Comments for Real Estate http://www.grupgemma.org Thu, 22 Apr 2010 00:15:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 Comment on Why are blue states the highest among mortgage delinquencies and foreclosures? by realitycheck http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures/#comment-2752 realitycheck Thu, 22 Apr 2010 00:15:59 +0000 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures#comment-2752 Because they knew they could buy way more house then they could afford, and when they got in over their head, they can look to the government to bail them out and save the day!<br><b>References : </b><br> Because they knew they could buy way more house then they

could afford, and when they got in over their head, they can

look to the government to bail them out and save the day!
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]]> Comment on Why are blue states the highest among mortgage delinquencies and foreclosures? by jerry z http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures/#comment-2751 jerry z Wed, 21 Apr 2010 23:34:59 +0000 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures#comment-2751 WHAT WILL IT ALL COME, FREE HOMES FOR THEM.<br><b>References : </b><br> WHAT WILL IT ALL COME, FREE HOMES FOR THEM.
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]]> Comment on Why are blue states the highest among mortgage delinquencies and foreclosures? by Think 1st http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures/#comment-2750 Think 1st Wed, 21 Apr 2010 23:08:59 +0000 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures#comment-2750 From the article and States mentioned, it would seem to be the volume of properties bought and sold, along with population density.<br><b>References : </b><br> From the article and States mentioned, it would seem to be the volume of properties bought and sold, along with population density.
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]]> Comment on Why are blue states the highest among mortgage delinquencies and foreclosures? by Dead Fox http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures/#comment-2749 Dead Fox Wed, 21 Apr 2010 22:46:59 +0000 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures#comment-2749 No idea. But a single connection between two traits isn't enough to rule out others. Hastily drawn conclusion based of facts found when trying to prove one's point. Be it true or not, your dogmatism is showing.<br><b>References : </b><br> No idea. But a single connection between two traits isn’t enough to rule out others. Hastily drawn conclusion based of facts found when trying to prove one’s point. Be it true or not, your dogmatism is showing.
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]]> Comment on Why are blue states the highest among mortgage delinquencies and foreclosures? by jim t http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures/#comment-2748 jim t Wed, 21 Apr 2010 22:12:59 +0000 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures#comment-2748 Basically, its due to GREED..people who buy overpriced realestate with ARM's. Then when they get sick, laid off, one of the wageearners is not enough to keep their heads above water. This can happen to blue or red, libs or neos, whatever. Why does the mortgage industry whine when THEY are the ones who foolishly granted the risky creditor a loan in the first place.? We're back to my original premise: its due to GREED!<br><b>References : </b><br>Been there, done that Basically, its due to GREED..people who buy overpriced realestate with ARM’s. Then when they get sick, laid off, one of the wageearners is not enough to keep their heads above water. This can happen to blue or red, libs or neos, whatever. Why does the mortgage industry whine when THEY are the ones who foolishly granted the risky creditor a loan in the first place.? We’re back to my original premise: its due to GREED!
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Been there, done that

]]> Comment on Why are blue states the highest among mortgage delinquencies and foreclosures? by Chi Guy http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures/#comment-2747 Chi Guy Wed, 21 Apr 2010 21:59:59 +0000 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures#comment-2747 Cali isn't a state. It is a universe all its own. I lived there for 1.5 years. They deserve to have the worst of it with mortgages due to the ridiculous prices that people were foolish enough to pay. Had Cali residents simply refused to buy those tiny homes for those ridiculous prices, they would not be in the situation they are in now. MI is suffering due to Auto Plant layoffs. NY is just as ridiculous as Cali when it comes to price per square foot. Cali was big on: - Interest only loans - 50 year mortgages - Giving away a motorcycle or vacation with a home purchase I tried to tell those nuts to just say no. A Repub friend of mine in Visalia tried to convince me to buy in Cali in 2005. I chose to rent a 2 bedroom condo for $895 per month which was a bargain as I always stay in upscale neighborhoods with many nearby conveniences. Any home I'd consider was $450 - $600k at 1.2% of purchase price prop tax per year. This was in Fresno from spring 2005 - fall 2006<br><b>References : </b><br> Cali isn’t a state. It is a universe all its own. I lived there for 1.5 years. They deserve to have the worst of it with mortgages due to the ridiculous prices that people were foolish enough to pay.

Had Cali residents simply refused to buy those tiny homes for those ridiculous prices, they would not be in the situation they are in now.

MI is suffering due to Auto Plant layoffs.

NY is just as ridiculous as Cali when it comes to price per square foot.

Cali was big on:
- Interest only loans
- 50 year mortgages
- Giving away a motorcycle or vacation with a home purchase

I tried to tell those nuts to just say no. A Repub friend of mine in Visalia tried to convince me to buy in Cali in 2005. I chose to rent a 2 bedroom condo for $895 per month which was a bargain as I always stay in upscale neighborhoods with many nearby conveniences. Any home I’d consider was $450 – $600k at 1.2% of purchase price prop tax per year. This was in Fresno from spring 2005 – fall 2006
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]]> Comment on Why are blue states the highest among mortgage delinquencies and foreclosures? by Run Lola Run http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures/#comment-2746 Run Lola Run Wed, 21 Apr 2010 21:54:59 +0000 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures#comment-2746 Since when have Ohio and Flordia been a blue state? Out of the three mentioned only Cali is blue. Do'h!<br><b>References : </b><br> Since when have Ohio and Flordia been a blue state?

Out of the three mentioned only Cali is blue. Do’h!
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]]> Comment on Why are blue states the highest among mortgage delinquencies and foreclosures? by BekindtoAnimals22 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures/#comment-2745 BekindtoAnimals22 Wed, 21 Apr 2010 21:21:59 +0000 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures#comment-2745 Ohio and Florida are swing states. The last time this happened, Indiana was right up there. Indiana is red. Parts of Ohio has very high unemployment and a shaky economy. I don't know how Florida's economy is. Republicans and Democrats are susceptible to the effects of changes in economic conditions.<br><b>References : </b><br> Ohio and Florida are swing states. The last time this happened, Indiana was right up there. Indiana is red. Parts of Ohio has very high unemployment and a shaky economy. I don’t know how Florida’s economy is. Republicans and Democrats are susceptible to the effects of changes in economic conditions.
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]]> Comment on Why are blue states the highest among mortgage delinquencies and foreclosures? by rance42 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures/#comment-2744 rance42 Wed, 21 Apr 2010 21:16:59 +0000 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures#comment-2744 One of the things not covered on those scales is the military base closings. High taxes and relocation of military without some one moving in either by rent or to buy, will leave the military member with only one answer which is to allow foreclosure.<br><b>References : </b><br> One of the things not covered on those scales is the military base closings. High taxes and relocation of military without some one moving in either by rent or to buy, will leave the military member with only one answer which is to allow foreclosure.
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]]> Comment on Why are blue states the highest among mortgage delinquencies and foreclosures? by Thomas B http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures/#comment-2743 Thomas B Wed, 21 Apr 2010 20:54:59 +0000 http://www.grupgemma.org/realestate-com/why-are-blue-states-the-highest-among-mortgage-delinquencies-and-foreclosures#comment-2743 Two of the three states mentioned, Florida and Ohio voted Bush in 2000 and 2004, Florida especially is a Red State.<br><b>References : </b><br> Two of the three states mentioned, Florida and Ohio voted Bush in 2000 and 2004, Florida especially is a Red State.
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