Forum Replies Created
-
AuthorPosts
-
temeculaguy
ParticipantWow Drew, the odds of that are astronomical. I wonder how many page views there are here, there only seems to be a couple hundred posters.
ParticipantWow Drew, the odds of that are astronomical. I wonder how many page views there are here, there only seems to be a couple hundred posters.
ParticipantEpic Post!!! I was concerned a few weeks ago, now I’m scared. There were a lot of those “careful what you wish for” posts in the past few months, why do I have this sinking feeling that the storm that’s brewing may be more than even us bears were prepared for.
ParticipantEpic Post!!! I was concerned a few weeks ago, now I’m scared. There were a lot of those “careful what you wish for” posts in the past few months, why do I have this sinking feeling that the storm that’s brewing may be more than even us bears were prepared for.
ParticipantEpic Post!!! I was concerned a few weeks ago, now I’m scared. There were a lot of those “careful what you wish for” posts in the past few months, why do I have this sinking feeling that the storm that’s brewing may be more than even us bears were prepared for.
ParticipantWAD, you are right about who will drive it down, the builders and banks plus they have less emotion invested. The race has just started, the number of qualified non contingent buyers with a downpayment is drying up and they are going to start fighting over them. I’m probably going to go visit some models in an hour or two, not to buy, just to feel like a rockstar. Once I begin chatting with the sales staff and I divulge my situation as a qualified, non contingent guy who can move in tomorrow I know what a Playboy Playmate walking in the yard of a prison must feel like. Today should be even worse with the events of the week and the lenders tightening. I love standing inventory, it makes them so pleasant to talk to.
ParticipantWAD, you are right about who will drive it down, the builders and banks plus they have less emotion invested. The race has just started, the number of qualified non contingent buyers with a downpayment is drying up and they are going to start fighting over them. I’m probably going to go visit some models in an hour or two, not to buy, just to feel like a rockstar. Once I begin chatting with the sales staff and I divulge my situation as a qualified, non contingent guy who can move in tomorrow I know what a Playboy Playmate walking in the yard of a prison must feel like. Today should be even worse with the events of the week and the lenders tightening. I love standing inventory, it makes them so pleasant to talk to.
ParticipantThe title report is probably right, the GIS is pulled from the assessor and is probably not as up to date.
ParticipantThe title report is probably right, the GIS is pulled from the assessor and is probably not as up to date.
August 5, 2007 at 11:41 AM in reply to: August 17, 1981 HOUSING BOOM GOES BUST IN LOS ANGELES #70445ParticipantYes, good post Bugs, the small margin that the lender makes explains why it doesn’t take that many forclosures for them to feel the pain plus the dollar value of the loans made from 2003-2006 that are going bad has to be much higher than the loans that were made 10 or 20 years ago and those loans aren’t going bad but are used to get the stat about what percentage is going bad. If I were to say that 1 of my 100 stocks went worthless it doesn’t sound too bad but if I had a third of my money in that stock it is an entirely different scenario.
August 5, 2007 at 11:41 AM in reply to: August 17, 1981 HOUSING BOOM GOES BUST IN LOS ANGELES #70522ParticipantYes, good post Bugs, the small margin that the lender makes explains why it doesn’t take that many forclosures for them to feel the pain plus the dollar value of the loans made from 2003-2006 that are going bad has to be much higher than the loans that were made 10 or 20 years ago and those loans aren’t going bad but are used to get the stat about what percentage is going bad. If I were to say that 1 of my 100 stocks went worthless it doesn’t sound too bad but if I had a third of my money in that stock it is an entirely different scenario.
ParticipantI just found a couple with the christmas lights still up and was going to post them. Then I went to redfin to get the links so everyone could see without a password and noticed the Days on Market at 180+ so the odds are they were listed last christmas. C’mon realtors, if they won’t lower their price take new pictures, de-list and re-list, lie to me, Please!
ParticipantI just found a couple with the christmas lights still up and was going to post them. Then I went to redfin to get the links so everyone could see without a password and noticed the Days on Market at 180+ so the odds are they were listed last christmas. C’mon realtors, if they won’t lower their price take new pictures, de-list and re-list, lie to me, Please!
ParticipantSomething stinks in Denmark, according to the temecula GIS the owner of 33979 is GMAC so they repo’d it at 555k, the owner of 33965 is owner occupied and financed with WF but he had nine transactions since feb and a search of his name shows he owned a flipper company called The Loan Company in the past. That house isn’t worth 550k today, that street was the subject of a story on NBC nightly news with Bran Williams about a month ago for being riddled with repos. I can’t figure it out, that neighborhood has a bunch of the Murrieta fraud houses and the D.A./U.S. attorney is investigating, it is pretty ballsy to pull a fraud within the crime scene of a fraud investigation. That’s like some child molester driving on westerfield’s street during the trial and offering kids candy from a van while news cameras are getting file footage, there’s got to be a better explanation.
-
AuthorPosts