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The Economics and Ethics of Mortgage Default

Most states are non-recourse. Even if they are, they NEVER go after your assets. It costs too much in litigation.

On Nov 18 11:25 AM NMWoody wrote:

> can't the lender come after your other assets if you default?
Nov 20 00:33 am |Rating: 0 0 |Link to Comment |View article
The Shallowest Generation

Attacking doctors is beyond the pale. If you think it's so easy Mr. real estate agent or mr computer programmer lets see you even take the MCAT and get into med school.
Nov 07 04:59 am |Rating: +1 0 |Link to Comment |View article
Economic Report Summary: Housing Market Getting Worse, Not Better

I detail the Miami crash on my blog, www.miamicondoforum.co... . Read some of my posts and tell me if you think we're out of the woods. I think the fun is just beginning. Foreclosures are being sold (below market) however they are still overpriced. These recent buyers will walk away from these purchases once they realize that they are not a vulture, but just another carcass. This process takes years and years. Housing crashes are never V-shaped. What makes you think the worst housing crash in history will just rebound? If you like doom and gloom, we've got plenty to spare here in South Florida.
Aug 12 13:32 pm |Rating: 0 0 |Link to Comment |View article
Don't Just Do Something, Stand There

Florida, Michigan,, California are already in a depression. My latest blog post has a few articles detailing the South Florida Depression. It is getting bad. www.miamicondoforum.co...
Aug 11 10:14 am |Rating: 0 0 |Link to Comment |View article
Why the Housing Bill Won't Help the Housing Market

I have a blog about the Miami housing crash. The speculators were and still are insane. www.miamicondoforum.co...
Jul 28 01:13 am |Rating: 0 0 |Link to Comment |View article
Yikes, But Duh: Housing Bottom Could Be Two Years Off

I have a blog chronicling the absolutely insane Miami (and South Florida) condo market. I have a post about someone that bought a Condo for more than $2000/sq foot and renting it at a loss of $1,000/day every day for 30 years.

www.miamicondoforum.co...
Jul 23 15:44 pm |Rating: 0 0 |Link to Comment |View article
Realtors, Prepare to Lose Your 6 Percent

Hey! My blog is about the miami condo crash. I feature anti-Realtor articles and "Real Home Buyers of Genius". One guy bought a miami condo for 5.1 million dollars and is renting it out at a $1,000/day loss, every day for 30 years!!! miamicondoforum.com
Jun 07 02:57 am |Rating: 0 0 |Link to Comment |View article
Why Lower Home Prices Are in Your Interest

Nice post. My blog is all about the Miami condo crash (miamicondoforum.com). I think I write some pretty good articles. Wakeup, I am with you 100%. Check out my blog and leave some suggestions.
Jun 03 07:39 am |Rating: 0 0 |Link to Comment |View article

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Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
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