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	<title>Damascus Gate &#187; Real Estate</title>
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	<link>http://damascusgate.com</link>
	<description>My thoughts on the Middle East and other things</description>
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		<title>Non-conforming loans</title>
		<link>http://damascusgate.com/non-conforming-loans.htm</link>
		<comments>http://damascusgate.com/non-conforming-loans.htm#comments</comments>
		<pubDate>Thu, 14 Jan 2010 18:36:38 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bank of america]]></category>
		<category><![CDATA[chase bank]]></category>
		<category><![CDATA[credit unions]]></category>
		<category><![CDATA[non-conforming loans]]></category>

		<guid isPermaLink="false">http://damascusgate.com/?p=233</guid>
		<description><![CDATA[If you have tried and failed to get a loan from one of the big banks (Bank of America, Chase, etc) don&#8217;t despair, you still may be able to get what is called a non-conforming loan from a local bank or credit union.
A non-conforming loan is a loan where the borrower does not meet the [...]]]></description>
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		<title>Should I pay off my student loans?</title>
		<link>http://damascusgate.com/should-i-pay-off-my-student-loans.htm</link>
		<comments>http://damascusgate.com/should-i-pay-off-my-student-loans.htm#comments</comments>
		<pubDate>Mon, 14 Dec 2009 02:59:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Personal Finance]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[credit cards]]></category>
		<category><![CDATA[debt-to-income ratio]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[student loans]]></category>

		<guid isPermaLink="false">http://damascusgate.com/?p=228</guid>
		<description><![CDATA[This is a tough question that  I&#8217;ve been pondering ever since I graduated from undergrad in 2000.  On the one hand, student loans give you the best interest rates by far.  My student interest rates were only 3.5% and I was pretty sure I could do better than that with other investments elsewhere so I [...]]]></description>
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		<title>Buying houses as students</title>
		<link>http://damascusgate.com/buying-houses-as-students.htm</link>
		<comments>http://damascusgate.com/buying-houses-as-students.htm#comments</comments>
		<pubDate>Fri, 04 Dec 2009 15:30:04 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[bank loans]]></category>
		<category><![CDATA[home prices]]></category>
		<category><![CDATA[university of michigan]]></category>

		<guid isPermaLink="false">http://damascusgate.com/?p=206</guid>
		<description><![CDATA[My wife and I recently closed on our second house since we became students at the University of Michigan.  With the prices of housing dropping so much recently, I couldn&#8217;t pass up an opportunity to buy.  That said, not having a job made getting loans a little bit trickier although not impossible.  I&#8217;m going to [...]]]></description>
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		<title>Purchased 891 Maplewood Ave</title>
		<link>http://damascusgate.com/purchased-891-maplewood-ave.htm</link>
		<comments>http://damascusgate.com/purchased-891-maplewood-ave.htm#comments</comments>
		<pubDate>Sat, 07 Nov 2009 22:16:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[891 Maplewood]]></category>

		<guid isPermaLink="false">http://damascusgate.com/?p=244</guid>
		<description><![CDATA[Today my wife and I bought the following property:
892 Maplewood Ave.
Ypsilanti, MI 48108
Here are the specifics of the deal:
Sale Price: 54,000
Down Payment: 15,000
Type of financing: Land Contract
Loan amount: 39,000
Interest Rate: 7.5%
Loan Specifics: 15 year amortization, balloon payment after 3 years (expendable to 5 if necessary)
Monthly Payments: $361.53 Principle and Interest + $280.00 Tax and Insurance
We [...]]]></description>
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