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Re: Just Like Ward Told US!!!!!!!!!!!!!!!

Posted by Amused in CA on December 11, 2009 at 3:39 PM

In Reply to: Just Like Ward Told US!!!!!!!!!!!!!!! posted by BigRedMachine on December 11, 2009 at 12:37 AM

: Hey Ward today Dec 11 House pass the Financial Protecion Agency, Now like you said the Dam is about to break on the shadow inventory since the banks are going to obey to cut down all the toxic-waste they created themselves. just like you said on one of your articles as night followed daylight, they will bring prices down. For those who bought last Year i guess they caught a falling knife, like they said on Walls Street :).

Dear Big Red,

Are you insinuating that investors like myself that bought numerous rentals ar trustee sales last year when most others were too scared to buy are somehow going to be negatively affected going forward. Now there is huge competition and the price for the same property has almost doubled at sales and much higher in MLS. This doesn't count the large amount of properties that we flipped during that time, before the trainee crowd came back out. If the opportunities get beter, I would welcome that also.


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