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Mortgage crisis takes a bite out of states and cities
LA Times ^
| 31 December 2007
| Stephanie Simon,
Posted on 12/31/2007 7:23:23 AM PST by shrinkermd
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To: JackOfVA
I’ve only lived in Fairfax County for three years now, and I know that my property values are automatically updated every year. My house is valued lower than all the neighboring houses (which I know is incorrect) and Fairfax County sent out a personal inspector to update it.
To: SomeCallMeTim
I wonder, if there isn’t some legal way for the US to just completely dis-own Kalifourneeyah?? Wow... I'm not going to cede the good real estate to the left. If we weren't in this for real, you wouldn't know where you were headed. You need California, if only as an example of what the internationalists have in store for you.
22
posted on
12/31/2007 10:21:58 AM PST
by
Carry_Okie
(Grovelnator Schwarzenkaiser, fashionable fascism one charade at a time.)
To: flintsilver7
My house is valued lower than all the neighboring houses (which I know is incorrect) and Fairfax County sent out a personal inspector to update it. Interesting--I've never seen a tax inspector in the 32 years I've lived in Northern Virginia. (10 years in Fairfax City and 22 years in Fairfax County.)
Jack
23
posted on
12/31/2007 11:15:22 AM PST
by
JackOfVA
To: JackOfVA
Well, technically, neither have I. I got a door hanger with a lot of information and a number to contact. I never followed up (why would I?) and they never did either, so maybe they aren’t as interested as it might seem.
To: shrinkermd; Calpernia; M. Espinola; Fractal Trader; Pelham; Travis McGee; stephenjohnbanker; ...
It takes the Aussies to report the truth about what is going on in America to Americans. How ironic is that? You will need to use MSIE to view the video:
USA Mortgage Meltdown Video
Properties being sold in California for 30% - 40% below what people paid two years ago: Foreclosures. And it will get a lot worse. Very quickly. 'Just the tip of the iceberg, old chap.' Wait until 2009.
Who really own your house? A Saudi prince? Or some wild eyed millionaire in Dubai? Or a Beijing billionaire? Hedge fund in Germany or France? How many time was your mortgage sold and resold and resold by Wall Street? Do you even know or really care?
You ought to know. The foreclosure process is a rubber stamp game as played by the courts. Next . . . Stamp! Stamp, stomp, stamp . . . !
Click on the *.jpg to learn more . . .
25
posted on
12/31/2007 12:21:07 PM PST
by
ex-Texan
(Matthew 7: 1 - 6)
To: flintsilver7
Fairfax is a disaster area due to liberal changes made in the last few years.
26
posted on
12/31/2007 12:24:40 PM PST
by
colonialhk
(Harry and Nancy are our best moron allies)
To: ex-Texan
That’s an alarming map. The only geographic areas not displaying the expanding problem are unpopulated.
27
posted on
12/31/2007 4:14:51 PM PST
by
M. Espinola
(Freedom is never 'free')
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