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temeculaguy
ParticipantHere is a two part question
1. Is there an advantage to using the lisitng agent since I am unrepresented, the agent may be less likely to sit on my offer through them.
2. If I find a short that is overpriced or not fire sale priced and offer a fire sale price offer and I am the only offer, all they can do is decline, if they accept two months down the road and the climate and interest rates have changed, am I obligated in any way?
Reason I ask is that there are some overpriced shorts and some shorts that i don’t like yet priced fair at the price listed but would like at a much lower price.
temeculaguy
ParticipantHere is a two part question
1. Is there an advantage to using the lisitng agent since I am unrepresented, the agent may be less likely to sit on my offer through them.
2. If I find a short that is overpriced or not fire sale priced and offer a fire sale price offer and I am the only offer, all they can do is decline, if they accept two months down the road and the climate and interest rates have changed, am I obligated in any way?
Reason I ask is that there are some overpriced shorts and some shorts that i don’t like yet priced fair at the price listed but would like at a much lower price.
temeculaguy
ParticipantHere is a two part question
1. Is there an advantage to using the lisitng agent since I am unrepresented, the agent may be less likely to sit on my offer through them.
2. If I find a short that is overpriced or not fire sale priced and offer a fire sale price offer and I am the only offer, all they can do is decline, if they accept two months down the road and the climate and interest rates have changed, am I obligated in any way?
Reason I ask is that there are some overpriced shorts and some shorts that i don’t like yet priced fair at the price listed but would like at a much lower price.
July 23, 2008 at 10:30 PM in reply to: Bailout bill tax credit provision has some fine print. #245643temeculaguy
ParticipantThey wont have to, it is a simple programming issue, just like those of you who got a stimulus check, that will be deducted from your refund next year. More fine print, there was no free money, it was an interest free loan. They tried to trick you into pissing away the money, not telling people it was their own money to begin with. They know who got a check and who didn’t. The worst part is they jerk around those who will feel it most, those who were ineligible for a check because of high incomes never get any of the credits anyway so we dont budget for it, the rest will see a lower refund or a higher bill come March, but that is on someone else’s watch so who cares right.
July 23, 2008 at 10:30 PM in reply to: Bailout bill tax credit provision has some fine print. #245793temeculaguy
ParticipantThey wont have to, it is a simple programming issue, just like those of you who got a stimulus check, that will be deducted from your refund next year. More fine print, there was no free money, it was an interest free loan. They tried to trick you into pissing away the money, not telling people it was their own money to begin with. They know who got a check and who didn’t. The worst part is they jerk around those who will feel it most, those who were ineligible for a check because of high incomes never get any of the credits anyway so we dont budget for it, the rest will see a lower refund or a higher bill come March, but that is on someone else’s watch so who cares right.
July 23, 2008 at 10:30 PM in reply to: Bailout bill tax credit provision has some fine print. #245800temeculaguy
ParticipantThey wont have to, it is a simple programming issue, just like those of you who got a stimulus check, that will be deducted from your refund next year. More fine print, there was no free money, it was an interest free loan. They tried to trick you into pissing away the money, not telling people it was their own money to begin with. They know who got a check and who didn’t. The worst part is they jerk around those who will feel it most, those who were ineligible for a check because of high incomes never get any of the credits anyway so we dont budget for it, the rest will see a lower refund or a higher bill come March, but that is on someone else’s watch so who cares right.
July 23, 2008 at 10:30 PM in reply to: Bailout bill tax credit provision has some fine print. #245859temeculaguy
ParticipantThey wont have to, it is a simple programming issue, just like those of you who got a stimulus check, that will be deducted from your refund next year. More fine print, there was no free money, it was an interest free loan. They tried to trick you into pissing away the money, not telling people it was their own money to begin with. They know who got a check and who didn’t. The worst part is they jerk around those who will feel it most, those who were ineligible for a check because of high incomes never get any of the credits anyway so we dont budget for it, the rest will see a lower refund or a higher bill come March, but that is on someone else’s watch so who cares right.
July 23, 2008 at 10:30 PM in reply to: Bailout bill tax credit provision has some fine print. #245866temeculaguy
ParticipantThey wont have to, it is a simple programming issue, just like those of you who got a stimulus check, that will be deducted from your refund next year. More fine print, there was no free money, it was an interest free loan. They tried to trick you into pissing away the money, not telling people it was their own money to begin with. They know who got a check and who didn’t. The worst part is they jerk around those who will feel it most, those who were ineligible for a check because of high incomes never get any of the credits anyway so we dont budget for it, the rest will see a lower refund or a higher bill come March, but that is on someone else’s watch so who cares right.
temeculaguy
Participantesmith, you are right it’s 90% of market, not debt.
Padre, it’s not that i’m mad about it, I just read the fine print and realize that the headline doesn’t match the bill of goods. The hype will be that congress is saving people from foreclosure, keeping the market from falling and that’s all people will hear (there are more voting homeowners and fb’s than reverse flippers so it’s a wise move). Few are “saved” and rightfully so, most should not be saved, but like bubba pointed out, we just got sold a bipartisan bill of goods that has little to do with it’s headline. I smell BS, I also doubt the part about the percentages that fannie and freddie will even need the money. They are attempting to stop the invisible hand and it will slap them somehow, or probably it will slap you and me and we didn’t do anything.It wont maintain anything and the debt will go higher, why do we have to bail out things that fail, why is darwinism so bad? The market will find a way without our tax money, let it. I haven’t had a drop of wine for a week, and just now I broke out one, I had to.
temeculaguy
Participantesmith, you are right it’s 90% of market, not debt.
Padre, it’s not that i’m mad about it, I just read the fine print and realize that the headline doesn’t match the bill of goods. The hype will be that congress is saving people from foreclosure, keeping the market from falling and that’s all people will hear (there are more voting homeowners and fb’s than reverse flippers so it’s a wise move). Few are “saved” and rightfully so, most should not be saved, but like bubba pointed out, we just got sold a bipartisan bill of goods that has little to do with it’s headline. I smell BS, I also doubt the part about the percentages that fannie and freddie will even need the money. They are attempting to stop the invisible hand and it will slap them somehow, or probably it will slap you and me and we didn’t do anything.It wont maintain anything and the debt will go higher, why do we have to bail out things that fail, why is darwinism so bad? The market will find a way without our tax money, let it. I haven’t had a drop of wine for a week, and just now I broke out one, I had to.
temeculaguy
Participantesmith, you are right it’s 90% of market, not debt.
Padre, it’s not that i’m mad about it, I just read the fine print and realize that the headline doesn’t match the bill of goods. The hype will be that congress is saving people from foreclosure, keeping the market from falling and that’s all people will hear (there are more voting homeowners and fb’s than reverse flippers so it’s a wise move). Few are “saved” and rightfully so, most should not be saved, but like bubba pointed out, we just got sold a bipartisan bill of goods that has little to do with it’s headline. I smell BS, I also doubt the part about the percentages that fannie and freddie will even need the money. They are attempting to stop the invisible hand and it will slap them somehow, or probably it will slap you and me and we didn’t do anything.It wont maintain anything and the debt will go higher, why do we have to bail out things that fail, why is darwinism so bad? The market will find a way without our tax money, let it. I haven’t had a drop of wine for a week, and just now I broke out one, I had to.
temeculaguy
Participantesmith, you are right it’s 90% of market, not debt.
Padre, it’s not that i’m mad about it, I just read the fine print and realize that the headline doesn’t match the bill of goods. The hype will be that congress is saving people from foreclosure, keeping the market from falling and that’s all people will hear (there are more voting homeowners and fb’s than reverse flippers so it’s a wise move). Few are “saved” and rightfully so, most should not be saved, but like bubba pointed out, we just got sold a bipartisan bill of goods that has little to do with it’s headline. I smell BS, I also doubt the part about the percentages that fannie and freddie will even need the money. They are attempting to stop the invisible hand and it will slap them somehow, or probably it will slap you and me and we didn’t do anything.It wont maintain anything and the debt will go higher, why do we have to bail out things that fail, why is darwinism so bad? The market will find a way without our tax money, let it. I haven’t had a drop of wine for a week, and just now I broke out one, I had to.
temeculaguy
Participantesmith, you are right it’s 90% of market, not debt.
Padre, it’s not that i’m mad about it, I just read the fine print and realize that the headline doesn’t match the bill of goods. The hype will be that congress is saving people from foreclosure, keeping the market from falling and that’s all people will hear (there are more voting homeowners and fb’s than reverse flippers so it’s a wise move). Few are “saved” and rightfully so, most should not be saved, but like bubba pointed out, we just got sold a bipartisan bill of goods that has little to do with it’s headline. I smell BS, I also doubt the part about the percentages that fannie and freddie will even need the money. They are attempting to stop the invisible hand and it will slap them somehow, or probably it will slap you and me and we didn’t do anything.It wont maintain anything and the debt will go higher, why do we have to bail out things that fail, why is darwinism so bad? The market will find a way without our tax money, let it. I haven’t had a drop of wine for a week, and just now I broke out one, I had to.
temeculaguy
Participantsd, thanks, for the joke of the week and the advice on short sales, I wont avoid them any more.
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