awgee_IHB
New member
IR is the "cockeyed optimist" according to CNBC. At last CNBC has got something right.
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Headlines...
- Thread starter effenheimer_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
Found the full article here:http://www.zmag.org/znet/viewArticle/21007
Totally agree with Awgee - its a must read.
Meanwhile Home Gallery Magazine (you know the glossy house pimpin' rag) for the IE has pages of homes listed with lines like $643 per month*** for 3bd, 3ba, SFR 1500F
That footnote, the ***, it's horrible...
*** based on 3.5% down, 5.5% FHA 30 year fixed, PITI, PMI & 5.876% APR.
Yes. That's right, payment, taxes, and PMI for under $700/month. It's not one home. It's page after page that will take $3000 and a $30,000/yr income to buy.
Or maybe you'd just like to use your planned down payment for a cruddy Irvine townhome to buy it free and clear and still have money left over to remodel the kitchen...
Maybe you want bigger, how about $1242/mo*** for 4/4 SFR in 3100sf. That one is horrible, it's going need $5500 down to do the deal.
Oh no, the panic is ending... Three new swine flu deaths in Mexico! Oh wait, it's only the 19th death in Mexico from the flu. The panicked breathless reported of probable deaths last week was once again erroneous. Instead of thousands of cases and hundreds of deaths, it's a few hundred cases and 19 deaths...
awgee_IHB
New member
And you thought jingle mail was extreme. Now, the banks are walking away and not even bothering with foreclosure.
morekaos_IHB
New member
The truth will set you free. Jim Klinge and Lawrence Roberts are my heroes. We all owe guys like this a big debt (pardon the pun) of gratitude.
CARLSBAD, Calif. — Sometimes the truth hurts. Real estate salesman Jim Klinge doesn't care.
CARLSBAD, Calif. — Sometimes the truth hurts. Real estate salesman Jim Klinge doesn't care.
awgee said:
Found the full article here:http://www.zmag.org/znet/viewArticle/21007
Totally agree with Awgee - its a must read.
Dejnov_IHB
New member
Hi guys,
Long time lurker, low level poster here, but I think I've got some interesting news to share with the community.
Mr. Mortgage is back and has a new website up, and he's talking about the wave of foreclosures coming in June.
Here's the link:
CA Foreclosures About to Soar
Dejnov.
Long time lurker, low level poster here, but I think I've got some interesting news to share with the community.
Mr. Mortgage is back and has a new website up, and he's talking about the wave of foreclosures coming in June.
Here's the link:
CA Foreclosures About to Soar
Dejnov.
No_Such_Reality_IHB
New member
Fed to Banks: Keep Mum on Stress Test Results
Disgusting. The Government induces hiding the truth...
Disgusting. The Government induces hiding the truth...
usctrojanman29_IHB
New member
Does it really matter when we know what the results of these so-called stress tests will be? Especially since it is the banks who will doing those stress tests, what a freaking joke.No_Such_Reality said:
roundcorners_IHB
New member
profette_IHB
New member
Oh Noes!
Treasury says about $110B left in bailout fund
WASHINGTON – Only $109.6 billion in resources remain in the government's $700 billion financial rescue fund.
But Treasury Department officials said Tuesday they expect the fund will be boosted over the next year by about $25 billion as some institutions pay back money they have received. That would boost the total to $134.6 billion.
Treasury says about $110B left in bailout fund
WASHINGTON – Only $109.6 billion in resources remain in the government's $700 billion financial rescue fund.
But Treasury Department officials said Tuesday they expect the fund will be boosted over the next year by about $25 billion as some institutions pay back money they have received. That would boost the total to $134.6 billion.
PeterUK_IHB
New member
awgee said:
freedomCM_IHB
New member
Does a bigger steaming pile exist?
No_Such_Reality_IHB
New member
halfnote19 said:
Meanwhile Home Gallery Magazine (you know the glossy house pimpin' rag) for the IE has pages of homes listed with lines like $643 per month*** for 3bd, 3ba, SFR 1500F
That footnote, the ***, it's horrible...
*** based on 3.5% down, 5.5% FHA 30 year fixed, PITI, PMI & 5.876% APR.
Yes. That's right, payment, taxes, and PMI for under $700/month. It's not one home. It's page after page that will take $3000 and a $30,000/yr income to buy.
Or maybe you'd just like to use your planned down payment for a cruddy Irvine townhome to buy it free and clear and still have money left over to remodel the kitchen...
Maybe you want bigger, how about $1242/mo*** for 4/4 SFR in 3100sf. That one is horrible, it's going need $5500 down to do the deal.
No_Such_Reality_IHB
New member
Swine Flu enters dangerous new phase...
The panic drums continues to beat.
The excuses for the economy are already appearing.
welcome to the State of Fear...
The panic drums continues to beat.
The excuses for the economy are already appearing.
welcome to the State of Fear...
morekaos_IHB
New member
No_Such_Reality_IHB
New member
No_Such_Reality said:
Oh no, the panic is ending... Three new swine flu deaths in Mexico! Oh wait, it's only the 19th death in Mexico from the flu. The panicked breathless reported of probable deaths last week was once again erroneous. Instead of thousands of cases and hundreds of deaths, it's a few hundred cases and 19 deaths...
morekaos_IHB
New member
morekaos_IHB
New member
The fate of California.
Millionaires Go Missing
One-third of the millionaires have disappeared from Maryland tax rolls. In 2008 roughly 3,000 million-dollar income tax returns were filed by the end of April. This year there were 2,000, which the state comptroller's office concedes is a "substantial decline." On those missing returns, the government collects 6.25% of nothing. Instead of the state coffers gaining the extra $106 million the politicians predicted, millionaires paid $100 million less in taxes than they did last year -- even at higher rates.
Millionaires Go Missing
One-third of the millionaires have disappeared from Maryland tax rolls. In 2008 roughly 3,000 million-dollar income tax returns were filed by the end of April. This year there were 2,000, which the state comptroller's office concedes is a "substantial decline." On those missing returns, the government collects 6.25% of nothing. Instead of the state coffers gaining the extra $106 million the politicians predicted, millionaires paid $100 million less in taxes than they did last year -- even at higher rates.