[urbanrealtor]

[quote=sdrealtor]That area has a reputation of being pretty gang infested.[/quote]

Racist.

Sorry.

Couldn’t resist.

[urbanrealtor]

[quote=sdrealtor]That area has a reputation of being pretty gang infested.[/quote]

Racist.

Sorry.

Couldn’t resist.

[urbanrealtor]

I recommend sitting down with a few people who come recommended.

I see a lot of people buy houses and the thing that makes the most difference is the level of service.

Unless you have done this many times, the experience can be frustrating and draining.

Go with somebody who meets your needs for information, skill, advice, and cost.

Run your own credit and bring it with you.

Ask for a full good faith estimate every time.

People are typically more averse to lying in writing.

Also, you want to very explicitly ask about their licensing and experience.

If you walk into a bank, no license is usually needed because they are lending their own funds. They can promote a teller to loan officer.

However, recently several “consultants” have come under review from the state because they are originating and advising about loans with expired (or non-existent) licenses.

Good luck to you.

If you want recommendations, email me.

[email protected]

[urbanrealtor]

I recommend sitting down with a few people who come recommended.

I see a lot of people buy houses and the thing that makes the most difference is the level of service.

Unless you have done this many times, the experience can be frustrating and draining.

Go with somebody who meets your needs for information, skill, advice, and cost.

Run your own credit and bring it with you.

Ask for a full good faith estimate every time.

People are typically more averse to lying in writing.

Also, you want to very explicitly ask about their licensing and experience.

If you walk into a bank, no license is usually needed because they are lending their own funds. They can promote a teller to loan officer.

However, recently several “consultants” have come under review from the state because they are originating and advising about loans with expired (or non-existent) licenses.

Good luck to you.

If you want recommendations, email me.

[email protected]

[urbanrealtor]

I recommend sitting down with a few people who come recommended.

I see a lot of people buy houses and the thing that makes the most difference is the level of service.

Unless you have done this many times, the experience can be frustrating and draining.

Go with somebody who meets your needs for information, skill, advice, and cost.

Run your own credit and bring it with you.

Ask for a full good faith estimate every time.

People are typically more averse to lying in writing.

Also, you want to very explicitly ask about their licensing and experience.

If you walk into a bank, no license is usually needed because they are lending their own funds. They can promote a teller to loan officer.

However, recently several “consultants” have come under review from the state because they are originating and advising about loans with expired (or non-existent) licenses.

Good luck to you.

If you want recommendations, email me.

[email protected]

[urbanrealtor]

I recommend sitting down with a few people who come recommended.

I see a lot of people buy houses and the thing that makes the most difference is the level of service.

Unless you have done this many times, the experience can be frustrating and draining.

Go with somebody who meets your needs for information, skill, advice, and cost.

Run your own credit and bring it with you.

Ask for a full good faith estimate every time.

People are typically more averse to lying in writing.

Also, you want to very explicitly ask about their licensing and experience.

If you walk into a bank, no license is usually needed because they are lending their own funds. They can promote a teller to loan officer.

However, recently several “consultants” have come under review from the state because they are originating and advising about loans with expired (or non-existent) licenses.

Good luck to you.

If you want recommendations, email me.

[email protected]

[urbanrealtor]

I recommend sitting down with a few people who come recommended.

I see a lot of people buy houses and the thing that makes the most difference is the level of service.

Unless you have done this many times, the experience can be frustrating and draining.

Go with somebody who meets your needs for information, skill, advice, and cost.

Run your own credit and bring it with you.

Ask for a full good faith estimate every time.

People are typically more averse to lying in writing.

Also, you want to very explicitly ask about their licensing and experience.

If you walk into a bank, no license is usually needed because they are lending their own funds. They can promote a teller to loan officer.

However, recently several “consultants” have come under review from the state because they are originating and advising about loans with expired (or non-existent) licenses.

Good luck to you.

If you want recommendations, email me.

[email protected]

[urbanrealtor]

[quote=paramount]FB’s for the most part should take the advice of Brent White (University of Arizona Prof) and walk away. No short sales (to much liability after the sale) – just foreclosure.

Freddie Mac spokesholes state there is a moral dimension to foreclosure – I say BS, it’s only a legal issue and that’s it.[/quote]
I agree about the legal and money issue being the only real dimensions on this (though many people get emotional). However the argument that the REO has less liability is not accurate most of the time here (in CA).

Most short sale lenders will explicitly forgo the deficiency and forgive the rest. It is to there advantage to do so because it gives an incentive to sell short which is less expensive than REO. The ones that won’t usually can be scared off.

Between the law and short pay agreements, very little liability exists for the FB’s who sell.

At least in my experience.

[urbanrealtor]

[quote=paramount]FB’s for the most part should take the advice of Brent White (University of Arizona Prof) and walk away. No short sales (to much liability after the sale) – just foreclosure.

Freddie Mac spokesholes state there is a moral dimension to foreclosure – I say BS, it’s only a legal issue and that’s it.[/quote]
I agree about the legal and money issue being the only real dimensions on this (though many people get emotional). However the argument that the REO has less liability is not accurate most of the time here (in CA).

Most short sale lenders will explicitly forgo the deficiency and forgive the rest. It is to there advantage to do so because it gives an incentive to sell short which is less expensive than REO. The ones that won’t usually can be scared off.

Between the law and short pay agreements, very little liability exists for the FB’s who sell.

At least in my experience.

[urbanrealtor]

[quote=paramount]FB’s for the most part should take the advice of Brent White (University of Arizona Prof) and walk away. No short sales (to much liability after the sale) – just foreclosure.

Freddie Mac spokesholes state there is a moral dimension to foreclosure – I say BS, it’s only a legal issue and that’s it.[/quote]
I agree about the legal and money issue being the only real dimensions on this (though many people get emotional). However the argument that the REO has less liability is not accurate most of the time here (in CA).

Most short sale lenders will explicitly forgo the deficiency and forgive the rest. It is to there advantage to do so because it gives an incentive to sell short which is less expensive than REO. The ones that won’t usually can be scared off.

Between the law and short pay agreements, very little liability exists for the FB’s who sell.

At least in my experience.

[urbanrealtor]

[quote=paramount]FB’s for the most part should take the advice of Brent White (University of Arizona Prof) and walk away. No short sales (to much liability after the sale) – just foreclosure.

Freddie Mac spokesholes state there is a moral dimension to foreclosure – I say BS, it’s only a legal issue and that’s it.[/quote]
I agree about the legal and money issue being the only real dimensions on this (though many people get emotional). However the argument that the REO has less liability is not accurate most of the time here (in CA).

Most short sale lenders will explicitly forgo the deficiency and forgive the rest. It is to there advantage to do so because it gives an incentive to sell short which is less expensive than REO. The ones that won’t usually can be scared off.

Between the law and short pay agreements, very little liability exists for the FB’s who sell.

At least in my experience.

[urbanrealtor]

[quote=paramount]FB’s for the most part should take the advice of Brent White (University of Arizona Prof) and walk away. No short sales (to much liability after the sale) – just foreclosure.

Freddie Mac spokesholes state there is a moral dimension to foreclosure – I say BS, it’s only a legal issue and that’s it.[/quote]
I agree about the legal and money issue being the only real dimensions on this (though many people get emotional). However the argument that the REO has less liability is not accurate most of the time here (in CA).

Most short sale lenders will explicitly forgo the deficiency and forgive the rest. It is to there advantage to do so because it gives an incentive to sell short which is less expensive than REO. The ones that won’t usually can be scared off.

Between the law and short pay agreements, very little liability exists for the FB’s who sell.

At least in my experience.

[urbanrealtor]

[quote=jimmyle]I bought a PS3 for $200 from a school teacher on Craigslist. He seems to be honest but I tested the unit for 20 minutes at his place before agreeing to buy. I think buying something that you can’t check or verify its performance or condition is not wise.[/quote]

Ditto that.
Gotta turn the fucker on before handing over the cash.

[urbanrealtor]

[quote=jimmyle]I bought a PS3 for $200 from a school teacher on Craigslist. He seems to be honest but I tested the unit for 20 minutes at his place before agreeing to buy. I think buying something that you can’t check or verify its performance or condition is not wise.[/quote]

Ditto that.
Gotta turn the fucker on before handing over the cash.

[urbanrealtor]

[quote=jimmyle]I bought a PS3 for $200 from a school teacher on Craigslist. He seems to be honest but I tested the unit for 20 minutes at his place before agreeing to buy. I think buying something that you can’t check or verify its performance or condition is not wise.[/quote]

Ditto that.
Gotta turn the fucker on before handing over the cash.

[Author]

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