- This topic has 125 replies, 15 voices, and was last updated 16 years, 8 months ago by robson.
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February 24, 2008 at 7:05 PM #159559February 24, 2008 at 9:07 PM #159225MultiplepropertyownerParticipant
I think the point was use others cash when you can, but in the end cash opens doors when you need it done. I would agree that nothing is for certain, but I have just tried to hold somewhat close to these, and it has been good so far. My Dad’s biggest issue was not deals gone bad with sellers, but issues with partners. This one is not his, but I also liked “When business is good, who needs a partner.”
February 24, 2008 at 9:07 PM #159519MultiplepropertyownerParticipantI think the point was use others cash when you can, but in the end cash opens doors when you need it done. I would agree that nothing is for certain, but I have just tried to hold somewhat close to these, and it has been good so far. My Dad’s biggest issue was not deals gone bad with sellers, but issues with partners. This one is not his, but I also liked “When business is good, who needs a partner.”
February 24, 2008 at 9:07 PM #159532MultiplepropertyownerParticipantI think the point was use others cash when you can, but in the end cash opens doors when you need it done. I would agree that nothing is for certain, but I have just tried to hold somewhat close to these, and it has been good so far. My Dad’s biggest issue was not deals gone bad with sellers, but issues with partners. This one is not his, but I also liked “When business is good, who needs a partner.”
February 24, 2008 at 9:07 PM #159536MultiplepropertyownerParticipantI think the point was use others cash when you can, but in the end cash opens doors when you need it done. I would agree that nothing is for certain, but I have just tried to hold somewhat close to these, and it has been good so far. My Dad’s biggest issue was not deals gone bad with sellers, but issues with partners. This one is not his, but I also liked “When business is good, who needs a partner.”
February 24, 2008 at 9:07 PM #159612MultiplepropertyownerParticipantI think the point was use others cash when you can, but in the end cash opens doors when you need it done. I would agree that nothing is for certain, but I have just tried to hold somewhat close to these, and it has been good so far. My Dad’s biggest issue was not deals gone bad with sellers, but issues with partners. This one is not his, but I also liked “When business is good, who needs a partner.”
February 29, 2008 at 3:10 PM #162816patientlywaitingParticipantChristian Menegatti, lead analyst at RGE Monitor, said the firm predicted more homeowners would walk away from their homes if prices continued to drop, regardless of their financial circumstances. If home prices drop an additional 10 percent, Mr. Menegatti said, 20 million households will owe more than the value of their homes.
http://www.nytimes.com/2008/02/29/us/29walks.html?hp=&pagewanted=print
February 29, 2008 at 3:10 PM #163121patientlywaitingParticipantChristian Menegatti, lead analyst at RGE Monitor, said the firm predicted more homeowners would walk away from their homes if prices continued to drop, regardless of their financial circumstances. If home prices drop an additional 10 percent, Mr. Menegatti said, 20 million households will owe more than the value of their homes.
February 29, 2008 at 3:10 PM #163135patientlywaitingParticipantChristian Menegatti, lead analyst at RGE Monitor, said the firm predicted more homeowners would walk away from their homes if prices continued to drop, regardless of their financial circumstances. If home prices drop an additional 10 percent, Mr. Menegatti said, 20 million households will owe more than the value of their homes.
February 29, 2008 at 3:10 PM #163148patientlywaitingParticipantChristian Menegatti, lead analyst at RGE Monitor, said the firm predicted more homeowners would walk away from their homes if prices continued to drop, regardless of their financial circumstances. If home prices drop an additional 10 percent, Mr. Menegatti said, 20 million households will owe more than the value of their homes.
February 29, 2008 at 3:10 PM #163226patientlywaitingParticipantChristian Menegatti, lead analyst at RGE Monitor, said the firm predicted more homeowners would walk away from their homes if prices continued to drop, regardless of their financial circumstances. If home prices drop an additional 10 percent, Mr. Menegatti said, 20 million households will owe more than the value of their homes.
February 29, 2008 at 6:18 PM #162951robsonParticipantAccording to the census bureau http://factfinder.census.gov
there were 51,234,170 owner-occupied homes with a mortgage vs. 23,852,315 without a mortgage. About 75M owner occupied homes. However, there are 126M total homes. 8.8M homes underwater represents 10% of what exactly? Total owner occupied homes is the closest. A little more clarity in the article would be great, but it definitely doesn’t seem to mean 10% of mortgaged properties. 8.8/51 is more like 16%February 29, 2008 at 6:18 PM #163256robsonParticipantAccording to the census bureau http://factfinder.census.gov
there were 51,234,170 owner-occupied homes with a mortgage vs. 23,852,315 without a mortgage. About 75M owner occupied homes. However, there are 126M total homes. 8.8M homes underwater represents 10% of what exactly? Total owner occupied homes is the closest. A little more clarity in the article would be great, but it definitely doesn’t seem to mean 10% of mortgaged properties. 8.8/51 is more like 16%February 29, 2008 at 6:18 PM #163268robsonParticipantAccording to the census bureau http://factfinder.census.gov
there were 51,234,170 owner-occupied homes with a mortgage vs. 23,852,315 without a mortgage. About 75M owner occupied homes. However, there are 126M total homes. 8.8M homes underwater represents 10% of what exactly? Total owner occupied homes is the closest. A little more clarity in the article would be great, but it definitely doesn’t seem to mean 10% of mortgaged properties. 8.8/51 is more like 16%February 29, 2008 at 6:18 PM #163280robsonParticipantAccording to the census bureau http://factfinder.census.gov
there were 51,234,170 owner-occupied homes with a mortgage vs. 23,852,315 without a mortgage. About 75M owner occupied homes. However, there are 126M total homes. 8.8M homes underwater represents 10% of what exactly? Total owner occupied homes is the closest. A little more clarity in the article would be great, but it definitely doesn’t seem to mean 10% of mortgaged properties. 8.8/51 is more like 16% -
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