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- This topic has 435 replies, 11 voices, and was last updated 14 years, 5 months ago by
sdrealtor.
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September 5, 2010 at 8:08 PM #601865September 5, 2010 at 8:12 PM #600808
bearishgurl
ParticipantH@ll, I’m not even an “active agent” and can attest to experiencing these situations that sdr is describing here in his “concrete examples.”. . . LOL
September 5, 2010 at 8:12 PM #600899bearishgurl
ParticipantH@ll, I’m not even an “active agent” and can attest to experiencing these situations that sdr is describing here in his “concrete examples.”. . . LOL
September 5, 2010 at 8:12 PM #601446bearishgurl
ParticipantH@ll, I’m not even an “active agent” and can attest to experiencing these situations that sdr is describing here in his “concrete examples.”. . . LOL
September 5, 2010 at 8:12 PM #601552bearishgurl
ParticipantH@ll, I’m not even an “active agent” and can attest to experiencing these situations that sdr is describing here in his “concrete examples.”. . . LOL
September 5, 2010 at 8:12 PM #601870bearishgurl
ParticipantH@ll, I’m not even an “active agent” and can attest to experiencing these situations that sdr is describing here in his “concrete examples.”. . . LOL
September 5, 2010 at 8:16 PM #600813sdrealtor
ParticipantDR B.
19 are very happy in their homes are in perfectly fine shape. My clients tend to be more well off and have high incomes. They are going to buy and I helped them outperform the market big time.Ironically, the couple that sold short came to me about to buy in Fletcher Hills which I talked them out of. They would be down over $200K if they had. Instead the house they sold was down about $90K because they sold at the worst possible time. Its already recovered more than half of that. They had financed 100%, made minimum payments (well under rent costs because of a very high tax bracket)and saved the difference. They had the money to pay the short fall but because they never refinanced they had non-recourse loans. We got a short sale done at no cost to them and got them a full written release. Three onths ago they got a call from a collection agency the loan had been sold to who was chasing them for the money. I had an attorney send the collection agency a copy of the release as well as a claim for $5,000 in damages because they were violating fair debt collection practices. They sent an apology letter to my clients and went away. That one didnt really go bad.
Once again I cant point out where you got it wrong because I dont know if you did. Without the details it’s impossible for me to know.
September 5, 2010 at 8:16 PM #600904sdrealtor
ParticipantDR B.
19 are very happy in their homes are in perfectly fine shape. My clients tend to be more well off and have high incomes. They are going to buy and I helped them outperform the market big time.Ironically, the couple that sold short came to me about to buy in Fletcher Hills which I talked them out of. They would be down over $200K if they had. Instead the house they sold was down about $90K because they sold at the worst possible time. Its already recovered more than half of that. They had financed 100%, made minimum payments (well under rent costs because of a very high tax bracket)and saved the difference. They had the money to pay the short fall but because they never refinanced they had non-recourse loans. We got a short sale done at no cost to them and got them a full written release. Three onths ago they got a call from a collection agency the loan had been sold to who was chasing them for the money. I had an attorney send the collection agency a copy of the release as well as a claim for $5,000 in damages because they were violating fair debt collection practices. They sent an apology letter to my clients and went away. That one didnt really go bad.
Once again I cant point out where you got it wrong because I dont know if you did. Without the details it’s impossible for me to know.
September 5, 2010 at 8:16 PM #601451sdrealtor
ParticipantDR B.
19 are very happy in their homes are in perfectly fine shape. My clients tend to be more well off and have high incomes. They are going to buy and I helped them outperform the market big time.Ironically, the couple that sold short came to me about to buy in Fletcher Hills which I talked them out of. They would be down over $200K if they had. Instead the house they sold was down about $90K because they sold at the worst possible time. Its already recovered more than half of that. They had financed 100%, made minimum payments (well under rent costs because of a very high tax bracket)and saved the difference. They had the money to pay the short fall but because they never refinanced they had non-recourse loans. We got a short sale done at no cost to them and got them a full written release. Three onths ago they got a call from a collection agency the loan had been sold to who was chasing them for the money. I had an attorney send the collection agency a copy of the release as well as a claim for $5,000 in damages because they were violating fair debt collection practices. They sent an apology letter to my clients and went away. That one didnt really go bad.
Once again I cant point out where you got it wrong because I dont know if you did. Without the details it’s impossible for me to know.
September 5, 2010 at 8:16 PM #601557sdrealtor
ParticipantDR B.
19 are very happy in their homes are in perfectly fine shape. My clients tend to be more well off and have high incomes. They are going to buy and I helped them outperform the market big time.Ironically, the couple that sold short came to me about to buy in Fletcher Hills which I talked them out of. They would be down over $200K if they had. Instead the house they sold was down about $90K because they sold at the worst possible time. Its already recovered more than half of that. They had financed 100%, made minimum payments (well under rent costs because of a very high tax bracket)and saved the difference. They had the money to pay the short fall but because they never refinanced they had non-recourse loans. We got a short sale done at no cost to them and got them a full written release. Three onths ago they got a call from a collection agency the loan had been sold to who was chasing them for the money. I had an attorney send the collection agency a copy of the release as well as a claim for $5,000 in damages because they were violating fair debt collection practices. They sent an apology letter to my clients and went away. That one didnt really go bad.
Once again I cant point out where you got it wrong because I dont know if you did. Without the details it’s impossible for me to know.
September 5, 2010 at 8:16 PM #601875sdrealtor
ParticipantDR B.
19 are very happy in their homes are in perfectly fine shape. My clients tend to be more well off and have high incomes. They are going to buy and I helped them outperform the market big time.Ironically, the couple that sold short came to me about to buy in Fletcher Hills which I talked them out of. They would be down over $200K if they had. Instead the house they sold was down about $90K because they sold at the worst possible time. Its already recovered more than half of that. They had financed 100%, made minimum payments (well under rent costs because of a very high tax bracket)and saved the difference. They had the money to pay the short fall but because they never refinanced they had non-recourse loans. We got a short sale done at no cost to them and got them a full written release. Three onths ago they got a call from a collection agency the loan had been sold to who was chasing them for the money. I had an attorney send the collection agency a copy of the release as well as a claim for $5,000 in damages because they were violating fair debt collection practices. They sent an apology letter to my clients and went away. That one didnt really go bad.
Once again I cant point out where you got it wrong because I dont know if you did. Without the details it’s impossible for me to know.
September 5, 2010 at 8:23 PM #600818njtosd
Participantsdrealtor –
I think you missed my point; the fantasy that I was referring to related to your graphic description of being draped over a barrel, etc. In any event, after reading that passage again, I think I will politely decline your offer to sit down with me.
Your fiduciary duty requires you to obey the lawful requirements of your client relating to the sale of his/her property. Your other choice is to provide your client with an unconditional withdrawal from the listing agreement. Since your screen name is sdrealtor, I assume that you are a member of the NAR. Their website provides a pretty clear description of your Code of Ethics. I have to assume that you have informed your clients of the conditions under which you will or will not show properties, and that they have agreed to your conditions. If you hadn’t, you would be risking your license.September 5, 2010 at 8:23 PM #600909njtosd
Participantsdrealtor –
I think you missed my point; the fantasy that I was referring to related to your graphic description of being draped over a barrel, etc. In any event, after reading that passage again, I think I will politely decline your offer to sit down with me.
Your fiduciary duty requires you to obey the lawful requirements of your client relating to the sale of his/her property. Your other choice is to provide your client with an unconditional withdrawal from the listing agreement. Since your screen name is sdrealtor, I assume that you are a member of the NAR. Their website provides a pretty clear description of your Code of Ethics. I have to assume that you have informed your clients of the conditions under which you will or will not show properties, and that they have agreed to your conditions. If you hadn’t, you would be risking your license.September 5, 2010 at 8:23 PM #601456njtosd
Participantsdrealtor –
I think you missed my point; the fantasy that I was referring to related to your graphic description of being draped over a barrel, etc. In any event, after reading that passage again, I think I will politely decline your offer to sit down with me.
Your fiduciary duty requires you to obey the lawful requirements of your client relating to the sale of his/her property. Your other choice is to provide your client with an unconditional withdrawal from the listing agreement. Since your screen name is sdrealtor, I assume that you are a member of the NAR. Their website provides a pretty clear description of your Code of Ethics. I have to assume that you have informed your clients of the conditions under which you will or will not show properties, and that they have agreed to your conditions. If you hadn’t, you would be risking your license.September 5, 2010 at 8:23 PM #601562njtosd
Participantsdrealtor –
I think you missed my point; the fantasy that I was referring to related to your graphic description of being draped over a barrel, etc. In any event, after reading that passage again, I think I will politely decline your offer to sit down with me.
Your fiduciary duty requires you to obey the lawful requirements of your client relating to the sale of his/her property. Your other choice is to provide your client with an unconditional withdrawal from the listing agreement. Since your screen name is sdrealtor, I assume that you are a member of the NAR. Their website provides a pretty clear description of your Code of Ethics. I have to assume that you have informed your clients of the conditions under which you will or will not show properties, and that they have agreed to your conditions. If you hadn’t, you would be risking your license. -
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