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Agape World investors meet to discuss strategy - Newsday
09.02.09
"We're here to support each other," said Dom DiColandrea, 53, of West Babylon , who called the meeting yesterday at his realty office on Wellwood Avenue. "We've become a family over the last couple weeks."
So far, the group has consulted several attorneys, who gave conflicting advice on strategies.
DiColandrea has started a blog, agapeworldincvictims.blogspot.com, and posts daily updates about the Agape saga. He puts a heavy emphasis on useful information for investors seeking their money, passing on links about whether the losses of a Ponzi scheme are tax deductible (yes, with exceptions), posting information about trial attorneys and letters from investors.
DiColandrea is not sure how many people read his Web site, but he said he is in regular e-mail contact with about 50 other investors.
"The media's not reporting on this story as much anymore, so I'm filling that void," said DiColandrea, who invested "a lot of money" in Agape
Source: Newsday, NY
What are safe nice-high middle class areas to live, pls provide zip codes if you can?
Sep 28, 2006 by ballon | Posted in Other - Home & Garden
these are my pick, but i dont know where are the best rich area to liv/ I need zip codes so I can chk which area I like the best: (I don't know where in each city
Pacific palisades
Laguna beach
long beach
san bernardino
I would like to let my realtor- thanks
Out of the four areas, Pacific Palisades is the wealthiest area followed by Laguna Beach. Long Beach is a mix of blue collar middle class and industrial. San Bernardino is on the extreme eastern edge of the metro Los Angeles area, and is largely middle class suburbia.
If you can afford it, Pacific Palisades is the place to live. There are lots of gated communities. In the end, you need to rely on an experienced real estate agent to find you the appropriate home based on your financial situation and other criteria.
Good luck with your search for a new place to live.
exbuilder | Oct 02, 2006
Should I buy or rent in Southern California?
Apr 18, 2007 by Steve | Posted in Renting & Real Estate
I will be moving to Long Beach this summer. Would you advice me to rent and wait to buy a house.
Do you think, housing prices in So. California will be going down this year?
Do you know and website or realtor in So. California, specializing in foreclosures ?
Lets assume it is a buyer's market so you as a potential buyer can find a good deal. Should you buy?
It really depends more on how long you are likely to stay in the area. If you will own the home for 5 to 10 years (even if you move out to another home) then any short term price decreases will largely be forgotten.
In a buyer's market you can find deals where you pay a lot less than the average. Hence you can buy below the present market and if the market average goes down you can still be fine.
It is also a good time to buy that home by the water or other unique location. Such homes rarely fall in value but there are times when there are not many buyers.
If you are not staying long then definitely look at what it cost to rent as that might be best.
For an overview of the foreclosure process and what it is like buying from a lender who took a property back look at the links below.
John Corey | Apr 18, 2007
Need advice on moving to Los Angeles Area?
Mar 30, 2008 by Duke666 | Posted in Los Angeles
I will be moving to Long Beach Area this summer.
What is the average price for a 3 bed+2 bath house in Long Beach or surrounding community?
Do you think, housing prices in So. California will be going down this year?
Do you know any website or realtor in So. California, specializing in foreclosures ?
1. don't know average in Long Beach.
2. Yes, the housing is going down, wait another 8-12 months. Don't be tempted to buy now, save your money for a bigger down and tidy up your credit until the bottom out.
3. Buy the Daily Commerce/Daily Journal for a huge listing of trust deed sales/foreclosure auctions which will take you to the source instead of breaking off a chunk for commissions to whoever. You'll find tons of vultures who will entice you, just search on your own and go to a few auctions just to get the experience. Also, they have this new thing called "UNauction" where developers are selling newly developed, built townhomes, condos, etc. at appx 30-50% lower. It's like a tour, you get to visit different homes, townhouses, condos and take a look-see. I just did a search and found an article below, they are having them all over if you do your own search.
All in all, wait a bit though before you buy.
Bastion | Mar 30, 2008
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