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"Watch out when the banks report." Was our fellow SLO member correct !!!!!!
Being a Realtor, I saw this coming along time ago. People were given loans
that I could not believe how did they get them. Now we know those answers
and more." What a fine mess you've gotten us into this time. " Hardy always said that to Oliver.
Guess I dated myself. Well I am old fashion in many ways and I believed in having money down.
The buyers had NO risk in these real estate deals then and still do not today. Why because
they had bad credit then and have worst now. They got a hand out then and are now looking
for another one. How many of you would have liked to get the hand out the banks are
looking for. I am just hoping for a closing. I am not one of those mega teams or mega producers
their only thoughts were numbers at any cost. People I helped buy a home were friends
or became friends. I prided myself to the golden rule and will continue to hold that my life's value.
Sad that greed once again has marred the financial world again . I know it is asking a lot that
these events do not happen again, we all know the real truth of what will happen.
I am saddened that it was my industry that has brought so many sad faces and
emptied your portfolios. I hope one of these days it will be my industry that will make you a few bucks.
Don't let your sons and daughters grow up to be Realtors ,let them be Bilingual in computers.
The DuffBeer is still good and I encourage you to try one for your self.
Cheers,
DuffBeer
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Comments (1)
I was one of the people who said, "Watch out when the banks report." Would I had followed my own advice.
Posted by Eileen Teska | November 26, 2007 11:10 AM