[SellingMyHome]

[quote=Russell] Most Realtors are going to be excessively inclined to being milk toasty about how stupid and greedy FB’s are(even if you were neither). They need to ingratiate themselves with potential short-sellers. So, you could say they are humoring you and maybe you are humoring yourself too.[/quote]

I’m not trying to humor myself, I’m weighing my decision now as a business decision. I’m still not fully decided.

[SellingMyHome]

[quote=Russell] Most Realtors are going to be excessively inclined to being milk toasty about how stupid and greedy FB’s are(even if you were neither). They need to ingratiate themselves with potential short-sellers. So, you could say they are humoring you and maybe you are humoring yourself too.[/quote]

I’m not trying to humor myself, I’m weighing my decision now as a business decision. I’m still not fully decided.

[SellingMyHome]

[quote=Russell] Most Realtors are going to be excessively inclined to being milk toasty about how stupid and greedy FB’s are(even if you were neither). They need to ingratiate themselves with potential short-sellers. So, you could say they are humoring you and maybe you are humoring yourself too.[/quote]

I’m not trying to humor myself, I’m weighing my decision now as a business decision. I’m still not fully decided.

[SellingMyHome]

I personally didn’t take out money to buy crap or pay other debt, I used it to fix up my house. Back then I thought I could spend some money on the house, sell it for a little profit, and buy a newer bigger house for my family. Not flipping, just hoping to move up a little.

That dream died about two years ago! Now here I sit underwater. DON’T PITY me though.

This post is in the other topics, so I should grow a spine and allow you all to vent, sorry! If you have some advice for me, please go back to my post.

[SellingMyHome]

I personally didn’t take out money to buy crap or pay other debt, I used it to fix up my house. Back then I thought I could spend some money on the house, sell it for a little profit, and buy a newer bigger house for my family. Not flipping, just hoping to move up a little.

That dream died about two years ago! Now here I sit underwater. DON’T PITY me though.

This post is in the other topics, so I should grow a spine and allow you all to vent, sorry! If you have some advice for me, please go back to my post.

[SellingMyHome]

I personally didn’t take out money to buy crap or pay other debt, I used it to fix up my house. Back then I thought I could spend some money on the house, sell it for a little profit, and buy a newer bigger house for my family. Not flipping, just hoping to move up a little.

That dream died about two years ago! Now here I sit underwater. DON’T PITY me though.

This post is in the other topics, so I should grow a spine and allow you all to vent, sorry! If you have some advice for me, please go back to my post.

[SellingMyHome]

I personally didn’t take out money to buy crap or pay other debt, I used it to fix up my house. Back then I thought I could spend some money on the house, sell it for a little profit, and buy a newer bigger house for my family. Not flipping, just hoping to move up a little.

That dream died about two years ago! Now here I sit underwater. DON’T PITY me though.

This post is in the other topics, so I should grow a spine and allow you all to vent, sorry! If you have some advice for me, please go back to my post.

[SellingMyHome]

I personally didn’t take out money to buy crap or pay other debt, I used it to fix up my house. Back then I thought I could spend some money on the house, sell it for a little profit, and buy a newer bigger house for my family. Not flipping, just hoping to move up a little.

That dream died about two years ago! Now here I sit underwater. DON’T PITY me though.

This post is in the other topics, so I should grow a spine and allow you all to vent, sorry! If you have some advice for me, please go back to my post.

[SellingMyHome]

We weren’t making bad choices. The banks chose to lend to us. They were greedy. Giving loans without income proof?

The banks’ greed is to blame for this, and the government’s lack of regulation allowed it.

Is my choice to short sell going to drive up prices and ruin the market? No way. Prove it.

Many people wanted the dream of home ownership, is that wrong? Now I find that I can save thousands of dollars a year by renting instead of owning this house whose value was allowed to fall because of bank’s greed.

Their decisions are financial, never moral; so will my decision be.

That’s all I asked in my post, is it financially feasible and/or responsible. I wasn’t looking for a morality lesson, and certainly not your pity!

Again, thanks to those with advice. For those with snide comments to me or to the realtors here actually offering advice, blow off!

And, please: GO CHARGERS!

[SellingMyHome]

We weren’t making bad choices. The banks chose to lend to us. They were greedy. Giving loans without income proof?

The banks’ greed is to blame for this, and the government’s lack of regulation allowed it.

Is my choice to short sell going to drive up prices and ruin the market? No way. Prove it.

Many people wanted the dream of home ownership, is that wrong? Now I find that I can save thousands of dollars a year by renting instead of owning this house whose value was allowed to fall because of bank’s greed.

Their decisions are financial, never moral; so will my decision be.

That’s all I asked in my post, is it financially feasible and/or responsible. I wasn’t looking for a morality lesson, and certainly not your pity!

Again, thanks to those with advice. For those with snide comments to me or to the realtors here actually offering advice, blow off!

And, please: GO CHARGERS!

[SellingMyHome]

We weren’t making bad choices. The banks chose to lend to us. They were greedy. Giving loans without income proof?

The banks’ greed is to blame for this, and the government’s lack of regulation allowed it.

Is my choice to short sell going to drive up prices and ruin the market? No way. Prove it.

Many people wanted the dream of home ownership, is that wrong? Now I find that I can save thousands of dollars a year by renting instead of owning this house whose value was allowed to fall because of bank’s greed.

Their decisions are financial, never moral; so will my decision be.

That’s all I asked in my post, is it financially feasible and/or responsible. I wasn’t looking for a morality lesson, and certainly not your pity!

Again, thanks to those with advice. For those with snide comments to me or to the realtors here actually offering advice, blow off!

And, please: GO CHARGERS!

[SellingMyHome]

We weren’t making bad choices. The banks chose to lend to us. They were greedy. Giving loans without income proof?

The banks’ greed is to blame for this, and the government’s lack of regulation allowed it.

Is my choice to short sell going to drive up prices and ruin the market? No way. Prove it.

Many people wanted the dream of home ownership, is that wrong? Now I find that I can save thousands of dollars a year by renting instead of owning this house whose value was allowed to fall because of bank’s greed.

Their decisions are financial, never moral; so will my decision be.

That’s all I asked in my post, is it financially feasible and/or responsible. I wasn’t looking for a morality lesson, and certainly not your pity!

Again, thanks to those with advice. For those with snide comments to me or to the realtors here actually offering advice, blow off!

And, please: GO CHARGERS!

[SellingMyHome]

We weren’t making bad choices. The banks chose to lend to us. They were greedy. Giving loans without income proof?

The banks’ greed is to blame for this, and the government’s lack of regulation allowed it.

Is my choice to short sell going to drive up prices and ruin the market? No way. Prove it.

Many people wanted the dream of home ownership, is that wrong? Now I find that I can save thousands of dollars a year by renting instead of owning this house whose value was allowed to fall because of bank’s greed.

Their decisions are financial, never moral; so will my decision be.

That’s all I asked in my post, is it financially feasible and/or responsible. I wasn’t looking for a morality lesson, and certainly not your pity!

Again, thanks to those with advice. For those with snide comments to me or to the realtors here actually offering advice, blow off!

And, please: GO CHARGERS!

[SellingMyHome]

[quote=sdrealtor]Brian
I checked your property and you are very very very fortunate in one regard. You refinanced into a single loan and got rid of the Nat’l City/PNC second. They are the nastiest most miserable to deal with. You now have a single loan which limits your lender to one action if you stop paying which would be foreclosure and then they couldnt come after you. National City/PNC on 1sts is very very slow and you will likely be in for a 6 month ordeal or longer. Make sure they provide you with a full release as they should. I have gotten them for clients.

More than anything, have a drink and toast your good fortune in getting rid of the 2nd. If you hadnt they would have given you two options-keep servicing the debt after close of escrow or come up with about 50 cents on the dollar to settle.

And based upon who listed your property I would encourage following Sd Realtor’s advice also.[/quote]

Thanks for the good news! I still worry about my confusion as to if my loan is recourse, and what that means in terms of the lender’s options.

Just curious, how did you dig up my particulars? I have a feeling that with all the info I posted about my situation you could do it somewhere. Should I be concerned about my privacy, especially with some of the jerks that lurk on sites like these?

[SellingMyHome]

[quote=sdrealtor]Brian
I checked your property and you are very very very fortunate in one regard. You refinanced into a single loan and got rid of the Nat’l City/PNC second. They are the nastiest most miserable to deal with. You now have a single loan which limits your lender to one action if you stop paying which would be foreclosure and then they couldnt come after you. National City/PNC on 1sts is very very slow and you will likely be in for a 6 month ordeal or longer. Make sure they provide you with a full release as they should. I have gotten them for clients.

More than anything, have a drink and toast your good fortune in getting rid of the 2nd. If you hadnt they would have given you two options-keep servicing the debt after close of escrow or come up with about 50 cents on the dollar to settle.

And based upon who listed your property I would encourage following Sd Realtor’s advice also.[/quote]

Thanks for the good news! I still worry about my confusion as to if my loan is recourse, and what that means in terms of the lender’s options.

Just curious, how did you dig up my particulars? I have a feeling that with all the info I posted about my situation you could do it somewhere. Should I be concerned about my privacy, especially with some of the jerks that lurk on sites like these?

[Author]

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