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Posted by Alan on 11/14/09 at 04:49 PM

I’m wondering about the “3rd bedroom can be used as a den or an office or formal dining area.”
Would you really have a bedroom located off of the kitchen? Or would the dining room be up on the top floor with a little window? Sounds liké quite a strange floor plan.

Posted by Gemina13 on 11/14/09 at 06:16 AM

Who thought the toilet paper roll would be a good staging prop?  Classy.

And steam-cleaning the carpets before taking pictures wouldn’t have hurt either.  I can’t believe the condition of many houses that realtors will show—it’s as if they believe that, no matter how trashed the place looks, someone will still pay the asking price.  Who knows, maybe they’re right.

Posted by newbie2008 on 11/14/09 at 08:18 AM

“ALL CONTRACTS/OFFERS ARE SUBJECT TO SELLER SENIOR MANAGEMENT APPROVAL AND ANY OFFERS OR COUNTER OFFERS BY SELLER ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES. ALL OFFERS ARE SUBJECT TO AND CONTINGENT UPON FINAL REVIEW AND ACCEPTANCE BY THE INVESTOR AND OR MORTGAGE INSURER. THERE IS A $75 DOC FEE PAID BY BUYER AT CLOSING.”

It’s almost worded like a short sale.  If your the realtor, would you invest in the staging or want the owner to do it?

Only $400 per month in condo and MR fees.  What will the condo association cover with the increasing defaults on HOA fees?  Without 3.5% downpayment loans on condo, condo prices are on a downward spiral.  If BO had 3.5% down loans on condos has he has on houses, one could bid up the price, use the loan and walk away in 18 months. Then the bank could repeat the cycle one more time to have a “good economy” before the next presidential election.

What exactly is the US exporting?  Food and manufacturing technology and existing tooling?

Posted by ME on 11/14/09 at 10:13 AM

Our jobs!

Posted by AbroadThankGod on 11/14/09 at 11:09 AM

I’d like to encourage everyone here to see COLLAPSE. I saw it last night and it’s absolutely terrifying. (www.collapsemovie.com)

Is Michael Ruppert crazy? Maybe. Do some of his arguments border on crackpot. Probably. Does his fundamental logic about peak oil and overpopulation hold water. Absolutely.

If you consider the fallout of this logic you really have to wonder if getting a 30 year loan for half a million dollars is the right thing to be doing at this point in history.

Posted by LC on 11/14/09 at 01:17 PM

No. 2 export to China from California is garbage—no,  no, I mean literally trash—waste and scrap.
http://www.businessinsider.com/chart-of-the-day-californias-exports-to-china-2009-11

Posted by scott on 11/14/09 at 02:20 PM

I thought this was a steal, but then I saw the $75 document review fee and said this is out of my price range.

Posted by Chris on 11/15/09 at 02:15 AM

Don’t forget USD as well. We’re the new Yen for carry trade.

Posted by Tech Dude on 11/15/09 at 10:32 AM

I have a question - here on this blog sometime when a property is sold someone comes on here and lists properties in the area that are behind on payments or is financial distress.

How do you get that data?  Is that a paid service or is there something available on-line?

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