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waiting hawk
ParticipantDon’t forget to read my review I did last week.
ParticipantI always said 2003 prices were “in the bag”. Now I say more but still want to see 03 prices first.
Participant3k deposit is already lost in “equity”. Just like a new car, you lose money the second you drive it off. If you buy a home and can’t resell it for what you paid for it then really you shouldnt buy it. Either way buyers help in posting bad numbers for the rest so I encourage people to buy if they are crazy enough to even think about it.
ParticipantHe was telling people to BUY Cisco in 2000 at around $95 a share. I think the ending was something around $2.00?
ParticipantI also love their, “we just wont sell it then” remarks. Cool, cheaper to buy from the bank anywho. Good luck renting it if you just bought it in the last few years.
Stay
Rent
ForecloseChoose 1.
Or win the lotto and sell. I got 1 number right on 5 tickets Wed’s Super Lotto. Chances may be close.
September 15, 2006 at 10:47 PM in reply to: WSJ most popular article today – how low will home prices go #35513Participant“The houses in Liberty Station”
I inspected some of these homes. Man I tell you the first thing I said was, “who the hell (not hell but can’t say) would buy these”? I even called my LA partner and while I was laughing at these homes, every 10 seconds a large jet would fly over and it was so bad I had to pause each time as he could not hear me on the phone. Wow these homes are so sad its funny.ParticipantYou don’t pay double each month to get 30% back off the interest alone. You give me double and I will give you 40% back. Good deal?
ParticipantA while back I was thinking about a MLS for buyers to post for area, sqft, year built, and how much they would pay. Then with buyers ready sellers would post their homes to them and the buyer would choose the best for them. Silly idea but you never know. I would post on this for a small fee. Start it free with advertizers and then charge buyers a fee.
ParticipantNothing at that time. No tax and he didn’t need credit. He even used money orders for the time after on all bills and payments.
Participant“Home Values in 2016 Prediction”
Entering in on next bubble. This time I wont have unimproved lots like ones I sold in 05 and early 06. I’ll have 200 McMansions 🙂
ParticipantMy dad and both neighbors walked after buying a “2nd homes” and then saying “bye bye” to their first in 1994. What happened to us in 1990’s is why I’m so much involved on the idea that homes DO lose value and not go up forever. It was a great decision imo. The credit is clean and saved a ton. Also the appreciation gains from this bubble is better because everyone’s new home was bigger, cheaper, and in a better location (now with clean credit). win win win.
ParticipantI like Chrispy’s wearing that housing bubble T shirt idea to open houses. I look at it like this, you can’t shake these sellers to wake up from the “I’ll quit work and just buy a house” idea. So lowball is something to pass the time (and get good laughs from).
ParticipantI got it made because my realtor is a renter also. He don’t care what he submits. I told him, “I’M INSULTED BY THEIR LISTING, so why not insult with the offer. A cabin in Lake Arrowhead was 340k reduced to 250k. I submited 150k. They countered with 249k. I countered with 149k. It’s wake up time sellers. I’ll go right to the other tons of for sale signs and throw offers. Or wait. Either way I win. Its funny that the prices/comps come down and there is nothing people can do about it.
ParticipantSo it will be close to -8% to -10% yoy in November? Isnt that to fast (like depression fast). Almost like -1% per month?
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