Archive for August, 2008

In 2007, is it better to build or buy a vacation home? (Please Read Details – No “point snatchers”)?

Nathan S asked: I am looking in to purchasing raw land on a lake with the plans to build a log cabin for a vacation property.
However, with the requirement for 50% down on land loans and the current housing market (buyers market) and interest rate plus the fact that the down payment can be [...]


is the dollar being devalued in order to offset the losses in the credit crises?

rooster asked: could the fed reserve offset losses in the mortgage crisis by devaluing the dollar to the extent where inflation actually “eats up” the losses -in other words saturate markets with liquidity where the dollars value decreases to the extent that in order to build a new house it would cost 3 times [...]


Why don’t single parents move in together?

Persona asked: As roommates, not “get together.”
I hear of how financially stressful it is, how insane daycare costs can be, and how the child’s left alone while its only parent is out working two jobs. It’s hard to give up a house, that’s true, but what about divorcees that didn’t end up with a [...]