Home › Forums › Housing › Will honest people start doing dirty/crooked things to bail out of their houses
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October 14, 2007 at 9:45 AM #88932October 14, 2007 at 9:45 AM #88938
HLS
ParticipantShari…
Don’t start with me….
I was able to peg what you do from several sentences.
I chew propaganda up and spit it out daily.Your assumptions of me are 180 degrees off.
I bought my first OO property in 1980. I’ve been a landlord since 1982. I rented a room for less than a year in 1982 until I bought my next home, and I won’t bore you with what’s happened since then.
Other than that, I’ve never rented a day in my life, unless you consider paying for cabins on cruise ships renting.
I can assure you that I’m not bitter, you won’t see me at one of “your” open houses, and I’m probably not like anyone that you’ve ever met before. I don’t fit into any box that you’ve ever seen.
I’m sure that you have never told people that buying a house is gambling. Your income depends on repeating the propaganda that spews from what is purported to be professional, ethical organizations. Your income depends on it.
I’d love to hear some of the lines that came out of your mouth (over the last 10 years) that got you by with nothing more than luck, it certainly wasn’t wisdom or experience.
Regardless of what the organizations that you pay dues to tell it’s members, you aren’t psychic and don’t have a crystal ball and have ABSOLUTELY no business giving people investment advice or predicting future gains, UNLESS you personally are a poster child for financial security for much longer than the 9 year bull run of local RE.
You want to go toe to toe, I can assure you that I can hold my own. I’m involved in the mortgage business but my income doesn’t depend on it. I wasn’t doing retail loans at the peak, so don’t even think that I put people into crappy loans or earned huge commissions.
Take a hard look at what you are saying, word by word.
That’s what I do, even when nobody is listening.
It’s called integrity.I look in the mirror every day and like who I see.
I only hope that you can say the same.October 14, 2007 at 10:29 AM #88943JWM in SD
ParticipantShari you can’t for real right? That couple is exactly the reason why the housing market is currently in this state. Why? Because if the easy $ had not run its course they would have expected some other greater fool to buy their house and pay for all that crap. You are proof positive that most realtors are complete idiots who were earning an exorbitant income that would not have been possible in the real world. Let me clue you into something Shari, its a bad idea to piss off Piggingtons. We are the ones that will determine you future income stream if you decide to continue in the RE business.
October 14, 2007 at 10:29 AM #88950ParticipantShari you can’t for real right? That couple is exactly the reason why the housing market is currently in this state. Why? Because if the easy $ had not run its course they would have expected some other greater fool to buy their house and pay for all that crap. You are proof positive that most realtors are complete idiots who were earning an exorbitant income that would not have been possible in the real world. Let me clue you into something Shari, its a bad idea to piss off Piggingtons. We are the ones that will determine you future income stream if you decide to continue in the RE business.
October 14, 2007 at 11:15 AM #88949Anonymous
GuestI am 100% real. So sorry my opinions piss you off. It’s very humble for you to think that anything you say will affect my future income.
October 14, 2007 at 11:15 AM #88955GuestI am 100% real. So sorry my opinions piss you off. It’s very humble for you to think that anything you say will affect my future income.
October 14, 2007 at 11:17 AM #88952patientlywaiting
ParticipantI’ve been around long enough to know that Fat Lazy Union owns a nice house in Carmel Valley. He bought near the top; but he’s open-minded enough to see the real estate market for what it is — overpriced.
Like HLS said, integrity is about seing the truth for what it is regardless of your own interests and where your income comes from. If you make mistakes, you suck it up and move on.
October 14, 2007 at 11:17 AM #88958ParticipantI’ve been around long enough to know that Fat Lazy Union owns a nice house in Carmel Valley. He bought near the top; but he’s open-minded enough to see the real estate market for what it is — overpriced.
Like HLS said, integrity is about seing the truth for what it is regardless of your own interests and where your income comes from. If you make mistakes, you suck it up and move on.
October 14, 2007 at 11:25 AM #88953luxuryglow
Participantper Shari
” Realtors…scum suckers.”
October 14, 2007 at 11:25 AM #88960Participantper Shari
” Realtors…scum suckers.”
October 14, 2007 at 12:29 PM #88968
CoronitaParticipantI've been around long enough to know that Fat Lazy Union owns a nice house in Carmel Valley. He bought near the top; but he's open-minded enough to see the real estate market for what it is — overpriced.
patientlywaiting,
You're giving more credit than i deserve. Actually, my house is a POS stucco box… But relative to all other stucco boxes, it's probably about an average POS stucco box. In fact, I can't recall any new developments that aren't stucco boxes.
It was overpriced when i bought it, but at least the interest rate was really low. Right now, I think it's the worst of both worlds. Interests rates are up, particularly jumbos, but home prices haven't come down enough yet. Yes, I'm aware that it's still lower than other points in history. BUT, home prices haven't been this high at any points in history either. 1% difference on a jumbo is significant.
October 14, 2007 at 12:29 PM #88973CoronitaParticipantI've been around long enough to know that Fat Lazy Union owns a nice house in Carmel Valley. He bought near the top; but he's open-minded enough to see the real estate market for what it is — overpriced.
patientlywaiting,
You're giving more credit than i deserve. Actually, my house is a POS stucco box… But relative to all other stucco boxes, it's probably about an average POS stucco box. In fact, I can't recall any new developments that aren't stucco boxes.
It was overpriced when i bought it, but at least the interest rate was really low. Right now, I think it's the worst of both worlds. Interests rates are up, particularly jumbos, but home prices haven't come down enough yet. Yes, I'm aware that it's still lower than other points in history. BUT, home prices haven't been this high at any points in history either. 1% difference on a jumbo is significant.
October 14, 2007 at 4:40 PM #88965Participant“It’s very humble for you to think that anything you say will affect my future income.”
Its not what I say Shari, its what I do that can & does affect you as a realtor. If it doesn’t affect you and were all just a bunch of JBRs, then what are you doing here? You are looking into the face of your enemy…the enemy of ignorance and avarice. You will lose if you don’t adjust your opinions. I have money and I have time. FBs and GFs have lots of debt and a stucco box.
October 14, 2007 at 4:40 PM #88971Participant“It’s very humble for you to think that anything you say will affect my future income.”
Its not what I say Shari, its what I do that can & does affect you as a realtor. If it doesn’t affect you and were all just a bunch of JBRs, then what are you doing here? You are looking into the face of your enemy…the enemy of ignorance and avarice. You will lose if you don’t adjust your opinions. I have money and I have time. FBs and GFs have lots of debt and a stucco box.
October 15, 2007 at 9:09 AM #8904023109VC
Participantwow, this thread took a turn down the nasty street.
when we bought the house – we did plan to be there for the long run, that is still the plan.
after seeing my *neighbor* preparing for foreclosure, and another house down the street already bank owned, it made me wonder what he/they might wind up doing.
that got me thinking, *what it* I had to unload mine, what would I do.
if my house goes negative by $50k i’m not gonna have a hissy fit and try to run. I guess, if suddenly I could buy a house that was 10 times better, for half what I paid for this one, I would think of a way to trade up. that’s human nature.
I just think long term, and usually think of many alternative contingencies and plan for them all. i think about retirement plans and options too, BUT I don’t plan on retiring for about 25 years. It’s a long way off, but i think about it. just b/c i’m wondering about exit strategies, doens’t mean i plan to do it.
better safe than sorry.
if you fail to plan you plan to fail
etc etc -
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