San Diego real estate – 2009 the Option ARM resets
2009 January 12
Many local mortgage lenders feel that San Diego & Southern California were the prime locations for the adjustable Option ARM loans. Now, just when many believed the mortgage crisis was winding down, San Diego real estate will be facing another major obsticle.
Our first post on this problem was San Diego Real Estate … The Coming Next Wave of Foreclosures, published on 7-17-08. It took a little while, but now the major media outlets have picked up on this problem. San Diego Realtors
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Stupid idiots in houses they couldn’t afford in the first place. No sympathy. Tough shiet.
Orange County Legal Advice
Not all foreclosures are due to bad mortgages. I would imagine a healthy number are from folks being out of work too. High and prolonged unemployment has gotta spike the foreclosures.
San Diego Implant Dentist
The perfect storm of a complete financial collapse is a couple months away. Be ready for a wild ride!
San Diego Real Estate Investments