The Retired one

Semi-Upbeat Housing News

Tim Plaehn

I think that you have to come down to earth and Lock at normal markets where people work regular jobs not exceptions like Ca and L.Vegas

It seems like the only homes selling on Long Island are Bank owned homes to younger fools than the ones that bought them before they were trashed.

The 30 percent of the bad money homes sold from the latest figures are all starter type homes and they are being given to people just to move into questionable areas and to people that otherwise would just not be able to buy.

These darn banks are so bad that they are just starting the process all over gain just to make their books look better.

We are going to be in a real fix when these second incompetent row of people buy what they really can't afford.

The banks are a bunch of fraud operators and the Govt is just as bad cover up the lies and bring more sand.

So we can cove the stink of our wasted efforts at digging second row of graves for homeowners that have to retire and can't because they are redoing the same thing that started the sub prime mess just Transferring the existing mortgages instead of checking
and securing competent buyers to reduce their losses.