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$675 droped 225,000 in 6 months (sonoma)

 

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Reply to: [email protected]

Date: 2006-09-17, 10:57AM PDT

 

 

3b21/2 bath artistic beutiful this house should be 850,000 has detached apt getting leagle within 60 days will rent 1700 till sale

 

715 boyes at arnold google map yahoo map

 

starting to see some 100K drops everyday in Sonoma

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In Tracy, Banta and Mountain House, the median home price rose less than 2 percent, or $10,000, to $560,000. Pulte Homes, with subdivisions in Brentwood, Oakley, Mountain House and Tracy, is offering $99,000 in incentives to entice buyers.

 

Well then it all depends on how ya figger.

 

True, 10K increase on laSSt year's price of 550K is 1.8% gain.

 

Butt 10K - 99K = -89K, i.e., effective decrease from laSSt year's price of 550K is a 16% loss.

 

Like I always say, if it looks like a reamin' and it sounds like a reamin' and it smells like a reamin' .......... it's a reamin' sure nuff.

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In Tracy, Banta and Mountain House, the median home price rose less than 2 percent, or $10,000, to $560,000. Pulte Homes, with subdivisions in Brentwood, Oakley, Mountain House and Tracy, is offering $99,000 in incentives to entice buyers.

 

Well then it all depends on how ya figger.

 

True, 10K increase on laSSt year's price of 550K is 1.8% gain.

 

Butt 10K - 99K = -89K, i.e., effective decrease from laSSt year's price of 550K is a 16% loss.

 

Like I always say, if it looks like a reamin' and it sounds like a reamin' and it smells like a reamin' .......... it's a reamin' sure nuff.

 

great posts Shorty, thanks! :lol: :lol:

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$675 droped 225,000 in 6 months (sonoma)

 

--------------------------------------------------------------------------------

Reply to: [email protected]

Date: 2006-09-17, 10:57AM PDT

 

 

3b21/2 bath artistic beutiful this house should be 850,000 has detached apt getting leagle within 60 days will rent 1700 till sale

 

715 boyes at arnold?? google map?? yahoo map

 

starting to see some 100K drops everyday in Sonoma

well who can figger the Investment <_< :lol: :ph34r: reamturn for $850,000 with gross income of only $1,700 per month minus mrotgouge interest, property taxes, insurance, maintenance, landscraping, homoaner aSSociation fees, ream estate borker CONmission, tenant hole-punch repairs....betcha it don't beat a 6% C.D., maybe that's why they're sellin'

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jickiss is back!

 

and

 

Dear Shorty: you rock! Warminster, in Bucks County, PA!!!!!!!

 

this sure brings back memories to your jickiss.

 

not so much Warminster, but Holland and New Hope, which are near Warminster, PA.

 

but not now, not 1990.

not 1980

but 1962.

 

back in 1962 your jickiss can still recall, very Clearly, the Holland PA part of Bucks County. Sitting out in the late summer, with the now long dead Uncle "C," who died in 1966 at the age of 33. cancer. but that does not matter, talking into the mid night about things important and philosophical, but, sadly, not seeing the top of western civilization looming, ahead but a few short years. looking back, indeed it seemed like a time of perfection, still, quiet, removed, like the way everybody wants everthing to end.

 

back in 1962 Bucks County PA was pristine. the air in the late evening was fresh and cool. Believe it or not, the temps at, lets say, 10:00pm in the first week of september might have been 55-60. the air was clear. there were miles and miles and miles of real farms in all directions, north of Holland PA, and east, up along the Delaware River, to New Hope and Beyond. You could cross the river into Lambertville, NJ, over a little bridge that linked New Hope with New Jersey. Lambertville was a deserted little Jersey river town, with old buildings and not much else. Bad Ugly Philly was something that you could never imagine even existed, if you just stayed in Bucks County for a few weeks. In Bucks County, in 1962 you felt safe and right. This was not an exclusionary feeling at all, but, rather, at that time, it seemed that the whole world could become a mirror and a reflection of the feeling of a summer night in Bucks County.

 

but,

 

now, gimmie a break.

 

all the farms are gone.

the air is just as crappy as it is in Chester, PA, Philly, PA, or any of the areas East of Same in NJ.

 

the roads are crappy.

the schools, (as your jickiss has posted, over and over, repeating.....over and over) are run by $90,000 a year bouncy ball teachers and their cronies, whilst da Sheeple parents of the moron students think that they should be grateful for taking it, never minds jickiss, shut up and be PC here, boy!!!!!

 

if any could just THIMK,

 

(your jickiss is very sure that this same sequence has been repeated from La Jolla to Maine, using the 1962 - 2006 time cycle as a bench mark)

 

the prices are waaaaaaaaaaaaaaayyyyyyyyyyyyyyyyy up.

the quality is a mere Fraction of what was good and real and true in 1962.

 

THERE IS SUCH A GIANT ACCIDENT WAITING TO HAPPEN TO THE UNITED STATES, ONCE THE FULL RECOGNITION OF WHAT HAS BEEN DESTROYED SINKS IN,

 

that it staggers the mind of any that know odds,

or

that believe the the linear beliefs of da Sheeple could jump the rail.

 

it is almost too sad to say it,

but,

a realistic assessement of the odds of success leading to what some call Economic Progress would indicate that the odds of success in Tanzania are probably 10 times better than they are in Bucks County PA tonight for any form of investment.

 

sure, Bucks Count PA might look like paradise vs Tanzania tonight, but,

 

in 5 or 10 years????

 

jickiss

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lemme do a lil' figgerin' myself here now

 

I took me some of them mathermaticals one time

 

1700/4250*850,000 = 340,000

 

that there is a 340K house

 

if'n no expenses

 

now I'm gonna aSSume the taxman and aSSessor gonna collect -- maybe 1% of their honest appraisal which is 8500 per annum or 708 FRN's per month

 

and such a Fine Property needs to be insured, hell let's just say 100 per month

 

and that guest worker anchor parent won't mow the lawn or fix the sprinklers for less than 40 a month

 

carry the 2, uhm...... 1700 - 708 - 100 - 40 = 852

 

852/4250*850,000 = 170,400

 

I reckon' that there is a 170K house

post-2457-1158555485_thumb.jpg

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"When we went into foreclosure, it was like someone taking my dreams away," Garcia said. "There was no way I was going to lose my house. It's about pride."

 

A house isn't a dream, fool!. It's a place to sleep, and moreover, it is a liability.

:blink: :blink: :blink:

 

...Williford managed to borrow more than 100 percent of the sale price

 

Williford's only steady source of income: permanent disability checks from a 1993 neck injury. His mortgage was co-signed by a girlfriend he had never lived with before, and their loan application counted $809 a month in tips from her casino job as household income.

 

When Williford and his girlfriend split up months after moving in, his mortgage payments exceeded his total income. In October he lost the home.

 

Today, Williford lives in a tiny portable trailer with a refrigerator, stove, bunkbed and a flat-screen TV he squeezed in after dismantling the door. :mellow:

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