It was not any sort of blame, just pointing out the concurrency of
events. Every president gets the [president]oconomics label.
Reaganomics, Clintonomics, Busheconomonomics, etc.
Interesting though that you see it as blame. Being closer to it all, I
guess you have a better sense of it.
--R
On 2/3/15 11:05 AM, Andrew Strasfogel wrote:
How comforting that Obama can be blamed for everything bad that's
happened in the USA since 1/20/2009. As Ross Perot would say, "It's
just tthat simple":
On Tue, Feb 3, 2015 at 10:58 AM, Rich Thomas via Mercedes
<mercedes@okiebenz.com <mailto:mercedes@okiebenz.com>> wrote:
There were/are a bunch on Kiawah too, a lot of the swells got a
bit overextended in the Obamaconomy and quit paying the nut on
their $1M+ swankiendas. Most of them probably didn't actually
spend much time there, these were 1%er trophy casitas, so ejecting
them was not likely a problem. They also kept all that very
hushhush on the island, not wanting to tarnish the Kiawah brand.
But if you need to get them out, a sheriff can help after the
proper notices and such. In DC, the squatter probably has more
rights than the new owner though, so YMMV.
When we bought our house up near Boston, the PO left one of his
loser kids there, we had to encourage him to leave in fairly
emphatic terms, once discerning he was still alive and
semi-functional.
--R
On 2/3/15 10:41 AM, Andrew Strasfogel wrote:
There are lots of foreclosed properties even in affluent parts
of the DC area. How does this play out if you purchase one of
these homes and need to evict the homeowner/tenant/squatter?
On Tue, Feb 3, 2015 at 10:39 AM, Rich Thomas via Mercedes
<mercedes@okiebenz.com <mailto:mercedes@okiebenz.com>
<mailto:mercedes@okiebenz.com <mailto:mercedes@okiebenz.com>>>
wrote:
I was told by a realtor friend that the banks don't like to
foreclose because then the bad asset moves to some other
category
and it makes the bank look bad in audits or whatever, so
they just
let them ride without moving on the foreclosure. I don't
know how
that all works, but it sorta makes sense.
--R
On 2/3/15 5:38 AM, Dan Penoff via Mercedes wrote:
We know a former neighbor who was in her foreclosed
home for
over five years. She moved out and her ex-husband
moved in a
couple of months ago. The bank still hasn't foreclosed
on them.
I get giddy thinking of what I could do with five
years of no
house payments.
Dan
Sent from my iPad
On Feb 2, 2015, at 5:52 PM, Rick Knoble via Mercedes
<mercedes@okiebenz.com
<mailto:mercedes@okiebenz.com> <mailto:mercedes@okiebenz.com
<mailto:mercedes@okiebenz.com>>> wrote:
Original Message
From: Dan Penoff via Mercedes
Sent: Monday, February 2, 2015 4:36 PM
To: Mercedes List
Reply To: Dan Penoff
Subject: Re: [MBZ] Secret message for Dan
Yabbut the worst part is that >things like
mortgage
interest, a >pretty decent deduction, is >trending
down as I pay off my >house. Yet - as I get
older I
make >more money
Almost seems designed that way...
I’ve got some credit card balances >I’m
thinking about
taking a >second mortgage out for to cut >the
interest
cost and make the >interest deductible….
Mortgage interest deduction is a scam. On every
dollar in
interest you pay, you deduct 28 cents from your
tax bill.
The only ones making out are the banks.
Spend a dollar, get 28 cents back. Better odds at
a casino.
Pay the house off, and be done.
OR
Rent it out, buy a multi-million dollar mansion, don't
make a payment, and wait to see if the bank ever
throws
you out. I have read a lot of stories about banks not
foreclosing for various reasons.
Rick
Sent from my BlackBerry Z10
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