a wrong number just offered me a mortgage

[sniffa]

with no money down. sure, she was Looking for someone eLse, but hey, right pLace, right time. just Like those who win the nigerian Lottery.

everything's Looking up for me.

[skygazer]

1. So you're buying a house?

Congratulations! :bounce:

:rofl:

[Gormy Cuss]

2. Take it!

You can get in under the wire before the whole housing market collapses and drags down the rest of the economy.
:rofl:

[LeftyMom]

3. There are two houses on auction on my street and nobody came to their open houses

So I figure you could be my neighbor for about $19.95. But don't worry, the economy's just peachy.

[KitchenWitch]

4. You mean I could be a landlord for 20 bucks?

Want to manage the property for me?

:hi:

[LeftyMom]

6. Nah. I'm gonna buy up the block, put hotels on it and drive around in a shoe.

Now I have to find someplace to buy a nice tophat. :D

[KitchenWitch]

7. But know this, I already own both Park Place and Boardwalk!

:P

[AlCzervik]

5. i have 2 on my street as well and 33 in the neighborhood.

yup, all is peachy.

[LeftyMom]

8. we're waiting until things circle the drain a little more, then we'll buy in Land Park or midtown.

We've got a few more that are suddenly vacant. I think those are walkaways that are going to go on auction soon as well. Can't imagine any will go for much, they're decent but nobody's buying and it's not the best neighborhood. Likely they'll wind up rentals. :(

[AlCzervik]

9. We have a lot of dead lawns in the charmless tract home subby right now

and the "Bank owned" signs and i think we haven't seen anything close to the bottom yet. I was reading and article in the Bee a few weeks ago that said 40% of new homeowners in Ca. last year got those funky mortgages---not good.

[LeftyMom]

10. and so many were/are cashing out at every opportunity

I swear, nobody seems to want to- I know this is a novel concept- pay their freakin' loan off anymore. Me, I'd want to actually own my house sometime before I got carried out of it toes first.

I guess the upside is I might actually be able to buy a place here by the time this is all done. I'd convinced myself that was never going to happen.

[AlCzervik]

11. you so will, not only will you be able to buy but you'll probably get the type

of house you actually want. My friend Donna is almost in a postion to buy and since the market has turned she has way more options now.