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UCGal
ParticipantDo you think the increase in 3rd party sales this years (vs banks) is because the banks started lowering the opening bid to a price that makes the property potentially profitable?
I remember reading (here and elsewhere) that last year the banks were setting the opening bids higher than the value of the house – so there were no bids.
ParticipantDo you think the increase in 3rd party sales this years (vs banks) is because the banks started lowering the opening bid to a price that makes the property potentially profitable?
I remember reading (here and elsewhere) that last year the banks were setting the opening bids higher than the value of the house – so there were no bids.
September 2, 2009 at 6:38 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451757Participant[quote=CA renter]
Not sure where you’re getting your info, Nor-LA-SD, but would love to hear where you’re getting these optimistic reports so I could give my friends some comfort. Any references or even anecdotes to bolster your claim of the entertainment industry being “on a tear”?[/quote]I can give a 3 person anectdotal data point.
* One friend produces small independant films. Money has become MUCH tighter. But more crew are willing (have the time) to work for free on friends projects they like.
* One friend is a union gaffer/best boy. He’s got his steady gig – but the work he typically picks up for weekends and breaks has dried up.
* Our nephew is a non-union gaffer. Even reality shows are drying up… Even infomercials are drying up. He’s hanging in there – but he’s afraid to turn down even the crappiest job (for example – bad music videos or porn… which has always been the bottom of the barrel) because he doesn’t have the income stability he’s had in the past.
The entertainment industry is not robust right now, in LA. Not when you have headlines about salary cuts for the a-list due to declining box-office.
http://www.telegraph.co.uk/news/worldnews/northamerica/usa/6111797/Hollywood-A-list-feels-the-pinch-after-disappointing-summer-at-box-office.htmlSeptember 2, 2009 at 6:38 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #451952Participant[quote=CA renter]
Not sure where you’re getting your info, Nor-LA-SD, but would love to hear where you’re getting these optimistic reports so I could give my friends some comfort. Any references or even anecdotes to bolster your claim of the entertainment industry being “on a tear”?[/quote]I can give a 3 person anectdotal data point.
* One friend produces small independant films. Money has become MUCH tighter. But more crew are willing (have the time) to work for free on friends projects they like.
* One friend is a union gaffer/best boy. He’s got his steady gig – but the work he typically picks up for weekends and breaks has dried up.
* Our nephew is a non-union gaffer. Even reality shows are drying up… Even infomercials are drying up. He’s hanging in there – but he’s afraid to turn down even the crappiest job (for example – bad music videos or porn… which has always been the bottom of the barrel) because he doesn’t have the income stability he’s had in the past.
The entertainment industry is not robust right now, in LA. Not when you have headlines about salary cuts for the a-list due to declining box-office.
http://www.telegraph.co.uk/news/worldnews/northamerica/usa/6111797/Hollywood-A-list-feels-the-pinch-after-disappointing-summer-at-box-office.htmlSeptember 2, 2009 at 6:38 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #452292Participant[quote=CA renter]
Not sure where you’re getting your info, Nor-LA-SD, but would love to hear where you’re getting these optimistic reports so I could give my friends some comfort. Any references or even anecdotes to bolster your claim of the entertainment industry being “on a tear”?[/quote]I can give a 3 person anectdotal data point.
* One friend produces small independant films. Money has become MUCH tighter. But more crew are willing (have the time) to work for free on friends projects they like.
* One friend is a union gaffer/best boy. He’s got his steady gig – but the work he typically picks up for weekends and breaks has dried up.
* Our nephew is a non-union gaffer. Even reality shows are drying up… Even infomercials are drying up. He’s hanging in there – but he’s afraid to turn down even the crappiest job (for example – bad music videos or porn… which has always been the bottom of the barrel) because he doesn’t have the income stability he’s had in the past.
The entertainment industry is not robust right now, in LA. Not when you have headlines about salary cuts for the a-list due to declining box-office.
http://www.telegraph.co.uk/news/worldnews/northamerica/usa/6111797/Hollywood-A-list-feels-the-pinch-after-disappointing-summer-at-box-office.htmlSeptember 2, 2009 at 6:38 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #452366Participant[quote=CA renter]
Not sure where you’re getting your info, Nor-LA-SD, but would love to hear where you’re getting these optimistic reports so I could give my friends some comfort. Any references or even anecdotes to bolster your claim of the entertainment industry being “on a tear”?[/quote]I can give a 3 person anectdotal data point.
* One friend produces small independant films. Money has become MUCH tighter. But more crew are willing (have the time) to work for free on friends projects they like.
* One friend is a union gaffer/best boy. He’s got his steady gig – but the work he typically picks up for weekends and breaks has dried up.
* Our nephew is a non-union gaffer. Even reality shows are drying up… Even infomercials are drying up. He’s hanging in there – but he’s afraid to turn down even the crappiest job (for example – bad music videos or porn… which has always been the bottom of the barrel) because he doesn’t have the income stability he’s had in the past.
The entertainment industry is not robust right now, in LA. Not when you have headlines about salary cuts for the a-list due to declining box-office.
http://www.telegraph.co.uk/news/worldnews/northamerica/usa/6111797/Hollywood-A-list-feels-the-pinch-after-disappointing-summer-at-box-office.htmlSeptember 2, 2009 at 6:38 AM in reply to: Banks to Flood the Markets with Foreclosures – CNBC Reports #452555Participant[quote=CA renter]
Not sure where you’re getting your info, Nor-LA-SD, but would love to hear where you’re getting these optimistic reports so I could give my friends some comfort. Any references or even anecdotes to bolster your claim of the entertainment industry being “on a tear”?[/quote]I can give a 3 person anectdotal data point.
* One friend produces small independant films. Money has become MUCH tighter. But more crew are willing (have the time) to work for free on friends projects they like.
* One friend is a union gaffer/best boy. He’s got his steady gig – but the work he typically picks up for weekends and breaks has dried up.
* Our nephew is a non-union gaffer. Even reality shows are drying up… Even infomercials are drying up. He’s hanging in there – but he’s afraid to turn down even the crappiest job (for example – bad music videos or porn… which has always been the bottom of the barrel) because he doesn’t have the income stability he’s had in the past.
The entertainment industry is not robust right now, in LA. Not when you have headlines about salary cuts for the a-list due to declining box-office.
http://www.telegraph.co.uk/news/worldnews/northamerica/usa/6111797/Hollywood-A-list-feels-the-pinch-after-disappointing-summer-at-box-office.htmlAugust 31, 2009 at 8:29 PM in reply to: Stairwell (Banister) remodel – what’s a ballpark estimate for something like this? #451245ParticipantOpening up, like removing walls? That requires a lot more info. Is it load bearing? Are there pipes, hvac, plumbing or anything in the wall?
Optimistically, if the wall you want to remove to “open up” the stairwell doesn’t have any issues – that part is cheap. The finishes of the other things in a stairwell will determine price – if you have a non-fancy, wood railing – no custom milling on the knoll posts, etc… It’s one thing. If you get artisan crafted wrought iron and fancy milled railings…. that’s another thing.
In other words – more information is needed.
August 31, 2009 at 8:29 PM in reply to: Stairwell (Banister) remodel – what’s a ballpark estimate for something like this? #451439ParticipantOpening up, like removing walls? That requires a lot more info. Is it load bearing? Are there pipes, hvac, plumbing or anything in the wall?
Optimistically, if the wall you want to remove to “open up” the stairwell doesn’t have any issues – that part is cheap. The finishes of the other things in a stairwell will determine price – if you have a non-fancy, wood railing – no custom milling on the knoll posts, etc… It’s one thing. If you get artisan crafted wrought iron and fancy milled railings…. that’s another thing.
In other words – more information is needed.
August 31, 2009 at 8:29 PM in reply to: Stairwell (Banister) remodel – what’s a ballpark estimate for something like this? #451783ParticipantOpening up, like removing walls? That requires a lot more info. Is it load bearing? Are there pipes, hvac, plumbing or anything in the wall?
Optimistically, if the wall you want to remove to “open up” the stairwell doesn’t have any issues – that part is cheap. The finishes of the other things in a stairwell will determine price – if you have a non-fancy, wood railing – no custom milling on the knoll posts, etc… It’s one thing. If you get artisan crafted wrought iron and fancy milled railings…. that’s another thing.
In other words – more information is needed.
August 31, 2009 at 8:29 PM in reply to: Stairwell (Banister) remodel – what’s a ballpark estimate for something like this? #451855ParticipantOpening up, like removing walls? That requires a lot more info. Is it load bearing? Are there pipes, hvac, plumbing or anything in the wall?
Optimistically, if the wall you want to remove to “open up” the stairwell doesn’t have any issues – that part is cheap. The finishes of the other things in a stairwell will determine price – if you have a non-fancy, wood railing – no custom milling on the knoll posts, etc… It’s one thing. If you get artisan crafted wrought iron and fancy milled railings…. that’s another thing.
In other words – more information is needed.
August 31, 2009 at 8:29 PM in reply to: Stairwell (Banister) remodel – what’s a ballpark estimate for something like this? #452045ParticipantOpening up, like removing walls? That requires a lot more info. Is it load bearing? Are there pipes, hvac, plumbing or anything in the wall?
Optimistically, if the wall you want to remove to “open up” the stairwell doesn’t have any issues – that part is cheap. The finishes of the other things in a stairwell will determine price – if you have a non-fancy, wood railing – no custom milling on the knoll posts, etc… It’s one thing. If you get artisan crafted wrought iron and fancy milled railings…. that’s another thing.
In other words – more information is needed.
Participant[quote=jpinpb]Now it all makes sense. Where is the money going to come from to pay for all these real estate bailouts? From real estate!
That almost seems fair. The taxpayers will pay for it, sure, but indirectly, and from the source of the problem.[/quote]
Good point!
Participant[quote=jpinpb]Now it all makes sense. Where is the money going to come from to pay for all these real estate bailouts? From real estate!
That almost seems fair. The taxpayers will pay for it, sure, but indirectly, and from the source of the problem.[/quote]
Good point!
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