Sorry folks, we … Sorry folks, we have been had, peed on, scammed and lied to.
WallStreet bailouts were rigged and a fraud, market manipulations,
high freqency trading, flash orders, naked short selling by:
Goldman, JPM, Cit, MorgStanley, Aig, stay away from this scum.
The Fed, Comex, ETF’s, Govt data: frauds. Your labor devalued to Zero.
Pull your money out, walk away from your mortgage and CC card debt,
We can beat them at their own game, buy pure silver bullion,
buy local mom and pop. Starve The Beast!
@doubanjiang What … @doubanjiang What bail out are you talking about. Banks took money from the goverment
and have done nothing to help anybody but themself CEO’ still makin over 30 million a year
while your advice … while your advice is well taken, you forgot
- all her loans are completely adjustable and at the point of this show, had not adjusted yet. So we’re looking at her 3,000 mortgage could have balloned to 5, 6 or even… and yes we’ve all seen it now, 10,000 / month. Suze told her the right thing, to walk away from this one and buy something she could afford at 40k/yr
my god a pool? really? and she had an ARM already? she was asking for this heartache
Technically, you … Technically, you still have to pay the government it’s share of the property every year, that is all yours!!!
ugh, i just don’t get why people are so anxious to “own” a depreciating asset. You can’t escape from living expenses people but you might as well try and make it as cheap as possible, thats why renting is soooooo much better than “owning” (if you can call it that).
this woman … this woman completely deserves to go under. A 500K home with no equity in it? A pool? THIS is what we’ve been bailing out.. And I’m sick of it.
I promise you that … I promise you that if Suze Orman didn’t have a $90 million dollar net worth (made from mass-media marketing income not available to her desciples), she could not survive the current enviroment any better than the caller above. She could use her position to shine the light on the failures of a government who looked the other way while Wall Street set up this attack on society, but she smartly remembers who owns the TV stations and publishing houses.
oh yeah and i … oh yeah and i forgot to add…an income of $40K qualifies you for government assistance in some areas. I wont be surprised if LA happens to be one of those areas.
She is a realtor … She is a realtor that just expected to keep having her same income, and not planning for a lack of income. The Real Estate industry usually always makes money.
Second and third mortgages and equity loans are the problem .
She is just stupid … She is just stupid Real State Agent. She has been a RS agent for 10 years, I am sure she had experience low and down on the markets, She should anticipated the market will go down, and be preparefor it as a professional. She shaould have follow the market close. ONe question that I have if hse is in that trauble, how many people she put on the same trauble.
Mushu, you’re right … Mushu, you’re right about needing to live within your means. And ARMs suck. But $40,000 depends on where you live. Where I live, it doesn’t even count as middle class. It doesn’t mean you’re high maintenance, it means you don’t live in a cheap part of the country. New York City is more expensive overall than Mississippi for example.
amen to that.. a … amen to that.. a good credit score just means your eligible for more debt. if you don’t have the money, don’t buy it. your not worthy of it yet.
Sobering. the cost … Sobering. the cost of bad decisions can leave you homeless. I cannot get over the swimming pool and mortgaes of $ 3,720.00 per month. How can she sleep at night?
I never thought I … I never thought I could feel anger towards somebody seeking sympathy, but this lady has accomplished it. A RE agent making $140k during the housing bubble, buys up investment properties, and now has to function in a slowing economy. Hold back the tears. RE agents are pieces of shit. Uneducated, lazy, overcharging pieces of shit. I hope they all end up broke like her.
Suze Orman speaks to a realtor who is underwater
January 28th, 2010 at 3:17 pm
The lady should …
The lady should have known the future! What was she thinking?
January 28th, 2010 at 3:17 pm
Sorry folks, we …
Sorry folks, we have been had, peed on, scammed and lied to.
WallStreet bailouts were rigged and a fraud, market manipulations,
high freqency trading, flash orders, naked short selling by:
Goldman, JPM, Cit, MorgStanley, Aig, stay away from this scum.
The Fed, Comex, ETF’s, Govt data: frauds. Your labor devalued to Zero.
Pull your money out, walk away from your mortgage and CC card debt,
We can beat them at their own game, buy pure silver bullion,
buy local mom and pop. Starve The Beast!
January 28th, 2010 at 3:17 pm
Suze will be …
Suze will be appearing on The Today Show this Monday.
January 28th, 2010 at 3:17 pm
@doubanjiang What …
@doubanjiang What bail out are you talking about. Banks took money from the goverment
and have done nothing to help anybody but themself CEO’ still makin over 30 million a year
January 28th, 2010 at 3:17 pm
Screw this woman, …
Screw this woman, she had to have known the roller coaster was going to end. A wiser person would have saved some of that 136K.
January 28th, 2010 at 3:17 pm
while your advice …
while your advice is well taken, you forgot
- all her loans are completely adjustable and at the point of this show, had not adjusted yet. So we’re looking at her 3,000 mortgage could have balloned to 5, 6 or even… and yes we’ve all seen it now, 10,000 / month. Suze told her the right thing, to walk away from this one and buy something she could afford at 40k/yr
my god a pool? really? and she had an ARM already? she was asking for this heartache
January 28th, 2010 at 3:17 pm
Technically, you …
Technically, you still have to pay the government it’s share of the property every year, that is all yours!!!
ugh, i just don’t get why people are so anxious to “own” a depreciating asset. You can’t escape from living expenses people but you might as well try and make it as cheap as possible, thats why renting is soooooo much better than “owning” (if you can call it that).
January 28th, 2010 at 3:17 pm
Suze will be …
Suze will be appearing on The Oprah Winfrey Show tomorrow.
January 28th, 2010 at 3:17 pm
this woman …
this woman completely deserves to go under. A 500K home with no equity in it? A pool? THIS is what we’ve been bailing out.. And I’m sick of it.
January 28th, 2010 at 3:17 pm
I promise you that …
I promise you that if Suze Orman didn’t have a $90 million dollar net worth (made from mass-media marketing income not available to her desciples), she could not survive the current enviroment any better than the caller above. She could use her position to shine the light on the failures of a government who looked the other way while Wall Street set up this attack on society, but she smartly remembers who owns the TV stations and publishing houses.
January 28th, 2010 at 3:17 pm
Credit checks for …
Credit checks for certain types of employment are very common, especially in credit-check-happy California and New York.
January 28th, 2010 at 3:17 pm
if i were her, id …
if i were her, id sell the house and start again but next time learn from my mistakes.
January 28th, 2010 at 3:17 pm
oh yeah and i …
oh yeah and i forgot to add…an income of $40K qualifies you for government assistance in some areas. I wont be surprised if LA happens to be one of those areas.
January 28th, 2010 at 3:17 pm
$40,000 yearly …
$40,000 yearly salary is dismal if you live in Los Angeles!!
January 28th, 2010 at 3:17 pm
Its called Greed, …
Its called Greed, you got some and want more and more.. not to smart for an agent
i am not an agent and already paid off my house
a crappy little house but it is all mine..!!!
January 28th, 2010 at 3:17 pm
She is a realtor …
She is a realtor that just expected to keep having her same income, and not planning for a lack of income. The Real Estate industry usually always makes money.
Second and third mortgages and equity loans are the problem .
January 28th, 2010 at 3:17 pm
I wouldn’t call …
I wouldn’t call Stacie a real estate ‘professional’. She should have called Suze to ask ‘can I afford it’ before buying the pool—HA!
January 28th, 2010 at 3:17 pm
She is just stupid …
She is just stupid Real State Agent. She has been a RS agent for 10 years, I am sure she had experience low and down on the markets, She should anticipated the market will go down, and be preparefor it as a professional. She shaould have follow the market close. ONe question that I have if hse is in that trauble, how many people she put on the same trauble.
January 28th, 2010 at 3:17 pm
Mushu, you’re right …
Mushu, you’re right about needing to live within your means. And ARMs suck. But $40,000 depends on where you live. Where I live, it doesn’t even count as middle class. It doesn’t mean you’re high maintenance, it means you don’t live in a cheap part of the country. New York City is more expensive overall than Mississippi for example.
January 28th, 2010 at 3:17 pm
amen to that.. a …
amen to that.. a good credit score just means your eligible for more debt. if you don’t have the money, don’t buy it. your not worthy of it yet.
January 28th, 2010 at 3:17 pm
You probably …
You probably haven’t been job hunting lately.
January 28th, 2010 at 3:17 pm
and another good …
and another good reason to consider selling your home privately instead of using an alleged “expert”
January 28th, 2010 at 3:17 pm
corporations do …
corporations do that everyday…they take the bigest risks and hurt the most people…that is why so many are against the bailout.
January 28th, 2010 at 3:17 pm
Sobering. the cost …
Sobering. the cost of bad decisions can leave you homeless. I cannot get over the swimming pool and mortgaes of $ 3,720.00 per month. How can she sleep at night?
January 28th, 2010 at 3:17 pm
I never thought I …
I never thought I could feel anger towards somebody seeking sympathy, but this lady has accomplished it. A RE agent making $140k during the housing bubble, buys up investment properties, and now has to function in a slowing economy. Hold back the tears. RE agents are pieces of shit. Uneducated, lazy, overcharging pieces of shit. I hope they all end up broke like her.