[5yearwaiter]

[quote=as]We usually manage our own investments and so far we’ve done well. Last year we met a financial planner and since then he has been pushing us to invest with him. He asked us to show him all of our assets and told us our investment is too risky, but at the same time telling us how great his strategy is. He put together some recommendations for us. We decided to give him $25k to start, but he got very upset and told us we should take this amount of money to somebody else. We should start with him with at least $75k, he said. We were stunned. Have you ever heard of such a financial planner? What should I tell him?[/quote]

In 2007 I was requested to accompany with my friend to meet one Financial Planner in RB area. Interestingly the Great Plannar started pointing housing industry was the best spot (then in 2007) when I asked fewer questions how they can improve our investments. I believe this is more than enough to you – how the planner works and where we end up. BTW my friend praises me at least once in a month how I saved his money when he was about to dive into this kind of Financial Planner activity

p.s : Regarding Investments – put your head to understand what’s going on and realise a bit yourself instead giving control to others. Needless to say this fact – those who didn’t invest at all for the past 7 years saved a lot instead those who invest and lost a lot in several ways (either housing, stocks or even 401Ks )

[5yearwaiter]

[quote=sdrealtor][quote=5yearwaiter]Though we are in very advanced internet era – I surprised to see – A unnecessary dominent role of realtor involvement (6% commission) and a lot mortgage closing costs. If anyone take a close look at these these are really waste and unwanted costs that are deviating the current housing trends. Why not streamline much these and naildown those costs to simply near to 1% or 2%? I wish to take the full advantage of internet and stream line several actions in the realestate market not only listing and data but also naildown the lot extra money trasnfer.

A realtor :- Just open the lock and tour the house and throw the 14 pages offer after we signed.

Escrow:- Almost 10K plus closing costs.

My thoughts appear to be bit ruide but still I believe we are not yet taken full advantage of internet. The funny thing is today if you refinance the same house with same lender still you need to ponder a lot money for same title with the same lender – but why ? where is the work that involved that much money to submit after all refinance with in the same lender with same data.[/quote]

Sorry but I got to break my own rule and respond to this one. In one breathe we’ll talk about how this is the biggest transaction of our lives and how can people be so stupid/uninformed. Then in the next breathe comment that “Just open the lock and tour the house and throw the 14 pages offer after we signed”. You are not buying a loaf of bread. These can be very complex transactions. It is impossible to appreciate this unless you have been involved with dozens of them over many years. Are some of them simple? Absolutely though I havent seen a simple one in a couple years. You just dont know what is coming down the pike until you are knee deep in it.

Last year I took some listings up in the Temecula area. I wont take them anymore because the calibur of agent up there has been abysmal from my experience. I know they must exist but I have yet to meet a competent agent in that market. Frankly I dont understand how houses get sold up there when no one knows what they are doing. Extrapolating that to consumers handling their own transactions is even worse. Call me crazy but I dont see that as a viable answer.[/quote]

Well if real internet advantage had been taken then whatever amount of contributions you rendered in that Temecula area would have been streamlined by internet too – and then everyone get the same choice to know the facts. When first internet sales started it wasn’t made firm rules but now everything through internet you can get. Now “there are rules”, “there are voices” and reviews. I can gurantee no one can run or escape when everything exposed to everybody. I am not saying to eliminate realtor but saying stream line many things via a correct process including realtors are part of it and also that has some embedded rules then you see how easy those sales and as well those refinancing of mortgage. Sure it is going to be easy to know the facts on the listed houses instead lingering on various databanks to seek and knock. I assume with the vested interests only this housing is not really standardized with internet standards – though there are fair amount of chances exist.

[5yearwaiter]

[quote=sdrealtor][quote=5yearwaiter]Though we are in very advanced internet era – I surprised to see – A unnecessary dominent role of realtor involvement (6% commission) and a lot mortgage closing costs. If anyone take a close look at these these are really waste and unwanted costs that are deviating the current housing trends. Why not streamline much these and naildown those costs to simply near to 1% or 2%? I wish to take the full advantage of internet and stream line several actions in the realestate market not only listing and data but also naildown the lot extra money trasnfer.

A realtor :- Just open the lock and tour the house and throw the 14 pages offer after we signed.

Escrow:- Almost 10K plus closing costs.

My thoughts appear to be bit ruide but still I believe we are not yet taken full advantage of internet. The funny thing is today if you refinance the same house with same lender still you need to ponder a lot money for same title with the same lender – but why ? where is the work that involved that much money to submit after all refinance with in the same lender with same data.[/quote]

Sorry but I got to break my own rule and respond to this one. In one breathe we’ll talk about how this is the biggest transaction of our lives and how can people be so stupid/uninformed. Then in the next breathe comment that “Just open the lock and tour the house and throw the 14 pages offer after we signed”. You are not buying a loaf of bread. These can be very complex transactions. It is impossible to appreciate this unless you have been involved with dozens of them over many years. Are some of them simple? Absolutely though I havent seen a simple one in a couple years. You just dont know what is coming down the pike until you are knee deep in it.

Last year I took some listings up in the Temecula area. I wont take them anymore because the calibur of agent up there has been abysmal from my experience. I know they must exist but I have yet to meet a competent agent in that market. Frankly I dont understand how houses get sold up there when no one knows what they are doing. Extrapolating that to consumers handling their own transactions is even worse. Call me crazy but I dont see that as a viable answer.[/quote]

Well if real internet advantage had been taken then whatever amount of contributions you rendered in that Temecula area would have been streamlined by internet too – and then everyone get the same choice to know the facts. When first internet sales started it wasn’t made firm rules but now everything through internet you can get. Now “there are rules”, “there are voices” and reviews. I can gurantee no one can run or escape when everything exposed to everybody. I am not saying to eliminate realtor but saying stream line many things via a correct process including realtors are part of it and also that has some embedded rules then you see how easy those sales and as well those refinancing of mortgage. Sure it is going to be easy to know the facts on the listed houses instead lingering on various databanks to seek and knock. I assume with the vested interests only this housing is not really standardized with internet standards – though there are fair amount of chances exist.

[5yearwaiter]

[quote=sdrealtor][quote=5yearwaiter]Though we are in very advanced internet era – I surprised to see – A unnecessary dominent role of realtor involvement (6% commission) and a lot mortgage closing costs. If anyone take a close look at these these are really waste and unwanted costs that are deviating the current housing trends. Why not streamline much these and naildown those costs to simply near to 1% or 2%? I wish to take the full advantage of internet and stream line several actions in the realestate market not only listing and data but also naildown the lot extra money trasnfer.

A realtor :- Just open the lock and tour the house and throw the 14 pages offer after we signed.

Escrow:- Almost 10K plus closing costs.

My thoughts appear to be bit ruide but still I believe we are not yet taken full advantage of internet. The funny thing is today if you refinance the same house with same lender still you need to ponder a lot money for same title with the same lender – but why ? where is the work that involved that much money to submit after all refinance with in the same lender with same data.[/quote]

Sorry but I got to break my own rule and respond to this one. In one breathe we’ll talk about how this is the biggest transaction of our lives and how can people be so stupid/uninformed. Then in the next breathe comment that “Just open the lock and tour the house and throw the 14 pages offer after we signed”. You are not buying a loaf of bread. These can be very complex transactions. It is impossible to appreciate this unless you have been involved with dozens of them over many years. Are some of them simple? Absolutely though I havent seen a simple one in a couple years. You just dont know what is coming down the pike until you are knee deep in it.

Last year I took some listings up in the Temecula area. I wont take them anymore because the calibur of agent up there has been abysmal from my experience. I know they must exist but I have yet to meet a competent agent in that market. Frankly I dont understand how houses get sold up there when no one knows what they are doing. Extrapolating that to consumers handling their own transactions is even worse. Call me crazy but I dont see that as a viable answer.[/quote]

Well if real internet advantage had been taken then whatever amount of contributions you rendered in that Temecula area would have been streamlined by internet too – and then everyone get the same choice to know the facts. When first internet sales started it wasn’t made firm rules but now everything through internet you can get. Now “there are rules”, “there are voices” and reviews. I can gurantee no one can run or escape when everything exposed to everybody. I am not saying to eliminate realtor but saying stream line many things via a correct process including realtors are part of it and also that has some embedded rules then you see how easy those sales and as well those refinancing of mortgage. Sure it is going to be easy to know the facts on the listed houses instead lingering on various databanks to seek and knock. I assume with the vested interests only this housing is not really standardized with internet standards – though there are fair amount of chances exist.

[5yearwaiter]

[quote=sdrealtor][quote=5yearwaiter]Though we are in very advanced internet era – I surprised to see – A unnecessary dominent role of realtor involvement (6% commission) and a lot mortgage closing costs. If anyone take a close look at these these are really waste and unwanted costs that are deviating the current housing trends. Why not streamline much these and naildown those costs to simply near to 1% or 2%? I wish to take the full advantage of internet and stream line several actions in the realestate market not only listing and data but also naildown the lot extra money trasnfer.

A realtor :- Just open the lock and tour the house and throw the 14 pages offer after we signed.

Escrow:- Almost 10K plus closing costs.

My thoughts appear to be bit ruide but still I believe we are not yet taken full advantage of internet. The funny thing is today if you refinance the same house with same lender still you need to ponder a lot money for same title with the same lender – but why ? where is the work that involved that much money to submit after all refinance with in the same lender with same data.[/quote]

Sorry but I got to break my own rule and respond to this one. In one breathe we’ll talk about how this is the biggest transaction of our lives and how can people be so stupid/uninformed. Then in the next breathe comment that “Just open the lock and tour the house and throw the 14 pages offer after we signed”. You are not buying a loaf of bread. These can be very complex transactions. It is impossible to appreciate this unless you have been involved with dozens of them over many years. Are some of them simple? Absolutely though I havent seen a simple one in a couple years. You just dont know what is coming down the pike until you are knee deep in it.

Last year I took some listings up in the Temecula area. I wont take them anymore because the calibur of agent up there has been abysmal from my experience. I know they must exist but I have yet to meet a competent agent in that market. Frankly I dont understand how houses get sold up there when no one knows what they are doing. Extrapolating that to consumers handling their own transactions is even worse. Call me crazy but I dont see that as a viable answer.[/quote]

Well if real internet advantage had been taken then whatever amount of contributions you rendered in that Temecula area would have been streamlined by internet too – and then everyone get the same choice to know the facts. When first internet sales started it wasn’t made firm rules but now everything through internet you can get. Now “there are rules”, “there are voices” and reviews. I can gurantee no one can run or escape when everything exposed to everybody. I am not saying to eliminate realtor but saying stream line many things via a correct process including realtors are part of it and also that has some embedded rules then you see how easy those sales and as well those refinancing of mortgage. Sure it is going to be easy to know the facts on the listed houses instead lingering on various databanks to seek and knock. I assume with the vested interests only this housing is not really standardized with internet standards – though there are fair amount of chances exist.

[5yearwaiter]

[quote=sdrealtor][quote=5yearwaiter]Though we are in very advanced internet era – I surprised to see – A unnecessary dominent role of realtor involvement (6% commission) and a lot mortgage closing costs. If anyone take a close look at these these are really waste and unwanted costs that are deviating the current housing trends. Why not streamline much these and naildown those costs to simply near to 1% or 2%? I wish to take the full advantage of internet and stream line several actions in the realestate market not only listing and data but also naildown the lot extra money trasnfer.

A realtor :- Just open the lock and tour the house and throw the 14 pages offer after we signed.

Escrow:- Almost 10K plus closing costs.

My thoughts appear to be bit ruide but still I believe we are not yet taken full advantage of internet. The funny thing is today if you refinance the same house with same lender still you need to ponder a lot money for same title with the same lender – but why ? where is the work that involved that much money to submit after all refinance with in the same lender with same data.[/quote]

Sorry but I got to break my own rule and respond to this one. In one breathe we’ll talk about how this is the biggest transaction of our lives and how can people be so stupid/uninformed. Then in the next breathe comment that “Just open the lock and tour the house and throw the 14 pages offer after we signed”. You are not buying a loaf of bread. These can be very complex transactions. It is impossible to appreciate this unless you have been involved with dozens of them over many years. Are some of them simple? Absolutely though I havent seen a simple one in a couple years. You just dont know what is coming down the pike until you are knee deep in it.

Last year I took some listings up in the Temecula area. I wont take them anymore because the calibur of agent up there has been abysmal from my experience. I know they must exist but I have yet to meet a competent agent in that market. Frankly I dont understand how houses get sold up there when no one knows what they are doing. Extrapolating that to consumers handling their own transactions is even worse. Call me crazy but I dont see that as a viable answer.[/quote]

Well if real internet advantage had been taken then whatever amount of contributions you rendered in that Temecula area would have been streamlined by internet too – and then everyone get the same choice to know the facts. When first internet sales started it wasn’t made firm rules but now everything through internet you can get. Now “there are rules”, “there are voices” and reviews. I can gurantee no one can run or escape when everything exposed to everybody. I am not saying to eliminate realtor but saying stream line many things via a correct process including realtors are part of it and also that has some embedded rules then you see how easy those sales and as well those refinancing of mortgage. Sure it is going to be easy to know the facts on the listed houses instead lingering on various databanks to seek and knock. I assume with the vested interests only this housing is not really standardized with internet standards – though there are fair amount of chances exist.

[5yearwaiter]

Though we are in very advanced internet era – I surprised to see – A unnecessary dominent role of realtor involvement (6% commission) and a lot mortgage closing costs. If anyone take a close look at these these are really waste and unwanted costs that are deviating the current housing trends. Why not streamline much these and naildown those costs to simply near to 1% or 2%? I wish to take the full advantage of internet and stream line several actions in the realestate market not only listing and data but also naildown the lot extra money trasnfer.

A realtor :- Just open the lock and tour the house and throw the 14 pages offer after we signed.

Escrow:- Almost 10K plus closing costs.

My thoughts appear to be bit ruide but still I believe we are not yet taken full advantage of internet. The funny thing is today if you refinance the same house with same lender still you need to ponder a lot money for same title with the same lender – but why ? where is the work that involved that much money to submit after all refinance with in the same lender with same data.

[5yearwaiter]

Though we are in very advanced internet era – I surprised to see – A unnecessary dominent role of realtor involvement (6% commission) and a lot mortgage closing costs. If anyone take a close look at these these are really waste and unwanted costs that are deviating the current housing trends. Why not streamline much these and naildown those costs to simply near to 1% or 2%? I wish to take the full advantage of internet and stream line several actions in the realestate market not only listing and data but also naildown the lot extra money trasnfer.

A realtor :- Just open the lock and tour the house and throw the 14 pages offer after we signed.

Escrow:- Almost 10K plus closing costs.

My thoughts appear to be bit ruide but still I believe we are not yet taken full advantage of internet. The funny thing is today if you refinance the same house with same lender still you need to ponder a lot money for same title with the same lender – but why ? where is the work that involved that much money to submit after all refinance with in the same lender with same data.

[5yearwaiter]

Though we are in very advanced internet era – I surprised to see – A unnecessary dominent role of realtor involvement (6% commission) and a lot mortgage closing costs. If anyone take a close look at these these are really waste and unwanted costs that are deviating the current housing trends. Why not streamline much these and naildown those costs to simply near to 1% or 2%? I wish to take the full advantage of internet and stream line several actions in the realestate market not only listing and data but also naildown the lot extra money trasnfer.

A realtor :- Just open the lock and tour the house and throw the 14 pages offer after we signed.

Escrow:- Almost 10K plus closing costs.

My thoughts appear to be bit ruide but still I believe we are not yet taken full advantage of internet. The funny thing is today if you refinance the same house with same lender still you need to ponder a lot money for same title with the same lender – but why ? where is the work that involved that much money to submit after all refinance with in the same lender with same data.

[5yearwaiter]

Though we are in very advanced internet era – I surprised to see – A unnecessary dominent role of realtor involvement (6% commission) and a lot mortgage closing costs. If anyone take a close look at these these are really waste and unwanted costs that are deviating the current housing trends. Why not streamline much these and naildown those costs to simply near to 1% or 2%? I wish to take the full advantage of internet and stream line several actions in the realestate market not only listing and data but also naildown the lot extra money trasnfer.

A realtor :- Just open the lock and tour the house and throw the 14 pages offer after we signed.

Escrow:- Almost 10K plus closing costs.

My thoughts appear to be bit ruide but still I believe we are not yet taken full advantage of internet. The funny thing is today if you refinance the same house with same lender still you need to ponder a lot money for same title with the same lender – but why ? where is the work that involved that much money to submit after all refinance with in the same lender with same data.

[5yearwaiter]

Though we are in very advanced internet era – I surprised to see – A unnecessary dominent role of realtor involvement (6% commission) and a lot mortgage closing costs. If anyone take a close look at these these are really waste and unwanted costs that are deviating the current housing trends. Why not streamline much these and naildown those costs to simply near to 1% or 2%? I wish to take the full advantage of internet and stream line several actions in the realestate market not only listing and data but also naildown the lot extra money trasnfer.

A realtor :- Just open the lock and tour the house and throw the 14 pages offer after we signed.

Escrow:- Almost 10K plus closing costs.

My thoughts appear to be bit ruide but still I believe we are not yet taken full advantage of internet. The funny thing is today if you refinance the same house with same lender still you need to ponder a lot money for same title with the same lender – but why ? where is the work that involved that much money to submit after all refinance with in the same lender with same data.

[5yearwaiter]

[quote=hipmatt]I think the next great bubble will be massive US inflation and a weakening US dollar. [/quote]

Hipmatt as per your scenario… where would be housing or house prices during this inflated scenario? do you think 500K house would be several millions by that time in US or it would be much lower and no buyer due to the fact there is no money just to survive and many houses will be foreclosed or just throw away !!

[5yearwaiter]

[quote=hipmatt]I think the next great bubble will be massive US inflation and a weakening US dollar. [/quote]

Hipmatt as per your scenario… where would be housing or house prices during this inflated scenario? do you think 500K house would be several millions by that time in US or it would be much lower and no buyer due to the fact there is no money just to survive and many houses will be foreclosed or just throw away !!

[5yearwaiter]

[quote=hipmatt]I think the next great bubble will be massive US inflation and a weakening US dollar. [/quote]

Hipmatt as per your scenario… where would be housing or house prices during this inflated scenario? do you think 500K house would be several millions by that time in US or it would be much lower and no buyer due to the fact there is no money just to survive and many houses will be foreclosed or just throw away !!

[5yearwaiter]

[quote=hipmatt]I think the next great bubble will be massive US inflation and a weakening US dollar. [/quote]

Hipmatt as per your scenario… where would be housing or house prices during this inflated scenario? do you think 500K house would be several millions by that time in US or it would be much lower and no buyer due to the fact there is no money just to survive and many houses will be foreclosed or just throw away !!

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