"Congrats to you Eric...........it seems like the lenders still have not learned from the past and the rest of us will pay for it somehow."
Richard's Discussions
A 60 Minutes Assessment of the Home Stockpile Crisis and the Market
Started this discussion. Last reply by Jeff Payne Dec 21, 2011. 5 Replies 0 Likes
I don't know if anyone else caught this segment of 60 Minutes on Sunday. I thought it was an interesting snapshot of a crisis. All viewpoints and comments welcomed. …Continue
Just in time for their Christmas presents, the Freddie Mac and Fannie Mae's big bonus plans
Started this discussion. Last reply by Richard Nov 17, 2011. 2 Replies 0 Likes
Here we go again with the big pay outs! Your thoughts?? …Continue
I think most will like this judge – he stands up for the homeowner against the bank that received bail out money
Started this discussion. Last reply by Becky Martin Nov 17, 2011. 3 Replies 0 Likes
Here's interesting reading material. Finally, a size 14 boot to the rear end of a bank. I know there are more case wins out there but, not publicized that often. …Continue
Holiday season is here, what's your observation in the listing market? More or less?
Started this discussion. Last reply by Richard Oct 31, 2011. 6 Replies 0 Likes
Okay, this is slightly a different question aside from what we would normally see here. And, also realizing the economy has an adverse affect on the market. My questions are, in your recent…Continue
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Richard replied to Jeff Payne's discussion Just an observation from what actual short sale sellers and buyers are asking on Short Sale Superstars"I went to a friend of my family, who is a mortgage loan officer. I sat down with her and had an in-depth conversation. I asked her to provide me with 3 names of agents who:
was licensed and she thought very highly of…"
Richard replied to Jeff Payne's discussion Why do we interview agents and/or the sellers negotiator before showing a property?"Hi Jeff,
As you know I’m a buyer. I now have a good agent that consider to be professional and on top of his game. However, recently we had 2 listing agents that told him they didn't even want to bother with the interview…"
Richard replied to James's discussion Sellers negotiator fee"Tom,
I agree. I've consistently have my agent write the fact that I will not pay for negotiation fees in my short sale offers. I don't want to waste the agents, seller's and just as important, my time. And as…"
Richard replied to James's discussion Sellers negotiator fee"I agree with you 150%. It's the business principle behind it and it's also fair."
Jeff Payne replied to Richard's discussion A 60 Minutes Assessment of the Home Stockpile Crisis and the Market"our area has more vagrant problems than ahything"
Richard replied to Richard's discussion A 60 Minutes Assessment of the Home Stockpile Crisis and the Market"Whatever rodents are in those homes, I'm sure they're still growing. This seem to parallel the population shifts to the sunbelts in recent years."
Jeff Payne replied to Richard's discussion A 60 Minutes Assessment of the Home Stockpile Crisis and the Market"I too am grateful that we are not in a market like that. Detroit is doing the same thing. I can see how it would be less of a liability by tearing it down and donating the land. Can't imagine what types of rodents and vagrants…"
Richard replied to Richard's discussion A 60 Minutes Assessment of the Home Stockpile Crisis and the Market"Yeah, you're correct. I give the man lots of credit for trying to do something about it and also for thinking outside the box, but that's a deep cost. I also wonder how the remaining adjacent property owner's county taxes…"
Smitty replied to Richard's discussion A 60 Minutes Assessment of the Home Stockpile Crisis and the Market"I saw it. I think the town manager was dead on with this feelings regarding this mess. The town must be going broke demo-ing those homes. When I see that, I'm grateful for the market that I'm in because we are not faced…"
Richard posted a discussionA 60 Minutes Assessment of the Home Stockpile Crisis and the Market
I don't know if anyone else caught this segment of 60 Minutes on Sunday. I thought it was an interesting snapshot of a crisis. All viewpoints and comments welcomed. http://www.cbsnews.com/video/watch/?id=7392090n See More
Richard replied to Juanita Midgette's discussion Mortgage Insurance Contribution"Hello Anna,
I'm sure you're a great person. Please don't take the comments below personal, they are not an attack on you nor, never was meant to be:
1st of all, I have to ask, why the hostility? In…"
Richard replied to Juanita Midgette's discussion Mortgage Insurance Contribution"Hi Anna,
Regarding, "in short sale situations I rarely see listings being overpriced", my agent and I have seen this happen pretty often here. I guess it all depend on owner, debt, LA and geographic locations and time as…"
Richard replied to Jeff Payne's discussion Electronic Signatures and Bank of America"Ahhh.....technology. Such a good thing when used responsibly."
Richard replied to Smitty's discussion This confirms it. Servicers can do whatever the &*&% they want!!!"Hi Jeff,
By leveling the playing field, I'm talking about all investors being able to take advantage of this. Just as Harry is mentions below. It's no doubt that big goverment has made some big mistakes. What I mean…"
Richard replied to Smitty's discussion This confirms it. Servicers can do whatever the &*&% they want!!!"Jeff,
I like it, in fact that is bound to happen. I would love to see them fail and be taught a lesson, problem is, when they fail, they hurt a lot of innocent people. Those innocent can't rebound as easy as the big guys who have…"
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Stanford University, SCPM, Advanced Project Management
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