01-18-2009, 06:49 AM
I should just let this go cuz there are a lot of people that are in a bad place, not just in Hawaii either, and I know it's important for them to have someone or where to place blame. It's much easier to blame leanders, appraisers (which there are some slippery slopes out there) as well as Realtors. But no realtor anywhere is responsible for selling an ARM (Adjustable Rate Mortgage) which has not been mentioned here.
Yes, Heaven forbid people "think in terms of being responsible for our own choices and being honest about it." (pslamont) I guess that's my concern in lostboys blame game I don't hear any responsibility from him at all. It's those nasty agents that showed me what I told them I wanted.
And yes I'm sure some agents quote statistics and show people how much the values have gone up in the past few years. Umm.. doesn't make them liars and thieves does it? I have seen lenders quote principle & interest numbers only but I as many of my contempararys(sp) always make sure my clients see the bottom line with a HUD statement 24 hours before closing IT'S THE LAW. I can't remember how many times I've told clients"don't forget that figure is only P&I here's the estimated taxes and insurance (hoemowners associatio fees) etc etc..
Now I will admit that the laxed gun laws here in Texas do make closings easier for me than Rabbi, in Hawaii, what with me having to be able to carry my pistole to the closings. Buyer starts asking question at closing it's always important to be able to put that gun to their heads! [:0]
]"O.k. Lets get this straight BANKS/BANKERS are the ones RESPONSIBLE for where they lend their money. End of the blame game." Well obviously not but thanks, anela and Pam, for your rational attempts at ending it.
Blessings,
dave
"It doesn't mean that much to me.. to mean that much to you." Neil Young
Yes, Heaven forbid people "think in terms of being responsible for our own choices and being honest about it." (pslamont) I guess that's my concern in lostboys blame game I don't hear any responsibility from him at all. It's those nasty agents that showed me what I told them I wanted.
And yes I'm sure some agents quote statistics and show people how much the values have gone up in the past few years. Umm.. doesn't make them liars and thieves does it? I have seen lenders quote principle & interest numbers only but I as many of my contempararys(sp) always make sure my clients see the bottom line with a HUD statement 24 hours before closing IT'S THE LAW. I can't remember how many times I've told clients"don't forget that figure is only P&I here's the estimated taxes and insurance (hoemowners associatio fees) etc etc..
Now I will admit that the laxed gun laws here in Texas do make closings easier for me than Rabbi, in Hawaii, what with me having to be able to carry my pistole to the closings. Buyer starts asking question at closing it's always important to be able to put that gun to their heads! [:0]
]"O.k. Lets get this straight BANKS/BANKERS are the ones RESPONSIBLE for where they lend their money. End of the blame game." Well obviously not but thanks, anela and Pam, for your rational attempts at ending it.
Blessings,
dave
"It doesn't mean that much to me.. to mean that much to you." Neil Young
Blessings,
dave
"It doesn't mean that much to me.. to mean that much to you." Neil Young
dave
"It doesn't mean that much to me.. to mean that much to you." Neil Young