommend a few home inspectors that would cover the west suburbs, preferably that you’ve used for a single family home?
Thanks
Say since the Obamas are considered THE RICH, and will have to fork out much more in Taxes to pay the Obama debt he created. They have around a 8,000 dollar mortgage to pay each month , unless its paid off because of Obamas books he sold. Say they didn’t pay it off?
The house was purchased for 1.6 million, so mortgage is around 8k or more.
Michelle gets her old job making 300k, govt takes 60 to 70% of that , she has 100k left for a year.
Thats POOR in CHICAGO!
Good luck with that Obamas.
I don’t know if its paid off- it might be because Obama made 4 million on his books.
Its not the point, the point is taking more from the Rich isn’t the answer!
It won’t even help at this point we are in so deep!
All the money in the world can’t help America right now!
Investors take lower returns for less risk.(Commercial)(CHICAGO-BASED REAL ESTATE RESEARCH): An article from: Mortgage Banking
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Title: Investors take lower returns for less risk.(Commercial)(CHICAGO-BASED
HI all!
With this mortgage crisis and down home prices, Is it right that now is the right time to buy a new home for first time buyer?
That’s what I think and someone suggested now is the good time as the prices for homes have gone down.
By the way, I have good credit and excellent fico score so will getting a loan be still a hard thing due to this credit crunch or whatever they are talking about?
I am in Chicago area and if you have any suugestions or advice about when and how to about looking to buy new house, i will be happy!
thanks
They will not pay any taxes PERIOD, they will do like Charlie Rangel and put everything off shore.
I’m sure the Obamas appreciate your concern, but you needn’t worry. Ex-presidents tend to do just fine.
Of course you realize that the VERY rich know how to hide their money. Only the little people pay taxes.
Yes. The Obamas have been and are able to earn a great deal of money. I wouldn’t spend too much time worrying about their income if I were you.
The problem with conservatives is that they are so focused on worrying about the incomes of the wealthy that they don’t seem to notice how the middle class is declining and actually shrinking. The rich possess almost all of the wealth in this country.
You should spend more time worrying about the other 90%+ who are not doing as well as the wealthy.
The Obama’s were almost in personal Bankruptcy until Michelle was given a cushy job at a Chicago Hospital by Valerie Jarett
Why would the Federal government take 60-70% when the highest income tax bracket in the country is 35%?
http://www.moneychimp.com/features/tax_brackets.htm
For someone who lives in a trailer park, you worry an awful lot about the Obamas. I don’t see your concern for the Bushs.
We tax payers pay for the former presidents existence until they pass away, so, we are stuck with Carter, Bush 1, Clinton, Bush 2 and now Obama
Sure they will they are good at conning people. They have it perfected.
Obama is crooked so I am sure he will have no financial problems.
First of all, the tax on the rich is not so high that any of their livelihoods would be affected
http://static.open.salon.com/files/graph1237160115.jpg
Taxes have been much much higher in the past, Obama’s tax plan is LOWER than it was at the start of Reagan’s presidency.
Also why are you acting like him getting money from selling his book is unfair? I thought you were for a free market?
They afford it before he became president didn’t he? The recession happen on Dubya watch in 2007. Why are you Obsess with the First Family and black people? Why do you hate blacks so much? I believe 2% of Americans make over 250,000 and IMO pay less in taxes. ♀
The truth of the matter is, there are always good deals in real estate if you take your time and search. At the same time there are a lot of bad deals if you don’t take your time during the buying process. As far as the credit crunch, try to qualify for an FHA loan they are insured the the government and have many protections that other mortgages do not.
Here’s a good regional test that applies to any metropolitan area in the United States . . . Is land or space limited? Can I drive at a reasonable pace one hour in any direction without seeing construction on yet another condo complex or development? If the answer to both of these questions is yes to both of these questions it may be a good time to buy (you may experience some volatility in the market but your recovery should be swift). However, due to the overall market turmoil you may have to wait three to five years to see a return on your investment. If you are buying for investment reasons consider an alternative vehichle.
This an excellent time to purchase, since real estate values have fallen due to the subprime/foreclosure mess. You will find an excellent selection of properties from which to choose, since the market is nearly flooded with properties.
You should have no difficulty in obtaining finance, given your good credit. The only folks affected by the change in finance criteria are those who are marginal or poor credit. There is not a shortage of mortgage funds. It’s simply a tightening of criteria as to who qualifies for a mortgage.
Chicago at prices stay
You can read V-E-R-Y interesting advice and proposals here. http://real-estate-note-buyers.blogspot.com
taken care of and faith! Good luck!