"I suggest we start each new response with the mindset of "Thanks for sharing that and participating in this forum. I invite you to consider my point of view…"
docteur – i couldn't agree with you more!
PoppaKoppa, thank you for your response. I went to the site, but to see answers on the topics i am interested, the site ask for too much personal information. i do not want to be called or contacted.
At this point i prefer to get information from forums like this one. Where i can see different points of views so i can make my own decisions. Waiting hawk asked what is a realtor doing in this forums. I think (notice this is my opinion not necessary a true fact) that a good realtor wants to know the demand trends and psycology. They know the market and short/mid term demand (people that contact them thru websites, referrals, etc.) but by participating in these forums they could get a look in to a group of people that could be a buyer but are not. That adds another factor they should consider to develop their job strategy.
In that sense, i find it great that realtors, appraisers,etc participate here as well so we can learn from their experience and the insight knowlegde on the market.
Again this is why i like these forums as opposed to websites with only RE agents view or only bubble believers view.
Back to PoppaKoppa, as i mentioned before i am not even sure i want to live in SD long term so the "HOLD" in "Buy right, finance well and hold" is what i cannot garantee.
separate comment
"If a seller's total net worth is lower than 10% of the "NEW, LOWER MARKET VALUE" of their home, they must act early (best BEFORE DEFAULT) to qualify for Debt Forgiveness by their mortgage holder." I still do not understand this "debt forgivenes" programs, If someone makes a bad decision, he/she have to deal with the consequences. I understand if lenders give program to help refi the debt, but forgive the debt is what i do not get.
