patrick.net

But I rarely see an FNMA owned property on the MLS. Was looking for the past 2 years and probably came across 4 of them.

They owe us the taxpayers billions of dollars and yet hand money out to their protected interest like its hot potatoes.

NO. this is not 1st time homebuyer credit : EVERYONE will get it who buys thier homes.

ALSO: lets remember FHA will always allow seller to contribute up to 3% toward closing - so that makes all fha loans potientially 99.5% LTV from the start (one half percent down payment).

The 8k first time credit was ON TOP of these already juicy freebies.

PockyClipsNow says

NO. this is not 1st time homebuyer credit : EVERYONE will get it who buys thier homes.

Thanks for pointing out. I've changed the subject. Let see if this fits better. Don't hesitate to chip in if you have a more suitable subject. I juts can't stand all these gimmicks from government trying to rob taxpayers and put the money in banksters' hand. What make it worse is the threat if taxpayers don't buy the overpriced houses now, they will, for sure, rob the taxpayers again.

An extra $1,200 for the agent?? Are you fucking kidding me?

So let me get this straight.....The buyers are goosed into the purchase by having that 3.5% downpayment completely eliminated by subsidy, and the agents are still collecting their 6% commission on the purchase...and we are going to throw an extra twelve-hundred dollars at the agent for doing.......absolutely nothing?

I'm about to grab my torch and pitchfork and head to the National Mall...