Comments on: Barack Obama: America’s Top Real Estate Broker? http://www.biggerpockets.com/renewsblog/2009/04/14/barack-obama-americas-top-real-estate-broker/ Learn, Network, Invest Sat, 11 Feb 2012 20:37:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Deborahhttp://www.biggerpockets.com/renewsblog/2009/04/14/barack-obama-americas-top-real-estate-broker/#comment-65191 Deborah Tue, 21 Apr 2009 20:49:51 +0000 http://www.biggerpockets.com/renewsblog/?p=4965#comment-65191 I did what the president asked. I applied for a refinance. I found out because my home has lost 25% of its value, that I will now have to purchase mortgage insurance. So a refinance that will cost me over $5000 will only save me $44 a month. So I just spent $550 on an appraisal and a refinance does not make sense. It appears to me that Obama is just asking us to support the institutions that got us into the mess we are in. I have no money for food this week because I paid for an appraisal. Good advice Mr. President!! I did what the president asked. I applied for a refinance. I found out because my home has lost 25% of its value, that I will now have to purchase mortgage insurance. So a refinance that will cost me over $5000 will only save me $44 a month. So I just spent $550 on an appraisal and a refinance does not make sense. It appears to me that Obama is just asking us to support the institutions that got us into the mess we are in.
I have no money for food this week because I paid for an appraisal. Good advice Mr. President!!

]]> By: Brian Bradyhttp://www.biggerpockets.com/renewsblog/2009/04/14/barack-obama-americas-top-real-estate-broker/#comment-65075 Brian Brady Wed, 15 Apr 2009 05:51:16 +0000 http://www.biggerpockets.com/renewsblog/?p=4965#comment-65075 '“If somebody is asking you for money up front before they help you with your refinancing, it’s probably a scam,” said Obama."The Chief Mortgage Broker might want to sit where I sit, then. Refinancing borrowers commit to an application less than a sailor on liberty commits to his paramour; the only way to ensure a loving relationship is to charge a nominal deposit.I have eschewed most every refinance request unless a prior relationship has been established. Why? They just won't commit. I'm not being snarky but the President might want to do his job, for 2-3 months, to have 30-40% of his income snatched in the last week; he'll change his tune after a year or two of that. ‘“If somebody is asking you for money up front before they help you with your refinancing, it’s probably a scam,” said Obama.”

The Chief Mortgage Broker might want to sit where I sit, then. Refinancing borrowers commit to an application less than a sailor on liberty commits to his paramour; the only way to ensure a loving relationship is to charge a nominal deposit.

I have eschewed most every refinance request unless a prior relationship has been established. Why? They just won’t commit. I’m not being snarky but the President might want to do his job, for 2-3 months, to have 30-40% of his income snatched in the last week; he’ll change his tune after a year or two of that.

]]> By: Bonnie Kelleyhttp://www.biggerpockets.com/renewsblog/2009/04/14/barack-obama-americas-top-real-estate-broker/#comment-65068 Bonnie Kelley Wed, 15 Apr 2009 01:00:40 +0000 http://www.biggerpockets.com/renewsblog/?p=4965#comment-65068 Obama has many hats. It seems like he is a Jack of All Trades Master of none. Obama has many hats. It seems like he is a Jack of All Trades Master of none.

]]> By: Amritsarhttp://www.biggerpockets.com/renewsblog/2009/04/14/barack-obama-americas-top-real-estate-broker/#comment-65064 Amritsar Tue, 14 Apr 2009 18:10:25 +0000 http://www.biggerpockets.com/renewsblog/?p=4965#comment-65064 Obama is very great person. He do his work very honestly and carefully. He is also nation’s consumer affairs specialist Obama is very great person. He do his work very honestly and carefully. He is also nation’s consumer affairs specialist

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