Halloween is going to SUCK this year

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up here in upstate ny...there are no foreclosed homes in sight.. there must be some but you would have to hunt to find them... things never change much here... the prices never went sky high in the first place so they did not fall either.. when all the homes were going for big dollars in other states all was stagnant here..i was surprised that ours changed so little.. now i am happy of course.. but i feel bad for other neighborhoods.. i could not amagine empty houses all around me,...we do have higher taxes here though which i quess turns alot of people away ..businesses and new home building only happens on occasion.. nothing changes though so in that respect it is good..
 
We bought our home for $325,000

it is now worth......

drum roll please.
dududdudududududud









































$100,000
 
damn thats nutz. no wonder people are walking. you most likely wont ever get that equity back
 
Nekojin;2268185; said:
We bought our home for $325,000

it is now worth......

drum roll please.
dududdudududududud









































$100,000
omg thats below the belt..hurts:(
 
tell me about it.... we are in the middle of trying to Short Sale (selling for what we can and hoping the bank swallows the rest)

if the bank wont let us. ... well. we will be screwed either way.

So we'll seriously consider sending the bank some Jingle Mail. (jingle mail: mailing the bank your house keys and walking away from a BAD deal)
 
Nekojin;2268210;2268210 said:
tell me about it.... we are in the middle of trying to Short Sale (selling for what we can and hoping the bank swallows the rest)

if the bank wont let us. ... well. we will be screwed either way.

So we'll seriously consider sending the bank some Jingle Mail. (jingle mail: mailing the bank your house keys and walking away from a BAD deal)
jingle mail!!!!!!!!!! :headbang2 i heard that term before!!!!! lol! i wouldnt even think twice about it. its basic self preservation in this economy...
 
Nekojin;2268210; said:
tell me about it.... we are in the middle of trying to Short Sale (selling for what we can and hoping the bank swallows the rest)

if the bank wont let us. ... well. we will be screwed either way.

So we'll seriously consider sending the bank some Jingle Mail. (jingle mail: mailing the bank your house keys and walking away from a BAD deal)
i hope it all works out for you and everyone else who had this nightmare hit them.... all my life i always thought if you owned a home you were ahead of the game...best place to see your money grow... so sad it is not true anymore...
 
jcardona1;2268217; said:
jingle mail!!!!!!!!!! :headbang2 i heard that term before!!!!! lol! i wouldnt even think twice about it. its basic self preservation in this economy...

some people frown on people that do that. But the simple matter is, the banks got greedy. Made loans they shouldnt have.

For us, the home we bought, we still like. But just in the last 3 years we've been here, the neighborhood has gone WAAAY South. Literally. All the people escaping the violence from Baja Mexico are moving in right here. And they are bringing a lot of gang members with them.

We'll never regain our equity or our nice neighborhood.
I'm not paying out the ying yang for a place thats worth rocks.

For us, its no question really. We are OUT of here one way or another.
 
Red Devil;2268222; said:
i hope it all works out for you and everyone else who had this nightmare hit them.... all my life i always thought if you owned a home you were ahead of the game...best place to see your money grow... so sad it is not true anymore...


thats the ONLY reason we bought a house. We thought the same thing.

Boy were we in for a surprize. I dont ever want to buy again i have such a bad taste in my mouth.
 
Nekojin;2268234; said:
thats the ONLY reason we bought a house. We thought the same thing.

Boy were we in for a surprize. I dont ever want to buy again i have such a bad taste in my mouth.
:confused:i would feel like you... :(
 
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