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EconProf
ParticipantBump.
EconProf
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EconProf
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August 26, 2009 at 4:52 AM in reply to: Disgusted with the California Budget: 1999 vs 2009 Per Capita Spending #449037EconProf
ParticipantEugene: You are so wrong.
Google State Spending Per Capita.
You will find CA spent $6417 per capita in 2007, while Texas spent $3831.August 26, 2009 at 4:52 AM in reply to: Disgusted with the California Budget: 1999 vs 2009 Per Capita Spending #449228EconProf
ParticipantEugene: You are so wrong.
Google State Spending Per Capita.
You will find CA spent $6417 per capita in 2007, while Texas spent $3831.August 26, 2009 at 4:52 AM in reply to: Disgusted with the California Budget: 1999 vs 2009 Per Capita Spending #449568EconProf
ParticipantEugene: You are so wrong.
Google State Spending Per Capita.
You will find CA spent $6417 per capita in 2007, while Texas spent $3831.August 26, 2009 at 4:52 AM in reply to: Disgusted with the California Budget: 1999 vs 2009 Per Capita Spending #449640EconProf
ParticipantEugene: You are so wrong.
Google State Spending Per Capita.
You will find CA spent $6417 per capita in 2007, while Texas spent $3831.August 26, 2009 at 4:52 AM in reply to: Disgusted with the California Budget: 1999 vs 2009 Per Capita Spending #449825EconProf
ParticipantEugene: You are so wrong.
Google State Spending Per Capita.
You will find CA spent $6417 per capita in 2007, while Texas spent $3831.EconProf
ParticipantThanks SK.
More background as to why I need to protect my $50k already invested and avoid being frozen out by FC on the 1st TD.
With rent of $3000/mo, a 6 5/8 % loan (good for investment properties), I can make money owning this building. I have 5 of exactly the same building next door, three of them since new in 2003, and two acquired deed in lieu of foreclosure recently.
The latter two I also had 2d TDs on, and had to pay off the owner, in FC on the 1st and 2d TDs, $10k to go away. He cooperated, turned over all the paperwork, I made up all the late fees, payments, FC costs to date, and beat the Trustee’s Sale date. So the lender (WaMu) knows me, has copies of the settlement papers, will soon get a copy of the Deed, etc. But they won’t officially put me on the loan. They seem to be saying, just keep those payments coming in and we’ll be quiet. Some call this Extend and Pretend. I call it unnerving. On the next building I’d like to be more up front and legal with them and actually be on the loan, and do it all before FC. On the other two buildings they were hard to communicate with because of privacy rules, etc., but when I finally got to the right people they got real friendly and kept asking when I would mail in the total arrearages.EconProf
ParticipantThanks SK.
More background as to why I need to protect my $50k already invested and avoid being frozen out by FC on the 1st TD.
With rent of $3000/mo, a 6 5/8 % loan (good for investment properties), I can make money owning this building. I have 5 of exactly the same building next door, three of them since new in 2003, and two acquired deed in lieu of foreclosure recently.
The latter two I also had 2d TDs on, and had to pay off the owner, in FC on the 1st and 2d TDs, $10k to go away. He cooperated, turned over all the paperwork, I made up all the late fees, payments, FC costs to date, and beat the Trustee’s Sale date. So the lender (WaMu) knows me, has copies of the settlement papers, will soon get a copy of the Deed, etc. But they won’t officially put me on the loan. They seem to be saying, just keep those payments coming in and we’ll be quiet. Some call this Extend and Pretend. I call it unnerving. On the next building I’d like to be more up front and legal with them and actually be on the loan, and do it all before FC. On the other two buildings they were hard to communicate with because of privacy rules, etc., but when I finally got to the right people they got real friendly and kept asking when I would mail in the total arrearages.EconProf
ParticipantThanks SK.
More background as to why I need to protect my $50k already invested and avoid being frozen out by FC on the 1st TD.
With rent of $3000/mo, a 6 5/8 % loan (good for investment properties), I can make money owning this building. I have 5 of exactly the same building next door, three of them since new in 2003, and two acquired deed in lieu of foreclosure recently.
The latter two I also had 2d TDs on, and had to pay off the owner, in FC on the 1st and 2d TDs, $10k to go away. He cooperated, turned over all the paperwork, I made up all the late fees, payments, FC costs to date, and beat the Trustee’s Sale date. So the lender (WaMu) knows me, has copies of the settlement papers, will soon get a copy of the Deed, etc. But they won’t officially put me on the loan. They seem to be saying, just keep those payments coming in and we’ll be quiet. Some call this Extend and Pretend. I call it unnerving. On the next building I’d like to be more up front and legal with them and actually be on the loan, and do it all before FC. On the other two buildings they were hard to communicate with because of privacy rules, etc., but when I finally got to the right people they got real friendly and kept asking when I would mail in the total arrearages.EconProf
ParticipantThanks SK.
More background as to why I need to protect my $50k already invested and avoid being frozen out by FC on the 1st TD.
With rent of $3000/mo, a 6 5/8 % loan (good for investment properties), I can make money owning this building. I have 5 of exactly the same building next door, three of them since new in 2003, and two acquired deed in lieu of foreclosure recently.
The latter two I also had 2d TDs on, and had to pay off the owner, in FC on the 1st and 2d TDs, $10k to go away. He cooperated, turned over all the paperwork, I made up all the late fees, payments, FC costs to date, and beat the Trustee’s Sale date. So the lender (WaMu) knows me, has copies of the settlement papers, will soon get a copy of the Deed, etc. But they won’t officially put me on the loan. They seem to be saying, just keep those payments coming in and we’ll be quiet. Some call this Extend and Pretend. I call it unnerving. On the next building I’d like to be more up front and legal with them and actually be on the loan, and do it all before FC. On the other two buildings they were hard to communicate with because of privacy rules, etc., but when I finally got to the right people they got real friendly and kept asking when I would mail in the total arrearages.EconProf
ParticipantThanks SK.
More background as to why I need to protect my $50k already invested and avoid being frozen out by FC on the 1st TD.
With rent of $3000/mo, a 6 5/8 % loan (good for investment properties), I can make money owning this building. I have 5 of exactly the same building next door, three of them since new in 2003, and two acquired deed in lieu of foreclosure recently.
The latter two I also had 2d TDs on, and had to pay off the owner, in FC on the 1st and 2d TDs, $10k to go away. He cooperated, turned over all the paperwork, I made up all the late fees, payments, FC costs to date, and beat the Trustee’s Sale date. So the lender (WaMu) knows me, has copies of the settlement papers, will soon get a copy of the Deed, etc. But they won’t officially put me on the loan. They seem to be saying, just keep those payments coming in and we’ll be quiet. Some call this Extend and Pretend. I call it unnerving. On the next building I’d like to be more up front and legal with them and actually be on the loan, and do it all before FC. On the other two buildings they were hard to communicate with because of privacy rules, etc., but when I finally got to the right people they got real friendly and kept asking when I would mail in the total arrearages.EconProf
ParticipantI am somewhat familiar with North Park from being an investor there and glazing contractor in the neighborhood long ago. It is a cutsey house in a cutsey area that strongly appeals to a lot of people. The size fits the scaled-down living trend of many who want to shed possessions, yard-work, commuting, and want walkable neighborhoods. A lot of posters on this site don’t want to accept the verdict of the marketplace.
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