Free Republic
Browse · Search
News/Activism
Topics · Post Article


1 posted on 06/09/2011 10:12:25 AM PDT by nhwingut
[ Post Reply | Private Reply | View Replies ]


To: nhwingut

Conversely, my small farm in central Kentucky that closed in August of 2009 is worth more than I paid for it. I know because I am in the middle of a refi.


2 posted on 06/09/2011 10:17:36 AM PDT by RobRoy (The US today: Revelation 18:4)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nhwingut

Well then Im glad I completely own my house out right...


3 posted on 06/09/2011 10:20:26 AM PDT by Tennessee Nana
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nhwingut

How’s that “Hope and Change” working out for everyone?


6 posted on 06/09/2011 10:23:26 AM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nhwingut

Thank you Omama


8 posted on 06/09/2011 10:34:55 AM PDT by himno hero
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nhwingut
This should come as no surprise to anyone. The mid-2000s saw a huge, artificial increase in home prices driven by low interest rates and loose lending standards. As a result, many people did one of two things in that time period: (1) they paid more for their homes than their homes were really worth by any objective measure; or (2) they took advantage of the rapid escalation in prices by borrowing money against their homes to pay for other things.

Once home prices began their inevitable decline a few years ago, is it any wonder that there is so little equity left in the market?

9 posted on 06/09/2011 10:43:53 AM PDT by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nhwingut

Our home has been underwater for the last three years and there is no sign of it getting better. Thankfully we don’t plan on selling.


11 posted on 06/09/2011 11:37:54 AM PDT by NavyCanDo
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nhwingut

It’s going to go a lot lower, and for a very long time.


12 posted on 06/09/2011 1:04:40 PM PDT by familyop (We Baby Boomers are croaking in a thunderous avalanche of rottenness heard across the universe.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: nhwingut

It’s a place to live - not an ATM.

Get used to it.


13 posted on 06/09/2011 8:40:50 PM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson