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hedgehog (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:46 AM Original message |
Who is facing foreclosure? |
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lonestarnot (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:48 AM Response to Original message |
1. I know of a house flipper who lost his ass. Don't know him personally, |
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hedgehog (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:55 AM Original message |
See, that's the problem, we've all heard or read lots of anecdotes, |
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Tandalayo_Scheisskopf (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:07 AM Response to Reply #1 |
14. For that gentleman... |
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Tansy_Gold (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 03:30 PM Response to Reply #1 |
48. The house I sold 2.5 years ago, foreclosed twice since then. |
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trueblue2007 (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:52 AM Response to Original message |
2. We almost lost our home in 2001 |
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SmileyRose (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:59 AM Response to Reply #2 |
6. Veterans are generally treated like filth. |
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CrispyQ (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:26 AM Response to Reply #2 |
26. We paid our little house off ten years ago. |
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FightingIrish (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:54 AM Response to Original message |
3. I've gotten into the perverse habit of reading the many pages |
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firedupdem (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:55 AM Response to Original message |
4. I don't really know all the facts but I can say this...I didn't have |
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hedgehog (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:59 AM Response to Reply #4 |
7. You've brought up an excellent point: I wish I could find the article, |
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InkAddict (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:08 AM Response to Reply #4 |
16. Agreed - no job for long enough and no mortgage/lease payments. |
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Heather MC (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:10 AM Response to Reply #4 |
19. Ahh the Clinton Years, I got a job as a web designer after only going to 3 classes |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 10:56 AM Response to Original message |
5. As someone in the industry I can tell you that nobody tracks that directly |
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hedgehog (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:00 AM Response to Reply #5 |
8. People making bad decisions or people making the best of a bad situation? |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:36 AM Response to Reply #8 |
30. All of the above, I think |
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lonestarnot (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:01 AM Response to Reply #5 |
9. Wha? |
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hedgehog (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:09 AM Response to Reply #9 |
17. Actually\, I was the one who suggested that there was a common denominator. |
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lonestarnot (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:11 AM Original message |
And job loss, did you consider that? |
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hedgehog (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:13 AM Response to Original message |
22. I'm not sure what you mena, but if you're suggesting that some of the people facing foreclosure were |
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lonestarnot (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 06:37 PM Response to Reply #22 |
57. Well that is one scenario, but how many jobs have just disappeared because of the spiral down? |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:32 AM Response to Reply #9 |
27. The "common denominator" statement was quoted from the OP |
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Gormy Cuss (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:45 AM Response to Reply #5 |
34. HMDA data is the best source for teasing out such information. |
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Fluffdaddy (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:03 AM Response to Original message |
10. I live in my means. I did NOT buy a house I could NOT afford |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:11 AM Response to Reply #10 |
20. They don't teach this stuff in school, you know |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:34 AM Response to Reply #20 |
28. They really should teach it in school! |
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calimary (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 12:00 PM Response to Reply #20 |
36. We had that pitch made to us by a then-coworker of my husband's. |
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FirstLight (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 12:42 PM Response to Reply #36 |
37. You know, it IS the predatory lending more than anything... |
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calimary (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 02:55 PM Response to Reply #37 |
43. DAMN. Sorry to hear that. |
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PassingFair (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 03:01 PM Response to Reply #10 |
44. Nice attitude. With posters like you.... |
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Blue Diadem (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 03:29 PM Response to Reply #10 |
47. That's just one aspect. People have lost their jobs. |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:04 AM Response to Original message |
11. I know the foreclosure notice pages have quadrupled |
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mike_c (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:05 AM Response to Original message |
12. I am NOT facing foreclosure.... |
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CrispyQ (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 02:36 PM Response to Reply #12 |
41. Well said. |
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hedgehog (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 03:41 PM Response to Reply #41 |
50. My husband and I have a mortgage on a very modest house |
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mnhtnbb (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:05 AM Response to Original message |
13. I have a friend who was foreclosed on in Michigan about 2 years ago. |
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tjwash (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:08 AM Response to Original message |
15. Oh yeah...I rented to a couple of folks that lost their homes. |
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hedgehog (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:11 AM Response to Reply #15 |
21. Which goes directly to my point; if you think that it's just |
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aikoaiko (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:09 AM Response to Original message |
18. I don't know anyone who is in foreclosure. |
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flvegan (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:21 AM Response to Original message |
23. I can give you a good response as to Florida. |
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mike_c (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:38 AM Response to Reply #23 |
32. dude, we might be idiots, but we're the ones who were RIGHT.... |
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flvegan (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:56 AM Response to Reply #32 |
35. I think you make a good point |
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PassingFair (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 03:10 PM Response to Reply #23 |
45. #5 |
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phusion (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:24 AM Response to Original message |
24. I've been renting for nearly ten years... |
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InvisibleTouch (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:25 AM Response to Original message |
25. Raises hand. |
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hedgehog (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 02:12 PM Response to Reply #25 |
39. My OP was asking about the aggregate rather than the personal, |
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Vanje (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:34 AM Response to Original message |
29. Right where I live |
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slackmaster (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:44 AM Response to Reply #29 |
33. The "Just walk away" strategy |
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SharonAnn (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 03:42 PM Response to Reply #29 |
51. Person buying my old kitchen cabinets said they were glad they weren't from a |
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Gormy Cuss (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 11:37 AM Response to Original message |
31. The question on who faces foreclosure is broader than just the sub-prime loan segment. |
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hedgehog (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 02:10 PM Response to Reply #31 |
38. Your post reminds me of the story that broke some years back |
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Gormy Cuss (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 02:46 PM Response to Reply #38 |
42. You should read the report at my link. |
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AlCzervik (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 02:17 PM Response to Original message |
40. 3 on my street plus one short sale. The short sale, i know the whole story, i'll give you the |
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Phoebe Loosinhouse (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 03:13 PM Response to Original message |
46. A lot of small business people , probably |
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backwoodsbob (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 03:32 PM Response to Original message |
49. own my home outright |
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azmouse (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 03:48 PM Response to Original message |
52. 2 homes in my neighborhood are in foreclosure.... |
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Tansy_Gold (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 04:05 PM Response to Reply #52 |
53. What AZ neighborhood are you in? |
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azmouse (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 04:17 PM Response to Reply #53 |
54. Glendale |
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Tansy_Gold (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 07:06 PM Response to Reply #54 |
58. That's how I feel about my old house in Buckeye. |
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samuraiguppy (1000+ posts) Send PM | Profile | Ignore | Sat Sep-20-08 04:33 PM Response to Original message |
55. at my old job, I worked with a senior engineer |
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Name removed (0 posts) Send PM | Profile | Ignore | Sat Sep-20-08 04:40 PM Response to Original message |
56. Deleted message |
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