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February 16, 2009 at 12:34 PM in reply to: The joys of renting from the ‘Mom and Pop’ outfits #347757February 16, 2009 at 12:34 PM in reply to: The joys of renting from the ‘Mom and Pop’ outfits #347857UsernameParticipant
I’ve had to take landlords to court before to recover a security deposit. The beautiful thing about renting in California is according to Civil code 1950.5 the landlord has 21 days to give back your deposit or an itemized statement with the damages and the remaining deposit. If 21 days goes by and they do not return it and you have to take them to court you are allowed to sue them for twice the deposit plus the original damages (the problem is collecting from a deadbeat). Look up California Civil code 1950.5:
(l) The bad faith claim or retention by a landlord or the landlord’s successors in interest of the security or any portion thereof in
violation of this section, or the bad faith demand of replacement security in violation of subdivision (j), may subject the landlord or
the landlord’s successors in interest to statutory damages of up to twice the amount of the security, in addition to actual damages.UsernameParticipantNote before Rant: Paramount this is not directed at you, only a general rant.
It’s called due diligence. If I went car shopping and found a car I loved and didn’t get it inspected by a mechanic and it had serious issues under the surface and it cost me an extra few hundred dollars a month in repairs because I bought a lemon it would be my fault for not doing my homework. Any of us could have purchased a home in the past few years, all you needed was a pulse and a crooked loan officer (were there any that were not crooked?). I knew a few people during the bubble who purchased several properties simultaneously (All owner occupied so the bank would give them a better rate and they wouldn’t need to include the payment in their debt ratio ratio.) basically doubling/tripling down and they lost big time. I personally don’t believe anyone deserves a bail out especially anyone who committed fraud (however I understand without a bail out we may see a total collapse of the dollar and maybe our great nation). If I went into Symbolic Motors in La Jolla and said I was a lawyer or a doctor and produced a down payment and some fraudulent documents I am sure I would find a sale man who would sell me a Ferrari and collect a commission (hell he might even help me with the fraudulent documents for his commission). A few months later when the repo man comes I would be crying because it was my Ferrari and I was entitled to it (even tho I lied to get it and couldn’t really afford it). I did my homework and realized I couldn’t afford either a Ferrari or a house in Southern California during the bubble so I have rented and waited for things to come back to reality. I still think we have a long way to go, but I don’t think anyone who bought should complain for making a decision without doing their homework or thinking about the future.
*Rant over*
UsernameParticipantNote before Rant: Paramount this is not directed at you, only a general rant.
It’s called due diligence. If I went car shopping and found a car I loved and didn’t get it inspected by a mechanic and it had serious issues under the surface and it cost me an extra few hundred dollars a month in repairs because I bought a lemon it would be my fault for not doing my homework. Any of us could have purchased a home in the past few years, all you needed was a pulse and a crooked loan officer (were there any that were not crooked?). I knew a few people during the bubble who purchased several properties simultaneously (All owner occupied so the bank would give them a better rate and they wouldn’t need to include the payment in their debt ratio ratio.) basically doubling/tripling down and they lost big time. I personally don’t believe anyone deserves a bail out especially anyone who committed fraud (however I understand without a bail out we may see a total collapse of the dollar and maybe our great nation). If I went into Symbolic Motors in La Jolla and said I was a lawyer or a doctor and produced a down payment and some fraudulent documents I am sure I would find a sale man who would sell me a Ferrari and collect a commission (hell he might even help me with the fraudulent documents for his commission). A few months later when the repo man comes I would be crying because it was my Ferrari and I was entitled to it (even tho I lied to get it and couldn’t really afford it). I did my homework and realized I couldn’t afford either a Ferrari or a house in Southern California during the bubble so I have rented and waited for things to come back to reality. I still think we have a long way to go, but I don’t think anyone who bought should complain for making a decision without doing their homework or thinking about the future.
*Rant over*
UsernameParticipantNote before Rant: Paramount this is not directed at you, only a general rant.
It’s called due diligence. If I went car shopping and found a car I loved and didn’t get it inspected by a mechanic and it had serious issues under the surface and it cost me an extra few hundred dollars a month in repairs because I bought a lemon it would be my fault for not doing my homework. Any of us could have purchased a home in the past few years, all you needed was a pulse and a crooked loan officer (were there any that were not crooked?). I knew a few people during the bubble who purchased several properties simultaneously (All owner occupied so the bank would give them a better rate and they wouldn’t need to include the payment in their debt ratio ratio.) basically doubling/tripling down and they lost big time. I personally don’t believe anyone deserves a bail out especially anyone who committed fraud (however I understand without a bail out we may see a total collapse of the dollar and maybe our great nation). If I went into Symbolic Motors in La Jolla and said I was a lawyer or a doctor and produced a down payment and some fraudulent documents I am sure I would find a sale man who would sell me a Ferrari and collect a commission (hell he might even help me with the fraudulent documents for his commission). A few months later when the repo man comes I would be crying because it was my Ferrari and I was entitled to it (even tho I lied to get it and couldn’t really afford it). I did my homework and realized I couldn’t afford either a Ferrari or a house in Southern California during the bubble so I have rented and waited for things to come back to reality. I still think we have a long way to go, but I don’t think anyone who bought should complain for making a decision without doing their homework or thinking about the future.
*Rant over*
UsernameParticipantNote before Rant: Paramount this is not directed at you, only a general rant.
It’s called due diligence. If I went car shopping and found a car I loved and didn’t get it inspected by a mechanic and it had serious issues under the surface and it cost me an extra few hundred dollars a month in repairs because I bought a lemon it would be my fault for not doing my homework. Any of us could have purchased a home in the past few years, all you needed was a pulse and a crooked loan officer (were there any that were not crooked?). I knew a few people during the bubble who purchased several properties simultaneously (All owner occupied so the bank would give them a better rate and they wouldn’t need to include the payment in their debt ratio ratio.) basically doubling/tripling down and they lost big time. I personally don’t believe anyone deserves a bail out especially anyone who committed fraud (however I understand without a bail out we may see a total collapse of the dollar and maybe our great nation). If I went into Symbolic Motors in La Jolla and said I was a lawyer or a doctor and produced a down payment and some fraudulent documents I am sure I would find a sale man who would sell me a Ferrari and collect a commission (hell he might even help me with the fraudulent documents for his commission). A few months later when the repo man comes I would be crying because it was my Ferrari and I was entitled to it (even tho I lied to get it and couldn’t really afford it). I did my homework and realized I couldn’t afford either a Ferrari or a house in Southern California during the bubble so I have rented and waited for things to come back to reality. I still think we have a long way to go, but I don’t think anyone who bought should complain for making a decision without doing their homework or thinking about the future.
*Rant over*
UsernameParticipantNote before Rant: Paramount this is not directed at you, only a general rant.
It’s called due diligence. If I went car shopping and found a car I loved and didn’t get it inspected by a mechanic and it had serious issues under the surface and it cost me an extra few hundred dollars a month in repairs because I bought a lemon it would be my fault for not doing my homework. Any of us could have purchased a home in the past few years, all you needed was a pulse and a crooked loan officer (were there any that were not crooked?). I knew a few people during the bubble who purchased several properties simultaneously (All owner occupied so the bank would give them a better rate and they wouldn’t need to include the payment in their debt ratio ratio.) basically doubling/tripling down and they lost big time. I personally don’t believe anyone deserves a bail out especially anyone who committed fraud (however I understand without a bail out we may see a total collapse of the dollar and maybe our great nation). If I went into Symbolic Motors in La Jolla and said I was a lawyer or a doctor and produced a down payment and some fraudulent documents I am sure I would find a sale man who would sell me a Ferrari and collect a commission (hell he might even help me with the fraudulent documents for his commission). A few months later when the repo man comes I would be crying because it was my Ferrari and I was entitled to it (even tho I lied to get it and couldn’t really afford it). I did my homework and realized I couldn’t afford either a Ferrari or a house in Southern California during the bubble so I have rented and waited for things to come back to reality. I still think we have a long way to go, but I don’t think anyone who bought should complain for making a decision without doing their homework or thinking about the future.
*Rant over*
UsernameParticipantThis has to be a joke, but if it were serious the headline is the funniest part:
“Gangs overtake 4S Ranch, property values plummet”
Yeah sure it’s the photoshopped gangs causing property values to plummet.
So crazy dogg (Any relation so Snoop?) is this your website you’re trying to promote? It looks like a total joke based on the other headlines i see:
Guitar Center now selling air guitars
Environmentalists attack grocery shopper for using a plastic bag
City to issue special trash cans designated for throwing away Charger hopes
Men’s Wearhouse customer doesn’t like the way he looks, files lawsuit
UsernameParticipantThis has to be a joke, but if it were serious the headline is the funniest part:
“Gangs overtake 4S Ranch, property values plummet”
Yeah sure it’s the photoshopped gangs causing property values to plummet.
So crazy dogg (Any relation so Snoop?) is this your website you’re trying to promote? It looks like a total joke based on the other headlines i see:
Guitar Center now selling air guitars
Environmentalists attack grocery shopper for using a plastic bag
City to issue special trash cans designated for throwing away Charger hopes
Men’s Wearhouse customer doesn’t like the way he looks, files lawsuit
UsernameParticipantThis has to be a joke, but if it were serious the headline is the funniest part:
“Gangs overtake 4S Ranch, property values plummet”
Yeah sure it’s the photoshopped gangs causing property values to plummet.
So crazy dogg (Any relation so Snoop?) is this your website you’re trying to promote? It looks like a total joke based on the other headlines i see:
Guitar Center now selling air guitars
Environmentalists attack grocery shopper for using a plastic bag
City to issue special trash cans designated for throwing away Charger hopes
Men’s Wearhouse customer doesn’t like the way he looks, files lawsuit
UsernameParticipantThis has to be a joke, but if it were serious the headline is the funniest part:
“Gangs overtake 4S Ranch, property values plummet”
Yeah sure it’s the photoshopped gangs causing property values to plummet.
So crazy dogg (Any relation so Snoop?) is this your website you’re trying to promote? It looks like a total joke based on the other headlines i see:
Guitar Center now selling air guitars
Environmentalists attack grocery shopper for using a plastic bag
City to issue special trash cans designated for throwing away Charger hopes
Men’s Wearhouse customer doesn’t like the way he looks, files lawsuit
UsernameParticipantThis has to be a joke, but if it were serious the headline is the funniest part:
“Gangs overtake 4S Ranch, property values plummet”
Yeah sure it’s the photoshopped gangs causing property values to plummet.
So crazy dogg (Any relation so Snoop?) is this your website you’re trying to promote? It looks like a total joke based on the other headlines i see:
Guitar Center now selling air guitars
Environmentalists attack grocery shopper for using a plastic bag
City to issue special trash cans designated for throwing away Charger hopes
Men’s Wearhouse customer doesn’t like the way he looks, files lawsuit
UsernameParticipantThis is hilarious, a realtor trying to find clients on a housing blog which has predicted the bubble burst for the last few years and still predicts no end in sight (with data to back up the claims). Then they name themselves BearBroker like it’s supposed to gain themselves some credit with housing bears.
This reminds me of the Boondocks episode “The S-Word” where Ann Coulter says “I just hope they don’t stop the war in Iraq or I’m going to have to start stripping” only replace “don’t stop” with “turn around” and “war in Iraq” with “housing market”.
Hahahahaha…
No Offense BearBroker (that name has a funny irony now doesn’t it?) I’m sure you work very hard on every deal and don’t use your looks (or cosmetic surgery) to sell at all.
Hahahahah… I really shouldn’t laugh at a “professional”…. Hahahaha!
UsernameParticipantThis is hilarious, a realtor trying to find clients on a housing blog which has predicted the bubble burst for the last few years and still predicts no end in sight (with data to back up the claims). Then they name themselves BearBroker like it’s supposed to gain themselves some credit with housing bears.
This reminds me of the Boondocks episode “The S-Word” where Ann Coulter says “I just hope they don’t stop the war in Iraq or I’m going to have to start stripping” only replace “don’t stop” with “turn around” and “war in Iraq” with “housing market”.
Hahahahaha…
No Offense BearBroker (that name has a funny irony now doesn’t it?) I’m sure you work very hard on every deal and don’t use your looks (or cosmetic surgery) to sell at all.
Hahahahah… I really shouldn’t laugh at a “professional”…. Hahahaha!
UsernameParticipantThis is hilarious, a realtor trying to find clients on a housing blog which has predicted the bubble burst for the last few years and still predicts no end in sight (with data to back up the claims). Then they name themselves BearBroker like it’s supposed to gain themselves some credit with housing bears.
This reminds me of the Boondocks episode “The S-Word” where Ann Coulter says “I just hope they don’t stop the war in Iraq or I’m going to have to start stripping” only replace “don’t stop” with “turn around” and “war in Iraq” with “housing market”.
Hahahahaha…
No Offense BearBroker (that name has a funny irony now doesn’t it?) I’m sure you work very hard on every deal and don’t use your looks (or cosmetic surgery) to sell at all.
Hahahahah… I really shouldn’t laugh at a “professional”…. Hahahaha!
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