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Nancy_s soothsayer
ParticipantThose creative financing schemes are just now plain “bait” advertising for the remaining credit saints or greater fools who have high FICO scores and steady secure jobs. Almost every sucker and his relatives have already piled in during the last three years into the Trump-wannabe club. There are just a few remaining stragglers of naive, innocent, high-fico owners out there who are not Piggington readers who will fall for these greater-fool baits. Their numbers are dwindling. Soon enough, it will be Piggington’s turn to swoop in and buy at prime time.
Nancy_s soothsayer
ParticipantThose creative financing schemes are just now plain “bait” advertising for the remaining credit saints or greater fools who have high FICO scores and steady secure jobs. Almost every sucker and his relatives have already piled in during the last three years into the Trump-wannabe club. There are just a few remaining stragglers of naive, innocent, high-fico owners out there who are not Piggington readers who will fall for these greater-fool baits. Their numbers are dwindling. Soon enough, it will be Piggington’s turn to swoop in and buy at prime time.
Nancy_s soothsayer
ParticipantSheesh, we keep on harping at the slowness of decline. From where I sit, I am panicking at the drastic sharpness of the decline! My family net worth lost more than 15K in two days (Thursday and today) through 401K stock accounts via limited selection of mutual funds. There was no way to escape the bath we just took. What was the cause of all that loss? Hmmm? The housing market. That’s right. The housing bubble is now the major cause of the credit implosion – it is all over the news now – no more hiding that. Every joe schmuck who watches the news should now be aware that the problem has a bottom line – the housing bubble. It hurts to see your 401K dwindle portions away caused by the housing market. Now, where is that bottle of sweet red wine…..
Nancy_s soothsayer
ParticipantSheesh, we keep on harping at the slowness of decline. From where I sit, I am panicking at the drastic sharpness of the decline! My family net worth lost more than 15K in two days (Thursday and today) through 401K stock accounts via limited selection of mutual funds. There was no way to escape the bath we just took. What was the cause of all that loss? Hmmm? The housing market. That’s right. The housing bubble is now the major cause of the credit implosion – it is all over the news now – no more hiding that. Every joe schmuck who watches the news should now be aware that the problem has a bottom line – the housing bubble. It hurts to see your 401K dwindle portions away caused by the housing market. Now, where is that bottle of sweet red wine…..
Nancy_s soothsayer
ParticipantAny extra money that the CA gooberment has should be spent towards acquiring vast water resources. The global warming might turn the whole state into a desert.
Nancy_s soothsayer
ParticipantAny extra money that the CA gooberment has should be spent towards acquiring vast water resources. The global warming might turn the whole state into a desert.
Nancy_s soothsayer
ParticipantAnswer: Lots of Jesus’s (plural?) have already bought overpriced houses.
There were Jesus Garcia, Jesus Padilla, Jesus Gonzalez, Jesus Sandoval, and other Jesus’s running around all over the place.
Nancy_s soothsayer
ParticipantAnswer: Lots of Jesus’s (plural?) have already bought overpriced houses.
There were Jesus Garcia, Jesus Padilla, Jesus Gonzalez, Jesus Sandoval, and other Jesus’s running around all over the place.
July 24, 2007 at 11:25 PM in reply to: Record High Foreclosures in California: 17,408 in 2nd quarter vs 11K in first #67526Nancy_s soothsayer
ParticipantIf I remember correctly, many private database miners purchase their data from the local governments mostly from Recorder’s office or tax offices/services (example, NOD’s, foreclosures, sale and loan specifics, etc.) In that case, someone – a clerk – working at the Recorder’s gets to see firsthand what’s really going on with the most important stats that we would all like to know about.
July 24, 2007 at 11:25 PM in reply to: Record High Foreclosures in California: 17,408 in 2nd quarter vs 11K in first #67593Nancy_s soothsayer
ParticipantIf I remember correctly, many private database miners purchase their data from the local governments mostly from Recorder’s office or tax offices/services (example, NOD’s, foreclosures, sale and loan specifics, etc.) In that case, someone – a clerk – working at the Recorder’s gets to see firsthand what’s really going on with the most important stats that we would all like to know about.
July 24, 2007 at 10:38 PM in reply to: Record High Foreclosures in California: 17,408 in 2nd quarter vs 11K in first #67499Nancy_s soothsayer
ParticipantThe employees and managers at the local banks who own the REO’s are just as delusional as the buyers in San Diego who in recent years bought overpriced houses they could not really afford to pay for. They, as majority did, thought that San Diego houses only go up every year. Maybe they are assuming prices will go up again in Spring 2008. The fantasy river Denial runs deep in San Diego dreamland.
July 24, 2007 at 10:38 PM in reply to: Record High Foreclosures in California: 17,408 in 2nd quarter vs 11K in first #67564Nancy_s soothsayer
ParticipantThe employees and managers at the local banks who own the REO’s are just as delusional as the buyers in San Diego who in recent years bought overpriced houses they could not really afford to pay for. They, as majority did, thought that San Diego houses only go up every year. Maybe they are assuming prices will go up again in Spring 2008. The fantasy river Denial runs deep in San Diego dreamland.
Nancy_s soothsayer
ParticipantLMAO. Yes, they are running out of land, they are running out of houses, and you are running out of chance to buy the house that you want in San Diego. This sounds like 2004 all over again.
Nancy_s soothsayer
ParticipantLMAO. Yes, they are running out of land, they are running out of houses, and you are running out of chance to buy the house that you want in San Diego. This sounds like 2004 all over again.
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