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Home › Forums › Housing › There seems to be an increase in foreclosure listings inTemecula

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  • May 4, 2009 at 2:26 PM #393397
    Rt.66
    Participant

    OMG! Wow eclipxe are you sure you did not mistakenly type in a Detroit zip code?

    I admire your positivity; anyone who can paint that picture anything but bleak is unique. Those “nothing but dirt” mysteries are foreclosed on lots, an entire development gone to foreclosure.

    No mystery on the occupied foreclosure issue either or haven’t you heard that people are staying in houses free for 18 months and spending the loot at PF Changs??? The folks I’ve encountered who are living for free do indeed take good care of the homes; wouldn’t you want to give the bank a reason to let you stay free longer?

    Now add in the shadow inventory and the picture gets worse.

    Sure that picture is GD1 horrible right now, but that’s just the start. Right now we are at the beginning of a huge wave of ARM resets that won’t even peak until 2011 and will keep on spreading pain thru 2012. When more and more of your neighbors get ARM notices saying they can no longer pay the minimum payment and their monthly nut shoots up 50%, 60%, what do you see happening? What would you do if your house was worth $200k LESS than what you owe the bank, and now the bank wants a much bigger chunk of your paycheck to stay in that insanely underwater house?

    How about the guy who bought just six months ago? What will he do in a year when his house is worth $80K less than he paid and he see’s he can simply buy across the street, jingle-mail the keys to the anchor, and be $80k ahead?

    Its a good thing that you are not an “investor” as rents are falling too, so today’s cash-flow rentals will be 2010s underwater foreclosures.

    May 4, 2009 at 2:29 PM #392736
    peterb
    Participant

    TG should chime in on this

    May 4, 2009 at 2:29 PM #393000
    peterb
    Participant

    TG should chime in on this

    May 4, 2009 at 2:29 PM #393210
    peterb
    Participant

    TG should chime in on this

    May 4, 2009 at 2:29 PM #393262
    peterb
    Participant

    TG should chime in on this

    May 4, 2009 at 2:29 PM #393402
    peterb
    Participant

    TG should chime in on this

    May 4, 2009 at 2:34 PM #392741
    Rt.66
    Participant

    Seen above the skyline of Temecula a spotlight casts the shape of the horse outside PF Changs and TG knows he is needed to come to the defense of TV RE fantasies.

    Quick help, a member of TVMOD squad has actually posted a damning picture of what’s really happening and needs back-up.

    May 4, 2009 at 2:34 PM #393005
    Rt.66
    Participant

    Seen above the skyline of Temecula a spotlight casts the shape of the horse outside PF Changs and TG knows he is needed to come to the defense of TV RE fantasies.

    Quick help, a member of TVMOD squad has actually posted a damning picture of what’s really happening and needs back-up.

    May 4, 2009 at 2:34 PM #393215
    Rt.66
    Participant

    Seen above the skyline of Temecula a spotlight casts the shape of the horse outside PF Changs and TG knows he is needed to come to the defense of TV RE fantasies.

    Quick help, a member of TVMOD squad has actually posted a damning picture of what’s really happening and needs back-up.

    May 4, 2009 at 2:34 PM #393267
    Rt.66
    Participant

    Seen above the skyline of Temecula a spotlight casts the shape of the horse outside PF Changs and TG knows he is needed to come to the defense of TV RE fantasies.

    Quick help, a member of TVMOD squad has actually posted a damning picture of what’s really happening and needs back-up.

    May 4, 2009 at 2:34 PM #393407
    Rt.66
    Participant

    Seen above the skyline of Temecula a spotlight casts the shape of the horse outside PF Changs and TG knows he is needed to come to the defense of TV RE fantasies.

    Quick help, a member of TVMOD squad has actually posted a damning picture of what’s really happening and needs back-up.

    May 4, 2009 at 2:48 PM #392746
    Coronita
    Participant

    [quote=peterb]TG should chime in on this[/quote]

    TG knows better than to wrestle in the mud with pigs.

    Do people really pay $2600-$3000/month for rent in TV? Just asking because it seems kinda high…

    May 4, 2009 at 2:48 PM #392757
    Rt.66
    Participant

    [quote=flu][quote=peterb]TG should chime in on this[/quote]

    TG knows better than to wrestle in the mud with pigs.[/quote]

    Yeah, he might catch a nasty Flu.

    May 4, 2009 at 2:48 PM #393010
    Coronita
    Participant

    [quote=peterb]TG should chime in on this[/quote]

    TG knows better than to wrestle in the mud with pigs.

    Do people really pay $2600-$3000/month for rent in TV? Just asking because it seems kinda high…

    May 4, 2009 at 2:48 PM #393020
    Rt.66
    Participant

    [quote=flu][quote=peterb]TG should chime in on this[/quote]

    TG knows better than to wrestle in the mud with pigs.[/quote]

    Yeah, he might catch a nasty Flu.

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