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so if prices pull back......will your taxes decrease ?

o.k. so I know for sure you are not keeping up with current events.......Lenders are tightening up on HELOC too. here is a post I made the other day........some lenders are saying no more HELOC's over 50k for FICO's less than 660........not just on new HELOC....but existing lines too...

That's actually a very good question......but you may want to ask City Officials...because I don't understand it either.... it's happening all over NY and NJ ENGLEWOOD -- Homeowners in the city's modest neighborhoods are likely to face huge tax hikes this year while those in...

Take a hit ? That's if they can sell.......so if you sell for less that what is owed......they have to come out of pocket with the difference......Not an affordable option for many, because there is a little uncertainty on what is the difference between what is owed versus what was realized...

Glad you didn't get offended my friend/..... ok so you considered the reset in monthly payments... now what about the property taxes increasing ?

I just moved to Rockland County my friend. Lotz of For Sale signs around me....hehehe Time for you to leave the city. Saw a freakin Deer the other night.

Even the Million Dollar homes are feeling it: http://news.yahoo.com/s/nm/20070329/us_nm/usa_subprime_foreclosure_dc Mortgage crisis hits million-dollar homes By Walden Siew 12 minutes ago Sheriff Leo McGuire presides over foreclosure auctions in Bergen County, New Jersey...

you are on point here my financial savy friend... and you see how they are tightening up on the HELOC and HEL

Blast and ElCubano... so what's the deal with Volente ? Is he playing or being serious ? I mean no disrespect Volente.....but i don't understand your logic or reasoning.

Depends on the type of mortgage. If it is a ARM....the real question is could they afford the increased pymt.

You sound like a realtor. What are you going to say next……God is not making any more land; therefore, the housing market will always be stable ? The correction will have residual effects all over.

Does this work: http://www.marketwatch.com/tvradio/player.asp?guid={CD303452-3CC6-4CE0-8BF7-E36689A6F803}

That is a question that I was asked recently by another cousin. ( Dayum…I gotta find a new family…heheh) Different situation though. He was a realtor and didn’t pay taxes on some of the commissions he received from selling homes. Last couple of years he was selling homes so quick that...

My cousin was given a W2 or something like this from his lender. He had to claim the difference as income. He was never approached about taken any of his assets. This was a rental property of his.

Please post if any changes were made at Suntrust....or if there are any slated for the near future.

Here is another reply received in the blog: I don't have your note in front of me however anytime a lender leaves a broad based statement like "material change in financial circumstances" then you don't have a specific enough issue to fight them with......They made a business...

on the news they can't say two words without saying subprime I read that HELOC's are now seen as very risky due to a lot of 100% financing and that they are second lien and with the way the RE market is a lot of companies are not doing them anymore at all or severly curtailing them...

Hello my friend.... I have been in and out of this stock for about 1.5yrs now. I look to make a few dollars here and there....not looking for home runs every time at bat. Not sure about you, but I find it inmpossible to time the top or bottom so with this in mind......I snatch a few...

I should have posted this too: Novavax elects vaccine expert as chairman Thursday March 8, 4:44 pm ET Stock in Novavax climbed more than 12 percent in trading Thursday after the vaccine developer said its new executive chairman is John Lambert, a vaccine expert who lives in Britain...

Why would Lambert accept a compensation package with options based on a low-priced stock's performance? The package is definitely structured for long-term performance. The stock has to get to $5+ for him to even get close to being in the money, would Lambert agree to this without knowing good...