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The Great Las Vegas Real Estate Scam

By Patrick   Follow   Wed, 15 Feb 2012, 5:33pm   633 views   4 comments
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http://www.businessinsider.com/the-great-las-vegas-real-estate-scam-2012-2?utm_source=patrick.net

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1. elliemae Follow Befriend (25) 416 threads 7,008 comments Saint George, UT elliemae's website

   1   8:22pm Wed 15 Feb 2012   Share   Quote   Permalink   Like   Dislike   Good article - except for the part that suggests the US should pay 20% down payment for renters to become homeowners. If that's the case, they should pay me back for the 20% I saved & put down on my house.,

2. bgamall4 Follow Befriend (14) 817 threads 2,811 comments 63 male Las Vegas, NV bgamall4's website Premium

   2   10:07am Thu 16 Feb 2012   Share   Quote   Permalink   Like   Dislike   Thanks for the overall comments on my article.. Keep in mind that without down payment help on a sound loan, all that is left is an easy money loan with just a little or no down. We saw what happened when those kinds of loans failed.

3. zzyzzx Follow Befriend (9) 434 threads 4,247 comments Baltimore, MD

   3   10:23am Thu 16 Feb 2012   Share   Quote   Permalink   Like   Dislike   Just another person who wants to be generous with other people's money. Only part I agreed with was the part about the wholesale sale of properties to keep individuals from buying houses.

4. bgamall4 Follow Befriend (14) 817 threads 2,811 comments 63 male Las Vegas, NV bgamall4's website Premium

   4   10:36am Thu 16 Feb 2012   Share   Quote   Permalink   Like   Dislike   zzyzzx says Just another person who wants to be generous with other people's money. So what is your solution? Easy money no money down loans that fail? The down payment is the problem with housing that is otherwise extremely affordable.