Correction: Shoshana Posted by Pamela on March 26, 2007, 8:06 pm, in reply to "Re: O.T. A Disheartening Time. . ." 71.109.255.217 Sorry! Pam --Previous Message-- : Pam, please don't jump to conclusions : regarding subprime lenders. Maybe they : were just greedy investors out to : "make a killing". That's : exactly what drove up the prices here : in AZ! Many people are suffering for : that now. : I am certainly not a fan of subprime : lenders. But not all of them were : crooked. : JMHO : --Previous Message-- : I was in a particular city today : (one of my service areas), and it : was astonishing to see so VERY : many "For Sale" signs. On : one street : alone I counted approximately twelve : homes! : : I was in that area about ten days : ago. : Although there were the usual : "For Sale" : signs sprinkled about, it was nothing : like I saw today. : : On just about every block, there were : three or more signs. What makes this : particularly interesting, is that : many of : these properties were also marked : "just : reduced" or "priced for : quick sale". : : I know this area very well and : remember : a few years ago, when it was a : seller's : delight! During that time, many of : these : homes, (in my opinion) though very : nice, : were price Much too high. : : Now it seems as though these home : can't : even be given away! : : Though I do not have proof (without : actually researching the county : recorder's office), I suspect many of : these homeowners are victims of the : Sub-prime lending and/or : "creative : financing" fallout. : : I wonder how many of these Sub-Prime : Lenders and Mortgage Brokers are : having : to face the same situation? Probably : zero : (if that much). : : [And yes, I know that many of these : lenders etc. . .are : "closing-shop", but : I am very sure, that THEIR : residential : properties (for which they are : actually : living) are not facing foreclosure.] : : It is really a disheartening time for : many. : : : Pam : : : : : : : : : Message Thread: O.T. A Disheartening Time. . . - Pamela March 26, 2007, 5:09 pm Hey Pam:) My take on the for sale signs.. - FlaMac March 28, 2007, 5:56 am Hi Fran Correction - Pamela March 28, 2007, 7:31 pm God didn't make all of us honest.... - FlaMac March 29, 2007, 9:09 am Re: God didn't make all of us honest.... - Shoshana/AZ March 29, 2007, 6:58 pm As if you don't waste enough space here... - Becca/FL March 28, 2007, 8:42 pm Did your mother teach you to talk like that?... - FlaMac March 29, 2007, 9:13 am Hi Fran! - Pamela March 28, 2007, 4:41 pm The sky is falling, the sky is falling - pl March 28, 2007, 4:26 pm It is the same thing in Las Vegas... - Glena/NV March 27, 2007, 12:30 pm "because of sub-prime lending" - SueW/Tn March 27, 2007, 12:42 pm do your job, go home and don't get personally involved - Mistarella/FL March 28, 2007, 11:36 am Mistarella/FL - Pamela March 28, 2007, 2:43 pm Please take a note....SUB-PRIME LENDING... - Glena/NV March 27, 2007, 1:23 pm Re: O.T. A Disheartening Time. . . - DeniseA/socal March 26, 2007, 10:13 pm Re: O.T. A Disheartening Time. . . - Pamela March 27, 2007, 8:03 am Give up the whining and go back to - Becca/FL March 26, 2007, 9:34 pm BECCA Re: Give up the whining and go back to - Pamela March 27, 2007, 5:49 am Re: Give up the whining and go back to - Shoshana/AZ March 27, 2007, 4:47 am Re: Give up the whining and go back to - Pamela March 26, 2007, 11:25 pm Re: Give up the whining...Pam - Becca/FL March 28, 2007, 7:44 am Re: Give up the whining and go back to - Shoshana/AZ March 27, 2007, 4:52 am Shoshana II - Pamela March 27, 2007, 7:19 am Re: Shoshana II - Shoshana/Az March 27, 2007, 10:29 am Re: O.T. A Disheartening Time. . . - Shoshana/AZ March 26, 2007, 6:26 pm Correction: Shoshana - Pamela March 26, 2007, 8:06 pm Shoshanna - Pamela March 26, 2007, 8:04 pm Re: Shoshanna - Shoshana/AZ March 26, 2007, 8:36 pm Search Messages: