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bonfireParticipant
How does the “FED” pump money into the system and where does it go? Is it like what Germany did before WW II ?
Yikes!bonfireParticipantThe disintegration of this thread is a perfect illustration of how the introduction of religion into an issue, be it politics, economics or medical ethics, can cause instant chaos, and intellectual paralysis. That is exactly why it works to control us. The powerful just walk away with the spoils while all the sheeple are screaming at each other pounding on each other, shooting each other. Racial issues work the same way. Forget about real problem solving. I think Piggington is a great place for this thread!
bonfireParticipantThe disintegration of this thread is a perfect illustration of how the introduction of religion into an issue, be it politics, economics or medical ethics, can cause instant chaos, and intellectual paralysis. That is exactly why it works to control us. The powerful just walk away with the spoils while all the sheeple are screaming at each other pounding on each other, shooting each other. Racial issues work the same way. Forget about real problem solving. I think Piggington is a great place for this thread!
bonfireParticipantThe disintegration of this thread is a perfect illustration of how the introduction of religion into an issue, be it politics, economics or medical ethics, can cause instant chaos, and intellectual paralysis. That is exactly why it works to control us. The powerful just walk away with the spoils while all the sheeple are screaming at each other pounding on each other, shooting each other. Racial issues work the same way. Forget about real problem solving. I think Piggington is a great place for this thread!
bonfireParticipantMove!
bonfireParticipantMove!
bonfireParticipantMove!
bonfireParticipantThat happend to us in the last bubble burst in the 90’s. A rep from the lender just knocked on the door of our rental condo in La Costa, and gave us a notice asking us to move in 30 days. The bank offered us compensation enough to pay deposit on another rental (this time an apartment, from a legitimate business!) and the first month’s rent. We didn’t have a lease. You might be able to negotiate for more wih a lease. We had only been in the place for about a month, just long eough to get upacked. It was a creepy feeling knowing we’d been scammed by the “landlord”, who had all our personal information on the rental agreement. At that point we just wanted to get out of there. I doubt you can negotiate with the person who is being foreclosed upon. Your deposit is most likely spent. Just move on with your life The wolves are starting to come out again.
bonfireParticipantThat happend to us in the last bubble burst in the 90’s. A rep from the lender just knocked on the door of our rental condo in La Costa, and gave us a notice asking us to move in 30 days. The bank offered us compensation enough to pay deposit on another rental (this time an apartment, from a legitimate business!) and the first month’s rent. We didn’t have a lease. You might be able to negotiate for more wih a lease. We had only been in the place for about a month, just long eough to get upacked. It was a creepy feeling knowing we’d been scammed by the “landlord”, who had all our personal information on the rental agreement. At that point we just wanted to get out of there. I doubt you can negotiate with the person who is being foreclosed upon. Your deposit is most likely spent. Just move on with your life The wolves are starting to come out again.
bonfireParticipantThat happend to us in the last bubble burst in the 90’s. A rep from the lender just knocked on the door of our rental condo in La Costa, and gave us a notice asking us to move in 30 days. The bank offered us compensation enough to pay deposit on another rental (this time an apartment, from a legitimate business!) and the first month’s rent. We didn’t have a lease. You might be able to negotiate for more wih a lease. We had only been in the place for about a month, just long eough to get upacked. It was a creepy feeling knowing we’d been scammed by the “landlord”, who had all our personal information on the rental agreement. At that point we just wanted to get out of there. I doubt you can negotiate with the person who is being foreclosed upon. Your deposit is most likely spent. Just move on with your life The wolves are starting to come out again.
September 28, 2007 at 6:49 AM in reply to: VOTE: state of the bubble collapse, Worse, OR Better than your expectation? #86211bonfireParticipantThis bubble is deflating a little faster than I expected. The housing sentiment this fall, compared to last fall, is way more negative. It reminds me a lot of he 90’s, except that there has been a lot more speculation inflating the bubble this time around. The effects of the fact that the real estate “investors” have given up, and are letting their houses be foreclosed upon is just beginning to be felt. This is going to accelerate the slide in prices. I am with the Piggingtons who think that we have only just begun!
bonfireParticipantI sold my house in the San Bernardino mountains last October. I listed my house at what my realtor recommended, and it sat for 2 months. I then started lowering the price, every couple of weeks. My realtor thought I was being too agressive. But, by that time I had started reading Piggington, and conditions reminded me alot of the early 90’s. I finally got an offer, and sold at about 25% off of the original listing price. My realtor and my neighbors shook their heads at poor silly me. I laughed all the way back down to North County where I am renting until…?
By the way, find a rental or buy a senior condo or mobile home near you and your husband for your MOM whith the proceeds from her home. She and you will be happier in the end. Apply for Social Security Disability, and Medi-cal for her, she will qualify if you document her medical problems.
bonfireParticipantThank You! And thanks for he many other informative posts you have written.
bonfireParticipantAre houses “sold to lender” at auction counted in monthly sales figures? Are the transfers of title to homes which have been “sold” back to the lender in a foreclosure auction reflected in the monthly sales figures in any way? If a house with a 1 mil. loan is sold back to the lender, at the the foreclosere auction for 1 mil, does that home count as sold for that price? I have been a Piggington lurker for awhile and appreciate the education available here. I have not seen this question covered in the posts,although it may have been.
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