SAIC – effect on housing

[propertysearchaddiction]

[quote=CricketOnTheHearth]Propertysearchaddiction– re your mystery house, would a RL visit to the County Clerk enable you to dig up who has actual title to the house?[/quote]

I would love to do that. Do I just walk in and ask for the info and they give it to me? I have no clue about this stuff.

CaRenter. It isn’t that one in Carlsbad. It is an ocean view home in SEH. It was a short sale for over 390 days and had a lock box. About 200 days into it they moved out. Then 6 months ago Realty Trac said it went to auction. Lock Box was taken off. 3 months later the property tax website said it was processing 2008 and 2009 taxes. The taxes have been processed and it still just sits?

Thanks for responding to the hijacking.

[sdrealtor]

If you want to send me a private message I’ll get you the 411 on it as well as on the owner if they own any other properties in So Cal.

[sdrealtor]

If you want to send me a private message I’ll get you the 411 on it as well as on the owner if they own any other properties in So Cal.

[sdrealtor]

If you want to send me a private message I’ll get you the 411 on it as well as on the owner if they own any other properties in So Cal.

[sdrealtor]

If you want to send me a private message I’ll get you the 411 on it as well as on the owner if they own any other properties in So Cal.

[sdrealtor]

If you want to send me a private message I’ll get you the 411 on it as well as on the owner if they own any other properties in So Cal.

[freshman]

[quote=creechrr]I would suspect little to no affect. SAIC has been moving jobs out of state for years. This last round is primarily the handful of bigwigs at or near the top.

Most of the worker bee jobs are going to the South/South East; Florida and Alabama. Their IT support operations moved to Florida earlier this year (March, I think). There will be some support staff left here but, not the large numbers that once were.

If the local job loss hasn’t had a major affect on housing prices yet, I doubt it will.

For those of us that would like to purchase, SAIC isn’t our problem. The government’s intervention IS.

1. Foreclosure moratoriums

2. Fed – $8,000 tax credit to purchase

3. State – $10,000 tax credit to purchase new

4. Artificially low interest rates

5. TARP – Let’s give failing enterprises money so that they can contiue to fail at a new level of failure.

6. Hope Now – Hey, let’s rework your mortgage on that house you can’t really afford and make you into what is essentially a life long renter.

The USS Fail Boat setting sail for a port near you.

Yes, I’m a little $&^#ing bitter.[/quote]

Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.

CA $10K has been used up already !!! don’t think about it.

Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.

[freshman]

[quote=creechrr]I would suspect little to no affect. SAIC has been moving jobs out of state for years. This last round is primarily the handful of bigwigs at or near the top.

Most of the worker bee jobs are going to the South/South East; Florida and Alabama. Their IT support operations moved to Florida earlier this year (March, I think). There will be some support staff left here but, not the large numbers that once were.

If the local job loss hasn’t had a major affect on housing prices yet, I doubt it will.

For those of us that would like to purchase, SAIC isn’t our problem. The government’s intervention IS.

1. Foreclosure moratoriums

2. Fed – $8,000 tax credit to purchase

3. State – $10,000 tax credit to purchase new

4. Artificially low interest rates

5. TARP – Let’s give failing enterprises money so that they can contiue to fail at a new level of failure.

6. Hope Now – Hey, let’s rework your mortgage on that house you can’t really afford and make you into what is essentially a life long renter.

The USS Fail Boat setting sail for a port near you.

Yes, I’m a little $&^#ing bitter.[/quote]

Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.

CA $10K has been used up already !!! don’t think about it.

Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.

[freshman]

[quote=creechrr]I would suspect little to no affect. SAIC has been moving jobs out of state for years. This last round is primarily the handful of bigwigs at or near the top.

Most of the worker bee jobs are going to the South/South East; Florida and Alabama. Their IT support operations moved to Florida earlier this year (March, I think). There will be some support staff left here but, not the large numbers that once were.

If the local job loss hasn’t had a major affect on housing prices yet, I doubt it will.

For those of us that would like to purchase, SAIC isn’t our problem. The government’s intervention IS.

1. Foreclosure moratoriums

2. Fed – $8,000 tax credit to purchase

3. State – $10,000 tax credit to purchase new

4. Artificially low interest rates

5. TARP – Let’s give failing enterprises money so that they can contiue to fail at a new level of failure.

6. Hope Now – Hey, let’s rework your mortgage on that house you can’t really afford and make you into what is essentially a life long renter.

The USS Fail Boat setting sail for a port near you.

Yes, I’m a little $&^#ing bitter.[/quote]

Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.

CA $10K has been used up already !!! don’t think about it.

Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.

[freshman]

[quote=creechrr]I would suspect little to no affect. SAIC has been moving jobs out of state for years. This last round is primarily the handful of bigwigs at or near the top.

Most of the worker bee jobs are going to the South/South East; Florida and Alabama. Their IT support operations moved to Florida earlier this year (March, I think). There will be some support staff left here but, not the large numbers that once were.

If the local job loss hasn’t had a major affect on housing prices yet, I doubt it will.

For those of us that would like to purchase, SAIC isn’t our problem. The government’s intervention IS.

1. Foreclosure moratoriums

2. Fed – $8,000 tax credit to purchase

3. State – $10,000 tax credit to purchase new

4. Artificially low interest rates

5. TARP – Let’s give failing enterprises money so that they can contiue to fail at a new level of failure.

6. Hope Now – Hey, let’s rework your mortgage on that house you can’t really afford and make you into what is essentially a life long renter.

The USS Fail Boat setting sail for a port near you.

Yes, I’m a little $&^#ing bitter.[/quote]

Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.

CA $10K has been used up already !!! don’t think about it.

Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.

[freshman]

[quote=creechrr]I would suspect little to no affect. SAIC has been moving jobs out of state for years. This last round is primarily the handful of bigwigs at or near the top.

Most of the worker bee jobs are going to the South/South East; Florida and Alabama. Their IT support operations moved to Florida earlier this year (March, I think). There will be some support staff left here but, not the large numbers that once were.

If the local job loss hasn’t had a major affect on housing prices yet, I doubt it will.

For those of us that would like to purchase, SAIC isn’t our problem. The government’s intervention IS.

1. Foreclosure moratoriums

2. Fed – $8,000 tax credit to purchase

3. State – $10,000 tax credit to purchase new

4. Artificially low interest rates

5. TARP – Let’s give failing enterprises money so that they can contiue to fail at a new level of failure.

6. Hope Now – Hey, let’s rework your mortgage on that house you can’t really afford and make you into what is essentially a life long renter.

The USS Fail Boat setting sail for a port near you.

Yes, I’m a little $&^#ing bitter.[/quote]

Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.

CA $10K has been used up already !!! don’t think about it.

Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.

[creechrr]

[quote=freshman]

Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.

CA $10K has been used up already !!! don’t think about it.

Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.[/quote]

Not quite that simple. There’s been talk about extending the $8K First Time Buyer credit another year and increasing the amount to $15K.

At this point the Fed does pretty much what the Fed wants. They may or may not keep buying.

Bottom line, the Gov’t/Fed shouldn’t be involved in housing. The more involvement, the more distortion. What we are seeing is essentially economic warfare declared on the working class by the “rich”. All helped along by the “me first” mentallity of the “boomers” are whatever you’d like to call the older class. It’s not a financial problem, it’s a cultural problem.

One of paradigms that I encounter on a daily bais is that of, “I’m entitle to it”. The one thing they keep forgetting or just want to ignore is that resources are limited. The more poeple at the table, the smaller your individual piece of the pie.

As the worlds population grows more people will be the table. As much as our gov’t preaches global equality, human rights, health, wealth and prosperity for all, it can’t happen. The policies and the feel good speeches are at odds with each other demonstrating that the gov’t clearly understands that fact. They keep us chasing the scraps while they feast.

We’re all so worried about terrorism, global warming, having the latest and greatest gadget/clothes/granite counter tops/SS appliances that we as a whole don’t notice much. In the last decade, we’ve had the Patriot Act, Bankruptcy Act of 2005, TARP, and it appears as though B of A was forced to buy Merril Lynch. All without much interest of the general populace.

I really think that as time passes, a large number of recent home “owners” are going to be kicking themselves. They are going to realize that they don’t really own anything. The home and the gov’t/banks by proxy will really own them.

I reaize that this text is probably a little disjointed as I feverishly write this during a break but, I really urge everyone to give it some thought.

[creechrr]

[quote=freshman]

Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.

CA $10K has been used up already !!! don’t think about it.

Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.[/quote]

Not quite that simple. There’s been talk about extending the $8K First Time Buyer credit another year and increasing the amount to $15K.

At this point the Fed does pretty much what the Fed wants. They may or may not keep buying.

Bottom line, the Gov’t/Fed shouldn’t be involved in housing. The more involvement, the more distortion. What we are seeing is essentially economic warfare declared on the working class by the “rich”. All helped along by the “me first” mentallity of the “boomers” are whatever you’d like to call the older class. It’s not a financial problem, it’s a cultural problem.

One of paradigms that I encounter on a daily bais is that of, “I’m entitle to it”. The one thing they keep forgetting or just want to ignore is that resources are limited. The more poeple at the table, the smaller your individual piece of the pie.

As the worlds population grows more people will be the table. As much as our gov’t preaches global equality, human rights, health, wealth and prosperity for all, it can’t happen. The policies and the feel good speeches are at odds with each other demonstrating that the gov’t clearly understands that fact. They keep us chasing the scraps while they feast.

We’re all so worried about terrorism, global warming, having the latest and greatest gadget/clothes/granite counter tops/SS appliances that we as a whole don’t notice much. In the last decade, we’ve had the Patriot Act, Bankruptcy Act of 2005, TARP, and it appears as though B of A was forced to buy Merril Lynch. All without much interest of the general populace.

I really think that as time passes, a large number of recent home “owners” are going to be kicking themselves. They are going to realize that they don’t really own anything. The home and the gov’t/banks by proxy will really own them.

I reaize that this text is probably a little disjointed as I feverishly write this during a break but, I really urge everyone to give it some thought.

[creechrr]

[quote=freshman]

Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.

CA $10K has been used up already !!! don’t think about it.

Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.[/quote]

Not quite that simple. There’s been talk about extending the $8K First Time Buyer credit another year and increasing the amount to $15K.

At this point the Fed does pretty much what the Fed wants. They may or may not keep buying.

Bottom line, the Gov’t/Fed shouldn’t be involved in housing. The more involvement, the more distortion. What we are seeing is essentially economic warfare declared on the working class by the “rich”. All helped along by the “me first” mentallity of the “boomers” are whatever you’d like to call the older class. It’s not a financial problem, it’s a cultural problem.

One of paradigms that I encounter on a daily bais is that of, “I’m entitle to it”. The one thing they keep forgetting or just want to ignore is that resources are limited. The more poeple at the table, the smaller your individual piece of the pie.

As the worlds population grows more people will be the table. As much as our gov’t preaches global equality, human rights, health, wealth and prosperity for all, it can’t happen. The policies and the feel good speeches are at odds with each other demonstrating that the gov’t clearly understands that fact. They keep us chasing the scraps while they feast.

We’re all so worried about terrorism, global warming, having the latest and greatest gadget/clothes/granite counter tops/SS appliances that we as a whole don’t notice much. In the last decade, we’ve had the Patriot Act, Bankruptcy Act of 2005, TARP, and it appears as though B of A was forced to buy Merril Lynch. All without much interest of the general populace.

I really think that as time passes, a large number of recent home “owners” are going to be kicking themselves. They are going to realize that they don’t really own anything. The home and the gov’t/banks by proxy will really own them.

I reaize that this text is probably a little disjointed as I feverishly write this during a break but, I really urge everyone to give it some thought.

[creechrr]

[quote=freshman]

Fed $8000 credit will expire on Dec 1, 2009 and it is for first time buyer only. They are talking to extend this plan for few more months…. or not, keep eyes on the news.

CA $10K has been used up already !!! don’t think about it.

Artifically low interst rate will be gone after end of Oct ! because Fed won’t buy the securities after end of Oct. If investors put money on bond, then the rate may be kept in low level. But if they jump to stock market, not sure how high the mortgage rate will go and how the house price will drop further. You can either buy a cheaper house or lock a lower rate I guess.[/quote]

Not quite that simple. There’s been talk about extending the $8K First Time Buyer credit another year and increasing the amount to $15K.

At this point the Fed does pretty much what the Fed wants. They may or may not keep buying.

Bottom line, the Gov’t/Fed shouldn’t be involved in housing. The more involvement, the more distortion. What we are seeing is essentially economic warfare declared on the working class by the “rich”. All helped along by the “me first” mentallity of the “boomers” are whatever you’d like to call the older class. It’s not a financial problem, it’s a cultural problem.

One of paradigms that I encounter on a daily bais is that of, “I’m entitle to it”. The one thing they keep forgetting or just want to ignore is that resources are limited. The more poeple at the table, the smaller your individual piece of the pie.

As the worlds population grows more people will be the table. As much as our gov’t preaches global equality, human rights, health, wealth and prosperity for all, it can’t happen. The policies and the feel good speeches are at odds with each other demonstrating that the gov’t clearly understands that fact. They keep us chasing the scraps while they feast.

We’re all so worried about terrorism, global warming, having the latest and greatest gadget/clothes/granite counter tops/SS appliances that we as a whole don’t notice much. In the last decade, we’ve had the Patriot Act, Bankruptcy Act of 2005, TARP, and it appears as though B of A was forced to buy Merril Lynch. All without much interest of the general populace.

I really think that as time passes, a large number of recent home “owners” are going to be kicking themselves. They are going to realize that they don’t really own anything. The home and the gov’t/banks by proxy will really own them.

I reaize that this text is probably a little disjointed as I feverishly write this during a break but, I really urge everyone to give it some thought.

[Author]

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