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In United States
Registered Jun 22, 2009

SubOink's most recent comments:

• On 24 Apr 2013 in Signs The Housing Market Is Starting To Head South, SubOink said:

  I gotta say my experience on my first home purchase with WF was very good. They closed us within 30 days...but I had all my paperwork ready to rock, scanned in and ready to be emailed. No hard time, a good rate and fast service.

  Disclaimer: Since I have never done it before I don't know how much better the experience could be. But I had no complaints, they collected the paperwork, sent an appraiser, had a few questions (I am self employed) which I had my accountant clarify with them and BAM! Done. Not sure what possibly could have been better. The rate was better than what anybody else had offered at the time.

  For the refi - I did ask amerisave and then ING (now capital360) and both of them denied us for the refi. Stupid. Wells fargo came thru and refied us at a great rate, no cost within 60 days. Fast and easy. Fill out the form with questions, handed in our paperwork and got refied.

  I guess everyone 's situation is different.

• On 17 Apr 2013 in case shiller up 8.1%, SubOink said:

  JodyChunder says
  

  You don't really believe that. The transaction you describe would be more of an (extreme) outlier; not evidence of the real underlying value of the rusty nail.

  Millions of people are buying bottled water for $3.50 a bottle....

  At this point - you got bottled water - its worth $3.50 a bottle whether its really worth it or not. That's what you can get for it in the free market - that's what its worth.
  Who gives a $hit about REAL underlying value?? Is a hamburger at McDonalds worth $1.50?? Is a Big Mac Meal worth $6.99.- ??

• On 17 Apr 2013 in case shiller up 8.1%, SubOink said:

  David Losh says
  

  Real Estate is a transaction between two individuals, some may over pay, other may under pay. The seller can sell, if they don't have a mortgage for wahtever price they choose. I, as a cash buyer can pay as much, or as little as I choose.

  Market conditions may have an influence, but they don't make the transaction.

  I don't know what your point is.

  Mine was - If I keep selling rusty nails for $450k so they are worth 450k. Unlike you said.