If you look in the Home Guide today in the MIami Herald, the only paid advertisers are Lennar and Century Homebuilers (Sergio Pino and board members of Century Bank): don't expect any critical view of the homebuilders from the Miami Herald.
I couldn't enlarge that ad enough to read the fine print.
But there are two astericks by the "4.68% fixed for life". In other words, there's a big catch there. Find out what those two little stars are referencing, which ought to be at the bottom of the page.
Somebody tell me what it says because I can't make it out. I'll bet the "life" of that loan is pretty short and that there is a big balloon at the end of it.
There are two stars on that phrase: There is a lot of fine print at the bottom, but didn't see what related to that...they had one star at the bottom. North Coast, hit on it and it gets larger.
I know where I will be tonight: getting a "Crazy Deal" on a new home. (Hit on image to enlarge it).
8 comments:
I saw in the ad that the closing had to be by 5/30/08. That could be a problem. They are really rushing people.
Of course before the appraisal has to be done again at a 10-20% reduction, appraisals are drive-bys now.
If anyone bought a house at Midnight Madness -- I want to hear all about it.
If you look in the Home Guide today in the MIami Herald, the only paid advertisers are Lennar and Century Homebuilers (Sergio Pino and board members of Century Bank): don't expect any critical view of the homebuilders from the Miami Herald.
4.68% Fixed for Life? That must mean that it amortizes for life, too.
I couldn't enlarge that ad enough to read the fine print.
But there are two astericks by the "4.68% fixed for life". In other words, there's a big catch there. Find out what those two little stars are referencing, which ought to be at the bottom of the page.
Somebody tell me what it says because I can't make it out. I'll bet the "life" of that loan is pretty short and that there is a big balloon at the end of it.
There are two stars on that phrase: There is a lot of fine print at the bottom, but didn't see what related to that...they had one star at the bottom. North Coast, hit on it and it gets larger.
Oh, yes, I cut the fine print out of my post...
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