Julia Young
Sophomore Member
- Joined
- Feb 23, 2002
- Professional Status
- Certified Residential Appraiser
- State
- Tennessee
Larry, my sides are splitting!
Someone has to be blamed when things don't go right and the foreclosures pile up. (You-Him mentality) Kidding aside, I have walked into several high-end foreclosures lately because it's not just the little people can't pay their bills now. The "nouveau riche" folk have bought the suburban dream with their 100+% and equity+ loans and wonder why, now that the market is mushy, they can't resell them for 30% more than the mortgage.
Are you looking in my window? -I have the gerbil, 3 dogs etc. etc. but draw the line there.
Someone has to be blamed when things don't go right and the foreclosures pile up. (You-Him mentality) Kidding aside, I have walked into several high-end foreclosures lately because it's not just the little people can't pay their bills now. The "nouveau riche" folk have bought the suburban dream with their 100+% and equity+ loans and wonder why, now that the market is mushy, they can't resell them for 30% more than the mortgage.
Are you looking in my window? -I have the gerbil, 3 dogs etc. etc. but draw the line there.