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June 15, 2009 at 11:15 AM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #416595June 15, 2009 at 11:15 AM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #416436escapistParticipant
I can kind of sympathize with those that believed their realtors, loan brokers, family and friends when they said real estate was such a good investment, it would only go up, if you didn’t buy now you’d be priced out forever and a stated income loan was okay because you’d probably be making more money in a couple of years anyway…
I almost fell for it in 2007 when I almost bought a house in Mira Mesa that was way overpriced and I couldn’t really afford. But something in my gut told me it wasn’t a good decision and I didn’t do it.
But if I had bought, I probably wouldn’t be crying about it blaming my family, friends, realtor, etc. Because it was a decision that I would have made and I alone would have been responsible for.
That’s life. You use what information you have to make decisions and sometimes you make bad ones. Nobody said it was going to be easy. Foreclosure is not the worst thing in the world that can happen to you.
June 15, 2009 at 11:15 AM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #416368escapistParticipantI can kind of sympathize with those that believed their realtors, loan brokers, family and friends when they said real estate was such a good investment, it would only go up, if you didn’t buy now you’d be priced out forever and a stated income loan was okay because you’d probably be making more money in a couple of years anyway…
I almost fell for it in 2007 when I almost bought a house in Mira Mesa that was way overpriced and I couldn’t really afford. But something in my gut told me it wasn’t a good decision and I didn’t do it.
But if I had bought, I probably wouldn’t be crying about it blaming my family, friends, realtor, etc. Because it was a decision that I would have made and I alone would have been responsible for.
That’s life. You use what information you have to make decisions and sometimes you make bad ones. Nobody said it was going to be easy. Foreclosure is not the worst thing in the world that can happen to you.
June 15, 2009 at 11:15 AM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #416111escapistParticipantI can kind of sympathize with those that believed their realtors, loan brokers, family and friends when they said real estate was such a good investment, it would only go up, if you didn’t buy now you’d be priced out forever and a stated income loan was okay because you’d probably be making more money in a couple of years anyway…
I almost fell for it in 2007 when I almost bought a house in Mira Mesa that was way overpriced and I couldn’t really afford. But something in my gut told me it wasn’t a good decision and I didn’t do it.
But if I had bought, I probably wouldn’t be crying about it blaming my family, friends, realtor, etc. Because it was a decision that I would have made and I alone would have been responsible for.
That’s life. You use what information you have to make decisions and sometimes you make bad ones. Nobody said it was going to be easy. Foreclosure is not the worst thing in the world that can happen to you.
June 15, 2009 at 11:15 AM in reply to: California’s foreclosure moratorium………..Are we hosed yet again or what? #415873escapistParticipantI can kind of sympathize with those that believed their realtors, loan brokers, family and friends when they said real estate was such a good investment, it would only go up, if you didn’t buy now you’d be priced out forever and a stated income loan was okay because you’d probably be making more money in a couple of years anyway…
I almost fell for it in 2007 when I almost bought a house in Mira Mesa that was way overpriced and I couldn’t really afford. But something in my gut told me it wasn’t a good decision and I didn’t do it.
But if I had bought, I probably wouldn’t be crying about it blaming my family, friends, realtor, etc. Because it was a decision that I would have made and I alone would have been responsible for.
That’s life. You use what information you have to make decisions and sometimes you make bad ones. Nobody said it was going to be easy. Foreclosure is not the worst thing in the world that can happen to you.
escapistParticipantThere’s no lease agreement at this point, it’s just month-to-month. Since the mortgage is payed off, my mom is cash flow positive with what the tenants are paying. There’s also the possibility that we may want to move into the place at some point next year. If so, maybe it would make sense to lower their rent and let them stay until we’re ready to make the move?
Thanks for all the advice! I’ll talk it over with my family.
escapistParticipantThere’s no lease agreement at this point, it’s just month-to-month. Since the mortgage is payed off, my mom is cash flow positive with what the tenants are paying. There’s also the possibility that we may want to move into the place at some point next year. If so, maybe it would make sense to lower their rent and let them stay until we’re ready to make the move?
Thanks for all the advice! I’ll talk it over with my family.
escapistParticipantThere’s no lease agreement at this point, it’s just month-to-month. Since the mortgage is payed off, my mom is cash flow positive with what the tenants are paying. There’s also the possibility that we may want to move into the place at some point next year. If so, maybe it would make sense to lower their rent and let them stay until we’re ready to make the move?
Thanks for all the advice! I’ll talk it over with my family.
escapistParticipantThere’s no lease agreement at this point, it’s just month-to-month. Since the mortgage is payed off, my mom is cash flow positive with what the tenants are paying. There’s also the possibility that we may want to move into the place at some point next year. If so, maybe it would make sense to lower their rent and let them stay until we’re ready to make the move?
Thanks for all the advice! I’ll talk it over with my family.
escapistParticipantThere’s no lease agreement at this point, it’s just month-to-month. Since the mortgage is payed off, my mom is cash flow positive with what the tenants are paying. There’s also the possibility that we may want to move into the place at some point next year. If so, maybe it would make sense to lower their rent and let them stay until we’re ready to make the move?
Thanks for all the advice! I’ll talk it over with my family.
escapistParticipantHey I found this link to EDD’s list of lay-off warnings. If you scroll down to the bottom they have links to the list of warnings by company name, location, and date. According to that list Sony is laying off 300 people on 6/5/09.
http://www.edd.ca.gov/Jobs_and_Training/Layoff_Services_WARN.htm#ListingofWARNNotices
I found it via this article:
http://www.nbcsandiego.com/news/business/Are-You-on-the-List-of-Layoffs.html
escapistParticipantHey I found this link to EDD’s list of lay-off warnings. If you scroll down to the bottom they have links to the list of warnings by company name, location, and date. According to that list Sony is laying off 300 people on 6/5/09.
http://www.edd.ca.gov/Jobs_and_Training/Layoff_Services_WARN.htm#ListingofWARNNotices
I found it via this article:
http://www.nbcsandiego.com/news/business/Are-You-on-the-List-of-Layoffs.html
escapistParticipantHey I found this link to EDD’s list of lay-off warnings. If you scroll down to the bottom they have links to the list of warnings by company name, location, and date. According to that list Sony is laying off 300 people on 6/5/09.
http://www.edd.ca.gov/Jobs_and_Training/Layoff_Services_WARN.htm#ListingofWARNNotices
I found it via this article:
http://www.nbcsandiego.com/news/business/Are-You-on-the-List-of-Layoffs.html
escapistParticipantHey I found this link to EDD’s list of lay-off warnings. If you scroll down to the bottom they have links to the list of warnings by company name, location, and date. According to that list Sony is laying off 300 people on 6/5/09.
http://www.edd.ca.gov/Jobs_and_Training/Layoff_Services_WARN.htm#ListingofWARNNotices
I found it via this article:
http://www.nbcsandiego.com/news/business/Are-You-on-the-List-of-Layoffs.html
escapistParticipantHey I found this link to EDD’s list of lay-off warnings. If you scroll down to the bottom they have links to the list of warnings by company name, location, and date. According to that list Sony is laying off 300 people on 6/5/09.
http://www.edd.ca.gov/Jobs_and_Training/Layoff_Services_WARN.htm#ListingofWARNNotices
I found it via this article:
http://www.nbcsandiego.com/news/business/Are-You-on-the-List-of-Layoffs.html
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