There are times that my husband and I work so many hours. If we are not working - we are running 
with our two children. Sometimes - actually more often than not - time just flys by us. ...
I would like to spend some more quality time with my husband. But don't you think this is taking it a bit too far?
Ok - I would like to know if anyone EVER bought one..
You know there are days that I just can't understand how people think and why they do things that they do. There are days that I just don't "get it". Some agents think and feel that they are the only ones who are upholding, truthful, work the hardest and all other agents or the industry is just going to pot. Its not the industry people - the real estate industry is just fine - maybe a bit mixed up from time to time, but on the whole its the agents/brokers in this industry that make it crazy. There are days that I as an agent/broker have no control over.
We just closed a deal in my office and it was a quite rare case that I have to admit I am seeing more and more of lately. This was a woman and her family that were renting a home fore 4 years and paying $2800.00 in rent, plus utilites - so you have to figure about another $500-600.00 more. Well this renter was told by the owner of the house that he was going to sell it after this summer, so they would have to move. Thats where we come in. They came to us to find them another house to rent - to stay around the same amount that they have been paying. Now, these people make over $100,000.00 a year, have not so good credit and have not one dollar in the bank. Not an easy rental. So when the family found out that to rent an apartment it would cost them almost $8400.00 just in security, 1st months rent and the fee to the agency they decided it would cost them less to buy a house. Ohhh, yea - you heard right. They decided that they would buy a home for LESS MONEY than to continue to rent. They have ZERO money saved - no 401K, no retirement funds, no life insurance - nada, nothing, zilch...
So they found a home that they loved through my office, made an offer with full terms disclosed (zero money down, close in 45 days and 106% financing). The sellers just loved this family and agreed and accepted this offer. I was floored.
Getting the mortgage I thought would scare them off - they wont get it. How could they get it? They have bad credit and they are putting NOTHING down - NOTHING in escrow because the buyer spoke to the seller and agreed on it. Even the attorney's were freaking out. The mortgage process was a breeze - easier than some 80% financing that I have seen. I was again floored.
The appraisal had to come in at the 106% financing amount - and I thought maybe - just maybe it wont. ohh it did.. they were on the way of owning a new home. Again I was floored. So the sale went through - they bought the home (they are paying over $3500 just in mortgage). But the point being that they were insisting on buying a home - who am I to tell them or the agent to tell them that they can't buy a home. To wait. To be smart. I know that this home will be hard for them to handle - but they insisted - so I sat back waiting for an attorney, mortgage broker someone else other than me to tell them to wait. So now here is what I want to know - My selling agent did not phsyically stand in thier way of buying this home. We advised them and they went against it - when/IF this home breaks them (which I really hope it works out) Will my agent or myself be the ones being blamed for KNOWING that this would be difficult?
This is a case of honest, hardworking and truthful agents - who gave the buyers what they wanted.
I can't get away from this story - so I figured I would join em. This man traded one trade after another and got a house all from one red paper clip. I have a hard time with this whole trading thing just because I am not the trusting type. I would have to worry that my trade item would get taken and not traded in return. Then I would worry that the afternoon with Alice Cooper woould be a farce and the part in the Corbin's movie would be cut and FORGET about the house trade - I would have to worry what was wrong with that house. So, I have jumped aboard and posted about the "RED PAPER CLIP".
Wow. Good thing I did not make a bet on this, I would have lost!! Everything in New Jersey is closed! This is the first time in 28 years that a casino has been closed. But because the law requires a state regulator to be present, and there are none right now - then the casino's have to close. But not only the casino's - it is any State Park, any beach and some vitale jobs where the workers are working without pay. I can not for the life of me understand HOW this shut down will help come to an agreement, but hurt the family's that are forced to stay home WITHOUT pay or worse.. WORK without pay. So that means if YOU worked as a nurse or a social worker or child welfare in the State of New Jersey then you would have to have a babysitter watch your kids so you can go to work for free... And this will solve the budget HOW? Newsday Has the full article...
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