A house is worth no more than what someone is willing to pay you for it. No buyer? Value = $0. House prices have held steady throughout the past 100 years in the US at 3x median income of whatever area you study… because every house you build must be affordable to the workers within the surrounding area.
I would definitely agree in getting a FIXED rate, stay away from those subprime loans for sure.
Jerry
San Francisco California Lawyers
Comment by San Francisco attorneys — March 10, 2008 @ 10:23 am
A house is worth no more than what someone is willing to pay you for it. No buyer? Value = $0. House prices have held steady throughout the past 100 years in the US at 3x median income of whatever area you study… because every house you build must be affordable to the workers within the surrounding area.
Darren
Orange County California Bail Bond Services
Comment by Los Angeles bail bonds — March 19, 2008 @ 10:44 am