8% Ginny Mae loans now in forbearance

doogie

Basically fha/va loans.

https://www.housingwire.com/articles/mortgage-forbearance-level-now-at-5-95/

PurpleThrobber

doogie said:

Basically fha/va loans.

https://www.housingwire.com/articles/mortgage-forbearance-level-now-at-5-95/

BIL called two days ago asking my wife to co-sign on a VA loan for him....because the rates are so low.

She's like WTF?!? You're a sort-of real estate agent in a locked down market who is months behind on child support and you want ME to take on the responsibility of YOUR debt.?!?!

FUCK OFF!!

So proud of Mrs. Throbber v2.0 channeling Logan Roy.

WestlinnDuck

BIL Eddie from the vacation movies. My BIL tried to pull that sh*t on me a few years ago.

HairyBallsDawg

Lots of owners of 2nd properties that they were using as AirBnB/VRBO rentals are panicking. I expect a fair number of them to either try to sell soon or go into foreclosure. Even if we open up for most regular business soon, vacation rentals aren't returning to last year's levels any time soon.

What happens when you have more sellers than buyers...

PurpleThrobber

HairyBallsDawg said:

Lots of owners of 2nd properties that they were using as AirBnB/VRBO rentals are panicking. I expect a fair number of them to either try to sell soon or go into foreclosure. Even if we open up for most regular business soon, vacation rentals aren't returning to last year's levels any time soon.

What happens when you have more sellers than buyers...

BUY BUY BUY!!!

HairyBallsDawg

PurpleThrobber said:

HairyBallsDawg said:

Lots of owners of 2nd properties that they were using as AirBnB/VRBO rentals are panicking. I expect a fair number of them to either try to sell soon or go into foreclosure. Even if we open up for most regular business soon, vacation rentals aren't returning to last year's levels any time soon.

What happens when you have more sellers than buyers...

BUY BUY BUY!!!

RaceBannon

HairyBallsDawg said:

Lots of owners of 2nd properties that they were using as AirBnB/VRBO rentals are panicking. I expect a fair number of them to either try to sell soon or go into foreclosure. Even if we open up for most regular business soon, vacation rentals aren't returning to last year's levels any time soon.

What happens when you have more sellers than buyers...

HairyBallsDawg

RaceBannon said:

HairyBallsDawg said:

Lots of owners of 2nd properties that they were using as AirBnB/VRBO rentals are panicking. I expect a fair number of them to either try to sell soon or go into foreclosure. Even if we open up for most regular business soon, vacation rentals aren't returning to last year's levels any time soon.

What happens when you have more sellers than buyers...

Would........................................................................................... ^

doogie

the dude in the blue shirt and khakis?

HairyBallsDawg

doogie said:

the dude in the blue shirt and khakis?

No but now that you say that I looked via my phone and see that my ascii drawn line and arrow comes out at different places with different resolutions.

But on my laptop, it points where I intended. At the chic with the block top and cleavage.

AtomicPiss

HairyBallsDawg said:

PurpleThrobber said:

HairyBallsDawg said:

Lots of owners of 2nd properties that they were using as AirBnB/VRBO rentals are panicking. I expect a fair number of them to either try to sell soon or go into foreclosure. Even if we open up for most regular business soon, vacation rentals aren't returning to last year's levels any time soon.

What happens when you have more sellers than buyers...

BUY BUY BUY!!!

They used Trading Places as a similar example on yesterday's Dave Ramsey Show.