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Robbien (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 03:42 PM Original message |
'Cash is king' in market for foreclosed homes |
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quakerboy (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 03:50 PM Response to Original message |
1. yup |
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paulk (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 04:20 PM Response to Original message |
2. it's been going on for awhile |
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WriteDown (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 04:23 PM Response to Reply #2 |
4. So the banks taking a larger loss... |
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paulk (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 04:34 PM Response to Reply #4 |
5. who has that kind of cash? |
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WriteDown (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 04:36 PM Response to Reply #5 |
6. You'd be surprised... |
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Igel (1000+ posts) Send PM | Profile | Ignore | Mon Aug-24-09 10:36 AM Response to Reply #5 |
15. My brother inherited a fair amount of dough. |
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WriteDown (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 04:22 PM Response to Original message |
3. What's nuts... |
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BadGimp (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 04:38 PM Response to Original message |
7. Anyone NOT see this commin? |
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QC (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 05:34 PM Response to Reply #7 |
8. This is what asset bubbles are *designed* to do--to funnel wealth |
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ThomCat (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 06:27 PM Response to Reply #8 |
14. Unfortunately, you're absolutely right. |
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louis-t (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 05:57 PM Response to Original message |
9. I deal with foreclosures and HUD all the time. |
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Schema Thing (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 06:01 PM Response to Original message |
10. I just purchased a motorcycle from an RE investor... |
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diamidue (606 posts) Send PM | Profile | Ignore | Sun Aug-23-09 06:02 PM Response to Original message |
11. I wouldn't buy now. |
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gorfle (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 06:08 PM Response to Original message |
12. I take this as good news. |
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madmax (1000+ posts) Send PM | Profile | Ignore | Sun Aug-23-09 06:20 PM Response to Original message |
13. Cash is always king |
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redqueen (1000+ posts) Send PM | Profile | Ignore | Mon Aug-24-09 10:37 AM Response to Original message |
16. Who could have guessed that it'd be the wealthy taking advantage of this situation. |
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