Juneboarder
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Tue Dec-23-08 04:23 PM
Response to Reply #22 |
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Yea... you can really trust that banker and Realtor that both say to look back to 1997. If people in the industry are saying that then add ten years to the equation. Those Realtors and brokers were saying that there is no bubble 1-2 years ago.
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| -Nearly 30 Percent of San Diego Mortgages Underwater |
MindPilot |
Dec-22-08 08:48 AM |
#0 |
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Luckily we only owe another 12K on ours. |
hobbit709 |
Dec-22-08 08:54 AM |
#1 |
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frightening |
xchrom |
Dec-22-08 08:54 AM |
#2 |
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Can't come back from that. |
Phred42 |
Dec-22-08 08:59 AM |
#3 |
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The putrid fruit of republiconomics |
SpiralHawk |
Dec-22-08 09:00 AM |
#4 |
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Fleeting "plus side" |
notesdev |
Dec-22-08 09:03 AM |
#5 |
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Yea... exactly!! nt |
Juneboarder |
Dec-22-08 11:48 AM |
#17 |
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People really should inspect the property before they buy. |
Warren Stupidity |
Dec-22-08 09:06 AM |
#6 |
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This is California |
XemaSab |
Dec-22-08 09:45 AM |
#9 |
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"Is it on fire?" |
MindPilot |
Dec-22-08 02:11 PM |
#31 |
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What were they thinking... |
4dsc |
Dec-22-08 09:15 AM |
#7 |
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That's exactly the situation in my neighborhood |
MindPilot |
Dec-22-08 02:21 PM |
#32 |
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a third is overwhelming number |
tomm2thumbs |
Dec-22-08 09:18 AM |
#8 |
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It's a "gee whiz" number and probably far from accurate |
slackmaster |
Dec-22-08 09:56 AM |
#11 |
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As someone who works with real estate data, I have to point out a likely flaw in that figure |
slackmaster |
Dec-22-08 09:55 AM |
#10 |
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I'm sorry, but you're kidding yourself |
PSPS |
Dec-22-08 10:40 AM |
#12 |
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My situation is not the point at all |
slackmaster |
Dec-22-08 12:03 PM |
#23 |
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sorry but I don't trust a damn thing a realtor says |
happylib |
Dec-22-08 01:32 PM |
#30 |
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What was said by what realtor to prompt your response? |
slackmaster |
Dec-22-08 03:01 PM |
#36 |
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Great points: Your last line should include that a lot of stupid people |
Ozma |
Dec-23-08 03:51 PM |
#48 |
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The smart ethical ones are driven out, it's cocktail-partying that counts. |
Waiting For Everyman |
Dec-23-08 04:13 PM |
#50 |
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Thanks for the analysis. |
wolfgangmo |
Dec-22-08 10:47 AM |
#13 |
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The quoted estimate is definitely high, but I can't begin to guess by how much |
slackmaster |
Dec-22-08 12:02 PM |
#21 |
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Well good for those that bought in 1994 |
4dsc |
Dec-22-08 11:51 AM |
#18 |
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Being under water is not important if you can keep up with the payments |
slackmaster |
Dec-22-08 12:05 PM |
#25 |
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Your "debt load" isn't the point. |
Ozma |
Dec-23-08 03:54 PM |
#49 |
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You are missing the point - I guess using my situation as an example was a mistake |
slackmaster |
Dec-23-08 04:22 PM |
#52 |
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SANDY EGGO... home of California GOP Base---> Bwahahaha! Duke Cunningham...SWIM U CROOKS!!! |
happygoluckytoyou |
Dec-22-08 11:33 AM |
#14 |
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We aren't all crooks down here!! |
Juneboarder |
Dec-22-08 11:51 AM |
#19 |
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Right! I lived there in the 90's and I found SD City and County to be wonderful |
Ozma |
Dec-23-08 04:20 PM |
#51 |
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Actually San Diego county went blue just before the election |
MindPilot |
Dec-22-08 02:29 PM |
#33 |
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Excuse me... |
YvonneCa |
Dec-22-08 10:41 PM |
#44 |
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San Diego is a conservative area, so a lot of Bush true believers .... |
hadrons |
Dec-22-08 11:34 AM |
#15 |
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SD is a conservative county |
Juneboarder |
Dec-22-08 11:53 AM |
#20 |
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San Diego County voted No on Proposition 8 |
slackmaster |
Dec-22-08 12:04 PM |
#24 |
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Its mostly politically conservative, not so much socially |
hadrons |
Dec-22-08 04:02 PM |
#40 |
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One of our new gay council members is a Republican |
slackmaster |
Dec-22-08 04:51 PM |
#41 |
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Which one? |
MindPilot |
Dec-22-08 05:09 PM |
#42 |
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Carl DeMaio is a gay GOPer, District 5 |
slackmaster |
Dec-22-08 05:23 PM |
#43 |
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So are a lot of Democrats. n/t |
YvonneCa |
Dec-22-08 10:42 PM |
#45 |
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Ouch! |
Juneboarder |
Dec-22-08 11:47 AM |
#16 |
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"If you sell right now you're by definition either distressed or stupid" is a crock of shit. |
truthisfreedom |
Dec-22-08 12:02 PM |
#22 |
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HaHaHaHa!!! |
Juneboarder |
Dec-23-08 04:23 PM |
#53 |
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Remember the $500k SLUM House? What a Shock |
Crisco |
Dec-22-08 12:06 PM |
#26 |
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Please, the word "slum" is so, well, like, not cool. |
MindPilot |
Dec-22-08 02:35 PM |
#35 |
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I bought in 2002, no 2nd, and I'm underwater |
tomhayes |
Dec-22-08 12:29 PM |
#27 |
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You did nothing wrong |
slackmaster |
Dec-22-08 12:41 PM |
#28 |
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$189,262 > $204,000 |
tomhayes |
Dec-22-08 03:22 PM |
#37 |
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Ouch |
slackmaster |
Dec-22-08 03:24 PM |
#38 |
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We have been "underwater" several times in our house |
SoCalDem |
Dec-22-08 02:32 PM |
#34 |
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If you can afford a house on one income, you are not ever |
Ozma |
Dec-23-08 04:30 PM |
#58 |
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I ended up with mine as the outcome of a divorce |
slackmaster |
Dec-23-08 04:37 PM |
#60 |
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"underwater" from the standpoint of the house being "worth" less than one owes |
SoCalDem |
Dec-23-08 05:40 PM |
#65 |
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You didn't do anything wrong |
Abq_Sarah |
Dec-22-08 03:55 PM |
#39 |
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Thanks, for helping me to explain to other why I moved to frigid Portland last month.... |
calipendence |
Dec-22-08 01:30 PM |
#29 |
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This is probably not as horrible as the fearmongers would like it to sound |
PurityOfEssence |
Dec-23-08 02:23 PM |
#46 |
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Hey, I gots an idea, why don't you STFU about things you don't know |
tomhayes |
Dec-23-08 03:34 PM |
#47 |
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Tell you another story.... |
WriteDown |
Dec-23-08 04:26 PM |
#54 |
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Hey dummy, I want to read more |
tomhayes |
Dec-23-08 04:28 PM |
#57 |
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No.... |
WriteDown |
Dec-23-08 04:34 PM |
#59 |
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How about, um, greater than or equal to 0% |
tomhayes |
Dec-23-08 04:40 PM |
#61 |
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You're off on a lot of points? |
WriteDown |
Dec-23-08 04:54 PM |
#62 |
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Says you |
tomhayes |
Dec-23-08 05:09 PM |
#63 |
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What condo is worth 330K? |
WriteDown |
Dec-23-08 05:15 PM |
#64 |
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Um, tomhayes is right. |
Waiting For Everyman |
Dec-23-08 06:40 PM |
#66 |
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Who needs to sell? |
WriteDown |
Dec-23-08 09:58 PM |
#67 |
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Anybody who sells in less than 30 years is a flipper, huh? |
Waiting For Everyman |
Dec-24-08 08:16 AM |
#68 |
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No.... |
WriteDown |
Dec-24-08 08:54 AM |
#69 |
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Great post! Yes, there's always a few here who don't know |
Ozma |
Dec-23-08 04:26 PM |
#55 |
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I see something nauseating in somebody's character too. |
Waiting For Everyman |
Dec-23-08 04:27 PM |
#56 |
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