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	<title>The Baby Blog</title>
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	<description>How to raise children without going insane...</description>
	<pubDate>Mon, 04 May 2009 21:30:54 +0000</pubDate>
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		<title>Back from haitus&#8230;</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=113</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=113#comments</comments>
		<pubDate>Thu, 14 Feb 2008 18:30:11 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Sub-Prime Lending]]></category>

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		<description><![CDATA[
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		<title>Maui Real Estate - A market to watch&#8230;</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=109</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=109#comments</comments>
		<pubDate>Mon, 04 Jun 2007 19:43:31 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Fed Reform]]></category>

		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=109</guid>
		<description><![CDATA[I just returned after sixteen days on Maui chasing wind and looking at real estate.  The wind by the way was awesome, as always, and I even got my back-loops wired on my foilboard.  For those of you who have not read my profile I&#8217;m big into wind and ocean sports, mainly kitesurfing and foilboarding.  Maui is a mecca for wind and ocean sports and if I could, I&#8217;d call it home.  Our plan when we sold our Belmont Shore home in October of &#8216;06 was to reinvest some of our ...]]></description>
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		<item>
		<title>&#8220;There&#8217;s a sucker born every minute&#8230;&#8221;</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=108</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=108#comments</comments>
		<pubDate>Sun, 03 Jun 2007 18:16:54 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Bio Diesel]]></category>

		<category><![CDATA[Fed Reform]]></category>

		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=108</guid>
		<description><![CDATA[&#8220;There&#8217;s a sucker born every minute&#8221;, was a phrase supposedly coined by P.T. Barnum, the American circus mogul.  In reality it was originally uttered by Barnum&#8217;s competitor, David Hannum, a New York banker turned showman.  Hannum made the prophetic statement after Barnum had successfully convinced the media that a &#8216;giant human fossil&#8217; Hannum had previously unveiled to the public was a fake and that Barnum&#8217;s newly found &#8216;giant human fossil&#8217; was the real deal.  Barnum&#8217;s newest sensation captured the media&#8217;s attention and the public soon flocked by the thousands to pay for and see ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=108</wfw:commentRss>
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		<item>
		<title>RebelDiesel.com</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=106</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=106#comments</comments>
		<pubDate>Sat, 12 May 2007 20:48:00 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?page_id=106</guid>
		<description><![CDATA[Come visit our biodiesel site to learn about the new revolution&#8230;
]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=106</wfw:commentRss>
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		<title>Housing Bubble and Baja California</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=101</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=101#comments</comments>
		<pubDate>Mon, 30 Apr 2007 15:43:49 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=101</guid>
		<description><![CDATA[Trust me - if you&#8217;re tracking the US housing bubble you&#8217;ll want to read this. 
In the winter of 2001 my wife Jeanine and I took our annual trips over Thanksgiving and Christmas down to Los Barriles, Baja California.  For those of you lacking Google Earth, Los Barriles is located south of La Paz and north of Cabo San Lucas.  It is on the Sea of Cortez and is frequented during the colder winter months up north by both Canandians and Americans the latter of which are mostly west coasters.  In ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=101</wfw:commentRss>
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		<item>
		<title>US Housing Bubble and New Century Mortgage - Part 4</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=100</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=100#comments</comments>
		<pubDate>Sun, 29 Apr 2007 17:47:12 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=100</guid>
		<description><![CDATA[I wrote the preceding three posts to shed some light on what types of individuals gravitated toward subprime lending as it grew within the mortgage industry.  Simply put, all types of people were lured by the potential profits of high risk lending.  Some of them were complete industry outsiders.  Some of them came from conventional lending backgrounds and saw subprime as a growth opportunity.  Finally, others were completely born into and bred by the subprime industry and knew nothing of conventional lending practices and the system of checks and balance built into conventional underwriting.
In the last post I ...]]></description>
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		<item>
		<title>US Housing Bubble and New Century Mortgage Part 3</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=99</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=99#comments</comments>
		<pubDate>Sat, 28 Apr 2007 17:25:07 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=99</guid>
		<description><![CDATA[I had left my position at my friend&#8217;s company whose focus was second mortgages and took a consulting position with another start up mortgage company.  The company was being formed by a young guy who I had actually gotten to know through my business partners in the mortgage company I had owned  a few years earlier.  This young guy had recently enjoyed much success in the infomercial arena.  His product had been a &#8216;home-based business&#8217; package that he sold throughout the US via the infomercial and seminar model.
His partner was also my ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=99</wfw:commentRss>
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		<item>
		<title>US Housing Bubble and New Century Mortgage - Part 2</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=98</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=98#comments</comments>
		<pubDate>Sat, 28 Apr 2007 16:36:34 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=98</guid>
		<description><![CDATA[Two other cases where I had involvement during the start up phases of a mortgage company, one directly and one as an observer, raise some issues regarding just what it is some of these companies are motivated by.
One company where I was merely an observer has become wildly successful as the largest independently owned funder of second mortgages in the US.  The owner of the company happens to be my ex-employee.  Ironically, he was the first loan officer I&#8217;d hired at my mortgage company described in the first post in this series.  ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=98</wfw:commentRss>
		</item>
		<item>
		<title>US Housing Bubble and New Century Mortgage - Part 1</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=97</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=97#comments</comments>
		<pubDate>Sat, 28 Apr 2007 15:21:52 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=97</guid>
		<description><![CDATA[I can honestly look my fifteen year old son in the eye and tell him I have never done a fraudulent loan in my entire lending career.**  I can honestly tell him that I never sacrificed my morals or ethics when it has come to my professional life.  Simultaneously, I would also tell him that I have made a few mistakes along the way - one which stands out would be hiring on at New Century Mortgage.
In this blog I&#8217;ve written about some of the events that led me to ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=97</wfw:commentRss>
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		<item>
		<title>WAMU At It Again - Turning Homes Into Credit Cards&#8230;</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=89</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=89#comments</comments>
		<pubDate>Thu, 26 Apr 2007 15:52:16 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=89</guid>
		<description><![CDATA[Below is an excerpt from an AP article on Forbes.com regarding a new &#8216;All-In-One&#8217; product from WAMU.  The mortgage enables borrowers to skip the hassles of refinancing to take advantage of fluctuating rates and also to take out &#8216;automatic&#8217; HELOC&#8217;s once again turning their house into a veritable credit card.  Yippee!  They finally did it!  Now I can make irresponsible decisions and charge it to my house easier than ever!
On the surface this product may appear to offer some advantages to people who want to take advantage of interest rate fluctuations that fall in ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=89</wfw:commentRss>
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		<item>
		<title>New Century Paying For Silence Of Top Reps?</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=88</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=88#comments</comments>
		<pubDate>Thu, 26 Apr 2007 15:14:18 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=88</guid>
		<description><![CDATA[I&#8217;ve heard directly from sources at New Century that top Account Executives have been retained on hefty salary guarantees as New Century rides out their BK.  On the surface this may seem like a benign move on New Century&#8217;s part designed to maintain market share as they emerge from bankruptcy.  This notion would be plausible if New Century was still conducting business funding mortgages.  However, they are not.  A more plausible reason in this environment to pay substantial guarantees to your top Account Executives while they interview for other jobs ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=88</wfw:commentRss>
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		<item>
		<title>SubPrime Lending - Real stories from the front line&#8230;</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=86</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=86#comments</comments>
		<pubDate>Wed, 25 Apr 2007 15:21:53 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=86</guid>
		<description><![CDATA[When I first started in this business about twenty years ago there was a definite amount of respectability across the board in the industry.  My position as a loan officer for a major savings and loan was viewed in large part as a professional endeavor.  Borrowers were respectful of lending guidelines and of my position relative to their having access to information and loan product in general.  Mortgage brokers were thankful for the service provided by lenders in the issuance of mortgage product for their clients.  All in all it ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=86</wfw:commentRss>
		</item>
		<item>
		<title>More Desperate Borrowers - When it rains it pours&#8230;</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=66</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=66#comments</comments>
		<pubDate>Tue, 24 Apr 2007 16:35:58 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=66</guid>
		<description><![CDATA[Now I am receiving inquiries from borrowers knowingly wishing to borrower more than their home is worth.  I had received a few of these over the last few days where the borrowers were unaware that their values had declined below their original purchase prices.  Last night I received two inquiries where the borrowers were well aware their proposed mortgage balances after refinancing would exceed the existing value of their homes.  One borrower was already exploring a short-sale while the other maintained a &#8216;hold on at all cost&#8217; attitude.
The looming short sale was ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=66</wfw:commentRss>
		</item>
		<item>
		<title>thefundingshop.com</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=65</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=65#comments</comments>
		<pubDate>Tue, 24 Apr 2007 14:15:47 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?page_id=65</guid>
		<description><![CDATA[QuiggleMe.com is sponsored by my mortgage company, thefundingshop.com.  Web-site address; http://thefundingshop.com links to our main site and is a great resource for anyone in need of information or assistance regarding a home mortgage.
]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=65</wfw:commentRss>
		</item>
		<item>
		<title>SubPrime Crisis - Real Stories&#8230;</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=63</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=63#comments</comments>
		<pubDate>Tue, 24 Apr 2007 00:59:38 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=63</guid>
		<description><![CDATA[OK.  Here we go.  I thought I would share some real world stories that taken on a grander scale send a chilling message.  On a daily basis my web-site - http://thefundingshop.com takes in numerous inquiries for mortgages of all kinds.  The &#8216;lead-pool&#8217; as it were, is growing scarier and scarier by the day.  Over the last few days I&#8217;ve received the following inquiries&#8230;
One - A gentleman who&#8217;d purchased his home about a year and half ago with 80/20 financing.  Purchase price was $690,000.  He indicated on his inquiry that the value was now $900,000 ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=63</wfw:commentRss>
		</item>
		<item>
		<title>Equity-Sharing - A Viable Solution to Foreclosure Tsunami</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=44</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=44#comments</comments>
		<pubDate>Wed, 18 Apr 2007 18:26:38 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Fed Reform]]></category>

		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=44</guid>
		<description><![CDATA[After much thought I have arrived at what I believe is an equitable solution to the potential disastrous impact the present foreclosure cloud can have on our economic environment.  In my thought process I applied simple market-based philosophies when considering the division of interests in a real estate transaction between borrower and lender, and even their relationship to surrounding markets.
First, borrower and lender enter into a de facto &#8216;partnership&#8217; when credit is granted from a lender to a borrower to consumate a real estate purchase (or refinance).  The borrower is in ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=44</wfw:commentRss>
		</item>
		<item>
		<title>Texas Congressman Ron Paul on Fed Monopoly</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=35</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=35#comments</comments>
		<pubDate>Tue, 17 Apr 2007 21:25:36 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Fed Reform]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=35</guid>
		<description><![CDATA[http://www.house.gov/paul/tst/tst2007/tst040907.htm - comments
http://www.house.gov/paul/ - main site
Please visit Congressman Ron Paul&#8217;s site and read his comments on the Federal Reserve monopoly.  We need to get behind guys like this and give them a bigger voice.  It also appears Chris Dodd is moving in the right direction with his recent condemnation of Greenspan&#8217;s 2004 &#8216;alternative to fixed rate mortgages&#8217; speech and the Fed&#8217;s fueling of this most recent asset bubble at the expense of the American homeowner.
April 9,  2007 - The Federal Reserve Monopoly Over Money - US Representative Ron Paul
Recently I had ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=35</wfw:commentRss>
		</item>
		<item>
		<title>New Century - Why I sold&#8230;</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=42</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=42#comments</comments>
		<pubDate>Tue, 17 Apr 2007 20:56:57 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=42</guid>
		<description><![CDATA[In the summer of 2006 my wife and I sold our 3,600 square foot custom home located one block from the beach in Southern California. As a result of the latest real estate boom we, like many people, reaped a substantial gain in selling at the market’s peak. At the time we had purchased the home (four years earlier) we thought for sure we’d be there for at least ten years. But the market kept climbing. Our potential profit continued to grow. And what had been our plan when we ...]]></description>
		<wfw:commentRss>http://0182eb9.netsolhost.com/blog1/?feed=rss2&amp;p=42</wfw:commentRss>
		</item>
		<item>
		<title>Seal Beach Foreclosure - A telling story&#8230;</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=40</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=40#comments</comments>
		<pubDate>Tue, 17 Apr 2007 20:08:00 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Mortgage]]></category>

		<category><![CDATA[Real Estate]]></category>

		<category><![CDATA[Sub-Prime Lending]]></category>

		<guid isPermaLink="false">http://0182eb9.netsolhost.com/blog1/?p=40</guid>
		<description><![CDATA[After I sold my place in Belmont Shore we moved a hop skip and jump to Seal Beach.  We got settled in by Thanksgiving of 2006 and headed off to Baja for our annual kitesurfing and Pacifo binge over the Christmas holidays. 
We returned from Baja January 6th and noticed that the house three doors down from us was now vacant.  There was no for-rent sign, no for-sale sign, no indication as to what or why the owners had up and left.  Then the weeds started piling up.  I knew something ...]]></description>
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		<title>Are real estate agents insane or just stupid?</title>
		<link>http://0182eb9.netsolhost.com/blog1/?p=39</link>
		<comments>http://0182eb9.netsolhost.com/blog1/?p=39#comments</comments>
		<pubDate>Tue, 17 Apr 2007 14:40:29 +0000</pubDate>
		<dc:creator>BRETTBUCHANAN</dc:creator>
		
		<category><![CDATA[Real Estate]]></category>

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		<description><![CDATA[You have to check out this blog.  I found it on http://realestatevoices.com It&#8217;s some San Diego real estate agent&#8217;s blog who believes &#8220;99%&#8221; of all renters are qualified buyers.  Oh my God&#8230;
http://www.californiarealestatevoice.com/2006/12/28/is-san-diego-homebuying-for-the-first-time/ 
(Excerpt) - &#8220;It was this experience that helped reiterate that buying is within reach for 99% of those currently renting, and helping them discover the unknown is all it really takes. This is what they need to know…&#8221;
I swear he made that number up.  Where the hell does this guy come up with 99% of all renters being qualified ...]]></description>
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