By BIGROB

August 22, 2007 6:29 PM | Link to this

Oh there is no problem in Palm beach county just keep buying overpriced homes it will fix itself.Dont worry be happy there not making any more land buy now or you will be priced out of the market forever.Does any of this sound like a realators pitch from 2005.There are some on this blog whom feel that I am a doomer.Not so I am a speaker of truth folks are in a world of S#it thank god I didnt fall for it.So if you are one of thoes folks bragging how well off you are sipping frothy drinks out of a coconut god bless you but the fact that you brag about it tells me you are insecure and therfore you ar seseptable to the poping bubble.Time and time again prices are falling and yes million dollar homes are doing fine,if you are in this class of owners you would not waist your time on this blog.Sip your frothy drink and think about your image of arrogance you are portraying to others your credibility is shrinking like home prices

By Curious

August 22, 2007 10:08 PM | Link to this

How to Bid Low on a Home

Without Offending the Seller:

http://www.realestatejournal.com/buysell/tactics/20070821-hoak.html?mod=RSSRealEstate_Journal&rejrss=frontpage

By bigrob

August 22, 2007 11:28 PM | Link to this

I read the artical and it was interesting that you would link this artical for everyone good job! The future will tell the tale

By dealornodeal

August 23, 2007 8:32 AM | Link to this

99 SE Mizner 503

ID#: R2778168 PRE-FORECLOSURE, FABULOUS 2/2, 12’ CIELINGS,STEPS TO MIZNER PARK & ROYAL PALM PLAZA,WALK TO BEACH,EAST EXPOSURE, ENJOY CITY LIVING IN THIS 5 STAR BUILDING, FABULOUS POOL & SPA,STATE OF THE ART GYM, CONCIERGE,VALET PARKING,24 HOUR SECURITY…

Now 450K

Considering HOA, mtg, etc, can this place be considered a “buy” as rental investment ?

I can’t get numbers to make it worth the time and money that can be put to use better.

Probably maxi can’t either or he would own this by now, but was wondering if he thinks this could be good deal.

By easyasabc

August 23, 2007 9:52 AM | Link to this

The mortgage layoffs are not just here, but in various parts of the country…..CNN reported hundreds of people at various mortgage firms getting let go…….see what happens when the mortgage industry became “greedy” ?…….lets face it, the people who are going into foreclosures, did not have the income to afford their residences….and the people who recklessly wrote the mortgages, contracts, etc. are now paying the price…..and the lenders who are getting laid off, will have to give up their Starbucks, Cityplace pasta meals and will have to drive around in a less of a auto these days…..maybe even have to put up their home for sale and leave for the hills of Mayberry to work at a Denny’s……it may the best time for “Pasta Renter” to look over these mortgage lenders homes and offer them a lowball price….maybe something cheap would come up for him !………….Fla Ren., are you in Hawaii ????….life is very good for you………yes, it will take some time before this Bio-tech business to get going here……California will always be way ahead of us in all types of professional businesses…..besides, Bio-tech, they have banking, film, chemical, shipping, aero industry & computer chip design going for them…..and they are way ahead in tourism & farming to us……the only way we can jump ahead of Calif., if the entire state of Calif. slides into the Pacific Ocean during an earthquake……..but no matter what, Florida is still the best bargin in this country to buy real estate…..some would say Tenn., Ky., Ark., or the Carolinas have lower cost home deals…..really, look around those areas, then look what South Florida has to offer……..Hope everyone can see what other parts of this country happens when “Mother Nature” comes upon them……Hurricanes, tornadoes, floods, wild fires, droughts, blizzards, etc….no one in this country is immune to the “Wrath of God”…………yes Jeff, it can get worst in this local economy…..the “Post” can be next letting people go……it is already happening to the tv stations in the area…..many reporters are not getting their contracts renewed…….Home Depot posted a 15% lost in the last quarter…..

Hillary Clinton wants to bail out the mortgage companies…..this bail out would be bigger than the savings and loan bail out in the 90’s…..who is going to pay for all of this ?????….who wil be be paying for the war costs ????….what about the new bridges we need across the country….most bridges are 40 years old now…..we need the money to pay off these future expenses……and let us not forget social security pay outs for all the baby boomers who are now coming into the “golden years”……if the U.S. did bail out the mortgage industry, it would take this country decades to overcome this mistake…..look what happen back in the late 1920’s and early 1930’s…..Congress made so many bad mistakes that put us into a Depression during the 1930’s…..they are planning the same mistakes again……we should not reward private industry on their reckless leadership……..This country needs to pay off their bills to oversea creditors……I would recommend many of you to get out of the stock market…..we are on the verge of a major hit…..money in property is better than money in stocks…..time will tell……any type of roof over your head is better than holding on to worthless stocks.

easyasabc