patrick.net
An Antidote to Corporate Media
1,364,015 comments by 15,735 users - Eric_Holder, FortWayneHatesRealtors, GNL, Patrick online now
« First « Previous Comments 130 - 130 of 130 Search these comments
130
RentingForHalfTheCost
@
2012 Dec 3, 10:18am
RentingForHalfTheCost
@
2012 Dec 3, 10:18am
Then, like a neutron star he imploded. Last post Nov 17, looks like he rolled up shop and deleted the name "reader" so just his ID number 37108605 remains.
He probably got an offer to buy a house with no money down. Then, even before the closing was cold, he got a HELOC and promptly got trapped in the hull of his new ski boat drifting around the fingers of Lake Shasta. Luckily he filled the hull with booze and slim Jims so he might survive the winter in time to be rescued. By that time the house would have dropped 10% in value. ;)
« First « Previous Comments 130 - 130 of 130 Search these comments
http://loganmohtashami.com/2012/06/11/orange-county-ca-housing-inventory-ghost-town/
This post, somewhat ironically coming from a loan officer in Orange County, CA, is several months old, but remains equally relevant today and succinctly explains the completely dysfunctional real estate market of 2012.
#housing