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outdoorsguy (November 30, 1999 at 12:00 am)
Asking a real estate agent if today is a good day to buy a house is like asking a used car salesman if today is a good day to buy a car. Since when is buying a depreciating asset a good investment? You're better off losing $2000 a month in rent rather than $5000 a month in depreciation over the next two years(that's not counting agent commissions, taxes, maintainence, and homeowners insurance).
Einstiensblackid (November 30, 1999 at 12:00 am)
Nice one!
benjleeru (November 30, 1999 at 12:00 am)
If i told you 60% of someone's wealth comes from their credit card, would you think that you need to go out and get one?
firetaker25 (November 30, 1999 at 12:00 am)
"long term wealth?" They are scrambling with the loss in sales, desparate to get new buyers. But, we all know to buy right now is pre-mature. Wait until 2009 or 2010. This is, if the world hasn't yet been destroyed by nuclear war.
CerebralWTF (November 30, 1999 at 12:00 am)
Your banker, your Real Estate Agent, your Car Salesman... none of these people are your friends. You should never look up information on the housing market posted by the sales agent.
alanhowitzer (November 30, 1999 at 12:00 am)
You have got to be kidding. I hope these sleazy realthores get called off to jail.
lennyfest (November 30, 1999 at 12:00 am)
BE SMART DONT BUY NOW.If you buy now, you will find a house like the one you bought for $100K or more less than what you paid. You effectively will be catching a falling knife and become instantly underwater on your mortgage! Imagine going to the bank and asking, "I'd like to open an account for minus (-)$100K". After years of deposits adding up to $100K you will have $0 in the account. Silly isn't it? Well that is exactly what you will be doing if you bought a house right now.
lennyfest (November 30, 1999 at 12:00 am)
BE SMART DONT BUY NOW.If you buy now, you will find a house like the one you bought for $100K or more less than what you paid. You effectively will be catching a falling knife and become instantly underwater on your mortgage! Imagine going to the bank and asking, "I'd like to open an account for minus (-)$100K". After years of deposits adding up to $100K you will have $0 in the account. Silly isn't it? Well that is exactly what you will be doing if you bought a house right now.
lennyfest (November 30, 1999 at 12:00 am)
its amazing how the get a little pretty brady bunch looking mommy to lie though her teeth , not relizing that if the average american brought a home in todays market they will destroy there lives...BE SMART DONT BUY,,, REAL ESTATE AGENTS ARE LIARS, DONT TRUST THEM ,THERE WORST THEN USED CAR SALEMEN,, ITS A GREAT TIME TO BY MY ASS, IF ITS SUCH A GOOD TIME TO BUY WHY ISNT ANYBODY BUYING ,,
lennyfest (November 30, 1999 at 12:00 am)
its amazing how the get a little pretty brady bunch looking mommy to lie though her teeth , not relizing that if the average american brought a home in todays market they will destroy there lives...BE SMART DONT BUY,,, REAL ESTATE AGENTS ARE LIARS, DONT TRUST THEM ,THERE WORST THEN USED CAR SALEMEN,, ITS A GREAT TIME TO BY MY ASS, IF ITS SUCH A GOOD TIME TO BUY WHY ISNT ANYBODY BUYING ,, |
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