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that drive takes me 2.5 minutes...dont hateeeeeeee :D

the warnings were there and yet prices continued to go up which in the end is what moves people.....they preyed on that greed and now someone has got to pay the piper...

this alone should send shills up anyones spine...thats not including other lenders which probably have a higher rate they wouldnt be able to qualify..but then again that could be a bogus number ....

I agree.....even if it went to under their purchase price that still isnt reason to walk away. unless they had fancy financing and it causes their monthly payment to go up or interest only loans that are specifically used for short term buys and sells...

I know one of the best agents in the builders market and she only closed 2 out of 9 homes she had for the month....because 7 of them couldn't get qualified....they missed it by a couple of months i guess... so if and when there is a mass exodus from homes there will be less people qualified to...

why would u walk away from your house to go rent another house??...what does having negative equity have to do with someone having to move?? you are still paying the same monthly nut....unless u have a fancy loan which will change things..I dont see the move

people that live in homes dont just walk away because of negative equity...they walk away cuz they cant make their mortagage payment...a house is still a house wether it is negative equity or positive...its only paper wealth...when it affects ur pocket as in u cant meet ur monthly nut..then...

not to mention that some loans were outright fraud....everyone involved ( title company, appraiser, buyer ) will be investigated even the seller according to what Ive heard..example Buyer wants a 750K house in the keys lets say . He gets an appraised value of 950K because in essence an...

specially when its on the ocean....:D

thats the thing...you dont build where it is smart..you build where people will buy... peace

I have been here since the 80's and have been through 2 of the worst hurricanes to date including miami's worst Andrew...and I have lost 26 tiles and one avocado tree....knock on wood someone....peace

http://www.miamidade.gov/pa/millage.asp

F**kin Racist....:D

Yeaaaaaaaaaaaaahh Baby...bring it dont sing it; Gator Bound....can we make history ?????

you missed a hell of a run...

High deductible with and HSA?? I am getting killed by Blue Croos Blue Shield for me and my kid..and they raise it every 6 months...

14:10 Seeing some strange prints on the Nasdaq Comp... Futures and QQQQs don't confirm it though We're checking around to see if the Nasdaq is having technical issues... we'll post any updates when we get them. 14:16 We spoke to a Nasdaq rep, who said they're aware of the 6-point...

Try shorting it now that the news is fresh..... :D :D

14:32 Alaska Air flight receives bomb threat in Oakland Intl Airport- Bloomberg Alaska Air bomb threat was 'credible,' Airport official says- Bloomberg RATBOYYYYYYYYYYY talk to me

Absurd; that someone so smart could have written such a paragraph. Country doing fine??..... I Think NOT...but i could be off just a tad. A massive attack is what was done to IRAQ and believe you me I have prayed for every victim of 911 so please spare me. While it was a horrific act it...