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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (33138)	6/11/2005 12:30:03 PM
From: 10K a day	Respond to of 306849

i would suggest fire insurance and maybe a gallon of gasoline.

To: bentway who wrote (33138)	6/11/2005 12:35:45 PM
From: JBTFD	Read Replies (1) \| Respond to of 306849

Didn't someone say there is no deficiency judgement on purchase money loans in CA? Why not just walk away? Give the house back to the bank.

To: bentway who wrote (33138)	6/11/2005 12:49:34 PM
From: X Y Zebra	Respond to of 306849

When prices decline in the bubble markets, every speculator will find himself in these guy's position. Your advice to them is to keep paying and hold for 20 years? i am NOT in the advice giving business. show me where do i specifically say... "my advice is.... blah bah blah...." all i a have been saying is to tone down the 'sky is going to fall' tone in reference to the RE market and bubble and to stop comparing it to an equities market. no more no less... stupid business decisions and the ensuing even stupider ones can happen in bubble and non-bubble situations.... i do not give advice at all.

To: bentway who wrote (33138)	6/11/2005 12:49:52 PM
From: John Vosilla	Read Replies (3) \| Respond to of 306849

That one is an interesting story and picked up by a lots of proponents of a housing crash so a ton of fireworks from both camps. The latest thread started by him shows him doing a restructured family partnership. Possible if you have deep pockets and low expectations, something lacking by many in today's RE bubble markets. real-estate-online.com