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Viewing 15 posts - 31 through 45 (of 61 total)
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  • August 9, 2007 at 2:40 PM #72507
    SD Realtor
    Participant

    Actually they asked my impressions of the deal and I told them I had no strong feelings either way. They thought the visibility may help the lender accept the short sale as many lenders have been cranky accepting offers for short sales. They said they would talk about it for an hour and called me back. I told them that they needed to consider that it will be likely that they would be seen by friends, family, coworkers…. etc… They then said they needed to reconsider, called me back and said that was something they would rather not move forward with.

    The bottom line is they made a bad financial decision when they bought, then refinanced to pay of credit cards, then overpriced the home when they listed last year and this year with their previous realtor and the home didn’t sell. Hubby lost his job as well a few months ago and hasn’t found solid employment yet.

    They are nice enough people, and they made bonehead moves and will likely loose their home because of it. Nothing more, nothing less. If you like you can call them names and bury them. They acknowledge it are taking their medicine.

    SD Realtor

    August 9, 2007 at 2:54 PM #72404
    bsrsharma
    Participant

    “they made a bad financial decision”

    My only criticism is they may be making a bad financial decision now by letting go of a potentially good, relatively risk free opportunity. Even a ten minute face time on prime time national TV (a million $ value?)can be converted into many times their house’s value ($500K?), if played properly. I don’t know what their problem is. After all, it is not like some “adult show” or anything.

    August 9, 2007 at 2:54 PM #72522
    bsrsharma
    Participant

    “they made a bad financial decision”

    My only criticism is they may be making a bad financial decision now by letting go of a potentially good, relatively risk free opportunity. Even a ten minute face time on prime time national TV (a million $ value?)can be converted into many times their house’s value ($500K?), if played properly. I don’t know what their problem is. After all, it is not like some “adult show” or anything.

    August 9, 2007 at 2:54 PM #72530
    bsrsharma
    Participant

    “they made a bad financial decision”

    My only criticism is they may be making a bad financial decision now by letting go of a potentially good, relatively risk free opportunity. Even a ten minute face time on prime time national TV (a million $ value?)can be converted into many times their house’s value ($500K?), if played properly. I don’t know what their problem is. After all, it is not like some “adult show” or anything.

    August 9, 2007 at 3:12 PM #72437
    guitar187
    Participant

    Just make sure to provide an 800 donation number at the end. I really want to help them out. 😉

    August 9, 2007 at 3:12 PM #72553
    guitar187
    Participant

    Just make sure to provide an 800 donation number at the end. I really want to help them out. 😉

    August 9, 2007 at 3:12 PM #72563
    guitar187
    Participant

    Just make sure to provide an 800 donation number at the end. I really want to help them out. 😉

    August 9, 2007 at 3:29 PM #72451
    SD Realtor
    Participant

    bsrsharma you may be right but I cannot advise them on this. It is way out of my profession so I simply presented the offer to them. I think it would be irresponsible to promote things which I do not know about.

    What if they went on and then the next day everyone at work looks at them and asks them what they are gonna do about losing their home? Or the kids get ridiculed at school? Again I am not saying stuff like this will happen but I absolutely would not feel comfortable promoting or not promoting this sort of stuff to them.

    I don’t know the potential benefits nor the potential downside and anything I say would be speculative.

    It would be irresponsible.

    SD Realtor

    August 9, 2007 at 3:29 PM #72568
    SD Realtor
    Participant

    bsrsharma you may be right but I cannot advise them on this. It is way out of my profession so I simply presented the offer to them. I think it would be irresponsible to promote things which I do not know about.

    What if they went on and then the next day everyone at work looks at them and asks them what they are gonna do about losing their home? Or the kids get ridiculed at school? Again I am not saying stuff like this will happen but I absolutely would not feel comfortable promoting or not promoting this sort of stuff to them.

    I don’t know the potential benefits nor the potential downside and anything I say would be speculative.

    It would be irresponsible.

    SD Realtor

    August 9, 2007 at 3:29 PM #72578
    SD Realtor
    Participant

    bsrsharma you may be right but I cannot advise them on this. It is way out of my profession so I simply presented the offer to them. I think it would be irresponsible to promote things which I do not know about.

    What if they went on and then the next day everyone at work looks at them and asks them what they are gonna do about losing their home? Or the kids get ridiculed at school? Again I am not saying stuff like this will happen but I absolutely would not feel comfortable promoting or not promoting this sort of stuff to them.

    I don’t know the potential benefits nor the potential downside and anything I say would be speculative.

    It would be irresponsible.

    SD Realtor

    August 9, 2007 at 3:34 PM #72463
    GoUSC
    Participant

    Although they are in a tough position of their own doing (largely) I can’t help but feel some sympathy. I can only imagine how tough this can be on a family unit…

    Take heed from this everyone and learn that conservative financial responsibility is ALWAYS a better plan when it comes to you and your family.

    August 9, 2007 at 3:34 PM #72582
    GoUSC
    Participant

    Although they are in a tough position of their own doing (largely) I can’t help but feel some sympathy. I can only imagine how tough this can be on a family unit…

    Take heed from this everyone and learn that conservative financial responsibility is ALWAYS a better plan when it comes to you and your family.

    August 9, 2007 at 3:34 PM #72591
    GoUSC
    Participant

    Although they are in a tough position of their own doing (largely) I can’t help but feel some sympathy. I can only imagine how tough this can be on a family unit…

    Take heed from this everyone and learn that conservative financial responsibility is ALWAYS a better plan when it comes to you and your family.

    August 9, 2007 at 4:31 PM #72496
    bsrsharma
    Participant

    “What if they went on and then the next day everyone ..”

    I would at least like to think people will show some sympathy and try to help whatever way they can. Misfortunes can happen to anyone, I don’t think anyone with a fibre of humanity will ridicule them, at least in their face. But I agree it is not your domain to advice them on that.

    August 9, 2007 at 4:31 PM #72613
    bsrsharma
    Participant

    “What if they went on and then the next day everyone ..”

    I would at least like to think people will show some sympathy and try to help whatever way they can. Misfortunes can happen to anyone, I don’t think anyone with a fibre of humanity will ridicule them, at least in their face. But I agree it is not your domain to advice them on that.

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