May 2, 2008

Open Question: My husband's name is on the mortgage loans and house goign through foreclosure will it hurt my credit too.

Open Question: My husband's name is on the mortgage loans and house goign through foreclosure will it hurt my credit too.
We are married, but my husband's name is the only name on the foreclosure, but I think my name is on the deed. Is it going to hurt my credit too?
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Open Question: Why do the media sensationalize the housing statistics?
Foreclosures up 80% !!!! Housing prices down!! Perspective, please. The foreclosure rate was .5%, that means if you are in a room with 100 people 1/2 a person…..ooops, that sounds grotesque……in a room with 200 people 1 person got foreclosed before, and now its 2. But 198 are fine. We should all feel badly for those losing their home, but let's get real here. Oh, and housing prices? Only a problem if you speculated right before the bubble burst. Prices are still up from any long term perspective.
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Open Question: Foreclosure. They are asking $239,000. What should I offer?
The place in in Orange County, California. It is in a very good area, but there is some damage to one of the walls inside. Someone backed into it, and knocked one of the 2×4 studs about a foot through the bottom of the wall. The foreclosure asking price is $239. What would a reasonable offer be for me? Its a one bedroom condo. 880 sq. feet.
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Open Question: Help with a commercial lease?
My landlord's property is in foreclosure. I was advised by the party foreclosing to move out asap… Now the landlord says he will sue me for rent. Does foreclosure and fire marshall violations stop my lease?
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Open Question: Foreclosures, repossessions, bankruptcy?
What is the difference between all of them when you want to buy a house. Which one is most likely to be the most advantageous? When you go on a website for foreclosures, it gives a property price is this how much it is worth or how much you need to pay on it?
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Open Question: How fast will I get evicted from my house after the foreclosure sale?

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Open Question: Who are you voting for? Hopefully after reading this complete report, you will change your mind on who you..?
Hopefully after reading this complete report, you will change your mind on who you will vote for and vote Republican. Part 1: In just one year. Remember the election in 2006? Thought you might like to read the following: A little over one year ago: 1) Consumer confidence stood at a 2 1/2 year high; 2) Regular gasoline sold for $2.19 a gallon; 3) The unemployment rate was 4.5%. Since voting in a Democratic Congress in 2006 we have seen: 1) Consumer confidence plummet; 2) The cost of regular gasoline soar to over $3.50 a gallon; 3) Unemployment is up to 5% (a 10% increase); 4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fund losses); 5) Americans have seen their home equity drop by $1.2 trillion dollars; < BR>6) 1% of American homes are in foreclosure. Part 2: Taxes…Whether Democrat or a Republican you will find these statistics enlightening and amazing. www.taxfoundation.org/publications/show/151.html Taxes under Clinton 1999 Taxes under Bush 2008 Single making 30K - tax $8,400 Single making 30K - tax $4,500 Single making 50K - tax $14,000 Single making 50K - tax $12,500 Single making 75K - tax $23,250 Single making 75K - tax $18,750 Married making 60K - tax $16,800 Married making 60K- tax $9,000 Married making 75K - tax $21,000 Married making 75K - tax $18,750 Married making 125K - tax $38,750 Married making 125K - tax $31,250 Both democratic candidates will return to the higher tax rates It is amazing how many people that fall into the categories above think Bush is screwing them and Bill Clinton was the greatest President ever. If Obama or Hillary are elected, they both say they will repeal the Bush tax cuts and a good portion of the people that fall into the categories above can't wait for it to happen. This is like the movie The Sting with Paul Newman; you scam somebody out of some money and they don't even know what happened. PART 3: You think the war in Iraq is costing us too much? Read this: Boy am I confused. I have been hammered with the propaganda that it is the Iraq war and the war on terror that is bankrupting us. I now find that to be RIDICULOUS. I hope the following 14 reasons are forwarded over and over again until they are read so many times that the reader gets sick of reading them. I have included the URL's for verification of all the following facts. 1. $11 Billion to $22 billion is spent on welfare to illegal aliens each year by state governments. Verify at:http://tinyurl.com/zob77 2. $2.2 Billion dollars a year is spent on food assistance programs such as food stamps, WIC, and free school lunches for illegal aliens. Verify at:http://www.cis..org/articles/2004/fiscalexec.html 3. $2.5 Billion dollars a year is spent on Medicaid for illegal aliens. Verify at:http://www.cis..org/articles/2004/fiscalexec.html 4. $12 Billion dollars a year is spent on primary and secondary school education for children here illegally and they cannot speak a word of English! Verify at: http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.0.html 5 $17 Billion dollars a year is spent for education for the American-born children of illegal aliens, known as anchor babies. Verify athttp://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html 6. $3 Million Dollars a DAY is spent to incarcerate illegal aliens. Verify at:http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html 7. 30% percent of all Federal Prison inmates are illegal aliens. Verify at:http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html 8 $90 Billion Dollars a year is spent on illegal aliens for Welfare & social services by the American taxpayers. Verify at: http://premium.cnn.com/TRANSCIPTS/0610/29/ldt.01.html 9. $200 Billion Dollars a year in suppressed American wages are caused by the illegal aliens. Verify at:http://transcripts.cnn.com/TRANSCRIPTS/0604/01/ldt.01.html 10. The illegal aliens in the United States have a crime rate that's two and a half times that of white non-illegal aliens. In particular, their children, are going to make a huge additional crime problem in the US Verify at:http://transcripts.cnn.com/TRANSCRIPTS/0606/12/ldt.01.html
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Open Question: IF the economy is so rotten then how come…….?
With gas at nearly $4.00 a gallon across the country, how come I still sit in traffic along with tens of thousands of other cars each morning? If the housing market is so horrible, then how come less than 1 in 50 Americans are losing their homes to foreclosure? If consumer spending is so low, then how come IBM, Dell, and Microsoft still report double digit profits and BILLIONS in revenue off of Iphones, Itunes, Ipods, lap tops, and video game systems? (did you buy Grand Theft Auto IV yet?) Seems to me that the risiding cost of gas isn't forcing people to stay home, the housing market crash isn't affecting nearly as many Americans as we are led to believe, and it seems like Americans STILL have plenty of money for cell phones, video games, porn, alcohol, Hannah Montana tickets, and designer clothing! So what's the problem? Funny………..people ASSuming that because I asked this question that I am a fan of George Dubya Bush! I thought it was Bush who said "youre either with us or against us" not the liberals!
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Open Question: Hillary Clinton supports freezing foreclosures, what effect would that have on the economy?
What effect would freezing foreclosures have on the economy short and long term? is it a good idea?
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Tags: home equity loan, foreclosure

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