Posted by rengel/CA on 10/18/07 12:18pm
Msg #217151
Now this is getting rediculous
http://www.newsweek.com/id/52608?GT1=10450
The whiners are coming out !!!
|
Reply by rengel/CA on 10/18/07 12:19pm
Msg #217152
and yes, I CAN spell ridiculous : ( n/m
|
Reply by CJ on 10/18/07 1:11pm
Msg #217161
He should be grateful he is not in foreclosure.
I signed someone last week: seller's docs. They had an adustable with a 3 year PPP. Their loan officer PROMISED that in 3 years, they could refinance at a better rate. Back then they had $25K equity, but the value of their house went down, and now they have no equity, so they don't quailify for anything. They were GRATEFUL that they found a buyer for their house, instead of forclosing, and they are going to move into an apartment.
|
Reply by Charles_Ca on 10/18/07 2:00pm
Msg #217164
Must have been a slow nesday in Fl.
The author is really reaching. Nowhere does he give concrete figures. The guy is a contractor and admits that he drew the house plans, no contractor, no architect. If he "dropped about $750,000" on the house the value is probably more like $130,000. We don't know when he built it but according to the article the values rose over 50% in 5 years and are now dropping at 19% per year how long iwll they drop, a year. This happens in the housing market the money this guy is losing he never had its all on paper and he is still substantially ahead of the game. Please, spare me the crocodile tears!
|
Reply by JanetK_CA on 10/18/07 2:39pm
Msg #217170
Re: Must have been a slow nesday in Fl.
"Please, spare me the crocodile tears!"
I couldn't agree more. Just reinforces the idea that your house should be a home - a place to live - not to be confused with an investment. I think it's at least partly this kind of greedy thinking that got us into this mess to begin with.
|
Reply by rengel/CA on 10/18/07 3:21pm
Msg #217181
Re: Must have been a slow nesday in Fl.
my sentiments exactly!
|
Reply by ZeeCA on 10/18/07 2:30pm
Msg #217167
I wish i had his probs.... and look at all that land for
tortoises... how many I could have!!!!!!
|
Reply by rengel/CA on 10/18/07 3:20pm
Msg #217180
Re: I wish i had his probs.... and look at all that land for
It was such a pleasure meeting "the girls." They are fun to hang with.
|
Reply by ZeeCA on 10/18/07 3:39pm
Msg #217187
Re: I wish i had his probs.... and look at all that land for
Thanks! they were on their best behavior... lol
it was great to see you and BT... all the pics came out great... I will be sending them out later on this week.....
I would say come and play anytime but soon they will be hibernating
|
Reply by jba/fl on 10/18/07 4:34pm
Msg #217193
There are prob. many turtles living there already -
gopher, snapping and a few others I haven't thought of off the top of my head. The gophers are protected; I spend a lot of time taking them off the roads during mating season so that they can proliferate at will.
|
Reply by ZeeCA on 10/18/07 8:07pm
Msg #217219
aww J you is so kind to the critters! n/m
|
