[Rt.66]

Read up on the shadow inventory AND the mountain of REOs coming. If you get caught up in bidding wars this spring you are playing right into greedy banker’s hands.

How can we have bidding wars during the greatest RE meltdown since GD1? Here’s how:

Four San Diegan housing bulls walk into BofA to bid on BofA owned REOs.

Mr. Banker says: Thanks for coming, today we are bidding on 2 fine REOs, one on Main St. and one on 3rd St. We’ll start at $200k for the Main St. property and $160k for the one on 3rd.

SD Bull #1: But I see 250 REOs on your list for the neighborhood we are interested in.

SD Bull #2: Why can’t we just make you an offer on any one of the 250 we prefer?

MR Banker: It does not work that way. There are only 2 available for sale. So there is an extreme, dire shortage of these affordable houses.

SD Bull #3: Makes sense! Here’s my bid on the one on Main St. My realtor said I need to get ahead of the bidding if I expect to win one of these 50% off REOs so I’m gonna go with…. $220k

SD Bull #2: I bid $225k!

SD Bull #1: I want to bid but I am worried because I see 250 REOs on that list right now and I read somewhere that there is a tidal wave of even more foreclosures coming soon.

Mr. Banker: The average wage for people in this area has been re-adjusted upward by removing the lower income earners from the equation so affordability ratios are now at all time lows, first time buyers will now come from wealthy islands and not from apartments anymore, SD has wonderful weather, It’s different here, Its different this time. Mortgage rates are low. PF Changs is busy. You had better hurry and put an offer in on this house on Main St. because it seems everyone wants it!

SD Bull #1: Well Bernanke did say he saw some green shoots, and that house on 3rd St. is a mess so….I’ll go $230k on Main St!

[Rt.66]

Read up on the shadow inventory AND the mountain of REOs coming. If you get caught up in bidding wars this spring you are playing right into greedy banker’s hands.

How can we have bidding wars during the greatest RE meltdown since GD1? Here’s how:

Four San Diegan housing bulls walk into BofA to bid on BofA owned REOs.

Mr. Banker says: Thanks for coming, today we are bidding on 2 fine REOs, one on Main St. and one on 3rd St. We’ll start at $200k for the Main St. property and $160k for the one on 3rd.

SD Bull #1: But I see 250 REOs on your list for the neighborhood we are interested in.

SD Bull #2: Why can’t we just make you an offer on any one of the 250 we prefer?

MR Banker: It does not work that way. There are only 2 available for sale. So there is an extreme, dire shortage of these affordable houses.

SD Bull #3: Makes sense! Here’s my bid on the one on Main St. My realtor said I need to get ahead of the bidding if I expect to win one of these 50% off REOs so I’m gonna go with…. $220k

SD Bull #2: I bid $225k!

SD Bull #1: I want to bid but I am worried because I see 250 REOs on that list right now and I read somewhere that there is a tidal wave of even more foreclosures coming soon.

Mr. Banker: The average wage for people in this area has been re-adjusted upward by removing the lower income earners from the equation so affordability ratios are now at all time lows, first time buyers will now come from wealthy islands and not from apartments anymore, SD has wonderful weather, It’s different here, Its different this time. Mortgage rates are low. PF Changs is busy. You had better hurry and put an offer in on this house on Main St. because it seems everyone wants it!

SD Bull #1: Well Bernanke did say he saw some green shoots, and that house on 3rd St. is a mess so….I’ll go $230k on Main St!

[Rt.66]

Read up on the shadow inventory AND the mountain of REOs coming. If you get caught up in bidding wars this spring you are playing right into greedy banker’s hands.

How can we have bidding wars during the greatest RE meltdown since GD1? Here’s how:

Four San Diegan housing bulls walk into BofA to bid on BofA owned REOs.

Mr. Banker says: Thanks for coming, today we are bidding on 2 fine REOs, one on Main St. and one on 3rd St. We’ll start at $200k for the Main St. property and $160k for the one on 3rd.

SD Bull #1: But I see 250 REOs on your list for the neighborhood we are interested in.

SD Bull #2: Why can’t we just make you an offer on any one of the 250 we prefer?

MR Banker: It does not work that way. There are only 2 available for sale. So there is an extreme, dire shortage of these affordable houses.

SD Bull #3: Makes sense! Here’s my bid on the one on Main St. My realtor said I need to get ahead of the bidding if I expect to win one of these 50% off REOs so I’m gonna go with…. $220k

SD Bull #2: I bid $225k!

SD Bull #1: I want to bid but I am worried because I see 250 REOs on that list right now and I read somewhere that there is a tidal wave of even more foreclosures coming soon.

Mr. Banker: The average wage for people in this area has been re-adjusted upward by removing the lower income earners from the equation so affordability ratios are now at all time lows, first time buyers will now come from wealthy islands and not from apartments anymore, SD has wonderful weather, It’s different here, Its different this time. Mortgage rates are low. PF Changs is busy. You had better hurry and put an offer in on this house on Main St. because it seems everyone wants it!

SD Bull #1: Well Bernanke did say he saw some green shoots, and that house on 3rd St. is a mess so….I’ll go $230k on Main St!

[Rt.66]

Read up on the shadow inventory AND the mountain of REOs coming. If you get caught up in bidding wars this spring you are playing right into greedy banker’s hands.

How can we have bidding wars during the greatest RE meltdown since GD1? Here’s how:

Four San Diegan housing bulls walk into BofA to bid on BofA owned REOs.

Mr. Banker says: Thanks for coming, today we are bidding on 2 fine REOs, one on Main St. and one on 3rd St. We’ll start at $200k for the Main St. property and $160k for the one on 3rd.

SD Bull #1: But I see 250 REOs on your list for the neighborhood we are interested in.

SD Bull #2: Why can’t we just make you an offer on any one of the 250 we prefer?

MR Banker: It does not work that way. There are only 2 available for sale. So there is an extreme, dire shortage of these affordable houses.

SD Bull #3: Makes sense! Here’s my bid on the one on Main St. My realtor said I need to get ahead of the bidding if I expect to win one of these 50% off REOs so I’m gonna go with…. $220k

SD Bull #2: I bid $225k!

SD Bull #1: I want to bid but I am worried because I see 250 REOs on that list right now and I read somewhere that there is a tidal wave of even more foreclosures coming soon.

Mr. Banker: The average wage for people in this area has been re-adjusted upward by removing the lower income earners from the equation so affordability ratios are now at all time lows, first time buyers will now come from wealthy islands and not from apartments anymore, SD has wonderful weather, It’s different here, Its different this time. Mortgage rates are low. PF Changs is busy. You had better hurry and put an offer in on this house on Main St. because it seems everyone wants it!

SD Bull #1: Well Bernanke did say he saw some green shoots, and that house on 3rd St. is a mess so….I’ll go $230k on Main St!

[Rt.66]

Read up on the shadow inventory AND the mountain of REOs coming. If you get caught up in bidding wars this spring you are playing right into greedy banker’s hands.

How can we have bidding wars during the greatest RE meltdown since GD1? Here’s how:

Four San Diegan housing bulls walk into BofA to bid on BofA owned REOs.

Mr. Banker says: Thanks for coming, today we are bidding on 2 fine REOs, one on Main St. and one on 3rd St. We’ll start at $200k for the Main St. property and $160k for the one on 3rd.

SD Bull #1: But I see 250 REOs on your list for the neighborhood we are interested in.

SD Bull #2: Why can’t we just make you an offer on any one of the 250 we prefer?

MR Banker: It does not work that way. There are only 2 available for sale. So there is an extreme, dire shortage of these affordable houses.

SD Bull #3: Makes sense! Here’s my bid on the one on Main St. My realtor said I need to get ahead of the bidding if I expect to win one of these 50% off REOs so I’m gonna go with…. $220k

SD Bull #2: I bid $225k!

SD Bull #1: I want to bid but I am worried because I see 250 REOs on that list right now and I read somewhere that there is a tidal wave of even more foreclosures coming soon.

Mr. Banker: The average wage for people in this area has been re-adjusted upward by removing the lower income earners from the equation so affordability ratios are now at all time lows, first time buyers will now come from wealthy islands and not from apartments anymore, SD has wonderful weather, It’s different here, Its different this time. Mortgage rates are low. PF Changs is busy. You had better hurry and put an offer in on this house on Main St. because it seems everyone wants it!

SD Bull #1: Well Bernanke did say he saw some green shoots, and that house on 3rd St. is a mess so….I’ll go $230k on Main St!

[Rt.66]

Yes, forclosure activity is going parabolic in that area.

There is no denying it. Check any forclosure search engine and you’ll be shocked.

I noticed the TVMOD squad (Temecula Valley Ministry Of Dis-information) tried to discount this thread faster than keys hitting the mail after a ARM reset.

Here’s something for you TV cheerleaders. Post a RealtyTrac search of your neighborhood. It will show a sh@t load of new foreclosure activity.

Check out this article. It will explain and even show pictures to help you understand why its horrific now and going to get much worse:

http://www.huffingtonpost.com/dave-johnson/todays-housing-bubble-pos_b_195217.html?ref=patrick.net

Now before you TVMOD folks jump in a tell us how that article is inaccurate and your street is sold out, PF Changs is rocking, the vibe is positively Hieght Ashbury, yada yada; post a foreclosure search of your neighborhood just so we can see the real picture. You don’t have to use RealtTrac, use any foreclosure search program you like.

[Rt.66]

Yes, forclosure activity is going parabolic in that area.

There is no denying it. Check any forclosure search engine and you’ll be shocked.

I noticed the TVMOD squad (Temecula Valley Ministry Of Dis-information) tried to discount this thread faster than keys hitting the mail after a ARM reset.

Here’s something for you TV cheerleaders. Post a RealtyTrac search of your neighborhood. It will show a sh@t load of new foreclosure activity.

Check out this article. It will explain and even show pictures to help you understand why its horrific now and going to get much worse:

http://www.huffingtonpost.com/dave-johnson/todays-housing-bubble-pos_b_195217.html?ref=patrick.net

Now before you TVMOD folks jump in a tell us how that article is inaccurate and your street is sold out, PF Changs is rocking, the vibe is positively Hieght Ashbury, yada yada; post a foreclosure search of your neighborhood just so we can see the real picture. You don’t have to use RealtTrac, use any foreclosure search program you like.

[Rt.66]

Yes, forclosure activity is going parabolic in that area.

There is no denying it. Check any forclosure search engine and you’ll be shocked.

I noticed the TVMOD squad (Temecula Valley Ministry Of Dis-information) tried to discount this thread faster than keys hitting the mail after a ARM reset.

Here’s something for you TV cheerleaders. Post a RealtyTrac search of your neighborhood. It will show a sh@t load of new foreclosure activity.

Check out this article. It will explain and even show pictures to help you understand why its horrific now and going to get much worse:

http://www.huffingtonpost.com/dave-johnson/todays-housing-bubble-pos_b_195217.html?ref=patrick.net

Now before you TVMOD folks jump in a tell us how that article is inaccurate and your street is sold out, PF Changs is rocking, the vibe is positively Hieght Ashbury, yada yada; post a foreclosure search of your neighborhood just so we can see the real picture. You don’t have to use RealtTrac, use any foreclosure search program you like.

[Rt.66]

Yes, forclosure activity is going parabolic in that area.

There is no denying it. Check any forclosure search engine and you’ll be shocked.

I noticed the TVMOD squad (Temecula Valley Ministry Of Dis-information) tried to discount this thread faster than keys hitting the mail after a ARM reset.

Here’s something for you TV cheerleaders. Post a RealtyTrac search of your neighborhood. It will show a sh@t load of new foreclosure activity.

Check out this article. It will explain and even show pictures to help you understand why its horrific now and going to get much worse:

http://www.huffingtonpost.com/dave-johnson/todays-housing-bubble-pos_b_195217.html?ref=patrick.net

Now before you TVMOD folks jump in a tell us how that article is inaccurate and your street is sold out, PF Changs is rocking, the vibe is positively Hieght Ashbury, yada yada; post a foreclosure search of your neighborhood just so we can see the real picture. You don’t have to use RealtTrac, use any foreclosure search program you like.

[Rt.66]

Yes, forclosure activity is going parabolic in that area.

There is no denying it. Check any forclosure search engine and you’ll be shocked.

I noticed the TVMOD squad (Temecula Valley Ministry Of Dis-information) tried to discount this thread faster than keys hitting the mail after a ARM reset.

Here’s something for you TV cheerleaders. Post a RealtyTrac search of your neighborhood. It will show a sh@t load of new foreclosure activity.

Check out this article. It will explain and even show pictures to help you understand why its horrific now and going to get much worse:

http://www.huffingtonpost.com/dave-johnson/todays-housing-bubble-pos_b_195217.html?ref=patrick.net

Now before you TVMOD folks jump in a tell us how that article is inaccurate and your street is sold out, PF Changs is rocking, the vibe is positively Hieght Ashbury, yada yada; post a foreclosure search of your neighborhood just so we can see the real picture. You don’t have to use RealtTrac, use any foreclosure search program you like.

[Rt.66]

[quote=paramount]Last night I went to Lucille’s at the Promenade (part of the new addition).

In all objectivity, Temecula has a good vibe going on right now considering the overall economy.

I am glad to live in Temecula.[/quote]

I saw a children laughing and playing today.

Dude, you are the preverbial frog in a sauce pan. The water is heating up but you are in denial. You should just relax. The Temecula Valley Ministry of DISinformation jumps on every post that leans negative towards the area like white on rice.

You guys jump in with your transparent lines like “no, no, no, there’s no bulldozing here, that’s 3 miles down the road. Pf Changs, The Mall, Nothing to see here now move along”

Its not your fault and there is nothing you can do to stop what’s happening. Pick an underwater number that you are gonna go jingle mail at and then chill. Enjoy the hot tub until it gets too hot to stand.

[Rt.66]

[quote=paramount]Last night I went to Lucille’s at the Promenade (part of the new addition).

In all objectivity, Temecula has a good vibe going on right now considering the overall economy.

I am glad to live in Temecula.[/quote]

I saw a children laughing and playing today.

Dude, you are the preverbial frog in a sauce pan. The water is heating up but you are in denial. You should just relax. The Temecula Valley Ministry of DISinformation jumps on every post that leans negative towards the area like white on rice.

You guys jump in with your transparent lines like “no, no, no, there’s no bulldozing here, that’s 3 miles down the road. Pf Changs, The Mall, Nothing to see here now move along”

Its not your fault and there is nothing you can do to stop what’s happening. Pick an underwater number that you are gonna go jingle mail at and then chill. Enjoy the hot tub until it gets too hot to stand.

[Rt.66]

[quote=paramount]Last night I went to Lucille’s at the Promenade (part of the new addition).

In all objectivity, Temecula has a good vibe going on right now considering the overall economy.

I am glad to live in Temecula.[/quote]

I saw a children laughing and playing today.

Dude, you are the preverbial frog in a sauce pan. The water is heating up but you are in denial. You should just relax. The Temecula Valley Ministry of DISinformation jumps on every post that leans negative towards the area like white on rice.

You guys jump in with your transparent lines like “no, no, no, there’s no bulldozing here, that’s 3 miles down the road. Pf Changs, The Mall, Nothing to see here now move along”

Its not your fault and there is nothing you can do to stop what’s happening. Pick an underwater number that you are gonna go jingle mail at and then chill. Enjoy the hot tub until it gets too hot to stand.

[Rt.66]

[quote=paramount]Last night I went to Lucille’s at the Promenade (part of the new addition).

In all objectivity, Temecula has a good vibe going on right now considering the overall economy.

I am glad to live in Temecula.[/quote]

I saw a children laughing and playing today.

Dude, you are the preverbial frog in a sauce pan. The water is heating up but you are in denial. You should just relax. The Temecula Valley Ministry of DISinformation jumps on every post that leans negative towards the area like white on rice.

You guys jump in with your transparent lines like “no, no, no, there’s no bulldozing here, that’s 3 miles down the road. Pf Changs, The Mall, Nothing to see here now move along”

Its not your fault and there is nothing you can do to stop what’s happening. Pick an underwater number that you are gonna go jingle mail at and then chill. Enjoy the hot tub until it gets too hot to stand.

[Rt.66]

[quote=paramount]Last night I went to Lucille’s at the Promenade (part of the new addition).

In all objectivity, Temecula has a good vibe going on right now considering the overall economy.

I am glad to live in Temecula.[/quote]

I saw a children laughing and playing today.

Dude, you are the preverbial frog in a sauce pan. The water is heating up but you are in denial. You should just relax. The Temecula Valley Ministry of DISinformation jumps on every post that leans negative towards the area like white on rice.

You guys jump in with your transparent lines like “no, no, no, there’s no bulldozing here, that’s 3 miles down the road. Pf Changs, The Mall, Nothing to see here now move along”

Its not your fault and there is nothing you can do to stop what’s happening. Pick an underwater number that you are gonna go jingle mail at and then chill. Enjoy the hot tub until it gets too hot to stand.

[Author]

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