Wednesday, November 3, 2010

It's Time to Play Big Dose of Reality....

today's game is brought to you by people who can't control their implusive spending, corrupt banks that couldn't help but leave people swimming in money (aka debt that they could never repay), and the Party of No!

First Question: What would you do if you wanted to list your home in the 2010 market, however the listing price is the same as the appraised value from 11 years ago??

a. unpack all your treasures again 'cause you're not going anywhere.
b. curse Bush 2.0 and those who came before him...all the way back to the president after FDR.
c. raise your child in an area where they could possibly film a whole season of Cops.
d. if it's this bad for a family that has a stable-ish job and a slightly sensible mortgage, pray HARD for those families whose jobs are on the chopping block and who are teetering on the brink of foreclosure.

doo doo doo dum, doo doo doo.....
The answer is All of the Above, Charlie!

Second question: True or False. Can you negotiate the price of a short sale home?

doo doo doo dum, doo doo doo.....
The answer is false. You'll need to pay listing price. And as an extra added bonus, you'll pay extra fees too as the banksters way of saying, "Take that!", er, um, ahem, we mean "Thank you for your patronage (and more money we can throw toward the casino!)" It is actually easier to purchase a property that has been foreclosed on (taking down a low to middle income family with it) than it is to help them save their credit and find yourself a nicely discounted farm, turning the situation into a win-win for everyone.

We're sorry you didn't win anything on today's episode of "Big Dose of Reality." But as a lovely parting gift, we'll leave you with more cardboard and packing tape than you could ever use in your lifetime. Plus, the extra bills this month to fix the kitchen floors and the second coat of paint for the deck.

The more the mess unravels, the more ashamed i feel about the country of my origin.

This is not what America has been about these last 234 years. Except for maybe a short time during the 70's and 80's where you couldn't sell a home if your life depended on it and you were stuck in line for gasoline.

Good day, fellow Americans, and good luck!
It's murder out there!

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