引用文章生財有道 劫富濟貧

處今日金融界蕭條﹐申請房屋貸款﹐真的有這麼困難嗎﹖是媒体唯恐天下不亂﹐大肆渲染﹖呵呵呵﹗看到這一則ＣＮＮ新聞﹐太公見識到老美書呆子﹐墨守銀行行規﹐幾乎就只能『自縛待刑』﹑自限武功發威。 唉﹗事情有如此嚴重﹖雞鴨境界如斯﹐怪不得人也﹐更怪不得仙鶴在旁大笑大嘆﹕『天下本無事﹐庸人自擾之』矣。 君若不信﹖為何太公從七月四日起﹐迄今已幾近完成四筆地產交易。目前已簽約成交兩筆﹐另二筆﹐買主要馬上付現款訂金三千美元﹐太公要他們回去靜思﹐不要遽下決定﹐四天後再議。 為何人人希望與太公交易呢﹖蓋太公持自然合理原則﹐根本就為他人能力設想﹐不拘泥於法條﹐更不強人提供巨額頭期款現金﹐甚至以其他方式﹐取代純金錢的思維﹐力求人性通融。 聯網有隻雞﹐只要太公上貼任何文﹐牠通通可以歪曲﹐任意抹黑太公。最近太公一貼加州房地產大趺八十趴﹐牠馬上說﹐太公要做生意﹐應該去Ｅ－ＢＡＹ。真的是雞鴨喔﹗ 太公純粹以具体事例﹐來說明及支持我說的『地產慘跌打二折』的論點﹐可曾有半文隻字﹐提到請聯網人聯絡洽購﹖或要國人投資﹐支援太公﹖相信百分之百﹐各位看官找不到這句話﹐出現在我文章中。 在美國網站﹐太公更兇狠﹐根本明白拒絕邀人為合夥人﹐早寫下這段英文﹕ No client, investor, or partner will be accepted without an invitation or referral. No deal will attract me except those with its potential best return more than 200 percent in the first year. All my posts are out of my sincere hope to help. They are free for you , but please do not take them as a legal opinion because we have a most complicated legal system in the world. 為什麼太公不要人投資﹖答案很簡單﹐太公的次級市場﹐比聯邦政府的ＧＳＥ（ＦＮＭ或ＦＲＥ）資金充沛﹐沒有這個需要去求人。例如﹕太公本月四日成交的一筆﹐創造出一張六萬五美元的借據﹐這一張紙﹐也就是股市所稱的ＡＢＳ﹐馬上太公就放上市場掛牌出售﹐現在已經有人出價﹐最低的要以現金四萬五千蒐購（如下附意美兒）﹐太公只回答他一函﹐指出現值八萬的借據﹐他要打六折蒐購﹐不覺得殺價太多而不慎重乎﹖就讓他等會兒吧﹐我急啥呢﹖ 記住﹗太公根本不回價的談判技巧﹐只是太公愛理不理的因素之一﹔另外﹐當然有其他諸多原因﹐就只舉一說說﹐在德州﹐依法律規定﹐這類借條契約（法律名詞為executory note）﹐必需書面告知買方﹐在簽約日十四天內﹐買方有權片面取銷合約﹐不必負擔任何損害賠償之責。請問今天才十六日﹐這張有價証卷有夠成熟（英文說﹐"seasoned"）﹐到能出賣的程度﹖不﹗至少還要再等兩天喔。 從這兒﹐國人應該知道﹐這張債券﹐是標準資本主義自由經濟的產物﹐比股市中的美國政府公債還熱啦﹗太公何懼無人搶購﹐無資金周轉﹖（請注意﹐太公搶銀行時發的本錢只有一萬八千美元﹐就算接受人家四十趴折扣的第一次出價﹐也還是利潤兩倍以上﹐對吧﹖） 看到ＣＮＮ的這篇報導﹐有點感觸﹐怎麼中外雞鴨如此多﹖所見皆是自己框架的眼界﹐如同太公與國人談外交﹐眼光狹窄﹐只有長嘆﹕盡廖化之流在宮廷﹗ Need a mortgage now? Bring lots of cash Between higher fees and and larger down payment requirements, buyers have to pony up more money than ever these days just to land a loan. By Les Christie, CNNMoney.com staff writer Last Updated: July 16, 2008: 2:15 PM EDT NEW YORK (CNNMoney.com) -- Are you ready to buy a house in this crazy market? Better bring a boatload of money to the closing. In a brutal real estate market where all the players want to hedge against the tremendous risks, down payment requirements and up-front fees and have soared, shutting many potential home buyers out of the market. "I have as many people calling me for financing as ever," said George Hanzimanolis, a Pennsylvania mortgage broker, "but I'm putting less than half of them into loans." That's happening all over the country, and may slow the housing market's recovery. Indeed, in a Realtor.com survey released today, potential home buyers said high down payments were the second biggest obstacle, after high home prices, to buying a home. These days, home buyers almost always have to make a substantial down payment, at least 5%, according to Rich Wordman, president of the Florida Association of Mortgage Brokers. The days of no-down loans are over. In deeply declining markets, lenders are reluctant to issue loans unless borrowers put at least 10% down, he said. JP Morgan Chase (JPM, Fortune 500), for instance, now asks for a minimum of 10% down in most markets, according to a spokesman, and for 20% in hard-hit areas. In Reno, Nevada, which has been devastated by the housing crisis, the bank requires 25%. Even bigger jumbos For expensive homes, the down payments are disproportionately more. Lenders issuing jumbo loans, which are too pricey to be sold to Fannie Mae (FNM, Fortune 500) or Freddie Mac (FRE, Fortune 500) in the secondary market, are asking for at least 20% down, according to Ed Craine, a San Francisco mortgage broker. In the most expensive markets, where jumbo loans are over $729,000, that means a minimum down payment of $148,500. Higher interest rates on jumbo loans are also making them more expensive than they normally would be - with interest rates a full point to a point and a half higher than non-jumbo loans, said Mike Tacconi, a mortgage advisor with lender CMG Mortgage Services based in San Ramone, Calif. And buyers purchasing homes for investment purposes are getting clobbered. Lenders are telling them to come up with at least 25% of the purchase price, according to Tacconi - and sometimes as much as 35%, depending on the kind of loan. "Rents are high where I am," said Pennsylvania mortgage broker Hanzimanolis, "so people are having trouble saving enough for down payments." Those high down payments are are being driven in part by the private mortgage insurance companies, according to Jay Brinkman, chief economist for the Mortgage Bankers Association, which have themselves hiked their down payment requirements. These firms insure loans when borrowers put less than 20% down, making lenders whole when homeowners default. In the past, these companies, such as MGIC Investment Corp (MTG). and PMI Group (PMI), often guaranteed mortgages when borrowers put no money down. Today they require 5%, 10% in steeply declining markets, according to Jeff Lubar, spokesman for the trade association Mortgage Insurance Companies of America. In addition, private mortgage insurers are also charging higher insurance rates. Historically, PMI cost about 0.5% of a home's purchase price. Now, a borrower putting 5% down can pay about 0.75% for the first year. Higher rates And although interest rates are relatively low, industry experts say that they're higher than they should be, thanks to concerns about the solvency of Freddie and Fannie, which buy about half of all outstanding mortgages in the U.S. The average 30-year, fixed-rate loan carried a 6.37% interest rate last week, according to Freddie Mac, up nearly a point from the year's low of 5.48% set last January and up from under 6% in late May. At the same time, yields on 10-year treasuries, which mortgage rates usually track, have trended down. From June 12 to July 10, 10-year treasurys fell from 4.20% to 3.81%, while mortgage rates actually increased, inching up from 6.32% to 6.37%. Borrowers are probably paying at least a half point more than they ordinarily would, according to Keith Gumbinger of HSH Associates, a publisher of loan information. That's because the questions surrounding the future of Fannie and Freddie have made the investors who buy their loans - hedge funds, pension funds, and banks - wary. They're demanding higher interest rates to take on the added risk they perceive. Freddie and Fannie have also imposing higher up-front fees for riskier borrowers, based on credit scores. As of June 1, buyers with scores of less than 620 with less than a 30% downpayment must pay a fee of 2.75% of mortgage principal, up from 2%. Between a 620 and 640 credit score, borrowers pay 2.5% (up from 1.75%); 640 to 660, 1.75% (1.25%); 660 to 680, 1.25% (0.75%); and 680 to 720, 0.5% (0). "The fees are costing consumers a considerable amount of money," said Mark Savitt, a mortgage broker there and current president of the National Association of Mortgage Brokers. All these added expenses are slowing an already moribund real estate market. That means it's going to take even longer to get rid of the tremendous inventory of unsold homes, according to the MBA's Brinkman, especially in areas that were overbuilt during the boom. Cities hard hit by the housing bust, like North Las Vegas, Stockton, Calif. and Tucson, Ariz, may have to suffer through many more months of stagnant prices and increased foreclosures before they return to better times. And these higher costs are going to stick around long after housing recovers, according to Brinkman. From now on, they'll just be the price of doing business.  *****  Email exchanges:  ****** (1) Thank, but no thanks. It seems that you are asking 40% discount off my note, am I right?  If I am wrong, let me know how much your discount rate you are expecting.  Thank you, Ed --- On Fri, 7/11/08, El*** Co****n wrote: From: E***s Col***n Subject: Re: Land Contract Installment Note To: ET Date: Friday, July 11, 2008, 9:08 PM Sorry for the delay, I will pay $45,000 for your note. Please let me know if you are interested. --- On Mon, 7/7/08, Edward Tseng wrote: From: Edward Tseng <@.com> Subject: Re: Land Contract Installment Note To: e** @.com Date: Monday, July 7, 2008, 10:41 AM (2) Re: Land Contract Installment Note   Wednesday, July 16, 2008 1:28 PM From: This sender is DomainKeys verified "J8** W****s" Add sender to ******  **** Financing, LLC J****  F****** (CEO)   We can do between 70 & 80 cents on the dollar We need to know the credit score of the borrower Was there any down payment Where the note sign by an indiviual or company And a copy of the Note to get you exact pricing. On Wed, Jul 16, 2008 at 11:46 AM, Edward Tseng <@.com> wrote: Yes, it is still available.  The buyer is a licensed general contractor.  He has delivered what he promised to do as agreed on the contract. Thank you for your interest.