An overnight stay is at your own risk of course...
Wednesday, May 14, 2008
I kid you not, please sit down before you read
George, you are my new HERO! Admitting that there is global warming, whaw, who would have thought that.
Sunday, May 11, 2008
MORON
The East Valley Tribune reports from Arizona. “In the first quarter of 2008, there were 310 resales of homes in Maricopa at a median price of $170,000, according to a real estate report issued by Arizona State University. In the same quarter of 2007, there were 90 resales with a median value of $246,500. Paul Jepson, an assistant to Maricopa’s city manager, said that about 31 to 34 percent of resales in the city have been of such underwater, or ‘distressed’ as he called them, homes.”
“One of the market casualties is Daryl Fox, a recently unemployed cosmetics salesman. After his divorce several years back, Fox and his ex-wife sold their home in Chandler. It took a while to sell the house, and they had to reduce the price to find a buyer in the already-slumping Valley real-estate market, he said.”
“In April 2006, Fox took his half of the equity from the Chandler home and whatever other savings he had scraped up through the years and used them to pay 15 percent down on a three-bedroom home in Rancho El Dorado. The $212,000 purchase price was down from the home’s highest value.”
“He thought he was hitting the market at the right time, getting the most bang for his buck. ‘I thought the market had bottomed out when I bought it,’ Fox said. That’s why he was willing to take out a 2/28 adjustable rate mortgage from Chase Bank.”
“He did refinance right after closing, drawing the equity of that 15 percent down out of the house to finance a few renovations, he said.
YOU F'ING MORON, RETARDED IDIOT, WTF is WRONG WITH YOU!!!
He owed the full $212,000 now. ‘My intention was to live in that house as my primary residence, that’s why I remodeled it,’ Fox said.”
“In June 2006, Fox met Teri Parks, his future wife, at the Native New Yorker. Parks soon moved from Minnesota to Maricopa, buying a home in Acacia Crossings. Parks’ house was the larger of the two, so it made sense for Fox to move in there and sell his place.”
“But the short market downturn Fox had expected turned into a free fall. ‘The median housing price in Pinal County ‘has steadily eroded from $220,000 in fourth quarter 2005 to $193,000 in third quarter 2007 and $156,160 for the current quarter,’ stated a report released by Jay Butler, director of Realty Studies t Arizona State University.”
“After spending thousands trying to hang on, Fox was staring down the barrel at foreclosure. A lawyer advised him just to walk away from the home, but he decided that he would try to sell the property in a short sale. Fox has a buyer willing to pay $90,000 as of early May…if the bank accepts that offer.”
“Fox said the bank told him that the house would be foreclosed upon on May 19. Even if the short-sale offer was on the table? He referred me to his real estate agent, Rita Weiss, broker in Maricopa.”
Question of the day
What will the Americans send first?
a) keys of their 13 mpg SUV or Truck
b) keys of their "underwater" home
c) another application for a credit card
d) a donation for the McCain presidential campaign
American buzzword for 2008: jingle mail
Instead of sending their check with their mortgage payment, they are sending their keys.
LINK
GO Green
7 ways to lower your energy use and hence your energy bill
LINK
We try to turn off the A/C unit as much as possible. At this time we probably use 1 A/C unit (upstairs) for about 2 hours a day.
All lights that are being used often are now CFL bulbs in our home.
We don't have any electric device that are plugged in during the day or during the night.
Saturday, May 10, 2008
Quote of the day
"If you can find another illustration of a company whose stock that's gone down by 95% in one year and is still rated triple-A, I have yet to see it"
- Warren Buffet, speaking about bond insurers Ambac and MBIA retaining their AAA ratings, May 2008
Friday, May 9, 2008
The Bottom just fell out of the Maricopa housingmarket
Maricopa: Sales April 07: 47
Maricopa: Sales April 08: 133+/- 180% rise in sales Year-over Year
Sales are down 25% Year-over-Year in the rest of the country.
Median price for Maricopa has dropped to $156000 (first Quarter 2008) from a high of $256000 (second Quarter 2006)
The same home as we rent was sold (auction) on another street (very close to where we live) for $170 000. Our owner paid $390 000 for our home in 2005 ...
The home that borders our backyard has been sold as well. $123 000 for a 2200 sq ft home.
One of the teacher at our school bought (foreclosure) a 1600 sq ft home for $80 000. That is a mortgage for about $500 a month ... incredible deal!
Homes are now sold for about $60 sq ft which is incredible. I am pretty sure it is close to the cost of the builders. But hey it's a supply demand thing, similar to the boom of 2003-2005, but now the roles are reversed and it hurts for most.
To convert sq ft to m2, divide the sq ft by 10.
Will the CD&V party be annihilated in the next elections 2008?
Apparently (=poll vrtnieuws.net)
It was fun while it lasted. It's time to have new elections in our country run by monkeys.
Thursday, May 8, 2008
Me thinks these 2 graphs are negatively correlated...
Bush approval rate (1/1/2005-...)
Exxon Mobile stockchart (1/1/2005 -...)
Disgrace
DO or DIE day today May 8th 2008
In Belgium this means WAIT and COMPROMISE
In the not too distant future Flanders will stop sending money in the Wallonian abyss.
Wednesday, May 7, 2008
And then... there were only 2 candidates left
Do the american want a 3rd Bush term? LINKI don't think they do but they are so influenced by the media that you never know.
Tuesday, May 6, 2008
Quote of the day
"And when the history is written, it'll be said that we lived in a safer country, and a more hopeful world, because George Bush was President of these United States."- "DICK" Cheney, May 2008
Sunday, May 4, 2008
The state of the 2008 US economy has now an official name: The Bush recession
Now the moron is trying to blame the current crisis on congress. wtf. One word: i-m-p-e-a-c-h
Saturday, May 3, 2008
Oh my, this is a real McCain quote
"My friends, I will have an energy policy that we will be talking about, which will eliminate our dependence on oil from the Middle East that will prevent us from having ever to send our young men and women into conflict again in the Middle East"- John McCain, May 2008Oh my, I was going to change my mind and promote McCain to become the next president.
Luckily he changed his mind a few hours later ...
The expected GOP nominee sought to clarify his comments later, after his campaign plane landed in Phoenix. He said he didn't mean the U.S. went to war in Iraq five years ago over oil.
"No, no, I was talking about that we had fought the Gulf War for several reasons," McCain told reporters.
"No, no, I was talking about that we had fought the Gulf War for several reasons," McCain told reporters.
Who changed his mind in those few hours?
Oef, no dilemma for me. Thanks George, you made my day.
261 more days...I hope I can keep it up that long.
NO, the US government is NOT run by monkeys
It is run by lobbyists...
The nonpartisan Center for Responsive Politics said businesses, labor unions, governments and other interests spent a record $2.79 billion to lobby Washington in 2007, up 7.7 percent or $200 million in spending the year before.
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