Florida Condos - The Bank is Your Friend Right Now! »
Posted By altnrg 4 months, 1 week ago in NewsDuring the boom almost any beach front condo in Florida qualified for Fannie Mae financing, but that's not the case anymore. In fact, the situation has entirely reversed. In 2004 almost every condo qualified for financing. Today, almost none do. So basically, the value of condos are transitioning from a leverage based price to a cash based price.
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calitennflo4 months, 1 week ago
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Since when has any bank been your friend...well there are exceptions like the Bushes who I hear got loans they never had to pay back...but we the citizens do not want things like that...we want them equal. No Bank will ever be my friend, and a bank does not get a vote! Only people do...and it has nothing to do with any bank or corporation.
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