It just baffles me how people want to blame bankers, real estate agents, loan officers, appraisers, etc.. for the real estate bubble. The real estate bubble, just like any other bubble was caused by a frenzied increase in demand from a new influx of buyers willing to pay more to obtain the desired item. . . . → Read More: Buyers are to Blame for the Real Estate Housing Bubble
|
|||||
|
 Categories - Real Estate Horror Stories, Rotten Real Estate News Tags - buyers, housing bubble, investing, real estate bubble In Suze Orman’s book The Money Class, she advises her readers to, “Do the calculations everybody. How much is it costing you to actually stay in that house? How many years will it take for you to pay more for that house than it is worth? If it’s 3 years, 4 years, 5 years, . . . → Read More: Walk Away From Suze Orman’s Advice Not Your Mortgage In Columbus, Ohio, police caught one of two suspects believed to be responsible for a number of area robberies that took place during Open Houses. When local Realtors first became aware of the problem they started photographing vehicle license plates of people entering their clients’ houses. These photos eventually helped to . . . → Read More: Open House Thief Caught Really Rotten Realty is proud to announce the release of the Robo-Descriptor 9000 – MLS Description Generator. Now we can create effective listings and offer our clients the quality of service we feel they deserve while minimizing our efforts. . . . → Read More: The Robo-Descriptor 9000 – MLS Descriptions Made Easy On August 22, 2011, AgentHarvest announced that it will create and maintain The AgentHarvest Top 3, a ranking of top-selling real estate agents and share that list with its clients for free. The first metro area will be the Dallas/Fort Worth Area. Other areas in Texas and the rest of the United States will follow. . . . → Read More: DFW Real Estate Agents That Aren’t Rotten See how far some homeowners go to destroy their house before handing it over to the bank during a foreclosure. Find out who the real victims are, besides the bank, . . . → Read More: Trashing Foreclosed Homes Categories - Criminal Activity, Real Estate Horror Stories, Rotten Real Estate News Tags - Foreclosure, house, trashing home To get buyers’ attention, real estate agents are resorting to sexual images in ads to sell real estate listings. Here are a few examples. . . . → Read More: Pimping Real Estate By Using Sex Categories - Agents Behaving Badly, Funny Stories Tags - Agent, real estate, real estate agent, realtor, sexy What do God, ancient Chinese philosophy, psychics, witchcraft and Saint Joseph all have in common? These are the new tools in the real estate agent tool bag. Apparently some agents are willing to blame their unsold listings on “bad energy” and are using mystical techniques to get rid of all that negative energy to bring more ying & yang balance into their listing. While other agents don’t believe it will work, they also believe it couldn’t do any harm and are desperate enough to try it. . . . → Read More: Psychic Staging – God, Witches, Pegans, Psychics & Qi Sell Houses Categories - Funny Stories Tags - feng shui, god, listing, real estate, st joseph statue, witchcraft Homeowners aren’t the only ones making an investment decision to walk away from their mortgages. Apparently banks are walking away from their abandoned properties too. Banks that hold properties that suffer from deferred maintenance, vandalism, or declining property values may cost more to foreclose, manage and sell than the property is worth. In situations . . . → Read More: Banks Are Abandoning Foreclosed Homes Too Categories - Real Estate Horror Stories, Rotten Real Estate News Tags - abandoned home, bank, Foreclosure, mortgage P.J. Deller Excavating & Hauling, a demolition company contracted by the City of Pittsburgh accidentally tore down the wrong house due to an address mix-up. Ooops? One would think that the key to success for a demolition company would be the speed and efficiency of their demolition process, but you’d be wrong. Actually the . . . → Read More: Wrong House Gets Demolished By Accident A summary of December, 2010′s real estate market activity in DFW Active listings – 39,018 Cancelled listings – 4,901 Expired listings – 5,617 Sold listings – 8,281 Days On Market (DOM) stats for all houses that didn’t sell last month that are still for sale. Houses have remained unsold for a . . . → Read More: Rotten December 2010 MLS Statistics for Dallas/Fort Worth, Texas Categories - Really Rotten MLS Statistics Tags - Agent, Dallas, Fort Worth, MLS, NTREIS, real estate, realtor, Texas I can’t imagine how difficult it must be to go through a foreclosure. Just imagine the humiliation if everyone you knew found out about your foreclosure? Now you don’t have to imagine it, you can Google it! Google now gives you the ability to search for foreclosures on Google Maps. Not only is Google . . . → Read More: Google, Trulia, Zillow and Realtor.com Now Offer Misery Searches Categories - Real Estate Horror Stories Tags - Foreclosure, real estate, realtor, search, trulia, zillow Banks are foreclosing on homeowners who are in default. While they’re at it, they’re even foreclosing on homeowners who are either current with their payments or don’t even have a loan with that bank. The confusion created by the robo-mortgage fiasco has resulted in lots of mistakes involving who owes what, and where those . . . → Read More: The New Foreclosure Victims – Innocent Homeowners Like You Categories - Criminal Activity, Real Estate Fraud, Real Estate Horror Stories Tags - Foreclosure, Fraud, mortgage, real estate, REO, robo-signers A summary of November, 2010′s real estate market activity in DFW Active listings – 42,719 Cancelled listings – 2,259 Expired listings – 3,375 Sold listings – 4,406 Days On Market (DOM) stats for all houses that didn’t sell last month that are still for sale. Houses have remained unsold for longer than: . . . → Read More: Horrible MLS Statistics for November, 2010 – Dallas/Fort Worth, Texas area Categories - Really Rotten MLS Statistics Tags - Agent, Dallas, Fort Worth, MLS, NTREIS, real estate, realtor, Texas Did you commit a real estate fraud related crime and are afraid you’ll lose your real estate license when you go to jail? If it’s a California real estate license, then don’t worry. Apparently lots of agents convicted of crimes still have their license and are legally permitted to still practice real estate. That’s . . . → Read More: Practice Real Estate While In Jail – Only In California Categories - Criminal Activity, Real Estate Fraud Tags - california, crime, real estate fraud, real estate license |
||||
|
Powered by WordPress & the Atahualpa Theme by BytesForAll. Discuss on our WP Forum |
|||||