A question to banker

QWE321

If i bought  a house in spring @ 600K from builder, 5% DP, next spring possesion. at the time same house sale @ $400K, will the bank still borrow me $570K?

水管工

The bank should lend you money as long as you keep mortgage payment.

牛眼熊心

There is no point to keep the house with 200K lost. I would rather walk away with 30K DP lost and buy a $400K house.

MyFairy

Be prepared for the answer
2 X3 Y+ _) T) x6 H* i0 y
% E) d' e, y8 _and plan your next step ahead
1 e) M! b$ O+ L( P7 t' B
7 H6 l) J1 Q5 E1 J
, n" q2 |: ^) K8 b
[ 本帖最后由 MyFairy 于 2007-12-7 10:48 编辑 ]

MyFairy

原帖由 水管工 于 2007-12-7 10:08 发表
6 f4 d/ h0 X  L0 J) z; U. ]- {The bank should lend you money as long as you keep mortgage payment.

* m# Q* V% f0 R/ zThe bank will lend only < or = 100% of the house value !!!

1 Q# f1 W; Z) _% y$ Z  qThe bank is the real 铁算盘 !!

Z

原帖由 水管工 于 2007-12-7 10:08 发表
2 ]% O0 {+ v5 J! f: I0 j0 KThe bank should lend you money as long as you keep mortgage payment.

8 u- I9 S4 x$ _/ A1 V" C
1 z4 ^: o3 h2 {  E错误，兄弟你想当然了。

在签或续按揭的时候，银行要对房屋评估。如果房屋贬值，银行是不会借给你比市价更高的贷款的。就是说，如果届时你的房子只值40万，银行最多借给你40万，剩下要你自己补齐。如果补不齐，就拍卖房子。

1 E- z0 k# C% S3 Y当然，对于银行而言，也多一事不如少一事。如果仅仅倒挂一小笔钱，好比市值40万，贷款45万，银行往往不会管的。但如果倒挂的多了，好比市值40万，贷款60万，银行一定不会容情。80年代初，阿省就发生过这样事情。

QWE321

原帖由 Monster 于 2007-12-7 10:37 发表
There is no point to keep the house with 200K lost. I would rather walk away with 30K DP lost and buy a $400K house.

if there is draw mortage, builder already withdraw money from bank, can you still walk away?

giss

原帖由 QWE321 于 2007-12-7 09:58 发表
If i bought  a house in spring @ 600K from builder, 5% DP, next spring possesion. at the time same house sale @ $400K, will the bank still borrow me $570K?

4 U6 o7 s$ g# |3 B# j! H* P' z2 t
5 Z+ ~8 L1 o/ P$ I. h这就是builders现在能攒那么多房子的原因之一

MyFairy

原帖由 QWE321 于 2007-12-7 11:14 发表
# l% v; I; b+ U) d# t) E; F
) x/ ?6 U& a! h: K$ G* [if there is draw mortage, builder already withdraw money from bank, can you still walk away?

. O1 C: |) N: K1 `2 W9 G% |
Sounds like you have to talk to banker, the earlier the better.

QWE321

原帖由 Z 于 2007-12-7 10:55 发表

, l' m; r4 ?! b
! u! n8 A4 A. M+ B: e9 }! w; h- X) b错误，兄弟你想当然了。

! z% m* x$ L6 ]4 w: a/ g在签或续按揭的时候，银行要对房屋评估。如果房屋贬值，银行是不会借给你比市价更高的贷款的。就是说，如果届时你的房子只值40万，银行最多借给你40万，剩下要你自己补齐。如果补不齐 ...

$ I" k7 a* V# x: U3 Y! c1 M) Wquestion is the mortage contract signed already, but not star paying yet.
As bank, how many percentage profit they made from mortage?
http://www.financialpost.com/story.html?id=152492
9 d8 e& x; V  R$ N' _CIBC lost huge money over US, if other bank haven't done same thing as CIBC, where are their money goes?
( ?+ ~8 o7 ]( N! P7 ^. wIf the bank willing to lend their money to people buying house (40 ys or even longer), the house price will up. if not, where are those money goes? if somebody here can tell, i think we can follow where banks go and make good money....
i am not sure if i am making confusions here.....

QWE321

原帖由 MyFairy 于 2007-12-7 11:17 发表
7 e7 E, ~* M+ L  a& a' c
- b1 J+ `. ~3 }$ S( L& L( r
" {* _* o( P4 V# t# A6 w9 M0 D8 ASounds like you have to talk to banker, the earlier the better.

4 t& @( a2 m3 A- C8 B+ {* |* r; C) u! UJust "IF" , it is not my case, i know there are lots professior here.
i belive the hose price was driven by bank and will driving by bank.

牛眼熊心

原帖由 QWE321 于 2007-12-7 11:14 发表

* s7 T3 v3 z' ^4 Y4 qif there is draw mortage, builder already withdraw money from bank, can you still walk away?

0 e/ v+ f/ O7 u$ g" _8 s+ _Look at your contract carefully. How much did they withdraw from your bank already? Can you walk away without extra charges? Any credit issues?
3 B, t9 _, o0 \: u6 F3 E9 P
If everything above less then 200K, walk away!

QWE321

My point is Banks can't keep their money in the BOX, they have to invest their money to somewhere, looks like CIBC got wrong direction. and what are they going to invest their money next year?

MyFairy

原帖由 QWE321 于 2007-12-7 12:01 发表
7 _$ a7 G6 k) Y7 S# h+ k. @9 dMy point is Banks can't keep their money in the BOX, they have to invest their money to somewhere, looks like CIBC got wrong direction. and what are they going to invest their money next year?

+ P5 X! O1 e3 N  o  ZAre we talking about "how banks make their money?"
( r. v* ]% v5 @/ W
* L! @- _! n) b  t- U[ 本帖最后由 MyFairy 于 2007-12-7 12:07 编辑 ]

Z

原帖由 QWE321 于 2007-12-7 11:23 发表
1 K: N3 d. ^; b" U
question is the mortage contract signed already, but not star paying yet.
0 E- |8 s% m, qAs bank, how many percentage profit they made from mortage?
http://www.financialpost.com/story.html?id=152492
+ X# X7 z# m( l; b( {0 s8 iCIBC lost h ...

. g3 [0 p. ~) J, i0 [# L
& R$ S/ f( u0 z, d$ h3 X1 W% l兄弟，你还是用中文吧。我英文不够好。

QWE321

原帖由 MyFairy 于 2007-12-7 12:03 发表

$ B2 _! }# C; F4 D9 {: E" F* Z
We are talking about "how banks make their money?

5 y8 ^9 ^8 P( |- b7 h# f8 J6 zIf i can have my mortgage approved easy, you can do that easily. I believe the house price will up.
otherwise, house will down.

MyFairy

原帖由 QWE321 于 2007-12-7 12:09 发表
; J1 g2 Y5 H  l6 M* g
If i can have my mortgage approved easy, you can do that easily. I believe the house price will up.
" y1 N# i2 ]  L! Wotherwise, house will down.

2 f) y4 `+ v% D: hI 服了 you 了
* S' e1 E5 G. B; L0 t6 TBye

紫光

楼主的帖子及回复其实涉及了3个问题。
1、银行的贷款依据
2、是否已经开始紧缩银根
3、今后热钱的去向
不可谓不高瞻远瞩、天马行空也。鉴定完毕！
+ w8 P2 L* `/ j3 G3 K: D- O
[ 本帖最后由 紫光 于 2007-12-7 12:59 编辑 ]