All Forum Posts by: Myka M.

I am agreeing with Mike and Bill here. Competency was the first concern that popped into my head. I say this with experience as my mother is technically incompetent, however, not legally incompetent as of today. Like any caring family member I would question any large decisions like this coming from her at this point.

Not to discourage you from deal-making with with of age adults. Just watch the length of your deal, disclosure, make double sure there is complete understanding and make sure that you have a lawyer draw up your paperwork for this, even if you have standard forms that you already use. In all seriousness, if this person passes on and you still have a balance you want to make sure your deal is secure.

I think bringing the family in would be like asking a bank for a short sale at below listed value and then calling your end buyer right in the banks face and setting up a double close for a $100,000 profit.

If you bring the family in and it is ever in question that she is incompetent then you could have a situation where someone could say well if you thought she was competent why did you invite her family to see if it was okay? Not to mention that it could possibly be a slap in the face to the current owner.

Or I could be wrong. These are our personal opinions, I am not a lawyer. In a nutshell, consult your lawyer to get the best answers.

Yeah, Ok ... I'm game Bill, Jordan and Michael. What time is the chat??? I'd love to be there! :whistle:

It is funny how this article means a totally different thing to me. What I see is:

How dare these people to come in here and make money when our best and brightest can't. If we aren't making the profits then no one should!

This is what the story behind the story is.. if you can't get to the site:

Me- "Hey can I buy a piece of bubble gum from you for $1.00? I see you have a warehouse full of it and no one is buying.

Mr Bubblegum Bank- Sure, I've been trying to get rid of this for a while.

Me- Thanks. I don't like bubblegum but I have a friend here who loves it!

Hey Chewey, Want to buy this bubble gum for $2.50?

Chewey- Oh yes! I have been looking for this gum everywhere!

Mr. Bubblgum Bank-
HEY!!! You are so evil! NOOOO...How can you do this to me?

Me- Can I get two more packs?

LMAO!!!! :joker:

Oh yeah, I forgot about that one!!! :lol:

You can learn so much here... Stick around and pay attention! Welcome to BP!

Wow!!! Two years later and this is still in debate... Speechless.

I can't stand people who use incorrect grammar (contractions)..... I just have to let it out!!!! I almost don't even want to log in to sites anymore.

Quick lesson.

You - I hope you know what this is and means.
Your - This is YOUR possession.
You're - You are!!!!! You're going to the store for me aren't you?

They - As in those people. They like me, they really like me!
They're - As in they are. No, they don't like you, they're just saying that.
Their and theirs - Their rights as citizens have been forfeited. The choice was theirs to make.
There- Like In or at a place opposed to here. It's over there.
There's- Like There is. There's some real estate I want to purchase.

People please educate yourselves. Professionals will not (won't) and can not (can't) see you as a professional when you write things like...

Your just gonna have to get over their. That is not a sentence!!!!! AAARRRGHHH!!!
Plus it really makes me want to :shoot:

Honestly, when I come across a professional who uses third grade grammar like this, I have to ignore every word that comes out of their mouth. If you can't grasp these simple concepts how in the hell are you going to put together a complex, multi-million dollar deal?

I'm sure someone here can help ya. fortunately I haven't ran across that problem, and the only reason I am commenting is to put it higher on the dashboard so someone will hopefully respond. I'm all for learning about something new!

Good luck!

Guess this wasn't a very popular subject eh? Well thanks to all who participated.