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Nor-LA-SD-guy.
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August 13, 2009 at 12:54 AM #445074August 13, 2009 at 8:03 AM #444316
Nor-LA-SD-guy
Participant[quote=temeculaguy]squatting wont increase and you can’t call the sheriff because nobody is breaking any laws, squatting references people who just move into a vacant house without permission. Neither of the anectdotal stories indicates that is happening.
paramount, we live within a bike ride of each other and within a few miles of the OP, let me ask you this since you are doubting your instincts: Do you see more vacants today than last year or the year before? It’s August, what’s the brown lawn percentage compared to the past two summers? There’s always a back story to the story, so just trust what you see. My experience was that in the summer of 2007, brown lawns started showing up, summer 2008 they were every 6th or 7th one. Today, not so much, I can walk my dogs and only see one or two out of a few hundred. People can tell me all the stories they want but I didn’t just start making notes about brown lawns and vacants, I’ve been a student in this class for a couple of years (as have you) and the worst is not yet to come, it is behind us.[/quote]
The situation as I see it now is the system is rigged in favor of the all cash investor
The Problem before was we had Overzealous appraisers and over willing lenders.
Now it is just the opposite problem, over cautious appraisers and very reluctant lenders.
So the low balling all cash investor wins every time.
Anyway that’s the situation on the ground in TV as I see it.
August 13, 2009 at 8:03 AM #444509Participant[quote=temeculaguy]squatting wont increase and you can’t call the sheriff because nobody is breaking any laws, squatting references people who just move into a vacant house without permission. Neither of the anectdotal stories indicates that is happening.
paramount, we live within a bike ride of each other and within a few miles of the OP, let me ask you this since you are doubting your instincts: Do you see more vacants today than last year or the year before? It’s August, what’s the brown lawn percentage compared to the past two summers? There’s always a back story to the story, so just trust what you see. My experience was that in the summer of 2007, brown lawns started showing up, summer 2008 they were every 6th or 7th one. Today, not so much, I can walk my dogs and only see one or two out of a few hundred. People can tell me all the stories they want but I didn’t just start making notes about brown lawns and vacants, I’ve been a student in this class for a couple of years (as have you) and the worst is not yet to come, it is behind us.[/quote]
The situation as I see it now is the system is rigged in favor of the all cash investor
The Problem before was we had Overzealous appraisers and over willing lenders.
Now it is just the opposite problem, over cautious appraisers and very reluctant lenders.
So the low balling all cash investor wins every time.
Anyway that’s the situation on the ground in TV as I see it.
August 13, 2009 at 8:03 AM #444846Participant[quote=temeculaguy]squatting wont increase and you can’t call the sheriff because nobody is breaking any laws, squatting references people who just move into a vacant house without permission. Neither of the anectdotal stories indicates that is happening.
paramount, we live within a bike ride of each other and within a few miles of the OP, let me ask you this since you are doubting your instincts: Do you see more vacants today than last year or the year before? It’s August, what’s the brown lawn percentage compared to the past two summers? There’s always a back story to the story, so just trust what you see. My experience was that in the summer of 2007, brown lawns started showing up, summer 2008 they were every 6th or 7th one. Today, not so much, I can walk my dogs and only see one or two out of a few hundred. People can tell me all the stories they want but I didn’t just start making notes about brown lawns and vacants, I’ve been a student in this class for a couple of years (as have you) and the worst is not yet to come, it is behind us.[/quote]
The situation as I see it now is the system is rigged in favor of the all cash investor
The Problem before was we had Overzealous appraisers and over willing lenders.
Now it is just the opposite problem, over cautious appraisers and very reluctant lenders.
So the low balling all cash investor wins every time.
Anyway that’s the situation on the ground in TV as I see it.
August 13, 2009 at 8:03 AM #444915Participant[quote=temeculaguy]squatting wont increase and you can’t call the sheriff because nobody is breaking any laws, squatting references people who just move into a vacant house without permission. Neither of the anectdotal stories indicates that is happening.
paramount, we live within a bike ride of each other and within a few miles of the OP, let me ask you this since you are doubting your instincts: Do you see more vacants today than last year or the year before? It’s August, what’s the brown lawn percentage compared to the past two summers? There’s always a back story to the story, so just trust what you see. My experience was that in the summer of 2007, brown lawns started showing up, summer 2008 they were every 6th or 7th one. Today, not so much, I can walk my dogs and only see one or two out of a few hundred. People can tell me all the stories they want but I didn’t just start making notes about brown lawns and vacants, I’ve been a student in this class for a couple of years (as have you) and the worst is not yet to come, it is behind us.[/quote]
The situation as I see it now is the system is rigged in favor of the all cash investor
The Problem before was we had Overzealous appraisers and over willing lenders.
Now it is just the opposite problem, over cautious appraisers and very reluctant lenders.
So the low balling all cash investor wins every time.
Anyway that’s the situation on the ground in TV as I see it.
August 13, 2009 at 8:03 AM #445094Participant[quote=temeculaguy]squatting wont increase and you can’t call the sheriff because nobody is breaking any laws, squatting references people who just move into a vacant house without permission. Neither of the anectdotal stories indicates that is happening.
paramount, we live within a bike ride of each other and within a few miles of the OP, let me ask you this since you are doubting your instincts: Do you see more vacants today than last year or the year before? It’s August, what’s the brown lawn percentage compared to the past two summers? There’s always a back story to the story, so just trust what you see. My experience was that in the summer of 2007, brown lawns started showing up, summer 2008 they were every 6th or 7th one. Today, not so much, I can walk my dogs and only see one or two out of a few hundred. People can tell me all the stories they want but I didn’t just start making notes about brown lawns and vacants, I’ve been a student in this class for a couple of years (as have you) and the worst is not yet to come, it is behind us.[/quote]
The situation as I see it now is the system is rigged in favor of the all cash investor
The Problem before was we had Overzealous appraisers and over willing lenders.
Now it is just the opposite problem, over cautious appraisers and very reluctant lenders.
So the low balling all cash investor wins every time.
Anyway that’s the situation on the ground in TV as I see it.
August 13, 2009 at 8:22 AM #444321Arraya
ParticipantIf unemployed, homeless and empty houses increase. Then squatting will or atleast attempts to will increase. It’s pretty much that simple. Since all those data points are still trending up its a logical conclusion.
10 second google search:
After investigation it was learned that the rental agreement the suspect’s provided was in fact fraudulent. Deputy James immediately recognized the female that answered the door and two of the males in the residence as those on surveillance of the armed robbery at La Mexicana Market on Monday afternoon. All eight occupants were taken back to the Victorville Police Station for questioning.
August 13, 2009 at 8:22 AM #444514ParticipantIf unemployed, homeless and empty houses increase. Then squatting will or atleast attempts to will increase. It’s pretty much that simple. Since all those data points are still trending up its a logical conclusion.
10 second google search:
After investigation it was learned that the rental agreement the suspect’s provided was in fact fraudulent. Deputy James immediately recognized the female that answered the door and two of the males in the residence as those on surveillance of the armed robbery at La Mexicana Market on Monday afternoon. All eight occupants were taken back to the Victorville Police Station for questioning.
August 13, 2009 at 8:22 AM #444851ParticipantIf unemployed, homeless and empty houses increase. Then squatting will or atleast attempts to will increase. It’s pretty much that simple. Since all those data points are still trending up its a logical conclusion.
10 second google search:
After investigation it was learned that the rental agreement the suspect’s provided was in fact fraudulent. Deputy James immediately recognized the female that answered the door and two of the males in the residence as those on surveillance of the armed robbery at La Mexicana Market on Monday afternoon. All eight occupants were taken back to the Victorville Police Station for questioning.
August 13, 2009 at 8:22 AM #444920ParticipantIf unemployed, homeless and empty houses increase. Then squatting will or atleast attempts to will increase. It’s pretty much that simple. Since all those data points are still trending up its a logical conclusion.
10 second google search:
After investigation it was learned that the rental agreement the suspect’s provided was in fact fraudulent. Deputy James immediately recognized the female that answered the door and two of the males in the residence as those on surveillance of the armed robbery at La Mexicana Market on Monday afternoon. All eight occupants were taken back to the Victorville Police Station for questioning.
August 13, 2009 at 8:22 AM #445099ParticipantIf unemployed, homeless and empty houses increase. Then squatting will or atleast attempts to will increase. It’s pretty much that simple. Since all those data points are still trending up its a logical conclusion.
10 second google search:
After investigation it was learned that the rental agreement the suspect’s provided was in fact fraudulent. Deputy James immediately recognized the female that answered the door and two of the males in the residence as those on surveillance of the armed robbery at La Mexicana Market on Monday afternoon. All eight occupants were taken back to the Victorville Police Station for questioning.
August 13, 2009 at 8:39 AM #444326golfproz
ParticipantI have one friend that hasn’t made a payment since Feb 08! To me it seems like the smaller banks are the ones that let this happen. I don’t know if it’s that they don’t have the manpower, know how or what. More likely its that they can’t put the losses on the balance sheet.
August 13, 2009 at 8:39 AM #444519ParticipantI have one friend that hasn’t made a payment since Feb 08! To me it seems like the smaller banks are the ones that let this happen. I don’t know if it’s that they don’t have the manpower, know how or what. More likely its that they can’t put the losses on the balance sheet.
August 13, 2009 at 8:39 AM #444856ParticipantI have one friend that hasn’t made a payment since Feb 08! To me it seems like the smaller banks are the ones that let this happen. I don’t know if it’s that they don’t have the manpower, know how or what. More likely its that they can’t put the losses on the balance sheet.
August 13, 2009 at 8:39 AM #444925ParticipantI have one friend that hasn’t made a payment since Feb 08! To me it seems like the smaller banks are the ones that let this happen. I don’t know if it’s that they don’t have the manpower, know how or what. More likely its that they can’t put the losses on the balance sheet.
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