IvyGate properties in 4S Ranch

[briansd1]

It looks like, so far, the loan mods are only part of the stabilizing government programs.

The re-default rate is nearly universal, but lenders and the government know that. Loan mods keep houses off the market for a while and help put a floor to the bottom.

That only means elongating the recovery period.

We’ll see in 2015/2016 how many peak buyers are still left standing. I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.

In markets such as Downtown where people bought as pure investment plays, the purging will be painful.

[an]

[quote=briansd1]I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.

In markets such as Downtown where people bought as pure investment plays, the purging will be painful.[/quote]
Thanks for clarifying this:

[quote=briansd1]
Those peak purchases will nearly ALL get purged then recycled to lower cost basis.[/quote]

So ALL does not really mean ALL.

[an]

[quote=briansd1]I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.

In markets such as Downtown where people bought as pure investment plays, the purging will be painful.[/quote]
Thanks for clarifying this:

[quote=briansd1]
Those peak purchases will nearly ALL get purged then recycled to lower cost basis.[/quote]

So ALL does not really mean ALL.

[an]

[quote=briansd1]I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.

In markets such as Downtown where people bought as pure investment plays, the purging will be painful.[/quote]
Thanks for clarifying this:

[quote=briansd1]
Those peak purchases will nearly ALL get purged then recycled to lower cost basis.[/quote]

So ALL does not really mean ALL.

[an]

[quote=briansd1]I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.

In markets such as Downtown where people bought as pure investment plays, the purging will be painful.[/quote]
Thanks for clarifying this:

[quote=briansd1]
Those peak purchases will nearly ALL get purged then recycled to lower cost basis.[/quote]

So ALL does not really mean ALL.

[an]

[quote=briansd1]I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.

In markets such as Downtown where people bought as pure investment plays, the purging will be painful.[/quote]
Thanks for clarifying this:

[quote=briansd1]
Those peak purchases will nearly ALL get purged then recycled to lower cost basis.[/quote]

So ALL does not really mean ALL.

[jpinpb]

[quote=briansd1]I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.

In markets such as Downtown where people bought as pure investment plays, the purging will be painful.[/quote]

They probably sold their condo d/t or maybe even Mira Mesa. 😉

[jpinpb]

[quote=briansd1]I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.

In markets such as Downtown where people bought as pure investment plays, the purging will be painful.[/quote]

They probably sold their condo d/t or maybe even Mira Mesa. 😉

[jpinpb]

[quote=briansd1]I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.

In markets such as Downtown where people bought as pure investment plays, the purging will be painful.[/quote]

They probably sold their condo d/t or maybe even Mira Mesa. 😉

[jpinpb]

[quote=briansd1]I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.

In markets such as Downtown where people bought as pure investment plays, the purging will be painful.[/quote]

They probably sold their condo d/t or maybe even Mira Mesa. 😉

[jpinpb]

[quote=briansd1]I suspect that there will be a few a 4S Ranch who have the wherewithal to stay because they rolled over equity from selling elsewhere and intend to stay.

In markets such as Downtown where people bought as pure investment plays, the purging will be painful.[/quote]

They probably sold their condo d/t or maybe even Mira Mesa. 😉

[Eugene]

The former owner of 16344 Winecreek got his notice of default on … (drumroll)… April 24, 2008. I wonder how he managed to hold on to the property for that long?

[Eugene]

The former owner of 16344 Winecreek got his notice of default on … (drumroll)… April 24, 2008. I wonder how he managed to hold on to the property for that long?

[Eugene]

The former owner of 16344 Winecreek got his notice of default on … (drumroll)… April 24, 2008. I wonder how he managed to hold on to the property for that long?

[Eugene]

The former owner of 16344 Winecreek got his notice of default on … (drumroll)… April 24, 2008. I wonder how he managed to hold on to the property for that long?

[Author]

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