tag:blogger.com,1999:blog-18675105.post5882158075219845536..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: FLASH: Mortgage Defaults Spread Beyond Sub-Prime Loansbloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger40125tag:blogger.com,1999:blog-18675105.post-70552671416527067622007-03-09T06:05:00.000+00:002007-03-09T06:05:00.000+00:00It's illegal for an agent to not inform a property...It's illegal for an agent to not inform a property owner of ANY offers made on their property. If you did indeed make an offer on the property and you know for sure it wasn't presented to the owner, you can contact the state realtor's association and report them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-59511961160512575272007-03-09T01:24:00.000+00:002007-03-09T01:24:00.000+00:00Sinis - you are an embarrassment to the HP communi...Sinis - you are an embarrassment to the HP community.<BR/><BR/>You regurgitate without thinking. You pose as a virtual tough guy.<BR/><BR/>PatheticAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-47990971161302918922007-03-08T23:45:00.000+00:002007-03-08T23:45:00.000+00:00sinis,You sound like a very bitter and angry perso...sinis,<BR/><BR/>You sound like a very bitter and angry person. Your tone hints at a very unhealthy anti-woman streak too.<BR/><BR/>You do know that you can buy a home without a real estate agent right? If she's not telling the sellers of your offers here's a thought...go know on their door and say I want to buy your house for $XYZ. Why don't you do that tough guy and see how it works out for you? Wait unless you were stupid enough to sign an exclusivity contract with a buyer's agent...were you? Please say it aint so Joe, because if you did you may well be the stupidest person alive.<BR/><BR/>You are of course full of shit though. You aren't lowballing anyone since you couldn't qualify for a loan on a Big Mac meal let alone a $269K home on your $6.25 an hour job.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-28048719354444224312007-03-08T22:34:00.000+00:002007-03-08T22:34:00.000+00:00HAHAHA, I have been lowballing (actually using tim...HAHAHA, I have been lowballing (actually using time and tested true market values given inflation, etc. to arrive at a fair price) a local RE whore. She NEVER EVER even tells the clients the offers I am making, she says her clients may not like it, and expect more. Fucking cunt!! Anyway, she tells me that appearently I do not understand the market and that she would like me to come in. This is what I reply to her: <BR/><BR/>"Oh, I think I understand the market quite well. In fact I have a friend who is an RE agent, in Phoenix who has told me the sad conditions of that city and the plethora of unsold vacant homes. I will just keep checking back periodically, but I you can rest assured that by 4q 2007 things won't be rosy and your clients will (if not already) be desperate to sell. 'Till then. Look forward to when cash is king in a sane non-bubblicious market - as I'm sure you are quite aware of the sub prime meltdown in housing and its overall future banking and market affects.<BR/> <BR/>Have a nice day."<BR/><BR/><BR/>When you have a fucking home that was bought for 120K in 2001 and they want 269K today, there is something VERY wrong. So to the RE bitch - don't tell me that I don't understand the bullshit sandwich you keep feeding people. I am almost tempted to write the different people who are selling their homes, based of recorder info., and explain to them that their RE whore is not giving them my offers. Then tell them we can do business togther without the whore and save everyone 6%. Then again if they refied the shit out of their stucko-shit-box, they may not have any choice but to sell for 269K. Funny thing is that the listing for the two homes I was looking at were on the market for months. Gee, RE bitch, you think they will ever sell?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-16965592873268130622007-03-08T22:23:00.000+00:002007-03-08T22:23:00.000+00:00Anon said:"Democrats don't care much who votes in ...Anon said:<BR/><BR/>"Democrats don't care much who votes in national elections. Illegals, convicts..anyone can vote and don't you dare try to check ID."<BR/><BR/><BR/>Doesn't the democrat saying go "Vote early and often"?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-26611603543748918952007-03-08T21:32:00.000+00:002007-03-08T21:32:00.000+00:00year-to-date (as of yesterday):nasdaq down -2%dow ...year-to-date (as of yesterday):<BR/><BR/>nasdaq down -2%<BR/>dow down -2%<BR/>DHI down -7%<BR/>TOL down -9%<BR/>MER down -12%<BR/>CFC down -13%<BR/><BR/>...and just for fun<BR/><BR/>NEW down -84% (not counting the -25% savaging it had today)...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-83902523182593164972007-03-08T21:23:00.000+00:002007-03-08T21:23:00.000+00:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1548066432975288572007-03-08T20:03:00.000+00:002007-03-08T20:03:00.000+00:00>> No one IN THE WORLD was smart enough to see thi...>> No one IN THE WORLD was smart enough to see this coming.<BR/><BR/>I think most teenagers saw it coming. Afterall, don't they know everything?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-77374790965947533832007-03-08T20:01:00.000+00:002007-03-08T20:01:00.000+00:00>> From now on the law needs to be 20% down min, 3...>> From now on the law needs to be 20% down min, 3x income max on all mortgages. 20% down min, 5 year loan max on all cars would be good as well. The cycle of debt must be ended.<BR/><BR/>Q: But, but, but - how will people be able to afford homes and cars?<BR/><BR/>A: They won't. Fuck 'em.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-62472170421811564072007-03-08T19:35:00.000+00:002007-03-08T19:35:00.000+00:00"...providing false information to induce lenders ..."...providing false information to induce lenders to advance more money than homes are worth."<BR/><BR/>False information is a serious problem for all industries.J Shttps://www.blogger.com/profile/11564972924603939055noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-30923158407348224432007-03-08T19:33:00.000+00:002007-03-08T19:33:00.000+00:00That's because many people with otherwise good cre...That's because many people with otherwise good credit borrowed more money than they should have to purchase their houses. As my brother pointed out; "Anyone making $30K a year should NOT be buying a $400K house". <BR/><BR/>Rule of thumb: A house should be only 2-3 times your income and no more than 25% of your monthly bills. Anything else spells trouble.Jiphttps://www.blogger.com/profile/15852596522960937217noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-52431801444528058152007-03-08T19:23:00.000+00:002007-03-08T19:23:00.000+00:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-72412299509559056992007-03-08T19:22:00.000+00:002007-03-08T19:22:00.000+00:00Nice to see the slimeballs ( I-Bankers, Hedgees, n...Nice to see the slimeballs ( I-Bankers, Hedgees, nar, realtors, mtg brokers, builders, appraisors) getting it up the @$$ with these scummy loans.<BR/><BR/>The housing market-slumbloan market in meltdown.<BR/><BR/>YEAH!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-44060420017564993232007-03-08T19:16:00.000+00:002007-03-08T19:16:00.000+00:00IM A RENTINGIM A RENTINGAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-44466918253821657702007-03-08T18:59:00.000+00:002007-03-08T18:59:00.000+00:00Hey, I think Casey might have finally got it... or...Hey, I think Casey might have finally got it... or forgot to pay his bill again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-39816033432700523762007-03-08T18:50:00.000+00:002007-03-08T18:50:00.000+00:00How about this - the lenders send their own apprai...How about this - the lenders send their own appraisers for $300? Nah, that would be too expensive on an $800K loan.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-15837471392156341942007-03-08T18:41:00.000+00:002007-03-08T18:41:00.000+00:00Alt-A = Ctrl+Shift+Delhaha get it?? get it????? co...Alt-A = Ctrl+Shift+Del<BR/><BR/>haha get it?? get it????? compooter jokes!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-25810915204114459422007-03-08T18:28:00.000+00:002007-03-08T18:28:00.000+00:00Palatine Il 02-2006 sold 67 mp $247,000.00 01-...Palatine Il <BR/><BR/>02-2006 sold 67 mp $247,000.00 <BR/>01-2006 sold 113 mp $239,000.00 <BR/><BR/>02-2007 sold 34 mp $224,000.00 <BR/>01-2007 sold 50 mp $234,000.00 <BR/><BR/>Listed on Zipreality.com 786 properies<BR/>That is 12 months supply !<BR/>What they are thinking?<BR/><BR/>PitAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-88743004748177503952007-03-08T18:18:00.000+00:002007-03-08T18:18:00.000+00:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-22289077426815952452007-03-08T18:01:00.000+00:002007-03-08T18:01:00.000+00:00Alt-A Atrocity?we better start thinking of a good ...Alt-A Atrocity?<BR/><BR/>we better start thinking of a good prime name also.<BR/><BR/>Maybe something Shakespearian..."The Plummet of the Prime"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-45445587034474863562007-03-08T17:43:00.000+00:002007-03-08T17:43:00.000+00:00Time for CLT-ALT-DELETE more like it.Time for CLT-ALT-DELETE more like it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-30192306859233137612007-03-08T16:46:00.000+00:002007-03-08T16:46:00.000+00:00DOW UP!!NASDAQ UP!!CFC UP!!MER UP!!DHI UP!!TOL UP!...DOW UP!!<BR/><BR/>NASDAQ UP!!<BR/><BR/>CFC UP!!<BR/><BR/>MER UP!!<BR/><BR/>DHI UP!!<BR/><BR/>TOL UP!!<BR/><BR/>GOLD...DOWN!!<BR/><BR/>SILVER...DOWN!!<BR/><BR/>Is the panic starting yet HPers?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-4616802634793805862007-03-08T16:25:00.000+00:002007-03-08T16:25:00.000+00:00Democrats don't care much who votes in national el...Democrats don't care much who votes in national elections. Illegals, convicts..anyone can vote and don't you dare try to check ID.<BR/><BR/>Now they have taken that same thinking to votes on unionization. They passed a bill that would make secret ballots a thing of the past. If they are so sure workers really want unionization, why are they afraid of a secret ballot? Simple answer of course. So that union goons can intimidate those who dare go against their directive.<BR/><BR/>http://newsbyus.com/more.php?id=<BR/>7442_0_1_0_M<BR/><BR/>Any of you "I love American workers and don't shop at Walmart" types see anything wrong with this?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-55035232351340079662007-03-08T16:23:00.000+00:002007-03-08T16:23:00.000+00:00The Great Mexi-Melt.....yum!The Great Mexi-Melt.....yum!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-83444885888026611842007-03-08T16:06:00.000+00:002007-03-08T16:06:00.000+00:00jj,I like that,Alt-ARM-ageddon or Alt-A-ARMageddon...jj,<BR/><BR/>I like that,<BR/><BR/>Alt-ARM-ageddon <BR/><BR/>or <BR/><BR/>Alt-A-ARMageddonAnonymousnoreply@blogger.com