http://realestate.yahoo.com/Real_estate_news/story?s=rytimes/item-7a561f8d38111a8d3ce9cf67da8e277b.html
The real estates agents, the escrow companies, the banks...all in this together to make the sale...push the deal through...make the commision/money regardless of moral or ethical precepts(and one wonders why this is another aspect of society that has gone rotten since we fired God), you sure lead the sheep to slaughter on a massive scale of deception.
When I buy my first house, I'm sure not using the 1st two mentioned above...
"It pays to have a realtor"...really? Who does it pay?
No, not all realtors, escrow companies or bank employees are crooks...but just like Enron employees...nobody seems to be accountable for ANYTHING..."I just work here".
2007-06-11 14:01:15 · 8 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Not a question
2007-06-11 14:05:19 · answer #1 · answered by ckm1956 7 · 1⤊ 2⤋
First of all it concerns me, this violent opinion of yours, being that you are not a homeowner. You're the type of Christian that judges his fellow man, so not surprising.
I find it laughable that you will attempt to buy a house without escrow. You'll find it cheap at the price you pay to prevent people taking liberties with your hard earned dollars. Next you'll say you don't need title insurance--come to find out, Whoops! Uncle Sam just foreclosed on a tax lien you knew nothing about.
Then, you'll try to write an offer on a home by yourself and realize that theres not only 40 things in the contract you're not familiar with, but nobody wants to do business with a loose cannon. Then, you'll get a discount broker, and cry in frustration as your deal self destructs, and your discount agent just collects minimum wage and downs coronas.
Not to mention the SELLER pay's the buyer's real estate commission anyway.
But sure, it's the lenders fault. Clearly, it was their bad when they forced all those poor defenseless consumers at gunpoint to buy their dream homes. If ignorance was a legal defense, conficted murderers would walk the streets.
In closing, in this litany of people you name personally responsible for "duping" us, you forgot one group. We the sheeple, who blindly followed the leader, who tangled with free market capitalism to achieve the American dream of owning a home. Thats who's responsible for making homes unaffordable to you, your own neighbors.
2007-06-11 22:02:33 · answer #2 · answered by Anonymous · 1⤊ 1⤋
A most unusual post, and one which I am now prompted to answer. You are more than welcome to not use a real estate agent or an escrow company if and when you make your first home purchase. However, don't come crying to either of us when you get your backside into deep trouble because you didn't know what you were doing.
The greater majority of real estate agents, escrow/title firms and lenders are honest and trustworthy. You seem to have dumped all of us into the same cesspool with the minority who are not ethical.
Frankly, if someone like you came to me for services, I would be heavily tempted to tell you to find another agent. I work hard enough without having to deal with clowns like you.
2007-06-11 21:05:55 · answer #3 · answered by acermill 7 · 2⤊ 2⤋
it is not the escrow companies, the banks, or the realtors it the buyer who thinks the best deal is the one that buys them the mcmansion for next to nothing. zero interest for this money months and no money down. you have to read the paperwork to see the downside.
2007-06-11 21:06:37 · answer #4 · answered by ronmarie 2 · 2⤊ 1⤋
You'll still get screwed. I was aware of every scam and I still had to allow a couple of them to go through to get the deal done in a timely manner. The only solution is to pay cash.
2007-06-11 21:05:55 · answer #5 · answered by Renegade_X 3 · 1⤊ 0⤋
The above poster was so good that I think you should read this part again:
"In closing, in this litany of people you name personally responsible for "duping" us, you forgot one group. We the sheeple, who blindly followed the leader, who tangled with free market capitalism to achieve the American dream of owning a home. Thats who's responsible for making homes unaffordable to you, your own neighbors."
2007-06-11 23:34:43 · answer #6 · answered by Shane 5 · 0⤊ 1⤋
You are correct in what you post but don't expect to win any friends around here by speaking truth.
2007-06-11 23:32:51 · answer #7 · answered by Nancy 4 · 1⤊ 0⤋
the article sounds like adoom and gloom story. anyways i wonder how property evaluators evaluate, o its by nearby houses. i dont know if they ever devalue a house but that would mean less taxes to government. so....
2007-06-11 21:05:38 · answer #8 · answered by bullet b 4 · 0⤊ 1⤋