Comments on: Becoming a Subprime Society

By: Joyce

Joyce — Fri, 12 Dec 2008 12:19:04 +0000

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don’t know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Joyce

http://www.webtraffictrigger.com

By: pile

pile — Fri, 12 Dec 2008 06:10:09 +0000

If you really want to sell your house you dont need a real estate agent put your own ads in the paper have your own open houses . Put the price right on the window . it should sell its self unless there is somthing your trying to hide thats why alot of people use a real estate agent. Hiding face. agents just never seem to have all there facts right. Whats really scary is i had a well meaning succesfull agent tell me if my house were his he would nock out that wall and extend the room out on the portch i said oh you would would you. He had no clue that it was a tri bearing ceiling wall he was talking about knocking down. Agent Dope. No you can’t knock down any wall.. So keep your commission and use a reputable title company.

By: littlepile

littlepile — Fri, 12 Dec 2008 05:20:22 +0000

Since 1962 house prices followed wages and increased in value around 4% every year. Some years it didnt go up at all and builders took a loss. When the interest rates came down people could afford more and not just houses but this caused inflation in things that don’t count as inflation such as food,( resturant dinning) gas and housing. and caused money to be where it was not counted as inflation. when it really should have been counted as inflation. when you have inflation it should be reined in with interest rate increases . If they would have never lowered the interest rates they would have come down naturally to a more susstainable level. Istead they keep lowering and lowering to fix whats already been broken. Now if i had any money like in the bank why would i leave it in there if there not going to pay me anything for using it. Well that median house in 1962 cost $12,000 that same house today should be worth 125000 but in 2007 they were asking 225000. now that everyones credit is ruined and your insurance payments are up becuase your credit rating went down. And your gutts are gone cause of the rude ride and job losses all because of lowering interest rates instead of letting them alone. If you get what iam saying your in touch, if you don’t your making to much money to care but i think your money situation is going to change.

By: Clotpoll

Clotpoll — Thu, 11 Dec 2008 11:44:17 +0000

No more arena football. I’ll take what I can get.

You have to think that professional bass fishing may be the next to go…

By: toshiro_mifune

toshiro_mifune — Thu, 11 Dec 2008 11:33:45 +0000

#318 – bairen – Can ESPN and Hockey go away too?

Of course! All 18 ESPNs and the never ending hockey season have to go.

By: Essex

Essex — Thu, 11 Dec 2008 10:10:27 +0000

317…..that looks like a nice house.

By: DL

DL — Thu, 11 Dec 2008 09:21:28 +0000

Barb: ref 300; 317; et al. The house on Crystal Lake Ave isn’t really in Haddonfield either. I went to HS two blocks from there and the location is Haddon Heights. The street is a high volume traffic through-way between Kings Highway and Cuthbert Road. I suspect they are trying to leverage the cachet of Haddonfield. Haddon Heights BTW recently had a re-assessment that jacked up proprty taxes in many cases over 50% so their taxes are probably close to Haddonfield’s as well.

By: d2b

d2b — Thu, 11 Dec 2008 05:11:02 +0000

Ben:
Students don’t go into debt over college anymore. Parents pay for it….

By: Ben

Ben — Thu, 11 Dec 2008 05:09:09 +0000

50k for NYU? Jesus. I have issues with my sister going to Rutgers for 25k. How does anyone graduating from NYU plan to ever pay that debt off?

By: d2b

d2b — Thu, 11 Dec 2008 05:08:37 +0000

Barb?

Any reason that you don’t like Haddonfield?

By: Pat

Pat — Thu, 11 Dec 2008 05:00:44 +0000

Although, I am suddenly craving mango chutney.

By: Pat

Pat — Thu, 11 Dec 2008 04:59:15 +0000

There’s one thing I’ve always found comforting about actuaries. They can look at data that’s over a year old, and analyze it without ho-hum boredom. Sprinkle in some interest assumptions and factors that are handed to them on a silver platter, and then ..crunch. They’re all excited.

Now if we could only get them to make predictions without the factors and without the hindsight.

http://www.insurancejournal.com/news/national/2008/12/10/96204.htm

By: Barbara

Barbara — Thu, 11 Dec 2008 04:22:34 +0000

320,
time for colleges and universities to come clean and correct the insane run up of tuition over the last 15 years. 50K for NYU? Give me a break. Everyone I know who graduated from that school have spent their adult lives seriously underemployed.

By: Barbara

Barbara — Thu, 11 Dec 2008 04:16:53 +0000

319.
why would anyone bid a penny over the 429k? If anything it encourages me to make an even lower bid. If the approach is assuming there will be a bidding war……on a mediocre and overpriced SOUTH JERSEY property well…..stupid is as stupid does.

By: Al

Al — Thu, 11 Dec 2008 03:52:57 +0000

I know my landlord paid over $410,000 for the place a couple of years ago. Should I be concerned? What rights do I have if they start coming by to show the house?

In NJ your LEASE is protected. yo can not be kicked out until the end of your lease. Unless you are living in Owner-occupied multi-unit rental with 2-4 units.

In addition I believe you and your landlord have to come to an agreement with you about reasonable showing schedule, which does not put hardship or serious inconvenience on you. I do not know if you can disallow prospective buyers to come and look at the property completely.. But they certainly can not come at any time and expect you to go out of your way to show the house.

if you want to stop people from coming inside I guess – consult a RE lawyer.

general link:

Http://www.lsnjlaw.org/english/placeilive/irentmyhome/tenantsrights/index.cfm