Housing Bubble, credit bubble, public planning, land use, zoning and transportation in the exurban environment. Specific criticism of smart growth, neotradtional, forms based, new urbanism and other top down planner schemes to increase urban extent and density. Ventura County, California specific examples.
Thursday, July 12, 2007
The End Is Near
Hoping that crow is to your liking. As this chapter draws to a close I hope we can wrap up any loose endz. Fraudcast then haterzcast and running commentary here. Tomorrow solar tax credit proposals and why the exurbs will benefit most.
house buyers network wouldnt help someone with no equity on a liar loan because there is NOTHING for them to gain in the sale. They only make something when they can screw someone out of equity and these are usually hard working people (thats why they have equity to begin with) who cant pay their mortgage because of illness, unemployment and tragedy!!!!
hey johnny how much equity do you have in your home? if you die and your wife cant keep up with the payments and ends up in default dont worry HBN will come along and help her out. You worked hard to provide but someone will be there to save her by taking everything and then she can go search for an affordable apartment.
you really think he is helping people????? OMG, I know a family, hard working 8 kids, one of them severely ill and dying and father becomes unemployed by injury, unemployment runs out and guess what!!! They are in foreclosure with 60 days to pay up or get out!
They have owned the house 15 years, imagine the equity! So the options go like this- allow foreclosure and watch the bank sell it at less than its worth and gain nothing while ruining your credit or sell it to HBN and get nothing but save your credit and hope some day you can buy again.
SCREWED either way! But where is the favor?????????
They are either screwed buy the bank and on the street with FUCKED credit or Duane finds a buyer (which might get them some money too)and they are screwed with a better chance of rebuilding a life.
I rent at 1/2 the cost of owning the same house. I am sitting on a whole pile of money from the house I sold in early 2005.
When the housing market really tanks, I'll put in some massive focussed action. I'll pick up a nice place and probably a few rentals for some SWEET passive income.
My wife? She's a lot smarter than me. She knows the drill and can fend for herself.
No worries, mate! It's all good (especially the money part)!
P.S. You gotta love the stock market at a record! While housing tanks the stock portfolio is roaring.
"I see your point, but don't know if you are interpreting community property in the proper manner."
Nor do I. and it may have been my connection that caused the "flatness" I heard in Duane's voice.
But it just seems kinda dodgy that a husband can sell the ONE income-producing asset of a community-property marriage that may already be in legal separation.
Maybe she okayed,it,maybe she didn't.
"I think the proper interpretation would be that, in case of a divorce, Galina would be owed half of the proceeds of the sale."
IF she agreed to the sale...
Or turn it around...Casey would be owed half of that 20k.
Your friend's problem was that they followed the usual American way of dealing with any and all problems (which is to ignore them until they are large enough to smack you in the face). Had they began marketing the house shortly after the injury (that sucks and I'm sorry it happened) they probably could have gotten a price that would have preserved some of their equity. Forclosure usually begins 90-120 days after the last payment is made. Also, banks don't really want to reposess in the current environment and are pretty liberal with their forebearance policies, especially for temporary conditions (it's possible they will still grant a forebearance but if they waited until they were 2-3 payments behind the chances drop significantly).
Once someone gets this far behind the 8 ball, they are left with fewer and fewer alternatives, none of which are good! Duane's offer will preserve a credit rating which is valuable (and at this point their equity is effectively the banks so selling costs little compared to foreclosure).
Duane wants to fight internet trolls. they win again.
it's kind of funny how nacho closed the very first fraudcast asking casey if he'd open up monster.com. he said no, and she said ok i'm done. and now he says yes. so basically she nailed it.
News flash Sharky! Casey can sell ANY JOINT assets of the marraige. Galina is still liable for HALF the JOINT debt. She is also legally liable for HALF THE DEBT Bongo-bongotard accumulated during the marraige.
Unless and until a JUDGE decides what is what and divides it up...in divorce or legal seperation proceedings....and even then the creditors will SCREW HER MERCILESSLY on her credit rating.
She's fucked hard for marrying a moron fraud. Hammared shit. She has only herself to blame. She picked him. When she accepts that it will make her life easier.
Good luck with that!
She'll spend years digging out of this shit...if she ditches Casey it will be easier.
Johnny be shit.com, Yeah right. ShoveItUpYourAss.com Sweet cache back of utter insanity is a good fucking thingy. Well, on occasion it just might not be such a bad idea.
The suggestion from Holiday Inn that entertainment might be a good field for Casey gave me an idea...
He should approach Discovery Channel about joining Mike Rowe on Dirty Jobs. Think about, "World's Most Hated Blogger" made to work the dirtiest, most disgusting jobs. Ratings gold! They could totally play up the angle of how long he's done everything possible to avoid real work in the quest for passive income, and let everyone bask in the joy of watching him squirm. He better make a call before Paris Hilton gets an offer first.
Hoping that crow is to your liking. As this chapter draws to a close I hope we can wrap up any loose endz. Fraudcast then haterzcast and running commentary here. Tomorrow solar tax credit proposals and why the exurbs will benefit most.
250 comments:
«Oldest ‹Older 201 – 250 of 250exactly johnny so how could they have $10k in equity with a subprime loan that is in default from a fraud loan????
they do not!!!!! because they put nothing down!!!!!
200 and murst.
house buyers network wouldnt help someone with no equity on a liar loan because there is NOTHING for them to gain in the sale. They only make something when they can screw someone out of equity and these are usually hard working people (thats why they have equity to begin with) who cant pay their mortgage because of illness, unemployment and tragedy!!!!
Yeah, Scum, it's a troll.
But trolls are usually slightly informed about the topic on which they are commenting.
Whatever seems to have missed the whole housing bubble and thereby the whole point as to why Fliptard Murseboi is in the trouble he's in.
That crackho "T" woman needs to STFU.
hey johnny how much equity do you have in your home? if you die and your wife cant keep up with the payments and ends up in default dont worry HBN will come along and help her out. You worked hard to provide but someone will be there to save her by taking everything and then she can go search for an affordable apartment.
Whatever? Gain some instant credibility....how many underwater homeowners have YOU helped?
*crickets*
you really think he is helping people????? OMG, I know a family, hard working 8 kids, one of them severely ill and dying and father becomes unemployed by injury, unemployment runs out and guess what!!! They are in foreclosure with 60 days to pay up or get out!
They have owned the house 15 years, imagine the equity! So the options go like this- allow foreclosure and watch the bank sell it at less than its worth and gain nothing while ruining your credit or sell it to HBN and get nothing but save your credit and hope some day you can buy again.
SCREWED either way! But where is the favor?????????
So what's your point Whatever?
They are either screwed buy the bank and on the street with FUCKED credit or Duane finds a buyer (which might get them some money too)and they are screwed with a better chance of rebuilding a life.
What's your point Whatever?
HA, Whatever!!!
I rent at 1/2 the cost of owning the same house. I am sitting on a whole pile of money from the house I sold in early 2005.
When the housing market really tanks, I'll put in some massive focussed action. I'll pick up a nice place and probably a few rentals for some SWEET passive income.
My wife? She's a lot smarter than me. She knows the drill and can fend for herself.
No worries, mate! It's all good (especially the money part)!
P.S. You gotta love the stock market at a record! While housing tanks the stock portfolio is roaring.
no scum they do not find a buyer, they buy your house and then resell it. ALL PROFIT goes to them ONLY!
OR...they tell the bank and Duane to FO and sell the house for whatever the MARKET WILL BEAR.
Hah H AhH AHAH Ahah...I bet whatever hates that option.
@whatever
don't pick on Johnny. I'm right here. Sorry to scare you with numbers and math again, but here goes...
So if someone doesn't have any equity, they are forced to pay 6% to realtors out of pocket. THAT SUCKS!
Luckily, if someone as only 2% equity they can at least sell to HBN at breakeven.
So in many cases, the folks using HBN instead of realtors are the lucky ones.
dickhead.
I know a family, hard working 8 kids
They make the kids work? What kind of family is this? We ough to turn them into the authorities. I'm outraged.
grabby im a woman so you can shove that pindick up your own ass and stop referring to me as a man
Step aside, Gringo...Lemme at him.
" At 9:50 PM, Whatever said...
no scum they do not find a buyer, they buy your house and then resell it. ALL PROFIT goes to them ONLY! "
Then Duane is taking the risk he CAN resell at a profit and incurring the cost of money during the time it takes to sell.
Your argument is a blatant strawman because all the 'Debtor/homeowner' needs to do is sell the fucking house before calling Duane.
Lmfao, DUH!
Trolls are boring. Please focus on M. SINGH.
you will remember this when it happens to someone you know and then realize what an ass you are.
I want to highlight something that ocurred on the Fraudcast.
I asked Duane if he had bought the entire IAFF,or just Casey's share, California (is a community property state).
Duane's voice sounded very "flat" when he told me that he had purchased 100% of the property.
Would Casey sell something that wasn't entirely his?
Did Galina agree to allow her separated husband to look after her interests in the marital assets?
Did Duane fail to check for clear title?
He may just have bought himself half-a-domain.
" At 9:56 PM, Whatever said...
you will remember this when it happens to someone you know and then realize what an ass you are. "
No I won't because I don't have idiots in my social circle.
Grind your axe elsewhere. If this happened to someone YOU cared about why didn't YOU advise and help them SELL THE FUCKING HOUSE????
Troll.
In the end everyone is an ASSHOLE.
akubi:
I'm ALWAYS an asshole
Sharky,
I see your point, but don't know if you are interpreting community property in the proper manner.
My step-father can buy and sell cars w/o my mother's name on the title and without her signature during transactions.
I think the proper interpretation would be that, in case of a divorce, Galina would be owed half of the proceeds of the sale.
Just my opinion based on my knowledge of CA transactions.
Sort of silly that the kidz think otherwize.
Next Whatever will be explaining why SOMEONE should have bought every single house Casey had for sale with a profit for Casey.
LMFAO!
In the words of Spongebob Squarepants "Good luck with that!"
Personally,
I am a refugee in my own inner circle of butt plugz,
I like Froot Loops and infinite disasters.
no scum casey deserved to get screwed and every bit of justice that comes down on him but that doesnt make duane legate anybodys fucking hero!
gringo:
"I see your point, but don't know if you are interpreting community property in the proper manner."
Nor do I. and it may have been my connection that caused the "flatness" I heard in Duane's voice.
But it just seems kinda dodgy that
a husband can sell the ONE income-producing asset of a community-property marriage that may already be in legal separation.
Maybe she okayed,it,maybe she didn't.
"I think the proper interpretation would be that, in case of a divorce, Galina would be owed half of the proceeds of the sale."
IF she agreed to the sale...
Or turn it around...Casey would be owed half of that 20k.
P.S. Submarines rock my world. Where's the exis-special featured groovy gizmo BTW?
K, apparently it is time to drop more A.
Akubi,
So you like infinite disasters. No wonder you like reading about Casey.
I an trying to be a refugee from inane speculation, but it is not working. Perhaps I could repurpose some of your butt plugs.
So this is the way it plays out? No explosions? No BREAKING NEWS on MSNBC? No special pictorial sections at rotten.com? How curiously...unsatisfying.
I may be around later, but if not, hey, it's been a blast!
Sweet Organic loops break dancing!
Sharky,
your connection was pretty bad, so that could have been it.
Would be interesting to see a good lawyer give feedback.
Anybody catch Nacho's backhanded comment to KC?
"It's important for you to help Galina, because otherwise she'll be bitter and carry this over into any future relationships"!!!!
Nice.
@Whatever
Your friend's problem was that they followed the usual American way of dealing with any and all problems (which is to ignore them until they are large enough to smack you in the face). Had they began marketing the house shortly after the injury (that sucks and I'm sorry it happened) they probably could have gotten a price that would have preserved some of their equity. Forclosure usually begins 90-120 days after the last payment is made. Also, banks don't really want to reposess in the current environment and are pretty liberal with their forebearance policies, especially for temporary conditions (it's possible they will still grant a forebearance but if they waited until they were 2-3 payments behind the chances drop significantly).
Once someone gets this far behind the 8 ball, they are left with fewer and fewer alternatives, none of which are good! Duane's offer will preserve a credit rating which is valuable (and at this point their equity is effectively the banks so selling costs little compared to foreclosure).
Duane wants to fight internet trolls. they win again.
it's kind of funny how nacho closed the very first fraudcast asking casey if he'd open up monster.com. he said no, and she said ok i'm done. and now he says yes. so basically she nailed it.
Akubi,
Step away from the keyboard. The folks at blogger have already issued an error code for you: bX-9z85b6.
Don't make it any worse than it is.
Organic loops, my foot.
News flash Sharky! Casey can sell ANY JOINT assets of the marraige. Galina is still liable for HALF the JOINT debt. She is also legally liable for HALF THE DEBT Bongo-bongotard accumulated during the marraige.
Unless and until a JUDGE decides what is what and divides it up...in divorce or legal seperation proceedings....and even then the creditors will SCREW HER MERCILESSLY on her credit rating.
She's fucked hard for marrying a moron fraud. Hammared shit. She has only herself to blame. She picked him. When she accepts that it will make her life easier.
Good luck with that!
She'll spend years digging out of this shit...if she ditches Casey it will be easier.
What Akubi really means to say:
Sweet Organic loops break dancing!
=
Cute Natural coil crack hoofing
Johnny be shit.com,
Yeah right. ShoveItUpYourAss.com
Sweet cache back of utter insanity is a good fucking thingy. Well, on occasion it just might not be such a bad idea.
Where's the opera moment sung by SJ in Black Metal Lederhosen?
SWEET cache Baaaaack (Sheep man's missing floor). Time for bed. Love all of the fellow infinite froot loop members! Signing out for now.
OK Rob Dawg, so what are the other Casey bombshells you've got stashed in your bunker? You've hinted at a lot of different things.
tesla,
I think that most if not all the bombs have been dropped.
aaron,
Ground forces moving in. There'll definitely be a few skirmishes, yet.
The suggestion from Holiday Inn that entertainment might be a good field for Casey gave me an idea...
He should approach Discovery Channel about joining Mike Rowe on Dirty Jobs. Think about, "World's Most Hated Blogger" made to work the dirtiest, most disgusting jobs. Ratings gold! They could totally play up the angle of how long he's done everything possible to avoid real work in the quest for passive income, and let everyone bask in the joy of watching him squirm. He better make a call before Paris Hilton gets an offer first.
No, no, no. NO!
Casey Serin's image shall never taint the inside of my television screen.
Well, not unless he's cleaning out the manure pool at the dairy farm that recycles all of the cattle waste into energy and planting pots.
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