Forum Replies Created
-
AuthorPosts
-
anxvariety
ParticipantYeah, go to the same mall tomorrow during the Superbowl.. you could gather that we’re in a great depression in what will be a ghost town!
ParticipantYeah, go to the same mall tomorrow during the Superbowl.. you could gather that we’re in a great depression in what will be a ghost town!
ParticipantHow could you know if it’s the smart thing to do without knowing more about the circumstances?
Assuming most scenarios, besides the owner owning the house outright – I would say that is not the smart thing to do.. if it were his primary residence then he should have ridden it out. Where is he going to live now? Tack on 100+k in losses to pay for, his new monthly expense in a house half as much or a rental with as many bedrooms is going to end up costing just as much.
Yeah I think people should get out if theres a wash or they lose a few thousand, but losing 30% and losing your primary residence is not an example of a smart move in my opinion. It’s going to take the guy 7 years to pay off that 130k most likely, might as well just go with foreclosure and start over with fresh credit. Then again maybe the credit wouldn’t be so fresh after 7 if there are any similarities between foreclosure and the new bankruptcy laws…
ParticipantHow could you know if it’s the smart thing to do without knowing more about the circumstances?
Assuming most scenarios, besides the owner owning the house outright – I would say that is not the smart thing to do.. if it were his primary residence then he should have ridden it out. Where is he going to live now? Tack on 100+k in losses to pay for, his new monthly expense in a house half as much or a rental with as many bedrooms is going to end up costing just as much.
Yeah I think people should get out if theres a wash or they lose a few thousand, but losing 30% and losing your primary residence is not an example of a smart move in my opinion. It’s going to take the guy 7 years to pay off that 130k most likely, might as well just go with foreclosure and start over with fresh credit. Then again maybe the credit wouldn’t be so fresh after 7 if there are any similarities between foreclosure and the new bankruptcy laws…
ParticipantHow could you know if it’s the smart thing to do without knowing more about the circumstances?
Assuming most scenarios, besides the owner owning the house outright – I would say that is not the smart thing to do.. if it were his primary residence then he should have ridden it out. Where is he going to live now? Tack on 100+k in losses to pay for, his new monthly expense in a house half as much or a rental with as many bedrooms is going to end up costing just as much.
Yeah I think people should get out if theres a wash or they lose a few thousand, but losing 30% and losing your primary residence is not an example of a smart move in my opinion. It’s going to take the guy 7 years to pay off that 130k most likely, might as well just go with foreclosure and start over with fresh credit. Then again maybe the credit wouldn’t be so fresh after 7 if there are any similarities between foreclosure and the new bankruptcy laws…
ParticipantHow could you know if it’s the smart thing to do without knowing more about the circumstances?
Assuming most scenarios, besides the owner owning the house outright – I would say that is not the smart thing to do.. if it were his primary residence then he should have ridden it out. Where is he going to live now? Tack on 100+k in losses to pay for, his new monthly expense in a house half as much or a rental with as many bedrooms is going to end up costing just as much.
Yeah I think people should get out if theres a wash or they lose a few thousand, but losing 30% and losing your primary residence is not an example of a smart move in my opinion. It’s going to take the guy 7 years to pay off that 130k most likely, might as well just go with foreclosure and start over with fresh credit. Then again maybe the credit wouldn’t be so fresh after 7 if there are any similarities between foreclosure and the new bankruptcy laws…
ParticipantHow could you know if it’s the smart thing to do without knowing more about the circumstances?
Assuming most scenarios, besides the owner owning the house outright – I would say that is not the smart thing to do.. if it were his primary residence then he should have ridden it out. Where is he going to live now? Tack on 100+k in losses to pay for, his new monthly expense in a house half as much or a rental with as many bedrooms is going to end up costing just as much.
Yeah I think people should get out if theres a wash or they lose a few thousand, but losing 30% and losing your primary residence is not an example of a smart move in my opinion. It’s going to take the guy 7 years to pay off that 130k most likely, might as well just go with foreclosure and start over with fresh credit. Then again maybe the credit wouldn’t be so fresh after 7 if there are any similarities between foreclosure and the new bankruptcy laws…
February 1, 2008 at 10:29 AM in reply to: OT: Holy Crap… Microsoft is offering 45 billion for Yahoo. #146577ParticipantI think it’s a good buy. Googles advertising revenue is much stronger, but they also got alot of free hype in the media over the last many years. Not that Yahoo didn’t, but Google became the love affair for everyone and media.
Yahoo has alot more to offer(except #1 search engine popularity)that I think as they mature will eventually allow it to surpass Google – especially if MSFT ends up buying it.
February 1, 2008 at 10:29 AM in reply to: OT: Holy Crap… Microsoft is offering 45 billion for Yahoo. #146821ParticipantI think it’s a good buy. Googles advertising revenue is much stronger, but they also got alot of free hype in the media over the last many years. Not that Yahoo didn’t, but Google became the love affair for everyone and media.
Yahoo has alot more to offer(except #1 search engine popularity)that I think as they mature will eventually allow it to surpass Google – especially if MSFT ends up buying it.
February 1, 2008 at 10:29 AM in reply to: OT: Holy Crap… Microsoft is offering 45 billion for Yahoo. #146848ParticipantI think it’s a good buy. Googles advertising revenue is much stronger, but they also got alot of free hype in the media over the last many years. Not that Yahoo didn’t, but Google became the love affair for everyone and media.
Yahoo has alot more to offer(except #1 search engine popularity)that I think as they mature will eventually allow it to surpass Google – especially if MSFT ends up buying it.
February 1, 2008 at 10:29 AM in reply to: OT: Holy Crap… Microsoft is offering 45 billion for Yahoo. #146860ParticipantI think it’s a good buy. Googles advertising revenue is much stronger, but they also got alot of free hype in the media over the last many years. Not that Yahoo didn’t, but Google became the love affair for everyone and media.
Yahoo has alot more to offer(except #1 search engine popularity)that I think as they mature will eventually allow it to surpass Google – especially if MSFT ends up buying it.
February 1, 2008 at 10:29 AM in reply to: OT: Holy Crap… Microsoft is offering 45 billion for Yahoo. #146920ParticipantI think it’s a good buy. Googles advertising revenue is much stronger, but they also got alot of free hype in the media over the last many years. Not that Yahoo didn’t, but Google became the love affair for everyone and media.
Yahoo has alot more to offer(except #1 search engine popularity)that I think as they mature will eventually allow it to surpass Google – especially if MSFT ends up buying it.
ParticipantThere’s a coin shop in Carlsbad they have what you’re looking for.
ParticipantThere’s a coin shop in Carlsbad they have what you’re looking for.
-
AuthorPosts
