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peterb
Participant23109, listen to your wife. You’ll be getting a win-win from it. Bail on the upside down mistake, get the place she wants. Not often life gives us such attractive options.
peterb
Participant23109, listen to your wife. You’ll be getting a win-win from it. Bail on the upside down mistake, get the place she wants. Not often life gives us such attractive options.
peterb
Participant23109, listen to your wife. You’ll be getting a win-win from it. Bail on the upside down mistake, get the place she wants. Not often life gives us such attractive options.
peterb
ParticipantWell, here we are on OPEX day and it’s a total brawl in the market. Tight range, lots o volume. Still, it’s up over 10% from the absolute mid day low it hit the other day. I’m still hoping for a rally to 10,200 or 1060 on the S&P.
OPEC always cheats. Russia is huring like crazy for cash. Chavez needs to keep volume up as well. Oil in the $70’s could last a while. Especially since the US$ is gaining power.
peterb
ParticipantWell, here we are on OPEX day and it’s a total brawl in the market. Tight range, lots o volume. Still, it’s up over 10% from the absolute mid day low it hit the other day. I’m still hoping for a rally to 10,200 or 1060 on the S&P.
OPEC always cheats. Russia is huring like crazy for cash. Chavez needs to keep volume up as well. Oil in the $70’s could last a while. Especially since the US$ is gaining power.
peterb
ParticipantWell, here we are on OPEX day and it’s a total brawl in the market. Tight range, lots o volume. Still, it’s up over 10% from the absolute mid day low it hit the other day. I’m still hoping for a rally to 10,200 or 1060 on the S&P.
OPEC always cheats. Russia is huring like crazy for cash. Chavez needs to keep volume up as well. Oil in the $70’s could last a while. Especially since the US$ is gaining power.
peterb
ParticipantWell, here we are on OPEX day and it’s a total brawl in the market. Tight range, lots o volume. Still, it’s up over 10% from the absolute mid day low it hit the other day. I’m still hoping for a rally to 10,200 or 1060 on the S&P.
OPEC always cheats. Russia is huring like crazy for cash. Chavez needs to keep volume up as well. Oil in the $70’s could last a while. Especially since the US$ is gaining power.
peterb
ParticipantWell, here we are on OPEX day and it’s a total brawl in the market. Tight range, lots o volume. Still, it’s up over 10% from the absolute mid day low it hit the other day. I’m still hoping for a rally to 10,200 or 1060 on the S&P.
OPEC always cheats. Russia is huring like crazy for cash. Chavez needs to keep volume up as well. Oil in the $70’s could last a while. Especially since the US$ is gaining power.
peterb
ParticipantI think it takes 5 years of not paying property tax before the govt can take the property. So it’s a logical place to start not paying if you’re broke. Which may be a good indicator the owner is in distress and stiffing the lender as well.
Short sales seem to be too damaging to the seller and the lender would have to recognize the loss.(Which they do NOT want to do right now.) So best to let these die a natural and ugly death.
The flippers like Bruce Norris claim they’re getting the lender to sell them at 40% of the loan or less at a no-reserve auction. But remember, these guys are total pro’s. Notice that they dont want to keep the properties either. Even at positive cash flow as a rental. What does that tell you?peterb
ParticipantI think it takes 5 years of not paying property tax before the govt can take the property. So it’s a logical place to start not paying if you’re broke. Which may be a good indicator the owner is in distress and stiffing the lender as well.
Short sales seem to be too damaging to the seller and the lender would have to recognize the loss.(Which they do NOT want to do right now.) So best to let these die a natural and ugly death.
The flippers like Bruce Norris claim they’re getting the lender to sell them at 40% of the loan or less at a no-reserve auction. But remember, these guys are total pro’s. Notice that they dont want to keep the properties either. Even at positive cash flow as a rental. What does that tell you?peterb
ParticipantI think it takes 5 years of not paying property tax before the govt can take the property. So it’s a logical place to start not paying if you’re broke. Which may be a good indicator the owner is in distress and stiffing the lender as well.
Short sales seem to be too damaging to the seller and the lender would have to recognize the loss.(Which they do NOT want to do right now.) So best to let these die a natural and ugly death.
The flippers like Bruce Norris claim they’re getting the lender to sell them at 40% of the loan or less at a no-reserve auction. But remember, these guys are total pro’s. Notice that they dont want to keep the properties either. Even at positive cash flow as a rental. What does that tell you?peterb
ParticipantI think it takes 5 years of not paying property tax before the govt can take the property. So it’s a logical place to start not paying if you’re broke. Which may be a good indicator the owner is in distress and stiffing the lender as well.
Short sales seem to be too damaging to the seller and the lender would have to recognize the loss.(Which they do NOT want to do right now.) So best to let these die a natural and ugly death.
The flippers like Bruce Norris claim they’re getting the lender to sell them at 40% of the loan or less at a no-reserve auction. But remember, these guys are total pro’s. Notice that they dont want to keep the properties either. Even at positive cash flow as a rental. What does that tell you?peterb
ParticipantI think it takes 5 years of not paying property tax before the govt can take the property. So it’s a logical place to start not paying if you’re broke. Which may be a good indicator the owner is in distress and stiffing the lender as well.
Short sales seem to be too damaging to the seller and the lender would have to recognize the loss.(Which they do NOT want to do right now.) So best to let these die a natural and ugly death.
The flippers like Bruce Norris claim they’re getting the lender to sell them at 40% of the loan or less at a no-reserve auction. But remember, these guys are total pro’s. Notice that they dont want to keep the properties either. Even at positive cash flow as a rental. What does that tell you?peterb
ParticipantI hope todays rally has some legs to it. This way I can buy back into my puts with some real meat behind them. But it will probably be a weak-ass rally and fade fast. Such is the stuff that dreams are made of……
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