patrick.net

"Sprewells" it is then. My "gangsta's" a bit rusty.

chocolate sushi... it used to be something else but closed down. It was too fancy for sunnyvale.

I have a single female friend who just bought a fancy new car and remodeled kitchen with a HELOC. She is a true american hero. (she also has a housemate to help pay down the mortgage)

I went to buy some Uni tonight but was over bid by a waddling boomer with a amex black card.

El HARM-O

7/7/07 good for you and Mrs HARM?

Ha-Ha,

They had been discussing that case over at Registered Rep for the last few weeks and most of the comments were right in line with SP's. It must come under, wtf?

surfer-x Says:

Wang and Chen?

To bad it wasn’t Wang and Chung.
_____

As in, "Everybody have fun tonight: everybody Wang Chung tonight!"

Ha, ha!

Haven't heard that song in years (thank god!)...

chocolate sushi… it used to be something else but closed down. It was too fancy for sunnyvale.

Too fancy? LOL.

What about Sawa sushi, which costs at least 5 times more? (The substance is way more than 5 times though, so the value is much better.)

Peter P,

Is there any significant about....

7/7/07 ?

I mean other than HARM and X getting outrageously tanked?

Peter P-

You found real wasabi at restaurants in the USA? I've ordered from Pacific Farms, which had rather puny rhizomes compared with Tsukiji. Every now and then I've seen rhizomes at Japanese markets, but I'd pretty much given up hope for real sushi outside Japan. I'm open to recommendations!

Contra Costa is particularly suspectible. Saw a presentation by a Union Bank economist at the Livermore Chamber of Commerce Economic Development meeting (sorry, no link, community tv ain't digitized) in which he illustrated that the only growing job sector in the county is construction. He also broke it down by residential and commercial. Commercial construction is the only leading job creator in the county right now .

He failed to make the logical conclusion that most of these construction workers cannot afford to buy the homes they're building.

Sorry, I'll have to bow out of the spending contest. I have to save up for the impending bail out. There's no good sushi out here anyway.

suspectible s/b susceptible

Peter P,

7/7/07 ?

I will check the star chart. Perhaps it will be a day of great enlightenment.

You found real wasabi at restaurants in the USA?

Where do you live? Can you send me a e-mail? My wife does not allow me to discuss our favorite Japanese restaurant on the blog anymore.

If you feel like eating lots of goof fish, Sawa sushi in Sunnyvale is a good choice. But they pretty much only have raw fish and nothing else. They have no menu and no prices. It is all up to the chef.

They will give you so much fish that you do not want to see sushi for at least two weeks. The quality is good though.

Still, USA is not Japan. The fish is never exactly the same.

When I posted Kathleen Pender's article yesterday, I did leave out the choicest part. Now this guy is definitely trying to do his part. I nominate him for (almost) real financial hero of the week.
Daniel Y. of San Francisco has a question that's on the mind of many homeowners these days. Daniel wants to sell his condo and move into a bigger one in a nicer neighborhood. He figures the price he could get would pay off his first mortgage, but not a $50,000 home equity line of credit he took out last year to repay credit card debt.
Daniel says the shortfall could be $10,000 to $30,000 and wants to know what would happen if he didn't pay it.
Non-recourse is starting to go "Main Street", and people are getting creative... I love Amerika.

El HARM-O
7/7/07 good for you and Mrs HARM?

Si, señor.
For the rest of you: this is the tentative date for SoCAL Blog Party III.

>> Daniel wants to sell his condo and move into a bigger one in a nicer neighborhood. He figures the price he could get would pay off his first mortgage, but not a $50,000 home equity line of credit he took out last year to repay credit card debt. Daniel says the shortfall could be $10,000 to $30,000 and wants to know what would happen if he didn’t pay it.

EBGuy:
> Non-recourse is starting to go “Main Street”, and people are getting creative… I love Amerika.

HELOCs are still recourse, of course, and will remain so. Daniel better puts the debt back on his credit card, if he wants the deal. But you're right, too: The question alone tells of an immoral mind.

"The question alone tells of an immoral mind"

Yeah, wazzup? Doesn't sound like "A Real Financial Hero" to me! Should any of us be surprised? Evidently the very mindset that allows one to get a NINJA loan is the same one that allows you to walk away from it. But just the fact that he's considering selling and moving to a bigger unit in a nicer area means he should at least be given "side-kick status". Not a "real" hero, more like Tonto or Robin (The Boy Wonder).

But just the fact that he’s considering selling and moving to a bigger unit in a nicer area means he should at least be given “side-kick status”.

And, quite possibly, he has inspired a 100% ARM holder in a subdivision where similar houses are now selling for $100k less to "upgrade" and then drop the less desirable home (mortgage).
Heck I am even giving consideration to a spec-u-vestment for the two year capital gains exemption if they are still writing 100% option ARMs. Well, maybe I'll wait to see if the Mortgage Cancellation Tax Relief Act of 2007 becomes law -- no reason to ruin one's credit if it doesn't work out. :-)

What are the 2 things you need to run a scam in Florida?

1. Phone

2. Air conditioner

Daniel Y. of San Francisco has fugging balls of fugging steel to even ask that fugging question.

I, too, would like to move to a 'nicer place' in a 'nicer neighborhood' and have someone pay me $30K to do so. I would also like a three-way with Jessicas Biel and Alba.

Licensed real estate agent complaining about the high prices

Housing prices are outrageous!!! Especially for what they look like inside!!!!!

OK rant over.

For the rest of you: this is the tentative date for SoCAL Blog Party III.

Blog Party III? For marketing purpose perhaps you should call it Blog Party 777.

Here's a new one in a rental property -
"(covered through your low $40 monthly HOA dues)" - not only are they asking for a lot of rent, but they want you to pay the HOA fees as well!

Uncle HARM, some candy please?

@Peter P,

;-) Nice catch, and all 7's --very lucky. Funny, I didn't notice that.

Maybe it is one of those cases where they are only prosecuting the crime they can prove (even though many more crimes were probably committed).

sawa sushi is excellent, I think my favorite is still Ebisu in SF. Reasonable price but great quality.

WW: I can't tell if you are a Troll or just ignorant. Tracking prices in a small area hardly makes you an expert.

sawa sushi is excellent, I think my favorite is still Ebisu in SF. Reasonable price but great quality.

WW: I can’t tell if you are a Troll or just ignorant. Tracking prices in a small area for one year hardly makes you an expert.

WealthyWoman,

Appreciate your insight and concern. Could you provide the following:

1) List of houses that you've been trying to purchase but failed
2) Original list price
3) Selling price
4) MLS number
5) Any other date that you deem pertinent

Thanks

- date
+ data

Dammit, you guys made Big Brother undergo a gender change? For shame. Although, well... it is San Fran, after all.

Wealthy Woman, I keep bidding on foreclosures, but they're going for 125%+ of the asking price with multiple bids. How's the sunny walk playing poker with the Confused guys of Marina?

Carl Says: I would also like a three-way with Jessicas Biel and Alba.

I would take just Biel. No need to be greedy when the quality is that high.

Where do you live? Can you send me a e-mail? My wife does not allow me to discuss our favorite Japanese restaurant on the blog anymore.

Why's that?

I hope to be able to make it. It will be fun to meet all of you in person.

PeterP we're going to be up your way tomorrow. If you and you wife are free for dinner you can send an email to Malcolm.Shaw@Cox.net.

no period after the .net

WealthyWoman:

If I may ask, why is it that you are in such a hurry to buy?

serpentor,

Reasons why "WealthyWoman" is a troll and not just ignorant.

1. The statement "the market is in a frenzy" is just a straight lie, when you consider every statistical report from the likes of Dataquick etc. is saying the exact opposite. Heck, even CAR is reporting a slow market.
2. "You guys should seriously wake up from denial." Right, let's denigrate the regulars on our very first post. Without. as BAN points out above, providing a single piece of hard evidence for why they are wrong.

(OK, I will admit it's just possible she's an incredibly crass MOTU who is talking about a vanishingly small top-end submarket with her condescending "areas ... that people want to live". Still not someone I'm interested in conversing with.)

It is funny to have someone say people here are in denial, especailly when the majority of us aren't even in the Bay area. I too am suspicious but I try to give the person the benefit of the doubt until I know for sure. It sure has been a long time since I've seen anyone dispute the bubble bursting.

i have spent several months in mainland china, and met hundreds of people... never heard Tang or poon back to a "nin gui shing?" ever...