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I would think rent would not decrease until houses catch up with rent prices. Nothing in renting has changed. People who rent are still in good shape. Now if a 2 bedroom purchased drops cheaper then rent I could see it.

So lets say you have a small condo and you bought it in 06. Now in 09 you decide to rent it out and buy a cheaper single family house. The condo is negative $100K. Would you still be able to get another loan if you showed your assets negative?? Just courious how this will impact people since we...

My friend got a letter yesterday saying they are suspending their equityline. The reason was due to lowering house value. I told her a few months back take what you need so they were to late. So they really can do this?

I feel everyone is at fault from govt, lenders, to the customer who signed the application. Why waste even more money. It's a little late now.

Gig is only up when you lose the equity and your over 80% DTI Ratio. He looks good but most HELOC's are still high so how is he getting 5.25??

How is ING Direct? Are they in good shape.?

<strong>My choice would be a 4 Month World Cruise!!!</strong>

Cool thanks

<p>I have a friend who is in the process. They owe $380K on 1st and &100K on 2nd. Wells Fargo is the 2nd and says even if she files BK she still owes the money? How does this work?? She heard their was a new BK law in 06. </p> <p> </p>

I live in Woodbury Lane and love it. I have been there for over a year. I started in a 1 bedroom and upgraded to two bedroom. I had the more open plan with the one bedroom ( wood in dinning room) and felt it had more light. I now have the other plan and it feels like a shoe box. Maybe it would...

I am currently buying a Disney Timeshare and I'm a travel agent. Very few are worth their money. I like Disney because they control resale. Also, Disney hotels are expensive and only go up in price. Great example Disney is the only company with no 800# to book a vacation. They don't need one...

My sister is very Organic and she has been off the microwave for sometime. She would tell you the milk is bad too if its not Organic. Your sheets are also bad if the baby is not sleeping on organic. I could go on and on and on. To many things will give us a disease or kill us. What can you...

Property Shark- Is it just for LA County??

How was Rancho Veracruz?? Any problems. Its my favorite condo complex. I want to purchase once prices fall.

1-Hillary will win!! ( I'm running for a delegate position (DNC) so please vote :) ) 2- 20-30% prices continue to fall in the OC. If banks continue to require proof of income and down payments. If not 10% 3- The name WAMU and Countrywide will not exist in 09. 4- I will own a home by the...

Wow they showed the loss at the end of the show. -130K

It's on TV again tonight. Why is this show still on? The dream is over.

<p><em> "would be piss if the SFR for a huntington beach or irvine will cost only 250k or 350k. because i would be able to afford one. but to be honest.... i don't see those house dropping that much.... maybe santa ana or corona."</em></p> <p><em></em></p> <p>With proof of income and down...

I remember as a kid if you took water from the tap you had to wait a minute for it to clear. I think its the reason why I hate water and love soda. I think I will stay to bottled water for now.

Were going to get upgraded homes!! Many people took cash out to fix their places up.