Quote:
Originally Posted by Savage_Messiah
no... just if they mortgage and you wanna make sure they don't get caught with a crappy one (ARM, negative amortization etc) give me a call  |
things are different in teh egyptian community. its looked poorly upon to not give the business to a fellow egyptian. BUT, those same egyptians usually take advantage of the other egyptian because they know they have a monopoly on your business. so needless to say, my dad's friend is a mortgage broker, and we use him for our mortgages. and as always, he gets us the worst rates and charges an arm and a leg for it, but my dad just concludes that its fine because we are helping a friend. but that probably won't be a problem for this house because its purpose is to use as a sound investment for cash to be able to liquidate once retirement comes around for pops. but once it comes time to refinance the house, we're gonna get ripped off as usual.
so in conclusion, thank you for the offer, but no thanks.
but i will spread the word
edit: how can a house amortize negatively?