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Old 01-28-2008, 03:03 PM
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Stockton, CA. Foreclosure Capital Of US

I just saw a quick blurb on Yahoo which said that Stockton, California which a few years ago was the one of the "Hottest" real estate markets in the US is now facing a foreclosure rate of 2 out of 3 houses.

If it can happen in Stockton, is your community next?

Interesting times.
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Old 01-28-2008, 03:04 PM
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Re: Stockton, CA. Foreclusure Capital Of US

It's happened in California before. Fixed rates! That's the way to go! One of my sisters works in the mortgage industry and she is furious that they put out loans to some of the people they did!
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Old 01-28-2008, 03:04 PM
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Re: Stockton, CA. Foreclusure Capital Of US

That is because them knuckleheads in Cali have gone nuts and driven the price of housing sky high!

typical west coast, the land of fruits and nuts!


there would be vertuall no forclosures in Cali, if a 1500 sq ft home costs $130,000!

goofy people.
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Old 01-28-2008, 03:06 PM
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Re: Stockton, CA. Foreclusure Capital Of US

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Originally Posted by Ferd View Post
That is because them knuckleheads in Cali have gone nuts and driven the price of housing sky high!

typical west coast, the land of fruits and nuts!


there would be vertuall no forclosures in Cali, if a 1500 sq ft home costs $130,000!

goofy people.
Yes true..but...at least we don't marry our cuzins!!!
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Old 01-28-2008, 03:07 PM
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Re: Stockton, CA. Foreclusure Capital Of US

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Yes true..but...at least we don't marry our cuzins!!!
Silly thats arkansas and alabama not texas!!!!!!!
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Old 01-28-2008, 03:16 PM
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Re: Stockton, CA. Foreclusure Capital Of US

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Yes true..but...at least we don't marry our cuzins!!!
well, folk that marry their cuzins generally dont defraud banks!

they might make a little moonshine and have gun fights with the revenuers and such, but they dont take out loans they cant pay!



and lets not kid ourselves, most folk in California, dont marry. they just shack up and who even knows if they is shacken with a person of different gender or not!
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Old 01-28-2008, 03:22 PM
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Re: Stockton, CA. Foreclusure Capital Of US

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well, folk that marry their cuzins generally dont defraud banks!

they might make a little moonshine and have gun fights with the revenuers and such, but they dont take out loans they cant pay!



and lets not kid ourselves, most folk in California, dont marry. they just shack up and who even knows if they is shacken with a person of different gender or not!
Such words of wisdom....
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Old 01-28-2008, 03:23 PM
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Re: Stockton, CA. Foreclusure Capital Of US

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Such words of wisdom....
Thank you!
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Old 01-28-2008, 03:29 PM
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Re: Stockton, CA. Foreclusure Capital Of US

Quote:
Originally Posted by Ferd View Post
well, folk that marry their cuzins generally dont defraud banks!

they might make a little moonshine and have gun fights with the revenuers and such, but they dont take out loans they cant pay!



and lets not kid ourselves, most folk in California, dont marry. they just shack up and who even knows if they is shacken with a person of different gender or not!
Yes this is true but at least we have high regard for dental work!
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Old 01-28-2008, 03:31 PM
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Re: Stockton, CA. Foreclusure Capital Of US

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Yes this is true but at least we have high regard for dental work!
by all accounts, due to overpaying for living space, you cant afford food... or so pictures of overskinny waifs from the land of fruits and nuts would suggest...


so you have teeth, but dont seem to be using them?
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