Florida and boating property
01-10-2009, 08:32 AM
#61
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All due respect, I do the same thing you do. Have spoken to many attorneys about it. The banks for the most part all write to Zero, before giving it to the asset management company.
The beauty is that "market value" for the lender on the day of foreclosure is truly Zero, unless there is a buyer at fair market value that day. Sliding it from the lenders name into the asset managers name probably has more to do with length of time on bank books.
Again, all really meaningless. Foreclusures have and will continue to provide a great addtional source of revenue, so it's all good....
The beauty is that "market value" for the lender on the day of foreclosure is truly Zero, unless there is a buyer at fair market value that day. Sliding it from the lenders name into the asset managers name probably has more to do with length of time on bank books.
Again, all really meaningless. Foreclusures have and will continue to provide a great addtional source of revenue, so it's all good....
01-10-2009, 08:37 AM
#62
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Remember FL is full of people with burn out dreams...... It is like an east coast California. Everyone came here to be rich and get a killer tan. Reality sets in and suddenly they are working the local gas station complaining how everything costs so much and how they did it "up north"
My favorite saying: Florida is a sunny place for SHADY people!
My favorite saying: Florida is a sunny place for SHADY people!
Self-employment is pretty much required as the wages are crap.
01-10-2009, 09:09 AM
#63
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growth
I'm looking at a house to buy in Cape Coral. Not on the water but there are the slips and marinas I guess.
3BD 2.5 Baths. 2 car gar. 1 year old never lived in. for $110K.
It's a good deal. or is it ? Or I should just buy land and build?
Good boating area, but what about future growth and jobs?
I need a cristal ball.
3BD 2.5 Baths. 2 car gar. 1 year old never lived in. for $110K.
It's a good deal. or is it ? Or I should just buy land and build?
Good boating area, but what about future growth and jobs?
I need a cristal ball.
the water is nice but i spent 3 months on a job in ft pierce and their beaches and water was alot cleaner and it was real sand not just crushed shells.
01-10-2009, 09:36 AM
#64
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01-10-2009, 12:12 PM
#65
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Crime rates are a funny thing, I live in Indianapolis, and feel it is a safe city. We had 153 murders in 2006. I guess it comes down to your perspective.
Won't mind hearing more about the job market, my wife wants to move to FL (west coast) real bad, she is a nurse so for her no problem.
I am an soon to be out of work Audio engineer. I didn't want to move to Detroit, and my job will be farmed out to China and India in 2 to 3 years. (companies goal).
Not sure what kind if any industry is in FL, I don't want to be stocking shelves.
Won't mind hearing more about the job market, my wife wants to move to FL (west coast) real bad, she is a nurse so for her no problem.
I am an soon to be out of work Audio engineer. I didn't want to move to Detroit, and my job will be farmed out to China and India in 2 to 3 years. (companies goal).
Not sure what kind if any industry is in FL, I don't want to be stocking shelves.
01-11-2009, 07:21 PM
#66
Crime rates are a funny thing, I live in Indianapolis, and feel it is a safe city. We had 153 murders in 2006. I guess it comes down to your perspective.
Won't mind hearing more about the job market, my wife wants to move to FL (west coast) real bad, she is a nurse so for her no problem.
I am an soon to be out of work Audio engineer. I didn't want to move to Detroit, and my job will be farmed out to China and India in 2 to 3 years. (companies goal).
Not sure what kind if any industry is in FL, I don't want to be stocking shelves.
Won't mind hearing more about the job market, my wife wants to move to FL (west coast) real bad, she is a nurse so for her no problem.
I am an soon to be out of work Audio engineer. I didn't want to move to Detroit, and my job will be farmed out to China and India in 2 to 3 years. (companies goal).
Not sure what kind if any industry is in FL, I don't want to be stocking shelves.
Audio engineer? Can't help you there........
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