Search results

IB Sal: Thanks for implementing this idea. I've been using the device now for several years to transfer funds. The only thing I don't like about it is the smallish keys. I think this is an outstanding idea. Do I understand correctly that I will simply continue to use my existing...

I didn't say you had to file a bankruptcy against the IRS....what I said was that there was an exemption if you are insolvent. Just like you get exemptions for dependent for instance. I don't know the forms involved...I'm not a CPA. OldTrader

42000 gallons...makes you or breaks you quick. LOL. I've never traded it either. OldTrader

I see you're in and out too quick to respond with a post. LOL! OldTrader

Insane? LOL. You said it, I didn't! But, keep an eye on gasoline. You need a dip in gasoline to get crude down. OldTrader

You can't file bankruptcy against the IRS. Hiding assets to avoid repayment of debt is fraud. But again, if you're in California, a lender can't sue for a deficiency. That may be true in other states too....they all have their own unique laws and I don't know the laws in all the states...

Depends. As I understand it, the lender has to 1099 you, which they don't all necessarily do. But in the event that they do, there is an exemption if you are insolvent. Many of the people who are foreclosed on of course are insolvent. OldTrader

Absolutely. Did you read my post? In California, the only consequence on a purchase money loan is that they take the house back. They cannot sue for a deficiency, if there is one. That's aside from the consequence of poor credit for a few years. Read the posts again. OldTrader

One more aspect of this. In the state of California, the law says that if the borrower defaults on a purchase money mortgage, all the lender can do is take the house back. He can't sue for a deficiency, if one exists after the property is then resold. So in essence, in California, the...

You think "folks" are dumb? Maybe not, just desperate. I mean if you have bad credit it's not like you got a lot of choices. Worst case scenario, you can't pay, you walk away, no money down, your credit is trashed for a few years. How dumb is that? I think the lenders are dumb. I mean...

Maybe that's why he's where he is, and you're where you are. OldTrader

Didn't have any problem today, but I've had them in recent weeks. Gotta agree with Rockford, voting on the #2185 on the IB poll is a priority. OldTrader

OK, how do you decide when and at what price to make a trade? What do the fundamentals lead you to at this time, long or short? OldTrader

If you don't believe in technical analysis, how do you analyze the market? And on what basis do you make your trades? OldTrader

I can understand why there wouldn't have been a crowd at the auction, given a couple of factors. One, let's say the total mortgages are $590 + costs. And let's say for argument sake that your market value number is too high...afterall, your comp is from January, and in theory these values are...

True....you will not have access to the property. Which leads to part of the reason that these properties sell cheaply...because the interior condition is unknown. At a trustee sale I'm going to assume everything is wrong on the inside...and make my bid accordingly. Obviously, you can...

What's this got to do with my post ratsass? So what if they're buying houses cheap in Detroit? When someone turns around and immediately resells one these houses for more money, that's news. Make sure to post that when it happens. Until then, what we're talking about is an area devastated by...

Hey Ratsass: I see you're at it again. Sometime when I have the time I'll post what you actually said and what I said, once again. LOL! Your comments are always a good read if you're in the mood for a laugh. In the meantime, I've been buying houses at the trustee sale longer than you...

Sounds like you need to call support. I'm not seeing anyone else with this issue. Working fine here for me today. OldTrader

$500-$1000 on a $450K seat? Doesn't sound right. OldTrader