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	<title>Comments on: Lowball April 1-15, 2007</title>
	<atom:link href="http://njrereport.com/index.php/2007/04/23/lowball-april-1-15-2007/feed/" rel="self" type="application/rss+xml" />
	<link>http://njrereport.com/index.php/2007/04/23/lowball-april-1-15-2007/</link>
	<description>Real Estate, Economics, and Politics</description>
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		<title>By: njs</title>
		<link>http://njrereport.com/index.php/2007/04/23/lowball-april-1-15-2007/#comment-91532</link>
		<dc:creator>njs</dc:creator>
		<pubDate>Wed, 25 Apr 2007 13:29:52 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/04/22/lowball-april-1-15-2007/#comment-91532</guid>
		<description>Can you get lowball for spring lake and spring lake heights?
Everyone would be shocked to see homes selling not only way below asking but 20% or more below assesed! The assesment was done at the height of the market in 2005. This would be a great guage for the shore, since everyone thinks Spring Lake is untouchable by a real estate down turn.</description>
		<content:encoded><![CDATA[<p>Can you get lowball for spring lake and spring lake heights?<br />
Everyone would be shocked to see homes selling not only way below asking but 20% or more below assesed! The assesment was done at the height of the market in 2005. This would be a great guage for the shore, since everyone thinks Spring Lake is untouchable by a real estate down turn.</p>
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	<item>
		<title>By: AHS</title>
		<link>http://njrereport.com/index.php/2007/04/23/lowball-april-1-15-2007/#comment-90886</link>
		<dc:creator>AHS</dc:creator>
		<pubDate>Sun, 22 Apr 2007 17:34:18 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/04/22/lowball-april-1-15-2007/#comment-90886</guid>
		<description>Is it possible to get the lowballs if any on towns like Tenafly, Cresskill, Alpine, Demarest, Closter, Cliffside Park, Fort Lee, Franklin Lakes etc?</description>
		<content:encoded><![CDATA[<p>Is it possible to get the lowballs if any on towns like Tenafly, Cresskill, Alpine, Demarest, Closter, Cliffside Park, Fort Lee, Franklin Lakes etc?</p>
]]></content:encoded>
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	<item>
		<title>By: UnRealtor</title>
		<link>http://njrereport.com/index.php/2007/04/23/lowball-april-1-15-2007/#comment-90879</link>
		<dc:creator>UnRealtor</dc:creator>
		<pubDate>Sun, 22 Apr 2007 16:06:10 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/04/22/lowball-april-1-15-2007/#comment-90879</guid>
		<description>Thanks JB, and thanks for including the spreadsheet too!</description>
		<content:encoded><![CDATA[<p>Thanks JB, and thanks for including the spreadsheet too!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: HOUSE OF PAIN</title>
		<link>http://njrereport.com/index.php/2007/04/23/lowball-april-1-15-2007/#comment-90870</link>
		<dc:creator>HOUSE OF PAIN</dc:creator>
		<pubDate>Sun, 22 Apr 2007 15:03:34 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/04/22/lowball-april-1-15-2007/#comment-90870</guid>
		<description>&#039;Upside Down&#039; Home Sellers Owe More Than They Get

By Nancy Trejos
Washington Post Staff Writer
Friday, April 20, 2007; A01

Jeffrey Taylor and his wife bought their dream home in Purcellville for $538,000 last August. Now they have to sell it because they are getting divorced and neither one can afford the mortgage alone.

The most they could get for it was $430,000. After paying all the real estate commissions and taxes, they will still owe the bank $118,000.

http://www.washingtonpost.com/wp-dyn/content/article/2007/04/19/AR2007041902924_pf.html</description>
		<content:encoded><![CDATA[<p>&#8216;Upside Down&#8217; Home Sellers Owe More Than They Get</p>
<p>By Nancy Trejos<br />
Washington Post Staff Writer<br />
Friday, April 20, 2007; A01</p>
<p>Jeffrey Taylor and his wife bought their dream home in Purcellville for $538,000 last August. Now they have to sell it because they are getting divorced and neither one can afford the mortgage alone.</p>
<p>The most they could get for it was $430,000. After paying all the real estate commissions and taxes, they will still owe the bank $118,000.</p>
<p><a href="http://www.washingtonpost.com/wp-dyn/content/article/2007/04/19/AR2007041902924_pf.html" rel="nofollow">http://www.washingtonpost.com/wp-dyn/content/article/2007/04/19/AR2007041902924_pf.html</a></p>
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	<item>
		<title>By: R Patrick</title>
		<link>http://njrereport.com/index.php/2007/04/23/lowball-april-1-15-2007/#comment-90856</link>
		<dc:creator>R Patrick</dc:creator>
		<pubDate>Sun, 22 Apr 2007 12:37:13 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2007/04/22/lowball-april-1-15-2007/#comment-90856</guid>
		<description>2332938 in fort lee what was it? Had to be a condo since houses cost 2-3 times as much?</description>
		<content:encoded><![CDATA[<p>2332938 in fort lee what was it? Had to be a condo since houses cost 2-3 times as much?</p>
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