Comments on: Mortgage Equity Withdrawal Syndrome. The 3rd Rail of the Housing Led Boom. http://www.doctorhousingbubble.com/mortgage-equity-withdrawal-syndrome-the-3rd-rail-of-the-housing-led-boom/ How I Learned to Love Southern California and Forget the Housing Bubble Tue, 06 Jan 2009 08:17:36 +0000 http://wordpress.org/?v=2.2.2 By: Jim A http://www.doctorhousingbubble.com/mortgage-equity-withdrawal-syndrome-the-3rd-rail-of-the-housing-led-boom/#comment-30171 Jim A Tue, 30 Dec 2008 13:49:25 +0000 http://www.doctorhousingbubble.com/mortgage-equity-withdrawal-syndrome-the-3rd-rail-of-the-housing-led-boom/#comment-30171 “Crapgar bank, technical services may I help you?” “Yeah, my equity ATM isn’t working. everytime I try to get money out it I get an ‘Insuficient Equity” message. “Have you tried remodeling, maybe granite countertops?” “Yes, and a SubZero refrigerator, nothing seems to work.” “Okay, I’ve found your problem. You’re effed. Take the box that the fridge came in and put it out on the curb. You’ll have to move into it while we repo your home and belongings. Have a nice day.” “Crapgar bank, technical services may I help you?”

“Yeah, my equity ATM isn’t working. everytime I try to get money out it I get an ‘Insuficient Equity” message.

“Have you tried remodeling, maybe granite countertops?”

“Yes, and a SubZero refrigerator, nothing seems to work.”

“Okay, I’ve found your problem. You’re effed. Take the box that the fridge came in and put it out on the curb. You’ll have to move into it while we repo your home and belongings. Have a nice day.”

]]> By: Dr. Housing Bubble Blog » Blog Archive » The Rent vs. Buying Dilemma: Mortgages the Southern California Way. 3 Factors to look at: Increase Rental Prices, Housing Price Declines, and Tighter Credit Markets. http://www.doctorhousingbubble.com/mortgage-equity-withdrawal-syndrome-the-3rd-rail-of-the-housing-led-boom/#comment-2309 Dr. Housing Bubble Blog » Blog Archive » The Rent vs. Buying Dilemma: Mortgages the Southern California Way. 3 Factors to look at: Increase Rental Prices, Housing Price Declines, and Tighter Credit Markets. Tue, 09 Oct 2007 20:17:31 +0000 http://www.doctorhousingbubble.com/mortgage-equity-withdrawal-syndrome-the-3rd-rail-of-the-housing-led-boom/#comment-2309 [...] we will have a bailout and the market is rejoicing.  Yet looking at the mortgage reset charts and mortgage equity withdrawals, it is clear we are only entering the first stage of a multiyear housing bear market bailout or no [...] […] we will have a bailout and the market is rejoicing.  Yet looking at the mortgage reset charts and mortgage equity withdrawals, it is clear we are only entering the first stage of a multiyear housing bear market bailout or no […]

]]> By: Frank http://www.doctorhousingbubble.com/mortgage-equity-withdrawal-syndrome-the-3rd-rail-of-the-housing-led-boom/#comment-1498 Frank Mon, 30 Jul 2007 17:42:00 +0000 http://www.doctorhousingbubble.com/mortgage-equity-withdrawal-syndrome-the-3rd-rail-of-the-housing-led-boom/#comment-1498 I hope this article helps your clients who need to quickly raise their credit scores for the loan approval process or for the best possible interest rates.<br/><br/><a HREF="http://www.creditips.com/blog/how-i-raised-my-credit-score-40-points-in-24hrs.html" REL="nofollow">How Credit Expert Frank Bruno Raised His Credit Score 40 Points in 24hrs.</a><br/><br/>Also your clients may be interested in watching <a HREF="http://www.DisputeDemon.com" REL="nofollow">Free Credit Tip Videos here</a> I hope this article helps your clients who need to quickly raise their credit scores for the loan approval process or for the best possible interest rates.

How Credit Expert Frank Bruno Raised His Credit Score 40 Points in 24hrs.

Also your clients may be interested in watching Free Credit Tip Videos here

]]> By: The North Coast http://www.doctorhousingbubble.com/mortgage-equity-withdrawal-syndrome-the-3rd-rail-of-the-housing-led-boom/#comment-1375 The North Coast Tue, 17 Jul 2007 03:38:00 +0000 http://www.doctorhousingbubble.com/mortgage-equity-withdrawal-syndrome-the-3rd-rail-of-the-housing-led-boom/#comment-1375 Your photo is great. <br/><br/>ABN-AMRO LaSalle Bank actually ran an ad with a similar picture, of a glossy home kitchen with an ATM positioned next to the frig, with ad copy that said "it's like having an ATM right in your kitchen".<br/><br/>This ad appeared in 2004 and was a really good clue that the inmates were running the bin and that the housing boom was on borrowed time. Your photo is great.

ABN-AMRO LaSalle Bank actually ran an ad with a similar picture, of a glossy home kitchen with an ATM positioned next to the frig, with ad copy that said “it’s like having an ATM right in your kitchen”.

This ad appeared in 2004 and was a really good clue that the inmates were running the bin and that the housing boom was on borrowed time.

]]> By: Peppermint Hippo http://www.doctorhousingbubble.com/mortgage-equity-withdrawal-syndrome-the-3rd-rail-of-the-housing-led-boom/#comment-1374 Peppermint Hippo Mon, 16 Jul 2007 23:13:00 +0000 http://www.doctorhousingbubble.com/mortgage-equity-withdrawal-syndrome-the-3rd-rail-of-the-housing-led-boom/#comment-1374 Dr. HB - good point about the lack of basic financial education. If the schools aren't teaching it, and the parents don't practice it, then we are stuck in a cycle of being financially illiterate. It's strange that we live in the richest country in the world yet a good chunk of the population doesn't understand the basics of growing personal wealth. Any theories to explain this disconnect? Dr. HB - good point about the lack of basic financial education. If the schools aren’t teaching it, and the parents don’t practice it, then we are stuck in a cycle of being financially illiterate. It’s strange that we live in the richest country in the world yet a good chunk of the population doesn’t understand the basics of growing personal wealth. Any theories to explain this disconnect?

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