Comments on: Arlington Virginia Foreclosures. How to buy like a REALTOR.

By: BoogieWithStew

BoogieWithStew — Sun, 02 Mar 2008 00:22:03 +0000

It doesn’t seem like you got a good deal. You’re looking at

* $50,000+ in repairs
* Closing costs on all 3 properties
* Realtor fees
* $17K loss on your fiancee’s property

And the house is probably worth less than $615K today.

I’ve seen REOs recently sell for much less than asking price.

By: alanhowitzer

alanhowitzer — Fri, 29 Feb 2008 22:00:04 +0000

Lady, I have some advise for you.

When you wake up tomorrow gather all the infomation you have on your houses.

Go to your computer.

Put all your houses on the market for 10% less then the asking market price.

Put all your money into Euros, New Zeland dollars, and gold as the worst housing downturn of our lives begins to wreck havoc on the economy.

By: bos2veg

bos2veg — Sun, 10 Feb 2008 02:34:02 +0000

buy like an appraiser rather than a realtor.

By: bos2veg

bos2veg — Sun, 10 Feb 2008 02:30:30 +0000

why buy??? rent!! its not getting any better any time soon.

By: Punit29

Punit29 — Fri, 25 Jan 2008 20:57:29 +0000

You ARE HOT!!!! You look so beautiful on camera!…

By: kathydurbin

kathydurbin — Thu, 10 Jan 2008 00:12:35 +0000

Enjoyed the video. Sounds like you did your homework and it was worth the loss on the one home to get this deal. Congratulations.

By: 88hawaii

88hawaii — Sun, 02 Dec 2007 08:24:38 +0000

This is a fantastic video. I wanted to do real estate shopping blogs for a while, but I’m such an amateur. I learned tons from this video. Thanks for the upload! And you can ignore other people’s negative comments – it was really educational to me! Thanks again!

By: javawhz

javawhz — Sun, 25 Nov 2007 08:38:13 +0000

when you said drive by shooting I didn’t immediately realize you were talking about cameras :D LOL!

By: drumsnbass

drumsnbass — Sun, 25 Nov 2007 00:24:54 +0000

We are many years away from this all stabilizing — if at all. it is possible this time around that the dollar based system of the world since Bretton Woods will actually break down, in which case we could be in as much trouble as Japan — without their savings.

By: drumsnbass

drumsnbass — Sun, 25 Nov 2007 00:24:32 +0000

oh, it could well be more than 2 years, no doubt about it. i expect 2 years to be about bottom of this market, though it could be as long as 5 years.

Starting in Jan 2007, and avge of $25B a month in sub-slime only mortgages reset every month for 24 months. This ignores the Alt-A and prime adjustables, which also show signs of stress. Then we get about 6-8 months of calm before we hit about 15 months of Option-ARM resets with about $15B/month for those as well.