Price drops while contingent…why?

[sdrealtor]

I think you are overstating the problem pretty dramatically once again. I have been involved in several dozen short sales and can conclusively say not a hint of imporpriety existed on any of them. Are there some shady goings on out there? Absolutely. And if you sit around all day looking for them you’ll find them as you likely have. But I can also say conclusively that there were shady goings on every step of the way up and down. There will always be in a capitalistic society such as the one we live in. Particulalrly in residential real estate which has always been a breeding ground for get rich quick/shady dealings. I cant say there is anymore of this going on now than any time I have seen in the past 10 years. I hear the grumblings of frustration more than an actual epidemic of fraud going on out there.

[CA renter]

If I were overstating the problems, we wouldn’t have the “credit crisis” we’re being threatened with now.

Nobody’s saying fraud wasn’t rampant on the way up. Lord knows there was probably more fraud than not during the bubble. The problem is that the fraud is continuing very much today. If we don’t stop the fraud, we will never have a fundamentally sound market. If we don’t have a fundamentally sound market, we will always risk having a “crisis” of one form or another. Personally, I’m getting sick and tired of watching fools and fraudsters benefit at the expense of the responsible people.

We would be much nearer the true “bottom” if they had arrested/fined those guilty of fraud, instead of finding ever-more creative ways of rewarding the thieving, conniving scum (borrowers, lenders/originators, and the regulators who LET it happen). Frustrated? You bet!!!

[CA renter]

If I were overstating the problems, we wouldn’t have the “credit crisis” we’re being threatened with now.

Nobody’s saying fraud wasn’t rampant on the way up. Lord knows there was probably more fraud than not during the bubble. The problem is that the fraud is continuing very much today. If we don’t stop the fraud, we will never have a fundamentally sound market. If we don’t have a fundamentally sound market, we will always risk having a “crisis” of one form or another. Personally, I’m getting sick and tired of watching fools and fraudsters benefit at the expense of the responsible people.

We would be much nearer the true “bottom” if they had arrested/fined those guilty of fraud, instead of finding ever-more creative ways of rewarding the thieving, conniving scum (borrowers, lenders/originators, and the regulators who LET it happen). Frustrated? You bet!!!

[CA renter]

If I were overstating the problems, we wouldn’t have the “credit crisis” we’re being threatened with now.

Nobody’s saying fraud wasn’t rampant on the way up. Lord knows there was probably more fraud than not during the bubble. The problem is that the fraud is continuing very much today. If we don’t stop the fraud, we will never have a fundamentally sound market. If we don’t have a fundamentally sound market, we will always risk having a “crisis” of one form or another. Personally, I’m getting sick and tired of watching fools and fraudsters benefit at the expense of the responsible people.

We would be much nearer the true “bottom” if they had arrested/fined those guilty of fraud, instead of finding ever-more creative ways of rewarding the thieving, conniving scum (borrowers, lenders/originators, and the regulators who LET it happen). Frustrated? You bet!!!

[CA renter]

If I were overstating the problems, we wouldn’t have the “credit crisis” we’re being threatened with now.

Nobody’s saying fraud wasn’t rampant on the way up. Lord knows there was probably more fraud than not during the bubble. The problem is that the fraud is continuing very much today. If we don’t stop the fraud, we will never have a fundamentally sound market. If we don’t have a fundamentally sound market, we will always risk having a “crisis” of one form or another. Personally, I’m getting sick and tired of watching fools and fraudsters benefit at the expense of the responsible people.

We would be much nearer the true “bottom” if they had arrested/fined those guilty of fraud, instead of finding ever-more creative ways of rewarding the thieving, conniving scum (borrowers, lenders/originators, and the regulators who LET it happen). Frustrated? You bet!!!

[CA renter]

If I were overstating the problems, we wouldn’t have the “credit crisis” we’re being threatened with now.

Nobody’s saying fraud wasn’t rampant on the way up. Lord knows there was probably more fraud than not during the bubble. The problem is that the fraud is continuing very much today. If we don’t stop the fraud, we will never have a fundamentally sound market. If we don’t have a fundamentally sound market, we will always risk having a “crisis” of one form or another. Personally, I’m getting sick and tired of watching fools and fraudsters benefit at the expense of the responsible people.

We would be much nearer the true “bottom” if they had arrested/fined those guilty of fraud, instead of finding ever-more creative ways of rewarding the thieving, conniving scum (borrowers, lenders/originators, and the regulators who LET it happen). Frustrated? You bet!!!

[scaredyclassic]

i dont like to play games with a lot of cheating.

[scaredyclassic]

i dont like to play games with a lot of cheating.

[scaredyclassic]

i dont like to play games with a lot of cheating.

[scaredyclassic]

i dont like to play games with a lot of cheating.

[scaredyclassic]

i dont like to play games with a lot of cheating.

[sdrealtor]

What you are overstating is the prevalence of fruad not that it exists or that it is a problem. While both are true I dont see rampant fraud in fact I see less today than I have in many years.

We will never stop fraud. It is pervasive in our society. You will always see some fools and frauds benefit while at the same time as many or more lose everything. From what I see most of those guilty of fraud have fallen into the second category or soon will.

With that said, I hear claims of rampany ongoing fraud but not a single concrete example. You mentioned knowing of people buying back their homes fraudulently in short sales. Can we see one real example? I’ve not seen one yet.

[sdrealtor]

What you are overstating is the prevalence of fruad not that it exists or that it is a problem. While both are true I dont see rampant fraud in fact I see less today than I have in many years.

We will never stop fraud. It is pervasive in our society. You will always see some fools and frauds benefit while at the same time as many or more lose everything. From what I see most of those guilty of fraud have fallen into the second category or soon will.

With that said, I hear claims of rampany ongoing fraud but not a single concrete example. You mentioned knowing of people buying back their homes fraudulently in short sales. Can we see one real example? I’ve not seen one yet.

[sdrealtor]

What you are overstating is the prevalence of fruad not that it exists or that it is a problem. While both are true I dont see rampant fraud in fact I see less today than I have in many years.

We will never stop fraud. It is pervasive in our society. You will always see some fools and frauds benefit while at the same time as many or more lose everything. From what I see most of those guilty of fraud have fallen into the second category or soon will.

With that said, I hear claims of rampany ongoing fraud but not a single concrete example. You mentioned knowing of people buying back their homes fraudulently in short sales. Can we see one real example? I’ve not seen one yet.

[sdrealtor]

What you are overstating is the prevalence of fruad not that it exists or that it is a problem. While both are true I dont see rampant fraud in fact I see less today than I have in many years.

We will never stop fraud. It is pervasive in our society. You will always see some fools and frauds benefit while at the same time as many or more lose everything. From what I see most of those guilty of fraud have fallen into the second category or soon will.

With that said, I hear claims of rampany ongoing fraud but not a single concrete example. You mentioned knowing of people buying back their homes fraudulently in short sales. Can we see one real example? I’ve not seen one yet.

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