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You could move into one of these new condos! Just a short walk from the Castle, close to shops, restaurants, and entertainment here on the Inner East Side of the beautiful City of Roses. And best of all, no down payment!!!
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What could possibly go wrong?
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11 comments:
Wow that is amazing, maybe I need to move to Portland. Over here the banks won't even talk to you unless you have 20% and then they give you the crappiest rate going, to get anywhere close to a decent rate you need 30-40%
Hey, I have a friend with no job who's willing to relocate anywhere. Maybe I'll tell her she can get a place in Portland while she looks there. As you say, what could possibly go wrong?
Is this on Hawthorne and 20something? I think I saw them building it before I left. Maybe I should move back... after all I have exactly *no* downpayment. ;)
@Yank: Well, my point is that you'd be a little nuts to buy a condo with no money down as it is entirely likely to decline around 20% in value in the short term. So you'd actually want 20 to 30% down if you didin't want to get caught in an equity trap.
@Reb: C'mon in! It would be fun to have you equity trapped in the 'hood!
I'm glad they're still offering these. I mean, how else is an unemployed convenience store clerk with 5 kids supposed to find a place to live?
@ben: Given the typical design standards of new condos here in Portland I think "unemployed convenience store clerks" could find architecture a productive field to apply their intellect upon. They probably couldn't make things worse.
Hey, thanks for the shoutout! But jeez --- my friends and brother keep telling me I should move back to Portland, now I got you on my back, too?!
@anon: Spooky financing model aside, these particular condos at any rate are a fair sight more attractive than what was there before them. Onward and upward in Neighborhood5000.
@Chance: C'mon back! We don't have any ultraexclusive primary schools, as far as I know, but we're probably going to be looking for a new mayor...
Oooohhh...ugly condos for no money down!!!! Come on--we're already in your virtual neighborhood, and there's no mortgage required for that. :-)
I'm moving in tomorrow!
Send me an application! I've wanted to relocate forever. (Too bad I couldn't give away my condo...)
An old boyfriend is from Aloha - do you think the hubby would mind?
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