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April 5, 2010 at 11:05 PM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #535936April 5, 2010 at 11:05 PM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #536065socratttParticipant
Here is where TG gets it all right and we get it all wrong. The numbers are so manipulated that it’s nearly impossible to predict the market. I personally believe the inevitable won’t happen for sometime as the government is so intertwined with the banks that it really makes no difference on the default numbers.
At some point down the line we will probably suffer some sort of financial collapse over a short term period unless the guys we all think are brain dead are in fact genius, i.e. Bernanke and Geithner. I don’t know anymore what to believe. I thought my tin foil hat was becoming trendy. Nowadays the hat comes off until I read what the Piggs write! Boy did I have it all wrong!
April 5, 2010 at 11:05 PM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #536519socratttParticipantHere is where TG gets it all right and we get it all wrong. The numbers are so manipulated that it’s nearly impossible to predict the market. I personally believe the inevitable won’t happen for sometime as the government is so intertwined with the banks that it really makes no difference on the default numbers.
At some point down the line we will probably suffer some sort of financial collapse over a short term period unless the guys we all think are brain dead are in fact genius, i.e. Bernanke and Geithner. I don’t know anymore what to believe. I thought my tin foil hat was becoming trendy. Nowadays the hat comes off until I read what the Piggs write! Boy did I have it all wrong!
April 5, 2010 at 11:05 PM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #536616socratttParticipantHere is where TG gets it all right and we get it all wrong. The numbers are so manipulated that it’s nearly impossible to predict the market. I personally believe the inevitable won’t happen for sometime as the government is so intertwined with the banks that it really makes no difference on the default numbers.
At some point down the line we will probably suffer some sort of financial collapse over a short term period unless the guys we all think are brain dead are in fact genius, i.e. Bernanke and Geithner. I don’t know anymore what to believe. I thought my tin foil hat was becoming trendy. Nowadays the hat comes off until I read what the Piggs write! Boy did I have it all wrong!
April 5, 2010 at 11:05 PM in reply to: foreclosure wave about to hit — again! — and with a thunderous roar no less (per TG’s ladyfriend) #536879socratttParticipantHere is where TG gets it all right and we get it all wrong. The numbers are so manipulated that it’s nearly impossible to predict the market. I personally believe the inevitable won’t happen for sometime as the government is so intertwined with the banks that it really makes no difference on the default numbers.
At some point down the line we will probably suffer some sort of financial collapse over a short term period unless the guys we all think are brain dead are in fact genius, i.e. Bernanke and Geithner. I don’t know anymore what to believe. I thought my tin foil hat was becoming trendy. Nowadays the hat comes off until I read what the Piggs write! Boy did I have it all wrong!
socratttParticipant[quote=scaredycat]probably not. isn’t this sort of a pre-death wealth transfer, money down the real estate hole, likely to be happening a lot?[/quote]
Even more so now that we are in bubble number 2. I can understand walking away and renting, but using mom and pops credit to buy again sounds like an adult form enabling. As the saying goes, “He who dies with the most toys, wins.”
socratttParticipant[quote=scaredycat]probably not. isn’t this sort of a pre-death wealth transfer, money down the real estate hole, likely to be happening a lot?[/quote]
Even more so now that we are in bubble number 2. I can understand walking away and renting, but using mom and pops credit to buy again sounds like an adult form enabling. As the saying goes, “He who dies with the most toys, wins.”
socratttParticipant[quote=scaredycat]probably not. isn’t this sort of a pre-death wealth transfer, money down the real estate hole, likely to be happening a lot?[/quote]
Even more so now that we are in bubble number 2. I can understand walking away and renting, but using mom and pops credit to buy again sounds like an adult form enabling. As the saying goes, “He who dies with the most toys, wins.”
socratttParticipant[quote=scaredycat]probably not. isn’t this sort of a pre-death wealth transfer, money down the real estate hole, likely to be happening a lot?[/quote]
Even more so now that we are in bubble number 2. I can understand walking away and renting, but using mom and pops credit to buy again sounds like an adult form enabling. As the saying goes, “He who dies with the most toys, wins.”
socratttParticipant[quote=scaredycat]probably not. isn’t this sort of a pre-death wealth transfer, money down the real estate hole, likely to be happening a lot?[/quote]
Even more so now that we are in bubble number 2. I can understand walking away and renting, but using mom and pops credit to buy again sounds like an adult form enabling. As the saying goes, “He who dies with the most toys, wins.”
socratttParticipantIf you found a prospective tenant that quick I would suggest putting another ad on Craigslist for a higher price. The rental market over the past few months has changed dramatically. The rental market is surging as inventory is fairly depleted with so many homes off the market. I have seen homes in my community up almost 15% in just a few months. It may be area specific but I have had a few people tell me that prices are extremely outrageous all around the county. This looks to be affecting most of the rentals below $3K. Everything above that number still seems to be unchanged or is continuing to fall.
Put another ad up on Craigslist, have an open house at a specific time and meet all the tenants that are interested. This will give you a better idea of who is interested in your home and will allow you to make a choice. I always used this technique and prefer it rather than scheduling specific times for each renter.
socratttParticipantIf you found a prospective tenant that quick I would suggest putting another ad on Craigslist for a higher price. The rental market over the past few months has changed dramatically. The rental market is surging as inventory is fairly depleted with so many homes off the market. I have seen homes in my community up almost 15% in just a few months. It may be area specific but I have had a few people tell me that prices are extremely outrageous all around the county. This looks to be affecting most of the rentals below $3K. Everything above that number still seems to be unchanged or is continuing to fall.
Put another ad up on Craigslist, have an open house at a specific time and meet all the tenants that are interested. This will give you a better idea of who is interested in your home and will allow you to make a choice. I always used this technique and prefer it rather than scheduling specific times for each renter.
socratttParticipantIf you found a prospective tenant that quick I would suggest putting another ad on Craigslist for a higher price. The rental market over the past few months has changed dramatically. The rental market is surging as inventory is fairly depleted with so many homes off the market. I have seen homes in my community up almost 15% in just a few months. It may be area specific but I have had a few people tell me that prices are extremely outrageous all around the county. This looks to be affecting most of the rentals below $3K. Everything above that number still seems to be unchanged or is continuing to fall.
Put another ad up on Craigslist, have an open house at a specific time and meet all the tenants that are interested. This will give you a better idea of who is interested in your home and will allow you to make a choice. I always used this technique and prefer it rather than scheduling specific times for each renter.
socratttParticipantIf you found a prospective tenant that quick I would suggest putting another ad on Craigslist for a higher price. The rental market over the past few months has changed dramatically. The rental market is surging as inventory is fairly depleted with so many homes off the market. I have seen homes in my community up almost 15% in just a few months. It may be area specific but I have had a few people tell me that prices are extremely outrageous all around the county. This looks to be affecting most of the rentals below $3K. Everything above that number still seems to be unchanged or is continuing to fall.
Put another ad up on Craigslist, have an open house at a specific time and meet all the tenants that are interested. This will give you a better idea of who is interested in your home and will allow you to make a choice. I always used this technique and prefer it rather than scheduling specific times for each renter.
socratttParticipantIf you found a prospective tenant that quick I would suggest putting another ad on Craigslist for a higher price. The rental market over the past few months has changed dramatically. The rental market is surging as inventory is fairly depleted with so many homes off the market. I have seen homes in my community up almost 15% in just a few months. It may be area specific but I have had a few people tell me that prices are extremely outrageous all around the county. This looks to be affecting most of the rentals below $3K. Everything above that number still seems to be unchanged or is continuing to fall.
Put another ad up on Craigslist, have an open house at a specific time and meet all the tenants that are interested. This will give you a better idea of who is interested in your home and will allow you to make a choice. I always used this technique and prefer it rather than scheduling specific times for each renter.
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