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Garth,
I realize that legal advice is worth what you paid for it but I have a friend with a real problem. His realtor sent the final escrow check to his ex- wife's address for like 6K! (Yeah, she opened it of course) Not only that but it evidently also had the final settlement doc. so now she knows to the penny just how much he made while bailing out of the SoCal bubble! I've never met her (the "ex") but I know enough that she will make this man's life a LIVING HELL until she gets at least some! Should he contact the CAR or some other association to get his commission refunded? This was a really dumb error on the realtors part and can NOT be undone. I told him to have them put a stop payment on the check ASAP just in case she has a "friend" at the bank. Please people, do not flame me as a woman hater! I'm not, I just look out for my clients and if I sent an account statement to anybody's ex I know I would never hear the end of it. This is simply malfeasance of office. Btw, this was OT. I'll take your comments "off the air".
Garth,
Thanks! I mean that! It's just that when you're so close to a problem you can't seem to be able to see around it. I had, repeat HAD a lot of dollars tied up in MBS and after "nursing" the position on a daily basis I concluded that the risk just wasn't worth it. I'm much better now thank you.
Thread suggestion:
"Best of Patrick." May include exchanges/wars. Limit 1 entries per poster per category.
You only need to ID the categories. Stupidest, Foulest, Smartiest, Most Arrogant, Best X impression, Most Foreign Words, etc. Or leave the categories open.
The Simpsons run the occasional retrospective when the writers get lazy. They're still funny, right?
New thread for ZIRP, dollar devaluation, and related discussion:
ZIRP, Global Imbalances, and Home Prices
Please continue to discuss der Zeitgeist in this thread. It's just that the PIMCO ZIRP thing has exploded into a discussion all its own.
Hey BA,
When you say "really bad", do you mean bad as in nothing is selling and prices are going down, or that houses are going up in price? Reason being is that Austin is one possible place me and my wife might move to, but it seems that the cost of housing in the last 2 years has gone way the hell up. We figured we would wait and see if it's RE markets crashed too.
George
Thanks. I'll take a look.
Garth
I like your idea of 'Patrick,the best of" That is a must do thread idea!
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"Property Values are Going Down, Down, Down"
...from the Sacramento Land(ing) blog.
The article reads:
"Whoever marries the zeitgeist will be a widower soon." - August Everding
Post suggestion by Garth Farkley