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kev374
Participantshe admits she did not understand the terms of the loan then the big question is…WHY did she sign an agreement she did not understand? Perhaps it is more likely that she understood the nature of the loan but did not care because she wanted the money at the time. Now when she has to pay the price she cries tears and has excuses up the wazoo about why she signed those papers.
kev374
Participantshe admits she did not understand the terms of the loan then the big question is…WHY did she sign an agreement she did not understand? Perhaps it is more likely that she understood the nature of the loan but did not care because she wanted the money at the time. Now when she has to pay the price she cries tears and has excuses up the wazoo about why she signed those papers.
kev374
Participantshe admits she did not understand the terms of the loan then the big question is…WHY did she sign an agreement she did not understand? Perhaps it is more likely that she understood the nature of the loan but did not care because she wanted the money at the time. Now when she has to pay the price she cries tears and has excuses up the wazoo about why she signed those papers.
kev374
Participantshe admits she did not understand the terms of the loan then the big question is…WHY did she sign an agreement she did not understand? Perhaps it is more likely that she understood the nature of the loan but did not care because she wanted the money at the time. Now when she has to pay the price she cries tears and has excuses up the wazoo about why she signed those papers.
kev374
Participantshe admits she did not understand the terms of the loan then the big question is…WHY did she sign an agreement she did not understand? Perhaps it is more likely that she understood the nature of the loan but did not care because she wanted the money at the time. Now when she has to pay the price she cries tears and has excuses up the wazoo about why she signed those papers.
kev374
Participantthere are better ways to gamble
kev374
Participantthere are better ways to gamble
kev374
Participantthere are better ways to gamble
kev374
Participantthere are better ways to gamble
kev374
Participantthere are better ways to gamble
July 1, 2008 at 8:46 AM in reply to: Bottomless: Home Prices to Fall Another 10-15 Percent, Says Schwab’s Sonders #231736kev374
Participantin SoCal for housing to be as affordable as it was before the run up it has to fall at least 40% from current prices.
I know townhomes in Aliso Viejo which were selling for $275k in 2001 are now appraised at $450k. These homes should be selling for $250k at most.
I don’t think income or affordability has changed much since 2000, in addition OC has been very hard hit right now due to mass layoffs. Factor in cost of oil and other commodities and you can see affordability should be lower than in 2000.
July 1, 2008 at 8:46 AM in reply to: Bottomless: Home Prices to Fall Another 10-15 Percent, Says Schwab’s Sonders #231858kev374
Participantin SoCal for housing to be as affordable as it was before the run up it has to fall at least 40% from current prices.
I know townhomes in Aliso Viejo which were selling for $275k in 2001 are now appraised at $450k. These homes should be selling for $250k at most.
I don’t think income or affordability has changed much since 2000, in addition OC has been very hard hit right now due to mass layoffs. Factor in cost of oil and other commodities and you can see affordability should be lower than in 2000.
July 1, 2008 at 8:46 AM in reply to: Bottomless: Home Prices to Fall Another 10-15 Percent, Says Schwab’s Sonders #231868kev374
Participantin SoCal for housing to be as affordable as it was before the run up it has to fall at least 40% from current prices.
I know townhomes in Aliso Viejo which were selling for $275k in 2001 are now appraised at $450k. These homes should be selling for $250k at most.
I don’t think income or affordability has changed much since 2000, in addition OC has been very hard hit right now due to mass layoffs. Factor in cost of oil and other commodities and you can see affordability should be lower than in 2000.
July 1, 2008 at 8:46 AM in reply to: Bottomless: Home Prices to Fall Another 10-15 Percent, Says Schwab’s Sonders #231909kev374
Participantin SoCal for housing to be as affordable as it was before the run up it has to fall at least 40% from current prices.
I know townhomes in Aliso Viejo which were selling for $275k in 2001 are now appraised at $450k. These homes should be selling for $250k at most.
I don’t think income or affordability has changed much since 2000, in addition OC has been very hard hit right now due to mass layoffs. Factor in cost of oil and other commodities and you can see affordability should be lower than in 2000.
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