lannypoffo
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Let me know if you'd like a link out to a different site where you can read more about buying REOs and the difference between a warranty deed v. a bargain and sale deed. Thanks Jillayne - I would appreciate the links to further my research. …
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This story keeps getting better and better.... http://seattletimes.nwsource.com/html/d ... d=obinsite Lanny
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Nice to see that there is a follow-up to the story: http://seattletimes.nwsource.com/html/t ... _at_k.html Looks like the media attention prompted the Kirkland police to take action. Hopefully other clever operators don't get any bright idea'…
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Auction results are in and it looks like there are quite a few knife catchers out there still ..... http://www.capitolhillseattle.com/2009/ ... ondo-reset http://www.capitolhillseattle.com/2009/ ... e-discount Lanny
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I think the anecdotal story was an interesting aside that detracts from some of the more central questions that the story brings forward. For example if the carrying cost of an REO property is about 10% (and understandably this probably isn't a m…
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Couple of followups: Urbnlivn has more info about what properties may be impacted: http://www.urbnlivn.com/2008/12/15/live ... truggling/ Also - if you DO go to the condo auction - don't be suckered into paying more that you originally me…
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Would that be a MSF (Modified Stationary Panic) or a FBLS (Full Bore Linear Panic)? If you don't know the difference, then you need to read more Patrick McManus. Lanny
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Gapevine has it that employees being laid off immediately will get 2 months of severance for every year of service. For those that will be retained, but get laid off at a later time, they will get an immediate bump in salary, sometime up to doubled…
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The problem with the plan as voted down is that the plan was aimed at fixing the wrong thing and was more likely to exacerbate the problem than make it better. Many experts and layperson's understood this. There is a great post over at Naked Cap…
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Ubersalad wrote: How did you extract the subject line of this thread out of that crap? The title of the Thread was the actual title that appeared on the CNN Homepage - "Real Estate Prices dropping weekly" Lanny
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Alan wrote: "A fool and his money are soon parted." This suggests a way to generate business plans. Step 1: Identify fools. (for example, people who purchased housing beyond their means). Step 2: Find out how fools are being separated from …
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So what is the business model here? Youwalkaway.com claims that they help people be informed of their rights, and help them stay in their house "without paying" for up to a year. So how does youwalkaway.com profit? Hmmmm..... 1. Set up websit…
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This one is great...In the first picture, lower left hand corner - X-mas theme bright red handgun? Or drill? http://www.redfin.com/stingray/do/print ... id=1342428 http://i-0.rfimg.us/photo/1/bigphoto/44 ... 44_3_1.jpg http://i-0.rfimg.u…
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Looks like Krugman has been been talking about it for a while now... Krugman GoogleTalk on th housing market crisis
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explorer wrote: Don't you know, they are all eating a diet of government cheese, and living in a VAN DOWN BY THE RIVER... I'm not sure if that in fact will not come about.... SNL reference aside - maybe not all that far from the truth: h…
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Thanks for the help, the ziprealty.com pricetrack is exactly the information I was looking for! Lanny
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Thanks faster, That adds Price Reduced as a search term, but I don't see how much the reduction was, or if the price was reduced mutliple times. Specifically what I'd like to see is for any given MLS# the date the property first went up for sale…
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How about this one - purchased 8/23 Listed for sale again 22 days later at $140K higher price! What kind of changes could be made in 3 weeks that would add $140K value? http://www.redfin.com/stingray/do/print ... id=1126527