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ParticipantI’m no expert but I believe it is still the amount of the default. Hard to believe someone could lose a house entirely for that much, but it happens.
It could always be bad info, and the bank is going to sell it for market value anyway, so it’s not a real helpful number.
You can always try and contact the agent, and see what the asking is, mention the amount listed and try to work a deal.
ParticipantI’m no expert but I believe it is still the amount of the default. Hard to believe someone could lose a house entirely for that much, but it happens.
It could always be bad info, and the bank is going to sell it for market value anyway, so it’s not a real helpful number.
You can always try and contact the agent, and see what the asking is, mention the amount listed and try to work a deal.
ParticipantI’m no expert but I believe it is still the amount of the default. Hard to believe someone could lose a house entirely for that much, but it happens.
It could always be bad info, and the bank is going to sell it for market value anyway, so it’s not a real helpful number.
You can always try and contact the agent, and see what the asking is, mention the amount listed and try to work a deal.
ParticipantI’m no expert but I believe it is still the amount of the default. Hard to believe someone could lose a house entirely for that much, but it happens.
It could always be bad info, and the bank is going to sell it for market value anyway, so it’s not a real helpful number.
You can always try and contact the agent, and see what the asking is, mention the amount listed and try to work a deal.
December 20, 2007 at 3:21 PM in reply to: The often asked question, when will housing bottom? #121678ParticipantIt cracks me up whenever someone predicts how long the downturn will last, Alex comes out of the closet with senseless comments insinuating that our data-based estimations are as out of whack as he is.
I personally think 2012-2013 is conservative.
Both of the last downturns went as far, and long as they went up. We’ve been going up since 1996, around 200%.
People think it’s insane that prices could drop 50% or more, but it’s just as insane that they went up as much as they did. They fell that far and for that long before, why wouldn’t they now? Particularly with retiring baby-boomers as TC said (haven’t seen you in a while BTW Cow, wb) the tightnened lending standards, the $1 Trillion in loans still to reset, and the coming recession.
7-10 years, 2000-2001 prices.
Keep staring at your crap Alex.
December 20, 2007 at 3:21 PM in reply to: The often asked question, when will housing bottom? #121820ParticipantIt cracks me up whenever someone predicts how long the downturn will last, Alex comes out of the closet with senseless comments insinuating that our data-based estimations are as out of whack as he is.
I personally think 2012-2013 is conservative.
Both of the last downturns went as far, and long as they went up. We’ve been going up since 1996, around 200%.
People think it’s insane that prices could drop 50% or more, but it’s just as insane that they went up as much as they did. They fell that far and for that long before, why wouldn’t they now? Particularly with retiring baby-boomers as TC said (haven’t seen you in a while BTW Cow, wb) the tightnened lending standards, the $1 Trillion in loans still to reset, and the coming recession.
7-10 years, 2000-2001 prices.
Keep staring at your crap Alex.
December 20, 2007 at 3:21 PM in reply to: The often asked question, when will housing bottom? #121847ParticipantIt cracks me up whenever someone predicts how long the downturn will last, Alex comes out of the closet with senseless comments insinuating that our data-based estimations are as out of whack as he is.
I personally think 2012-2013 is conservative.
Both of the last downturns went as far, and long as they went up. We’ve been going up since 1996, around 200%.
People think it’s insane that prices could drop 50% or more, but it’s just as insane that they went up as much as they did. They fell that far and for that long before, why wouldn’t they now? Particularly with retiring baby-boomers as TC said (haven’t seen you in a while BTW Cow, wb) the tightnened lending standards, the $1 Trillion in loans still to reset, and the coming recession.
7-10 years, 2000-2001 prices.
Keep staring at your crap Alex.
December 20, 2007 at 3:21 PM in reply to: The often asked question, when will housing bottom? #121899ParticipantIt cracks me up whenever someone predicts how long the downturn will last, Alex comes out of the closet with senseless comments insinuating that our data-based estimations are as out of whack as he is.
I personally think 2012-2013 is conservative.
Both of the last downturns went as far, and long as they went up. We’ve been going up since 1996, around 200%.
People think it’s insane that prices could drop 50% or more, but it’s just as insane that they went up as much as they did. They fell that far and for that long before, why wouldn’t they now? Particularly with retiring baby-boomers as TC said (haven’t seen you in a while BTW Cow, wb) the tightnened lending standards, the $1 Trillion in loans still to reset, and the coming recession.
7-10 years, 2000-2001 prices.
Keep staring at your crap Alex.
December 20, 2007 at 3:21 PM in reply to: The often asked question, when will housing bottom? #121920ParticipantIt cracks me up whenever someone predicts how long the downturn will last, Alex comes out of the closet with senseless comments insinuating that our data-based estimations are as out of whack as he is.
I personally think 2012-2013 is conservative.
Both of the last downturns went as far, and long as they went up. We’ve been going up since 1996, around 200%.
People think it’s insane that prices could drop 50% or more, but it’s just as insane that they went up as much as they did. They fell that far and for that long before, why wouldn’t they now? Particularly with retiring baby-boomers as TC said (haven’t seen you in a while BTW Cow, wb) the tightnened lending standards, the $1 Trillion in loans still to reset, and the coming recession.
7-10 years, 2000-2001 prices.
Keep staring at your crap Alex.
Participantfunniest thread ever.
Participantfunniest thread ever.
Participantfunniest thread ever.
Participantfunniest thread ever.
Participantfunniest thread ever.
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