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November 20, 2009 at 6:56 PM in reply to: When does it make financial sense to just dump your house??? #485102November 20, 2009 at 6:56 PM in reply to: When does it make financial sense to just dump your house??? #485477
temeculaguy
ParticipantIf we had a referee, the penalty flag, yellow card, flagrant 2, whatever penalty you want to call is clearly justified for asserting that mark hanson/mr mortgage is a respected real estate analyst. I followed that link and noticed there 26k google hits, but then added the word “wrong” at the end and it hit 1.7 million.
http://www.google.com/search?hl=en&q=mark+hanson+Mr.+mortgage+wrong&btnG=Search&aq=f&oq=&aqi=
the first hit happens to be from here
http://piggington.com/ot_mr_mortgage_where_are_you
and the third hit is his old site
http://www.fieldcheckgroup.com/2009/08/18/marks-latest-now-at-www-mhanson-com/
which has numerous comments from his own readers attacking him for being wrong and changing websites to reset his predictions, they also dislike that his new site does not have the ability for anyone to leave comments.
Even if someone sides with you rt.66, the wheels come off your argument once you reference mr mortgage. If you really want facts and examples, give me a little time, I’ve been busy but if I had a few hours I could send you his old predictions in which he was mostly wrong, maybe someone else will take the challenge. His old site blog has people wondering why he pulled his #7 video called “the quickening” from youtube because it was the only video where he made specific predictions and gave specific timelines.
On a side note, that newer foreclosure site (realquest) you posted a month ago has been passing the smell test, it’s turning out to be more accurate than the other three from my personal research. I also read a news story that they were the data engine behind some of the other sites and got into some legal/finacial squabbles with those sites so went on their own. My spot checks have shown them to take down bad data pretty quick, I’ll keep checking it here and there, but so far, thumbs up.
November 20, 2009 at 6:56 PM in reply to: When does it make financial sense to just dump your house??? #485562temeculaguy
ParticipantIf we had a referee, the penalty flag, yellow card, flagrant 2, whatever penalty you want to call is clearly justified for asserting that mark hanson/mr mortgage is a respected real estate analyst. I followed that link and noticed there 26k google hits, but then added the word “wrong” at the end and it hit 1.7 million.
http://www.google.com/search?hl=en&q=mark+hanson+Mr.+mortgage+wrong&btnG=Search&aq=f&oq=&aqi=
the first hit happens to be from here
http://piggington.com/ot_mr_mortgage_where_are_you
and the third hit is his old site
http://www.fieldcheckgroup.com/2009/08/18/marks-latest-now-at-www-mhanson-com/
which has numerous comments from his own readers attacking him for being wrong and changing websites to reset his predictions, they also dislike that his new site does not have the ability for anyone to leave comments.
Even if someone sides with you rt.66, the wheels come off your argument once you reference mr mortgage. If you really want facts and examples, give me a little time, I’ve been busy but if I had a few hours I could send you his old predictions in which he was mostly wrong, maybe someone else will take the challenge. His old site blog has people wondering why he pulled his #7 video called “the quickening” from youtube because it was the only video where he made specific predictions and gave specific timelines.
On a side note, that newer foreclosure site (realquest) you posted a month ago has been passing the smell test, it’s turning out to be more accurate than the other three from my personal research. I also read a news story that they were the data engine behind some of the other sites and got into some legal/finacial squabbles with those sites so went on their own. My spot checks have shown them to take down bad data pretty quick, I’ll keep checking it here and there, but so far, thumbs up.
November 20, 2009 at 6:56 PM in reply to: When does it make financial sense to just dump your house??? #485791temeculaguy
ParticipantIf we had a referee, the penalty flag, yellow card, flagrant 2, whatever penalty you want to call is clearly justified for asserting that mark hanson/mr mortgage is a respected real estate analyst. I followed that link and noticed there 26k google hits, but then added the word “wrong” at the end and it hit 1.7 million.
http://www.google.com/search?hl=en&q=mark+hanson+Mr.+mortgage+wrong&btnG=Search&aq=f&oq=&aqi=
the first hit happens to be from here
http://piggington.com/ot_mr_mortgage_where_are_you
and the third hit is his old site
http://www.fieldcheckgroup.com/2009/08/18/marks-latest-now-at-www-mhanson-com/
which has numerous comments from his own readers attacking him for being wrong and changing websites to reset his predictions, they also dislike that his new site does not have the ability for anyone to leave comments.
Even if someone sides with you rt.66, the wheels come off your argument once you reference mr mortgage. If you really want facts and examples, give me a little time, I’ve been busy but if I had a few hours I could send you his old predictions in which he was mostly wrong, maybe someone else will take the challenge. His old site blog has people wondering why he pulled his #7 video called “the quickening” from youtube because it was the only video where he made specific predictions and gave specific timelines.
On a side note, that newer foreclosure site (realquest) you posted a month ago has been passing the smell test, it’s turning out to be more accurate than the other three from my personal research. I also read a news story that they were the data engine behind some of the other sites and got into some legal/finacial squabbles with those sites so went on their own. My spot checks have shown them to take down bad data pretty quick, I’ll keep checking it here and there, but so far, thumbs up.
temeculaguy
ParticipantI can’t wait for this economic downturn to end so people will stop envying math teachers. I couldn’t imagine trying to live in the OC on 70k. With a degree, he probably regrets his career choice as far as pay goes for 8 out of every 10 years, it just looks good right now but over the long haul, the pay will always be it’s major detractor as a career choice.
Who cares what anyone gets paid, their work hours and their job compared to yours. Make a list of the ten jobs you think are easy and overcompensated, then go be one of those.
If being a math teacher was such a great gig, then why aren’t people lining up to be one, except for during economic meltdowns, they are begging for teachers.
temeculaguy
ParticipantI can’t wait for this economic downturn to end so people will stop envying math teachers. I couldn’t imagine trying to live in the OC on 70k. With a degree, he probably regrets his career choice as far as pay goes for 8 out of every 10 years, it just looks good right now but over the long haul, the pay will always be it’s major detractor as a career choice.
Who cares what anyone gets paid, their work hours and their job compared to yours. Make a list of the ten jobs you think are easy and overcompensated, then go be one of those.
If being a math teacher was such a great gig, then why aren’t people lining up to be one, except for during economic meltdowns, they are begging for teachers.
temeculaguy
ParticipantI can’t wait for this economic downturn to end so people will stop envying math teachers. I couldn’t imagine trying to live in the OC on 70k. With a degree, he probably regrets his career choice as far as pay goes for 8 out of every 10 years, it just looks good right now but over the long haul, the pay will always be it’s major detractor as a career choice.
Who cares what anyone gets paid, their work hours and their job compared to yours. Make a list of the ten jobs you think are easy and overcompensated, then go be one of those.
If being a math teacher was such a great gig, then why aren’t people lining up to be one, except for during economic meltdowns, they are begging for teachers.
temeculaguy
ParticipantI can’t wait for this economic downturn to end so people will stop envying math teachers. I couldn’t imagine trying to live in the OC on 70k. With a degree, he probably regrets his career choice as far as pay goes for 8 out of every 10 years, it just looks good right now but over the long haul, the pay will always be it’s major detractor as a career choice.
Who cares what anyone gets paid, their work hours and their job compared to yours. Make a list of the ten jobs you think are easy and overcompensated, then go be one of those.
If being a math teacher was such a great gig, then why aren’t people lining up to be one, except for during economic meltdowns, they are begging for teachers.
temeculaguy
ParticipantI can’t wait for this economic downturn to end so people will stop envying math teachers. I couldn’t imagine trying to live in the OC on 70k. With a degree, he probably regrets his career choice as far as pay goes for 8 out of every 10 years, it just looks good right now but over the long haul, the pay will always be it’s major detractor as a career choice.
Who cares what anyone gets paid, their work hours and their job compared to yours. Make a list of the ten jobs you think are easy and overcompensated, then go be one of those.
If being a math teacher was such a great gig, then why aren’t people lining up to be one, except for during economic meltdowns, they are begging for teachers.
temeculaguy
ParticipantEffective Demand, I absolutely love your approach and your lease addendums. I encourage everyone to use them and to use your explanations as to why they are fair to both sides. Most mom and pop landlords would accept those terms with those explanations, they don’t indicate that you want anything for free but that you don’t want to be taken advantage of. The terms should weed out bad landlords all by themselves. The one landlord that I truly admired was fair to me and I was to them, unfortunately I had to luck into that relationship and it was a rare example. You have freely shared a plan to make your own luck, thanks. When I do buy a rental and become a landlord, I think i will add those addendums without being asked and may even figure out a way to advertise them beforehand, I think many renters would be swayed towards renting one place over another if they had some form of foreclosure protection and a more defined penaltly if they chose to buy or needed to move. Let’s hope you have started a trned with a few strokes of a keyboard.
I hope your post isn’t too late in the thread to be read my many because it is an important piece of advice. I also want to commend you on displaying the true nature of this website, sharing information to make a stranger’s life better. Your Karma bucket is now full, may you be rewarded twentyfold.
temeculaguy
ParticipantEffective Demand, I absolutely love your approach and your lease addendums. I encourage everyone to use them and to use your explanations as to why they are fair to both sides. Most mom and pop landlords would accept those terms with those explanations, they don’t indicate that you want anything for free but that you don’t want to be taken advantage of. The terms should weed out bad landlords all by themselves. The one landlord that I truly admired was fair to me and I was to them, unfortunately I had to luck into that relationship and it was a rare example. You have freely shared a plan to make your own luck, thanks. When I do buy a rental and become a landlord, I think i will add those addendums without being asked and may even figure out a way to advertise them beforehand, I think many renters would be swayed towards renting one place over another if they had some form of foreclosure protection and a more defined penaltly if they chose to buy or needed to move. Let’s hope you have started a trned with a few strokes of a keyboard.
I hope your post isn’t too late in the thread to be read my many because it is an important piece of advice. I also want to commend you on displaying the true nature of this website, sharing information to make a stranger’s life better. Your Karma bucket is now full, may you be rewarded twentyfold.
temeculaguy
ParticipantEffective Demand, I absolutely love your approach and your lease addendums. I encourage everyone to use them and to use your explanations as to why they are fair to both sides. Most mom and pop landlords would accept those terms with those explanations, they don’t indicate that you want anything for free but that you don’t want to be taken advantage of. The terms should weed out bad landlords all by themselves. The one landlord that I truly admired was fair to me and I was to them, unfortunately I had to luck into that relationship and it was a rare example. You have freely shared a plan to make your own luck, thanks. When I do buy a rental and become a landlord, I think i will add those addendums without being asked and may even figure out a way to advertise them beforehand, I think many renters would be swayed towards renting one place over another if they had some form of foreclosure protection and a more defined penaltly if they chose to buy or needed to move. Let’s hope you have started a trned with a few strokes of a keyboard.
I hope your post isn’t too late in the thread to be read my many because it is an important piece of advice. I also want to commend you on displaying the true nature of this website, sharing information to make a stranger’s life better. Your Karma bucket is now full, may you be rewarded twentyfold.
temeculaguy
ParticipantEffective Demand, I absolutely love your approach and your lease addendums. I encourage everyone to use them and to use your explanations as to why they are fair to both sides. Most mom and pop landlords would accept those terms with those explanations, they don’t indicate that you want anything for free but that you don’t want to be taken advantage of. The terms should weed out bad landlords all by themselves. The one landlord that I truly admired was fair to me and I was to them, unfortunately I had to luck into that relationship and it was a rare example. You have freely shared a plan to make your own luck, thanks. When I do buy a rental and become a landlord, I think i will add those addendums without being asked and may even figure out a way to advertise them beforehand, I think many renters would be swayed towards renting one place over another if they had some form of foreclosure protection and a more defined penaltly if they chose to buy or needed to move. Let’s hope you have started a trned with a few strokes of a keyboard.
I hope your post isn’t too late in the thread to be read my many because it is an important piece of advice. I also want to commend you on displaying the true nature of this website, sharing information to make a stranger’s life better. Your Karma bucket is now full, may you be rewarded twentyfold.
temeculaguy
ParticipantEffective Demand, I absolutely love your approach and your lease addendums. I encourage everyone to use them and to use your explanations as to why they are fair to both sides. Most mom and pop landlords would accept those terms with those explanations, they don’t indicate that you want anything for free but that you don’t want to be taken advantage of. The terms should weed out bad landlords all by themselves. The one landlord that I truly admired was fair to me and I was to them, unfortunately I had to luck into that relationship and it was a rare example. You have freely shared a plan to make your own luck, thanks. When I do buy a rental and become a landlord, I think i will add those addendums without being asked and may even figure out a way to advertise them beforehand, I think many renters would be swayed towards renting one place over another if they had some form of foreclosure protection and a more defined penaltly if they chose to buy or needed to move. Let’s hope you have started a trned with a few strokes of a keyboard.
I hope your post isn’t too late in the thread to be read my many because it is an important piece of advice. I also want to commend you on displaying the true nature of this website, sharing information to make a stranger’s life better. Your Karma bucket is now full, may you be rewarded twentyfold.
temeculaguy
ParticipantI had almost this exact thing happen to me, one of my L/L’s were getting a divorce and wanted to sell short while I lived there. It was 2006 or 2007 and I really didn’t know what a short sale would entail, it was also a much slower market so I agreed with no caveats, I thought I’d be cool about it. What a mistake.
The only thing I asked was that I would be given at least an hour warning before a showing and my dumb ass allowed a lock box. I’d say 10% called an hour early, 70% called from the driveway and 20% just walked in, didn’t even knock.
Then the incident happened. I got in the shower without realizing that I hadn’t replaced the towels that I put in the laundry. While cursing myself for having to walk downstairs naked and wet to get a towel (single men don’t have linen closets filled with extra towels, it’s the law) so as I walk quickly to minimize the water damage, I am met in the upstairs hall by a nice couple and their middle aged male realtor. As we stand there staring at each other, all i can think to say is “how come every realtor I’ve met so far is hot chick and the one time I’ve got one upstairs and I’m naked, it’s a dude.”
I told the L/L that I’m done with this crap, they said they would not hold me to the lease and had the lock box removed so anyone who wanted to see it would have to go through me to see it on my terms. I moved out a month or two later, they sold the place, everybody is happy but everytime I see hat realtor chick I chuckle a little as to what might have been. If i ever decide to write porn screenplays, that will be my first.
You can learn from my story, tell them your husband is a nudist, refuses to wear clothes and likes to rub up against visitors (make up a syndrome name), that if they break the lease you can convince him to look for other rentals during the time of the open houses.
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