Monday, June 19, 2006

Glimpse Of The Future

From the AP:

Foreclosures May Jump As ARMs Reset
By J.W. Elphinstone

In 2003, Anita Britten refinanced her two-story brick cottage in Lithonia, Ga. using a hybrid adjustable rate mortgage, or ARM. Her lender reassured her that she could refinance out of the riskier loan into a traditional one when her interest rate started to reset.

Three years later, Britten can't get a new mortgage and her monthly payment has jumped by a third in six months. She can't afford her payments and may face foreclosure if her financial situation doesn't change.

As more ARMs adjust upward and housing prices begin to dip, many Americans like Britten can't refinance and are finding themselves trapped in too-high monthly payments. For those who can't make their payments, foreclosure is the only way out.
...
For example, Britten's monthly payment jumped from $1,079 to $1,340 at the beginning of this year. It rose again on June 1 by another $104 and is scheduled to increase again in December. Britten, who is also paying off student loans, went to a credit counseling service to help her avoid foreclosure.
...
"ARMs are a ticking time bomb," said Brad Geisen, president and chief executive of property tracker Foreclosure.com. "Through 2006 and 2007, I'm pretty sure we'll see a high volume of foreclosures."
...
In 2002, Christopher Jones, 32, refinanced into a hybrid ARM with plans to refinance again when the rate started to readjust. At the time, his downtown Atlanta house appraised for $108,000.

Now, his monthly payments have shot up, but Jones can't sell his house for more than $84,000 and he can't get an appraisal for more than $85,000.

The appraisal firm told Jones that the value of houses in his neighborhood have fallen victim to a cooling market. With no other options left, Jones has decided to pack it in and foreclose on the house.

"I'm just going to take the loss," he said. "That's all I can do."
...
Unfortunately, during a runaway market, many buyers, sellers and mortgage brokers were more excited about making deals than making smart deals, and the fallout has just begun.

56 Comments:

Anonymous Anonymous said...

It's payback time for the buyers who thought they can get something for nothing in life... ouch!

6/19/2006 12:43:00 PM  
Anonymous Anonymous said...

Richard, that Denver Post article is like a scary novel.

When I discuss suicide mortgages and bad financial decisions, it doesn't seem real yet until I read articles like this.

Who ends up paying for all of this?

Pat

6/19/2006 12:55:00 PM  
Blogger Metroplexual said...

And they are only talking about ARM's what about the IO resets.

6/19/2006 12:56:00 PM  
Anonymous Anonymous said...

this cant happen in new jersey.
different demographics.

Much more of an intelect here.

More stable.

6/19/2006 01:11:00 PM  
Blogger Metroplexual said...

richard,

"We could well see another spike in foreclosures," he said. "It's nowhere near over."

Nice mashup on the article page. Holy crap that is lot of houses foreclosed on.

6/19/2006 01:22:00 PM  
Anonymous Anonymous said...

Too a look at sheriff sales Lots from Mendham Chatham and Chester.

Who said the so called rich don't go bust.

A TSUNAMI OF FORECLOSURES
& BANKRUPTCIES GOING TO HIT VERY VERY SOON!
BOOOOOOYAAAAAAAAAAA

BOOOOOOYcott Houses!
Bob

6/19/2006 01:30:00 PM  
Anonymous Anonymous said...

Bob did not force or talk these idiots into buying at the peak and paying more than they can afford.

Blame the buyer and/or the RE industry for spinning the news.
DO NOT SIGN UP FOR MONTHLY SLAVERY.
McMANSIONS WILL BE GETTING HARDER TO SELL EVEN AT LOWERED PRICES!
BOOOOOOOYcott Houses!

NO MAAS TO RIPOFF OVERINFLATED HOUSE PRICES

Bob

6/19/2006 01:34:00 PM  
Anonymous Anonymous said...

There are people in over their heads in every town, from Irvington and Camden on up to Summit and Chatham. It's gonna be ugly when this all shakes out.

6/19/2006 01:59:00 PM  
Anonymous Anonymous said...

I thought buyers were not getting their financing lately because lenders have been trying to "behave a little" while HUD, et. al. are reviewing their lending practices?

Pat

6/19/2006 02:00:00 PM  
Blogger chicagofinance said...

Who ends up paying for all of this?
Pat


look in the mirror - if you follow the impact through the system it will get you either through the government or private enterprise

6/19/2006 02:00:00 PM  
Anonymous Anonymous said...

Westfield, Never.

6/19/2006 02:05:00 PM  
Anonymous Anonymous said...

Is it time to begin to scope property in bergen, or is it
to early.

I like River edge, Harrington Park,
Park Ridge..Prices seem so high.

I don't see them breaking down.

I looked in Northvale, but did not like the town..

6/19/2006 02:13:00 PM  
Blogger Paul said...

LOL, NJGAL.

6/19/2006 02:18:00 PM  
Anonymous Anonymous said...

Anon 3:19pm "Westfield, Never."

You must be a young pup or worse a naive old dog. ALL the "proper" towns get whacked when Wall Street gets whacked...mbs/home builder game is over...follow the money flows...westfield, ridgewood, summit, short hills, englewood, alpine ALL will get crushed...as the 30 something whiz kids find they are not wizards after all. All of those towns were in the dumps in 94'

6/19/2006 02:21:00 PM  
Anonymous Anonymous said...

I meant anon 3:05pm

6/19/2006 02:22:00 PM  
Anonymous Anonymous said...

I've noticed a lot more comments on Realtor.com to the effect "please, only show to pre-approved buyers".

Maybe the lenders are starting to tighten up, finally?

6/19/2006 02:29:00 PM  
Anonymous Anonymous said...

Maybe 3:05 was being sarcastic.

Pat

6/19/2006 02:31:00 PM  
Anonymous Anonymous said...

I wish agent "Your wife will ADORE you!" would show up.

I need to ask her for some advice.

Not really. I just feel like slamming every "professional" agent who put some poor schmuck into a house they couldn't afford over the last couple of years.

I know, I know, Chicago and Bob, the schmucks have only themselves to blame, right?

But I can't help feeling that somebody's not doing their job and I don't wanna pick up the tab.

Pat

6/19/2006 02:43:00 PM  
Anonymous Anonymous said...

Westfield,Ridgewood,Alpine,

Never, and I'm not stupid or
an old fart.

And I've got deep,deep, pockets
to buy in this market.

So,, how is Hillsdale?

I hear its great and on the train
route.

6/19/2006 03:18:00 PM  
Blogger Metroplexual said...

Skeptic,

I've been think it and saying it for months (years?). Only the new BK laws are going to make it ugly for people to walk away.

6/19/2006 03:18:00 PM  
Anonymous Anonymous said...

Skep-tic, some analysts still say that without the loose money policies after the tech stock crash we would be even worse off. They say the housing crash in a couple of metropolitan areas is a fair trade for economic recovery.

I'm wondering about the exact timing of the new bankruptcy laws.

Why last year, and when was the date decided on?

Pat

6/19/2006 03:22:00 PM  
Anonymous Anonymous said...

About 18 months ago I lost a condo to someone who was offering 10K more than the asking price and 15K more than I was offering. These people had nothing to put down in cash and in fact also had to include their closing costs in the mortgage. Needless to say, the seller came back to me a month later because they were having a "hard time" getting a mortgage. I on the other hand had about 30-40% cash to put down and pre-approval. At that point it was too late and the seller couldn't get out of the deal anyway. Weichert (the buyer's agent) helped them get a "creative" mortage through their financing division. The greedy seller made out OK....don't want to think about what's around the corner for this buyer.

Here's another: I know a couple who are purchasing a 430K condo in Hoboken and the builder is helping them get 100% financing. They were also told not to they "could work something out" regarding mortgage insurance.

Scary, really scary. I do know there are a lot of these stories out there.

6/19/2006 03:25:00 PM  
Anonymous Anonymous said...

DO NOT BID OR BUY A HOUSE NOW.

THE PRICING COOOOOLAPSE HAS STARTED!

DO NOT GET SUCKED IN TO BUY AN INFLATED MCMANSION THAT WILL BLEED YOU DRY JUST WITH THE UTILITY AND TAXES!
MORE TO LIFE THAN JUST WORKING AND PAYING BILLS

BOOOOOOOOOOYcott Houses!

Bob

6/19/2006 03:26:00 PM  
Anonymous Anonymous said...

Scary, really scary. I do know there are a lot of these stories out there.

6/19/2006 04:25:24 PM

These "Fool" buyers deserve the punishment they are about to be handed. Just to get in and in the process signing up for monthly MTG slavery.
WOW what a deal!!!!!!!!!

NOT!

No Bids No buying NO NOTT"""ING!

Bob

6/19/2006 03:29:00 PM  
Anonymous Anonymous said...

Question:

As many have discussed above, it’s increasingly common to hear stories about a potential buyer making an offer only to not qualify for the mortgage. At this stage of the qualification process, is it based purely on income and how much you can afford? Or, does the lender require an appraisal? In other words, how many of these deals are killed because the seller finds a “greater fool”, but the appraisal doesn’t come in high enough and the buyer can’t get the loan? Are appraisers being less generous in inflating prices than they were being 6 months ago?

6/19/2006 03:30:00 PM  
Anonymous Anonymous said...

Just to get in and in the process signing up for monthly MTG slavery.
WOW what a deal!!!!!!!!!

Bob

Forget about being a slave to a mortgage...what about when your house value falls below the mortgage value.

6/19/2006 03:32:00 PM  
Anonymous Anonymous said...

Being a Homeowner I WOULD NOT PAY THESE RIPOFF PRICES!

BABABABABABABABA

BOOOOOOOOOOYCOTT HOUSES!

Bob

6/19/2006 03:32:00 PM  
Anonymous Anonymous said...

News Flash:

Verizon sues Vonage.

Vonage down over $1 today.

Stock has lost half its value in
couple of weeks.

Housing might take a hit on this,
but most of the backoffice is in
India.

Oh Well,, Vonage a Holmdel Company.

Nice Area..

6/19/2006 03:35:00 PM  
Anonymous Anonymous said...

Many homeowners are relying on fools in bailing them out for retirement.

don't be their sugar daddy!

Use a little common sense and know ALL EXPENSES like utilties cost taxes insurance and remmeber these ONLY go up over time.


COOOOOOOOLAPSE!

Bob

BOOOOOYcott Houses!

6/19/2006 03:35:00 PM  
Anonymous Anonymous said...

i believe young people are getting raped here and they do not even realize it!!!!!!

Between houses prices , social security and medicare the young people going to have mounting future bills!

Better wakeup!!!!!!!
BABABABABBABA
BOOOOOOOycott and Save!

Bob

6/19/2006 03:38:00 PM  
Anonymous Anonymous said...

The truly frightening thing here is how many new and old homeowners have maxed themselves out thinking that there will always be equity (and at the end of the day, a fat profit for them to take into retirement when they sell and move to a smaller place, or move south).

We are looking at a new disinfranchised class here - and I for one am a bit frightened of how things might look in the future -- one thing we've also seen before, besides recessions and housing drops, is neighborhood blight - don't think it can't happen here..

6/19/2006 04:18:00 PM  
Anonymous Anonymous said...

Anon 4:18pm...then you are a "recreational" drug user.
Go buy some houses.

6/19/2006 04:40:00 PM  
Anonymous Anonymous said...

One thing I just don't understand is why anyone, including Booya Bob would care that someone else is overpaying for a house?
I see the coming debacle as my opportunity. They are setting the table, for my meals.

6/19/2006 04:44:00 PM  
Blogger chicagofinance said...

opportunity is one thing

recession bordering depression causes social ills

crime up, lots of suffering

6/19/2006 05:11:00 PM  
Anonymous Anonymous said...

So far only ARMs and IOs have been mentioned. I wish that were the only problem - how about the mass of negams being issued now?

6/19/2006 05:53:00 PM  
Anonymous Anonymous said...

InvestorDavid @ 5:33

i think the report considers Interest only loans as a subset of ARM loans.

6/19/2006 06:42:00 PM  
Anonymous Anonymous said...

Anon 4:30-

Yes. sellers are having a harder time now getting their price because it does not appraise out correctly.

I had a very interesting conversation with a local banker about this just a couple weeks back.

They are now having to check and re-check the most recent comps (like one week) to make sure everything is worth it.

If it's happening out here, it's probably happening in NJ, and maybe EVERYWHERE.

If

6/19/2006 06:44:00 PM  
Anonymous Anonymous said...

Maybe these buyers should have put more money aside each month instead of blowing it on such stupid crap like -- Diesel & Seven Jeans, $40,000 SUVS, Dinner out every night, and 'Starbucks & Whole Food's.

People think that on a $80,000 or $100,000 a year salary they can live a 'Sex in the City' or MTV lifestyle.

But the amazing & scary thing is that people continue to shop only now its back to credit cards.

6/19/2006 08:26:00 PM  
Anonymous Anonymous said...

{{{For example, Britten's monthly payment jumped from $1,079 to $1,340 at the beginning of this year. It rose again on June 1 by another $104 and is scheduled to increase again in December. Britten, who is also paying off student loans, went to a credit counseling service to help her avoid foreclosure.}}}

Never ever hear about people getting second jobs, or trying to get a higher paying job in their field to make the extra payment.

Never ever do I hear about people cutting back. They still can spend $2,000 a month on clothes from Bloomingdales & Nordstroms and visit Starbucks several times a day.

No, credit counseling, more credit, 'repackaged credit' is the LAST THING they need. They need to take responsibility and either start earning more to make their payments or sell their home if they can't afford it.

6/19/2006 08:30:00 PM  
Blogger chicagofinance said...

Anonymous said...
Maybe these buyers should have put more money aside each month instead of blowing it on such stupid crap like -- Diesel & Seven Jeans, $40,000 SUVS, Dinner out every night, and 'Starbucks & Whole Food's.

People think that on a $80,000 or $100,000 a year salary they can live a 'Sex in the City' or MTV lifestyle.

But the amazing & scary thing is that people continue to shop only now its back to credit cards.

6/19/2006 09:26:41 PM

To quote Carol Ann - they're here :(.

Enough!

6/19/2006 09:13:00 PM  
Anonymous Anonymous said...

More sad stories:
http://tinyurl.com/hht3v
http://tinyurl.com/gopq6
http://tinyurl.com/mf2ce
http://tinyurl.com/qq7gm

6/19/2006 09:17:00 PM  
Anonymous Anonymous said...

Oh, hang on! Wait a sec ...

O.K. I went and put my $300 jeans on.

Don't be jealous, now, Chicago.

6/19/2006 09:25:00 PM  
Anonymous Anonymous said...

TICK TOCK TICK TOCK

the coooollapse has started!

Babababababa

BOOOOOOOOOOOYcott Ripoff Home Prices!

Bob

6/20/2006 06:40:00 AM  
Anonymous Anonymous said...

I like Harrington Park, Old Tappan, Rivervale or Montvale not sure about Hilldale..

6/20/2006 10:36:00 AM  
Anonymous Anonymous said...

what about these Bergen county
hoties:

Wallington,N.Arlington

6/20/2006 11:13:00 AM  
Anonymous Anonymous said...

Not to mention Lodi and Garfield...

6/20/2006 12:09:00 PM  
Blogger chicagofinance said...

Dedicated to $300 jeans:

Perpetrator Problem:
It's Hard to Run Away
In Falling Trousers

Cops Say Loose, Baggy Jeans
Trip Up Many a Thief;
'Hey, Dude, Buy a Belt'
By SERENA NG
June 20, 2006; Page A1

One sunny afternoon in January, Vicki Chandler, a 55-year-old underwriting associate at Cigna HealthCare in Chattanooga, Tenn., was walking to her car when a teenager in loose khaki pants approached her, pointed to her pocketbook and said, "I need that." As she recounts the incident, he snatched the purse and took off.

But then he ran into trouble. As he ran, his loose trousers slipped down below his hips. As he reached down to hold them up, the teen was forced to throw the purse aside.

"That boy, he could run fast but he got caught up by his pants, which were real big and baggy," says Ms. Chandler, whose purse was retrieved by a parking attendant who had heard her cries for help.

It's a problem for perpetrators. Young men and teens wearing low-slung, baggy pants fairly regularly get tripped up in their getaways, a development that has given amused police officers and law-abiding citizens a welcome edge in the fight against crime.

James Green might have made a clean getaway when he stole seven DVDs from a Blockbuster store in Ferndale, Mich., last October. But he, too, was undone by his baggy pants.

Mr. Green, 30, rode away on a bicycle, with copies of "Donnie Brasco," "The Bourne Identity" and "Sin City." When a patrol car knocked over the bike, he fled on foot. As he ran, his trousers slipped down past his hips, and he tripped. He hitched up his pants and ran a few more yards before falling again.

Things got worse and worse for Mr. Green. He finally kicked off his pants and shoes and "ran into the yard of 1720 Beaufield," police officer Kenneth Jaklic said in a report of the incident. "I ran after [Mr. Green], yelling at him to stop." Instead, Mr. Green jumped over a fence behind a garage, and Mr. Jaklic immobilized him with two Taser darts in the back.

Mr. Green pleaded guilty to charges of resisting arrest and retail fraud and spent 30 days in jail. He could not be located for comment.

Denny Fuhrman, a 58-year-old police officer in Lynnwood, Wash., was escorting a handcuffed suspect to his patrol car one afternoon in 2004 when the youngster twisted free and took off running.

As he bolted, the baggy blue jeans he was wearing fell down around his ankles, sending him tumbling onto the pavement of a busy street. "He was rolling around in traffic, looking like a fish out of water," recalls Mr. Fuhrman.

Mr. Fuhrman's suspect wiggled out of his trousers before getting up from the street and running toward a nearby mall, as the police officer radioed a description to his colleagues: "White male, running, no pants, in handcuffs," Mr. Fuhrman recalls saying. The young man was arrested at the entrance of a J.C. Penney store after Janice Lewis, a 61-year-old passerby, grabbed his shirt collar and held on to him until police arrived.

"He was pretty wild," says Ms. Lewis, a grandmother of 10 who broke a knuckle during the scuffle. "I didn't even realize he was in his underwear till the police flipped him over."

Police declined to release the full name of the youth, identified only as Jason in written reports, because he was not convicted of a crime in connection with the incident. He had been arrested after allegedly trying to access a bank account that wasn't his.

Low-hanging baggy pants have been a fashion statement for young men for more than a decade, inspired by the advent of beltless prison jeans, says Andy Gilchrist, a California fashion consultant who has written a book on men's clothes. Over time, the tough-guy image associated with oversized trousers helped make the look standard for hip-hop performers, alternative music bands, skateboarders and snowboarders as it migrated from mostly black city streets to affluent white suburbs.

Just about every other week, Jim Matheny, a 41-year-old police lieutenant in Stamford, Conn., says he gets into foot chases with youths. He says it's getting easier to capture them because they can't run fast or far in those loose jeans.

"When I catch them, I tell them they'd do much better if they had pants that fit," says Lt. Matheny, who says he has had to help hold up the pants of his suspects while patting them down to search for drugs or weapons. "It's like: 'Hey dude, buy a belt and save yourself some trouble.' "

Ill-fitting pants aren't suited for jumping, either, as Noah Donell Brown of Hendersonville, N.C., learned. The 24-year-old tried to leap over the counter of a Subway sandwich shop during a robbery attempt, but he stumbled and came crashing down in front of several startled store employees. Mr. Brown, armed with a gun, got up and fled into a nearby residential neighborhood as the police were notified.

Police didn't have to work hard to arrest him. As Mr. Brown tried to scale a picket fence in someone's backyard, he caught his pants, according to the police department. He was found dangling upside down, his pants at his ankles and tangled in the fence.

"He didn't make a good jump," said Hendersonville Police Chief Donnie Parks, who spotted Mr. Brown on the fence. "The only reason we caught the guy was because his pants fell down," he said, adding: "He was wearing underwear, thank goodness."

Hendersonville police used a knife to cut Mr. Brown free. He is currently serving time in prison after pleading guilty to attempted robbery with a dangerous weapon. His lawyer, Greg Newman, who has since become the mayor of Hendersonville, said he had not spoken to Mr. Brown since 2003. Mr. Brown, serving his sentence at Gaston Correctional Center in Dallas, N.C., could not be contacted for comment.

Dwight Oliver showed up for a court hearing in Seminole County, Fla., wearing loose pants and tennis shoes without laces. While waiting for his case to be called, Mr. Oliver tried to flee. He lost his pants as he ran down the steps of the courthouse.

He was later found in gray boxer shorts in a library three blocks from the courthouse and was arrested after a scuffle with police officers. It turned out the charges he was scheduled to face in court that day were dropped. He was slapped with new charges of resisting arrest and sentenced to two and a half years in jail for the incident. He served 17 months and was released in April.

"Those pants certainly didn't help him escape, and if he had just sat and waited, he would have been fine," said F. Wesley "Buck" Blankner Jr., who was Mr. Oliver's lawyer. Mr. Oliver didn't return calls seeking comment. His mother, Alice Oliver, said: "He wears pants like that, but he usually wears a belt."

Karl Franklin tried to run from police in Tallahassee, Fla., in pants that were on fire. According to a police report, the 30-year-old had stashed a lighted cigarette in his baggy pants and appeared to be preparing to urinate at a traffic intersection.

Seth Stoughton, a police officer at the time, approached Mr. Franklin and noticed the man's pocket was smoldering. Mr. Franklin, who could not be reached, started to run, but his pants dropped and tripped him up.

"I tried to slap the fire out, but he was struggling and kicking me, so I couldn't do much but hold him down," recalls Mr. Stoughton, who now works as a fraud investigator. When other officers arrived, they cut off the burning patch of cloth and arrested Mr. Franklin. He was charged with resisting arrest, but he later pleaded guilty to lesser charges and spent 10 days in jail.

6/20/2006 03:00:00 PM  
Anonymous Anonymous said...

Hah!

That's great.

Really lifted my spirits.

Pat

6/20/2006 03:11:00 PM  
Blogger Paul said...

Hey Chicago, easy there...

Some of us make a living selling $300 pairs of jeans to those that want them!

6/20/2006 03:12:00 PM  
Blogger chicagofinance said...

Olive:

Little story from about 15 years ago. I was traveling in Greece [Santorini to be exact], and I went into a restaurant to order food. The waiter starts speaking to me in Greek, and I shake my head and said in English, "I don't speak Greek".

"You, you no speak Greek, but you are Greek?"

"No, I am not Greek"

"You no Greek, you look Greek."

"I am from the United States."

"Oh, I understand. What part of Astoria do you live in?"

6/20/2006 04:43:00 PM  
Blogger Paul said...

Funny story, Chicago.

I've lived here since '99. It is such a fantastic neighborhood. Safe, great restaurants, and reasonable rent. We are able to save $$$ towards our down payment while watching the bubble burst.

The wife and I are leaving for Jersey (Maplewood, most likely) at some point. I will miss this place though. It has been a fantastic place to live.

6/20/2006 09:23:00 PM  
Anonymous Anonymous said...

This is an excellent blog. Keep it going.You are providing
a great resource on the Internet here!
If you have a moment, please take a look at my auto insurance quote online information site.
Have a great week!

7/04/2006 05:32:00 AM  
Anonymous Anonymous said...

Hi Blogger, I found your blog quite informative.
I just came across your blog and wanted to
drop you a note telling you how impressed I was with it.
I give you my best wishes for your future endeavors.
If you have a moment, please visit my arizona bad credit mortgage site.
Have a great week!

7/06/2006 10:34:00 PM  
Anonymous Anonymous said...

I was searching blogs,and I found yours.Please,
accept my congratulations for your excellent work!
If you have a moment, please visit my appraisalinterest rate site.
Have a good day!

7/07/2006 04:42:00 AM  
Anonymous Anonymous said...

Your blog I found to be very interesting!
I just came across your blog and wanted to
drop you a note telling you how impressed I was with
the information you have posted here.
I have a auto insurance ratings
site.
Come and check it out if you get time :-)
Best regards!

7/08/2006 02:06:00 PM  
Anonymous Anonymous said...

Hi
I came across your site a few days ago and seems to be very helpful. I have been using the various sites to assess the price that a home/apt was bought but two other things that interested me and would appreciate if you could share some light on them

1. Why do you think now is the worst time to buy a home? what are some of the down side. I was thinking that since the market is on the way down (and ofcourse no one can judge where and when the lowest point is), it would be a good way to "command" the price or as you say lowball.?

2. You also mentioned somewhere that twice the inflation rate (max) should be price that one should pay for a house that was bought x years ago and not anything more. Well i am looking in Hoboken and there if i were to go by that there is no place to find one. My calculation has been.
A. Find out the Price that the apt was bought for in whatever year
B. Add the tax every year + whatever maintenance he has paid+ his 10% down (at say 5% growth every year). Add all this to inflation rate twice of the list price of the house - and that should give the price of the apt.
It could potentially be a bit up or down depending on how hot the market (in terms of location - proximity to NYC etc).

thoughts?

7/18/2006 02:00:00 PM  

Post a Comment

<< Home