Report shows strategic defaults increasing

[sdrealtor]

Atta boy! When completely discredited, try insults and sarcasm.

I’d love to see some original thoughts from you. I know you must be capable of more than the rampant cutting and pasting of articles you so enjoy. Give it a try sometime….you might enjoy it.

By the way I look more like Mel Gibson than Christopher Reed;)

[Anonymous]

SD Realtor you are a liar and a hypocrite. Here’s a few quotes of your lies.

[quote=SD Realtor]Yes they are living for free. Just remember you are paying for them. As will everyone else in your family who pays federal taxes.[/quote]The TARP money went to banks not home owners, you know this and yet you continue to lie about it. We are paying for banks and lenders. No one’s federal taxes are paying for me. I made it clear from my first post that I wasn’t looking for a loan mod. I bet I pay more federal taxes than you do.

[quote=SD Realtor]Bill there is nothing that I have lied about.[/quote]B.S. That’s a good one.

[quote=SD Realtor]Look, extension of credit is extension of credit. I am loaning you money and you promise to pay me back or return the asset I loaned you the money for.[/quote]Wrong, you know for damn sure that there is no promise to return the asset. This lie of yours just fits in with your “mail in the keys” mantra.

You are a hypocrite because your excuse for profiting off your clients’ poor decisions to buy overpriced real estate was to say “I didn’t force anyone to do anything” while expecting me to not profit off my lender’s poor decision. I haven’t forced my lender to let me live here for free. I haven’t forced anyone to do anything.

You are a pathetic hypocrite. Either your clients and my lender have the free will to make their own decisions or they don’t. Only a hypocrite like you wants to chose who’s legal free will is right or wrong. If you wanted to be so high and mighty you should have taken yourself out of the transactions and not taken the commissions. You have no problem profiting off your clients’ poor decisions just like I have no problem profiting off my lender’s decision to let me stay.

You say it’s not your job to convince people not to buy, well it’s not my job to force my lender to foreclose or to mail in my keys.

Get it hypocrite? Probably not, being a lying hypocrite is a requirement for being a realtor.

[Anonymous]

SD Realtor you are a liar and a hypocrite. Here’s a few quotes of your lies.

[quote=SD Realtor]Yes they are living for free. Just remember you are paying for them. As will everyone else in your family who pays federal taxes.[/quote]The TARP money went to banks not home owners, you know this and yet you continue to lie about it. We are paying for banks and lenders. No one’s federal taxes are paying for me. I made it clear from my first post that I wasn’t looking for a loan mod. I bet I pay more federal taxes than you do.

[quote=SD Realtor]Bill there is nothing that I have lied about.[/quote]B.S. That’s a good one.

[quote=SD Realtor]Look, extension of credit is extension of credit. I am loaning you money and you promise to pay me back or return the asset I loaned you the money for.[/quote]Wrong, you know for damn sure that there is no promise to return the asset. This lie of yours just fits in with your “mail in the keys” mantra.

You are a hypocrite because your excuse for profiting off your clients’ poor decisions to buy overpriced real estate was to say “I didn’t force anyone to do anything” while expecting me to not profit off my lender’s poor decision. I haven’t forced my lender to let me live here for free. I haven’t forced anyone to do anything.

You are a pathetic hypocrite. Either your clients and my lender have the free will to make their own decisions or they don’t. Only a hypocrite like you wants to chose who’s legal free will is right or wrong. If you wanted to be so high and mighty you should have taken yourself out of the transactions and not taken the commissions. You have no problem profiting off your clients’ poor decisions just like I have no problem profiting off my lender’s decision to let me stay.

You say it’s not your job to convince people not to buy, well it’s not my job to force my lender to foreclose or to mail in my keys.

Get it hypocrite? Probably not, being a lying hypocrite is a requirement for being a realtor.

[Anonymous]

SD Realtor you are a liar and a hypocrite. Here’s a few quotes of your lies.

[quote=SD Realtor]Yes they are living for free. Just remember you are paying for them. As will everyone else in your family who pays federal taxes.[/quote]The TARP money went to banks not home owners, you know this and yet you continue to lie about it. We are paying for banks and lenders. No one’s federal taxes are paying for me. I made it clear from my first post that I wasn’t looking for a loan mod. I bet I pay more federal taxes than you do.

[quote=SD Realtor]Bill there is nothing that I have lied about.[/quote]B.S. That’s a good one.

[quote=SD Realtor]Look, extension of credit is extension of credit. I am loaning you money and you promise to pay me back or return the asset I loaned you the money for.[/quote]Wrong, you know for damn sure that there is no promise to return the asset. This lie of yours just fits in with your “mail in the keys” mantra.

You are a hypocrite because your excuse for profiting off your clients’ poor decisions to buy overpriced real estate was to say “I didn’t force anyone to do anything” while expecting me to not profit off my lender’s poor decision. I haven’t forced my lender to let me live here for free. I haven’t forced anyone to do anything.

You are a pathetic hypocrite. Either your clients and my lender have the free will to make their own decisions or they don’t. Only a hypocrite like you wants to chose who’s legal free will is right or wrong. If you wanted to be so high and mighty you should have taken yourself out of the transactions and not taken the commissions. You have no problem profiting off your clients’ poor decisions just like I have no problem profiting off my lender’s decision to let me stay.

You say it’s not your job to convince people not to buy, well it’s not my job to force my lender to foreclose or to mail in my keys.

Get it hypocrite? Probably not, being a lying hypocrite is a requirement for being a realtor.

[Anonymous]

SD Realtor you are a liar and a hypocrite. Here’s a few quotes of your lies.

[quote=SD Realtor]Yes they are living for free. Just remember you are paying for them. As will everyone else in your family who pays federal taxes.[/quote]The TARP money went to banks not home owners, you know this and yet you continue to lie about it. We are paying for banks and lenders. No one’s federal taxes are paying for me. I made it clear from my first post that I wasn’t looking for a loan mod. I bet I pay more federal taxes than you do.

[quote=SD Realtor]Bill there is nothing that I have lied about.[/quote]B.S. That’s a good one.

[quote=SD Realtor]Look, extension of credit is extension of credit. I am loaning you money and you promise to pay me back or return the asset I loaned you the money for.[/quote]Wrong, you know for damn sure that there is no promise to return the asset. This lie of yours just fits in with your “mail in the keys” mantra.

You are a hypocrite because your excuse for profiting off your clients’ poor decisions to buy overpriced real estate was to say “I didn’t force anyone to do anything” while expecting me to not profit off my lender’s poor decision. I haven’t forced my lender to let me live here for free. I haven’t forced anyone to do anything.

You are a pathetic hypocrite. Either your clients and my lender have the free will to make their own decisions or they don’t. Only a hypocrite like you wants to chose who’s legal free will is right or wrong. If you wanted to be so high and mighty you should have taken yourself out of the transactions and not taken the commissions. You have no problem profiting off your clients’ poor decisions just like I have no problem profiting off my lender’s decision to let me stay.

You say it’s not your job to convince people not to buy, well it’s not my job to force my lender to foreclose or to mail in my keys.

Get it hypocrite? Probably not, being a lying hypocrite is a requirement for being a realtor.

[Anonymous]

SD Realtor you are a liar and a hypocrite. Here’s a few quotes of your lies.

[quote=SD Realtor]Yes they are living for free. Just remember you are paying for them. As will everyone else in your family who pays federal taxes.[/quote]The TARP money went to banks not home owners, you know this and yet you continue to lie about it. We are paying for banks and lenders. No one’s federal taxes are paying for me. I made it clear from my first post that I wasn’t looking for a loan mod. I bet I pay more federal taxes than you do.

[quote=SD Realtor]Bill there is nothing that I have lied about.[/quote]B.S. That’s a good one.

[quote=SD Realtor]Look, extension of credit is extension of credit. I am loaning you money and you promise to pay me back or return the asset I loaned you the money for.[/quote]Wrong, you know for damn sure that there is no promise to return the asset. This lie of yours just fits in with your “mail in the keys” mantra.

You are a hypocrite because your excuse for profiting off your clients’ poor decisions to buy overpriced real estate was to say “I didn’t force anyone to do anything” while expecting me to not profit off my lender’s poor decision. I haven’t forced my lender to let me live here for free. I haven’t forced anyone to do anything.

You are a pathetic hypocrite. Either your clients and my lender have the free will to make their own decisions or they don’t. Only a hypocrite like you wants to chose who’s legal free will is right or wrong. If you wanted to be so high and mighty you should have taken yourself out of the transactions and not taken the commissions. You have no problem profiting off your clients’ poor decisions just like I have no problem profiting off my lender’s decision to let me stay.

You say it’s not your job to convince people not to buy, well it’s not my job to force my lender to foreclose or to mail in my keys.

Get it hypocrite? Probably not, being a lying hypocrite is a requirement for being a realtor.

[Anonymous]

[quote=sdrealtor]For $7,500 the sellers escaped a $250,000 deficiency judgement which would have forced them into BK. [/quote]

How often do banks pursue deficiency judgements? Do you have any idea?

My guess is no. Good thing most of your clients are idiots.

[Anonymous]

[quote=sdrealtor]For $7,500 the sellers escaped a $250,000 deficiency judgement which would have forced them into BK. [/quote]

How often do banks pursue deficiency judgements? Do you have any idea?

My guess is no. Good thing most of your clients are idiots.

[Anonymous]

[quote=sdrealtor]For $7,500 the sellers escaped a $250,000 deficiency judgement which would have forced them into BK. [/quote]

How often do banks pursue deficiency judgements? Do you have any idea?

My guess is no. Good thing most of your clients are idiots.

[Anonymous]

[quote=sdrealtor]For $7,500 the sellers escaped a $250,000 deficiency judgement which would have forced them into BK. [/quote]

How often do banks pursue deficiency judgements? Do you have any idea?

My guess is no. Good thing most of your clients are idiots.

[Anonymous]

[quote=sdrealtor]For $7,500 the sellers escaped a $250,000 deficiency judgement which would have forced them into BK. [/quote]

How often do banks pursue deficiency judgements? Do you have any idea?

My guess is no. Good thing most of your clients are idiots.

[jpinpb]

[quote=BillS78] I haven’t been bailed out and I’m not looking for a bailout, I’m just following the terms stated in the purchase contract. The ball is in my lenders court, I’m waiting for them to make their move.[/quote]

Bill – indirectly you are being bailed out. Because of the fact the banks got money from the government (taxpayers) they are not foreclosing on you as soon as they normally would. Had they not gotten a bail out, you would have been on the streets a lot sooner. Hence, their bail out becomes your bail out indirectly in the the form of the ability to live there for free for an indefinite period of time.

Yes, you are following the contract, but the bank’s bailout thereby becomes your bailout b/c of their inaction. Their inaction is b/c they are in no hurry since we gave them a shitload of money for their pain and stupidity and greed.

[quote=Arraya]
Well this is what I’ve been saying for months. No homeowners are getting “help”, the are getting screwed over again.
[/quote]

My gf did a short sale after living in her place for a minimum of 8 months w/no NOD. Her credit will suffer for 2 years. It was strictly a purchase loan, no HELOC. She consulted an attorney. She has no and will have no other reprecussions other than her credit is shot for 2 years. At the rate of this recovery she will be able to buy a house for what she bought the condo for at peak. I’d say 8 months of living free and only suffering bad credit for a couple of years is “help” not getting screwed.

Anyone really getting screwed are the taxpayers and renters.

[quote=BillS78]
You are very misguided when you complain about your tax dollars subsidizing people like me. Your tax dollars are subsidizing banks. I could have mailed in my keys over a year ago and the bank would probably still be sitting on the property..[/quote]

As I said, indirectly we are subsidizing you. If the banks weren’t bailed out, trust me, they would’ve acted quickly and swiftly in booting you to the curb.

[quote=BillS78]
I’m doing my neighborhood and lender a favor by keeping my house looking great.[/quote]

Very neighborly of you.

[jpinpb]

[quote=BillS78] I haven’t been bailed out and I’m not looking for a bailout, I’m just following the terms stated in the purchase contract. The ball is in my lenders court, I’m waiting for them to make their move.[/quote]

Bill – indirectly you are being bailed out. Because of the fact the banks got money from the government (taxpayers) they are not foreclosing on you as soon as they normally would. Had they not gotten a bail out, you would have been on the streets a lot sooner. Hence, their bail out becomes your bail out indirectly in the the form of the ability to live there for free for an indefinite period of time.

Yes, you are following the contract, but the bank’s bailout thereby becomes your bailout b/c of their inaction. Their inaction is b/c they are in no hurry since we gave them a shitload of money for their pain and stupidity and greed.

[quote=Arraya]
Well this is what I’ve been saying for months. No homeowners are getting “help”, the are getting screwed over again.
[/quote]

My gf did a short sale after living in her place for a minimum of 8 months w/no NOD. Her credit will suffer for 2 years. It was strictly a purchase loan, no HELOC. She consulted an attorney. She has no and will have no other reprecussions other than her credit is shot for 2 years. At the rate of this recovery she will be able to buy a house for what she bought the condo for at peak. I’d say 8 months of living free and only suffering bad credit for a couple of years is “help” not getting screwed.

Anyone really getting screwed are the taxpayers and renters.

[quote=BillS78]
You are very misguided when you complain about your tax dollars subsidizing people like me. Your tax dollars are subsidizing banks. I could have mailed in my keys over a year ago and the bank would probably still be sitting on the property..[/quote]

As I said, indirectly we are subsidizing you. If the banks weren’t bailed out, trust me, they would’ve acted quickly and swiftly in booting you to the curb.

[quote=BillS78]
I’m doing my neighborhood and lender a favor by keeping my house looking great.[/quote]

Very neighborly of you.

[jpinpb]

[quote=BillS78] I haven’t been bailed out and I’m not looking for a bailout, I’m just following the terms stated in the purchase contract. The ball is in my lenders court, I’m waiting for them to make their move.[/quote]

Bill – indirectly you are being bailed out. Because of the fact the banks got money from the government (taxpayers) they are not foreclosing on you as soon as they normally would. Had they not gotten a bail out, you would have been on the streets a lot sooner. Hence, their bail out becomes your bail out indirectly in the the form of the ability to live there for free for an indefinite period of time.

Yes, you are following the contract, but the bank’s bailout thereby becomes your bailout b/c of their inaction. Their inaction is b/c they are in no hurry since we gave them a shitload of money for their pain and stupidity and greed.

[quote=Arraya]
Well this is what I’ve been saying for months. No homeowners are getting “help”, the are getting screwed over again.
[/quote]

My gf did a short sale after living in her place for a minimum of 8 months w/no NOD. Her credit will suffer for 2 years. It was strictly a purchase loan, no HELOC. She consulted an attorney. She has no and will have no other reprecussions other than her credit is shot for 2 years. At the rate of this recovery she will be able to buy a house for what she bought the condo for at peak. I’d say 8 months of living free and only suffering bad credit for a couple of years is “help” not getting screwed.

Anyone really getting screwed are the taxpayers and renters.

[quote=BillS78]
You are very misguided when you complain about your tax dollars subsidizing people like me. Your tax dollars are subsidizing banks. I could have mailed in my keys over a year ago and the bank would probably still be sitting on the property..[/quote]

As I said, indirectly we are subsidizing you. If the banks weren’t bailed out, trust me, they would’ve acted quickly and swiftly in booting you to the curb.

[quote=BillS78]
I’m doing my neighborhood and lender a favor by keeping my house looking great.[/quote]

Very neighborly of you.

[jpinpb]

[quote=BillS78] I haven’t been bailed out and I’m not looking for a bailout, I’m just following the terms stated in the purchase contract. The ball is in my lenders court, I’m waiting for them to make their move.[/quote]

Bill – indirectly you are being bailed out. Because of the fact the banks got money from the government (taxpayers) they are not foreclosing on you as soon as they normally would. Had they not gotten a bail out, you would have been on the streets a lot sooner. Hence, their bail out becomes your bail out indirectly in the the form of the ability to live there for free for an indefinite period of time.

Yes, you are following the contract, but the bank’s bailout thereby becomes your bailout b/c of their inaction. Their inaction is b/c they are in no hurry since we gave them a shitload of money for their pain and stupidity and greed.

[quote=Arraya]
Well this is what I’ve been saying for months. No homeowners are getting “help”, the are getting screwed over again.
[/quote]

My gf did a short sale after living in her place for a minimum of 8 months w/no NOD. Her credit will suffer for 2 years. It was strictly a purchase loan, no HELOC. She consulted an attorney. She has no and will have no other reprecussions other than her credit is shot for 2 years. At the rate of this recovery she will be able to buy a house for what she bought the condo for at peak. I’d say 8 months of living free and only suffering bad credit for a couple of years is “help” not getting screwed.

Anyone really getting screwed are the taxpayers and renters.

[quote=BillS78]
You are very misguided when you complain about your tax dollars subsidizing people like me. Your tax dollars are subsidizing banks. I could have mailed in my keys over a year ago and the bank would probably still be sitting on the property..[/quote]

As I said, indirectly we are subsidizing you. If the banks weren’t bailed out, trust me, they would’ve acted quickly and swiftly in booting you to the curb.

[quote=BillS78]
I’m doing my neighborhood and lender a favor by keeping my house looking great.[/quote]

Very neighborly of you.

[Author]

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