By Nascar WIllie

June 14, 2007 4:49 PM | Link to this

Rich-They need to check out alumininum siding-beats the elements up here in the hills.

Can you send me that address? I really want to show you this land up here.

By Curious

June 14, 2007 5:26 PM | Link to this

Sounds like you have a fixer-upper, Jeff.

Get-R-Done, young buddy!

Roughly you seem to have the kind of thing I look at to buy from people who cannot hands-on personally maintain their relatively large depreciable asset.

OTHER THINGS EQUAL in this market, if someone like you wanted to sell, and I was interested, would roughly offer 50-70% of current appraised value (given that that is pretty much of a meaningless number at this time but what most people take as gospel and a place to start).

As said above, Get-R-Done, as the comic Larry The Cable Guy would say! If you are not interested in this sort of sweaty physical blue collar home improvement type stuff, your buds at work or family members should be able to help you hopefully.

Cheers!

By Rawls Rawks

June 14, 2007 5:30 PM | Link to this

“Homeownership — it’s the American dream, baby.”

Just not in South Florida.

By Not Jeff

June 14, 2007 6:01 PM | Link to this

Hey Curious! How many houses have you bought at 50-70% off appraised value?

Why don’t you try making me a stupid, insulting offer like that? I won’t sell, but I WILL punch you right in the mouth — and that’s a promise ;-)

By Curious

June 14, 2007 6:17 PM | Link to this

Not Jeff,

Here ya go, numb nutzs:

http://www.winknews.com/news/local/7896352.html?video=YHI&t=a&ref

By Not Jeff

June 14, 2007 6:27 PM | Link to this

You didn’t answer the question, Turkey T*ts.

How many have YOU bought?

HAHAHHAAHHAHA

As if you would ever have the balls.

And as if we gave a crap what happens in Fort Myers.

By Curious

June 14, 2007 6:47 PM | Link to this

Ya know, this latest post where the respondent wants to punch me out for hypothetically offering what I think his/her property is worth is really indicative of the HUGE emotional panic and desperation that is rising and exists among the many many current owners, qua sellers, who have seen the future but denied and done nothing but hope for miracles.

They are now up against a hard wall and going to pay for their very serious and ignorant financial mistakes.

Facts are facts.

Not my fault.

Not your fault.

Simply a result of their ignorance, unfortunately, and they are now about to pay.

By Curious

June 14, 2007 7:03 PM | Link to this

Ammendment to the above:

“Simply a result of their ignorance, unfortunately, and they are now about to pay”

… to our advantage.

Let’s enjoy and profit from their ignorance.

Same ol, same ol: Big fish eat little fish.

:-)

By Not Jeff

June 14, 2007 7:07 PM | Link to this

Whether they are about to pay or not remains to be seen. So far, very few are paying. Even the folks in Fort Myers will be OK, tho some will make out better than others.

But you are still a prize a-hole and it would be fun to punch you out.

Any vultures wanting to make offers like that —I would suggest doing it over the phone — from long distance.

By Curious2

June 14, 2007 10:36 PM | Link to this

Not Jeff is mad because he is Not Jeff.

By Not Curious or Curious2

June 14, 2007 10:57 PM | Link to this

I am the luckiest person on earth.

By TO Curious

June 14, 2007 11:22 PM | Link to this

Gee, Professor, how did you miss these?

610 Clematis #207

2/07 340K 11/06 180K

610 Clematis #419

5/07 292K 11/06 267K

WOW - You mean to tell me your flagship for disaster, 610 Clematis is a winner after all, with people (ORIGINAL OWNERS)making money in 3 months by flipping, exactly when you were crowing about them losing their shirts???? Well, gaws-aw-ly!!! Folks, go see PAPA to find out the truth!

How about these, Genius?

1903 Sherwood Forest

5/07 259K 11/06 180K

750 Milburne Ct. #1432

5/07 275K 3/06 244,274

500 Broward Ave. 5/07 286K 4/06 215K

Whah happened? You mean while all the Bozo’s here were crowing about everyone losing money — those very same days people were buying to flip and scoring in a few months?

Well shut my mouth! Or better yet, shut the lying idiots’ PC’s off.

Sorry, but I don’t have the patience of an idiot, to paste 1000 (winning) resales here.

By What is this?

June 14, 2007 11:39 PM | Link to this

What is this?

Evergrene:

644 Castle Drive

1/07 375K

6/05 297,630

WHAH HOPPENED?” A *WINNER at EVERGRENE? HOW COULD THAT BE?

Another disaster flagship about to lose its colors?

You mean to say Curious and Fink knew about this since January and never told us???

My God - that’s less than candid, it’s, its….dare I say it? “DISHONEST”?

By Ghost/Max is

June 14, 2007 11:53 PM | Link to this

TO Curious is Ghosty/Max

What is this? is Ghost/Max

Nascar is Ghost/Max

Is it any coincidence that Ghost?Max leaves and his writings are all over here.

By Alice in Wonderland

June 15, 2007 2:04 AM | Link to this

Curiouser and curioser it gets: Hey I’m not real violent but I’d punch you out too if you wasted my time with a 50-70% of market value offer.

And the reaction to want to cause physical pain is NOT from overwraught (sp?) emotional sellers -its just a normal reaction to your garden variety THIEF.

To the board at large: What is happening nationally in markets like ours (zooming prices causing some over-valuation)? In other words are people in any similar market caving to the 50-70% price reductions? Or even 30-50%?

So far I’ve seen no more than 12% or so reductions in prices here… I don’t know that they won’t go higher (I don’t have the crystal balls so many of you purport to possess LOL) but 50-70%?

…um, homey don’t think so.

By Rich R

June 15, 2007 8:12 AM | Link to this

I’ll say it again.

ANYTHING is only worth what you can sell it for today, not a dime more.

If you’ve had your home for sale with no offers, you are simply overpriced.

Values of Working Class homes are down in the area of 17-20% so far and continue to drop. Account for inflation and you can add a few points to that loss.

The values of 2005 were created by an artificial market with speculators/flippers etc. They are gone now.

This market will adjust back to resonable values in the absence of the flippers. Nobody knows how far they will drop, but until buyers begin to move, you have standstill.

You can talk about how much your home is worth, but if you can’t sell it for that much, you are in a fantacy world.

What you paid for the home back in 2003-2005 has no bearing on what it’s worth now.

Foreclosures are at record levels, and the mortgage late payments for the first quarter has also set a new record. As these processes mature, they become REO’s and will be dumped on the courthouse steps. These become the comps that your value will be based on.

If you want to live with your head in the clouds, fine with me.

For the folks that maxed out the HELOC, well, that’s just a shame, and shame on you.

Remember, the Jones’s are broke too, keeping up with them will spell disaster.

The big tax relief seems to have holes in it that will cost you much more in just a couple short years. Where’s the releif?

CW was 100% correct when he talked about our elected officials. Your taxes will not go down, they will go up under the umbrella of them helping you. How funny.

All the hoopla on the tax relief and they simply caused more of a seperation between homesteaded and non-hpomsteaded properties.

I do know of a few snowbirds that were waiting to see how this all worked out to just find they were left in the dust.

All three of these couples are going to try to sell and get out of SoFla.

Just another nail in the coffin.

Only about half of the properties in PBC are homesteaded. That leaves the other half still paying in some cases triple the taxes of the people next door in an identical unit. Now with this bogus relief, the seperation will be wider (for a couple years anyway).

Try the tax calculator on the home page, you’ll be shocked.

By EX-NY

June 15, 2007 8:12 AM | Link to this

I got to add one thing to what Alice says.

I can remember NYC during the time of “Son of Sam,” or the 44-caliber Killer. I had a buddy, Louie, a Jewish cop. How did a working-class jewish cop in those days refer to a terrifying serial killer?

“DA 44 TEEF”

Well, brought out in the light and without the scary gun, David Berkowitz was nothing more than a mild-mannered Richard Dreyfuss look-alike who worked for the Post Office, a “nebish” I think Louie said.

I bring up Louie’s lack of subtlety for this reason: for most of us a thief is someone who takes something of yours when you are not looking — and not your life, as in Louie’s description. If he goes into your house, he tries to sneak out without confronting anyone.

He doesn’t leave a note insulting your house, questioning your intelligence, and commenting on the low value of the articles he has received from your home.

In other words, the thief is a lot better person, or at least behaves better, than someone who intentionally insults and belittles your home and you.

So add my vote to the list of people who would punch Curious in the mouth for an insulting and degrading offer. His purpose is not to buy. He will never buy anything. He is just a little prick who thinks he has found a way to even the score between himself and the “haves.” And even if he one day bought something, still, a thief acts in secrecy and does not belittle you and your family when taking something from you.

So who is worse, Curious or a thief?

Whatever a thief would deserve, Curious deserves worse.

By Nascar WIllie

June 15, 2007 8:23 AM | Link to this

Nascar comin’ at ya!!!

Hey Rich, you said aluminum siding would make a difference on resale, right?

Also, u said “Foreclosures are at record levels.” Now I ain’t much on math, cept adding up how many beers till the case is dry, but I looked at that same graph and noticed that foreclosures were higher in 2000 than they are today in dis here 2007. How does that mean that we have “record” foreclosures? Do you mean “record” since 2000…? You got ole’ willie confused.

Ole’ Willie just trying to learn a thing or two from ya, Rich.

Rich send me that address again for the email. I got’s another thing brewin. THis one gonna be hotter than a squirrel in a hen house.

By Nascar WIllie

June 15, 2007 8:24 AM | Link to this

Nascar comin’ at ya!!!

Hey Rich, you said aluminum siding would make a difference on resale, right?

Also, u said “Foreclosures are at record levels.” Now I ain’t much on math, cept adding up how many beers till the case is dry, but I looked at that same graph and noticed that foreclosures were higher in 2000 than they are today in dis here 2007. How does that mean that we have “record” foreclosures? Do you mean “record” since 2000…? You got ole’ willie confused.

Ole’ Willie just trying to learn a thing or two from ya, Rich.

Rich send me that address again for the email. I got’s another thing brewin. THis one gonna be hotter than a squirrel in a hen house.

By Nascar WIllie

June 15, 2007 8:24 AM | Link to this

Nascar comin’ at ya!!!

Hey Rich, you said aluminum siding would make a difference on resale, right?

Also, u said “Foreclosures are at record levels.” Now I ain’t much on math, cept adding up how many beers till the case is dry, but I looked at that same graph and noticed that foreclosures were higher in 2000 than they are today in dis here 2007. How does that mean that we have “record” foreclosures? Do you mean “record” since 2000…? You got ole’ willie confused.

Ole’ Willie just trying to learn a thing or two from ya, Rich.

Rich send me that address again for the email. I got’s another thing brewin. THis one gonna be hotter than a squirrel in a hen house.

By Rich R

June 15, 2007 8:26 AM | Link to this

I guess people have some kind of emotional attachment to their homes and the perceived value of such.

If somebody gives you a low ball offer, you simply say no. It really is that easy. Getting emotional over it will just make the process worse for you. Let go.

There are is an increasing number of “Must Sellers” that are getting desperate more and more as time goes on.

If you make offers on many properties, sooner or later you will stumble upon a desperate speculator/flipper that’s on the brink of financial collapse and just has to get out. It’s not your fault that some make bad decisions or bought with bad timing.

To say you would punch someone in the face for an offer that YOU think is low, just illustrates the frustration some sellers are dealing with.

That’s a shame.

By To EX-NY

June 15, 2007 8:29 AM | Link to this

And who is worse even than Curious?

A liar and con-man like Rich R. To continue your analogy, EX-NY, a robber may take your money without insulting you or what he takes from you. Rich R. is worse than the garden-variety stick-up man.

Rich R. is the worst filth I have seen among human beings. Being of the female persuasion, I feel filthy just being on the same blog as him.

I’m going to go take a shower. I am not joking.

By Rich R. is a LIAR

June 15, 2007 8:43 AM | Link to this

Rich R., the biggest liar since Hitler, wrote the following:

“Values of Working Class homes are down in the area of 17-20% so far and continue to drop. “

Where is your evidence of this, you scumbag? The Government? FAR? A university study? I will tell you where: nowhere. You are a pathological LIAR.

By Rich R

June 15, 2007 8:44 AM | Link to this

The rate for a 30 year fixed rate mortgage is up to 6.74% this week and that is with a 20% down.

With every tick up, the pool of potential buyers gets smaller as less will qualify.

CNN reported yesterday that people with a credit score in the high 700’s can not get 100% financing anymore.

Where are all the buyers for “Paradise”?

They have trown in the towel and looking elsewhere. Florida is not the only place with nice weather and nice beaches. NC took the top spot for beaches this year.

After all, over the past few years, SoFla has become the place most of these people wanted to get away from, why would they move there now?

Horrible traffic, rude people, crime, now deep budget cuts and the local governments will go out of their way to show you that this tax cut will hurt. You can bet on that. Oh, did I say traffic. It bears repeating.

I heard some of the counties are talking about dramatically increasing the impact fees. Wonder who gets to pay that in the end….

You can stick your head in the sand, fine with me. But it seems with the home being the largest investment for most, it amazes me how some are clueless and moving forward on a wish and promise. That promise came from a REALTOR that wanted nothing more then a commission.

The realtor that told you the “sky’s the limit” two years ago is the same person telling you to lower your prices today.

Just get an appraisal and see what the home’s really worth. It’s different then it was 2 years ago. And for heaven’s sake burn the checkbook that goes to your HELOC.

By Rich R. is a LIAR

June 15, 2007 8:52 AM | Link to this

So Rich, where is your evidence? Where are your published figures showing houses in some class — ANY clas - being down 20%?

Why so concerned about would-be vultures getting punched in the face, Rich? If you ever conned me out of money on a land deal, I would do worse than that to you, Rich.

By crazydem

June 15, 2007 8:56 AM | Link to this

Not that I was waiting for relief, but if anything at least we know how things stand. The dust has settled. The hopers and sideliners like Curious, Fink, RCA, BIG ROB, and our faithful “out-of-market-yet still spending eight hours a day combing statistics for Palm Beach County” blogger Mr. Rich R-idiculous are puckering up, holding their noses, and drinking the punch cause the “depression era scenario” alluded to countless times is nowhere on the horizon. The only market shakedown they can hope for now is a hurricane. The dust has settled, and they are holding NOTHING! Taxes may drop, but not as they had hoped for. The government is not coming to their rescue.

News flash: If you’re not willing to take the risk, why should anyone else risk anything on you?

If you’re not willing to buy, then move out! See you later. Our roads are clogged anyway, we can use the extra space. I hear land is cheap in Oklahoma.

Perhaps now’s a good time to go back to Math 101. If the value of an asset increases 100%, then drops 20% from the high, does this equate to a loss? Answer: NO

Nevertheless, are Curious, BIG ROB, and Fink still spending Saturday and Sunday driving around Greenacres talking about all the homes they are going to buy? Answer: YES

Is Rich still clogging his keyboard with Mayberry Pie? YES

It is what it is. No more unknowns. No more known unknowns. Insurance sucks, the taxes are kind of high. End of story. Prices aren’t going down. It’s a hard reality for the sideliners and first-time homebuyers who pictured themselves on their faux balcony in Olympia tending to a home they can’t even afford to air condition to finally realize that’s not gonna happen. Going to have to suck it up and buy something they can afford in a neighborhood that might have to serve as a stepping stone to their warped sense of entitlement.

Sorry you no-home-owning, Lexus driving, materialistic, Boca wanna be’s. Sorry you out of towners spending your days hoping and praying for an economic disaster in South Florida to make your big move and put down stakes in this area of the country. Sorry to the renters who wasted the past two years hoping for a market meltdown, paying their rent on-time while secretly hoping for the ruin of the bourgeois so they too could swoop down on the court building steps and wager on a 5/4 in Evergreene with a fountain out front.

Not gonna happen. Good day to the owners, good riddance to the hopers.

By TO Rich R.

June 15, 2007 9:07 AM | Link to this

Hey Rich, what do you think of these?

610 Clematis #207 2/07 340K 11/06 180K

610 Clematis #419 5/07 292K 11/06 267K

Evergrene: 644 Castle Drive 1/07 375K 6/05 297,630

Winning current resales in the very places that you used as proof of disaster.

Whoever said you are a liar and a scumbag, Rich, should have said this:

You are a liar and a scumbag, Rich.

By Rich R

June 15, 2007 9:24 AM | Link to this

Boy, bet you spent hours looking for those.

I can show you many more that go the other way.

Just talk to any seller.

You should be out buying then. How many have you bought this year?

Just hilarious.

By To RIch R.

June 15, 2007 9:38 AM | Link to this

You don’t have to show me many more that go the other way, you just have to show me your published statistics that indicate ANY class of houses down 20% in Palm Beach County.

Is this yet another time you “didn’t think it through,” Rich — to use your own words?

I talk to sellers every day. I don’t know ANY who have lost money.

How many have I bought this year? One, with more than one in the works.

You ARE just hilarious, Rich. But you are also pathetic. A pathological liar, a mental case who claims to be in North Carolina and spends all his time at work on a PBC board.

By To Rich R.

June 15, 2007 9:53 AM | Link to this

BTW Rich - No, you can’t show me many more that go the other way. Your friend Curious grabs what precious few there are.

Know why it only took me a minute to find examples of winners? It’s the way your friend Curious goes about lying. He will find some current transactions, as above. He found 2 winners and 1 apparent loser for 610 Clematis. So what does he do? He reprints the 1 loser and pretends the 2 winners aren’t there. This way he paints a picture of disaster after the newspapers pave the way for BS artists like him —and you.

I have to confess he even had me convinced there was a problem in that specific building — until I talked to enough unit owners to realize there were pre-closing jitters but no sustained problem.

He is far ahead of you though Rich. You are too lazy and stupid to even come up with one example, besides your neighbor’s house, where they paid 75K for unnecessary improvements.

By Rich R

June 15, 2007 9:56 AM | Link to this

I know plenty who have taken a beating.

One family in particular is in a nice home they are into it for $530K and have the two year old appraisal to show bearing a number higher.

Due to job transfer, they have to sell and move out of state.

They have received a couple of offers in the low to mid $400’s. Seven months on market, two showings, two low ball offers.

On my advice, they got an appraisal to help in setting the price.

Guess what. Not such a good value this time around from the same appraiser used two years ago.

It’s going to cost them almost $100K just to walk away. And that don’t even cover the RE commissions if and when it sells. so i guess you can add another $20-30K to their potential loss.

They owe $500K on it, and getting offers in the $425K range.

You should run down there and buy this, after all it’s a bargin right?

Get real, get educated and get sold.

Until buyers flock to SoFla again, it’s going to get ugly.

Too many homes just sitting on the market with no activity. How long do you think these folks can hold out.

Not all need to sell, but for some, they have to sell.

I guess they can just sit it out for the next few years and wait for your dreams of the days past to return.

Let’s just hope hurricane season is quiet this year. Don’t want mother nature to throw a wrench into your booming market.

Just too funny.

By cw1900

June 15, 2007 9:58 AM | Link to this

Ok, I told you so. Your legislators are spineless. They want your vote to get re-elected. That’s all they care about. What passed last night is your legislature saying to you, “We are spineless and want to get re-elected, so we’ll pass something that looks good on the campaign trail, but the rest we’ll leave up to you, you idiot voters.” Of course, the voters are not going to vote away SOH, so that’s it, you people. Your big property tax cut is hardly anything. It will be absorbed by higher fees and taxes elsewhere.

What I said yesterday still stands. I predict your tax bill will be double what it is today in 5-6 years. Your saviors failed you. I told you so.

Max, I see you’re back posting sales. I know it’s you. I also agree with “Ghost/Max is”. You are Nascar guy, aren’t you? I actually like Nascar guy. Pretty clever.

To “Alice in Wonderland” and “Not Jeff”. Every piece of real estate I’ve ever made an offer on has been at a minimum first offer of at least 30-35% under their asking price. Sometimes 40%, and one time 50%. For you to get all worked up about what someone offers you I find to be a little weird. It’s strictly business. Who cares? If you don’t like it, you have the power to say know. Big deal.

In negotiation, the one who wins is who started off on the best foot, he who has the most information, and who can walk away. For example, every car I’ve ever bought in the last ten years plus since I decided against ever again borrowing money to buy a car, my initial offer is always the same, usually about half of their asking price. I run into the people who think I’m insulting them, but who cares. See, the specific car is not what’s important, it’s the deal first. Cars are a dime a dozen. I’ll find what I want. I’ll get my way. I always do, and always will. It’s a business deal, and I’m going to win, or I walk away and go onto the next. Period. It’s that simple.

Max, remember the Volvo I have? My initial face to face with the guy who owned it was as I always do. Naw, I’m not interested in it. I wait a few days, maybe a week, and then call back and see if it is still for sale. If it’s gone, so what, there’s a million used cars for sale always. If it is still there, as in this case, I come by again. This time, I have cash in my pocket, and my standard bill of sale sheet. The cash I have is what I am willing to pay, and not a penny more. The amount is usually close to a trade in value price or even lower.

This time, I make another offer, usually just a little above what the last one was, and it is still far low and undervalue. He says no, again, then I up it a bit more, again, still very low, he gets pis$ed, and says I’m wasting his time. My last shot is, ok, here’s the cash I have. I show him the cash. We were $2300 apart. I got in my car to drive away, and he stopped me. Told me his wife wants the car out of here, etc etc, and it’s done.

It’s a great car, and there’s always a desperate seller somewhere. If you make enough offers, you will find them. It always works that way.

I have saved literally tens of thousands of dollars over the years by pis$ing off a few people along the way, but who cares? Lighten up. It’s just business. Nothing personal.

“EX-NY”, I guess you don’t like me now, but I did like your story. Remember, when you offer something for sale, you are opening yourself up a bit, but remember, it’s only business. Just say no and I’ll leave. I’ll move on to the next deal. My purpose IS to buy if I am making an offer. I don’t like to waste my time, either.

I will get what I want on my terms, at my price, or I won’t buy. That’s what some of you don’t like, but that’s not my problem. It’s a free country. What law says I have to be thoughtful of the seller’s feelings and offer 5% under their asking price just to be nice? It’s my money, and if you want it, it will be on my terms, and I will tell you how much of it you will get, or I move on.

Again, it’s just business.

Truth is, there are unlimited amounts of people on this planet with no backbone, lousy negotiation skills, and can be easily sold, even if they are the seller. When I am buying, I am also selling. That is the key. That is not a thief. That is the real business world. It happens everyday.

However, just remember, I may call you back in about a week if I really did like what you have to sell. There, I just threw you a bone.

cw

By Rich R

June 15, 2007 10:03 AM | Link to this

Max, you really need to pick and name and stick with it.

I’m not going to debate an issue with anyone that uses different names with each post. You are fooling nobody.

Use your name and direct your post with the first line.

You are wasting your time as nobody knows who the post is coming from.

Being sheilded is cowardly.

Grow up.

By Rich R

June 15, 2007 10:09 AM | Link to this

Nicely put CW.

That’s exactly how I feel.

:-)

By Realist

June 15, 2007 10:12 AM | Link to this

Unless I am missing something, it seems to me it is in my best interest to vote against the new tax law in Jan. If I plan on staying in my home why would I want to get rid of SOH? Maybe someone out there has a counter argument for me.

By Realist

June 15, 2007 10:16 AM | Link to this

Rich R.

Don’t feed the troll, furthermore I wouldn’t post any contact information as Max is trying to get you to offer some type of real estate or appraiser service so he can “turn you in”.

By Cw is an ahole

June 15, 2007 10:19 AM | Link to this

What a selfish a*****e.

By Rich R

June 15, 2007 10:25 AM | Link to this

Thanks for the advice Realist, but Max has nothing on me.

If he chooses to spin his wheels, fine with me.

Pretty typical for an uneducated RE person with absoluetly nothing better to do with his time.

No big deal, let him enjoy himself.

An anonymous email address is just that.

I only reply to people I know and are in my address book. Everyone else get’s spammed and I never see another email from them again.

It’s all good.

By cw1900

June 15, 2007 10:28 AM | Link to this

Would you like to hear how I’m a complete hypocrite when I am the one selling something? Would you like to hear how every car I sell is overpriced and how easy it is to get a buyer?

Hint…it’s pretty much opposite of when I’m buying and good strategy, and of course, great selling skills.

Life is simple, you people. Some of you have it figured out wrong, that’s all.

cw

By Who's Left?

June 15, 2007 10:31 AM | Link to this

With all of the major players being chased away, we are left with 2nd string talent on both sides.

Max/Roger has not been back since being outed, except in Rich Redneck’s imagination.

Mike Fink didn’t like having his photo made public, and has not been back since.

Easyasabc didn’t like constantly having his name and address published, and he has disappeared — OK, good riddance in this case.

Even Realist has not been seen since insisting he was John but not John Gillen, only to have his email addresses published, showing he was indeed John Gillen.

We are down to second-string entertainers like Rich Redneck (apparently John’s alter-ego), and Curious, who makes us watch as he stumbles through a dictionary.

What’s worse, although CW is still around, and still denying his name (write him at ca@123.com), he seems to have joined the other side, now defending the most sordid practices of Curious, and having his head so far up Rich R.’s butt he can slurp Rich’s kidneys.

So, not much of a blog left. Still, it’s better than last year, when 90% of the postings were from the maniacal Postman/RCA/dot (rcaglass@aol.com),and most of the remaining ones were from FL REN writing under 1000 different names (NYCAKIDS@aol.com, now malacare@aol.com). In an odd twist, on one occassion a post from Rich R. actually used the malacare email address. Wouldn’t that be interesting!!!

It’s also a lot less interesting since the Doomers lost, and it became clear that there is no crash, no great depression coming, nothing of that sort. Some of the Doomers had a way of dealing with this that should have been predictable: they just ignored the statistics and claimed victory.

Rich R — That is the same one example you have been using forever. Your friends didn’t have to bury 75K in remodeling.

Roger/Maxi come back, we need you.

By Rich R

June 15, 2007 10:31 AM | Link to this

Oh, I don’t think CW is a selfish a**hole at all.

He’s just a smart business man.

I do it the same way, and if you don’t like it just say NO when we come knocking.

That’s a good thing because for everyone that says NO, means I am just getting closer to the ONE that will say YES.

It’s all in the numbers and in the current market, it’s a SMART way to move.

It’s not our fault that some overpaid and got caught up in the market frenzy when the flippers/speculators were driving prices to an unrealistic level.

It’s just market forces at work.

If you don’t want to sell at the offered price, just stay put and wait for somebody that will pay your price. If you can wait that long.

By crazydem

June 15, 2007 10:46 AM | Link to this

Rich-You’re done. Over. Washed up. Go home. Go stand on a street corner with a sandwich board, at least people will see you for the idiot you are.

No matter how many “families you know who took out a HELOC” or idiots thinking their house will appraise higher 6 months after they bought it at market peak you claim to know about, the market here is stable. The knife fell and you missed it. Heck, you were even afraid to try catching it.

The entire mess you’ve been hoping for is not going to happen. Spending your NC summer posting about “all the hurricanes coming” won’t change anything.

Jeff-Time for a stock market blog, the RE market is played out. Disaster does not loom. PBC is still here, it’s not going away.

By cw1900

June 15, 2007 10:48 AM | Link to this

To “Who’s Left?”

You’re not even close, you nutcase, but since imitation is the most sincerest form of flattery, it’s all fine with me. You like the word, “Doomers”, huh?

If you want, I can change my name to another stock symbol, if that would make you happy.

Happy hunting.

cw

By Rich R

June 15, 2007 10:49 AM | Link to this

As a “doomer” I will say that since last year values have dropped very much for Working Class homes.

I use this one family as an example because I am getting the blow by blow on this one.

They are not alone and time will tell you that.

But, I’d hate to be the one that has to write a $100K check just to walk away from a house. But I guess in your world that’s ok.

With current inventory levels and no meaningful tax releif and fears of SOH going away, I’d have to say this will do nothing to stimulate the stagnant market.

For the snowbirds who have had enough with the unfair taxes, you may find inventory going even higher as these people just give up.

If you think this market adjustment is finished, you are fooling yourself.

Show me the buyers, show me reduced inventory, show me dramatically higher wages in SoFla, and I’ll become a cheerleader.

Until such time, you folks need to stop fooling yourselves. Fine by me if you want to become a statistic.

By crazydem

June 15, 2007 11:09 AM | Link to this

Rich-Why do you care?

Your superior negotiating skills you brag about have gotten you no where. Nothing. And please, spare us with the bragging about the boat, the house, the Ivy League degree you wasted, the yard, the beach you don’t live within three hours of, etc etc etc. At the end of the day, it’s relevant only in your silly little NC hill world.

You fled your business down here because it was time to pay the piper.

Now you while away the hours in NC talking about everybody in South Florida.

Plain and simple. You can’t gloss up the truth.

We don’t care about your idiot friends who can’t manage their money.

You are a loser Rich, face it.

By Observer

June 15, 2007 11:14 AM | Link to this

Major players?

I would say the major players who have anything to say are

Rich R

Cw1900

Wake Up

Curious

Crazydem

Realist

Nascar Willie

Where did easyasabc, RCA, Signed, and Mr Fink go? I also think Nascar Willie is Signed. I’m not sure who Ghost is now. I do enjoy the banter.

From an observer.

By crazydem

June 15, 2007 11:15 AM | Link to this

One more thing then I’m done.

I believe it was Warren Buffett who once said “the first guy at the party to mention how much money he has is the poorest guy at the party.”

By Rich R

June 15, 2007 11:31 AM | Link to this

All fine by me Crazydem, but I will say I timed the market correctly and you are still there picking up your marbles.

btw, I’m only an hour and 15 min from the coast. Nice drive, but gets me out of the full force hurricane zone.

I’m also a couple of hours from the mountains which is very nice for snow skiing in the winter.

You should really visit this area, you’d probably move here too. Much, Much nicer here.

But thanks for caring.

By to crazydem

June 15, 2007 11:49 AM | Link to this

BIG ROB is not gone I already own. blow me Im not going anywhere .THE MARKRT IS STILL FALLING>Ill see you on the other side SUCKER.

By big rob is

June 15, 2007 12:03 PM | Link to this

big robby is a fancy boy, a real dandy

By maxmoose2012

June 15, 2007 12:10 PM | Link to this

Hello out there, This is the Maxmoose of the future.

I haven’t been around in a few years, but time escapes me in the hospital.

They treat me real nice here, but that Nurse Rachett is a good novia to me.

I even dribble on my chin like my good pal next to me, Mr Easzy and it’s not so bad if I can still play solitaire on the room computer.

How is my condo in Boca? Is that Mike Fink still renting from me. Didn’t I increase his rent to $8350/month?

I dreamed that last night so it must be true.

Oh, it is so nice to be back.

The medicine makes it so I can be on the blog now at least 10 hours a day.

By How many?

June 15, 2007 1:03 PM | Link to this

How many Maxi’s does it take to screw in a light bulb in an overpriced condo in Boca Plasticton?

By More RIch R. Funnies

June 15, 2007 1:05 PM | Link to this

Rico say:

btw, I’m only an hour and 15 min from the coast. Nice drive, but gets me out of the full force hurricane zone.

I’m also a couple of hours from the mountains which is very nice for snow skiing in the winter.

+++++++++++++++++++

HA HA HA HA HA HA

Rich R. is bragging about his life. He lives in a 160K house (by his admission) over an hour from the ocean and two hours from mountains — in other words, in the middle of nowhere, tobacco fields and swampland, along with a bunch of left-overs from the set of “Deliverance.”.

Barring medical catastrophe, is a worse life imaginable?

HA HA HA HA HA HA HA HA HA HA HA HA HA HA AH AH AA HA HA H AHHA HA AH AH AH AH AH A AH AH AH A HA HA H AH H A HA HA

By to cw

June 15, 2007 1:14 PM | Link to this

to cw

i have to admit, you were right. go read the angry and upset posts at the bottom of the story about it on the front page. the general conclusion is we were lied to, and the tax cut is paltry. it is a joke.

i now share your cynical view of our politcians.

By More Rich R. Funnies

June 15, 2007 1:16 PM | Link to this

Here is what a 160K house in Raleigh looks like:

http://homes.realtor.com/search/listingdetail.aspx?ctid=28749&ml=3&typ=7&sid=a74ba3ee7d4044af9c296979e70a4c3f&pg=20&lid=1065970788&lsn=199&srcnt=3608#Detail

HAHAHAHAHAHAHAHAHHA

Keep bragging Rico.

By Not a bad house

June 15, 2007 2:24 PM | Link to this

Why are you laughing? What would 160k get you here? Maybe a crack den in Riviera Beach.

By Rico's Rut

June 15, 2007 3:09 PM | Link to this

Rich R. is always bragging about how wealthy he is. That is not the house of a wealthy person, nor the locale of a wealthy person.

At least in the crack den in Riviera Beach you would have nice weather and be close to the Ocean.

Better than 160K to be a block from Martin Luther King Blvd. in Raleigh, instead of PBC, and be surrounded beyond there by white folks who call their uncles “Paw.”

By Curious

June 15, 2007 3:32 PM | Link to this

To:

cw1900, June 15, 2007 9:58 AM.

Well said.

Refreshing read.

Spect you saw these:

http://money.cnn.com/2007/06/14/realestate/mortgagerates/index.htm?ref

http://www.bloomberg.com/apps/news?pid=20601087&sid=aLwz4ThaWzAg&refer

Cheers!

By Rich R

June 15, 2007 3:43 PM | Link to this

Sorry man, you have it all wrong.

There is no need to spend more for a home up here.

No kids, just large dogs here.

I don’t waste money, I save it.

No HELOC, no credit card debt, no car payment at all.

You get allot more up here for $160K then you’ll see in SoFla, that’s for sure. What do you get for $160K down there? Riviera beach condo manybe? Let the crack be sold on your driveway.

I live 7 miles from the state capital building, not in the sticks, I live in Raleigh. Sorry to disappoint you.

Btw, if you’d like to compare what I bought two years ago, you’d need to look in the $220-250K level now.

My home is much nicer then the one your link shows.

But, thanks to all the folks moving up here from SoFla, we have now started the boom up here and values are rising as we speak.

GOOD FOR ME….I’m holding numerous properties now.

And, once again, thanks for your concern, but I’ll be just fine.

Just because you have money, don’t mean you should go out and waste it. That’s stupid. Did you ever take a minute and think that living within one’s means leads to higher net worth.

Living on credit and hoping your house of cards don’t come down on top of you, is just crazy. Now go and write the HELOC payment check.

And my house is free and clear, can you say that? My total living expenses comes to about $400 a month, that includes taxes, insurance and all utilities. I bet you pay more then that just for your insurance.

And then there’s the quality of life issue. NC blows SoFla away when it comes to that.

You should really come up here and see for yourself.

SoFla used to be “The Place to be”, but not anymore. It’s just a crowded mess filled with people that don’t speak english and will kill you on the corner for a buck.

Get Real!

By Curious

June 15, 2007 3:44 PM | Link to this

Corrected link:

http://money.cnn.com/2007/06/14/realestate/mortgagerates/index.htm?ref

??

By Nascar WIllie

June 15, 2007 3:49 PM | Link to this

Hey Rich-Here’s my buddies home…

www.alpagerealty. net/MLS81149.jpg

The one at the bottom of the page. So whattya think buddy? He’s thinkin of changin out that siding.

By Rico and his Monkey Curious

June 15, 2007 3:54 PM | Link to this

Rico say

“NC blows SoFla away when it comes to that. “

Close, Rico. NC blows, period.

A place full of white trash like you, Rico. Educated peopole aren’t going for it.

Curious, give me a break with those stupid articles. Go to www.realtor.com and look at the single family houses. You will have to look at 50 nice, livable houses in order of ascending price, before you find one that they are asking 50K for.

So what are you telling me? That they are going to go from 50K to 45K?

Rico, has anyone mentioned you have the dumbest monkey in PBC?

BTW, if there is a cheaper place in the universe than Ohio, it is North Carolina. Check Raleigh if you want to see what “dirt cheap” means in houses.

By Curious

June 15, 2007 3:58 PM | Link to this

Hmmmm, seems the Post editor does not like to transfer links with underscores ??

By Rico and Monkey

June 15, 2007 3:59 PM | Link to this

I was referring to houses in Akron, Ohio. But it hardly matters. Rico’s neighborhood is even cheaper, plus filled with skinhead hate groups. Maybe they will hold a barbecue one night and make Rico the skewer of honor.

By Rich R

June 15, 2007 4:01 PM | Link to this

Boy, you are really bitter.

Let me guess, you bought at the peak and now realize you owe a $100K more on your home then it’s worth and your HELOC is maxed out.

Sorry for you. Not my fault. Have another cup of Starbucks and pull that wallet out of your $500 Coach purse.

Best of luck to you.

By No. 1 in Hate groups

June 15, 2007 4:10 PM | Link to this

What kind of place could be only number 10 in population, but number 1 in hate?

NORTH CAROLINA (27)

National Alliance Benson

Aryan Christian Knights of the Ku Klux Klan Brown Summitt

League of the South Chapel Hill

League of the South (2) Charlotte

National Alliance Charlotte

Nation of Islam Charlotte

Council of Conservative Citizens Clemmons

World Church of the Creator Culluwhee

League of the South Durham

Nation of Islam Durham

National Alliance Elon College

Council of Conservative Citizens Forest City

League of the South Greenville

Confederate Knights of the Ku Klux Klan Henderson

League of the South Hertford

World Church of the Creator Huntersville

League of the South Kingston

Council of Conservative Citizens Morganton

National Alliance Raleigh

New Black Panther Party Raleigh

Confederate Knights of the Ku Klux Klan Randleman

League of the South Salisbury

National Alliance Siler City

Imperial Klans of America Walkertown

New Beginnings Waynesville

Church of Yahshua the Christ Wilmington

By Curious

June 15, 2007 4:11 PM | Link to this

Some great writing:

“Sure, it’s easy enough to see the problem now. You only need to follow the money trail for what passed as a viable business model for a few years: Crummy loan broker handed money to bad credit risk (often with ginned-up financials). Loan originator held nose, got compliant appraiser to OK the inflated price, then flipped loan to Very Clever Men on Wall Street.

Very Clever Men bought toxic-waste loans, chopped them into bits, recombined them into tranches of varying yields — differentiated by risk — and sold these, now marked with disturbingly sanguine credit ratings, to eager bagholders across the world who were hungry for yield and oblivious to the hidden time bombs within. Along the way, marking mortgage “securities” to market, booking illusory profits on unpaid interest from option ARMs, taking inadequate reserves, and other accounting hocus pocus helped many companies in the food chain post record “profits.”

It was a perfect perpetual motion machine, until it stopped swirling. When non-performing loans and foreclosure rates climbed, the apparatus started to grind, smoke, and hiss.”

Housing Collapse Squishes Bear:

http://www.fool.com/investing/general/2007/06/14/housing-collapse-squishes-bear.aspx

By What a Fool Decieves

June 15, 2007 5:02 PM | Link to this

Say, did the Motley Fool ever apologize for losing their adherents an absolute fortune during the tech meltdown, then washing their hands of all responsibility (“You have to do your OWN research”)?

Anyone who listens to the Motley Fool is a Motley Mental Retard.

By Curious

June 15, 2007 5:13 PM | Link to this

It seems that the following needs to be repeated daily on this real estate forum:

“The moving finger writes; and having writ, Moves on: nor all your Piety nor Wit Shall lure it back to cancel half a Line, Nor all your tears wash out a Word of it.”

The Rubaiyat of Omar Khayyam

By No It Doesn't

June 15, 2007 6:26 PM | Link to this

Curious, work on High School English first, then we’ll worry about Omar Kayyam.

For someone so stupid you are comically pretentious.

By budman

June 15, 2007 8:44 PM | Link to this

NC is getting like PBC.With all those illegals coming into the state and ruining the place,with gangs,alot of pathetic drunkeness.Women having loads of kids sucking the system dry,while we pick up the tab.Oh,I better watch what I say.Alot of people in PBC are PC.I might affend someone.

By Doom for Fish

June 16, 2007 5:32 AM | Link to this

CW - I think you miss the point. There is a difference between you making an offer and Curious making an offer.

Curious will never buy anything. If he makes an ofer it will be an insulting and inappropirate one which he knows will not be accepted.

If you make an offer, you are actually taking a stab at buying something. And in the out-of-the way properties you have described, there may be a situation where a 50% is appropriate.

I forget who said it above, but that is the real essence of Curious. He is a sick little prick, intent on doing mischief, not business.

Now if you don’t mind, I have business with our piscatorial population, any one of whom is smarter than Curious.

By Alice in Wonderland

June 16, 2007 8:29 AM | Link to this

Aww, whatsa matter CW, did my comments touch a nerve?

“To “Alice in Wonderland” and “Not Jeff”. Every piece of real estate I’ve ever made an offer on has been at a minimum first offer of at least 30-35% under their asking price. Sometimes 40%, and one time 50%. For you to get all worked up about what someone offers you I find to be a little weird. It’s strictly business.

For myself, I wasn’t being literal when I said I’d resort to violence if a “house kicker” like yourself made a low-ball offer. In fact I had a very real low-ball offer. My reaction was to politely and calmly ask the offer-er how they could possibly justify such an offer. When it became clear they weren’t just looking for allowances for deficiencies - they were looking for me to discount to allow for “their version” of upgrades, etc., we parted company. But I did give them the opportunity to clarify the negotiability of their offer before I suggested we had no more to discuss.

And then I told them all about similar properties in the neighborhood that they could buy with more upgrades/better condition - selling for $30K-50K or more than my list price. They got the message and no blood was shed. :)

CW: Back to the “it’s just business” garbage. I am so sick of that line used as a justification by people who would gladly steal (your) property with a straight face. What ever happened to the “fair” in fair market value? Yes, we all like a bargain, but there is a real difference between getting a good deal and making a killing - and the latter affects real people’s lives. I know that doesn’t square with the ‘it’s just business’ justification for cutting an unfair deal, though. Sounds like a character issue to me.

By To Alice and CW

June 16, 2007 10:01 AM | Link to this

Alice wrote:

“Sounds like a character issue to me.”

Bingo. You are a buyer (on occassion). Curious is a just a wise-a*s b******t artist.

Now, having said that… recently there was some shift in Florida law which made it clear that lethal force could be used to protect your life and property. Now hold on a minute, when you find a thief in your house, for the thief it’s just business, right CW?

If someone puts a gun to your head and tries to take your car, you shoot him first if you get the chance, don’t you? But to the car-jacker, it’s just business, isn’t it? If the car-jacker shoots CW’s wife or kid to death - hey, let’s face it, it’s just business. He needs that car.

Well, if someone tries to steal your property with the aid of circumstances, rather than a gun, it’s just business. Does he deserve to be shot? NO!!! You can say no and your life isn’t in danger. Does he deserve a punch in the mouth? You bet your a*s — and if I am the owner, he is going to get it.

Finally, this business of “just business.” This started as a grim joke in Mafia movies. It was already well known in NY by the time “The Godfather” movie came out.

People of normal intelligence and sensitivities understand that this is a cynical joke, that it is NOT just business when you cross all boundaries of decent behavior. People like CW have something wrong with them. They are so jaded they do not realize that moral and ethical — or even humanistic transgressions can not be excused by it being “business.” If the low-brow Easyasabc were still around, even he would recognize this as a joke. People with moral defects like CW take this joke to be authentic, and adopt it as their credo.

So I will advise people if you want to be vultures, if you want to play with people’s emotions, do so at your own risk. Don’t expect a Realtor to take the fall for you, because an ethical Realtor will not represent you in such circumstances. She will withdraw from the transaction.

Meantime with all your b******t, I don’t see 1 house in a thousand being bought for half its appraised value — not even on short sales.

For CW, I can only say this: If someone breaks into your house and kills your wife and kids out of stupidity, thinking a no-witness policy will help him, it’s just business. Don’t get upset.

By Realist

June 16, 2007 11:38 AM | Link to this

To:To Alice and CW

Max,

Why don’t you use your real name? Way too transparent. Anyway, I guess you saying when the tech market tanked you would not have bought any stock? I guess after 911 when the market tanked you would not have bought? You know the folks on the other side of the trade were getting killed financially. Come on anybody knows anything about business know CW advice is right on. Did you know Bill Gates bought the first DOS operating system from some guy who was down and out and made billions!! Welcome to the real world.

By Curious

June 16, 2007 3:31 PM | Link to this

Though most of us recognize and enjoy the desperation unveiled in Ad Hominem attacks, it’s been a long time since I have seen such a good example of The Appeal to Emotion logical fallacy as displayed in the rambling diatribe above:

“This fallacy is committed when someone manipulates peoples’ emotions in order to get them to accept a claim as being true. More formally, this sort of “reasoning” involves the substitution of various means of producing strong emotions in place of evidence for a claim. If the favorable emotions associated with X influence the person to accept X as true because they “feel good about X,” then he has fallen prey to the fallacy.”

By The Twin Idiots

June 16, 2007 3:54 PM | Link to this

Realist … Do you enjoy arguing with someone who isn’t here? Because Max is apparently not. In fact I suspect Roger is no longer in the U.S. I suppose it’s the only time you can win against Roger.

Curious - How does all that change your getting punched in the mouth?

By Old Dog Realtor

June 16, 2007 8:51 PM | Link to this

Watching prices slide into the abyss as specu-vestors drown on their upside down properties is quite funny. I seem to recall a real price reduction of 45% during the last housing bull run and bust in the late 80’s and early 90’s. This correction will be far worse I suspect.

By Curious

June 16, 2007 10:36 PM | Link to this

Afraid you are correct Old Dog Realtor. Am not one to be happy about and gloat over another’s misfortune but the next year or two is really going to be disastrous for a lot of families.

Personally, am so happy that we only have a couple remaining properties left to sell in this area and are not pressured to do so.

By To Old So-called realtor

June 16, 2007 10:37 PM | Link to this

“This correction will be far worse I suspect.”

If you are predicting prices will be worse than something, you only suspect they will be. You can’t suspect prices will be worse than you suspect, you schmuck.

SO far prices have “slid” in advertisements, in listings, in your miniscule mind, everywhere but where it counts — on the deed at the closing table. Are we at an absolute all-time high? No. Are we at prices that are historically unprecedented in PBC before the last year?

You bet, old sonofabitch.

By Question for Curious

June 16, 2007 10:46 PM | Link to this

How do you feel about the current winning resales that were posted above, in 610 Clematis and even Evergrene?

How do you explain people making money right now in your poster building for idsaster?

By Question for Curious

June 16, 2007 10:49 PM | Link to this

“Disaster” even.

And how is it, Curious, that you found 3 transactions for 610 Clematis, ignored the two winners, and only posted the loser?

Could it be you are trying to deceive people? My God, is that possible?

By SOME

June 16, 2007 11:05 PM | Link to this

That earlier post was clear. It says SomegoUP Some Down

Those claiming RE prices all escalating never said some going down, some going up. This post did not claim to be all inclusive, was only pointing out there are SOME going down, despite claims otherwise.

By SomegoUpSomeDown

June 14, 2007 10:04 PM | Link to this

7028 Caviro 05/07 462K 7/06 483K

610 Clematis

5/07 235K 1/06 250K

670 Fern

5/07 609K 11/05 629K

4220 SanMarino

5/07 149K 4/05 154K

5412 Queenship Ct

4/07 328K 9/05 353K

7918 Rockport Cir

5/07 315K 5/06 412K

10456 Cypress Lakes

4/07 480K 4/06 600K

9339 Sedgewood Dr

5/07 502K 11/05 669K

2048 Alta Meadows

5/07 225K 4/05 230K

9661 Vineyard

5/07 480K 5/05 545K

301 DelRio

5/07 300K 12/06 320K

4112 Emerald Vista

4/07 224K 11/06 234K

12757 Spikerush

5/07 540K 6/05 545K

5 Surrey Rd

5/07 522K 7/05 639K

113 Viera Dr

5/07 820K 10/06 850K

By Who???

June 16, 2007 11:29 PM | Link to this

Who said all real estate prices always go up?

Did anyone ever say that? Or is that just your own exaggeration so you can set a bar so low you can argue with someone?

The fact is prices are going up, not down, and EVERY published report indicates that.

This is a good time to have you take a look at the new IPRE data, with a stunning 10K rise in average price this month. Low volume yes — but the more things cost, the fewer you sell of them.

IPRE has May 2007 has the second highest average on their chart.

Show me some data based on a population, Curious — not insignificant MAYBE losers here and there.

You are full of crap.

BTW folks, scroll back to earlier in the year to see Curious describe his 1 br condo, then look at him brag about the 2 properties he has to sell in the area today.

This guy is a mental case of a liar.

By Old Dog Realtor

June 17, 2007 3:16 PM | Link to this

Remember when prices in PBC slid 40-45% back in the early 90’s? I do. With prices already off 15%, we still have a long long way to go considering the most recent run-up shadows the bull run and ultimate bust in the early 90’s.

By Curious

June 17, 2007 7:29 PM | Link to this

I and others here have often said this before: in this type of declining real estate market, patience will usually result in big-time financial rewards for some buyers. Since the buyer determines the selling price and has most of the cards, AND the money, he/she can just sit back, relax, and wait for all the loud nonsense noise and exhausted emotions smoke to clear out.

Another thing to consider in the coming months is that the LEO auction sales will quickly drop comps in most areas and allow wise patient buyers to show more reasons for their lower but realistic offers. (You should also be able to quickly identify that it is a complete waste of time to try to deal with the especially ignorant and myopic sellers who think that any offer for less than what they expect is from someone trying to “steal” their property.)

Secondly, regarding those here on this blog who have to stoop and seek refuge by using the Ad Holmium logical fallacies, we should remember that when they make such desperate personal attacks on other contributors they are simply displaying that they have lost, and are sending up the universally recognized white flag of surrender, in a bizarre psychologically protective way – seemingly unique to our specie?

Cheers! :-)

By wizard of oz

June 17, 2007 8:53 PM | Link to this

Hey Alice in Wonderland,

If CW makes you an offer, and you don’t like it, simply turn him down. It’s that simple. Why get all bent out of shape about it? It’s a waste of time and gains you nothing, except possibly frustration.

While I don’t always agree with the arguments, I believe CW is correct in this instance. What you consider a “steal” may be just a “deal” to someone else. The only difference between getting a good deal and getting a steal is the predicament of the seller, and as Rich R. has stated several time, your house is only worth what you can sell it for today and not a penny more. I suggest you read about how Sir Richard Branson purchased his Carribean Island.

How do you define “fair market value?” Some might say that taking the 2001 house price and calculating a 5% to 8% annual increase would determine the “fair market value”, but something tells me, you’d disagree.

Now, let’s assume I’ve rented for the past 6 years and missed out on one of the biggest real estate booms in south Florida. Would I or should I expect any sympathy from the cheerleaders on this blog? The answer is a resounding, “NO!” If for some crazy reason, the prices started to deflate, should I now have sympathy for them? We each make our own decisions, and if you don’t like them, the only person who can make them better is you.

Buying and selling a house is just another transaction, and it has absolutely nothing to do with character.

By Old Dog Realtor

June 17, 2007 9:28 PM | Link to this

“I and others here have often said this before: in this type of declining real estate market, patience will usually result in big-time financial rewards for some buyers.”

Exactly Curious. I picked up 3 PB properties from 1992-1994. They were very bad years for the fools who speculated on during the late 1980’s. And all 3 of those properties were bought at 50-60% of their 1989 peak. I might make mention that 2 of them were formerly owned by dumb yankees who were later foreclosed upon. Anyways, all markets cycle no matter what. Real estate is no different.

By Stupid Redneck Funnies

June 18, 2007 12:52 AM | Link to this

First, the megalomaniacal dwarf whose stupidity never fails to entertain, Curious the Clown. What does Curious have to say today, trying not to sound like the imbecile he is?

“Secondly, regarding those here on this blog who have to stoop and seek refuge by using the Ad Holmium logical fallacies…”

“seemingly unique to our specie?”

• That’s “ad hominem,” and you can drop “the” — and it’s “species,” you unbelievable f**king idiot. The harder you try not to sound like the boob you are the worse you make it.*

Then there’s Old B***h Realtor, who sounds a lot like Realist:

“I might make mention that 2 of them were formerly owned by dumb yankees “

I and might make mention of the fact that those dumb damn Yankees usually have about 10 years more schooling and 20 points more IQ than Southern crackers, who are a national embarassment(a la George Bush) and the dumbest motherf**kers alive. And the reader can take that literally.

By the way, shiteads, which one of you made yourself as Rich as that Yankee trump with your real estate wisDUMB? By the time you realize the decline is over we will be near record prices again.

By Stupid Redneck Funnies

June 18, 2007 12:52 AM | Link to this

First, the megalomaniacal dwarf whose stupidity never fails to entertain, Curious the Clown. What does Curious have to say today, trying not to sound like the imbecile he is?

“Secondly, regarding those here on this blog who have to stoop and seek refuge by using the Ad Holmium logical fallacies…”

“seemingly unique to our specie?”

• That’s “ad hominem,” and you can drop “the” — and it’s “species,” you unbelievable f**king idiot. The harder you try not to sound like the boob you are the worse you make it.*

Then there’s Old B***h Realtor, who sounds a lot like Realist:

“I might make mention that 2 of them were formerly owned by dumb yankees “

I and might make mention of the fact that those dumb damn Yankees usually have about 10 years more schooling and 20 points more IQ than Southern crackers, who are a national embarassment(a la George Bush) and the dumbest motherf**kers alive. And the reader can take that literally.

By the way, shiteads, which one of you made yourself as Rich as that Yankee trump with your real estate wisDUMB? By the time you realize the decline is over we will be near record prices again.

By Stupid Redneck Funnies

June 18, 2007 12:52 AM | Link to this

First, the megalomaniacal dwarf whose stupidity never fails to entertain, Curious the Clown. What does Curious have to say today, trying not to sound like the imbecile he is?

“Secondly, regarding those here on this blog who have to stoop and seek refuge by using the Ad Holmium logical fallacies…”

“seemingly unique to our specie?”

• That’s “ad hominem,” and you can drop “the” — and it’s “species,” you unbelievable f**king idiot. The harder you try not to sound like the boob you are the worse you make it.*

Then there’s Old B***h Realtor, who sounds a lot like Realist:

“I might make mention that 2 of them were formerly owned by dumb yankees “

I and might make mention of the fact that those dumb damn Yankees usually have about 10 years more schooling and 20 points more IQ than Southern crackers, who are a national embarassment(a la George Bush) and the dumbest motherf**kers alive. And the reader can take that literally.

By the way, shiteads, which one of you made yourself as Rich as that Yankee trump with your real estate wisDUMB? By the time you realize the decline is over we will be near record prices again.

By Old Dog Realtor

June 18, 2007 8:27 AM | Link to this

Enraging dumb yankees is quite entertaining….. Dumb yankees…. all flash and no cash… Foolish ones. :)

By Realist

June 18, 2007 10:31 AM | Link to this

Just for the record I am not Old Dog Realtor but I sure agree with what he says. Buy low sell high.

By To Old Dog Realtor

June 18, 2007 12:06 PM | Link to this

Is dem ole Yankees botherin’ y’all, Ole Dog? Whah don’t you nevah mahnd dem. Dey’z jes mad cause dey lost da War Between da States. Now if’n you don’ mahnd, Ah have to tend to mah niggras. Evah since dat Lincoln rascal made so much trouble, ya got ta treat dem lahk human beinz, payin’ dem for woikin’ an’ such. Foolish Yanks.

By TO Realzheimer

June 18, 2007 12:29 PM | Link to this

Time for you alzheimer’s meds, Realist.

(There really is no point in arguing with a couple of aging redneck morons sitting around places like Apopka.)

By Old Dog Realtor

June 18, 2007 12:40 PM | Link to this

Whats the problem underwater Yankee? ;)