allisonorphan

" BTW they voted New York to be the best state in the US...pahleease...been there done that and no thanks..."



Agreed. NY is an amazing place and NYC is city living at its finest but unless one wants to live with multiple roomies in a space the size of a closet you have to make some serious money to exist there!

A pat and a punch there for NYC. In fact, each state in the union has its pros and cons so I find that article a little tough to digest........Viva AZ. Viva CA and Viva NY for that matter!

My wife and I are actually contemplating forclosure or even a short sale right now. We got our house in 2006 right at the peak of housing bubble ..now we are sitting about 100k underwater. While we can afford the mortgae we really don;t want to pay for it when we have negative equity and will have negative equity for at least 10-20 more years. So, we have taken steps tor see if we can get pre-qualified for a new home and move then rent out the old one for a few months (for leagl purposes on the prequal) and then just stop paying and either short sale or let it go into forclosure. Our mortgage company refused to work with us on a mortgage restructure and we went through NACA.com for assitance with that. I would not recomend them...ridiculously confusing and they hook into you like ACORN...wanting you to be advocates and things when the assistance they provide does nothing. don;t get me wrong we love our home...and we would do just about amnythig to stay...but it just doesn't see finacially sound anymore to keep when we could get a bigger house in a better neighborhood for WAAAY less than we paid in 2006 for our tiny little 3BD home.

oh man. dont get me started on this! i purchased my home in 2005. while i am happy for the folks that are getting sweet deals on homes, i'd be lying if i said it comes without a bit of bitterness!

i am currently in the short sale process. it pretty much sucks. my phone is ringing all the time with debt collectors, credit counselors and attorneys! my house is listed at 49,900 and is considered on the high end for size and location! at this point, i just kind of dont think about it anymore. i cant afford to have a second home and i have made a decision to stay in los angeles after landing a position as a school counselor.

it is a complete bummer that i am losing my down AND all equity AND getting a serious blemish on my credit! however, i just try and focus on the fact that i have a great job and am renting a really cute guest home!
best of luck to you and what you decide to do.

im no critic, but i enjoyed:

wilco-sky blue sky
joanna newsom- milk eyed mender
elliot smith- figure 8
walkmen- you and me
of montreal- sunlandic twins
radiohead- in rainbows

and even though he is a dick, kanye west made some killer music. paranoid was my favorite song for like 2 months.