[stansd]

Thanks paramount…great article, and very appropos. I didn’t know a short sale was almost as big of a ding to credit as a foreclosure…that begs the question a bit of why anyone would do a short sale, then…I think I want some more evidence to corroborate that-seems funny to me.

Stan

[stansd]

Thanks paramount…great article, and very appropos. I didn’t know a short sale was almost as big of a ding to credit as a foreclosure…that begs the question a bit of why anyone would do a short sale, then…I think I want some more evidence to corroborate that-seems funny to me.

Stan

[stansd]

Thanks paramount…great article, and very appropos. I didn’t know a short sale was almost as big of a ding to credit as a foreclosure…that begs the question a bit of why anyone would do a short sale, then…I think I want some more evidence to corroborate that-seems funny to me.

Stan

[stansd]

Thanks paramount…great article, and very appropos. I didn’t know a short sale was almost as big of a ding to credit as a foreclosure…that begs the question a bit of why anyone would do a short sale, then…I think I want some more evidence to corroborate that-seems funny to me.

Stan

[stansd]

Thanks paramount…great article, and very appropos. I didn’t know a short sale was almost as big of a ding to credit as a foreclosure…that begs the question a bit of why anyone would do a short sale, then…I think I want some more evidence to corroborate that-seems funny to me.

Stan

[stansd]

First, Breeze, that’s funny.

Thanks for responding sdr. I believe both are first loans, not refi’d, so they should be non-recourse. Property is in Bellflower, CA-1.5 hours north of here.

I’d love to have him talk with you 1:1, and possibly even use you, but I’m guessing it would be tough to represent someone that far from here.

He doesn’t have any explicit hardship other than the 47% of income going to his mortgage, which leaves him 32k to live on in CA with 2 kids. His compensation is down-he’s on bonus, and there aren’t many bonuses around these days.

Stan

[stansd]

First, Breeze, that’s funny.

Thanks for responding sdr. I believe both are first loans, not refi’d, so they should be non-recourse. Property is in Bellflower, CA-1.5 hours north of here.

I’d love to have him talk with you 1:1, and possibly even use you, but I’m guessing it would be tough to represent someone that far from here.

He doesn’t have any explicit hardship other than the 47% of income going to his mortgage, which leaves him 32k to live on in CA with 2 kids. His compensation is down-he’s on bonus, and there aren’t many bonuses around these days.

Stan

[stansd]

First, Breeze, that’s funny.

Thanks for responding sdr. I believe both are first loans, not refi’d, so they should be non-recourse. Property is in Bellflower, CA-1.5 hours north of here.

I’d love to have him talk with you 1:1, and possibly even use you, but I’m guessing it would be tough to represent someone that far from here.

He doesn’t have any explicit hardship other than the 47% of income going to his mortgage, which leaves him 32k to live on in CA with 2 kids. His compensation is down-he’s on bonus, and there aren’t many bonuses around these days.

Stan

[stansd]

First, Breeze, that’s funny.

Thanks for responding sdr. I believe both are first loans, not refi’d, so they should be non-recourse. Property is in Bellflower, CA-1.5 hours north of here.

I’d love to have him talk with you 1:1, and possibly even use you, but I’m guessing it would be tough to represent someone that far from here.

He doesn’t have any explicit hardship other than the 47% of income going to his mortgage, which leaves him 32k to live on in CA with 2 kids. His compensation is down-he’s on bonus, and there aren’t many bonuses around these days.

Stan

[stansd]

First, Breeze, that’s funny.

Thanks for responding sdr. I believe both are first loans, not refi’d, so they should be non-recourse. Property is in Bellflower, CA-1.5 hours north of here.

I’d love to have him talk with you 1:1, and possibly even use you, but I’m guessing it would be tough to represent someone that far from here.

He doesn’t have any explicit hardship other than the 47% of income going to his mortgage, which leaves him 32k to live on in CA with 2 kids. His compensation is down-he’s on bonus, and there aren’t many bonuses around these days.

Stan

[stansd]

I do finance for a fortune 100 company on a very big part of their portfolio and have a good window into the pulse of the world economy.

I’ve considered buying in as well, and may still. I can tell you, though, that the carnage is still ramping up. People will be astounded by both earnings and layoffs in the coming months. The holes have been put in the dike, but the dam will break.

Honestly, though, the U.S. is looking better than the rest of the world. Asia Pacific and Europe are looking really rough. Their stock markets have also taken a bigger beating, though, and the dollar is artificially inflated right now, so I’d say it’s a toss up-things may be priced in.

That’s a lot of context, but be very, very wary of looking at P/E’s right now forward or backward. They make things seem like a much better value than they actually are. Bankruptcies, layoffs, and defaults are just now hitting full steam.

I see this as binary. I wouldn’t be surprised to see the dow at 10K or 6K a year from now.

Stan

[stansd]

I do finance for a fortune 100 company on a very big part of their portfolio and have a good window into the pulse of the world economy.

I’ve considered buying in as well, and may still. I can tell you, though, that the carnage is still ramping up. People will be astounded by both earnings and layoffs in the coming months. The holes have been put in the dike, but the dam will break.

Honestly, though, the U.S. is looking better than the rest of the world. Asia Pacific and Europe are looking really rough. Their stock markets have also taken a bigger beating, though, and the dollar is artificially inflated right now, so I’d say it’s a toss up-things may be priced in.

That’s a lot of context, but be very, very wary of looking at P/E’s right now forward or backward. They make things seem like a much better value than they actually are. Bankruptcies, layoffs, and defaults are just now hitting full steam.

I see this as binary. I wouldn’t be surprised to see the dow at 10K or 6K a year from now.

Stan

[stansd]

I do finance for a fortune 100 company on a very big part of their portfolio and have a good window into the pulse of the world economy.

I’ve considered buying in as well, and may still. I can tell you, though, that the carnage is still ramping up. People will be astounded by both earnings and layoffs in the coming months. The holes have been put in the dike, but the dam will break.

Honestly, though, the U.S. is looking better than the rest of the world. Asia Pacific and Europe are looking really rough. Their stock markets have also taken a bigger beating, though, and the dollar is artificially inflated right now, so I’d say it’s a toss up-things may be priced in.

That’s a lot of context, but be very, very wary of looking at P/E’s right now forward or backward. They make things seem like a much better value than they actually are. Bankruptcies, layoffs, and defaults are just now hitting full steam.

I see this as binary. I wouldn’t be surprised to see the dow at 10K or 6K a year from now.

Stan

[stansd]

I do finance for a fortune 100 company on a very big part of their portfolio and have a good window into the pulse of the world economy.

I’ve considered buying in as well, and may still. I can tell you, though, that the carnage is still ramping up. People will be astounded by both earnings and layoffs in the coming months. The holes have been put in the dike, but the dam will break.

Honestly, though, the U.S. is looking better than the rest of the world. Asia Pacific and Europe are looking really rough. Their stock markets have also taken a bigger beating, though, and the dollar is artificially inflated right now, so I’d say it’s a toss up-things may be priced in.

That’s a lot of context, but be very, very wary of looking at P/E’s right now forward or backward. They make things seem like a much better value than they actually are. Bankruptcies, layoffs, and defaults are just now hitting full steam.

I see this as binary. I wouldn’t be surprised to see the dow at 10K or 6K a year from now.

Stan

[stansd]

I do finance for a fortune 100 company on a very big part of their portfolio and have a good window into the pulse of the world economy.

I’ve considered buying in as well, and may still. I can tell you, though, that the carnage is still ramping up. People will be astounded by both earnings and layoffs in the coming months. The holes have been put in the dike, but the dam will break.

Honestly, though, the U.S. is looking better than the rest of the world. Asia Pacific and Europe are looking really rough. Their stock markets have also taken a bigger beating, though, and the dollar is artificially inflated right now, so I’d say it’s a toss up-things may be priced in.

That’s a lot of context, but be very, very wary of looking at P/E’s right now forward or backward. They make things seem like a much better value than they actually are. Bankruptcies, layoffs, and defaults are just now hitting full steam.

I see this as binary. I wouldn’t be surprised to see the dow at 10K or 6K a year from now.

Stan

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