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MR. B, TAKE NOTE:
Maybe you should move Snappy’s 9:20 post to the front page along with all the other related comments. This is a good topic. “As Seen on HGTV, a Viewer Asks”…or something like that.
This should get alot of comments by regular readers of this site if it’s on the front page and shouldn’t be lost in the OT that many people don’t read, but the ‘usual suspects’.
Maybe this can be a regular feature on your site….”As Seen on HGTV”
From the WSJ 3.30.2009: Mortgage Defaults, Delinquencies Rise
… A spokesman for the FHA said 7.5% of FHA loans were “seriously delinquent” at the end of February, up from 6.2% a year earlier. Seriously delinquent includes loans that are 90 days or more overdue, in the foreclosure process or in bankruptcy.
…
The FHA’s share of the U.S. mortgage market soared to nearly a third of loans originated in last year’s fourth quarter from about 2% in 2006 as a whole, according to Inside Mortgage Finance, a trade publication. That is increasing the risk to taxpayers if the FHA’s reserves prove inadequate to cover default losses.
Snappy, under-pricing to spark bidding war was great when things were smoking. Drew a lot of people to open houses. I sold my coop thru Corcoran and it worked for me, place went for over ask. These days I don’t know…
Snappy….they were both more than livable. I just wanted one really large one (its 10’X14′ now)and wanted the other one to be nicer. Kitchen was fine but its not some “dream kitchen” either. I did some cabinet additions and larger refrigerator which luckily worked out with no major construction.
MR. B, TAKE NOTE:
Maybe you should move Snappy’s 9:20 post to the front page along with all the other related comments. This is a good topic. “As Seen on HGTV, a Viewer Asks”…or something like that.
This should get alot of comments by regular readers of this site if it’s on the front page and shouldn’t be lost in the OT that many people don’t read, but the ‘usual suspects’.
Maybe this can be a regular feature on your site….”As Seen on HGTV”
Ah, Dave, do you have a soaker tub??? If the answer is yes, how do you feel about loaning it out for say two hours or so? 🙂 j/k
Thought I’d get here before What did…
From the WSJ 3.30.2009: Mortgage Defaults, Delinquencies Rise
… A spokesman for the FHA said 7.5% of FHA loans were “seriously delinquent” at the end of February, up from 6.2% a year earlier. Seriously delinquent includes loans that are 90 days or more overdue, in the foreclosure process or in bankruptcy.
…
The FHA’s share of the U.S. mortgage market soared to nearly a third of loans originated in last year’s fourth quarter from about 2% in 2006 as a whole, according to Inside Mortgage Finance, a trade publication. That is increasing the risk to taxpayers if the FHA’s reserves prove inadequate to cover default losses.
Denton, did the underpricing also move the co-op super fast?
Have any of you ever felt like your broker wanted to price your place higher than it should have been? What did you do?
Thanks Cobble 🙂
Snappy, under-pricing to spark bidding war was great when things were smoking. Drew a lot of people to open houses. I sold my coop thru Corcoran and it worked for me, place went for over ask. These days I don’t know…
Snappy….they were both more than livable. I just wanted one really large one (its 10’X14′ now)and wanted the other one to be nicer. Kitchen was fine but its not some “dream kitchen” either. I did some cabinet additions and larger refrigerator which luckily worked out with no major construction.
“Good morning, Cobble 🙂 I think you were right that are sing-alongs are no longer welcome!”
Morning Snappy, Sadly, as we may invite more venom! I liked your posts over there btw.