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1 posted on 08/27/2010 1:05:19 PM PDT by ExxonPatrolUs
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To: ExxonPatrolUs

Good thing we fixed this. LOL


2 posted on 08/27/2010 1:07:13 PM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: ExxonPatrolUs

And they expect to be bailed out no doubt. I may be heartless but I say NFW!


3 posted on 08/27/2010 1:09:55 PM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: ExxonPatrolUs
We just got our property value notice. It dropped again. been underwater for 2 years now. I'm not selling, and I have no problem with the payments even at our current 6.1 % but I would love to do a refi. But cant.
4 posted on 08/27/2010 1:14:17 PM PDT by NavyCanDo
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To: ExxonPatrolUs

And if accurate market condition appraisals are made, The percentage underwater will zoom up much higher.

“Unexpectedly”


6 posted on 08/27/2010 1:18:04 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: ExxonPatrolUs

I expect this to be the October Surprise.

“Congratulations! You are now the proud owner of a free house. I’ve forgiven half your student debt, and I’ve capped interest on your Master Card at 10.99%. Vote Democrat!”


7 posted on 08/27/2010 1:25:37 PM PDT by Buckeye McFrog
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To: ExxonPatrolUs

Investment properties here in my FL beach community are even worse off.

Almost all sales are shorts or by banks. Ten cents or less on the 2006 dollar are common.

What is left unspoken in the statistics is that most of the distressed properties in AZ and FL are/were out of state owned. I estimate 75% of them here are from the Atlanta metro area.


9 posted on 08/27/2010 1:31:20 PM PDT by Jacquerie (There isn't a single problem threatening our republic that cannot be pinned on democrats.)
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To: ExxonPatrolUs

I don’t think there is a property over $300K anywhere in the US that isn’t upsidedown.


11 posted on 08/27/2010 2:11:48 PM PDT by CodeToad (Islam needs to be banned in the US and treated as a criminal enterprise.)
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