- This topic has 148 replies, 25 voices, and was last updated 17 years, 4 months ago by
unbiasedobserver.
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November 10, 2007 at 6:20 PM #98360November 10, 2007 at 6:20 PM #98367
drunkle
Participantflu:
i was wondering about buying another house as a means of protecting his cash against seizure… use the whole thing to buy outright or as a downpayment should someone lend him the rest…
i think it’d be a lot harder to simply make that kind of money “disappear”… pretty sure cc fraud is also a serious offense…
November 10, 2007 at 6:37 PM #98292NotCranky
ParticipantDon’t employers do credit checks to see if a person might have issues that affect employ-ability? Isn’t excessive debt or signs of instability on a credit report a reason not to hire someone for many types of jobs?
November 10, 2007 at 6:37 PM #98354NotCranky
ParticipantDon’t employers do credit checks to see if a person might have issues that affect employ-ability? Isn’t excessive debt or signs of instability on a credit report a reason not to hire someone for many types of jobs?
November 10, 2007 at 6:37 PM #98364NotCranky
ParticipantDon’t employers do credit checks to see if a person might have issues that affect employ-ability? Isn’t excessive debt or signs of instability on a credit report a reason not to hire someone for many types of jobs?
November 10, 2007 at 6:37 PM #98372NotCranky
ParticipantDon’t employers do credit checks to see if a person might have issues that affect employ-ability? Isn’t excessive debt or signs of instability on a credit report a reason not to hire someone for many types of jobs?
November 10, 2007 at 7:02 PM #98296ocean
ParticipantNot gonna get a short sale approved with a free and clear condo…..unless he is filling to go way out on the hook and state under penalty of perjury that he has no assets.Sounds a little risky to me.
November 10, 2007 at 7:02 PM #98358ocean
ParticipantNot gonna get a short sale approved with a free and clear condo…..unless he is filling to go way out on the hook and state under penalty of perjury that he has no assets.Sounds a little risky to me.
November 10, 2007 at 7:02 PM #98368ocean
ParticipantNot gonna get a short sale approved with a free and clear condo…..unless he is filling to go way out on the hook and state under penalty of perjury that he has no assets.Sounds a little risky to me.
November 10, 2007 at 7:02 PM #98376ocean
ParticipantNot gonna get a short sale approved with a free and clear condo…..unless he is filling to go way out on the hook and state under penalty of perjury that he has no assets.Sounds a little risky to me.
November 11, 2007 at 10:40 AM #98389unbiasedobserver
ParticipantMy landlord owns around 10 properties in SD and Vegas. A few years ago she was adament about never selling any of them, blah blah blah. It’s easy to say that when they’re all appriciating. Lately when I talk to her she seems really down, almost depressed and has mentioned wanting to sell some of them. I suspect she is highly leveraged and used equity from his first ones to buy the rest, and now realizes her equity is disappering rapidly.
November 11, 2007 at 10:40 AM #98453unbiasedobserver
ParticipantMy landlord owns around 10 properties in SD and Vegas. A few years ago she was adament about never selling any of them, blah blah blah. It’s easy to say that when they’re all appriciating. Lately when I talk to her she seems really down, almost depressed and has mentioned wanting to sell some of them. I suspect she is highly leveraged and used equity from his first ones to buy the rest, and now realizes her equity is disappering rapidly.
November 11, 2007 at 10:40 AM #98464unbiasedobserver
ParticipantMy landlord owns around 10 properties in SD and Vegas. A few years ago she was adament about never selling any of them, blah blah blah. It’s easy to say that when they’re all appriciating. Lately when I talk to her she seems really down, almost depressed and has mentioned wanting to sell some of them. I suspect she is highly leveraged and used equity from his first ones to buy the rest, and now realizes her equity is disappering rapidly.
November 11, 2007 at 10:40 AM #98469unbiasedobserver
ParticipantMy landlord owns around 10 properties in SD and Vegas. A few years ago she was adament about never selling any of them, blah blah blah. It’s easy to say that when they’re all appriciating. Lately when I talk to her she seems really down, almost depressed and has mentioned wanting to sell some of them. I suspect she is highly leveraged and used equity from his first ones to buy the rest, and now realizes her equity is disappering rapidly.
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