[enron_by_the_sea]

[quote=briansd1][quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?[/quote]

Maybe they put 20%+ down which they lost – could be about $216000+

Lender loses nothing unless the price falls bellow $864000 minus 3 years of principal payments . This brings you very close to the sale price.

[enron_by_the_sea]

[quote=briansd1][quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?[/quote]

Maybe they put 20%+ down which they lost – could be about $216000+

Lender loses nothing unless the price falls bellow $864000 minus 3 years of principal payments . This brings you very close to the sale price.

[enron_by_the_sea]

[quote=briansd1][quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?[/quote]

Maybe they put 20%+ down which they lost – could be about $216000+

Lender loses nothing unless the price falls bellow $864000 minus 3 years of principal payments . This brings you very close to the sale price.

[enron_by_the_sea]

[quote=DataAgent][quote=ocrenter]jp, our favorite whipping boy, the fabulous “smashing stonebridge sanctuary” finally sold for $850k after 3 years of drama.

http://www.sdlookup.com/MLS-100054326-13348_Shadetree_Ct_San_Diego_CA_92131%5B/quote%5D

That’s a huge total loss. I bet the seller is really happy to be done with that great adventure.[/quote]

Any idea if this was a (re)foreclosure? RE-REO?

[enron_by_the_sea]

[quote=DataAgent][quote=ocrenter]jp, our favorite whipping boy, the fabulous “smashing stonebridge sanctuary” finally sold for $850k after 3 years of drama.

http://www.sdlookup.com/MLS-100054326-13348_Shadetree_Ct_San_Diego_CA_92131%5B/quote%5D

That’s a huge total loss. I bet the seller is really happy to be done with that great adventure.[/quote]

Any idea if this was a (re)foreclosure? RE-REO?

[enron_by_the_sea]

[quote=DataAgent][quote=ocrenter]jp, our favorite whipping boy, the fabulous “smashing stonebridge sanctuary” finally sold for $850k after 3 years of drama.

http://www.sdlookup.com/MLS-100054326-13348_Shadetree_Ct_San_Diego_CA_92131%5B/quote%5D

That’s a huge total loss. I bet the seller is really happy to be done with that great adventure.[/quote]

Any idea if this was a (re)foreclosure? RE-REO?

[enron_by_the_sea]

[quote=DataAgent][quote=ocrenter]jp, our favorite whipping boy, the fabulous “smashing stonebridge sanctuary” finally sold for $850k after 3 years of drama.

http://www.sdlookup.com/MLS-100054326-13348_Shadetree_Ct_San_Diego_CA_92131%5B/quote%5D

That’s a huge total loss. I bet the seller is really happy to be done with that great adventure.[/quote]

Any idea if this was a (re)foreclosure? RE-REO?

[enron_by_the_sea]

[quote=DataAgent][quote=ocrenter]jp, our favorite whipping boy, the fabulous “smashing stonebridge sanctuary” finally sold for $850k after 3 years of drama.

http://www.sdlookup.com/MLS-100054326-13348_Shadetree_Ct_San_Diego_CA_92131%5B/quote%5D

That’s a huge total loss. I bet the seller is really happy to be done with that great adventure.[/quote]

Any idea if this was a (re)foreclosure? RE-REO?

[enron_by_the_sea]

Gold is a religion masquerading as an asset class.

http://www.businessinsider.com/gold-is-a-religion-2010-9?slop=1#slideshow-start#ixzz19SDDRDWh

[enron_by_the_sea]

Gold is a religion masquerading as an asset class.

http://www.businessinsider.com/gold-is-a-religion-2010-9?slop=1#slideshow-start#ixzz19SDDRDWh

[enron_by_the_sea]

Gold is a religion masquerading as an asset class.

http://www.businessinsider.com/gold-is-a-religion-2010-9?slop=1#slideshow-start#ixzz19SDDRDWh

[enron_by_the_sea]

Gold is a religion masquerading as an asset class.

http://www.businessinsider.com/gold-is-a-religion-2010-9?slop=1#slideshow-start#ixzz19SDDRDWh

[enron_by_the_sea]

Gold is a religion masquerading as an asset class.

http://www.businessinsider.com/gold-is-a-religion-2010-9?slop=1#slideshow-start#ixzz19SDDRDWh

[enron_by_the_sea]

Let’s move forward.

Everyone agrees if taxes were 100%, reducing taxes will bring in more revenue and if taxes were 0%, increasing taxes will more revenue.

We have none of the 2 cases. Clearly there is an optimal level. What is that? 10%? 20%? 50%? 75%?

[enron_by_the_sea]

Let’s move forward.

Everyone agrees if taxes were 100%, reducing taxes will bring in more revenue and if taxes were 0%, increasing taxes will more revenue.

We have none of the 2 cases. Clearly there is an optimal level. What is that? 10%? 20%? 50%? 75%?

[Author]

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