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- This topic has 260 replies, 23 voices, and was last updated 16 years, 5 months ago by HLS.
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May 15, 2008 at 12:04 AM #204543May 15, 2008 at 12:37 AM #204452CA renterParticipant
HLS,
You’re obviously top-notch, and it’s a pleasure to have people with ethics representing the MB’s perspective. Thank you!
Regarding being offended…some people (most of us!) get offended if someone else suggests that they might be paid too much. Many MBs seem to think they ought to be paid more than attorneys and CPAs, and I challenged that thinking a bit in my post.
As you know, MBs were making TONS of money by ripping-off naive borrowers — much more money than most CPAs and attorneys make. Some MBs would try to justify that, and that’s what I was getting at.
Thanks for your input! Take care! π
May 15, 2008 at 12:37 AM #204500CA renterParticipantHLS,
You’re obviously top-notch, and it’s a pleasure to have people with ethics representing the MB’s perspective. Thank you!
Regarding being offended…some people (most of us!) get offended if someone else suggests that they might be paid too much. Many MBs seem to think they ought to be paid more than attorneys and CPAs, and I challenged that thinking a bit in my post.
As you know, MBs were making TONS of money by ripping-off naive borrowers — much more money than most CPAs and attorneys make. Some MBs would try to justify that, and that’s what I was getting at.
Thanks for your input! Take care! π
May 15, 2008 at 12:37 AM #204529CA renterParticipantHLS,
You’re obviously top-notch, and it’s a pleasure to have people with ethics representing the MB’s perspective. Thank you!
Regarding being offended…some people (most of us!) get offended if someone else suggests that they might be paid too much. Many MBs seem to think they ought to be paid more than attorneys and CPAs, and I challenged that thinking a bit in my post.
As you know, MBs were making TONS of money by ripping-off naive borrowers — much more money than most CPAs and attorneys make. Some MBs would try to justify that, and that’s what I was getting at.
Thanks for your input! Take care! π
May 15, 2008 at 12:37 AM #204552CA renterParticipantHLS,
You’re obviously top-notch, and it’s a pleasure to have people with ethics representing the MB’s perspective. Thank you!
Regarding being offended…some people (most of us!) get offended if someone else suggests that they might be paid too much. Many MBs seem to think they ought to be paid more than attorneys and CPAs, and I challenged that thinking a bit in my post.
As you know, MBs were making TONS of money by ripping-off naive borrowers — much more money than most CPAs and attorneys make. Some MBs would try to justify that, and that’s what I was getting at.
Thanks for your input! Take care! π
May 15, 2008 at 12:37 AM #204585CA renterParticipantHLS,
You’re obviously top-notch, and it’s a pleasure to have people with ethics representing the MB’s perspective. Thank you!
Regarding being offended…some people (most of us!) get offended if someone else suggests that they might be paid too much. Many MBs seem to think they ought to be paid more than attorneys and CPAs, and I challenged that thinking a bit in my post.
As you know, MBs were making TONS of money by ripping-off naive borrowers — much more money than most CPAs and attorneys make. Some MBs would try to justify that, and that’s what I was getting at.
Thanks for your input! Take care! π
June 12, 2008 at 8:03 PM #222181jmrrobbie1ParticipantJMR
Could not help but comment … I know this is an old threat with numerous points that have been put forth with strong conviction but a little knowledge can go a long way. ANYONE going thru the loan/mortgage process should review a few basics and also update the current trends – especailly with brokers… the gold standard web page to arm yourself with an excellent & indepth overview of the loan/mortgage business is Jack M. Guttentag’s site at http://www.mtgprofessor.com from the Wharton School of Business.
I have no connection with him or his site other than as a perspective buyer myself seeking as much info before hand and stumbled on to his site – highly recommend for anyone in the process of buying. Additionally, some of the best free-use mortgage & home finance calculators you can find anywhere are all on this site for no charge. There is a lot of info here with numerous submenus that will take a few evenings to filter thru – but once completed you will be much better prepared to face the challenge of a mortgage loan and home purchase.
Hope your situation is resolved with positive outcomes…
June 12, 2008 at 8:03 PM #222284jmrrobbie1ParticipantJMR
Could not help but comment … I know this is an old threat with numerous points that have been put forth with strong conviction but a little knowledge can go a long way. ANYONE going thru the loan/mortgage process should review a few basics and also update the current trends – especailly with brokers… the gold standard web page to arm yourself with an excellent & indepth overview of the loan/mortgage business is Jack M. Guttentag’s site at http://www.mtgprofessor.com from the Wharton School of Business.
I have no connection with him or his site other than as a perspective buyer myself seeking as much info before hand and stumbled on to his site – highly recommend for anyone in the process of buying. Additionally, some of the best free-use mortgage & home finance calculators you can find anywhere are all on this site for no charge. There is a lot of info here with numerous submenus that will take a few evenings to filter thru – but once completed you will be much better prepared to face the challenge of a mortgage loan and home purchase.
Hope your situation is resolved with positive outcomes…
June 12, 2008 at 8:03 PM #222298jmrrobbie1ParticipantJMR
Could not help but comment … I know this is an old threat with numerous points that have been put forth with strong conviction but a little knowledge can go a long way. ANYONE going thru the loan/mortgage process should review a few basics and also update the current trends – especailly with brokers… the gold standard web page to arm yourself with an excellent & indepth overview of the loan/mortgage business is Jack M. Guttentag’s site at http://www.mtgprofessor.com from the Wharton School of Business.
I have no connection with him or his site other than as a perspective buyer myself seeking as much info before hand and stumbled on to his site – highly recommend for anyone in the process of buying. Additionally, some of the best free-use mortgage & home finance calculators you can find anywhere are all on this site for no charge. There is a lot of info here with numerous submenus that will take a few evenings to filter thru – but once completed you will be much better prepared to face the challenge of a mortgage loan and home purchase.
Hope your situation is resolved with positive outcomes…
June 12, 2008 at 8:03 PM #222330jmrrobbie1ParticipantJMR
Could not help but comment … I know this is an old threat with numerous points that have been put forth with strong conviction but a little knowledge can go a long way. ANYONE going thru the loan/mortgage process should review a few basics and also update the current trends – especailly with brokers… the gold standard web page to arm yourself with an excellent & indepth overview of the loan/mortgage business is Jack M. Guttentag’s site at http://www.mtgprofessor.com from the Wharton School of Business.
I have no connection with him or his site other than as a perspective buyer myself seeking as much info before hand and stumbled on to his site – highly recommend for anyone in the process of buying. Additionally, some of the best free-use mortgage & home finance calculators you can find anywhere are all on this site for no charge. There is a lot of info here with numerous submenus that will take a few evenings to filter thru – but once completed you will be much better prepared to face the challenge of a mortgage loan and home purchase.
Hope your situation is resolved with positive outcomes…
June 12, 2008 at 8:03 PM #222347jmrrobbie1ParticipantJMR
Could not help but comment … I know this is an old threat with numerous points that have been put forth with strong conviction but a little knowledge can go a long way. ANYONE going thru the loan/mortgage process should review a few basics and also update the current trends – especailly with brokers… the gold standard web page to arm yourself with an excellent & indepth overview of the loan/mortgage business is Jack M. Guttentag’s site at http://www.mtgprofessor.com from the Wharton School of Business.
I have no connection with him or his site other than as a perspective buyer myself seeking as much info before hand and stumbled on to his site – highly recommend for anyone in the process of buying. Additionally, some of the best free-use mortgage & home finance calculators you can find anywhere are all on this site for no charge. There is a lot of info here with numerous submenus that will take a few evenings to filter thru – but once completed you will be much better prepared to face the challenge of a mortgage loan and home purchase.
Hope your situation is resolved with positive outcomes…
June 17, 2008 at 3:28 PM #224076RaybyrnesParticipantFact here is that a salesperson takes a lot of shit to finally get to a sale. For a salesperson to walk away from a commission means tht the shit sandwhich is so utterly distasteful that they not only do not care about the money but are willing to stop the process and walk away. Not too difficult to figurethis out and that it would be very interesting to hear the other side of this from the broker.
June 17, 2008 at 3:28 PM #224178RaybyrnesParticipantFact here is that a salesperson takes a lot of shit to finally get to a sale. For a salesperson to walk away from a commission means tht the shit sandwhich is so utterly distasteful that they not only do not care about the money but are willing to stop the process and walk away. Not too difficult to figurethis out and that it would be very interesting to hear the other side of this from the broker.
June 17, 2008 at 3:28 PM #224197RaybyrnesParticipantFact here is that a salesperson takes a lot of shit to finally get to a sale. For a salesperson to walk away from a commission means tht the shit sandwhich is so utterly distasteful that they not only do not care about the money but are willing to stop the process and walk away. Not too difficult to figurethis out and that it would be very interesting to hear the other side of this from the broker.
June 17, 2008 at 3:28 PM #224227RaybyrnesParticipantFact here is that a salesperson takes a lot of shit to finally get to a sale. For a salesperson to walk away from a commission means tht the shit sandwhich is so utterly distasteful that they not only do not care about the money but are willing to stop the process and walk away. Not too difficult to figurethis out and that it would be very interesting to hear the other side of this from the broker.
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