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View Poll Results: When will the housing Bust end in FL?
By the end of this year 21 8.30%
Spring 2008 28 11.07%
Summer 2008 16 6.32%
Fall 2008 17 6.72%
Winter 2008 12 4.74%
Spring 2009 29 11.46%
Summer 2009 18 7.11%
Fall 2009 11 4.35%
Winter 2009 9 3.56%
Sometime in 2010 38 15.02%
Sometime in 2011 13 5.14%
Sometime in 2012 11 4.35%
2013 or later 30 11.86%
Voters: 253. You may not vote on this poll

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Old 07-24-2007, 10:33 AM
SKB
thehousingbubbleblog.com
 
Join Date: Jan 2007
Location: WPB
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On property tax records what does QC mean? It is listed under the deed area information.

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Old 07-24-2007, 10:36 AM
Real Estate Agent
Status: "It happens sometimes. People just explode. Natural causes." (set 3 days ago)
 
Join Date: Oct 2006
Location: Weeki Wachee,FL
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Quote:
Originally Posted by SKB View Post
On property tax records what does QC mean? It is listed under the deed area information.
Quit Claim deed as opposed to Warranty Deed (WD)

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Old 07-24-2007, 11:02 AM
SKB
thehousingbubbleblog.com
 
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Quote:
Originally Posted by Mike Peterson View Post
Quit Claim deed as opposed to Warranty Deed (WD)
Thank you.

So this means the property title was transfered? If someone was selling a home why would they do this?

I saw a home that I like and it is for sale by a private contractor, I noticed that June 2007 he has a QC listed.

Wondering what that is all about.

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Old 07-24-2007, 11:38 AM
Real Estate Agent
Status: "It happens sometimes. People just explode. Natural causes." (set 3 days ago)
 
Join Date: Oct 2006
Location: Weeki Wachee,FL
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Quote:
Originally Posted by SKB View Post
Thank you.

So this means the property title was transfered? If someone was selling a home why would they do this?

I saw a home that I like and it is for sale by a private contractor, I noticed that June 2007 he has a QC listed.

Wondering what that is all about.
It does mean it was transferred and could have been done for tax reasons for when it does sell. There are many reasons why they would have done it but most times does not signal anything out of the ordinary.

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Old 07-24-2007, 11:50 AM
Yac
Senior Moderator
 
Join Date: Jan 2006
1,291 posts, read 345,358 times
I just deleted 13 posts from this thread. Everybody calm down and stop with the personal attacks. Infractions have been issued.
Yac.

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Old 07-24-2007, 01:00 PM
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JimKing will become famous soon enoughJimKing will become famous soon enoughJimKing will become famous soon enough
The predictions for a recovery seem to be getting further into the future every month.

NEW YORK (Reuters) -- Countrywide Financial Corp. Chief Executive Angelo Mozilo said the U.S. housing market is unlikely to recover before 2009, as lenders and homeowners work through oversupply, stagnating home prices and the excesses of recent lax lending standards in much of the mortgage industry.

"It just takes a long time to turn a battleship around," Mozilo said on a conference call discussing quarterly results for Countrywide, the largest U.S. mortgage lender. "This is a huge battleship, and we're headed in the wrong direction."

Calling it "a gut feeling," Mozilo said, "It's going to take the balance of this year to get this thing to look like it's slowing down (and) 2009 to head into the other direction."

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Old 07-24-2007, 01:25 PM
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News flash intrest rates are climbing! So that means any houses that dropped in the last year you are probably losing a good chunk of those sayvings if you dont buy cash, so for all of you waiting for the houses to drop even more think about this if you need a mortgage you very well could wind up paying more monthly. And I am not a real estate agent I am a mortgage broker,I personally will make money either way and people are refinancing to get out of arms so I have no reason to steer anyone into buying homes,just be carefull how long you wait you could just be helping the folks with cash by holding out and driving the prices down. I know people say if rates go up prices will drop but they will not drop to the levels people think, eventually you will be paying more monthly because of rates. and if rates go down prices will go up also. crazy

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Old 07-24-2007, 03:00 PM
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Location: Southeast Cape Coral
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Quote:
Originally Posted by NY62 View Post
News flash intrest rates are climbing! So that means any houses that dropped in the last year you are probably losing a good chunk of those sayvings if you dont buy cash, so for all of you waiting for the houses to drop even more think about this if you need a mortgage you very well could wind up paying more monthly. And I am not a real estate agent I am a mortgage broker,I personally will make money either way and people are refinancing to get out of arms so I have no reason to steer anyone into buying homes,just be carefull how long you wait you could just be helping the folks with cash by holding out and driving the prices down. I know people say if rates go up prices will drop but they will not drop to the levels people think, eventually you will be paying more monthly because of rates. and if rates go down prices will go up also. crazy
You could just be helping the folks with cash by holding out and driving the prices down. ??????????? and thats bad why ?

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Old 07-24-2007, 03:23 PM
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arent the ones holding out the ones with at least 20% to put down?

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Old 07-24-2007, 03:44 PM
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Quote:
Originally Posted by floridamove2 View Post
You could just be helping the folks with cash by holding out and driving the prices down. ??????????? and thats bad why ?
Because it is not helping you if you are financing. and alot of them are investers.they are the ones that really screwed it up to begin with.

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