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waiting hawk
Participant“At what level of foreclosures would you consider a bottom?”
Very easy question. When they simply stop rising and fall in a 6 month timeline. The existing foreclosures alone would stall any price rises.
“Through who, FMAE, FMAC, OFHEO, FHA?”
HUD will be taking the houses off banks, they did it in the past and they will in the future. This is a given as Congress is already talking about it.
Read about the last bailout from Fannie:
http://www.fanniemaefoundation.org/programs/hpd/pdf/hpd_0101_ely.pdfParticipant“At what level of foreclosures would you consider a bottom?”
Very easy question. When they simply stop rising and fall in a 6 month timeline. The existing foreclosures alone would stall any price rises.
“Through who, FMAE, FMAC, OFHEO, FHA?”
HUD will be taking the houses off banks, they did it in the past and they will in the future. This is a given as Congress is already talking about it.
Read about the last bailout from Fannie:
http://www.fanniemaefoundation.org/programs/hpd/pdf/hpd_0101_ely.pdfParticipant“At what level of foreclosures would you consider a bottom?”
Very easy question. When they simply stop rising and fall in a 6 month timeline. The existing foreclosures alone would stall any price rises.
“Through who, FMAE, FMAC, OFHEO, FHA?”
HUD will be taking the houses off banks, they did it in the past and they will in the future. This is a given as Congress is already talking about it.
Read about the last bailout from Fannie:
http://www.fanniemaefoundation.org/programs/hpd/pdf/hpd_0101_ely.pdfParticipant“At what level of foreclosures would you consider a bottom?”
Very easy question. When they simply stop rising and fall in a 6 month timeline. The existing foreclosures alone would stall any price rises.
“Through who, FMAE, FMAC, OFHEO, FHA?”
HUD will be taking the houses off banks, they did it in the past and they will in the future. This is a given as Congress is already talking about it.
Read about the last bailout from Fannie:
http://www.fanniemaefoundation.org/programs/hpd/pdf/hpd_0101_ely.pdfParticipant“Wow thanks for sharing. Yes, how far you have come indeed!
1292sf for $450k in Upland?!! Were you out of your mind in 2006? (just joking).
Whatever happened to the house? How much did it sell for?”
The house sold in Aug 2006 for 445k. Guess what from Aug 2006 to present it is still empty lol. Larger houses on that same street are now asking 350k-389k.
I have saved over 100k by waiting.
That’s 17 months, almost 6k per month savings by waiting plus the current 3k savings each month. So by my math I have “thrown” a ton of money away by renting lmao (sarcasm off).
$21,700 paid in rent for 17 months so that is $78,300 profit and I was able to live somewhere during that time. Do you think the tax break would have givin me 78k in 17 months (and the houses I’m judging against are larger)? lol
It feels good to be right sometimes though don’t it?Participant“Wow thanks for sharing. Yes, how far you have come indeed!
1292sf for $450k in Upland?!! Were you out of your mind in 2006? (just joking).
Whatever happened to the house? How much did it sell for?”
The house sold in Aug 2006 for 445k. Guess what from Aug 2006 to present it is still empty lol. Larger houses on that same street are now asking 350k-389k.
I have saved over 100k by waiting.
That’s 17 months, almost 6k per month savings by waiting plus the current 3k savings each month. So by my math I have “thrown” a ton of money away by renting lmao (sarcasm off).
$21,700 paid in rent for 17 months so that is $78,300 profit and I was able to live somewhere during that time. Do you think the tax break would have givin me 78k in 17 months (and the houses I’m judging against are larger)? lol
It feels good to be right sometimes though don’t it?Participant“Wow thanks for sharing. Yes, how far you have come indeed!
1292sf for $450k in Upland?!! Were you out of your mind in 2006? (just joking).
Whatever happened to the house? How much did it sell for?”
The house sold in Aug 2006 for 445k. Guess what from Aug 2006 to present it is still empty lol. Larger houses on that same street are now asking 350k-389k.
I have saved over 100k by waiting.
That’s 17 months, almost 6k per month savings by waiting plus the current 3k savings each month. So by my math I have “thrown” a ton of money away by renting lmao (sarcasm off).
$21,700 paid in rent for 17 months so that is $78,300 profit and I was able to live somewhere during that time. Do you think the tax break would have givin me 78k in 17 months (and the houses I’m judging against are larger)? lol
It feels good to be right sometimes though don’t it?Participant“Wow thanks for sharing. Yes, how far you have come indeed!
1292sf for $450k in Upland?!! Were you out of your mind in 2006? (just joking).
Whatever happened to the house? How much did it sell for?”
The house sold in Aug 2006 for 445k. Guess what from Aug 2006 to present it is still empty lol. Larger houses on that same street are now asking 350k-389k.
I have saved over 100k by waiting.
That’s 17 months, almost 6k per month savings by waiting plus the current 3k savings each month. So by my math I have “thrown” a ton of money away by renting lmao (sarcasm off).
$21,700 paid in rent for 17 months so that is $78,300 profit and I was able to live somewhere during that time. Do you think the tax break would have givin me 78k in 17 months (and the houses I’m judging against are larger)? lol
It feels good to be right sometimes though don’t it?Participant“Wow thanks for sharing. Yes, how far you have come indeed!
1292sf for $450k in Upland?!! Were you out of your mind in 2006? (just joking).
Whatever happened to the house? How much did it sell for?”
The house sold in Aug 2006 for 445k. Guess what from Aug 2006 to present it is still empty lol. Larger houses on that same street are now asking 350k-389k.
I have saved over 100k by waiting.
That’s 17 months, almost 6k per month savings by waiting plus the current 3k savings each month. So by my math I have “thrown” a ton of money away by renting lmao (sarcasm off).
$21,700 paid in rent for 17 months so that is $78,300 profit and I was able to live somewhere during that time. Do you think the tax break would have givin me 78k in 17 months (and the houses I’m judging against are larger)? lol
It feels good to be right sometimes though don’t it?ParticipantWhen i read the topic i thought it was for world of warcrack. That’s y i havent posted in a while (waiting out the housing crash by rebooting up the heroin addiction). stay away from that game and if you have kids don’t by it for em 🙂
ParticipantWhen i read the topic i thought it was for world of warcrack. That’s y i havent posted in a while (waiting out the housing crash by rebooting up the heroin addiction). stay away from that game and if you have kids don’t by it for em 🙂
ParticipantWhen i read the topic i thought it was for world of warcrack. That’s y i havent posted in a while (waiting out the housing crash by rebooting up the heroin addiction). stay away from that game and if you have kids don’t by it for em 🙂
ParticipantWhen i read the topic i thought it was for world of warcrack. That’s y i havent posted in a while (waiting out the housing crash by rebooting up the heroin addiction). stay away from that game and if you have kids don’t by it for em 🙂
ParticipantWhen i read the topic i thought it was for world of warcrack. That’s y i havent posted in a while (waiting out the housing crash by rebooting up the heroin addiction). stay away from that game and if you have kids don’t by it for em 🙂
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