[SD Realtor]

ok eugene… you got me to crack up on the pony ride comments.

[SD Realtor]

ok eugene… you got me to crack up on the pony ride comments.

[SD Realtor]

ok eugene… you got me to crack up on the pony ride comments.

[SD Realtor]

ok eugene… you got me to crack up on the pony ride comments.

[SD Realtor]

You can look them up no problem as UCGAL said.

One issue that people run into is confusing the lien recorded by the originator of the loan with who the loan has been sold to or is serviced by. Finding that out is much more complex and has nothing to do with the recording.

[SD Realtor]

You can look them up no problem as UCGAL said.

One issue that people run into is confusing the lien recorded by the originator of the loan with who the loan has been sold to or is serviced by. Finding that out is much more complex and has nothing to do with the recording.

[SD Realtor]

You can look them up no problem as UCGAL said.

One issue that people run into is confusing the lien recorded by the originator of the loan with who the loan has been sold to or is serviced by. Finding that out is much more complex and has nothing to do with the recording.

[SD Realtor]

You can look them up no problem as UCGAL said.

One issue that people run into is confusing the lien recorded by the originator of the loan with who the loan has been sold to or is serviced by. Finding that out is much more complex and has nothing to do with the recording.

[SD Realtor]

You can look them up no problem as UCGAL said.

One issue that people run into is confusing the lien recorded by the originator of the loan with who the loan has been sold to or is serviced by. Finding that out is much more complex and has nothing to do with the recording.

[SD Realtor]

Your case is not out of the ordinary. The second lender doesn’t care where they get the money. It can come from the seller, it can come from the first lender, it can come from you. They just want the money.

Since the first will not pay it, and the seller will not pay it, then you are next on the list.

**********

It is in all likelihood legit…. When you close escrow, where all the money went will be on the HUD report including which lender got what monies.

**********

Think about it this way, each lender is owed money. There are no gaurantees, (with the way short sales are done now) what EACH lender will accept as a payoff. If anyone ever implied to you otherwise they were incorrect. Your offer was submitted to each lender and each lender responded with a response. You were not defrauded at all. Did anyone ever imply to you that each lender would simply take what you offered?

**********

Your recourse is as follows:

1 – You agree to pony up and pay the second off the 20k you like.

2 – You make an offer, maybe to pay half of it and ask the agents to kick in some of their commissions and maybe the sellers as well.

3 – You ask your agent to ask the listing agent to demand that the first lender payout more of their proceeds to the second lender.

4 – You call their bluff and walk.

************

Note that the second is playing a poker game right? If the home goes to foreclosure the second gets screwed and gets nothing. So would they rather have a few thousand bucks or get nothing? Unfortunately the market is so crazy here in town that more then likely someone will pony up the money if you do not want to. That is the risk the second lender is willing to take.

************

I am sorry to be blunt but it is the way the market is right now out here. It frustrates all parties involved as well.

Unfortunately I do not believe anyone has defrauded you in any manner.

[SD Realtor]

Your case is not out of the ordinary. The second lender doesn’t care where they get the money. It can come from the seller, it can come from the first lender, it can come from you. They just want the money.

Since the first will not pay it, and the seller will not pay it, then you are next on the list.

**********

It is in all likelihood legit…. When you close escrow, where all the money went will be on the HUD report including which lender got what monies.

**********

Think about it this way, each lender is owed money. There are no gaurantees, (with the way short sales are done now) what EACH lender will accept as a payoff. If anyone ever implied to you otherwise they were incorrect. Your offer was submitted to each lender and each lender responded with a response. You were not defrauded at all. Did anyone ever imply to you that each lender would simply take what you offered?

**********

Your recourse is as follows:

1 – You agree to pony up and pay the second off the 20k you like.

2 – You make an offer, maybe to pay half of it and ask the agents to kick in some of their commissions and maybe the sellers as well.

3 – You ask your agent to ask the listing agent to demand that the first lender payout more of their proceeds to the second lender.

4 – You call their bluff and walk.

************

Note that the second is playing a poker game right? If the home goes to foreclosure the second gets screwed and gets nothing. So would they rather have a few thousand bucks or get nothing? Unfortunately the market is so crazy here in town that more then likely someone will pony up the money if you do not want to. That is the risk the second lender is willing to take.

************

I am sorry to be blunt but it is the way the market is right now out here. It frustrates all parties involved as well.

Unfortunately I do not believe anyone has defrauded you in any manner.

[SD Realtor]

Your case is not out of the ordinary. The second lender doesn’t care where they get the money. It can come from the seller, it can come from the first lender, it can come from you. They just want the money.

Since the first will not pay it, and the seller will not pay it, then you are next on the list.

**********

It is in all likelihood legit…. When you close escrow, where all the money went will be on the HUD report including which lender got what monies.

**********

Think about it this way, each lender is owed money. There are no gaurantees, (with the way short sales are done now) what EACH lender will accept as a payoff. If anyone ever implied to you otherwise they were incorrect. Your offer was submitted to each lender and each lender responded with a response. You were not defrauded at all. Did anyone ever imply to you that each lender would simply take what you offered?

**********

Your recourse is as follows:

1 – You agree to pony up and pay the second off the 20k you like.

2 – You make an offer, maybe to pay half of it and ask the agents to kick in some of their commissions and maybe the sellers as well.

3 – You ask your agent to ask the listing agent to demand that the first lender payout more of their proceeds to the second lender.

4 – You call their bluff and walk.

************

Note that the second is playing a poker game right? If the home goes to foreclosure the second gets screwed and gets nothing. So would they rather have a few thousand bucks or get nothing? Unfortunately the market is so crazy here in town that more then likely someone will pony up the money if you do not want to. That is the risk the second lender is willing to take.

************

I am sorry to be blunt but it is the way the market is right now out here. It frustrates all parties involved as well.

Unfortunately I do not believe anyone has defrauded you in any manner.

[SD Realtor]

Your case is not out of the ordinary. The second lender doesn’t care where they get the money. It can come from the seller, it can come from the first lender, it can come from you. They just want the money.

Since the first will not pay it, and the seller will not pay it, then you are next on the list.

**********

It is in all likelihood legit…. When you close escrow, where all the money went will be on the HUD report including which lender got what monies.

**********

Think about it this way, each lender is owed money. There are no gaurantees, (with the way short sales are done now) what EACH lender will accept as a payoff. If anyone ever implied to you otherwise they were incorrect. Your offer was submitted to each lender and each lender responded with a response. You were not defrauded at all. Did anyone ever imply to you that each lender would simply take what you offered?

**********

Your recourse is as follows:

1 – You agree to pony up and pay the second off the 20k you like.

2 – You make an offer, maybe to pay half of it and ask the agents to kick in some of their commissions and maybe the sellers as well.

3 – You ask your agent to ask the listing agent to demand that the first lender payout more of their proceeds to the second lender.

4 – You call their bluff and walk.

************

Note that the second is playing a poker game right? If the home goes to foreclosure the second gets screwed and gets nothing. So would they rather have a few thousand bucks or get nothing? Unfortunately the market is so crazy here in town that more then likely someone will pony up the money if you do not want to. That is the risk the second lender is willing to take.

************

I am sorry to be blunt but it is the way the market is right now out here. It frustrates all parties involved as well.

Unfortunately I do not believe anyone has defrauded you in any manner.

[SD Realtor]

Your case is not out of the ordinary. The second lender doesn’t care where they get the money. It can come from the seller, it can come from the first lender, it can come from you. They just want the money.

Since the first will not pay it, and the seller will not pay it, then you are next on the list.

**********

It is in all likelihood legit…. When you close escrow, where all the money went will be on the HUD report including which lender got what monies.

**********

Think about it this way, each lender is owed money. There are no gaurantees, (with the way short sales are done now) what EACH lender will accept as a payoff. If anyone ever implied to you otherwise they were incorrect. Your offer was submitted to each lender and each lender responded with a response. You were not defrauded at all. Did anyone ever imply to you that each lender would simply take what you offered?

**********

Your recourse is as follows:

1 – You agree to pony up and pay the second off the 20k you like.

2 – You make an offer, maybe to pay half of it and ask the agents to kick in some of their commissions and maybe the sellers as well.

3 – You ask your agent to ask the listing agent to demand that the first lender payout more of their proceeds to the second lender.

4 – You call their bluff and walk.

************

Note that the second is playing a poker game right? If the home goes to foreclosure the second gets screwed and gets nothing. So would they rather have a few thousand bucks or get nothing? Unfortunately the market is so crazy here in town that more then likely someone will pony up the money if you do not want to. That is the risk the second lender is willing to take.

************

I am sorry to be blunt but it is the way the market is right now out here. It frustrates all parties involved as well.

Unfortunately I do not believe anyone has defrauded you in any manner.

[SD Realtor]

Okay Brian

Since you seem to know so much about how appraisers work, why don’t you tell me how many appraisers you have personally worked with. Let me know how many of them dig through the county records to find useful comps.

The ones I have dealt with in my experience use the MLS. They may cross check whatever they are using with the county records but that is never a starting point. Furthermore when they find a data point that is way out of whack, they do not use it or they note it is an exception.

When you make an insinuation that this property could be used as a comp that an insult not to people who know about real estate but it lowers the bar for the entire blog.

*************

Additionally these people did record the sale. You got what you are entitled to Brian, a recorded sale. What irritates you is that you feel entitled to know the details of the transaction. Rather then think there are reasonable explanations you immediately feel it is your business to know because it doesn’t fit the data set. Why that is, I am not sure. Could it be that this person sold to a family member or a friend? Could it be that there is an explanation for it? Regardless of whether the reason is legal or not, why are you entitled to know the underlying circumstances? Is it your job? Are you an IRS agent? Are you an appraiser?

You see, the point here is that the data point not only does not fit the data set, it is so far from the data set, that it doesn’t matter. For you to cry about entitlement to find out the details is odd to me. What is more scary is that it is not a leap of faith to go from wanting to know the details about this sort of stuff, to wanting to know more details about other purchases, or other aspects of our lives that frankly are personal and to this point still gauranteed by our right to privacy.

[Author]

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