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CA has been cracked for at least a year. I've written this before. Houses in my area that sold in 48 hours for 500K 18 months ago, can't get an offer at 440K today. Many places are listed in the low 400's now. And many ARM/io loans haven't adjusted yet... I can't wait to see the...

You sure can get scammed. I sold something for $900. Buyer signed for it and said he never got item. I had all the info Paypal required. I got backcharged for the amount. It DOES happen. The last thing I sold using paypal was for $1280. After e-bay and paypal got done with me, I...

Bummed RATM broke up. I really like the Testify vid... Thanks

1965 Mustang GT Coupe w/Pony interior Nice ride until the nieghbor crushed it while parked in a drunk driving acccident. Car was as long as a Pinto when he got done.

Yep and SO TRUE!!! :D

The comments that follow the article are priceless. I had a discussion with a realtor who was the first I've met to say the current market conditions in the area sucked... Most of the realtors spout the "blue sky" attitude, everything is great!!! LOL

I remember more than a few realtors, driving a new Benz every year, nice clothes, big overpriced house, then the bust. Spend it while you got it. Saw them a few years later, driving Corollas and Civics working at low paying jobs because they had no real skills or education. I've pretty...

Rents are pretty high in the areas of OC where they are looking. I'm not involved in what they are looking to rent, but, have heard some of the numbers. He was going on tax-effected levels. I told him get the cheapest place to rent and wait it out. We are patiently waitng where we live...

OWP He has multiple options for housing available. So buying is not an absolute must. I talked him into the thought process of leasing. He's a smart guy and his wife is VERY sharp as well. They are savvy and watch the market closely. If they could buy and get a comprable mortgage...

I laughed when I saw the gas bag economist for the NAR on TV tonight. The same guy that said trends were strong and prices would not decrease. Listening to him backpeddle was great. My cousin has been looking for a house as they sold their current home. They have looked at houses in the OC...

$$$$$$$$$$$$$$$$$$ is the reason, nothing more. NASCRAP has apparently never seen a race in split screen a display. It's better than 100 Lil E bud commercials and what not. Not that I watch it anymore. Clearly they are NOT thinking of the fans with that decision. DOPES!!!

Orange County, the center of the world for "Instant Gratification" people if there ever was one.

He must be incompetent, he appears to be the only person that realizes true inflation is and was here long before taking over. Those inflation numbr the gubment spout all the time are a joke. Because he sees a different landscape than others doesn't make him incompetent. IMHO, Ben is the...

I listened to one of those hokey RE investing/sales shows this morning and most of the calls were in the genre of "I have an option arm and need a way out." My payment is increasing 600-1500/month. Waaahhhhh!!! The host never seemed to have a concern that rolling them into a new NegAm arm...

I tend to agree. A very long and protracted flat period.

Jeff's a douchebag and could have completed a clean pass on Kenseth. JG was killing him. He CHOSE to drive through him and it was unnecessary for him to do so. He's on probation and should have been parked a lap for rough driving if nascrap had the balls to apply the rules consistenly...

Not long ago Ken would get crucified on finance shows for his positions and thoughts. Like just last year. A house in my community was on the market for 6 months at 489K. Listing expired. Now listed for 419K with 10K in incentives. I had to do my best to keep from ROTFLMAO when the...

She's nasty... not in the good way either. Never thought she was good looking and wouldn't hit that trailer trash, especially after Federline was there. I agree her career is over...

Something I noticed in the article is ... only one of the people quoted bought their home with an ARM, the others all refinanced a home to an ARM. Not too bright refinancing to an ARM, IMHO.

This is the car payment plan method. Who cares about what the underlying asset is valued, as long as you can afford the payment you're good to go. Most of those programs are neg am, balloons, IO, ARMs that will adjust and literally kill the borrower because they are tapped out to afford...