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bearishgurl
Participant[quote=northparkbuyer]Does anybody reading Piggington know if these folks typically make a cash for keys offer?[/quote]
northparkbuyer, if you don’t mind my asking, are you a friend or relative of the occupant of this property? You seem to be very concerned about their welfare, hence the title of your thread “Eviction.”
bearishgurl
Participant[quote=northparkbuyer]Does anybody reading Piggington know if these folks typically make a cash for keys offer?[/quote]
northparkbuyer, if you don’t mind my asking, are you a friend or relative of the occupant of this property? You seem to be very concerned about their welfare, hence the title of your thread “Eviction.”
bearishgurl
Participant[quote=davelj] . . . Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”[/quote](emphasis added)
You nailed the dynamic, davelj, in lawyer/client relationships. An experienced lawyer is typically far more sophisticated that his/her client. (Can’t say the same for RE agents because the educational bar is very low to enter the field so many in this field ARE truly ignorant.)
FREQUENTLY, a client retains a lawyer because he has an insurmountable problem. The clients expects the lawyer to pick up all the pieces and “clean up” his/her mess or “make him whole again.” Meanwhile, client’s daily behavior that got him/her into the mess to begin with DOES NOT CHANGE, so their mess gets worse, ALL THE WHILE his/her lawyer is attempting to “FIX” it.
I often visit an office where the sole practitioner handles bankruptcies. He gets several calls daily from persons who “think they” want to file a Chapter 7 liquidation. THE FIRST THINGS HE ASKS A POTENTIAL CLIENT ON THE PHONE IS, “When is the last time your borrowed $$? When is the last time you used a credit card? Did you take `cash-out’ of that refinancing? Have you borrowed ANY MONEY or USED ANY CREDIT in the last 12 months??”
I frequently hear people crying and yelling at him on the other side of the phone when he tells them about the *new* “one-year look-back” period. His “typical caller” actually THOUGHT they could do a cash-out refi in 2009, buy a boat and take vacations with the proceeds and let all their other creditors rot in h@ll, all while using their credit cards up until yesterday and then just file a Chapter 7 and have it all instantly discharged. Most also believe they can keep all their “toys” after a Chap. 7 (RV, boat, trailers, motorcycle, ATV’s, jet skis, multiple vehs, etc). It’s incredulous!
He has to tell most of them they don’t qualify for a Chap. 7 (b/c it would be dismissed) but can file a Chap. 13 and explains what that is. Most are not interested in this so just hang up.
bearishgurl
Participant[quote=davelj] . . . Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”[/quote](emphasis added)
You nailed the dynamic, davelj, in lawyer/client relationships. An experienced lawyer is typically far more sophisticated that his/her client. (Can’t say the same for RE agents because the educational bar is very low to enter the field so many in this field ARE truly ignorant.)
FREQUENTLY, a client retains a lawyer because he has an insurmountable problem. The clients expects the lawyer to pick up all the pieces and “clean up” his/her mess or “make him whole again.” Meanwhile, client’s daily behavior that got him/her into the mess to begin with DOES NOT CHANGE, so their mess gets worse, ALL THE WHILE his/her lawyer is attempting to “FIX” it.
I often visit an office where the sole practitioner handles bankruptcies. He gets several calls daily from persons who “think they” want to file a Chapter 7 liquidation. THE FIRST THINGS HE ASKS A POTENTIAL CLIENT ON THE PHONE IS, “When is the last time your borrowed $$? When is the last time you used a credit card? Did you take `cash-out’ of that refinancing? Have you borrowed ANY MONEY or USED ANY CREDIT in the last 12 months??”
I frequently hear people crying and yelling at him on the other side of the phone when he tells them about the *new* “one-year look-back” period. His “typical caller” actually THOUGHT they could do a cash-out refi in 2009, buy a boat and take vacations with the proceeds and let all their other creditors rot in h@ll, all while using their credit cards up until yesterday and then just file a Chapter 7 and have it all instantly discharged. Most also believe they can keep all their “toys” after a Chap. 7 (RV, boat, trailers, motorcycle, ATV’s, jet skis, multiple vehs, etc). It’s incredulous!
He has to tell most of them they don’t qualify for a Chap. 7 (b/c it would be dismissed) but can file a Chap. 13 and explains what that is. Most are not interested in this so just hang up.
bearishgurl
Participant[quote=davelj] . . . Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”[/quote](emphasis added)
You nailed the dynamic, davelj, in lawyer/client relationships. An experienced lawyer is typically far more sophisticated that his/her client. (Can’t say the same for RE agents because the educational bar is very low to enter the field so many in this field ARE truly ignorant.)
FREQUENTLY, a client retains a lawyer because he has an insurmountable problem. The clients expects the lawyer to pick up all the pieces and “clean up” his/her mess or “make him whole again.” Meanwhile, client’s daily behavior that got him/her into the mess to begin with DOES NOT CHANGE, so their mess gets worse, ALL THE WHILE his/her lawyer is attempting to “FIX” it.
I often visit an office where the sole practitioner handles bankruptcies. He gets several calls daily from persons who “think they” want to file a Chapter 7 liquidation. THE FIRST THINGS HE ASKS A POTENTIAL CLIENT ON THE PHONE IS, “When is the last time your borrowed $$? When is the last time you used a credit card? Did you take `cash-out’ of that refinancing? Have you borrowed ANY MONEY or USED ANY CREDIT in the last 12 months??”
I frequently hear people crying and yelling at him on the other side of the phone when he tells them about the *new* “one-year look-back” period. His “typical caller” actually THOUGHT they could do a cash-out refi in 2009, buy a boat and take vacations with the proceeds and let all their other creditors rot in h@ll, all while using their credit cards up until yesterday and then just file a Chapter 7 and have it all instantly discharged. Most also believe they can keep all their “toys” after a Chap. 7 (RV, boat, trailers, motorcycle, ATV’s, jet skis, multiple vehs, etc). It’s incredulous!
He has to tell most of them they don’t qualify for a Chap. 7 (b/c it would be dismissed) but can file a Chap. 13 and explains what that is. Most are not interested in this so just hang up.
bearishgurl
Participant[quote=davelj] . . . Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”[/quote](emphasis added)
You nailed the dynamic, davelj, in lawyer/client relationships. An experienced lawyer is typically far more sophisticated that his/her client. (Can’t say the same for RE agents because the educational bar is very low to enter the field so many in this field ARE truly ignorant.)
FREQUENTLY, a client retains a lawyer because he has an insurmountable problem. The clients expects the lawyer to pick up all the pieces and “clean up” his/her mess or “make him whole again.” Meanwhile, client’s daily behavior that got him/her into the mess to begin with DOES NOT CHANGE, so their mess gets worse, ALL THE WHILE his/her lawyer is attempting to “FIX” it.
I often visit an office where the sole practitioner handles bankruptcies. He gets several calls daily from persons who “think they” want to file a Chapter 7 liquidation. THE FIRST THINGS HE ASKS A POTENTIAL CLIENT ON THE PHONE IS, “When is the last time your borrowed $$? When is the last time you used a credit card? Did you take `cash-out’ of that refinancing? Have you borrowed ANY MONEY or USED ANY CREDIT in the last 12 months??”
I frequently hear people crying and yelling at him on the other side of the phone when he tells them about the *new* “one-year look-back” period. His “typical caller” actually THOUGHT they could do a cash-out refi in 2009, buy a boat and take vacations with the proceeds and let all their other creditors rot in h@ll, all while using their credit cards up until yesterday and then just file a Chapter 7 and have it all instantly discharged. Most also believe they can keep all their “toys” after a Chap. 7 (RV, boat, trailers, motorcycle, ATV’s, jet skis, multiple vehs, etc). It’s incredulous!
He has to tell most of them they don’t qualify for a Chap. 7 (b/c it would be dismissed) but can file a Chap. 13 and explains what that is. Most are not interested in this so just hang up.
bearishgurl
Participant[quote=davelj] . . . Client control cuts both ways. Sometimes it’s in your client’s best interests to back away from a transaction. Sometimes the client’s being idiotic and can’t pull the trigger on a deal that’s clearly beneficial. The larger the gap in sophistication between the client and its counsel, the bigger the problems with “control.”[/quote](emphasis added)
You nailed the dynamic, davelj, in lawyer/client relationships. An experienced lawyer is typically far more sophisticated that his/her client. (Can’t say the same for RE agents because the educational bar is very low to enter the field so many in this field ARE truly ignorant.)
FREQUENTLY, a client retains a lawyer because he has an insurmountable problem. The clients expects the lawyer to pick up all the pieces and “clean up” his/her mess or “make him whole again.” Meanwhile, client’s daily behavior that got him/her into the mess to begin with DOES NOT CHANGE, so their mess gets worse, ALL THE WHILE his/her lawyer is attempting to “FIX” it.
I often visit an office where the sole practitioner handles bankruptcies. He gets several calls daily from persons who “think they” want to file a Chapter 7 liquidation. THE FIRST THINGS HE ASKS A POTENTIAL CLIENT ON THE PHONE IS, “When is the last time your borrowed $$? When is the last time you used a credit card? Did you take `cash-out’ of that refinancing? Have you borrowed ANY MONEY or USED ANY CREDIT in the last 12 months??”
I frequently hear people crying and yelling at him on the other side of the phone when he tells them about the *new* “one-year look-back” period. His “typical caller” actually THOUGHT they could do a cash-out refi in 2009, buy a boat and take vacations with the proceeds and let all their other creditors rot in h@ll, all while using their credit cards up until yesterday and then just file a Chapter 7 and have it all instantly discharged. Most also believe they can keep all their “toys” after a Chap. 7 (RV, boat, trailers, motorcycle, ATV’s, jet skis, multiple vehs, etc). It’s incredulous!
He has to tell most of them they don’t qualify for a Chap. 7 (b/c it would be dismissed) but can file a Chap. 13 and explains what that is. Most are not interested in this so just hang up.
bearishgurl
ParticipantI have refused to work with buyers that have run amok and/or will not sign a Buyer/Broker agency agreement with me. I would typically use my extensive RE knowledge and intimate knowledge of particular areas and tracts to assist them in getting the best deal and likewise, I insist on loyalty to me.
In short, I will not tolerate wayward buyers and will not work with them.
A few of the very established agents around me will not list a property unless the seller signs an agreement that they will use the agent’s cleaning/staging company to stage the property first because most sellers have an “emotional investment” in too much stuff (and think everyone else wants to look at it, too. The banks are cleaning and rehabbing their cosmetic fixers as fierce competition, causing these agents to control their sellers more these days.
Pithy-scaredy, I have personally seen several established lawyers drop clients who do things to piss off judges when they have already been warned and also unmotivated or apathetic clients who will not hold up their end to help themselves or mitigate their own damages, even if they are paying clients.
I don’t blame them for doing so as the aggravation in dealing with a recalcitrant client over an extended period of time is not really worth the money.
bearishgurl
ParticipantI have refused to work with buyers that have run amok and/or will not sign a Buyer/Broker agency agreement with me. I would typically use my extensive RE knowledge and intimate knowledge of particular areas and tracts to assist them in getting the best deal and likewise, I insist on loyalty to me.
In short, I will not tolerate wayward buyers and will not work with them.
A few of the very established agents around me will not list a property unless the seller signs an agreement that they will use the agent’s cleaning/staging company to stage the property first because most sellers have an “emotional investment” in too much stuff (and think everyone else wants to look at it, too. The banks are cleaning and rehabbing their cosmetic fixers as fierce competition, causing these agents to control their sellers more these days.
Pithy-scaredy, I have personally seen several established lawyers drop clients who do things to piss off judges when they have already been warned and also unmotivated or apathetic clients who will not hold up their end to help themselves or mitigate their own damages, even if they are paying clients.
I don’t blame them for doing so as the aggravation in dealing with a recalcitrant client over an extended period of time is not really worth the money.
bearishgurl
ParticipantI have refused to work with buyers that have run amok and/or will not sign a Buyer/Broker agency agreement with me. I would typically use my extensive RE knowledge and intimate knowledge of particular areas and tracts to assist them in getting the best deal and likewise, I insist on loyalty to me.
In short, I will not tolerate wayward buyers and will not work with them.
A few of the very established agents around me will not list a property unless the seller signs an agreement that they will use the agent’s cleaning/staging company to stage the property first because most sellers have an “emotional investment” in too much stuff (and think everyone else wants to look at it, too. The banks are cleaning and rehabbing their cosmetic fixers as fierce competition, causing these agents to control their sellers more these days.
Pithy-scaredy, I have personally seen several established lawyers drop clients who do things to piss off judges when they have already been warned and also unmotivated or apathetic clients who will not hold up their end to help themselves or mitigate their own damages, even if they are paying clients.
I don’t blame them for doing so as the aggravation in dealing with a recalcitrant client over an extended period of time is not really worth the money.
bearishgurl
ParticipantI have refused to work with buyers that have run amok and/or will not sign a Buyer/Broker agency agreement with me. I would typically use my extensive RE knowledge and intimate knowledge of particular areas and tracts to assist them in getting the best deal and likewise, I insist on loyalty to me.
In short, I will not tolerate wayward buyers and will not work with them.
A few of the very established agents around me will not list a property unless the seller signs an agreement that they will use the agent’s cleaning/staging company to stage the property first because most sellers have an “emotional investment” in too much stuff (and think everyone else wants to look at it, too. The banks are cleaning and rehabbing their cosmetic fixers as fierce competition, causing these agents to control their sellers more these days.
Pithy-scaredy, I have personally seen several established lawyers drop clients who do things to piss off judges when they have already been warned and also unmotivated or apathetic clients who will not hold up their end to help themselves or mitigate their own damages, even if they are paying clients.
I don’t blame them for doing so as the aggravation in dealing with a recalcitrant client over an extended period of time is not really worth the money.
bearishgurl
ParticipantI have refused to work with buyers that have run amok and/or will not sign a Buyer/Broker agency agreement with me. I would typically use my extensive RE knowledge and intimate knowledge of particular areas and tracts to assist them in getting the best deal and likewise, I insist on loyalty to me.
In short, I will not tolerate wayward buyers and will not work with them.
A few of the very established agents around me will not list a property unless the seller signs an agreement that they will use the agent’s cleaning/staging company to stage the property first because most sellers have an “emotional investment” in too much stuff (and think everyone else wants to look at it, too. The banks are cleaning and rehabbing their cosmetic fixers as fierce competition, causing these agents to control their sellers more these days.
Pithy-scaredy, I have personally seen several established lawyers drop clients who do things to piss off judges when they have already been warned and also unmotivated or apathetic clients who will not hold up their end to help themselves or mitigate their own damages, even if they are paying clients.
I don’t blame them for doing so as the aggravation in dealing with a recalcitrant client over an extended period of time is not really worth the money.
bearishgurl
ParticipantWow, recordsclerk . . . $629K? How accurate on values has “Foreclosure Radar” been in the past??
IMO, east of I-805 is NOT NEARLY as desirable as west of 805. If the property was near Morley Field or South Park/Burlingame, I could maybe see this value, but NOT block(s) or less than a mile from City Heights or even across the canyon from Hollywood Park and NOT for that size lot.
Power to the Flipper!!
bearishgurl
ParticipantWow, recordsclerk . . . $629K? How accurate on values has “Foreclosure Radar” been in the past??
IMO, east of I-805 is NOT NEARLY as desirable as west of 805. If the property was near Morley Field or South Park/Burlingame, I could maybe see this value, but NOT block(s) or less than a mile from City Heights or even across the canyon from Hollywood Park and NOT for that size lot.
Power to the Flipper!!
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