[ocrenter]

this one is classic,

“Well to me this is tragic…. Most consumers have an average score of 675, which where does it put them…alt a for now…

Some markets are impossible to do full doc… We work in a highly immigrant area, where you literally need to go stated or no doc or no ratio based on the way their employers pay them…

Oh well, in this case I am screwed…. Its not that I don’t have clients, I do, but without alt-a, I truly will not be able to close loans. It is 98 percent of my offices business”

based on the way their emplyers are paying them, they really have no business buying a house!

[ocrenter]

they bought the place for $977,000 in May of ’06. may just not be able to afford anymore.

walk away, walk away…

[ocrenter]

they bought the place for $977,000 in May of ’06. may just not be able to afford anymore.

walk away, walk away…

[ocrenter]

i like what Bugs said about the 100 monkeys.

not to pump my own site but check out these latest examples.

4521 55TH ST., San Diego, CA 92115
#19 purchased in 3/06 for $280,000 for a 600 sqft unit.
#20 purchased in 8/06 for $247,000 also for a 600 sqft unit.

now #19 is trying in earnest to sell for $149,000. (47% drop). let’s say it doesn’t sell, is #19 going to keep throwing away good money into this money pit? certainly this guy is more apt to listen to the likes of Cramer than one of the Piggingtonians, right?

So if #19 walks away, what’s to prevent #20 from doing the same?

Even if #19 sells and don’t have to walk, the new comp now makes #20 40% down from purchase. would you walk if your condo is 40% underwater?

problem is the whole building is like that. So if you got #19 and #20 walking, that’ll start the chain reaction Bugs is talking about.

[ocrenter]

i like what Bugs said about the 100 monkeys.

not to pump my own site but check out these latest examples.

4521 55TH ST., San Diego, CA 92115
#19 purchased in 3/06 for $280,000 for a 600 sqft unit.
#20 purchased in 8/06 for $247,000 also for a 600 sqft unit.

now #19 is trying in earnest to sell for $149,000. (47% drop). let’s say it doesn’t sell, is #19 going to keep throwing away good money into this money pit? certainly this guy is more apt to listen to the likes of Cramer than one of the Piggingtonians, right?

So if #19 walks away, what’s to prevent #20 from doing the same?

Even if #19 sells and don’t have to walk, the new comp now makes #20 40% down from purchase. would you walk if your condo is 40% underwater?

problem is the whole building is like that. So if you got #19 and #20 walking, that’ll start the chain reaction Bugs is talking about.

[ocrenter]

the 15 north starts backing up right around Scripps Poway Rd and Poway/Rancho Penasquito exits roughly around 3-4pm. RB is just north of these exits while Mira Mesa is south of these exits.

Think of this as the equivalent of the El Toro Y, big difference going south-bound between Irvine and say Laguna Hills/Mission Viejo.

[ocrenter]

the 15 north starts backing up right around Scripps Poway Rd and Poway/Rancho Penasquito exits roughly around 3-4pm. RB is just north of these exits while Mira Mesa is south of these exits.

Think of this as the equivalent of the El Toro Y, big difference going south-bound between Irvine and say Laguna Hills/Mission Viejo.

[ocrenter]

they try for the desert southwest look over in Santa Luz. So that explains the brownness.

anyhow, the place is teeming with flipper activities, mostly by REALTORS®.

here’s some of the stories I done so far on Santa Luz (I included Crosby stuff in it as well).

[ocrenter]

they try for the desert southwest look over in Santa Luz. So that explains the brownness.

anyhow, the place is teeming with flipper activities, mostly by REALTORS®.

here’s some of the stories I done so far on Santa Luz (I included Crosby stuff in it as well).

[ocrenter]

FormerOwner,

this is what I would do,

1. let current owner know you will be putting your rent into an escrow account from the NOD date until foreclosure. If the owner successfully avoid foreclosure and sell to another, he gets the money. otherwise the money goes back to you.

2. for the inconvience of having to keep the home show-ready, bargain for an immediate decrease in rent.

3. contact an attorney that specializes in renter’s rights. powayseller recommended this one before, http://www.tenantslegalcenter.com/, I used them with excellent result as well. they’re based in SD. If you are elsewhere maybe they’ll help give you referrances.

4. Soholaw is right, the lease do transfer if someone decides to purchase from your lender. that’s why escrow account may be better than stop payment on your rent, because the new owner would have to honor your prior lease, you want to still be in good standing.

[ocrenter]

FormerOwner,

this is what I would do,

1. let current owner know you will be putting your rent into an escrow account from the NOD date until foreclosure. If the owner successfully avoid foreclosure and sell to another, he gets the money. otherwise the money goes back to you.

2. for the inconvience of having to keep the home show-ready, bargain for an immediate decrease in rent.

3. contact an attorney that specializes in renter’s rights. powayseller recommended this one before, http://www.tenantslegalcenter.com/, I used them with excellent result as well. they’re based in SD. If you are elsewhere maybe they’ll help give you referrances.

4. Soholaw is right, the lease do transfer if someone decides to purchase from your lender. that’s why escrow account may be better than stop payment on your rent, because the new owner would have to honor your prior lease, you want to still be in good standing.

[ocrenter]

numb, what we have here is both of us jumping to conclusions.

I think both of us will agree that…

…seeing folks with a simple elevated chol on an expensive drug like Vytorin is wrong…

…doctors bending to patients coming in requesting the PURPLE pill instead of cheap-o-zantac is wrong…

…and drug reps getting tax deductions for fake boobs because they can make more docs write for the PURPLE pill is wrong…

I think it is extremely hard to empower the patients because they don’t understand that Valtrex and acyclovir are really the same thing. But they will request the Valtrex because there’s commercials for them and not acyclovir.

but a lot of docs try very hard to go against the type of waste I just described, at the expense of extra time educating each patient as each one of them need to be deprogrammed by the mass-advertisement effect of Big Pharma. so when you made blanket statements about the entire profession, you ruffled some feathers. that’s all.

[ocrenter]

numb, what we have here is both of us jumping to conclusions.

I think both of us will agree that…

…seeing folks with a simple elevated chol on an expensive drug like Vytorin is wrong…

…doctors bending to patients coming in requesting the PURPLE pill instead of cheap-o-zantac is wrong…

…and drug reps getting tax deductions for fake boobs because they can make more docs write for the PURPLE pill is wrong…

I think it is extremely hard to empower the patients because they don’t understand that Valtrex and acyclovir are really the same thing. But they will request the Valtrex because there’s commercials for them and not acyclovir.

but a lot of docs try very hard to go against the type of waste I just described, at the expense of extra time educating each patient as each one of them need to be deprogrammed by the mass-advertisement effect of Big Pharma. so when you made blanket statements about the entire profession, you ruffled some feathers. that’s all.

[ocrenter]

equalizer,

if you dont know the full extend of the situation don’t open your big trap.

I’m not rude nor crude about this. I simply told him he made a wide and general statement about the entire profession and that tend to be very counter productive. he doesn’t know what i do, so when he assumed I had no clue about health care he mispoke. and when you fired your first shot you mispoke.

this guy is not just old, but he is disillusioned, and he is disheartened. I’m sorry he feels this way but when he gets to that stage, he might as well retire. that is a fact. when you don’t enjoy delivering first class care to your patients because you are burdened and disheartened, then why are you still in the profession?

these old guys had all the benefits of Big Pharma for decades. have you thought about that before you start attacking me? how many private practice docs of the old days had free vacations, went to free Lakers games, countless free lunches for themselves and their staff, and now when things don’t go their ways, they come out swinging.

these old private docs complaints and complaints away, but have they thought about how health care got this way. It got this way on THEIR WATCH! So don’t tell me that ALL doctors don’t care. that ALL doctors put insurance companies, health plans, and their wallets before THEIR patients interest. That is HIM speaking, and if that’s true, then he SHOULD RETIRE.

let’s look at it this way, this guy had his 30 years of free vacations, 30 years of high rolling life style, and 30 years rubbing each others backs with big Pharma. Why not take his fortunes and retire and live the good life.

and let the real doctors take over.

[ocrenter]

equalizer,

if you dont know the full extend of the situation don’t open your big trap.

I’m not rude nor crude about this. I simply told him he made a wide and general statement about the entire profession and that tend to be very counter productive. he doesn’t know what i do, so when he assumed I had no clue about health care he mispoke. and when you fired your first shot you mispoke.

this guy is not just old, but he is disillusioned, and he is disheartened. I’m sorry he feels this way but when he gets to that stage, he might as well retire. that is a fact. when you don’t enjoy delivering first class care to your patients because you are burdened and disheartened, then why are you still in the profession?

these old guys had all the benefits of Big Pharma for decades. have you thought about that before you start attacking me? how many private practice docs of the old days had free vacations, went to free Lakers games, countless free lunches for themselves and their staff, and now when things don’t go their ways, they come out swinging.

these old private docs complaints and complaints away, but have they thought about how health care got this way. It got this way on THEIR WATCH! So don’t tell me that ALL doctors don’t care. that ALL doctors put insurance companies, health plans, and their wallets before THEIR patients interest. That is HIM speaking, and if that’s true, then he SHOULD RETIRE.

let’s look at it this way, this guy had his 30 years of free vacations, 30 years of high rolling life style, and 30 years rubbing each others backs with big Pharma. Why not take his fortunes and retire and live the good life.

and let the real doctors take over.

[Author]

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