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Hey Dan, this is perfect for you. I helped you fill out the application.
1.NAME..........
Dan
2.SEX..........
At Georgies.
3.AGE..........
80+
4.CONTACT..........
through Patnet.
5.COUNTRY..........
Merica.
6.PHONE..........
(800) FUCK YOU
7.AMOUNT NEEDED..........
Lots.
8.LOAN DURATION:.........
40 years
9.PURPOSE OF LOAN..........
Buy a car.
10.OCCUPATION..........
This and that.
11.GENDER..........
ha ha ha.
12.YOUR MONTHLY INCOME..........
Not much
13.MODE OF REPAYMENT:.......... Collection Agency.
Sophie,
I don't understand how you asked for some advise and people just changed the topic to how terrible it is to live there. If I am not wrong, you probably cannot or do not want to leave the area. So here is my piece of advice:
The fact that you expect to be there for the next 15 years doesn't necessarily mean you will be. Even if you were, it is really no justification to make such a big purchase with the biggest $$ you got in the bank. To my knowledge, it would be a very risky move most likely to fail.
If you can afford $2780 in rent, what makes you want to change that? Do you live ok?
No need to have that money rot. With a little reading and research, you can invest that money over the long term so it is not "rotting". Your bank is making use of that money, so it technically not "rotting". Someone is benefiting from your money. It is just not you :(
If in doubt always stay on the side of safety
for 850k loan i'm gonna need pictures of ms rita and ms kimberly.....lots of pictures...
GOD fearing woman Mrs.Rita to help me with a loan of $ 850,000.00, which is a God-fearing woman if you are in need of loan and you will pay the loan please contact her to tell Mrs.kimberly is referred you to her. Contact Mrs.Rita via email:
Hello everyone, My name is Ms. kimberly Who. I live in Bolivia and I am a happy woman today? and I told myself that any lender that rescue my family from our poor situation, I will refer to anyone who is looking for a loan he gave happiness to me and my family, I was in need of a loan $ 850,000.00 to start my life all because I am a single mother with 3 children I met this honest lender which Email is : mrsritaloanhelp@gmail.com, and loan GOD fearing woman Mrs.Rita to help me with a loan of $ 850,000.00, which is a God-fearing woman if you are in need of loan and you will pay the loan please contact her to tell Mrs.kimberly is referred you to her. Contact Mrs.Rita via email:
he he he.
First it's the Nigerians, then the Chinese, and now it's the whole world.
Hello and thanks for a very informative article. I agree with all your points. However, my question is, how will these predictions affect affluent and highly desirable locations such as Los Angeles. We're trying to buy an average 3 bed 2 bath home, around 1600 sqft in Sherman Oaks, Los Angeles for us to live in. The price tag on such houses are 850k+ built in 1950's with over a million dollars for a little more attractive and remodeled homes. We own 2 rental properties in central california at 250k a piece which give us about $500 positive cash flow. A million dollar home or even 800k is way out of our budget. I've always wondered if those houses will drop in price too? or because they're in such demand they will continue to rise and we will never be able to purchase one. Even if the prices drop, there are a great deal of cash investors in Los Angeles or even people like us who are awaiting a crash, that will drive the prices up again. At least that's my assumption. So on one hand, I'm debating whether we should buy cheap income producing properties now and pay off our existing homes and build equity in that sense or buy whatever we can afford in LA and rent it out even if we're not gonna break even monthly. That way we can capture the gains of LA. What is your opinion? We can afford something around 600k. Should we find low income areas and buy cheap rental properties for the cash flow? Or buy a house in LA to either live in or rent out to capture the gains. That way 5-6 years down the line when we're financially ready for our purchase we can sell and buy a decent home. Please advise! Thank you!
11: You are buying a loan, not a home.
Funny, when I leave work--I don't drive to my loan. I don't park my car in my loan. I don't sleep in my loan's master BR.
I have been a long time reader of Patrick and have been sticking with renting since 2007. Instead of buying a place, I put some of that money in the stock market...then the 2008 crash happened and I lost money. I took my money out of stocks/bonds and just kept it in the bank. I stuck with renting instead of buying in 2008 when house prices sank... and now they are up as much as they were up from 2003-2008. So, I basically timed everything horribly.
My simple question is this, if I was to just keep my potential housing down payment money in a savings account instead of putting it in the stock market, then is it still better to rent vs. buy now? I can get at best 1% return on the savings account and I'm not sure what the inflation rate is. And, I find the stock market just as risky as the real estate market right now. Both could crash.
And, if I had $400k, and I allocated $200k for a down payment on a house, and kept the other $200k in savings, is it still not wise to buy? If so, what is the logic there?
I can get at best 1% return on the savings account and I'm not sure what the inflation rate is. And, I find the stock market just as risky as the real estate market right now. Both could crash.
A 1% return is a ridiculous investment strategy. So yes, you need to do something else with your money. I sense that you are the type of person who is so terrified of a loss that you'd rather let inflation eat away at your principle than risk some catastrophic investment that wipes you out. Obviously, the worst case scenario could happen, but you really cannot live your life that way. That's kind of like shutting yourself up in the house because you are afraid of being mugged. Sure... a mugging is a possibility, but statistically speaking it's not very likely. You are going to have to take a chance on something, at some point or someday, your $400,000 risks turning into chump change.
I sense that you are the type of person who is so terrified of a loss that you'd rather let inflation eat away at your principle than risk some catastrophic investment that wipes you out.
That is probably pretty accurate :) But, I'm not totally terrified... I do have a decent amount of my 401k money in stocks, and I do own a condo that is being rented... but I'm mostly cash for now... waiting for a slightly less bubble-y environment in both real estate and stocks. I do want to diversify more, which is why I asked if in a hypothetical scenario if I had $400k of cash available, if investing $200k or $300k as a down payment on a house makes sense in this crazy housing environment.
IMO, owning one house is a neutral and safe position. Owning less than one is risky. The only reason not to own one house is the desire to be mobile. In your situation, owning and renting out a condo while renting a place to live sounds reasonable. Sitting on $400K in cash does not sound reasonable to me. It sounds way over-cautious. If you put it into stocks, you risk a downturn in the stock market. If that happens, taking money out after the crash would be shooting yourself in the foot. So putting money into stocks requires being willing to ride out a down market (and not use the money for a while). In other words, you have to be willing to not buy a house with 20 down in the near future. OTOH, in that instance, you could sell your condo, and use the proceeds as a down on a house.
Would the following justify buying an "expensive" home in today's climate based on some of the notes I provided previously:
- Keep the condo and keep renting it out
- Leave the 401k alone and keep the investments somewhat aggressive assuming retirement is 30yrs away
- Assume there is enough cash for 1yr in case of job loss
- If the left over is $400k as mentioned above, does it make sense to put 50% on a down payment on a new "expensive" home (where the rent would be 3% or purchase price)... and the other 50% in stocks/bonds... or is it better to put all 400k in stocks/bonds because according to Patrick, it's a terrible time to buy an expensive home (which I sort of agree with, but is it also a terrible time to put the would-be down payment money into stocks/bonds?)
but is it also a terrible time to put the would-be down payment money into stocks/bonds?)
I think it's not a great time to invest in a house or stocks, but you can't go back 7 years and invest then. It's now or later, and it's just worse to sit on a huge idle pile of cash unless you are trying to make a huge market timing bet. Study the local market, see if it makes sense for you. There are intangibles to consider. There is no right answer based on what you've given.
Would the following justify buying an "expensive" home in today's climate based on some of the notes I provided previously:
- Keep the condo and keep renting it out
- Leave the 401k alone and keep the investments somewhat aggressive assuming retirement is 30yrs away
- Assume there is enough cash for 1yr in case of job loss
- If the left over is $400k as mentioned above, does it make sense to put 50% on a down payment on a new "expensive" home (where the rent would be 3% or purchase price)... and the other 50% in stocks/bonds... or is it better to put all 400k in stocks/bonds because according to Patrick, it's a terrible time to buy an expensive home (which I sort of agree with, but is it also a terrible time to put the would-be down payment money into stocks/bonds?)
Personally, I don't think that it makes sense for you to put 50% down in a low-interest rate environment.
I live in Silicon Valley and you have to shell out 1.5m to get an okay house. So does it make sense to put all 400k on that house which is what would be required to get a house in that price range based on income, or do I just accept that I can't afford a house here and put all that 400k in stocks/bonds and keep saving until I can afford something?
I live in Silicon Valley and you have to shell out 1.5m to get an okay house. So does it make sense to put all 400k on that house which is what would be required to get a house in that price range based on income, or do I just accept that I can't afford a house here and put all that 400k in stocks/bonds and keep saving until I can afford something?
I don't know that any choice you make -- makes sense. We have crap shacks selling for millions... we have stocks valued at ridiculous amounts on companies with no earnings... None of it makes sense! Personally, I'd rather have my home. Why? I have kids, dogs, people who need some stability (which I know is just an illusion to some degree -- stability, not the kids and the dogs :-)). What I couldn't have was rents going through the roof, changing homes, changing schools, etc... So, for me, it made sense to buy the house. It froze my monthly house payment at an amount I could afford at the time, and over time, my monthly payment should become easier to afford as our earnings go up. We plan to stay long term, so we should be able to get some of the money back when we sell. We have a business here, so this plan should be possible. But no plan is foolproof. Someone might find a cure for infertility and then I'm out of business.
Would the following justify buying an "expensive" home in today's climate based on some of the notes I provided previously:
- Keep the condo and keep renting it out
- Leave the 401k alone and keep the investments somewhat aggressive assuming retirement is 30yrs away
- Assume there is enough cash for 1yr in case of job loss
- If the left over is $400k as mentioned above, does it make sense to put 50% on a down payment on a new "expensive" home (where the rent would be 3% or purchase price)... and the other 50% in stocks/bonds... or is it better to put all 400k in stocks/bonds because according to Patrick, it's a terrible time to buy an expensive home (which I sort of agree with, but is it also a terrible time to put the would-be down payment money into stocks/bonds?)
Buy a home with 20% down, and put the rest in stocks. You will be glad.
I live in Silicon Valley and you have to shell out 1.5m to get an okay house. So does it make sense to put all 400k on that house which is what would be required to get a house in that price range based on income, or do I just accept that I can't afford a house here and put all that 400k in stocks/bonds and keep saving until I can afford something?
actually it all depends on predicting the future well.
I don't know that any choice you make -- makes sense. We have crap shacks selling for millions... we have stocks valued at ridiculous amounts on companies with no earnings... None of it makes sense!
yeah everything is driven by fear
- Scared of another housing bust? Put the down payment money in the bank until housing prices come down
- Scared of getting only 0.02% on your savings and not being able to afford milk with the 400k in 10 yrs? Then put that money in the stock market
- Scared of losing everything in stocks? Then just buy the damn house
I'm a realtor in Florida and it's amazing to me to spend $1.5 M on an "OK" home in an overrated area. (I lived in Northern California earlier,)
For that money, you can buy a gorgeous home directly on the Gulf in a safe, low-crime area.
If there are more and more postings like these, then more and more hysteria will poke holes in the NAR opinion that there is a housing shortage. We are looking at identical conditions in 2005, 3% down, speculation, rental homes as investments, Wages not moving up. If things go south, "sell it for what you paid". We sold out home we had for 14 years and we sold it 18 months ago for $245K. I cry my self to sleep because we were hoping to take our appreciation and buy something bigger, but the prices outpaced our savings. Had we held onto the home, it would have sold for $289K today. I am hoping that we are in the identical situation as 2005. I am hoping for a crash, we rent and are sitting on dry powder. Will it happen? or will I be priced out of a home and my kids and I live in some single wide?
Picture this scenario. I just opened a 500K line of credit to take care of my cash needs for 10 years in case TSHTF.
Banks can freeze lines of credit and reduce card limits to their outstanding balance when TSHTF.
Here are the numbers: Watch what happens to payment when rates rise and home prices dips.
Bought today 1/6/16 $280,000 Purchase @ 4% 30year Payment= $1419.00
Bought 8/6/16 $260,000 Purchase @ 5% 30year Payment= $1396.00
Bought 4/7/17 $230,000 Purchase @ 6% 30year Payment= $1379.00
Bought 9/7/17 $199,000 Purchase @ 7% 30year Payment= $1324.00
The difference is $56,000 Down vs. $39,800 Down. Interest Rates will not effect your affordability.
Here are the numbers: Watch what happens to payment when rates rise and home prices dips.
Bought today 1/6/16 $280,000 Purchase @ 4% 30year Payment= $1419.00
Bought 8/6/16 $260,000 Purchase @ 5% 30year Payment= $1396.00
Bought 4/7/17 $230,000 Purchase @ 6% 30year Payment= $1379.00
Bought 9/7/17 $199,000 Purchase @ 7% 30year Payment= $1324.00The difference is $56,000 Down vs. $39,800 Down. Interest Rates will not effect your affordability.
What happens when interest rates rise and home prices also rise? (which is what typically happens).
Tough, your arithmetic is spot-on. Congratulations!
And so what?
You gonna wait for long term rates to rise in that fashion?
If you're very young, it could happen in your lifetime.
If you're very young.
Take Houston TX. Go to Zillow and see the "price cuts" on homes,
The same is happening in the SF bay area, but mostly for "luxury" homes (regular shacks here) now as the remaining qualifying buyers are trying to scramble into the few "low-end" homes (which means 500K-1MM crapshacks here).
Why has there not been a buying activity for the Market? For the past year, anytime there has been a correction in the market, there is a buying opportunity followed. Since Monday, there have been 3 severe declines totaling more than -1000 points for the Dow. Even when job reports come out, and it's "good" the down goes further in the red today. There is only one time that I know of when this happened and that was the first quarter 2008? Can housing be tied to any of this?
TOL is down 12% as of Monday
LEN is down 11%
XHB is down 8%
TOL exec sells 41000 shares, Lumber prices decline, seems to foretell, about 12 months in advance, changes in the rate of new home sales. It is another sign of economic troubles about to befall not only the lumber market but also the rest of the economy. Sam Zell, chairman of apartment mega-landlord Equity Residential, said, “There is a high probability that we are looking at a recession in the next 12 months.†But he said this only after he’d unloaded a ton of commercial real estate: in total 23,262 apartments in five states. The deal was announced at the end of October 2015. Another 4,728 apartments are to be dumped next year. Housing and Rates are inverse.
It's all there
Interest rates go up, cost of borrowing goes up, ergo, you have less purchasing power. This creates a ripple effect and your upper range, for example, that was 300k is now 275k and less the higher the interest rates go. With less demand for that 300k home, the prices will have to adjust down in order to sell. So anyone who bought in the low interest rate environment with minimal down payment, ie over leveraged, will experience 2008 all over again. Interest rates ARE going up, do the math. The only way to weather this is to get a great deal with good portion equity down. Look at the $/per SQFT and comps. Get a neglected property at a steep discount and DIY some sweat equity.
Different subject, but affecting RE. If 10 million or so illegal, or undocumented, what ever you prefer...are force to leave the country.....what effect will that have on the RE market? They live somewhere and displaced/forced others up the RE ladder. If they are forced to leave, as Ike did back in the 50's....would that not cause a RE collapse in areas where they are predominate? I have wondered if the unabashed influx is not really about helping those less fortunate, but really about propping up RE as well as addressing the declining birth rates of native borns, aka legal working citizens. (Look to Russia, Japan, etc any of the advanced economy's, birth rates are below sustainable rates.)
Interest rates go up, cost of borrowing goes up, ergo, you have less purchasing power. This creates a ripple effect and your upper range, for example, that was 300k is now 275k and less the higher the interest rates go. With less demand for that 300k home, the prices will have to adjust down in order to sell.
It's a nice narrative that makes intuitive sense, but history shows the real world doesn't work that way. In reality, what happens is that interest rates rise when inflation is rising and wage growth is good. And the effect of wage growth is more powerful than the effect of rising rates---nominal housing prices go up.
It's a nice narrative that makes intuitive sense, but history shows the real world doesn't work that way. In reality, what happens is that interest rates rise when inflation is rising and wage growth is good. And the effect of wage growth is more powerful than the effect of rising rates---nominal housing prices go up.
Normally, interest rates go up to cool a heated economy, which includes factors of inflation and wage growth, but wage growth is weak, real unemployment remains high and rate of inflation is practically nil. http://www.usinflationcalculator.com/inflation/current-inflation-rates/
The fed rate is climbing because "Officials said the economy was strong enough to keep growing >with a little less help from the central bank
Normally, interest rates go up to cool a heated economy, which includes factors of inflation and wage growth, but wage growth is weak, real unemployment remains high and rate of inflation is practically nil. http://www.usinflationcalculator.com/inflation/current-inflation-rates/
The fed rate is climbing because "Officials said the economy was strong enough to keep growing >with a little less help from the central bank
That's correct. And I don't think the 0.25 point change in Fed funds rate off of basically zero constitutes "rising rates". Mortgage rates are still extremely low. There is wage growth, but if it weakens you can be sure that rates will stop rising.
That's correct. And I don't think the 0.25 point change in Fed funds rate off of basically zero constitutes "rising rates". Mortgage rates are still extremely low. There is wage growth, but if it weakens you can be sure that rates will stop rising.
Which gets me back to why I found this thread, trying to determine if buying a home in north-northeast atlanta in the 400k range is a good idea in Q1 of 2016? I am looking at low $/per SQFT, etc to maximize my value, but uncertain.
Which gets me back to why I found this thread, trying to determine if buying a home in north-northeast atlanta in the 400k range is a good idea in Q1 of 2016? I am looking at low $/per SQFT, etc to maximize my value, but uncertain.
That's a decision you have to make on your own. How long are you planning on staying there? What is the rent on comparable houses in your preferred area?
Can someone help shed some rational on this. Housing has been increasing because:
-Oversees Investors CHINA
-Millennials moving out of their parents house
-Low interest rates
-Strong economy and low unemployment
-Housing starts low.
BUT:
-China is pulling back from US Housing according to the (WSJ)
http://www.wsj.com/articles/chinese-pull-back-from-u-s-property-investments-1448649226
-Millennials have too much student debt, and no down payment, let alone a full time job (FORTUNE)
http://fortune.com/2014/07/08/millennials-home-ownership-renting/
-Mortgage applications plunge after rate hike (CNBC)
http://www.cnbc.com/2016/01/06/mortgage-applications-fall-27-after-earlier-rate-hike-rush.html
-China slowing economy is pulling down the US economy (BOSTON GLOBE)
https://www.bostonglobe.com/news/politics/2016/01/07/will-stock-crash-china-take-down-economy/mmMmUEED8a6BH5EsCzi3wJ/story.html
-Housing Demand and Housing Starts are surging today, Housing Demand and Starts surged from 2003-2006 then crashed (BROOKINGS / NY TIMES)
http://www.brookings.edu/~/media/Projects/BPEA/Fall-2003/2003b_bpea_caseshiller.PDF
http://www.nytimes.com/2015/07/26/upshot/the-housing-market-still-isnt-rational.html
The only difference is Subprime Mortgages and Mortgage backed Securities. Homes are being bought with PMI and 3% down, and speculation will allow them to refinance out of the PMI, only if values continue. But even today, HELOC's are starting to reset for people who bought and held during the Bubble 1 and this is added debt to an already stretched family who held onto their home, 56% are potentially resetting with higher, fully amortizing monthly payment.
http://www.housingwire.com/articles/33535-trouble-ahead-tidal-wave-of-heloc-resets-about-to-hit
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On the other hand, in some poor neighborhoods, prices are now so low that gross rents may exceed 10% of price. Housing is a bargain for buyers there. Prices there could still fall yet more if unemployment rises or interest rates go up, but those neighborhoods have no bubble anymore.
The only true sign of a bottom is a price low enough so that you could rent out the house and make a profit. Then you'll know it's pretty safe to buy for yourself because then rent could cover the mortgage and ownership expenses if necessary, eliminating most of your risk. The basic buying safety rule is to divide annual rent by the purchase price for the house:
annual rent / purchase price = 3% means do not buy, prices are too high
annual rent / purchase price = 6% means borderline
annual rent / purchase price = 9% means ok to buy, prices are reasonable
So for example, it's borderline to pay $200,000 for a house that would cost you $1,000 per month to rent. That's $12,000 per year in rent. If you buy it with a 6% mortgage, that's $12,000 per year in interest instead, so it works out about the same. Owners can pay interest with pre-tax money, but that benefit gets wiped out by the eternal debts of repairs and property tax, equalizing things. It is foolish to pay $400,000 for that same house, because renting it would cost only half as much per year, and renters are completely safe from falling housing prices. Subtract HOA from rent before doing the calculation for condos.
Although there is no way to be sure that rents won't fall, comparing the local employment rate (demand) to the current local supply of available homes for rent or sale (supply) should help you figure out whether a big fall in rents could happen. Checking these factors minimizizes your risk.
The way to win the game is to have cash on hand to buy outright at a low price when others cannot borrow very much because of high interest rates. Then you get a low price, and you get capital appreciation caused by future interest rate declines. To buy an expensive house at a time of low interest rates and high prices like now is a mistake.
It is far better to pay a low price with a high interest rate than a high price with a low interest rate, even if the mortgage payment is the same either way.
The Fed exists to protect big banks from the free market, at your expense. Banks get to keep any profits they make, but bank losses just get passed on to you as extra cost added on to the price of a house, when the Fed prints up money and buys their bad mortgages. If the Fed did not prevent the free market from working, you would be able to buy a house much more cheaply.
As if that were not enough corruption, Congress authorized vast amounts of TARP bailout cash taken from taxpayers to be loaned directly to the worst-run banks, those that already gambled on mortgages and lost. The Fed and Congress are letting the banks "extend and pretend" that their mortgage loans will get
paid back.
And of course the banks can simply sell millions of bad loans to Fannie and Freddie at full price, putting taxpayers on the hook for the banks' gambling losses. Heads they win, tails you lose.
It is necessary that YOU be forced deeply into debt, and therefore forced into slavery, for the banks to make a profit. If you pay a low price for a house and manage to avoid debt, the banks lose control over you. Unacceptable to them. It's all a filthy battle for control over your labor.
This is why you will never hear the president or anyone else in power say that we need lower house prices. They always talk about "affordability" but what they always mean is debt-slavery.
The simple fact is that the renter - if willing and able to save his money - can buy a house outright in half the time that a conventional buyer can pay off a mortgage. Interest generally accounts for more than half of the cost of a house. The saver/renter not only pays no interest, he also gets interest on his savings, even if just a little. Leveraged housing appreciation, usually presented as the "secret" to wealth, cannot be counted on, and can just as easily work against the buyer. In fact, that leverage is the danger that got current buyers into trouble.
The higher-end housing market is now set up for a huge crash in prices, since there is no more fake paper equity from the sale of a previously overvalued property and because the market for securitized jumbo loans is dead. Without that fake equity, most people don't have the money needed for a down payment on an expensive house. It takes a very long time indeed to save up for a 20% downpayment when you're still making mortgage payments on an underwater house.
It's worse than that. House prices do not even have to fall to cause big losses. The cost of selling a house is kept unfairly high because of the Realtor® lobby's corruption of US legislators. On a $300,000 house, 6% is $18,000 lost even if housing prices just stay flat. So a 4% decline in housing prices bankrupts all those with 10% equity or less.
From The Herald:
"We were all corrupted by the housing boom, to some extent. People talked endlessly about how their houses were earning more than they did, never asking where all this free money was coming from. Well the truth is that it was being stolen from the next generation. Houses price increases don't produce wealth, they merely transfer it from the young to the old - from the coming generation of families who have to burden themselves with colossal debts if they want to own, to the baby boomers who are about to retire and live on the cash they make when they downsize."
House price inflation has been very unfair to new families, especially those with children. It is foolish for them to buy at current high prices, yet government leaders never talk about how lower house prices are good for American families, instead preferring to sacrifice the young and poor to benefit the old and rich, and to make sure bankers have plenty of debt to earn interest on. Your debt is their wealth. Every "affordability" program drives prices higher by pushing buyers deeper into debt. Increased debt is not affordability, it's just pushing the reckoning into the future. To really help Americans, Fannie Mae and Freddie Mac and the FHA should be completely eliminated. Even more important is eliminating the mortgage-interest deduction, which costs the government $400 billion per year in tax revenue. The mortgage interest deduction directly harms all buyers by keeping prices higher than they would otherwise be, costing buyers more in extra purchase cost than they save on taxes. The $8,000 buyer tax credit cost each buyer in Massachusetts an extra $39,000 in purchase price. Subsidies just make the subsidized item more expensive. Buyers should be rioting in the streets, demanding an end to all mortgage subsidies. Canada and Australia have no mortgage-interest deduction for owner-occupied housing. It can be done.
The government pretends to be interested in affordable housing, but now that housing is becoming truly affordable via falling prices, they want to stop it? Their actions speak louder than their words.
Next Page: Eight groups who lie about the housing market »
The Housing Trap
You're being set up to spend your life paying off a debt you don't need to take on, for a house that costs far more than it should. The conspirators are all around you, smiling to lure you in, carefully choosing their words and watching your reactions as they push your buttons, anxiously waiting for the moment when you sign the papers that will trap you and guarantee their payoff. Don't be just another victim of the housing market. Use this book to defend your freedom and defeat their schemes. You can win the game, but first you have to learn how to play it.
115 pages, $12.50Kindle version available