Applebrook
On line realty
Prudential realty
Remax
Keller Williams
These signs are tacky and could create the impression that some kind of panic going on. Question, are these signs really necessary?
Saturday, February 16, 2013
Recession is over!
Applebrook
On line realty
Prudential realty
Remax
Keller Williams
These signs are tacky and could create the impression that some kind of panic going on. Question, are these signs really necessary?
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within s couple of years mine will be for sale also. It is time to leave Illinois, I would tell you where I am going but I do not want democrats to follw me. THEY RUINED CHICAGO AND ILLINOIS!
ReplyDeleteAs you can see they are not local realtors...I have, in the past, actually rang the doorbell of the sellers and explained to them that you do not see many signs up in Beverly - for a reason. I have received mostly positive responses, since the sellers were unaware of the self imposed "ban" on For Sale signs here. It is tacky and their unspoken point makes people wonder "what is going on here, or ...what is wrong, why are so many people selling". Also, copy down the number of the agent/office and call them directly. More important, use a local realtor yourself and encourage these people to do likewise. I had a neighbor sell their Moms home and used some moron from Orland who truly under priced the home by at least 40k. The proof was in how quickly it sold..this was two years ago when things were even worse...yet the sellers had about 20 people look at it in about as many days...much more traffic than was the case with others on the market at that time..Speak up.
ReplyDeleteSo you're the crazy-cat lady who knocks on people's doors about yard signs? I am just kidding, but there are pretty crazy comments on this blog that makes the cat lady look sane (see, e.g., any time the issue of gay rights is raised).
DeleteI disagree that the market was worse than 2 years ago. I think it is much worse now and more grave. One reason that you can buy these multi-family properties at such a discount is that Rahm fines the hell out of them.
Why seize the properties? Why throw families out? I do not get it - at all. Economically, even morally, it makes more sense not to have these vacant, beat-up properties. If someone is able and willing to pay under a secured note on reasonable terms that reflect REALTY, why go through the cost and expense of foreclosure? You would think that banks would not leave money on the table.
We need Elizabeth Warren to become president, because the banks have become more powerful than the government. And they are holding our economy hostage and devastating communities unnecessarily. It is a total shame.
I am not suggesting we throw people out... if they are paying. We need to get the government out of the mortgage business. We have to get the banksters out of the government, true. One thing unfortunately we have learned is that as bleeding heart as it is to want to give everyone a home and a mortgate, not everyone can handle it. Banks are businesses - and everyone seems to have forgotten this fact. You have to be responsible for what you sign. Unfortuanately alot of owners have and will become renters, and some who were renters are now becoming owners. Elizabeth Warren is a phoney who pretended to be of Native American descent to gain entry into the Ivy League. Kind of like Tim Geithner who - while working for the INternational Monetary Fund overseas - did not bother reporting or paying his taxes domestically, even though the IMF gave specific instructions to him and others that you have to pay. Anyone at that level could not NOT know they had to pay. He chose not to. When I saw Obama appoint this guy back in 2009 I realized "meet the new boss....same as the old boss"
DeleteBlockbusters
ReplyDeleteWhy would you want to move to Orland? 2 to 3 times the taxes. Longer commute more traffic.
ReplyDeleteThe blacks took over the Red Lobster in Orland too.
DeleteI think they have also all moved from the Plaza to Orland Square too.
DeleteA lot of short sales would not surprise me. The banks servicers actually get "mo money" for each short sale as opposed to allowing a homeowner stay in their home. These homeowners are trying to sell to avoid a foreclosure judgment and possible deficiency judgment against them.
ReplyDeletePretty . . . nah very . . . sad. We need a recovery plan. We need a moratorium on foreclosures; these banks/servicers should rework these bogus notes. The stimulus was too small and too much of it was crafted as a tax cut.
The depression must end: infrastructure, capital good, turbine, heavy-duty production, etc. If we do not soon start a process of production, this sick economy will never become well. We may never have a middle class again. It is literally that dire. The most important asset for most people were their homes, which has been stolen from them through a fraudclosure or its value stripped whereas the note is more than the asset.
Some people on this board jump on a soap box about Saul Alinsky---I still do not know who he is---and gay marriage, yet we have a total crisis in housing and the total economy. Alexander Hamilton was right: our greatest asset is the health and education of our People. Some people freak out about gun rights while losing all the other ones. Gun rights are designed to protect all the other ones.
Saul Alinsky is not killing your community; it's the banks.
While banks are always looking for their next dollar I think that there is alot of blame to go around. Who put pressure on banks to lend money to people with credit/income/savings/time on the job considered to be below what they would consider a safe bet? Pressure was brought to bear by the Federal Govt. through the Clinton AND Bush admin. They were ready to charge you with discrimination. Then when some of these loans inevitably went bad, it was the fault of the banks. And how about the GREED of homeowners who tried, and often succeeded, with collusion with Realtors who helped to drive prices up and up. What about mortgage brokers and appraisers who colluded. AND what about homeowners who kept going back to take more "equity" out of their homes without using common sense. There were many expensive cars bought, additions made, vacation trips spent with all that money. They spent all that equity money and now want the rest of us to pay for it. Adults should know the ramifications of a mortgage and too many adults behaved stupidly. Now they have learned a terrible lesson. And the rest of us are stuck with the bill. I did not take out a big mortgage like some of my now foreclosed neighbors. I also did not get the nice new SUV like they did or the huge deck or pool in the yard. They got to play....and now they've got to pay. I have my house,
DeleteThe banks do not put homes into short sale. It is the homeowners who do so. The banks cannot make them sell their homes. They can only come in after a foreclosure and take it as collateral. Banks are bad, but their were alot of people taking out way too much money against their homes. I knew better. It is your responsibility to properly manage your expenses. I do feel for these people, SOME of whom did not understand the fullness of what they were doing, but most people just made a huge error. They thought home values would just keep going up and up. And if you still dont know who Saul Alinksy is try googling Obama and Saul Alinsky.
DeleteSo, people who can't pay their mortgage should be allowed to stay in their homes and the banks who own the loans should let them? And the rest of us who have never missed a payment, do we keep paying or take a holiday from reality as well? Who do you expect to take the losses? Your plan dumps them back on the rest of us, the taxpayers.
Delete"Moratorium on foreclosures"? You and your savior, the Community Organizer in Charge, need an econ 101 class.
"Stimulus was too small and crafted as a tax cut"? Anytime you hear "stimulus" get ready for higher taxes, because someone has to pay for it, and that someone is the middle class tax payer.
When government spends, they are reaching into your pocket to do so. Its called taxes.
BTW, Saul Alinsky was a community organizing, wealth redistributing, asshole, and so are you!
I do not know, man, when I read these comments, I somewhat feel as if I am wasting my time. Saul Alinsky, calling me an asshole, etc. seems like there is an abundance of stupidity around. Too bad.
DeleteThe problem with mortgages started with repeal of Glass-Steagal, backed by Enron, Bill Clinton, and the banks. Had that not happened, there would've been no panic in 2008.
DeleteWhen someone feigns anger, etc., and calls another person on the site an asshole, Obama-lover, etc., it's a sure sign they don't want anyone to look too closely at their "logic." It's basically a fascist impulse.
everyone should boycott realtors that put our law signs.
ReplyDeletePeople that care about the neighborhood should not use a real estate that puts up law signs.
ReplyDeleteWhite flight block busting??
ReplyDeleteWhat drives me nuts are the sellers who are easily intimidated by the threat of a law suit if they do not show or sell to anyone who comes along. The intimidators frequently are the real estate agents who you would think are trustworthy so homes are sold to the unworthy and hence foreclosures. Be careful of the high profile agents in the community as they are only out for themselves. They name drop and slap on phony smiles with the best of them.
ReplyDelete(yaawwwnn!) Excuse me. I am beat from a Saul Alinsky community organization session that lasted four hours last night. (Your post-reactionary and post-TEA after incorporation into the Republican party people are getting more wacky and mean spirited. lol.)
ReplyDeleteThe irony is that it was THEIR GUY, Bush, who ran on the "ownership" thing in the subprime market. Nevertheless, the subprime market is one of factor, one small factor, among many that have contributed to this problem.
But my responses to their comments are lending some dignity to them, which I am trying to avoid doing.
Your main rebuttal is name calling. Noone called you a Saul Alinsky follower, but you do seem to follow his line of argumentation. Set up a straw man, then argue with the straw man..or just call names. Come to think of it you are alot like Obama who is the KIng of the Straw Men argument.
DeleteAnd you need to do more research, as I said BOTH Clinton and Bush were responsible, especially when Clinton was behind removing the Glass-Steagall Act which is the MAIN reason for the slump. AND what about Barney, (my boyfriend is a gay pimp) Frank, who fought tooth and nail to keep those FNMA and FHA loans flowing....This web site is populated by those in the 19th Ward who do not drink the kool aid of the Democrat Party.
Wow! You get one (1) thing right: Glass-Steagall Act!
DeleteThe causes of our depression:
1) privitization of Fannie;
2) deregulated inter-state banking;
3) repeal of Glass-Steagall;
4) deregulation of derivatives;
5) loopholes of the Commodities-Exchange Act;
It makes me sick on every level and in every way to think the people that caused the depression, and were bailed out of it, are seizing people's homes, often using notes that were written to implode.
When I see people on this blog live in lower middle-class communities and defend energy companies and banks, it is . . . simultaneously disconcerting and appalling.
When I hear of "big government," give me a BREAK! You cannot regulate finance/energy/banking, let alone tax them.
Nothing like ignorance to fuel the lefties. Unfortunately the ignorant never see themselves as ignorant. Do your homework,don't stop when you get tired........
ReplyDeleteThese salesmen wear polyester slacks and white shoes. Don't ever trust anyone that wears white shoes.
ReplyDelete