tag:blogger.com,1999:blog-13164186.post112904933397102445..comments2024-01-27T19:26:32.604-05:00Comments on Bubble Meter: Bill Fleckstien: Empty houses, falling prices: A boom diesDavidhttp://www.blogger.com/profile/11169148764438565562noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-13164186.post-1129603553285964682005-10-17T22:45:00.000-04:002005-10-17T22:45:00.000-04:00Good God! I have seen, lived thru, owned homes, th...Good God! I have seen, lived thru, owned homes, thru 3 complete Real Estate cycle in So. Cal. Its More like 5 years of Feast and 8 years of famine. I took the money and ran last month, banked it in CD's and money markets.<BR/> For what it is worth 5-6 years ago I saw Bill F take alot of heat and pure rudness for his correct advice in the Dot-Gone Bubble...BTW given in time to leave the sinking ship.In debates with the likes of joey-bag-of donuts from the Bull Lynch em all co. <BR/> I am no pro, but remain profoundly fearfull of the results of all of these lenders in essesnce buying all of this inflated RE with zero and sub zero down payments. <BR/> Having been raised with little and poor I can tell you for sure what we and all others would have done. First never make a payment after times get tough. Then fight like hell to be evicted easy 6-9 months.... Few tricks you can doubble that, then screw them keys in the mail box! Then Mr. Wiseguy try to get blood from a turnip. Cry and whine.... then threaten.... then cry....then beg.... then beg somemore.... then go piss up a rope .....you have been played Alfie FICO score 3Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1129120846716418812005-10-12T08:40:00.000-04:002005-10-12T08:40:00.000-04:00Maybe the potential homebuyer does not know that i...Maybe the potential homebuyer does not know that it his interest is to rent and not buy. Would a realtor ever tell a person that it is in thier interest to rent instead of buy?Davidhttps://www.blogger.com/profile/11169148764438565562noreply@blogger.comtag:blogger.com,1999:blog-13164186.post-1129053394489039132005-10-11T13:56:00.000-04:002005-10-11T13:56:00.000-04:00"All one has to do is sign a buyer's representatio..."All one has to do is sign a buyer's representation contract with a realtor, who will then represent his interests."<BR/><BR/>Yes, but what if his interest is to forego buying and rent instead?Anonymousnoreply@blogger.com