[4plexowner]

“4Plex, lets try to focus on the present. I never liked Bush either and am a strict libertarian not a republican”

who said anything about Bush?

if you think either the Republicans or the Democrats run this country you are naive

the two party system is a dog-and-pony show to keep the sheeple distracted

the point I was getting at is that the people we have elected to represent us are not running this country anymore – these multi-hundred page packages of legislation are created by outside interests – perhaps the 42,000 lobbyists in DC and the groups they represent – perhaps more nefarious groups operating behind the scenes – Patriot Act I was obviously prepared and waiting prior to 9/11 and it was passed into law without our elected representatives reading it

this cap and trade package is just more of the same

[4plexowner]

“4Plex, lets try to focus on the present. I never liked Bush either and am a strict libertarian not a republican”

who said anything about Bush?

if you think either the Republicans or the Democrats run this country you are naive

the two party system is a dog-and-pony show to keep the sheeple distracted

the point I was getting at is that the people we have elected to represent us are not running this country anymore – these multi-hundred page packages of legislation are created by outside interests – perhaps the 42,000 lobbyists in DC and the groups they represent – perhaps more nefarious groups operating behind the scenes – Patriot Act I was obviously prepared and waiting prior to 9/11 and it was passed into law without our elected representatives reading it

this cap and trade package is just more of the same

[4plexowner]

“4Plex, lets try to focus on the present. I never liked Bush either and am a strict libertarian not a republican”

who said anything about Bush?

if you think either the Republicans or the Democrats run this country you are naive

the two party system is a dog-and-pony show to keep the sheeple distracted

the point I was getting at is that the people we have elected to represent us are not running this country anymore – these multi-hundred page packages of legislation are created by outside interests – perhaps the 42,000 lobbyists in DC and the groups they represent – perhaps more nefarious groups operating behind the scenes – Patriot Act I was obviously prepared and waiting prior to 9/11 and it was passed into law without our elected representatives reading it

this cap and trade package is just more of the same

[4plexowner]

“4Plex, lets try to focus on the present. I never liked Bush either and am a strict libertarian not a republican”

who said anything about Bush?

if you think either the Republicans or the Democrats run this country you are naive

the two party system is a dog-and-pony show to keep the sheeple distracted

the point I was getting at is that the people we have elected to represent us are not running this country anymore – these multi-hundred page packages of legislation are created by outside interests – perhaps the 42,000 lobbyists in DC and the groups they represent – perhaps more nefarious groups operating behind the scenes – Patriot Act I was obviously prepared and waiting prior to 9/11 and it was passed into law without our elected representatives reading it

this cap and trade package is just more of the same

[4plexowner]

“4Plex, lets try to focus on the present. I never liked Bush either and am a strict libertarian not a republican”

who said anything about Bush?

if you think either the Republicans or the Democrats run this country you are naive

the two party system is a dog-and-pony show to keep the sheeple distracted

the point I was getting at is that the people we have elected to represent us are not running this country anymore – these multi-hundred page packages of legislation are created by outside interests – perhaps the 42,000 lobbyists in DC and the groups they represent – perhaps more nefarious groups operating behind the scenes – Patriot Act I was obviously prepared and waiting prior to 9/11 and it was passed into law without our elected representatives reading it

this cap and trade package is just more of the same

[4plexowner]

“Does anyone not recall that the “stimulus bill” was so thick that legislators admitted they didn’t read it? That it was not posted on line until the 11th hour?”

Likewise for Patriot Acts I and II

[4plexowner]

“Does anyone not recall that the “stimulus bill” was so thick that legislators admitted they didn’t read it? That it was not posted on line until the 11th hour?”

Likewise for Patriot Acts I and II

[4plexowner]

“Does anyone not recall that the “stimulus bill” was so thick that legislators admitted they didn’t read it? That it was not posted on line until the 11th hour?”

Likewise for Patriot Acts I and II

[4plexowner]

“Does anyone not recall that the “stimulus bill” was so thick that legislators admitted they didn’t read it? That it was not posted on line until the 11th hour?”

Likewise for Patriot Acts I and II

[4plexowner]

“Does anyone not recall that the “stimulus bill” was so thick that legislators admitted they didn’t read it? That it was not posted on line until the 11th hour?”

Likewise for Patriot Acts I and II

[4plexowner]

recent talk of ‘bad’ appraisals is truly amusing

one of the reasons being given for the ‘bad’ appraisals is that only local appraisers are familiar with ‘special situations’ in a local market

yeah, well, BS!!!

appraisals are based on comps whether they are performed by a San Diego appraiser or an appraiser in Alabama

you might argue that ‘special situations’ like views can only be evaluated by a local appraiser but I would counter that a view is only worth what someone is willing to pay for it – if comps don’t support the premium being charged for a view then the difference comes out of the buyer’s pocket

~

here’s a few articles that might be of interest – not about appraisals – just the market in general

Fannie, Freddie asked to relax condo loan rules
http://www.reuters.com/article/GCA-Housing/idUSTRE55L39120090622
[4plex: the fact that banks are dis-favoring condo loans should tell you something about ‘investing’ in a condo]

Economy Can Strengthen Only When Housing Prices Do
http://online.wsj.com/article/SB124587097965549129.html?mod=googlenews_wsj
[4plex: yep, the economy is screwed as long as real estate values continue to drop – won’t change until 2014 or so regardless of the foreclosure moratoria, bank bailouts, etc]

Obama’s Mortgage Refinancing Program May Be Expanded
http://www.bloomberg.com/apps/news?pid=20601087&sid=avAvJacs7UcU
“Fannie Mae and Freddie Mac may get permission to begin refinancing mortgages with loan-to-value ratios above 105 percent as the Obama administration seeks to boost participation in its anti-foreclosure programs. ”
[4plex: see my previous comment]

New-Home Sales Stagnant Despite Hopeful Predictions
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/24/AR2009062401232.html
“down 32.8 percent compared with the same period last year”
[4plex: I wonder why none of the polyannas on this forum chose to post this article?]

[4plexowner]

recent talk of ‘bad’ appraisals is truly amusing

one of the reasons being given for the ‘bad’ appraisals is that only local appraisers are familiar with ‘special situations’ in a local market

yeah, well, BS!!!

appraisals are based on comps whether they are performed by a San Diego appraiser or an appraiser in Alabama

you might argue that ‘special situations’ like views can only be evaluated by a local appraiser but I would counter that a view is only worth what someone is willing to pay for it – if comps don’t support the premium being charged for a view then the difference comes out of the buyer’s pocket

~

here’s a few articles that might be of interest – not about appraisals – just the market in general

Fannie, Freddie asked to relax condo loan rules
http://www.reuters.com/article/GCA-Housing/idUSTRE55L39120090622
[4plex: the fact that banks are dis-favoring condo loans should tell you something about ‘investing’ in a condo]

Economy Can Strengthen Only When Housing Prices Do
http://online.wsj.com/article/SB124587097965549129.html?mod=googlenews_wsj
[4plex: yep, the economy is screwed as long as real estate values continue to drop – won’t change until 2014 or so regardless of the foreclosure moratoria, bank bailouts, etc]

Obama’s Mortgage Refinancing Program May Be Expanded
http://www.bloomberg.com/apps/news?pid=20601087&sid=avAvJacs7UcU
“Fannie Mae and Freddie Mac may get permission to begin refinancing mortgages with loan-to-value ratios above 105 percent as the Obama administration seeks to boost participation in its anti-foreclosure programs. ”
[4plex: see my previous comment]

New-Home Sales Stagnant Despite Hopeful Predictions
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/24/AR2009062401232.html
“down 32.8 percent compared with the same period last year”
[4plex: I wonder why none of the polyannas on this forum chose to post this article?]

[4plexowner]

recent talk of ‘bad’ appraisals is truly amusing

one of the reasons being given for the ‘bad’ appraisals is that only local appraisers are familiar with ‘special situations’ in a local market

yeah, well, BS!!!

appraisals are based on comps whether they are performed by a San Diego appraiser or an appraiser in Alabama

you might argue that ‘special situations’ like views can only be evaluated by a local appraiser but I would counter that a view is only worth what someone is willing to pay for it – if comps don’t support the premium being charged for a view then the difference comes out of the buyer’s pocket

~

here’s a few articles that might be of interest – not about appraisals – just the market in general

Fannie, Freddie asked to relax condo loan rules
http://www.reuters.com/article/GCA-Housing/idUSTRE55L39120090622
[4plex: the fact that banks are dis-favoring condo loans should tell you something about ‘investing’ in a condo]

Economy Can Strengthen Only When Housing Prices Do
http://online.wsj.com/article/SB124587097965549129.html?mod=googlenews_wsj
[4plex: yep, the economy is screwed as long as real estate values continue to drop – won’t change until 2014 or so regardless of the foreclosure moratoria, bank bailouts, etc]

Obama’s Mortgage Refinancing Program May Be Expanded
http://www.bloomberg.com/apps/news?pid=20601087&sid=avAvJacs7UcU
“Fannie Mae and Freddie Mac may get permission to begin refinancing mortgages with loan-to-value ratios above 105 percent as the Obama administration seeks to boost participation in its anti-foreclosure programs. ”
[4plex: see my previous comment]

New-Home Sales Stagnant Despite Hopeful Predictions
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/24/AR2009062401232.html
“down 32.8 percent compared with the same period last year”
[4plex: I wonder why none of the polyannas on this forum chose to post this article?]

[4plexowner]

recent talk of ‘bad’ appraisals is truly amusing

one of the reasons being given for the ‘bad’ appraisals is that only local appraisers are familiar with ‘special situations’ in a local market

yeah, well, BS!!!

appraisals are based on comps whether they are performed by a San Diego appraiser or an appraiser in Alabama

you might argue that ‘special situations’ like views can only be evaluated by a local appraiser but I would counter that a view is only worth what someone is willing to pay for it – if comps don’t support the premium being charged for a view then the difference comes out of the buyer’s pocket

~

here’s a few articles that might be of interest – not about appraisals – just the market in general

Fannie, Freddie asked to relax condo loan rules
http://www.reuters.com/article/GCA-Housing/idUSTRE55L39120090622
[4plex: the fact that banks are dis-favoring condo loans should tell you something about ‘investing’ in a condo]

Economy Can Strengthen Only When Housing Prices Do
http://online.wsj.com/article/SB124587097965549129.html?mod=googlenews_wsj
[4plex: yep, the economy is screwed as long as real estate values continue to drop – won’t change until 2014 or so regardless of the foreclosure moratoria, bank bailouts, etc]

Obama’s Mortgage Refinancing Program May Be Expanded
http://www.bloomberg.com/apps/news?pid=20601087&sid=avAvJacs7UcU
“Fannie Mae and Freddie Mac may get permission to begin refinancing mortgages with loan-to-value ratios above 105 percent as the Obama administration seeks to boost participation in its anti-foreclosure programs. ”
[4plex: see my previous comment]

New-Home Sales Stagnant Despite Hopeful Predictions
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/24/AR2009062401232.html
“down 32.8 percent compared with the same period last year”
[4plex: I wonder why none of the polyannas on this forum chose to post this article?]

[4plexowner]

recent talk of ‘bad’ appraisals is truly amusing

one of the reasons being given for the ‘bad’ appraisals is that only local appraisers are familiar with ‘special situations’ in a local market

yeah, well, BS!!!

appraisals are based on comps whether they are performed by a San Diego appraiser or an appraiser in Alabama

you might argue that ‘special situations’ like views can only be evaluated by a local appraiser but I would counter that a view is only worth what someone is willing to pay for it – if comps don’t support the premium being charged for a view then the difference comes out of the buyer’s pocket

~

here’s a few articles that might be of interest – not about appraisals – just the market in general

Fannie, Freddie asked to relax condo loan rules
http://www.reuters.com/article/GCA-Housing/idUSTRE55L39120090622
[4plex: the fact that banks are dis-favoring condo loans should tell you something about ‘investing’ in a condo]

Economy Can Strengthen Only When Housing Prices Do
http://online.wsj.com/article/SB124587097965549129.html?mod=googlenews_wsj
[4plex: yep, the economy is screwed as long as real estate values continue to drop – won’t change until 2014 or so regardless of the foreclosure moratoria, bank bailouts, etc]

Obama’s Mortgage Refinancing Program May Be Expanded
http://www.bloomberg.com/apps/news?pid=20601087&sid=avAvJacs7UcU
“Fannie Mae and Freddie Mac may get permission to begin refinancing mortgages with loan-to-value ratios above 105 percent as the Obama administration seeks to boost participation in its anti-foreclosure programs. ”
[4plex: see my previous comment]

New-Home Sales Stagnant Despite Hopeful Predictions
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/24/AR2009062401232.html
“down 32.8 percent compared with the same period last year”
[4plex: I wonder why none of the polyannas on this forum chose to post this article?]

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