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socratttParticipant
Obama is rolling out a new program tomorrow called “Welcome Back” program. This program will allow any homeowner that walked from their home to have the opportunity of moving back in, no mortgage payments for a year and a Playstation 3.
Bonus Offer: You will also get a stimulus check for 2 years of $2,000/month. This program is limited to those who have no job, have a score on Grand Theft Auto of 100,000 or higher (just made that number up, I wish I had time for games) and have written at least 3 bad checks in 2009.
socratttParticipantObama is rolling out a new program tomorrow called “Welcome Back” program. This program will allow any homeowner that walked from their home to have the opportunity of moving back in, no mortgage payments for a year and a Playstation 3.
Bonus Offer: You will also get a stimulus check for 2 years of $2,000/month. This program is limited to those who have no job, have a score on Grand Theft Auto of 100,000 or higher (just made that number up, I wish I had time for games) and have written at least 3 bad checks in 2009.
socratttParticipantObama is rolling out a new program tomorrow called “Welcome Back” program. This program will allow any homeowner that walked from their home to have the opportunity of moving back in, no mortgage payments for a year and a Playstation 3.
Bonus Offer: You will also get a stimulus check for 2 years of $2,000/month. This program is limited to those who have no job, have a score on Grand Theft Auto of 100,000 or higher (just made that number up, I wish I had time for games) and have written at least 3 bad checks in 2009.
socratttParticipantObama is rolling out a new program tomorrow called “Welcome Back” program. This program will allow any homeowner that walked from their home to have the opportunity of moving back in, no mortgage payments for a year and a Playstation 3.
Bonus Offer: You will also get a stimulus check for 2 years of $2,000/month. This program is limited to those who have no job, have a score on Grand Theft Auto of 100,000 or higher (just made that number up, I wish I had time for games) and have written at least 3 bad checks in 2009.
socratttParticipant[quote=sunny88]The only problem is that you can’t time the market and long-term, i.e. in 15 years the home prices will be (hopefully) higher than now.[/quote]
Sunny at the rate this government is going we will all be living in shacks with tin roofs in 15 years (except for those getting bailed out). One thing we can’t time is how fast our government is printing dollar bills, nor can we count the number of absurd government programs aimed at stimulating bad debt!
One thing we can all assure you here on this board is that real estate has yet to hit the bottom and Obama has made every possible move to help the same irresponsible buyers to remain in the homes they still won’t be able to afford.
Trojan, rent a place in Encinitas or Carlsbad by the beach, drink some Mai Tais on your days off, jump on the 5 during non-traffic hours for your quick shot to LA and wait for the market to reveal itself to you! Regardless of your situation waiting will only benefit you!!
socratttParticipant[quote=sunny88]The only problem is that you can’t time the market and long-term, i.e. in 15 years the home prices will be (hopefully) higher than now.[/quote]
Sunny at the rate this government is going we will all be living in shacks with tin roofs in 15 years (except for those getting bailed out). One thing we can’t time is how fast our government is printing dollar bills, nor can we count the number of absurd government programs aimed at stimulating bad debt!
One thing we can all assure you here on this board is that real estate has yet to hit the bottom and Obama has made every possible move to help the same irresponsible buyers to remain in the homes they still won’t be able to afford.
Trojan, rent a place in Encinitas or Carlsbad by the beach, drink some Mai Tais on your days off, jump on the 5 during non-traffic hours for your quick shot to LA and wait for the market to reveal itself to you! Regardless of your situation waiting will only benefit you!!
socratttParticipant[quote=sunny88]The only problem is that you can’t time the market and long-term, i.e. in 15 years the home prices will be (hopefully) higher than now.[/quote]
Sunny at the rate this government is going we will all be living in shacks with tin roofs in 15 years (except for those getting bailed out). One thing we can’t time is how fast our government is printing dollar bills, nor can we count the number of absurd government programs aimed at stimulating bad debt!
One thing we can all assure you here on this board is that real estate has yet to hit the bottom and Obama has made every possible move to help the same irresponsible buyers to remain in the homes they still won’t be able to afford.
Trojan, rent a place in Encinitas or Carlsbad by the beach, drink some Mai Tais on your days off, jump on the 5 during non-traffic hours for your quick shot to LA and wait for the market to reveal itself to you! Regardless of your situation waiting will only benefit you!!
socratttParticipant[quote=sunny88]The only problem is that you can’t time the market and long-term, i.e. in 15 years the home prices will be (hopefully) higher than now.[/quote]
Sunny at the rate this government is going we will all be living in shacks with tin roofs in 15 years (except for those getting bailed out). One thing we can’t time is how fast our government is printing dollar bills, nor can we count the number of absurd government programs aimed at stimulating bad debt!
One thing we can all assure you here on this board is that real estate has yet to hit the bottom and Obama has made every possible move to help the same irresponsible buyers to remain in the homes they still won’t be able to afford.
Trojan, rent a place in Encinitas or Carlsbad by the beach, drink some Mai Tais on your days off, jump on the 5 during non-traffic hours for your quick shot to LA and wait for the market to reveal itself to you! Regardless of your situation waiting will only benefit you!!
socratttParticipant[quote=sunny88]The only problem is that you can’t time the market and long-term, i.e. in 15 years the home prices will be (hopefully) higher than now.[/quote]
Sunny at the rate this government is going we will all be living in shacks with tin roofs in 15 years (except for those getting bailed out). One thing we can’t time is how fast our government is printing dollar bills, nor can we count the number of absurd government programs aimed at stimulating bad debt!
One thing we can all assure you here on this board is that real estate has yet to hit the bottom and Obama has made every possible move to help the same irresponsible buyers to remain in the homes they still won’t be able to afford.
Trojan, rent a place in Encinitas or Carlsbad by the beach, drink some Mai Tais on your days off, jump on the 5 during non-traffic hours for your quick shot to LA and wait for the market to reveal itself to you! Regardless of your situation waiting will only benefit you!!
socratttParticipant[quote=Oxford]
My agent suggests to not chase the market…yet.
I sense the slurpee sucking sharks are circling and waiting for some bigger fish to show weakness.
OX[/quote]
Keep in mind that no good news is coming anytime in the near future. The only fire power you have on your side is the moratorium on these REO’s coming to the market. From what I hear things are changing very soon as the banks will have to start moving these properties. I don’t necessarily think you need to chase the market, but $929K doesn’t sound like an aggressive price for the home. Your home is losing value daily and greed can be killer at the end of the day! Good luck and remember your agent isn’t always right!
socratttParticipant[quote=Oxford]
My agent suggests to not chase the market…yet.
I sense the slurpee sucking sharks are circling and waiting for some bigger fish to show weakness.
OX[/quote]
Keep in mind that no good news is coming anytime in the near future. The only fire power you have on your side is the moratorium on these REO’s coming to the market. From what I hear things are changing very soon as the banks will have to start moving these properties. I don’t necessarily think you need to chase the market, but $929K doesn’t sound like an aggressive price for the home. Your home is losing value daily and greed can be killer at the end of the day! Good luck and remember your agent isn’t always right!
socratttParticipant[quote=Oxford]
My agent suggests to not chase the market…yet.
I sense the slurpee sucking sharks are circling and waiting for some bigger fish to show weakness.
OX[/quote]
Keep in mind that no good news is coming anytime in the near future. The only fire power you have on your side is the moratorium on these REO’s coming to the market. From what I hear things are changing very soon as the banks will have to start moving these properties. I don’t necessarily think you need to chase the market, but $929K doesn’t sound like an aggressive price for the home. Your home is losing value daily and greed can be killer at the end of the day! Good luck and remember your agent isn’t always right!
socratttParticipant[quote=Oxford]
My agent suggests to not chase the market…yet.
I sense the slurpee sucking sharks are circling and waiting for some bigger fish to show weakness.
OX[/quote]
Keep in mind that no good news is coming anytime in the near future. The only fire power you have on your side is the moratorium on these REO’s coming to the market. From what I hear things are changing very soon as the banks will have to start moving these properties. I don’t necessarily think you need to chase the market, but $929K doesn’t sound like an aggressive price for the home. Your home is losing value daily and greed can be killer at the end of the day! Good luck and remember your agent isn’t always right!
socratttParticipant[quote=Oxford]
My agent suggests to not chase the market…yet.
I sense the slurpee sucking sharks are circling and waiting for some bigger fish to show weakness.
OX[/quote]
Keep in mind that no good news is coming anytime in the near future. The only fire power you have on your side is the moratorium on these REO’s coming to the market. From what I hear things are changing very soon as the banks will have to start moving these properties. I don’t necessarily think you need to chase the market, but $929K doesn’t sound like an aggressive price for the home. Your home is losing value daily and greed can be killer at the end of the day! Good luck and remember your agent isn’t always right!
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