Re: Re: Re: Please Help

Subject: Re: Re: Re: Re: Please Help

Comments:
: Ken: : You said: "Agent, realestate prices generally are going up due to the rising costs of building material and land" : that's where we disagree, unless they roll out the 100 year mortgage like in Japan, where normal homes cost over $1,000,000 US. The 30 year mortgage was a disaster for affordable housing. : The business cycle dictates that housing can go down as well as up. Ask the people in the 80's that lost their homes and jobs. Everyone was a real estate expert when prices are rising, and there were more people becoming realtors then ever. I have heard that if you look at the number of real estate agent applications, that can give you an idea of the pricing on real estate, if it's on the bubble. : I can understand your emotional attachment since you have done well with your property, but all good things must end, sorry. : Agent : : : Kim: : : : If you think that's bad, wait until real estate drops and people owe more on their homes then the houses are worth. They will be upside down (again). : : : I feel your pain, we are in a recesssion, pass the ketchup! : : ------------------------>>>>> : : : : Agent, realestate prices generally are going up due to the rising costs of building material and land so I have to disagree with you. : : The Metroplitan Cities in the USA are booming and living is good and jobs are plentifull. : : As President Roosevelt is quoted as saying, "The only thing we have to fear is fear itself". : : People not the economy have lost confidence in the Stock Market. I predict the market will cool off to the point that the worth of a share of stock in a company is neither deflated or inflated and things will get back to what a share of Stock in a company will really be. : : Let's face it, it is the "Fast Buck Boys", in and out of the market each day that are creating the problem, not the long term investors who are dollar averaging their confidence in a company when they purchase stock. : : When the government closed down military bases the "doomsday" crew also yelled that the sky was falling in, but even today those cities are still thriving. : : On 911 the fast buck boys paniced and sold out at a high and drove the price of all stock down effecting the long term investors. So the dollar averages recived more stock for their same buck when the continued to show faith in the company. : : Hang in their guy, although the greedo's are effecting our economy to generate higher profits for themselves, I don't know of any other govenment on the face of this ever who has built a nation as great as our and we will continue to maintain our lifestyles without the fear of those persons persons yammering that our society is suffering. : : Maybe if the freeloaders would go out and get themselves a legitimate job instead of bilking the public's tax money then the government could share the tax income social benefits with those really in need of them, grant low interest loans for those who are temporary in need of funds also, and put more people to work on government projects. : : Everyone talks about Home Owners insurance rates going up, but where were those people when their States began to think about deregulating insurance companies? Everyone complains about the price of health care skyrocketing, but where were those people when the government was considering installing a Semi-Socialized Medical Program. : : Why are those people who are complaing that taxes are going up when they were the same people who abused the Social Welfare Programs to begin with. : : As for the poster's personal problem, she has my empathy but her posting doesn't seem to be complete. : : I mentioned the forclosure statutes of four-months and that equated to $8,000 a month for the $25,000 she said she needed to catch up on her mortgage. The poster still has not responded to my posting to fill in void of her lack of information why her and her husband need $25,000 for the four mortgage payments. : : Nothing personal, but until the time comes when she explains her financial dilemma in more detail, I don't think anyone can give her some qualified input and/or advice or suggestions. : : You sound like to me as a person who has never owned a home, you have only rented, and you would be happy to see the prices of homes decline because for some reason you have never purchased one yourself. : : I know of two posters to this board you will always find putting down everything they have not been able to own themselves that others have which sounds like nothing more than "sour grapes" to me. : : xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx : : : : Agent : : : : My husband and I have been married for 13 years. We bought a house in 1995 that needed alot of work. In early 1999 we took out a second mortgage on the house to do all the work. My husbands job was going real good and my day care center in our home was very busy. But by the end of October my husband lost his job and was out of work for a year. He got a new job but with a big pay cut. We are unable to catch up on the mortgage so they are going to foreclose on our house if we can't come up with 25,000 in the next few months. We can't come up with that kind of money. So what i'm asking for is if there is anyone out there that would like to help with what ever you can afford it would be greatly appreciated. You can e-mail me at bhsn@localnet.com Thank You.

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