Legit question, Maris....if I came to you and said "I have a $1M budget to spend on a house, help me find one on 20acres (or whatever)", do you (or can you) do any type of questioning to see if I'm full of crap and wasting your time, or do I have to have a pre-approval in hand, or what? I didn't know about your bolded rule above, though I've never attempted to buy property in Oregon
LOL. Realtors do not "sell" homes. Realtors list homes for sale and market them. Realtors assist buyers in finding homes that are listed for sale. Realtors assist buyers in presenting their offers, and assist sellers in responding to those offers. Realtors assist with information on relocation, employment, schools and recreational activities in the area. And I've yet to meet a single home buyer who "bought a home they couldn't afford". Of the multitude of short sales and foreclosures where I've met the people losing the home they've all fallen into these categories: 1. Skyrocketing healthcare costs destroyed their savings forcing them to sell their home in a depressed market where they could not recoup their investment. 2. They were conned into a loan by a bank representative or a mortgage broker where the original fair terms were changed after a couple years to punitive and unconscionable terms that both the mortgage broker and the bank knew from the start would likely result in a foreclosure. 3. They lost their job and were unable to find comparable employment, if any.
I treat all inquiries as serious. Anyone "wasting my time" would obvously be wasting their own time as well, and I don't really believe many people out there have no better way to waste their time than to look at homes unless they have some sort of interest in eventually purchasing one. Admittedly, some Realtors are lazy or don't see the big picture and blow off prospective clients who don't seem ready to buy today or don't know exactly what they want or don't plan to purchase until some distant time in the future or want to see a ton of homes so they have a better idea of what's available. These Realtors may say they need a pre-approval letter before they can show you property. What they really mean is don't make me work too hard, just come see me when you're ready to buy a home. These Realtors are idiots, and don't last long if they actually depend on income to survive. A typical millionaire in Beautiful Central Oregon wears faded, stained coveralls and a 40 year old cowboy hat that looks like his horse tried to eat it. He drives a 15 year old, banged-up pickup with no AC or stereo in it. He may originally be inquiring about a bare lot for $8,000 but if he respects how he is treated on first impression may end up buying a huge ranch through the Realtor. I'll show property to anyone, anytime, no pre-conditions. I enjoy meeting people and I enjoy showing property. Once a client feels they are ready to get serious about finding THE property that they might make an offer on, I advise them to get a pre-approval letter from a lender. It requires very little effort, usually a 5 minute phone call. The reason it's good to have one is most sellers, and nearly ALL foreclosure sellers, require that you submit a pre-approval letter with your offer. They won't look at your offer until they get that from you and they may acept another offer while you're scrambling to get your letter.
Looks like Pakistan can handle this sort of thing just fine: http://news.yahoo.com/arrests-made-shooting-14-old-pakistani-girl-114530782.html Pakistan has arrested three suspects in the remote Swat Valley for the shooting of 14-year-old activist Malala Yousafzai. Police say the three men, aged 17 to 22, were involved in the attack, but that they all said the mastermind was a man Attaullah, who is still at large. I strongly object to the use of the term "mastermind" for anyone involved in shooting a 14 year old girl. My guess is they are borderline retarded.
I'm puzzled by the title - if not us, who? What exactly are "us" supposed to do? Please be specific. There have been protests both from women worldwide (and men) and an official protest by the US. Are you saying mount another invasion of another country? Or what? This was not the only recent attack on a schoolgirl. In the Philipines, another 14 year old was abducted and repeatedly raped over the course of a week, when publicity about her disappearance scared the rapists into releasing her. Her school called the entire student body together and publicly expelled the girl in front of all the other students for having brought "shame" to the school. Brian, you can try to put the blame on one religion. I just wish it was that simple.
So if a person had been pre-approved for a loan that they could not afford, you'd go ahead and show them homes in that price range, get your commission, and then say it's not any part your fault when they lose their home a couple of years later? Ed O.
We did, over a decade ago. I'm guessing you've never heard of Operation Enduring Freedom-Philippines. There are bad guys in the world, who do bad things to normal, everyday people. It's not because of religion. I've read the Qu'ran much like you've described how you've (crandc) read the Bible (cover-to-cover without "believing in all the stories"). I don't claim a complete understanding, but I know enough to know that madrassah-preached "jihad" doesn't mean what the Qu'ran says it means. Even using the word "infidel" or "kafir" against a Jewish or Christian person (ahl-Al Kitab: "Person of the Book") is not allowed unless specifically quoting the verses (such as 3:55). What the evil-doing mullahs are doing is not based any more on religion than Hitler's assertion that "I believe that I am acting in accordance with the will of the Almighty Creator: by defending myself against the Jew, I am fighting for the work of the Lord." It's lunacy wrapped in greed for power, and I don't have to tell you about what happens when that goes unchecked. We've seen just in the last two decades that the subset of people who have both the might to make right and the will to sacrifice for it are diminishing. Of those on the security council, only GB stands with us in caring at all about the rest of the world's problems (other than "how to exploit them"?). Just by open-source info you can see what China and Russia are doing in their defense and intel programs, and see how their UN agenda coincide with them. France is cool playing along when neocolonialism is in vogue, but don't want to get involved in messy things like nation-building. I invite anyone to read up on the last few months of WWII. Check out the differences b/w how Europe turned out in the latter half of the 20th century vs. how Japan turned out. Investigate the methods MacArthur used in dealing with the Soviets and Chinese vs. how Ike dealt with the Soviets. For good or ill, one tenet of "being American" is trying hard to be the good guy and stick up for those getting raped and pillaged. And in the case of this 14 y/o Peace Prize-winning girl who just wanted to go to school, you can "decry" all you want to--as long as the Quetta Shura Taliban and LeT are being sponsored by Pakistani ISI, they're not going to do jack about it (if even they could, anymore). There's a large difference between doing jack shit and "invasion". (See, OEF-P above. Or JSOTF-TransAfrica. Or what 4th Fleet or SouthCom is doing today). Just because something doesn't make the HuffPost or Breitbart (or MSNBC or Fox or CBS) doesn't mean it doesn't exist.
How would Maris know they can't afford the loan they are pre-approved for? If a someone tells Maris that they are pre-approved for a $300,000 mortgage and would like to see homes in that price range do you want Maris to pull a credit report on them? ask to see a budget? go over their monthly expenses to see if they can afford the house?
Sadly, that's kind of the MO for the Pakistani forces. Round up the flunkies, don't worry about inconveniencing the guy giving the orders, making the plans, making the bombs, or coordinating funding streams.
No more than if someone paid you for their services with their mortgage payments and lost their house. Since all my clients are either still comfy in their homes or have re-sold them for a profit I'll have to address your question hypothetically. Hypothetically, the only way someone can be financed for a home they cannot afford, or will not be able to afford in the near future due to contract changes scheduled in the original loan, is through blatant fraud. The fraud would have to be perpetrated by either the buyer, the mortgage broker, or both. The fraud would also have to be deliberately ignored by the lender's underwriter since most fraud is easily detected in this process. As a Realtor, the only way I could have knowledge of this would be through a confession from my buyer or the mortgage broker. If something like that ever happened, or even if I suspected it was happening, I would withdraw myself from the transaction and from any future association with the suspected party or parties. The typical over-financing scenario involves a mortgage broker who tells the client to leave out certain info or fudge about their income, and?or tells them not to worry about the "hidden" rate increase in 2 years because they can easily re-finance on their equity at that time. Sometimes the client may deceive on their own, but the mortgage brokers should catch it if they are following the law. But I really feel the lender fraud hype is sort of a red herring to distract from the bigger picture. But as I've said before, the vast majority of foreclosures are due to the skyrocketing cost of living (healthcare, gas, food) and the falling rate of compensation for the average American worker. The upwards redistribution of wealth from the pockets of the American middle class to the Cayman Island accounts of the Mitt Romneys.
Quote Originally Posted by MARIS61 View Post Looks like Pakistan can handle this sort of thing just fine: http://news.yahoo.com/arrests-made-s...114530782.html Pakistan has arrested three suspects in the remote Swat Valley for the shooting of 14-year-old activist Malala Yousafzai. Police say the three men, aged 17 to 22, were involved in the attack, but that they all said the mastermind was a man Attaullah, who is still at large. I strongly object to the use of the term "mastermind" for anyone involved in shooting a 14 year old girl. My guess is they are borderline retarded. Well, here's their conundrum. I googled the name Attaullah and their suspect is a pretty popular guy. http://en.wikipedia.org/wiki/Attaullah_Khan_Esakhelvi [video=youtube;oRoDbwoeBcQ]http://www.youtube.com/watch?v=oRoDbwoeBcQ[/video] And he lives in a fortress. [video=youtube;0yJsx4z5rI4]http://www.youtube.com/watch?v=0yJsx4z5rI4[/video] They may need a SEAL team after all.
So, does this mean we need Pakistan to do something about this? http://usnews.nbcnews.com/_news/201...irl-jessica-ridgeway-authorities-confirm?lite
I feel as if you're being purposefully obfuscatory here. If you don't understand the difference here, I don't know what to tell you. If I came out to the media and said "BrianFromWA ordered her murder, and will continue to kill 10 year old girls in the Denver area until you declare that Pastor Terry Jones is made into the King of the US and the Constitution is ripped up", I'm relatively certain that we wouldn't need Pakistan's help.
Brian you still have not answered my question. What are "us" supposed to do? Thousands of Pakistanis protested Friday the attack on this young woman. Mostly women! Some of the suspects were arrested. I know there are international petitions that "us" can sign but clearly you want more, what?
