Page 1 of 1
1-5-2010 8:20 am
Posted: Tue Jan 05, 2010 6:53 pm
by mr tibbs
The death of Lone Summit Home Inspections. The old man does not want to keep it going. I could tell this was coming as soon as I got another job. No way in hell was he going to all of the meetings I was.
Posted: Tue Jan 05, 2010 7:43 pm
by Pillow
I would think the REO prop maintenance would be HUGE!
With banks secretly holding an estimated 1.2 million homes and all.
Check out
www.biggerpockets.com for some great RE insider/investor chat.
Take care and keep your head high man, it all comes full circle eventually.
Posted: Tue Jan 05, 2010 8:31 pm
by mr tibbs
Pillow wrote:I would think the REO prop maintenance would be HUGE!
With banks secretly holding an estimated 1.2 million homes and all.
Check out
www.biggerpockets.com for some great RE insider/investor chat.
Take care and keep your head high man, it all comes full circle eventually.
I have a federal gubment job now, I'll be fine!
I just wish this would have worked out. It's kinda nice being your own boss!!
And the REO thing is dead. The problem is that banks are holding too
many homes. They don't want to pay for any maintenance on them right now.
Posted: Tue Jan 05, 2010 8:46 pm
by Pillow
You and I are singing the same song... I am going through the hiring process for govment cheese as well. looooooong process.
Depending on what happens I really would like to keep my business going on the side though.
Don't even get me started on the banks... They will not loan money out. They are holding a ridiculous amount of REO inventory. They have taken tax payers money and government subsidized/leveraged all these properties. Now they want out of the government program and is telling Uncle Sam to piss off... Without getting too cryptic and staying on point. The government propped up these banks with OUR money and then keeps railing the consumer with foreclosures and the inability to access credit for homes or cars. It is a load of crap! Then banks /press want to talk about moral responsibility of the homeowner to repay mortgages... FU!!! At this point it is "just business" if my home crosses the - equity point I will be hard pressed to want to pay the mortgage. Calculate that risk bitches!
Oh, jess sorry! LOL