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GunDoctor
ParticipantI have not heard one good thing about auctions since I started researching housing.
What is the point of auctions anyway…it there any advantage to participating.
I can’t find anyone who says yes.
Would it not be better to “bid” with an agent and submit offers on housing you wanted to buy and avoid the whole circus.
I dont know how the acution guys will stay in business if they keep pissing off the other half of their customers.
they don’t make money if nothing sells do they?
gunParticipantI have not heard one good thing about auctions since I started researching housing.
What is the point of auctions anyway…it there any advantage to participating.
I can’t find anyone who says yes.
Would it not be better to “bid” with an agent and submit offers on housing you wanted to buy and avoid the whole circus.
I dont know how the acution guys will stay in business if they keep pissing off the other half of their customers.
they don’t make money if nothing sells do they?
gunParticipantI have not heard one good thing about auctions since I started researching housing.
What is the point of auctions anyway…it there any advantage to participating.
I can’t find anyone who says yes.
Would it not be better to “bid” with an agent and submit offers on housing you wanted to buy and avoid the whole circus.
I dont know how the acution guys will stay in business if they keep pissing off the other half of their customers.
they don’t make money if nothing sells do they?
gunParticipantI have not heard one good thing about auctions since I started researching housing.
What is the point of auctions anyway…it there any advantage to participating.
I can’t find anyone who says yes.
Would it not be better to “bid” with an agent and submit offers on housing you wanted to buy and avoid the whole circus.
I dont know how the acution guys will stay in business if they keep pissing off the other half of their customers.
they don’t make money if nothing sells do they?
gunParticipantIt really depends on how much more they can pay per month above the teaser rate. I belive that most of these folks streched so far and so hight that even a small bump up in monthly payments is going to cause problems. Without being able to refinance and get living money there will be nothing left after paying the rent..I mean mortgage.
I can’t see how prices could rally in the face of so much inventory already out there.
time will tell. If people with option arms reset and can afford the payments then I am happy that they get to keep their house…really. What I am counting on are the speculators whose intention was never really to live in a home but to make money, reset or not these homes are going back to the bank and will set future comps.
gunParticipantIt really depends on how much more they can pay per month above the teaser rate. I belive that most of these folks streched so far and so hight that even a small bump up in monthly payments is going to cause problems. Without being able to refinance and get living money there will be nothing left after paying the rent..I mean mortgage.
I can’t see how prices could rally in the face of so much inventory already out there.
time will tell. If people with option arms reset and can afford the payments then I am happy that they get to keep their house…really. What I am counting on are the speculators whose intention was never really to live in a home but to make money, reset or not these homes are going back to the bank and will set future comps.
gunParticipantIt really depends on how much more they can pay per month above the teaser rate. I belive that most of these folks streched so far and so hight that even a small bump up in monthly payments is going to cause problems. Without being able to refinance and get living money there will be nothing left after paying the rent..I mean mortgage.
I can’t see how prices could rally in the face of so much inventory already out there.
time will tell. If people with option arms reset and can afford the payments then I am happy that they get to keep their house…really. What I am counting on are the speculators whose intention was never really to live in a home but to make money, reset or not these homes are going back to the bank and will set future comps.
gunParticipantIt really depends on how much more they can pay per month above the teaser rate. I belive that most of these folks streched so far and so hight that even a small bump up in monthly payments is going to cause problems. Without being able to refinance and get living money there will be nothing left after paying the rent..I mean mortgage.
I can’t see how prices could rally in the face of so much inventory already out there.
time will tell. If people with option arms reset and can afford the payments then I am happy that they get to keep their house…really. What I am counting on are the speculators whose intention was never really to live in a home but to make money, reset or not these homes are going back to the bank and will set future comps.
gunParticipantIt really depends on how much more they can pay per month above the teaser rate. I belive that most of these folks streched so far and so hight that even a small bump up in monthly payments is going to cause problems. Without being able to refinance and get living money there will be nothing left after paying the rent..I mean mortgage.
I can’t see how prices could rally in the face of so much inventory already out there.
time will tell. If people with option arms reset and can afford the payments then I am happy that they get to keep their house…really. What I am counting on are the speculators whose intention was never really to live in a home but to make money, reset or not these homes are going back to the bank and will set future comps.
gunParticipantthis was perfect. I sat my wife down and had her watch this. She is not the most financially savy person I know, but has a good deal of common sence.
After watching the segment I poped up some charts from this site onPrices, rent to income.
the double wave of sub-prime and option arms and when they reset.Bottom line, this woman who is always on my case for buying said that we need / have to wait.
Bout time the main stream media helped my out.
thanks 60 min.
gunParticipantthis was perfect. I sat my wife down and had her watch this. She is not the most financially savy person I know, but has a good deal of common sence.
After watching the segment I poped up some charts from this site onPrices, rent to income.
the double wave of sub-prime and option arms and when they reset.Bottom line, this woman who is always on my case for buying said that we need / have to wait.
Bout time the main stream media helped my out.
thanks 60 min.
gunParticipantthis was perfect. I sat my wife down and had her watch this. She is not the most financially savy person I know, but has a good deal of common sence.
After watching the segment I poped up some charts from this site onPrices, rent to income.
the double wave of sub-prime and option arms and when they reset.Bottom line, this woman who is always on my case for buying said that we need / have to wait.
Bout time the main stream media helped my out.
thanks 60 min.
gunParticipantthis was perfect. I sat my wife down and had her watch this. She is not the most financially savy person I know, but has a good deal of common sence.
After watching the segment I poped up some charts from this site onPrices, rent to income.
the double wave of sub-prime and option arms and when they reset.Bottom line, this woman who is always on my case for buying said that we need / have to wait.
Bout time the main stream media helped my out.
thanks 60 min.
gunParticipantthis was perfect. I sat my wife down and had her watch this. She is not the most financially savy person I know, but has a good deal of common sence.
After watching the segment I poped up some charts from this site onPrices, rent to income.
the double wave of sub-prime and option arms and when they reset.Bottom line, this woman who is always on my case for buying said that we need / have to wait.
Bout time the main stream media helped my out.
thanks 60 min.
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