bschroder

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what's a "safe" foreclosure rate for SF Bay peninsula condo complexes? too high jeopardizes FHA certification?
by bschroder on 28 Feb 2011   Posted 14 years ago
I see a table of bay area condo complexes along with their foreclosure rates and there's a couple in San Bruno that are 25-30%. Should I consider that the ...

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25% of a mid-peninsula condo complex (90'ish units) underwater, in theory - don't buy in?
by bschroder on 1 Aug 2010   6 comments, latest 14 years ago
There's a condo I'm considering to buy, but from looking over blockshopper, I see about 25% of them sold from 2005 to 2007 who's prices have dropped about 40% ...

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bought a condo with FHA, 3.5% down - assume 2-3 year downturn still, and go with PMI for several years intentionally?
by bschroder on 17 Jul 2010   7 comments, latest 14 years ago
For my first time buying, I found a condo that I'll close in 4 weeks on. I'll be going with a FHA loan where I'm planning to go 3.5% ...
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