Houses, Housing, and foreclosures

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Old Jun 19, 2007 | 04:18 PM
  #16  
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Originally Posted by Mr. Xevious
1/2 of us are waiting for prices to come down to a respectable level so we can buy. The other 1/2 are current home owners and wish us to hell for wanting prices to go lower
PSSSTTT!!!! lady across the street is pissed off that her pot smoking 18 year old kid had too much to drink at one of our frequent block parties. She's selling her house at almost $100K hit plus it's fully furnished. find some cash.
Old Jun 19, 2007 | 04:24 PM
  #17  
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Originally Posted by Double Phister
PSSSTTT!!!! lady across the street is pissed off that her pot smoking 18 year old kid had too much to drink at one of our frequent block parties. She's selling her house at almost $100K hit plus it's fully furnished. find some cash.
umm.. is there a sign up yet?
Old Jun 19, 2007 | 04:27 PM
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Originally Posted by Mr. Xevious
umm.. is there a sign up yet?
Would you really want to live across the street from some old guy that gets rammed by Camaros?
Old Jun 19, 2007 | 04:38 PM
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Originally Posted by nachomc
Would you really want to live across the street from some old guy that gets rammed by Camaros?
summer evenings + bug zapper + lawn furniture + high speed camaros = quality entertainment!
Old Jun 19, 2007 | 04:39 PM
  #20  
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Originally Posted by Mr. Xevious
umm.. is there a sign up yet?
ooopps. only 3 bedroom.
http://firesidehomes.helpusell.com/L...sting=22717407

There's a smaller house for sale too. Same floorplan as mine two doors down.
Old Jun 19, 2007 | 04:40 PM
  #21  
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Originally Posted by nachomc
Would you really want to live across the street from some old guy that gets rammed by Camaros?
We (the block) have three kegerators.
Old Jun 19, 2007 | 04:44 PM
  #22  
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Originally Posted by Double Phister
We (the block) have three kegerators.
/me puts together a downpayment :P

Last edited by nachomc; Jun 19, 2007 at 04:47 PM.
Old Jun 19, 2007 | 05:13 PM
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Originally Posted by nachomc
/me puts together a downpayment :P
I'll split it with you 50/50.
Old Jun 19, 2007 | 08:04 PM
  #24  
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Here's your sign.
Old Jun 19, 2007 | 08:07 PM
  #25  
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Sweet I love lightning!!! So we on or what, Matt?
Old Jun 19, 2007 | 08:15 PM
  #26  
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Originally Posted by jvick125
Sweet I love lightning!!! So we on or what, Matt?
heh, neg, I'm not buying anything right now
Old Jun 21, 2007 | 01:10 PM
  #27  
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Originally Posted by gdogg
and Detroit... yeah we went there last year... that entire area is a ghost town.... and they actually have the highest concentration of muslim communities in the U.S. (so i was told)
Its the largest population of arabs outside the middle east. If you were to drive through dearborn, most of the signs are bilingual - English and Arabic. And its not all Islamic Arabs either, theres a ton of Cheleadans or how ever they spell it (Christian arabs) too
Old Jun 21, 2007 | 01:41 PM
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According to my wife that works as a deputy investigator for the DRE, close to a third of California homes are in foreclosure.

This is what happens when the economy slows and you're stupid enough to listen to a loan shark that wants to get you into a IO/ARM. And a lot of these sharks are still in business and doing great!

Meanwhile, licensed brokers like me never once pushed an IO loan option. If my client was convinced of an IO payment, then i'd push a pick-a-payment option so I could at least sleep at night knowing they have a choice in payment. If they were still convinced of another program that was too good to be true i’d direct them elsewhere. This is after I explained interest to the bank and the add-on to the principle. These ridiculous loan programs have forced many lenders to rethink their program options. Because of this many are opting for 40+yr fix options.

I rarely do loans anymore now because it got so slow for me. I partially blame the huge IO rush. A lot of my business went to cookie-cutter loan companies and lying-*** sharks that didn’t even have a personal sales license. That said, I don’t care about anyone that’s in foreclosure. I hope their credit haunts them for the rest of their lives.

My Mom - the one that got me in the business - still does loans of all types successfully and ethically I might add. Restaurants have my time wrapped-up now.
Old Jun 21, 2007 | 02:07 PM
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I like your avatar, sir. I'm going to PM you also.
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