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Rt.66.
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April 15, 2009 at 4:37 PM #382218April 15, 2009 at 6:26 PM #381609
Nor-LA-SD-guy
Participant[quote=flu][quote=poorsaver]That would be nice, to finally see mid to upper priced homes come down out of the clouds. It’s still $300 to $500 a foot in my area. What I’m seeing though, as I posted in another thread, is very disturbing. A few people I know are living in million dollar homes for free. They just stopped paying their payments, and over a year later, have yet to receive any notices from their lenders. They’re buying new cars, going out to eat five times a week, etc. Really burns me. Anyway, I’m just a patient renter (paying my rent, btw) and hoping that someday the decent (mid-priced) houses will get back to year 2K pricing.[/quote]
Welcome to cesspool of reality. Where economic irresponsibility will be socialized and profits will be privatized (by the banks that is)…
———–
http://money.cnn.com/2009/04/15/real_estate/obama_mortgage_plan/index.htm?source=yahoo_quoteObama launches mortgage modification plan
First participants in the Treasury Department’s program to help homeowners avoid foreclosure include some of the nation’s largest banks.
——Also, anyone want to take a crack at what the new conforming loan limit of $697k for SD will do? You think it will bring out more sidelined money?
Oh, it’s going to get very interesting very soon.[/quote]
Well OK then, Time to put Carlsbad back on my radar screen and see what bleeps under 500K (maybe I should try 400K).
I was really truly thinking that the half off sale would not get to Coastal SD But I am game…
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.
April 15, 2009 at 6:26 PM #381880Participant[quote=flu][quote=poorsaver]That would be nice, to finally see mid to upper priced homes come down out of the clouds. It’s still $300 to $500 a foot in my area. What I’m seeing though, as I posted in another thread, is very disturbing. A few people I know are living in million dollar homes for free. They just stopped paying their payments, and over a year later, have yet to receive any notices from their lenders. They’re buying new cars, going out to eat five times a week, etc. Really burns me. Anyway, I’m just a patient renter (paying my rent, btw) and hoping that someday the decent (mid-priced) houses will get back to year 2K pricing.[/quote]
Welcome to cesspool of reality. Where economic irresponsibility will be socialized and profits will be privatized (by the banks that is)…
———–
http://money.cnn.com/2009/04/15/real_estate/obama_mortgage_plan/index.htm?source=yahoo_quoteObama launches mortgage modification plan
First participants in the Treasury Department’s program to help homeowners avoid foreclosure include some of the nation’s largest banks.
——Also, anyone want to take a crack at what the new conforming loan limit of $697k for SD will do? You think it will bring out more sidelined money?
Oh, it’s going to get very interesting very soon.[/quote]
Well OK then, Time to put Carlsbad back on my radar screen and see what bleeps under 500K (maybe I should try 400K).
I was really truly thinking that the half off sale would not get to Coastal SD But I am game…
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.
April 15, 2009 at 6:26 PM #382070Participant[quote=flu][quote=poorsaver]That would be nice, to finally see mid to upper priced homes come down out of the clouds. It’s still $300 to $500 a foot in my area. What I’m seeing though, as I posted in another thread, is very disturbing. A few people I know are living in million dollar homes for free. They just stopped paying their payments, and over a year later, have yet to receive any notices from their lenders. They’re buying new cars, going out to eat five times a week, etc. Really burns me. Anyway, I’m just a patient renter (paying my rent, btw) and hoping that someday the decent (mid-priced) houses will get back to year 2K pricing.[/quote]
Welcome to cesspool of reality. Where economic irresponsibility will be socialized and profits will be privatized (by the banks that is)…
———–
http://money.cnn.com/2009/04/15/real_estate/obama_mortgage_plan/index.htm?source=yahoo_quoteObama launches mortgage modification plan
First participants in the Treasury Department’s program to help homeowners avoid foreclosure include some of the nation’s largest banks.
——Also, anyone want to take a crack at what the new conforming loan limit of $697k for SD will do? You think it will bring out more sidelined money?
Oh, it’s going to get very interesting very soon.[/quote]
Well OK then, Time to put Carlsbad back on my radar screen and see what bleeps under 500K (maybe I should try 400K).
I was really truly thinking that the half off sale would not get to Coastal SD But I am game…
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.
April 15, 2009 at 6:26 PM #382117Participant[quote=flu][quote=poorsaver]That would be nice, to finally see mid to upper priced homes come down out of the clouds. It’s still $300 to $500 a foot in my area. What I’m seeing though, as I posted in another thread, is very disturbing. A few people I know are living in million dollar homes for free. They just stopped paying their payments, and over a year later, have yet to receive any notices from their lenders. They’re buying new cars, going out to eat five times a week, etc. Really burns me. Anyway, I’m just a patient renter (paying my rent, btw) and hoping that someday the decent (mid-priced) houses will get back to year 2K pricing.[/quote]
Welcome to cesspool of reality. Where economic irresponsibility will be socialized and profits will be privatized (by the banks that is)…
———–
http://money.cnn.com/2009/04/15/real_estate/obama_mortgage_plan/index.htm?source=yahoo_quoteObama launches mortgage modification plan
First participants in the Treasury Department’s program to help homeowners avoid foreclosure include some of the nation’s largest banks.
——Also, anyone want to take a crack at what the new conforming loan limit of $697k for SD will do? You think it will bring out more sidelined money?
Oh, it’s going to get very interesting very soon.[/quote]
Well OK then, Time to put Carlsbad back on my radar screen and see what bleeps under 500K (maybe I should try 400K).
I was really truly thinking that the half off sale would not get to Coastal SD But I am game…
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.
April 15, 2009 at 6:26 PM #382247Participant[quote=flu][quote=poorsaver]That would be nice, to finally see mid to upper priced homes come down out of the clouds. It’s still $300 to $500 a foot in my area. What I’m seeing though, as I posted in another thread, is very disturbing. A few people I know are living in million dollar homes for free. They just stopped paying their payments, and over a year later, have yet to receive any notices from their lenders. They’re buying new cars, going out to eat five times a week, etc. Really burns me. Anyway, I’m just a patient renter (paying my rent, btw) and hoping that someday the decent (mid-priced) houses will get back to year 2K pricing.[/quote]
Welcome to cesspool of reality. Where economic irresponsibility will be socialized and profits will be privatized (by the banks that is)…
———–
http://money.cnn.com/2009/04/15/real_estate/obama_mortgage_plan/index.htm?source=yahoo_quoteObama launches mortgage modification plan
First participants in the Treasury Department’s program to help homeowners avoid foreclosure include some of the nation’s largest banks.
——Also, anyone want to take a crack at what the new conforming loan limit of $697k for SD will do? You think it will bring out more sidelined money?
Oh, it’s going to get very interesting very soon.[/quote]
Well OK then, Time to put Carlsbad back on my radar screen and see what bleeps under 500K (maybe I should try 400K).
I was really truly thinking that the half off sale would not get to Coastal SD But I am game…
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.
April 15, 2009 at 6:36 PM #381614patientrenter
Participant[quote=Nor-LA-SD-guy]
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.[/quote]Why?
April 15, 2009 at 6:36 PM #381885Participant[quote=Nor-LA-SD-guy]
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.[/quote]Why?
April 15, 2009 at 6:36 PM #382075Participant[quote=Nor-LA-SD-guy]
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.[/quote]Why?
April 15, 2009 at 6:36 PM #382122Participant[quote=Nor-LA-SD-guy]
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.[/quote]Why?
April 15, 2009 at 6:36 PM #382252Participant[quote=Nor-LA-SD-guy]
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.[/quote]Why?
April 15, 2009 at 6:48 PM #381619Participant[quote=patientrenter][quote=Nor-LA-SD-guy]
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.[/quote]Why?[/quote]
Wow sorry I think this will help Socal home owners,
Somehow I read the first time that Owners would be required to be within 105 % of homes value, but that not in there when I re-read it.
April 15, 2009 at 6:48 PM #381890Participant[quote=patientrenter][quote=Nor-LA-SD-guy]
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.[/quote]Why?[/quote]
Wow sorry I think this will help Socal home owners,
Somehow I read the first time that Owners would be required to be within 105 % of homes value, but that not in there when I re-read it.
April 15, 2009 at 6:48 PM #382080Participant[quote=patientrenter][quote=Nor-LA-SD-guy]
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.[/quote]Why?[/quote]
Wow sorry I think this will help Socal home owners,
Somehow I read the first time that Owners would be required to be within 105 % of homes value, but that not in there when I re-read it.
April 15, 2009 at 6:48 PM #382127Participant[quote=patientrenter][quote=Nor-LA-SD-guy]
The way the loan mod’s requirements are written, they will help very few in Socal, maybe if you lived in Virginia or Iowa or someplace else.[/quote]Why?[/quote]
Wow sorry I think this will help Socal home owners,
Somehow I read the first time that Owners would be required to be within 105 % of homes value, but that not in there when I re-read it.
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