Can you trust the Foreclosure Link on sdlookup.com

[fcepstein]

Hi All,
I’m just another Engineer waiting in the weeds trying to “read the data” to determine the right time to get back in the housing market. With the recent up-surge in home prices in San Diego, one might conclude it is time to buy. However, if you click on the Foreclosure link in sdlookup.com, the story appears to show there will be considerable downward pressure on the market if at least half of the pre-foreclosures go into full foreclosure. The sdlookup link goes to the Foreclosure.com website, which I’ve never fully trusted. Combine that with the shadow inventory and the job market, my sense is that we will see another drop in prices once the spring rally ends.

What is everyone’s opinion on this? Can you trust Foreclosure.com data? Thanks

[[email protected]]

Hi, If you are presently renting the best time to buy is NOW. Mortgage rates are near historic lows and home prices look like they have firmed.

Every day you wait to buy your home you are throwing your rent money down the toilet and losing your home loan interest deduction.

Will additional forclosures come on the market and soften home prices… who knows. However, I do know that purchasing a home today is a sure thing.

When you get ready to start shopping for a home and mortgage check out my rate survey at: http://www.themtgmentor.com/Rate_Survey.html You will be surprised how I stack up to the Big Box Lenders.

Best regards
Bill Ladewig

[[email protected]]

Hi, If you are presently renting the best time to buy is NOW. Mortgage rates are near historic lows and home prices look like they have firmed.

Every day you wait to buy your home you are throwing your rent money down the toilet and losing your home loan interest deduction.

Will additional forclosures come on the market and soften home prices… who knows. However, I do know that purchasing a home today is a sure thing.

When you get ready to start shopping for a home and mortgage check out my rate survey at: http://www.themtgmentor.com/Rate_Survey.html You will be surprised how I stack up to the Big Box Lenders.

Best regards
Bill Ladewig

[[email protected]]

Hi, If you are presently renting the best time to buy is NOW. Mortgage rates are near historic lows and home prices look like they have firmed.

Every day you wait to buy your home you are throwing your rent money down the toilet and losing your home loan interest deduction.

Will additional forclosures come on the market and soften home prices… who knows. However, I do know that purchasing a home today is a sure thing.

When you get ready to start shopping for a home and mortgage check out my rate survey at: http://www.themtgmentor.com/Rate_Survey.html You will be surprised how I stack up to the Big Box Lenders.

Best regards
Bill Ladewig

[[email protected]]

Hi, If you are presently renting the best time to buy is NOW. Mortgage rates are near historic lows and home prices look like they have firmed.

Every day you wait to buy your home you are throwing your rent money down the toilet and losing your home loan interest deduction.

Will additional forclosures come on the market and soften home prices… who knows. However, I do know that purchasing a home today is a sure thing.

When you get ready to start shopping for a home and mortgage check out my rate survey at: http://www.themtgmentor.com/Rate_Survey.html You will be surprised how I stack up to the Big Box Lenders.

Best regards
Bill Ladewig

[[email protected]]

Hi, If you are presently renting the best time to buy is NOW. Mortgage rates are near historic lows and home prices look like they have firmed.

Every day you wait to buy your home you are throwing your rent money down the toilet and losing your home loan interest deduction.

Will additional forclosures come on the market and soften home prices… who knows. However, I do know that purchasing a home today is a sure thing.

When you get ready to start shopping for a home and mortgage check out my rate survey at: http://www.themtgmentor.com/Rate_Survey.html You will be surprised how I stack up to the Big Box Lenders.

Best regards
Bill Ladewig

[temeculaguy]

Bill I warned you a week ago in a very kind way, perhaps you missed it.

http://piggington.com/fha_insurance_cost#comment-130395

I am growing weary of your borderline spam. Feel free to participate but if all you have to add is an ad, then be gone with you or suffer the consequences.

[temeculaguy]

Bill I warned you a week ago in a very kind way, perhaps you missed it.

http://piggington.com/fha_insurance_cost#comment-130395

I am growing weary of your borderline spam. Feel free to participate but if all you have to add is an ad, then be gone with you or suffer the consequences.

[temeculaguy]

Bill I warned you a week ago in a very kind way, perhaps you missed it.

http://piggington.com/fha_insurance_cost#comment-130395

I am growing weary of your borderline spam. Feel free to participate but if all you have to add is an ad, then be gone with you or suffer the consequences.

[temeculaguy]

Bill I warned you a week ago in a very kind way, perhaps you missed it.

http://piggington.com/fha_insurance_cost#comment-130395

I am growing weary of your borderline spam. Feel free to participate but if all you have to add is an ad, then be gone with you or suffer the consequences.

[temeculaguy]

Bill I warned you a week ago in a very kind way, perhaps you missed it.

http://piggington.com/fha_insurance_cost#comment-130395

I am growing weary of your borderline spam. Feel free to participate but if all you have to add is an ad, then be gone with you or suffer the consequences.

[SD Realtor]

fcep we have had alot of discourse on when the time to buy is/was/or will be.

My advice is for you to read previous postings. In short the time to buy varies for everyone. It depends on where you want to buy, what type of property you want to buy, what you have to put down, and what you believe.

What I can say is that don’t believe everything you read. The naked statistics would indicate that we have alot of foreclosures coming, we have continuing unemployment, we have low rates, we have pretty much and insolvent banking system, and we have govt officials telling us the worst is over. Furthermore you have guys posting like the idiot above telling you no better time like now to buy. In the face of these facts, we have more sales activity then I have seen in several years, we have an undeniable fact that SOMETIME in the future we will have skyrocketing interest rates, and it is very probable the dollar will not be the reserve currency anymore. There are some posters here who are theorizing very cataclysmic events in the near future.

So the answer to your question is…. I don’t know. You have to do what works for you. Try not to believe the hype. I can make arguments for you to buy or for you not to buy but things are so damn strange now that it is hard to trust anything the media puts out anymore.

If buying is something you can afford and will bring your family happiness, and you are gainfully employed, then perhaps it will work for you. If you are looking for a large price decrease in a few months, I personally don’t see it happening. If you can wait another year or 2 or 3 then yes it may happen due to either large interest rate shock, or something else substantial.

Sorry I cannot be more precise right now.

[SD Realtor]

fcep we have had alot of discourse on when the time to buy is/was/or will be.

My advice is for you to read previous postings. In short the time to buy varies for everyone. It depends on where you want to buy, what type of property you want to buy, what you have to put down, and what you believe.

What I can say is that don’t believe everything you read. The naked statistics would indicate that we have alot of foreclosures coming, we have continuing unemployment, we have low rates, we have pretty much and insolvent banking system, and we have govt officials telling us the worst is over. Furthermore you have guys posting like the idiot above telling you no better time like now to buy. In the face of these facts, we have more sales activity then I have seen in several years, we have an undeniable fact that SOMETIME in the future we will have skyrocketing interest rates, and it is very probable the dollar will not be the reserve currency anymore. There are some posters here who are theorizing very cataclysmic events in the near future.

So the answer to your question is…. I don’t know. You have to do what works for you. Try not to believe the hype. I can make arguments for you to buy or for you not to buy but things are so damn strange now that it is hard to trust anything the media puts out anymore.

If buying is something you can afford and will bring your family happiness, and you are gainfully employed, then perhaps it will work for you. If you are looking for a large price decrease in a few months, I personally don’t see it happening. If you can wait another year or 2 or 3 then yes it may happen due to either large interest rate shock, or something else substantial.

Sorry I cannot be more precise right now.

[SD Realtor]

fcep we have had alot of discourse on when the time to buy is/was/or will be.

My advice is for you to read previous postings. In short the time to buy varies for everyone. It depends on where you want to buy, what type of property you want to buy, what you have to put down, and what you believe.

What I can say is that don’t believe everything you read. The naked statistics would indicate that we have alot of foreclosures coming, we have continuing unemployment, we have low rates, we have pretty much and insolvent banking system, and we have govt officials telling us the worst is over. Furthermore you have guys posting like the idiot above telling you no better time like now to buy. In the face of these facts, we have more sales activity then I have seen in several years, we have an undeniable fact that SOMETIME in the future we will have skyrocketing interest rates, and it is very probable the dollar will not be the reserve currency anymore. There are some posters here who are theorizing very cataclysmic events in the near future.

So the answer to your question is…. I don’t know. You have to do what works for you. Try not to believe the hype. I can make arguments for you to buy or for you not to buy but things are so damn strange now that it is hard to trust anything the media puts out anymore.

If buying is something you can afford and will bring your family happiness, and you are gainfully employed, then perhaps it will work for you. If you are looking for a large price decrease in a few months, I personally don’t see it happening. If you can wait another year or 2 or 3 then yes it may happen due to either large interest rate shock, or something else substantial.

Sorry I cannot be more precise right now.

[SD Realtor]

fcep we have had alot of discourse on when the time to buy is/was/or will be.

My advice is for you to read previous postings. In short the time to buy varies for everyone. It depends on where you want to buy, what type of property you want to buy, what you have to put down, and what you believe.

What I can say is that don’t believe everything you read. The naked statistics would indicate that we have alot of foreclosures coming, we have continuing unemployment, we have low rates, we have pretty much and insolvent banking system, and we have govt officials telling us the worst is over. Furthermore you have guys posting like the idiot above telling you no better time like now to buy. In the face of these facts, we have more sales activity then I have seen in several years, we have an undeniable fact that SOMETIME in the future we will have skyrocketing interest rates, and it is very probable the dollar will not be the reserve currency anymore. There are some posters here who are theorizing very cataclysmic events in the near future.

So the answer to your question is…. I don’t know. You have to do what works for you. Try not to believe the hype. I can make arguments for you to buy or for you not to buy but things are so damn strange now that it is hard to trust anything the media puts out anymore.

If buying is something you can afford and will bring your family happiness, and you are gainfully employed, then perhaps it will work for you. If you are looking for a large price decrease in a few months, I personally don’t see it happening. If you can wait another year or 2 or 3 then yes it may happen due to either large interest rate shock, or something else substantial.

Sorry I cannot be more precise right now.

[Author]

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