[sdcellar]

and yeah, on the “7 years”, why do people always bring up that kind of thing? If we all had time machines, it would be very handy, but let’s talk about the here and now.

It’s not even like they’re trying to learn from history, just somehow trying to say a good idea at one point in time might not just be a really bad idea at another.

The only other explanation is trying to shoehorn people, but that’s not right either because plenty of folks have bought *and* sold in the last 7 years, and seriously (and in my opinion, correctly) question buying again right now.

[sdcellar]

and yeah, on the “7 years”, why do people always bring up that kind of thing? If we all had time machines, it would be very handy, but let’s talk about the here and now.

It’s not even like they’re trying to learn from history, just somehow trying to say a good idea at one point in time might not just be a really bad idea at another.

The only other explanation is trying to shoehorn people, but that’s not right either because plenty of folks have bought *and* sold in the last 7 years, and seriously (and in my opinion, correctly) question buying again right now.

[sdcellar]

and yeah, on the “7 years”, why do people always bring up that kind of thing? If we all had time machines, it would be very handy, but let’s talk about the here and now.

It’s not even like they’re trying to learn from history, just somehow trying to say a good idea at one point in time might not just be a really bad idea at another.

The only other explanation is trying to shoehorn people, but that’s not right either because plenty of folks have bought *and* sold in the last 7 years, and seriously (and in my opinion, correctly) question buying again right now.

[sdcellar]

I didn’t mean shoddy…

Well you misspelled them both then. And might I suggest that “shoddy” actually demonstrates a more refined use of the language.

Are you sure you didn’t buy in Del Sur or something like that in the last year, Alex?

[sdcellar]

I didn’t mean shoddy…

Well you misspelled them both then. And might I suggest that “shoddy” actually demonstrates a more refined use of the language.

Are you sure you didn’t buy in Del Sur or something like that in the last year, Alex?

[sdcellar]

I didn’t mean shoddy…

Well you misspelled them both then. And might I suggest that “shoddy” actually demonstrates a more refined use of the language.

Are you sure you didn’t buy in Del Sur or something like that in the last year, Alex?

[sdcellar]

That’s the beauty of it Ray, no need to time the exact bottom. These things move slowly and I’d rather miss on the way up than on the way down. Let me ask you, where would you rather be early after the transition?

…and I’m saving money every day I rent. Good luck, Derby Hill suckas…

[sdcellar]

That’s the beauty of it Ray, no need to time the exact bottom. These things move slowly and I’d rather miss on the way up than on the way down. Let me ask you, where would you rather be early after the transition?

…and I’m saving money every day I rent. Good luck, Derby Hill suckas…

[sdcellar]

That’s the beauty of it Ray, no need to time the exact bottom. These things move slowly and I’d rather miss on the way up than on the way down. Let me ask you, where would you rather be early after the transition?

…and I’m saving money every day I rent. Good luck, Derby Hill suckas…

[sdcellar]

Would you be able to us how many homes on arabian crest rd, foxhound way, mustang ridge dr, cherry hill ln, birch hill ln, heather ridge dr, have a “shoddy loan”?

As somebody already pointed out, I cannot. My point however, is that NODs and foreclosures are typically good indicators of problem loans (albeit a lagging indicator).

Now, for the streets you listed, I don’t seem to see any, but according to the county assessor, it looks like most of them closed within the last year or so. So clearly (at least to me), unless your neighbors really screwed themselves, it’s a little early to tell how well their various loan vehicles are working for them.

[sdcellar]

Would you be able to us how many homes on arabian crest rd, foxhound way, mustang ridge dr, cherry hill ln, birch hill ln, heather ridge dr, have a “shoddy loan”?

As somebody already pointed out, I cannot. My point however, is that NODs and foreclosures are typically good indicators of problem loans (albeit a lagging indicator).

Now, for the streets you listed, I don’t seem to see any, but according to the county assessor, it looks like most of them closed within the last year or so. So clearly (at least to me), unless your neighbors really screwed themselves, it’s a little early to tell how well their various loan vehicles are working for them.

[sdcellar]

Would you be able to us how many homes on arabian crest rd, foxhound way, mustang ridge dr, cherry hill ln, birch hill ln, heather ridge dr, have a “shoddy loan”?

As somebody already pointed out, I cannot. My point however, is that NODs and foreclosures are typically good indicators of problem loans (albeit a lagging indicator).

Now, for the streets you listed, I don’t seem to see any, but according to the county assessor, it looks like most of them closed within the last year or so. So clearly (at least to me), unless your neighbors really screwed themselves, it’s a little early to tell how well their various loan vehicles are working for them.

[sdcellar]

Alex_angel– Not everyone has an ARM or shotty loan.

You are absolutely correct (well, at least if you meant shoddy). However, I can almost promise you that not everybody in justbought’s neighborhood doesn’t.

If the double negative trips anyone up, what I’m saying is that right now you can look at any newer development pretty much anywhere in the county and there will be home “owners” who have overextended themselves and/or signed up for a toxic mortgage.

If you don’t believe me, you can just trek over to foreclosure.com and check street names for any ZIP you’d care to.

[sdcellar]

Alex_angel– Not everyone has an ARM or shotty loan.

You are absolutely correct (well, at least if you meant shoddy). However, I can almost promise you that not everybody in justbought’s neighborhood doesn’t.

If the double negative trips anyone up, what I’m saying is that right now you can look at any newer development pretty much anywhere in the county and there will be home “owners” who have overextended themselves and/or signed up for a toxic mortgage.

If you don’t believe me, you can just trek over to foreclosure.com and check street names for any ZIP you’d care to.

[sdcellar]

Alex_angel– Not everyone has an ARM or shotty loan.

You are absolutely correct (well, at least if you meant shoddy). However, I can almost promise you that not everybody in justbought’s neighborhood doesn’t.

If the double negative trips anyone up, what I’m saying is that right now you can look at any newer development pretty much anywhere in the county and there will be home “owners” who have overextended themselves and/or signed up for a toxic mortgage.

If you don’t believe me, you can just trek over to foreclosure.com and check street names for any ZIP you’d care to.

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