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4plexowner
Participant[img_assist|nid=11198|title=US dollar overnight|desc=|link=node|align=left|width=600|height=354]
might not be related but the US dollar opened strong last night – even gapped up from 79.23 to 79.44
then, right after the White House announced that we the people will be buying GM, the US dollar heads down
again, the action in the US dollar may or may not be related to the GM news but the timing sure fits
4plexowner
Participant[img_assist|nid=11198|title=US dollar overnight|desc=|link=node|align=left|width=600|height=354]
might not be related but the US dollar opened strong last night – even gapped up from 79.23 to 79.44
then, right after the White House announced that we the people will be buying GM, the US dollar heads down
again, the action in the US dollar may or may not be related to the GM news but the timing sure fits
4plexowner
Participant[img_assist|nid=11198|title=US dollar overnight|desc=|link=node|align=left|width=600|height=354]
might not be related but the US dollar opened strong last night – even gapped up from 79.23 to 79.44
then, right after the White House announced that we the people will be buying GM, the US dollar heads down
again, the action in the US dollar may or may not be related to the GM news but the timing sure fits
4plexowner
Participant[img_assist|nid=11198|title=US dollar overnight|desc=|link=node|align=left|width=600|height=354]
might not be related but the US dollar opened strong last night – even gapped up from 79.23 to 79.44
then, right after the White House announced that we the people will be buying GM, the US dollar heads down
again, the action in the US dollar may or may not be related to the GM news but the timing sure fits
4plexowner
Participantnot all the short sales are looking for a loan mod
I know someone who is currently walking away from a house that has dropped to half of what they paid for it at the peak (against my advice)
according to them, if they attempt to short sale the property for 2 months, the negative impact to their credit rating will be removed after 2 years
so it may be that some of the short sales are only doing the short sale to mitigate the damage to their credit rating – they don’t really care whether the house sells or not and they aren’t working on a loan mod – they just need to show that they attempted a short sale for 2 months
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can anyone elaborate on the 2 year period? will the walkaway / short sale / foreclosure really drop off the credit report after 2 years?
4plexowner
Participantnot all the short sales are looking for a loan mod
I know someone who is currently walking away from a house that has dropped to half of what they paid for it at the peak (against my advice)
according to them, if they attempt to short sale the property for 2 months, the negative impact to their credit rating will be removed after 2 years
so it may be that some of the short sales are only doing the short sale to mitigate the damage to their credit rating – they don’t really care whether the house sells or not and they aren’t working on a loan mod – they just need to show that they attempted a short sale for 2 months
~
can anyone elaborate on the 2 year period? will the walkaway / short sale / foreclosure really drop off the credit report after 2 years?
4plexowner
Participantnot all the short sales are looking for a loan mod
I know someone who is currently walking away from a house that has dropped to half of what they paid for it at the peak (against my advice)
according to them, if they attempt to short sale the property for 2 months, the negative impact to their credit rating will be removed after 2 years
so it may be that some of the short sales are only doing the short sale to mitigate the damage to their credit rating – they don’t really care whether the house sells or not and they aren’t working on a loan mod – they just need to show that they attempted a short sale for 2 months
~
can anyone elaborate on the 2 year period? will the walkaway / short sale / foreclosure really drop off the credit report after 2 years?
4plexowner
Participantnot all the short sales are looking for a loan mod
I know someone who is currently walking away from a house that has dropped to half of what they paid for it at the peak (against my advice)
according to them, if they attempt to short sale the property for 2 months, the negative impact to their credit rating will be removed after 2 years
so it may be that some of the short sales are only doing the short sale to mitigate the damage to their credit rating – they don’t really care whether the house sells or not and they aren’t working on a loan mod – they just need to show that they attempted a short sale for 2 months
~
can anyone elaborate on the 2 year period? will the walkaway / short sale / foreclosure really drop off the credit report after 2 years?
4plexowner
Participantnot all the short sales are looking for a loan mod
I know someone who is currently walking away from a house that has dropped to half of what they paid for it at the peak (against my advice)
according to them, if they attempt to short sale the property for 2 months, the negative impact to their credit rating will be removed after 2 years
so it may be that some of the short sales are only doing the short sale to mitigate the damage to their credit rating – they don’t really care whether the house sells or not and they aren’t working on a loan mod – they just need to show that they attempted a short sale for 2 months
~
can anyone elaborate on the 2 year period? will the walkaway / short sale / foreclosure really drop off the credit report after 2 years?
4plexowner
Participantbut for $500K you get to be walking distance to a Home Town Buffet!!!
think of how THAT will enhance the property’s value!
(yes, I’m being facetious – half-a-mil for those condos is a joke)
4plexowner
Participantbut for $500K you get to be walking distance to a Home Town Buffet!!!
think of how THAT will enhance the property’s value!
(yes, I’m being facetious – half-a-mil for those condos is a joke)
4plexowner
Participantbut for $500K you get to be walking distance to a Home Town Buffet!!!
think of how THAT will enhance the property’s value!
(yes, I’m being facetious – half-a-mil for those condos is a joke)
4plexowner
Participantbut for $500K you get to be walking distance to a Home Town Buffet!!!
think of how THAT will enhance the property’s value!
(yes, I’m being facetious – half-a-mil for those condos is a joke)
4plexowner
Participantbut for $500K you get to be walking distance to a Home Town Buffet!!!
think of how THAT will enhance the property’s value!
(yes, I’m being facetious – half-a-mil for those condos is a joke)
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