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August 31, 2009 at 11:09 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451209August 31, 2009 at 11:09 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451553
Huckleberry
Participant[quote=Zeitgeist]Look for the jumbo loan bail out coming to a neighborhood near you soon.[/quote]
There won’t be any bailout for these loans. The lion-share of these are people that have lost their jobs, there is no fix for that…, or are severely upside down and don’t want a mod because it will make them renters for life…August 31, 2009 at 11:09 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451625Participant[quote=Zeitgeist]Look for the jumbo loan bail out coming to a neighborhood near you soon.[/quote]
There won’t be any bailout for these loans. The lion-share of these are people that have lost their jobs, there is no fix for that…, or are severely upside down and don’t want a mod because it will make them renters for life…August 31, 2009 at 11:09 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451817Participant[quote=Zeitgeist]Look for the jumbo loan bail out coming to a neighborhood near you soon.[/quote]
There won’t be any bailout for these loans. The lion-share of these are people that have lost their jobs, there is no fix for that…, or are severely upside down and don’t want a mod because it will make them renters for life…Participant[quote=Sandiagon]Definitely home prices are pretty much stabilizing in San Diego county.[/quote]
Hmmm… How can you justify stating this? Maybe at the low end you have demand, but anything over 250K is still experiencing price correction and exhibits limited demand. From 95% of the articles I read it’s going to get worse in the middle and higher price ranges.
Participant[quote=Sandiagon]Definitely home prices are pretty much stabilizing in San Diego county.[/quote]
Hmmm… How can you justify stating this? Maybe at the low end you have demand, but anything over 250K is still experiencing price correction and exhibits limited demand. From 95% of the articles I read it’s going to get worse in the middle and higher price ranges.
Participant[quote=Sandiagon]Definitely home prices are pretty much stabilizing in San Diego county.[/quote]
Hmmm… How can you justify stating this? Maybe at the low end you have demand, but anything over 250K is still experiencing price correction and exhibits limited demand. From 95% of the articles I read it’s going to get worse in the middle and higher price ranges.
Participant[quote=Sandiagon]Definitely home prices are pretty much stabilizing in San Diego county.[/quote]
Hmmm… How can you justify stating this? Maybe at the low end you have demand, but anything over 250K is still experiencing price correction and exhibits limited demand. From 95% of the articles I read it’s going to get worse in the middle and higher price ranges.
Participant[quote=Sandiagon]Definitely home prices are pretty much stabilizing in San Diego county.[/quote]
Hmmm… How can you justify stating this? Maybe at the low end you have demand, but anything over 250K is still experiencing price correction and exhibits limited demand. From 95% of the articles I read it’s going to get worse in the middle and higher price ranges.
ParticipantDoes anybody have an update or new info on this topic?
ParticipantDoes anybody have an update or new info on this topic?
ParticipantDoes anybody have an update or new info on this topic?
ParticipantDoes anybody have an update or new info on this topic?
ParticipantDoes anybody have an update or new info on this topic?
ParticipantPersonally, I’m very happy to hear they won’t give him a principal write down!
I’m still hoping with all my might that the banks don’t just start handing out free money (write downs), which are my tax dollars!!!
You can read at the below URL, banks aren’t doing write downs, which thrills me to death! It allows the free market system more ability to work correctly…
http://effectivedemand.blogspot.com/2009/06/california-loan-modifications-update.html
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