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JWM in SD
Participant“asking between $1.5 and $1.7 million” Yes, asking price. Not the same as sales price. I wonder how money was pulled out those homes in “equity” too?
“If you think a NOD on a $700k loan for a property worth at least $1.3 million automatically reduces the value of every property in the ‘hood then you know nothing about real estate.”
I guess we’ll find out won’t we when that property goes through the foreclosure process. You do know that HELOC is not non-recourse right?
“Considering that house is worth well over $1,000,000 just who is looking for a bailout? I’d be happy to write a check for $900k today to take care of the liens and give the current owners some walking around cash.”
Yes, go do that. You can pay for their vacations, hummers, and escalades they undoubetdly purchased with the HELOC money. I don’t know about you, but I don’t funding other people’s lifestyles. When you buy it, make sure that you post a photocopy of the cleared 900K check okay?
Participant“asking between $1.5 and $1.7 million” Yes, asking price. Not the same as sales price. I wonder how money was pulled out those homes in “equity” too?
“If you think a NOD on a $700k loan for a property worth at least $1.3 million automatically reduces the value of every property in the ‘hood then you know nothing about real estate.”
I guess we’ll find out won’t we when that property goes through the foreclosure process. You do know that HELOC is not non-recourse right?
“Considering that house is worth well over $1,000,000 just who is looking for a bailout? I’d be happy to write a check for $900k today to take care of the liens and give the current owners some walking around cash.”
Yes, go do that. You can pay for their vacations, hummers, and escalades they undoubetdly purchased with the HELOC money. I don’t know about you, but I don’t funding other people’s lifestyles. When you buy it, make sure that you post a photocopy of the cleared 900K check okay?
Participant“asking between $1.5 and $1.7 million” Yes, asking price. Not the same as sales price. I wonder how money was pulled out those homes in “equity” too?
“If you think a NOD on a $700k loan for a property worth at least $1.3 million automatically reduces the value of every property in the ‘hood then you know nothing about real estate.”
I guess we’ll find out won’t we when that property goes through the foreclosure process. You do know that HELOC is not non-recourse right?
“Considering that house is worth well over $1,000,000 just who is looking for a bailout? I’d be happy to write a check for $900k today to take care of the liens and give the current owners some walking around cash.”
Yes, go do that. You can pay for their vacations, hummers, and escalades they undoubetdly purchased with the HELOC money. I don’t know about you, but I don’t funding other people’s lifestyles. When you buy it, make sure that you post a photocopy of the cleared 900K check okay?
Participant“asking between $1.5 and $1.7 million” Yes, asking price. Not the same as sales price. I wonder how money was pulled out those homes in “equity” too?
“If you think a NOD on a $700k loan for a property worth at least $1.3 million automatically reduces the value of every property in the ‘hood then you know nothing about real estate.”
I guess we’ll find out won’t we when that property goes through the foreclosure process. You do know that HELOC is not non-recourse right?
“Considering that house is worth well over $1,000,000 just who is looking for a bailout? I’d be happy to write a check for $900k today to take care of the liens and give the current owners some walking around cash.”
Yes, go do that. You can pay for their vacations, hummers, and escalades they undoubetdly purchased with the HELOC money. I don’t know about you, but I don’t funding other people’s lifestyles. When you buy it, make sure that you post a photocopy of the cleared 900K check okay?
ParticipantFisher is not Kudlow.
ParticipantFisher is not Kudlow.
ParticipantFisher is not Kudlow.
ParticipantFisher is not Kudlow.
ParticipantFisher is not Kudlow.
ParticipantHere’s your answer.
Fisher Warns Of Rate Hikes
Fed Governor Fisher is warning Rate hikes could come sooner vs later.
The Federal Reserve would likely increase interest rates “sooner rather than later” if inflation worsens, even if the U.S. economy remains weak, Dallas Federal Reserve Bank President Richard Fisher said on Wednesday.
“If inflationary developments and, more important, inflation expectations, continue to worsen, I would expect a change of course in monetary policy to occur sooner rather than later, even in the face of an anemic economic scenario,” Fisher said.
Fisher is one of the Fed’s leading policy hawks, urging the central bank to focus more on the need to quell inflation, which he termed “a sinister beast.” He has tallied three straight dissents against the Federal Open Market Committee’s moves to lower benchmark lending rates.
“Growth cannot be sustained if markets are undermined by inflation,” Fisher said. “Stable prices go hand in hand with achieving sustainable economic growth.”
ParticipantHere’s your answer.
Fisher Warns Of Rate Hikes
Fed Governor Fisher is warning Rate hikes could come sooner vs later.
The Federal Reserve would likely increase interest rates “sooner rather than later” if inflation worsens, even if the U.S. economy remains weak, Dallas Federal Reserve Bank President Richard Fisher said on Wednesday.
“If inflationary developments and, more important, inflation expectations, continue to worsen, I would expect a change of course in monetary policy to occur sooner rather than later, even in the face of an anemic economic scenario,” Fisher said.
Fisher is one of the Fed’s leading policy hawks, urging the central bank to focus more on the need to quell inflation, which he termed “a sinister beast.” He has tallied three straight dissents against the Federal Open Market Committee’s moves to lower benchmark lending rates.
“Growth cannot be sustained if markets are undermined by inflation,” Fisher said. “Stable prices go hand in hand with achieving sustainable economic growth.”
ParticipantHere’s your answer.
Fisher Warns Of Rate Hikes
Fed Governor Fisher is warning Rate hikes could come sooner vs later.
The Federal Reserve would likely increase interest rates “sooner rather than later” if inflation worsens, even if the U.S. economy remains weak, Dallas Federal Reserve Bank President Richard Fisher said on Wednesday.
“If inflationary developments and, more important, inflation expectations, continue to worsen, I would expect a change of course in monetary policy to occur sooner rather than later, even in the face of an anemic economic scenario,” Fisher said.
Fisher is one of the Fed’s leading policy hawks, urging the central bank to focus more on the need to quell inflation, which he termed “a sinister beast.” He has tallied three straight dissents against the Federal Open Market Committee’s moves to lower benchmark lending rates.
“Growth cannot be sustained if markets are undermined by inflation,” Fisher said. “Stable prices go hand in hand with achieving sustainable economic growth.”
ParticipantHere’s your answer.
Fisher Warns Of Rate Hikes
Fed Governor Fisher is warning Rate hikes could come sooner vs later.
The Federal Reserve would likely increase interest rates “sooner rather than later” if inflation worsens, even if the U.S. economy remains weak, Dallas Federal Reserve Bank President Richard Fisher said on Wednesday.
“If inflationary developments and, more important, inflation expectations, continue to worsen, I would expect a change of course in monetary policy to occur sooner rather than later, even in the face of an anemic economic scenario,” Fisher said.
Fisher is one of the Fed’s leading policy hawks, urging the central bank to focus more on the need to quell inflation, which he termed “a sinister beast.” He has tallied three straight dissents against the Federal Open Market Committee’s moves to lower benchmark lending rates.
“Growth cannot be sustained if markets are undermined by inflation,” Fisher said. “Stable prices go hand in hand with achieving sustainable economic growth.”
ParticipantHere’s your answer.
Fisher Warns Of Rate Hikes
Fed Governor Fisher is warning Rate hikes could come sooner vs later.
The Federal Reserve would likely increase interest rates “sooner rather than later” if inflation worsens, even if the U.S. economy remains weak, Dallas Federal Reserve Bank President Richard Fisher said on Wednesday.
“If inflationary developments and, more important, inflation expectations, continue to worsen, I would expect a change of course in monetary policy to occur sooner rather than later, even in the face of an anemic economic scenario,” Fisher said.
Fisher is one of the Fed’s leading policy hawks, urging the central bank to focus more on the need to quell inflation, which he termed “a sinister beast.” He has tallied three straight dissents against the Federal Open Market Committee’s moves to lower benchmark lending rates.
“Growth cannot be sustained if markets are undermined by inflation,” Fisher said. “Stable prices go hand in hand with achieving sustainable economic growth.”
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