Comments on: Top 10 States By Foreclosure Filings in 2008

By: New Yorker

New Yorker — Fri, 06 Feb 2009 21:06:29 +0000

Mike – you are an idiot and are one of the problems in this market. Go ahead and blame the “bankers” – you are the rest of the sheeples of this country who took out loans they knew (or suspected or should not have gotten) they couldn’t afford are to blame. Congress created this mess with the Community Reinvestment Act, which was made worse by lax laws and guidelines and Alan Greenspan. These “bankers” you blame – assuming you mean Wall Street? – only took advantage of lax regs and did what Wall Street does best – make money. Yes, greed – the American pastime. Then, when they were giving mortgages away, you and the rest of the sheeples got mortgages….and now you just want to walk away? Stick someone else with debt? You are a punk.

By: mike

mike — Thu, 29 Jan 2009 22:33:05 +0000

ANY OWNER OF REAL ESTATE IN CALIFORNIA TODAY WHO IS UPSIDE DOWN ON THEIR PROPERTY AND DOESN’T WALK AWAY NOW IS A DAMN FOOL AND A PATSY FOR THE LYING BANK AND REAL ESTATE INTERESTS WHO ARE GROWING NOSES THAT PUT PINNOCCIO TO SHAME!!!

Securitized mortgages cannot be mitigated and the major banks cannot be “fixed”—no matter how many trillions we throw at the crooked bankers. There will be no “fix” until California real estate values go back to 2000 levels. (Read Meredith Whitney on line, the only analyst who has been right all along about real estate and the condition of the banks).

I am walking on my house this month and–when I do–I will be able to rent the house next door for ½ of what I am currently paying in mortgage payments, mortgage interest, property taxes, and maintenance. My credit will be bad for awhile but I am going to get my life back.

By: Esko

Esko — Wed, 28 Jan 2009 05:47:59 +0000

2008 was a year of many disappointments in the reale estate and mortgage markets and then subsequently in the entire economy. Hopefully this year will bring us more cohesive policies to get the markets back on their feet and moving forward again.

By: Inna

Inna — Mon, 26 Jan 2009 16:08:31 +0000

OMG! That was really interesting to know. Thanx!

By: David Allen

David Allen — Mon, 26 Jan 2009 12:12:48 +0000

Great post, very interesting content, thanks

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By: Foreclosures Rise, Cause HELOC Borrowers Headaches | HELOC Basics

Foreclosures Rise, Cause HELOC Borrowers Headaches | HELOC Basics — Thu, 22 Jan 2009 05:31:09 +0000

[...] Real Estate Bloggers report: “There is no surprise that the foreclosure activity has been focused in the states [...]

By: Ryan

Ryan — Mon, 19 Jan 2009 14:40:28 +0000

Unfortunatly, this can be the result of unwise investments. It is easy to forget the basics when there is a rush on properties in a certain area.

By: Robert Unusual Loans

Robert Unusual Loans — Sat, 17 Jan 2009 16:12:08 +0000

California is getting ready to go thru what could be it’s worst financial problems to date. Is it going to get better? We shall see 4 of the top 10 cities in the nation are in CA.

By: Tony Sena

Tony Sena — Thu, 15 Jan 2009 22:49:43 +0000

I would anticipate that every time this list is released, Nevada will be in the top 10 for the next couple of years. Not a ranking worth bragging about!!!