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Riding the foreclosure bus

Profile picture for SoCal BubbleBrain

In every SoCal county, a new service courtesy of the housing bust has sprouted: the foreclosure bus.

I signed up for one but had to cancel last minute. Signed up again and will post my own video soon. Now if

they only had happy hour on board. I can see it now " Our first stop will be Plarusa's home in Pasadena followed by a quick detour

and pitstop to the former home of Monrovia's favorite resident, Mr. Bubbles."

 

http://www.ocregister.com/video/index.php?bcpid=1127694947&bclid=1389981867&bctid=1548122924

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May 13 2008 - US

Replies (9)

Profile picture for Spleng
Contributions: 4633

"Signed up again and will post my own video soon."

 

Sweet!

 

"Our first stop will be Plarusa's home in Pasadena followed by a quick detour

and pitstop to the former home of Monrovia's favorite resident, Mr. Bubbles."

 

LOL

 

Monrovio home of Real Estate Gold.



 

 

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May 13 2008
Profile picture for nstarr
Contributions: 179

And then post some video of something like this. Make sure you sound like "Tom Vu" so that you fit the mold.

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May 13 2008
Profile picture for Pasadenan
Contributions: 6701
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Since January 2009

PlarUSA only pretended to buy a $400k condo in Pasadena; his house is in Irvine and all the others are imaginary.  He doesn't even come to Pasadena and the only things he knows about it is what he read on Zillow (mostly what I posted) or what he saw on a website.  (Eg; he stated PCC's library has windows facing Colorado Blvd, but failed to mention the major construction projects presently occuring on the campus.  Ex2; he states a condo on Delmar & Mentor is comperable and in the same "neighborhood" as a condo on Ohio St at Marengo.  Ex3: he mentions that Rick's Burger has lost its lease {to allow for a mixed use development project} but fails to mention that they have been given an extention {since construction is slowing...}.  Ex4: he states he is getting "what he wants" for rent for the condo, but he doesn't even know what rents are in Pasadena for various kinds and locations of property).

 

There are two previous "foreclosures" on the market in my neighborhood; perhaps the tour will go by my house?  (It won't be foreclosed since there is no loan).

 

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May 14 2008
Profile picture for jaccceee
Contributions: 37

Wow!   I feel bad that I found  that so enertaining.  Im getting the vulture comments now. 

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May 14 2008
Profile picture for Aldreth
Contributions: 4233
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Since August 2009

So you think this is the bottom?

 

"The Federal Reserve's direct loans of cash to commercial banks climbed to the highest level on record in the past week, a sign of continued stress in financial markets that threatens to curtail credit for households and companies.

Funds provided through the so-called discount window for banks rose by $2.8 billion to a daily average of $14.4 billion in the week to May 14, the central bank said today in Washington. Separately, the Fed's loans to Wall Street bond dealers rose by $75 million to $16.6 billion.

The increase indicates financial firms' emergency needs for cash haven't receded."

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May 15 2008
Profile picture for Aldreth
Contributions: 4233
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Since August 2009

Here is a good quote...

 

"I’ve been in the building industry my entire life, and I would build homes forever if I could,’ he said. ‘But I honestly don’t see an end to this for quite a while. I think it’s just going to get worse.’”

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May 15 2008
Profile picture for Aldreth
Contributions: 4233
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Since August 2009

There is a 15 million dollar hamptons foreclosure in the news now. Must be a subprime borrower.

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May 15 2008
Profile picture for zs2matesrbad
Contributions: 144

 

Anyone catch the news last night with them talking about foreclosure rage?  Check out what angry exhomeowners did to their homes before they handed them back to the banks.

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May 16 2008
Profile picture for plarusa
Contributions: 861

Our first stop will be Plarusa's home in Pasadena...

 

A great home it is. I might retire there soon, while you doomers are still trying to figure this real estate thing out.

 

PlarUSA only pretended to buy a $400k condo in Pasadena

I think pasadenan drinks too much.

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May 17 2008
 

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