Forum Replies Created
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AuthorPosts
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nostradamus
ParticipantThere are so many people in your situation that foreclosure will become a standard on credit reports and not looked down upon. In fact, there will probably be a whole new market opening up with recourse-based loans and credit packaged for people with a foreclosure on their credit history.
Once you have digested the fact that the housing market is not likely to turn around anytime soon, there is no reason not to walk. Unless you feel sorry for the poor wittle banky wanky.
November 30, 2007 at 2:31 PM in reply to: Someone please explain this rate lock thing to me!!! #105745nostradamus
ParticipantI don’t think the sale inventory will drop all that much. There are millions of homes sitting vacant nationwide and millions that are second homes owned by speculators. They will not be bailed out (if they are I’m going to become a tax renegade).
There are already millions of vacant, foreclosed homes that the banks are holding on to as well. The bailout won’t help those either!
All the bailout proposals I’ve heard involve primary-owner-occupiers. No? I would hope that due diligence is paid to make sure that if a bailout happens (I hope it doesn’t), it only helps owner-occupiers and not speculators/banks/investors.
November 30, 2007 at 2:31 PM in reply to: Someone please explain this rate lock thing to me!!! #105834nostradamus
ParticipantI don’t think the sale inventory will drop all that much. There are millions of homes sitting vacant nationwide and millions that are second homes owned by speculators. They will not be bailed out (if they are I’m going to become a tax renegade).
There are already millions of vacant, foreclosed homes that the banks are holding on to as well. The bailout won’t help those either!
All the bailout proposals I’ve heard involve primary-owner-occupiers. No? I would hope that due diligence is paid to make sure that if a bailout happens (I hope it doesn’t), it only helps owner-occupiers and not speculators/banks/investors.
November 30, 2007 at 2:31 PM in reply to: Someone please explain this rate lock thing to me!!! #105870nostradamus
ParticipantI don’t think the sale inventory will drop all that much. There are millions of homes sitting vacant nationwide and millions that are second homes owned by speculators. They will not be bailed out (if they are I’m going to become a tax renegade).
There are already millions of vacant, foreclosed homes that the banks are holding on to as well. The bailout won’t help those either!
All the bailout proposals I’ve heard involve primary-owner-occupiers. No? I would hope that due diligence is paid to make sure that if a bailout happens (I hope it doesn’t), it only helps owner-occupiers and not speculators/banks/investors.
November 30, 2007 at 2:31 PM in reply to: Someone please explain this rate lock thing to me!!! #105877nostradamus
ParticipantI don’t think the sale inventory will drop all that much. There are millions of homes sitting vacant nationwide and millions that are second homes owned by speculators. They will not be bailed out (if they are I’m going to become a tax renegade).
There are already millions of vacant, foreclosed homes that the banks are holding on to as well. The bailout won’t help those either!
All the bailout proposals I’ve heard involve primary-owner-occupiers. No? I would hope that due diligence is paid to make sure that if a bailout happens (I hope it doesn’t), it only helps owner-occupiers and not speculators/banks/investors.
November 30, 2007 at 2:31 PM in reply to: Someone please explain this rate lock thing to me!!! #105895nostradamus
ParticipantI don’t think the sale inventory will drop all that much. There are millions of homes sitting vacant nationwide and millions that are second homes owned by speculators. They will not be bailed out (if they are I’m going to become a tax renegade).
There are already millions of vacant, foreclosed homes that the banks are holding on to as well. The bailout won’t help those either!
All the bailout proposals I’ve heard involve primary-owner-occupiers. No? I would hope that due diligence is paid to make sure that if a bailout happens (I hope it doesn’t), it only helps owner-occupiers and not speculators/banks/investors.
nostradamus
ParticipantTouché FSD! LOL. Seriously, WTF? It would behoove one to STFU. This is not directed at anyone in particular.
nostradamus
ParticipantTouché FSD! LOL. Seriously, WTF? It would behoove one to STFU. This is not directed at anyone in particular.
nostradamus
ParticipantTouché FSD! LOL. Seriously, WTF? It would behoove one to STFU. This is not directed at anyone in particular.
nostradamus
ParticipantTouché FSD! LOL. Seriously, WTF? It would behoove one to STFU. This is not directed at anyone in particular.
nostradamus
ParticipantTouché FSD! LOL. Seriously, WTF? It would behoove one to STFU. This is not directed at anyone in particular.
nostradamus
Participant“very private from street”
translation: there’s a big bush in the front yard which blocks the windows. example“must see”
translation: the photos look like crap just like the house, but if you swing by I’ll tag you in my database example“best buy in the neighborhood”
translation: crappiest house in the neighborhood example“rare opportunity”
translation: rarely would we have the opportunity to find someone willing to live in or buy this shitbox examplenostradamus
Participant“very private from street”
translation: there’s a big bush in the front yard which blocks the windows. example“must see”
translation: the photos look like crap just like the house, but if you swing by I’ll tag you in my database example“best buy in the neighborhood”
translation: crappiest house in the neighborhood example“rare opportunity”
translation: rarely would we have the opportunity to find someone willing to live in or buy this shitbox examplenostradamus
Participant“very private from street”
translation: there’s a big bush in the front yard which blocks the windows. example“must see”
translation: the photos look like crap just like the house, but if you swing by I’ll tag you in my database example“best buy in the neighborhood”
translation: crappiest house in the neighborhood example“rare opportunity”
translation: rarely would we have the opportunity to find someone willing to live in or buy this shitbox example -
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