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urbanrealtor
Participant[quote=Djshakes]Multiculturalism is not just a recognition that different groups have different cultures. We all knew that, long before multiculturalism became a cult that has spawned mindless rhapsodies about “diversity,” without a speck of evidence to substantiate its supposed benefits.
In Germany, as in other countries in Europe, welcoming millions of foreign workers who insist on remaining foreign has created problems so obvious that only the intelligentsia could fail to see them. It takes a high IQ to evade the obvious.
“We kidded ourselves for a while,” Chancellor Merkel said, but now it was clear that the attempt to build a society where people of very different languages and cultures could “live side-by-side” and “enjoy each other” has “failed, utterly failed.”
[/quote]Aside from the garden variety insular xenophobia the OP displays, there is the above quote.
The level of deep retardation displayed here is fucking staggering.
As a native of Germany, I find fundamental ignorance of this caliber a rare and delicious treat.
Immigrants generally do not assimilate in Germany because Germany has had virtually no naturalization process for most of its 140 year history.
Virtually all German citizens are ethnically German.
To this day, most German Turks (their most prominent immigrant population) do not have citizenship and a large percentage are stateless. Their families have been in the fatherland for 4 generations and they only speak Deutch but there is little chance of them ever being able to vote or have rights.
The bureau of Turkish immigrant affairs is actually a satellite of the Turkish embassy (because the German government does not show great involvement and therefore outsources these services).
I was born to American parents in Nuernberg (or Nuremberg or Neurnburg) in the historical epicenter of Teutonic tribalism.
This will do nothing for me if I decide I want to be a German citizen. There is simply no path to citizenship.
The only exceptions of which I am aware are as follows:
-following the collapse of the USSR, Germanics who had grown up as children of POWs or refugees were allowed entry and offered citizenship
-following the ascension of the Red-Green coalition in the late 90’s, some allowance was made for citizenship petitions for non-German natives who had resided in Germany their entire lives.
I expect this will change in the near future as Germany deals with a Turkish worker shortage. Lots of German-speaking Turks are moving to Turkey due to its expanding economy and new opportunities.
It has nothing to do with this retarded straw man of the “cult of multiculturalism”.
February 13, 2011 at 12:54 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #665834urbanrealtor
ParticipantAnd just to be clear, there is some potential problem with showing up with an investor buyer and handling a short sale negotiation for a seller (especially if licensing is screwed up).
But its not illegal.
Its just double-ending.
I don’t do it but lots of agents do and have done so throughout history.
Its the bank’s responsibility to make sure they are not getting screwed.
But good luck getting them to be as diligent as they should.
February 13, 2011 at 12:54 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #665896urbanrealtor
ParticipantAnd just to be clear, there is some potential problem with showing up with an investor buyer and handling a short sale negotiation for a seller (especially if licensing is screwed up).
But its not illegal.
Its just double-ending.
I don’t do it but lots of agents do and have done so throughout history.
Its the bank’s responsibility to make sure they are not getting screwed.
But good luck getting them to be as diligent as they should.
February 13, 2011 at 12:54 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #666493urbanrealtor
ParticipantAnd just to be clear, there is some potential problem with showing up with an investor buyer and handling a short sale negotiation for a seller (especially if licensing is screwed up).
But its not illegal.
Its just double-ending.
I don’t do it but lots of agents do and have done so throughout history.
Its the bank’s responsibility to make sure they are not getting screwed.
But good luck getting them to be as diligent as they should.
February 13, 2011 at 12:54 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #666631urbanrealtor
ParticipantAnd just to be clear, there is some potential problem with showing up with an investor buyer and handling a short sale negotiation for a seller (especially if licensing is screwed up).
But its not illegal.
Its just double-ending.
I don’t do it but lots of agents do and have done so throughout history.
Its the bank’s responsibility to make sure they are not getting screwed.
But good luck getting them to be as diligent as they should.
February 13, 2011 at 12:54 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #666971urbanrealtor
ParticipantAnd just to be clear, there is some potential problem with showing up with an investor buyer and handling a short sale negotiation for a seller (especially if licensing is screwed up).
But its not illegal.
Its just double-ending.
I don’t do it but lots of agents do and have done so throughout history.
Its the bank’s responsibility to make sure they are not getting screwed.
But good luck getting them to be as diligent as they should.
February 13, 2011 at 12:51 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #665829urbanrealtor
Participant[quote=Doooh]Here’s what I find on the listing agents website. This is a damn scheme if I’ve ever heard of one.
These guys are NOT Realtors, they investment buyers looking to sweep up properties before the next guy. You get a group of investors together, a couple Realtor to set up the deals, a guy in the field looking for people behind on the mortgage and viola, you just bought a cheap house and the Bank is the sucker.
It looks like they have to list it on MLS, and that’s were they pick up Squeaky Wheels like me.
This is not going to happen on my back, not this deal.
Am I being to conspiratorial or does this sound like what’s happening?
For agents:
Refer us a lead
We evaluate each property separately for possible purchase
After your property is approved, we can schedule an appointment to discuss our process with the homeowner
We will collect the Short Sale package to submit to the lender
You keep the listing and continue to market on the MLS
We negotiate with the bank to receive a short sale approval
Once the bank accepts terms of the short sale, we will purchase the property
You get paid! We do not affect your commissions.Short Sale Negotiations (Processing and Underwriting)
(Short Sale, Pre-Foreclosure Sale)A short sale is a transaction that allows the sale of a property for an amount that is less than the amount that is currently owed to the lender. The bank in return may accept the proceeds as full settlement of the debt. If you have suffered a long term financial hardship or are unable to maintain your loan or if you need to sell the property to avoid a default loss on the property you may want to consider a short sale. In our negotiations with the lender, we may be able to provide you with a payoff that is significantly less than what you currently owe. A qualified buyer is required, in which we will help put in place. If this is an option you wish to pursue, please contact us immediately. Early communication is the key to a successful short sale negotiation. Our processing and underwriting staff knows exactly what the bank needs to negotiate a successful short sale. There may be tax ramifications associated with any short payo[/quote]
So here is their site
http://www.prestige-res.com/short_sale_broker.htmlAnd here is their DRE record:
http://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=01849874Looks like they have some problems with not putting their DRE# on their site.
It also looks like they are listed NBA (no broker affiliation) which is a problem.
However, both of those issues are easy to resolve.
To me, they bespeak absent-mindedness rather than corruption.
I am not totally sure that if you are partnering with a principal, you need to be licensed (like with a FSBO) but this crew still needs to spend like an hour in front of the computer to work out license issues.
Sort of fail
February 13, 2011 at 12:51 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #665891urbanrealtor
Participant[quote=Doooh]Here’s what I find on the listing agents website. This is a damn scheme if I’ve ever heard of one.
These guys are NOT Realtors, they investment buyers looking to sweep up properties before the next guy. You get a group of investors together, a couple Realtor to set up the deals, a guy in the field looking for people behind on the mortgage and viola, you just bought a cheap house and the Bank is the sucker.
It looks like they have to list it on MLS, and that’s were they pick up Squeaky Wheels like me.
This is not going to happen on my back, not this deal.
Am I being to conspiratorial or does this sound like what’s happening?
For agents:
Refer us a lead
We evaluate each property separately for possible purchase
After your property is approved, we can schedule an appointment to discuss our process with the homeowner
We will collect the Short Sale package to submit to the lender
You keep the listing and continue to market on the MLS
We negotiate with the bank to receive a short sale approval
Once the bank accepts terms of the short sale, we will purchase the property
You get paid! We do not affect your commissions.Short Sale Negotiations (Processing and Underwriting)
(Short Sale, Pre-Foreclosure Sale)A short sale is a transaction that allows the sale of a property for an amount that is less than the amount that is currently owed to the lender. The bank in return may accept the proceeds as full settlement of the debt. If you have suffered a long term financial hardship or are unable to maintain your loan or if you need to sell the property to avoid a default loss on the property you may want to consider a short sale. In our negotiations with the lender, we may be able to provide you with a payoff that is significantly less than what you currently owe. A qualified buyer is required, in which we will help put in place. If this is an option you wish to pursue, please contact us immediately. Early communication is the key to a successful short sale negotiation. Our processing and underwriting staff knows exactly what the bank needs to negotiate a successful short sale. There may be tax ramifications associated with any short payo[/quote]
So here is their site
http://www.prestige-res.com/short_sale_broker.htmlAnd here is their DRE record:
http://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=01849874Looks like they have some problems with not putting their DRE# on their site.
It also looks like they are listed NBA (no broker affiliation) which is a problem.
However, both of those issues are easy to resolve.
To me, they bespeak absent-mindedness rather than corruption.
I am not totally sure that if you are partnering with a principal, you need to be licensed (like with a FSBO) but this crew still needs to spend like an hour in front of the computer to work out license issues.
Sort of fail
February 13, 2011 at 12:51 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #666488urbanrealtor
Participant[quote=Doooh]Here’s what I find on the listing agents website. This is a damn scheme if I’ve ever heard of one.
These guys are NOT Realtors, they investment buyers looking to sweep up properties before the next guy. You get a group of investors together, a couple Realtor to set up the deals, a guy in the field looking for people behind on the mortgage and viola, you just bought a cheap house and the Bank is the sucker.
It looks like they have to list it on MLS, and that’s were they pick up Squeaky Wheels like me.
This is not going to happen on my back, not this deal.
Am I being to conspiratorial or does this sound like what’s happening?
For agents:
Refer us a lead
We evaluate each property separately for possible purchase
After your property is approved, we can schedule an appointment to discuss our process with the homeowner
We will collect the Short Sale package to submit to the lender
You keep the listing and continue to market on the MLS
We negotiate with the bank to receive a short sale approval
Once the bank accepts terms of the short sale, we will purchase the property
You get paid! We do not affect your commissions.Short Sale Negotiations (Processing and Underwriting)
(Short Sale, Pre-Foreclosure Sale)A short sale is a transaction that allows the sale of a property for an amount that is less than the amount that is currently owed to the lender. The bank in return may accept the proceeds as full settlement of the debt. If you have suffered a long term financial hardship or are unable to maintain your loan or if you need to sell the property to avoid a default loss on the property you may want to consider a short sale. In our negotiations with the lender, we may be able to provide you with a payoff that is significantly less than what you currently owe. A qualified buyer is required, in which we will help put in place. If this is an option you wish to pursue, please contact us immediately. Early communication is the key to a successful short sale negotiation. Our processing and underwriting staff knows exactly what the bank needs to negotiate a successful short sale. There may be tax ramifications associated with any short payo[/quote]
So here is their site
http://www.prestige-res.com/short_sale_broker.htmlAnd here is their DRE record:
http://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=01849874Looks like they have some problems with not putting their DRE# on their site.
It also looks like they are listed NBA (no broker affiliation) which is a problem.
However, both of those issues are easy to resolve.
To me, they bespeak absent-mindedness rather than corruption.
I am not totally sure that if you are partnering with a principal, you need to be licensed (like with a FSBO) but this crew still needs to spend like an hour in front of the computer to work out license issues.
Sort of fail
February 13, 2011 at 12:51 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #666626urbanrealtor
Participant[quote=Doooh]Here’s what I find on the listing agents website. This is a damn scheme if I’ve ever heard of one.
These guys are NOT Realtors, they investment buyers looking to sweep up properties before the next guy. You get a group of investors together, a couple Realtor to set up the deals, a guy in the field looking for people behind on the mortgage and viola, you just bought a cheap house and the Bank is the sucker.
It looks like they have to list it on MLS, and that’s were they pick up Squeaky Wheels like me.
This is not going to happen on my back, not this deal.
Am I being to conspiratorial or does this sound like what’s happening?
For agents:
Refer us a lead
We evaluate each property separately for possible purchase
After your property is approved, we can schedule an appointment to discuss our process with the homeowner
We will collect the Short Sale package to submit to the lender
You keep the listing and continue to market on the MLS
We negotiate with the bank to receive a short sale approval
Once the bank accepts terms of the short sale, we will purchase the property
You get paid! We do not affect your commissions.Short Sale Negotiations (Processing and Underwriting)
(Short Sale, Pre-Foreclosure Sale)A short sale is a transaction that allows the sale of a property for an amount that is less than the amount that is currently owed to the lender. The bank in return may accept the proceeds as full settlement of the debt. If you have suffered a long term financial hardship or are unable to maintain your loan or if you need to sell the property to avoid a default loss on the property you may want to consider a short sale. In our negotiations with the lender, we may be able to provide you with a payoff that is significantly less than what you currently owe. A qualified buyer is required, in which we will help put in place. If this is an option you wish to pursue, please contact us immediately. Early communication is the key to a successful short sale negotiation. Our processing and underwriting staff knows exactly what the bank needs to negotiate a successful short sale. There may be tax ramifications associated with any short payo[/quote]
So here is their site
http://www.prestige-res.com/short_sale_broker.htmlAnd here is their DRE record:
http://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=01849874Looks like they have some problems with not putting their DRE# on their site.
It also looks like they are listed NBA (no broker affiliation) which is a problem.
However, both of those issues are easy to resolve.
To me, they bespeak absent-mindedness rather than corruption.
I am not totally sure that if you are partnering with a principal, you need to be licensed (like with a FSBO) but this crew still needs to spend like an hour in front of the computer to work out license issues.
Sort of fail
February 13, 2011 at 12:51 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #666967urbanrealtor
Participant[quote=Doooh]Here’s what I find on the listing agents website. This is a damn scheme if I’ve ever heard of one.
These guys are NOT Realtors, they investment buyers looking to sweep up properties before the next guy. You get a group of investors together, a couple Realtor to set up the deals, a guy in the field looking for people behind on the mortgage and viola, you just bought a cheap house and the Bank is the sucker.
It looks like they have to list it on MLS, and that’s were they pick up Squeaky Wheels like me.
This is not going to happen on my back, not this deal.
Am I being to conspiratorial or does this sound like what’s happening?
For agents:
Refer us a lead
We evaluate each property separately for possible purchase
After your property is approved, we can schedule an appointment to discuss our process with the homeowner
We will collect the Short Sale package to submit to the lender
You keep the listing and continue to market on the MLS
We negotiate with the bank to receive a short sale approval
Once the bank accepts terms of the short sale, we will purchase the property
You get paid! We do not affect your commissions.Short Sale Negotiations (Processing and Underwriting)
(Short Sale, Pre-Foreclosure Sale)A short sale is a transaction that allows the sale of a property for an amount that is less than the amount that is currently owed to the lender. The bank in return may accept the proceeds as full settlement of the debt. If you have suffered a long term financial hardship or are unable to maintain your loan or if you need to sell the property to avoid a default loss on the property you may want to consider a short sale. In our negotiations with the lender, we may be able to provide you with a payoff that is significantly less than what you currently owe. A qualified buyer is required, in which we will help put in place. If this is an option you wish to pursue, please contact us immediately. Early communication is the key to a successful short sale negotiation. Our processing and underwriting staff knows exactly what the bank needs to negotiate a successful short sale. There may be tax ramifications associated with any short payo[/quote]
So here is their site
http://www.prestige-res.com/short_sale_broker.htmlAnd here is their DRE record:
http://www2.dre.ca.gov/PublicASP/pplinfo.asp?License_id=01849874Looks like they have some problems with not putting their DRE# on their site.
It also looks like they are listed NBA (no broker affiliation) which is a problem.
However, both of those issues are easy to resolve.
To me, they bespeak absent-mindedness rather than corruption.
I am not totally sure that if you are partnering with a principal, you need to be licensed (like with a FSBO) but this crew still needs to spend like an hour in front of the computer to work out license issues.
Sort of fail
February 13, 2011 at 12:24 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #665886urbanrealtor
ParticipantThe seller (by way of their representative) have the right to accept any offer for virtually any reason (hair color, political affiliation, cleft palette).
While the bank sometimes requires that they be informed of any offers right up until closing, most do not require that anymore.
Most sellers will not want to change horses mid-stream.
Changing buyers tends to complicate a short sale negotiations in my experience.
I generally will go with the first offer that is likely to close and get approved.
Also, the seller does not have the right to rescind acceptance in California.
Kicking an accepted buyer out just because a cash offer came in the next day (even if it is higher) is something that could put land a seller (or agent) in court.
Based on your description, this is not necessarily a case of the agent burying your offer.
I have (many times) done exactly what you say this woman is doing and there is nothing unethical or illegal about it.
The banks generally do not have a right to all information about a seller.
It is illegal, unethical, and incredibly irritating when an agent does hide an offer (though hard to prove) from a seller.
That is why most agents will not show Battiata listings.
His team has a demonstrable track record of doing that (if he threatens me for posting this, I will post scads of potentially defamatory evidence for your review).
However, Adam’s suggestion that you contact their broker will probably be fruitless.
If you contacted me about one of my agents doing this, I might inquire with them but it would be unlikely to result in anything but a dial tone.
Your just pissed because you had crappy timing and now the window of opportunity has closed.
As long as your offer was presented to the seller (the bank is not the seller), the listing agent has acted appropriately.
Fail.
February 13, 2011 at 12:24 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #666483urbanrealtor
ParticipantThe seller (by way of their representative) have the right to accept any offer for virtually any reason (hair color, political affiliation, cleft palette).
While the bank sometimes requires that they be informed of any offers right up until closing, most do not require that anymore.
Most sellers will not want to change horses mid-stream.
Changing buyers tends to complicate a short sale negotiations in my experience.
I generally will go with the first offer that is likely to close and get approved.
Also, the seller does not have the right to rescind acceptance in California.
Kicking an accepted buyer out just because a cash offer came in the next day (even if it is higher) is something that could put land a seller (or agent) in court.
Based on your description, this is not necessarily a case of the agent burying your offer.
I have (many times) done exactly what you say this woman is doing and there is nothing unethical or illegal about it.
The banks generally do not have a right to all information about a seller.
It is illegal, unethical, and incredibly irritating when an agent does hide an offer (though hard to prove) from a seller.
That is why most agents will not show Battiata listings.
His team has a demonstrable track record of doing that (if he threatens me for posting this, I will post scads of potentially defamatory evidence for your review).
However, Adam’s suggestion that you contact their broker will probably be fruitless.
If you contacted me about one of my agents doing this, I might inquire with them but it would be unlikely to result in anything but a dial tone.
Your just pissed because you had crappy timing and now the window of opportunity has closed.
As long as your offer was presented to the seller (the bank is not the seller), the listing agent has acted appropriately.
Fail.
February 13, 2011 at 12:24 PM in reply to: Short Sale Realtor in collusion with buyer, is it legal. #666621urbanrealtor
ParticipantThe seller (by way of their representative) have the right to accept any offer for virtually any reason (hair color, political affiliation, cleft palette).
While the bank sometimes requires that they be informed of any offers right up until closing, most do not require that anymore.
Most sellers will not want to change horses mid-stream.
Changing buyers tends to complicate a short sale negotiations in my experience.
I generally will go with the first offer that is likely to close and get approved.
Also, the seller does not have the right to rescind acceptance in California.
Kicking an accepted buyer out just because a cash offer came in the next day (even if it is higher) is something that could put land a seller (or agent) in court.
Based on your description, this is not necessarily a case of the agent burying your offer.
I have (many times) done exactly what you say this woman is doing and there is nothing unethical or illegal about it.
The banks generally do not have a right to all information about a seller.
It is illegal, unethical, and incredibly irritating when an agent does hide an offer (though hard to prove) from a seller.
That is why most agents will not show Battiata listings.
His team has a demonstrable track record of doing that (if he threatens me for posting this, I will post scads of potentially defamatory evidence for your review).
However, Adam’s suggestion that you contact their broker will probably be fruitless.
If you contacted me about one of my agents doing this, I might inquire with them but it would be unlikely to result in anything but a dial tone.
Your just pissed because you had crappy timing and now the window of opportunity has closed.
As long as your offer was presented to the seller (the bank is not the seller), the listing agent has acted appropriately.
Fail.
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