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Arty
ParticipantSo the banks have to pay 5% interest rate while only charge 3% interest plus overhead on their loans. You tell me what kind of solution is this. Btw, even if you are not been foreclosed, you are pretty much enslaved becuase of your house.
Arty
ParticipantSend us the address when you actually closed and sold.
Arty
ParticipantSend us the address when you actually closed and sold.
Arty
ParticipantSogon is compare apple to orange. Go search property law of People’s Republic of China. Wiki has a good article on it. It is based on land tenure. I won’t say it is bad, but government do own all the lands. So unless your house can float or fly, you don’t really own your house or at least not the land.
Arty
ParticipantSogon is compare apple to orange. Go search property law of People’s Republic of China. Wiki has a good article on it. It is based on land tenure. I won’t say it is bad, but government do own all the lands. So unless your house can float or fly, you don’t really own your house or at least not the land.
Arty
ParticipantPeople got to know in theory you never own your house in China. The people owns it, you are on a hundred years lease at government’s mercy. Also, I think getting into China stock market is a little too late. I mean Buffet just cash out and maybe he knows something we don’t.
Arty
ParticipantPeople got to know in theory you never own your house in China. The people owns it, you are on a hundred years lease at government’s mercy. Also, I think getting into China stock market is a little too late. I mean Buffet just cash out and maybe he knows something we don’t.
Arty
ParticipantTechnically, the past due HOA fees aren’t a lien correct? Does the past due balance get eliminated? Even if it does, many of the downtown condos have HOAs are $400, $500, $600 or more each month.
Wow, any lawyer here. As far as I know, the HOA can apply the lien anytime as long as is on its book. So I think most HOA will wait until someone brought it or apply the lien after foreclosure. I don’t know about California law, however, the HOA has to supply a copy of resale agreement outlining if there is any problems with the unit (i.e. over due HOA fee) in Washington state. This is not a legal advice!
Arty
ParticipantDamn who in their right mind is still trying to flip today.
Arty
ParticipantIf anyone has a better way of earning an ostensible guaranteed 10% a year on your money, please let me know. I’m looking for the CD concept.
If you have minimum of 100k, there are a lot of private investment groups that you can get into. Some have been around for decades at about 10%-15% return. There are at least 5 in OC alone. You just have to make sure they are reputable and have been around for long time. My aunt join one in early 90s, it will only lend money to someone when they have equal equities to back the full value of the loan (they do the appraisal of the properties themself).
Arty
ParticipantI don’t know why everytime I went to Vancouver BC I feel it’s an empty town.
Arty
ParticipantFed lower rate again? I don’t know, big Ben is taking a lot of heat from dollar devaluation.
September 26, 2007 at 12:07 PM in reply to: Carmel Valley – long time flipper house finally sold? #85987Arty
ParticipantThis is a ‘Arabela’, not a ‘Portico’ which is a row home. Arabelas are nicer with front and back yards (still tiny, but carmel valley sized).
Yea, there is no way Portico can sell more than Arabela if everything been equal. Portico is more like detached condo.
September 25, 2007 at 8:37 PM in reply to: Carmel Valley – long time flipper house finally sold? #85909Arty
ParticipantAny info on how the house is financed?
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