View Single Post
Rick Lee Rick Lee is online now
Registered
 
Rick Lee's Avatar
 
Join Date: Jul 2001
Location: Cave Creek, AZ USA
Posts: 44,726
Garage
I think everyone who gets an ARM plans on refinancing or selling before it adjusts. If you've made your payements on time and kept your credit good, then refinancing shouldn't be a problem, right? But when you put 20% down, then the value drops by that much and 100% loans disappear, you're in a world of hurt.
__________________
2022 BMW 530i
2021 MB GLA250
2020 BMW R1250GS
Old 03-08-2008, 09:56 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #4 (permalink)