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(former)FormerSanDiegan
ParticipantIs your broker trying to get you to refinance instead of going for loan mod ?
(former)FormerSanDiegan
ParticipantThe exemption, if it was applied would have been applied to the regular bill, which was probably settled during escrow. The supplemental bill only accounts for the difference.
Just make sure you filled out the form for the homeowner’s exemption.
Either way it’s small potatoes, we’re talking about an exemption of 7000, which amounts to 75-80 bucks a year.(former)FormerSanDiegan
ParticipantThe exemption, if it was applied would have been applied to the regular bill, which was probably settled during escrow. The supplemental bill only accounts for the difference.
Just make sure you filled out the form for the homeowner’s exemption.
Either way it’s small potatoes, we’re talking about an exemption of 7000, which amounts to 75-80 bucks a year.(former)FormerSanDiegan
ParticipantThe exemption, if it was applied would have been applied to the regular bill, which was probably settled during escrow. The supplemental bill only accounts for the difference.
Just make sure you filled out the form for the homeowner’s exemption.
Either way it’s small potatoes, we’re talking about an exemption of 7000, which amounts to 75-80 bucks a year.(former)FormerSanDiegan
ParticipantThe exemption, if it was applied would have been applied to the regular bill, which was probably settled during escrow. The supplemental bill only accounts for the difference.
Just make sure you filled out the form for the homeowner’s exemption.
Either way it’s small potatoes, we’re talking about an exemption of 7000, which amounts to 75-80 bucks a year.(former)FormerSanDiegan
ParticipantThe exemption, if it was applied would have been applied to the regular bill, which was probably settled during escrow. The supplemental bill only accounts for the difference.
Just make sure you filled out the form for the homeowner’s exemption.
Either way it’s small potatoes, we’re talking about an exemption of 7000, which amounts to 75-80 bucks a year.June 19, 2009 at 2:00 PM in reply to: Real Estate Lobby Wants $15,000 tax credit for all buyers. #417626(former)FormerSanDiegan
Participant[quote=sobmaz]I agree 100%.
It is becoming increasingly clear that the housing market in California, due to all the moratorium, tax credits and all the other B.S. they are doing to bail out the spendthrifts who bought houses they could not afford, will not correct until 30 year interest rates force the correction.
Until then, those who used their common sense, their brains and lived within their means will have to continue to be punished by the Government and watch the Gooberment continue trying to keep the spendthrifts, the idiots, those who do not save for their future, in the houses they never should have gotten in the first place.
You know it is time to invest in Gold when our Government rewards greatly stupidity and crushes commons sense. Of course, it has always been that way to a degree but never like this.
[/quote]
I know that people want more affordability but the words “housing market in California … will not correct until …” seems to ignore the fact that we have had the largest correction in CA real estate in three generations by virtually any metric.
June 19, 2009 at 2:00 PM in reply to: Real Estate Lobby Wants $15,000 tax credit for all buyers. #417860(former)FormerSanDiegan
Participant[quote=sobmaz]I agree 100%.
It is becoming increasingly clear that the housing market in California, due to all the moratorium, tax credits and all the other B.S. they are doing to bail out the spendthrifts who bought houses they could not afford, will not correct until 30 year interest rates force the correction.
Until then, those who used their common sense, their brains and lived within their means will have to continue to be punished by the Government and watch the Gooberment continue trying to keep the spendthrifts, the idiots, those who do not save for their future, in the houses they never should have gotten in the first place.
You know it is time to invest in Gold when our Government rewards greatly stupidity and crushes commons sense. Of course, it has always been that way to a degree but never like this.
[/quote]
I know that people want more affordability but the words “housing market in California … will not correct until …” seems to ignore the fact that we have had the largest correction in CA real estate in three generations by virtually any metric.
June 19, 2009 at 2:00 PM in reply to: Real Estate Lobby Wants $15,000 tax credit for all buyers. #418123(former)FormerSanDiegan
Participant[quote=sobmaz]I agree 100%.
It is becoming increasingly clear that the housing market in California, due to all the moratorium, tax credits and all the other B.S. they are doing to bail out the spendthrifts who bought houses they could not afford, will not correct until 30 year interest rates force the correction.
Until then, those who used their common sense, their brains and lived within their means will have to continue to be punished by the Government and watch the Gooberment continue trying to keep the spendthrifts, the idiots, those who do not save for their future, in the houses they never should have gotten in the first place.
You know it is time to invest in Gold when our Government rewards greatly stupidity and crushes commons sense. Of course, it has always been that way to a degree but never like this.
[/quote]
I know that people want more affordability but the words “housing market in California … will not correct until …” seems to ignore the fact that we have had the largest correction in CA real estate in three generations by virtually any metric.
June 19, 2009 at 2:00 PM in reply to: Real Estate Lobby Wants $15,000 tax credit for all buyers. #418187(former)FormerSanDiegan
Participant[quote=sobmaz]I agree 100%.
It is becoming increasingly clear that the housing market in California, due to all the moratorium, tax credits and all the other B.S. they are doing to bail out the spendthrifts who bought houses they could not afford, will not correct until 30 year interest rates force the correction.
Until then, those who used their common sense, their brains and lived within their means will have to continue to be punished by the Government and watch the Gooberment continue trying to keep the spendthrifts, the idiots, those who do not save for their future, in the houses they never should have gotten in the first place.
You know it is time to invest in Gold when our Government rewards greatly stupidity and crushes commons sense. Of course, it has always been that way to a degree but never like this.
[/quote]
I know that people want more affordability but the words “housing market in California … will not correct until …” seems to ignore the fact that we have had the largest correction in CA real estate in three generations by virtually any metric.
June 19, 2009 at 2:00 PM in reply to: Real Estate Lobby Wants $15,000 tax credit for all buyers. #418349(former)FormerSanDiegan
Participant[quote=sobmaz]I agree 100%.
It is becoming increasingly clear that the housing market in California, due to all the moratorium, tax credits and all the other B.S. they are doing to bail out the spendthrifts who bought houses they could not afford, will not correct until 30 year interest rates force the correction.
Until then, those who used their common sense, their brains and lived within their means will have to continue to be punished by the Government and watch the Gooberment continue trying to keep the spendthrifts, the idiots, those who do not save for their future, in the houses they never should have gotten in the first place.
You know it is time to invest in Gold when our Government rewards greatly stupidity and crushes commons sense. Of course, it has always been that way to a degree but never like this.
[/quote]
I know that people want more affordability but the words “housing market in California … will not correct until …” seems to ignore the fact that we have had the largest correction in CA real estate in three generations by virtually any metric.
(former)FormerSanDiegan
ParticipantPrior to this, how often were homes sold to FHA buyers that were also purchased within 90 days prior to that FHA purchase ?
I think this is only a major problem for the commercial flippers (e.g. Bruce Norris) who have the machinery in place to rehab properties within 30 days or less. Still, they have to market and get it sold.
It is not really a removal of buyers from the pool, more like a removal of available properties and an increase in the time (and therefore money) required by the flippers.
(former)FormerSanDiegan
ParticipantPrior to this, how often were homes sold to FHA buyers that were also purchased within 90 days prior to that FHA purchase ?
I think this is only a major problem for the commercial flippers (e.g. Bruce Norris) who have the machinery in place to rehab properties within 30 days or less. Still, they have to market and get it sold.
It is not really a removal of buyers from the pool, more like a removal of available properties and an increase in the time (and therefore money) required by the flippers.
(former)FormerSanDiegan
ParticipantPrior to this, how often were homes sold to FHA buyers that were also purchased within 90 days prior to that FHA purchase ?
I think this is only a major problem for the commercial flippers (e.g. Bruce Norris) who have the machinery in place to rehab properties within 30 days or less. Still, they have to market and get it sold.
It is not really a removal of buyers from the pool, more like a removal of available properties and an increase in the time (and therefore money) required by the flippers.
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