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nostradamus
Participant[quote=DWCAP] You knifecatchers buy the first ones that come on the market that are in need of alot of work and in crappy locations. Ill just wait for the houses that have to deal with your comps. I am not worried about it until I see a sustained and significant drop in NOT’s. Then I may get off my lazy ass and start looking again. [/quote]
Word! That’s my position as well.
nostradamus
Participant[quote=DWCAP] You knifecatchers buy the first ones that come on the market that are in need of alot of work and in crappy locations. Ill just wait for the houses that have to deal with your comps. I am not worried about it until I see a sustained and significant drop in NOT’s. Then I may get off my lazy ass and start looking again. [/quote]
Word! That’s my position as well.
nostradamus
ParticipantWell like SDR and mini-me (sdr) have been saying, I guess one needs patience; however, one thing I don’t have patience for is selling agent shenanigans. I know there must be good REAs out there, but some of them are so very very dumb. They brush off potential buyers with so much confidence that they don’t even take your number down for when things get desperate.
BTW There’s a letter posted on my neighbor’s door this morning. Being neighborly (nosy) I went and read it: it’s a “cash for keys” offer for $6000 to turn over the property–which they say was sold at a trustee sale– without damaging the place!!!
Does sold at a trustee sale mean it went back to the bank or is this when the bank sold it to someone else?
nostradamus
ParticipantWell like SDR and mini-me (sdr) have been saying, I guess one needs patience; however, one thing I don’t have patience for is selling agent shenanigans. I know there must be good REAs out there, but some of them are so very very dumb. They brush off potential buyers with so much confidence that they don’t even take your number down for when things get desperate.
BTW There’s a letter posted on my neighbor’s door this morning. Being neighborly (nosy) I went and read it: it’s a “cash for keys” offer for $6000 to turn over the property–which they say was sold at a trustee sale– without damaging the place!!!
Does sold at a trustee sale mean it went back to the bank or is this when the bank sold it to someone else?
nostradamus
ParticipantWell like SDR and mini-me (sdr) have been saying, I guess one needs patience; however, one thing I don’t have patience for is selling agent shenanigans. I know there must be good REAs out there, but some of them are so very very dumb. They brush off potential buyers with so much confidence that they don’t even take your number down for when things get desperate.
BTW There’s a letter posted on my neighbor’s door this morning. Being neighborly (nosy) I went and read it: it’s a “cash for keys” offer for $6000 to turn over the property–which they say was sold at a trustee sale– without damaging the place!!!
Does sold at a trustee sale mean it went back to the bank or is this when the bank sold it to someone else?
nostradamus
ParticipantWell like SDR and mini-me (sdr) have been saying, I guess one needs patience; however, one thing I don’t have patience for is selling agent shenanigans. I know there must be good REAs out there, but some of them are so very very dumb. They brush off potential buyers with so much confidence that they don’t even take your number down for when things get desperate.
BTW There’s a letter posted on my neighbor’s door this morning. Being neighborly (nosy) I went and read it: it’s a “cash for keys” offer for $6000 to turn over the property–which they say was sold at a trustee sale– without damaging the place!!!
Does sold at a trustee sale mean it went back to the bank or is this when the bank sold it to someone else?
nostradamus
ParticipantWell like SDR and mini-me (sdr) have been saying, I guess one needs patience; however, one thing I don’t have patience for is selling agent shenanigans. I know there must be good REAs out there, but some of them are so very very dumb. They brush off potential buyers with so much confidence that they don’t even take your number down for when things get desperate.
BTW There’s a letter posted on my neighbor’s door this morning. Being neighborly (nosy) I went and read it: it’s a “cash for keys” offer for $6000 to turn over the property–which they say was sold at a trustee sale– without damaging the place!!!
Does sold at a trustee sale mean it went back to the bank or is this when the bank sold it to someone else?
nostradamus
ParticipantWell I shorted AAPL at 178 and now they’re 171 but I’m backing out ‘cuz I see even piggies are running out to buy what I see as overpriced, trendy, dependency-creating products… This being typed on my powermac G5 with cinematic display…
Bought to cover my shorty UPS shares once I hit 20%.
Starbucks short position doing well, up 11%.
I love this market!
nostradamus
ParticipantWell I shorted AAPL at 178 and now they’re 171 but I’m backing out ‘cuz I see even piggies are running out to buy what I see as overpriced, trendy, dependency-creating products… This being typed on my powermac G5 with cinematic display…
Bought to cover my shorty UPS shares once I hit 20%.
Starbucks short position doing well, up 11%.
I love this market!
nostradamus
ParticipantWell I shorted AAPL at 178 and now they’re 171 but I’m backing out ‘cuz I see even piggies are running out to buy what I see as overpriced, trendy, dependency-creating products… This being typed on my powermac G5 with cinematic display…
Bought to cover my shorty UPS shares once I hit 20%.
Starbucks short position doing well, up 11%.
I love this market!
nostradamus
ParticipantWell I shorted AAPL at 178 and now they’re 171 but I’m backing out ‘cuz I see even piggies are running out to buy what I see as overpriced, trendy, dependency-creating products… This being typed on my powermac G5 with cinematic display…
Bought to cover my shorty UPS shares once I hit 20%.
Starbucks short position doing well, up 11%.
I love this market!
nostradamus
ParticipantWell I shorted AAPL at 178 and now they’re 171 but I’m backing out ‘cuz I see even piggies are running out to buy what I see as overpriced, trendy, dependency-creating products… This being typed on my powermac G5 with cinematic display…
Bought to cover my shorty UPS shares once I hit 20%.
Starbucks short position doing well, up 11%.
I love this market!
nostradamus
ParticipantLike jpinpb and ibjames I still browse homes but won’t buy until people really start to play ball. Sellers lingeringly stinking drunk on kool-aid and all. I wanted to make a low-ball offer on a rental condo but got the line from the sales agent that they have “tons of offers above the asking price”. Well, it’s a month later and the house is still listed. That was a kick back to reality, I’m going to sit it out and keep shorting the market.
nostradamus
ParticipantLike jpinpb and ibjames I still browse homes but won’t buy until people really start to play ball. Sellers lingeringly stinking drunk on kool-aid and all. I wanted to make a low-ball offer on a rental condo but got the line from the sales agent that they have “tons of offers above the asking price”. Well, it’s a month later and the house is still listed. That was a kick back to reality, I’m going to sit it out and keep shorting the market.
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