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Kevin and Fred will be hosting viewer week in the very near future. If you've got a story, step out of your comfort zone and share. Today's episode revolves around investors and strategic defaulters. Check out the events page for Short Sales Gone Wild!
Thank you for saying it how it is … so true!
AHMAIN !!
Funny Kevin because I had the same exact conversation with Johnson back in Jan of this year. Homeowner who had a legit hardship (job relocation to tenn) but had ability to pay and they would not approve w/o contribution and after fighting it for a couple weeks he calls me and says we need to look out for tax payers. I told him as a taxpayer who pays his salary i was pissed because obviously this person who had not made a payment in four months was going to let it go to foreclosure and he was wasting my money.
He must have a lot of luck with that line though if he is still using it seven months later.
HA HA…Dean when he said that to me I flipped out and started screaming at him.. it wasn’t pretty. Needless to say, Mark Johnson doesn’t return my phone calls or emails anymore..
Love it!
Freddie Mac just keeps proving that they are Fannie Mae’s mentally challenged cousin…..seems to be a lot of inbreeding in that family….
It’s all about Pride and Ego! How many businesses use strategic default and nobody blinks an eye? It’s just unfortunate that a homeowner has his PERSONAL finances and credit tied up in his home … otherwise a stategic default would be MUCH easier!
Truly, if the lien holders were making decision by the numbers they’d be accepting short sales as fast as they could AND letting these people turn around and buy another property if they qualify. It BURNS me that FNME and FDMC aren’t allowing another home purchase for at least 2 years after a short sale, even if the homeowner stayed current. Grrr.
Barbara Rice, Las Vegas
Realty Executives of NV
702-523-7907
ONE OF MY FAVORITE POWER HOUR VIDEOS OF ALL TIME!!!! AHAHAAHAHAHA – Couldn’t agree more with everything that you both said!