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  1. M

    Stop the torture of down payments !!!

    <p>National Mortgage News</p> <p>2003 Circulation: 100,000</p> <p>2008 Circulation: 100</p>
  2. M

    IHB Marathon Team?

    <p>Anybody do this?</p> <p>The weather was great for running (with the exception of a downpour at around 10:00).</p>
  3. M

    Messages to sellers

    <p>"If the house still doesn't sell by then, I would have saved 3 years worth of rent, then I can let the bank foreclose on the house. So please, whether I sell today or three years from now makes no difference to me. I'll just simply trade my good credit for 3 years of free living."</p>...
  4. M

    Impact of foreign buyers on US housing market

    The foreigners won't be buying properties here if they can read English and read this blog!
  5. M

    Local business slowdown stories

    <p>An aquantance is working at a clothing retailer in the Brea Mall. At the end of each day they compare their sales for the day with sales from the same day last year. This holiday season they are consistantly selling less than they did last year. It is not too much less, but they are/were...
  6. M

    Irvine Condo Battles

    <p>TS, I meant no hostility to you (or any Asians).</p> <p>As Trooper pointed out, realtORS like to (or I should say, used to like to) say that foreigners with lots of money will keep the demand for housing elevated. Although, now it appears that this isn't true. </p> <p>To help drain my...
  7. M

    Irvine Condo Battles

    <p>TS, it's very rude of you to not be buying right now. After all, the RE industry has indicated that the Asians with suitcases full of money will be buying properties and keeping the prices elevated.</p> <p>Please buy now! And thank your friend for cooperating. I'll bet she's happy right...
  8. M

    Herb Greenberg Blog...really scary

    <p>"Hi, my name is Mark Hanson. I made a fortune selling loans to people which I knew were unreasonable and then shorted the mortgage companies to make even more money! And know I'm going to talk about it!"</p> <p>Where would our country be without these productive citizens?</p>
  9. M

    What may happen to those Irivine Urban Living Condos...

    <p><em>"Designed and funished by ethan Allen..."</em></p> <p>After this debacle, ethan should spell his last name with a lowercase too.</p>
  10. M

    Lennar slows down 2 O.C. projects

    <p>"We are under no pressure to sell strong assets into a weak market, especially where the market's long-term prospects remain favorable." </p> <p>Of course, he ain't gonna come out and say, "we gotta sell these things or we are in trouble!"</p>
  11. M

    Should we feel sorry?

    <p>"I was hoping though that the lender would rewrite my loan at the current value with lower monthly payments. is that common at all?"</p> <p>Amazing! I'm absolutely speechless. You could ask a 3rd grader if banks will just give you money <em>because</em> they are banks (where the money is)...
  12. M

    Question: Will the Santiago Fire dissuade people from buying in Portola Springs and Orchard Hills?

    <p>"Take take take then when it's time to pay, make excuses and pull out."</p> <p>A very successful business model. It helped make Buffett rich(er) and he knows a thing or two about businesses that make money!</p>
  13. M

    Supply and Demand, Sunny CA

    <p>Interesting article in the LA Times today (California section, I believe). This is the 5th year of declines in student enrollement in LA public schools. There are about 50,000 less students from 5 years ago!</p> <p>Some have transferred to charter schools, which have exploded in...
  14. M

    Would you help out a neighbor?

    <p>Wouldn't that be a riot if this happened to IR?</p> <p>He's walking his dog and a neighbor who is just a casual acquaintance oblivous to the blog asks IR's opinion about home sales. The neighbor, "So, do you follow the housing market that much?"</p>
  15. M

    Avenue Q: Schadenfreude

    That song is hilarious!!!!!!! "F U lady, that's what stairs are for..." LOL!!!!!!! Just terrible.
  16. M

    Timeline of Gov't Credit Crunch Response

    <p>LOL!!!!!!!!!!!!</p> <p>That is hilarious IR!!!!!!!!!!!!</p>
  17. M

    Is walking away from Investment Properties the same?

    <p>Tell you friend to write the authors of Rich Dad/Poor Dad and ask them what to do. </p> <p>"Hey, I followed the advice of your stinkin' book and now I'm broke! WTF should I do?"</p>
  18. M

    Beach Condo

    I'm sure you could get something right now for that right on PCH in the LBC. Of course, you'll probably get shot...
  19. M

    Costa Mesa Flip That House

    <p>That is a huge drop! Wow! I just looked at the listing a couple days ago and it must have dropped right after that.</p> <p>That would be something if it dropped to what they paid for it in February, 635K. All that "work" for nuffin'.</p> <p>Now, if they do sell it at a huge loss, then...
  20. M

    Losses Outside of Irvine

    <p><strong>"Garage has been converted can help with extra income.</strong> "</p> <p>Garage has been converted? To what, an ATM?</p>
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