Forum Replies Created
-
AuthorPosts
-
SD Realtor
Participantinfoseeker one small cost may also be how you own the home. Some people put homes in living trusts. This is not a home ownership cost per say, but if you dont have a living trust you may want to create one and after you buy the home move it into it. Not really on topic but some food for thought.
SD Realtor
Participantinfoseeker one small cost may also be how you own the home. Some people put homes in living trusts. This is not a home ownership cost per say, but if you dont have a living trust you may want to create one and after you buy the home move it into it. Not really on topic but some food for thought.
SD Realtor
Participantinfoseeker one small cost may also be how you own the home. Some people put homes in living trusts. This is not a home ownership cost per say, but if you dont have a living trust you may want to create one and after you buy the home move it into it. Not really on topic but some food for thought.
SD Realtor
Participant“The idea here is very simple: If you buy a home this year, you should be able to get your tax credit this year. That’s when you need it most. That’s how we’ll help people start spending again. ****That’s how we’ll help raise home values***, stabilize our housing market, create new jobs again. That’s our plan. That’s what we’re going to do right here in California.”
I even put *** around the part that talks about raising home values… but maybe that is not the same thing as keeping home prices high…
Silly me.
Here is the link to the quote made this March.
http://latimesblogs.latimes.com/washington/2009/03/obama-text-la.html
Oh yeah this if from our president. So if people don’t think guys like Frank, Dodd, Schumer and the rest of the clowns dont wanna raise prices then I guess we will agree to disagree once again.
SD Realtor
Participant“The idea here is very simple: If you buy a home this year, you should be able to get your tax credit this year. That’s when you need it most. That’s how we’ll help people start spending again. ****That’s how we’ll help raise home values***, stabilize our housing market, create new jobs again. That’s our plan. That’s what we’re going to do right here in California.”
I even put *** around the part that talks about raising home values… but maybe that is not the same thing as keeping home prices high…
Silly me.
Here is the link to the quote made this March.
http://latimesblogs.latimes.com/washington/2009/03/obama-text-la.html
Oh yeah this if from our president. So if people don’t think guys like Frank, Dodd, Schumer and the rest of the clowns dont wanna raise prices then I guess we will agree to disagree once again.
SD Realtor
Participant“The idea here is very simple: If you buy a home this year, you should be able to get your tax credit this year. That’s when you need it most. That’s how we’ll help people start spending again. ****That’s how we’ll help raise home values***, stabilize our housing market, create new jobs again. That’s our plan. That’s what we’re going to do right here in California.”
I even put *** around the part that talks about raising home values… but maybe that is not the same thing as keeping home prices high…
Silly me.
Here is the link to the quote made this March.
http://latimesblogs.latimes.com/washington/2009/03/obama-text-la.html
Oh yeah this if from our president. So if people don’t think guys like Frank, Dodd, Schumer and the rest of the clowns dont wanna raise prices then I guess we will agree to disagree once again.
SD Realtor
Participant“The idea here is very simple: If you buy a home this year, you should be able to get your tax credit this year. That’s when you need it most. That’s how we’ll help people start spending again. ****That’s how we’ll help raise home values***, stabilize our housing market, create new jobs again. That’s our plan. That’s what we’re going to do right here in California.”
I even put *** around the part that talks about raising home values… but maybe that is not the same thing as keeping home prices high…
Silly me.
Here is the link to the quote made this March.
http://latimesblogs.latimes.com/washington/2009/03/obama-text-la.html
Oh yeah this if from our president. So if people don’t think guys like Frank, Dodd, Schumer and the rest of the clowns dont wanna raise prices then I guess we will agree to disagree once again.
SD Realtor
Participant“The idea here is very simple: If you buy a home this year, you should be able to get your tax credit this year. That’s when you need it most. That’s how we’ll help people start spending again. ****That’s how we’ll help raise home values***, stabilize our housing market, create new jobs again. That’s our plan. That’s what we’re going to do right here in California.”
I even put *** around the part that talks about raising home values… but maybe that is not the same thing as keeping home prices high…
Silly me.
Here is the link to the quote made this March.
http://latimesblogs.latimes.com/washington/2009/03/obama-text-la.html
Oh yeah this if from our president. So if people don’t think guys like Frank, Dodd, Schumer and the rest of the clowns dont wanna raise prices then I guess we will agree to disagree once again.
August 28, 2009 at 10:11 PM in reply to: Who got the better deal in this decline;l you or big money #450352SD Realtor
ParticipantYep I agree 100%. Gotta view this as an opportunity to make some money and build the pile up bigger because if (when) interest rate shock does come, cash will be king king king… You are right PR.
August 28, 2009 at 10:11 PM in reply to: Who got the better deal in this decline;l you or big money #450543SD Realtor
ParticipantYep I agree 100%. Gotta view this as an opportunity to make some money and build the pile up bigger because if (when) interest rate shock does come, cash will be king king king… You are right PR.
August 28, 2009 at 10:11 PM in reply to: Who got the better deal in this decline;l you or big money #450879SD Realtor
ParticipantYep I agree 100%. Gotta view this as an opportunity to make some money and build the pile up bigger because if (when) interest rate shock does come, cash will be king king king… You are right PR.
August 28, 2009 at 10:11 PM in reply to: Who got the better deal in this decline;l you or big money #450953SD Realtor
ParticipantYep I agree 100%. Gotta view this as an opportunity to make some money and build the pile up bigger because if (when) interest rate shock does come, cash will be king king king… You are right PR.
August 28, 2009 at 10:11 PM in reply to: Who got the better deal in this decline;l you or big money #451142SD Realtor
ParticipantYep I agree 100%. Gotta view this as an opportunity to make some money and build the pile up bigger because if (when) interest rate shock does come, cash will be king king king… You are right PR.
August 28, 2009 at 9:48 PM in reply to: Who got the better deal in this decline;l you or big money #450342SD Realtor
ParticipantGreat points pr and Allan…
I guess what I was really trying to also illustrate is the potential for the tsunami to get swallowed up by the PPIP, or at least reduced. Lets say some player wants a 100B in assets. So he buys them at say 40%… Okay so 40B right? However if you follow the example in the PPIP he pays 20B of which he can get the Fed to finance some of that right? So at the end of the day the guy puts in what… 10B AT THE MOST right?
So why should he HAVE to put those properties on the market? Geez he could rent them out and make money couldn’t he? He probably does pretty darn well income wise… So then he holds them awhile and when the market turns he KILLS!
Anyways yes it is all really distressing… I learned a hell of alot from this cycle and am still learning every day. However what I learned was what I feared most, was that yes the little guy will get some crumbs, AND darn if you have to be ready to grab those crumbs when they come, but the big guys will always do better. Yes a few lambs were sacrificed but now I have to wait for some interest rate shock to happen before pricing is gonna come down to where I want it…
That bums me out and I hope I am wrong.
-
AuthorPosts
