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PadreBrian
ParticipantThat’s not quite true either. True that banks don’t have the houses, but it’s not true that they aren’t in the foreclosure process. There’s no moratorium, so banks are processing and foreclosing. The pre-foreclosures we see are just dumb dumb bank robbing interest only loan bandits milking the banks for a new 30 year fixed 4% interest loan. Most are getting them.
ParticipantThat’s not quite true either. True that banks don’t have the houses, but it’s not true that they aren’t in the foreclosure process. There’s no moratorium, so banks are processing and foreclosing. The pre-foreclosures we see are just dumb dumb bank robbing interest only loan bandits milking the banks for a new 30 year fixed 4% interest loan. Most are getting them.
ParticipantThat’s not quite true either. True that banks don’t have the houses, but it’s not true that they aren’t in the foreclosure process. There’s no moratorium, so banks are processing and foreclosing. The pre-foreclosures we see are just dumb dumb bank robbing interest only loan bandits milking the banks for a new 30 year fixed 4% interest loan. Most are getting them.
ParticipantThat’s not quite true either. True that banks don’t have the houses, but it’s not true that they aren’t in the foreclosure process. There’s no moratorium, so banks are processing and foreclosing. The pre-foreclosures we see are just dumb dumb bank robbing interest only loan bandits milking the banks for a new 30 year fixed 4% interest loan. Most are getting them.
Participant[quote=Eugene][quote=CONCHO]This is a very nice 60K-80K house in many parts of the country, that would rent for $500-$600 a month.
I think the rent here for that place would be more than $1000/mo. They still overpaid in this case, people probably always will in certain neighborhoods.[/quote]
You don’t even have to go to a different part of the country.
Just a few miles away, south of 94, houses this exact size and age go for 75k-100k.
Location, location, location.[/quote]
Yup
Participant[quote=Eugene][quote=CONCHO]This is a very nice 60K-80K house in many parts of the country, that would rent for $500-$600 a month.
I think the rent here for that place would be more than $1000/mo. They still overpaid in this case, people probably always will in certain neighborhoods.[/quote]
You don’t even have to go to a different part of the country.
Just a few miles away, south of 94, houses this exact size and age go for 75k-100k.
Location, location, location.[/quote]
Yup
Participant[quote=Eugene][quote=CONCHO]This is a very nice 60K-80K house in many parts of the country, that would rent for $500-$600 a month.
I think the rent here for that place would be more than $1000/mo. They still overpaid in this case, people probably always will in certain neighborhoods.[/quote]
You don’t even have to go to a different part of the country.
Just a few miles away, south of 94, houses this exact size and age go for 75k-100k.
Location, location, location.[/quote]
Yup
Participant[quote=Eugene][quote=CONCHO]This is a very nice 60K-80K house in many parts of the country, that would rent for $500-$600 a month.
I think the rent here for that place would be more than $1000/mo. They still overpaid in this case, people probably always will in certain neighborhoods.[/quote]
You don’t even have to go to a different part of the country.
Just a few miles away, south of 94, houses this exact size and age go for 75k-100k.
Location, location, location.[/quote]
Yup
Participant[quote=Eugene][quote=CONCHO]This is a very nice 60K-80K house in many parts of the country, that would rent for $500-$600 a month.
I think the rent here for that place would be more than $1000/mo. They still overpaid in this case, people probably always will in certain neighborhoods.[/quote]
You don’t even have to go to a different part of the country.
Just a few miles away, south of 94, houses this exact size and age go for 75k-100k.
Location, location, location.[/quote]
Yup
August 19, 2009 at 4:39 PM in reply to: Do you recommend to buy condo in 5030 A street for investment purpose? #446783Participanteeeps. I would say no. There’s better deals to be had.
August 19, 2009 at 4:39 PM in reply to: Do you recommend to buy condo in 5030 A street for investment purpose? #446975Participanteeeps. I would say no. There’s better deals to be had.
August 19, 2009 at 4:39 PM in reply to: Do you recommend to buy condo in 5030 A street for investment purpose? #447314Participanteeeps. I would say no. There’s better deals to be had.
August 19, 2009 at 4:39 PM in reply to: Do you recommend to buy condo in 5030 A street for investment purpose? #447386Participanteeeps. I would say no. There’s better deals to be had.
August 19, 2009 at 4:39 PM in reply to: Do you recommend to buy condo in 5030 A street for investment purpose? #447567Participanteeeps. I would say no. There’s better deals to be had.
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