It’s one thing to say you were duped. But am I to believe that each and every one of these people did not read their loan application? No, I don’t believe it.
As for the mortgage guys I hope the state banking commission will go after these guys full force.
Never forget that any fudging on a loan application will only lead to trouble down the road. Just don’t do it.
And here is a tip: If you make $35,000 a year and are getting approved for $2,000,000 in loans…something might be up.
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Am I the only one who finds house alarms more annoying than helpful? Seriously, I fear nothing more than opening the door for a client and not having been told that there is an active alarm.
This actually happened to me once. The sellers forgot there was going to be a showing and set their alarm. An honest mistake to be sure. But a gigantic waste of time for both myself and my buyer as we stumble around trying to figure out what to do.
Should we wait for the police? Whom do we call? Darn, the seller isn’t answering! Now what? Do we just leave? Sorry, it’s hard to see the features of a house when a horn is blaring in your ear.
I’m quite certain that alarms have saved people’s lives…somewhere. Usually they just go off on accident and annoy the neighbors whose baby was trying to sleep. At least that’s been my experience here in Johnson County, Kansas.
Next subject: Why does Tulsa (how crime ridden can it be?) have so many gated communities?
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I’ve helped several people do this over the years who have students over at the University of Kansas. Want to know more? Contact me at listwithchris@kw.com.
Thank you to Ilyce Powell for pointing this video out.
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My friends from Austin, TX are hurting. A brother and father was lost. When I learned of it yesterday I thought back to when I was driving around with no life insurance, or health insurance for that matter. My wife and (at that time) only son’s future were completely out of my control.
I’m older now. I’ve been blessed with more. And while I still have no control over the future I am able to have a life insurance policy large enough to help out. A house or two to sell if necessary, as well.
But unless you are extremely blessed from the beginning most people in America spend at least part of their 20’s and maybe 30’s without significant life insurance. Go back to those days, at least for the moment. And think how you would have needed your friends, family and acquaintances to step in if necessary.
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All I keep hearing about is how great the economy would be going if housing would pick up and we didn’t have the sub-prime debacle. As if housing didn’t carry the economy for a number of years while Greenspan buried his head in his hands pretending not to notice.
Well I have a question for you: Has anyone purchased a gallon of milk lately?
Confession time. I will occasionally help out around the house by purchasing the groceries. But I never pay attention to the prices I just get what I’m told to get and run it through the cash card.
Well Saturday I decided to pay attention and I’m sorry I did. Milk was/is $3.55 a gallon! Now this may not sound like a big deal but my kids drink about 6 gallons a week.
When did milk get so expensive? Heck, when did groceries get so expensive? Maybe it’s not just the ARMs adjusting up. Maybe, because of the cost of our precious oil, everything is shooting up?
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BBQ Capital | Kansas City Real Estate Investing 