Jan

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Jan,  in 90404
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Jan's Questions (4)
Jan's Answers (6)

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Jan answered:
Hi,

Congratulations on concluding a great sale~! Yes, I'd be very interested in how your research proved true (where did you research?) and worked for you. Thanks for your generosity in offering to tell.

P.S. just read the answer from 'the Real Estate Pro in Austen'--he certainly is out to lunch~! - Thu May 1 2008, 22:41
Jan answered:
Please cite a less biased source. No one should even think about buying today without reading this well-researched article: The Data Does Not LIe (3.31.2008) Link below

http://www.arcadiahousingblog.com/2008/03/31/the-data-does-n… - Fri Apr 4 2008, 23:48
Jan answered:
Anyone considering buying anywhere SM should read this excellent well researched article first:

The Data Does Not Lie, Mar. 31.2008
http://www.arcadiahousingblog.com/2008/03/31/the-data-does-n…

The Data Does Not Lie, Mar. 31.2008 - Fri Apr 4 2008, 23:20
Jan answered:
Google John Mauldin, Thoughts from the Frontline, and subscribe (email) to the thoughts of this brilliant and balanced analyst for free.

Where is the Bottom in Housing?
March 28, 2008
Housing - Finding the Elusive Bottom
Where is the Value in Housing?
Bottom Line? There is no Bottom in Sight - Mon Mar 31 2008, 13:43

Does the short sale go on your credit report?

Jan answered:
Pam,

Don't listen to those who are telling you to borrow money to hold onto this prop. How long can you do this--for the next 3-5 years? Get away from this crocodile before it eats you alive. Save your money, and when things settle down in the housing market, and your credit is clear, you'll be in a position to start over with a home you can actually afford. Without having a heart attack! Good luck and...

See the 11.7.07 Wall St. Journal article:
Dump This House: Unloading Your Property in a Slow Market
November 7, 2007; Page D1

It could be the kindest cut of all.

Look at the prices of homes getting sold, and the property market's decline seems no worse than a rough day in the stock market. Look at the number of unsold homes, and you realize there's a world of financial pain out there. - Wed Nov 7 2007, 22:46
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