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option ARM's - buyer beware
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09-18-2006, 12:33 PM
Brian Carlton
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Join Date: May 2002
Location: Blue Point, NY
Posts: 25,396
Quote:
Originally Posted by
thorsen
I never quite understood why an average Joe would want an ARM. .
That's an easy answer.
The average Joe can purchase a $500K house with a $75K income.
Brian Carlton
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