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All Forum Posts by: Karen Parker

Karen Parker has started 17 posts and replied 384 times.

Post: Question on how to protect your deals

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

Alternatively, you can also just have an addendum added to the owner's original listing agreement. It simplifies things and protects you as well.

Post: All Hail North Carolina

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

On the contrary, I like you. I like anybody who speaks the truth no matter how unpopular it may be.

Post: Short Sale Processing Company

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42
Originally posted by Skylar Howard:
Thanks. There are other things to consider.... what happens if the short is successful, but the discount isn't what the investor was hoping for? If the investor is doing the BPO, in my opinion, the most important part of the process... then who is responsible for the deal not coming in low enough. Could be a problem.


I was doing the loss mit part of the short sale too and I also hated it so I've started looking for companies that will do the processing. Most I have dealt with are experienced enough that they know relatively close what the BPO would come in at and therefore ask for property info up front before they will agree to do it. Also, since part of their fee is coming from a percentage of that split, they work pretty hard to get you the best they can. Different companies work the payment different ways. Some want up front fees, some want a percentage of the split. I feel the ones working for the latter would be more inclined to work harder for the larger split.

Post: All Hail North Carolina

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

"SUCCESS BREEDS SUCCESS"

But unfortunately truth breeds hatred.

Post: DC Fawcett

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

As I told Robert in a private message earlier, DC Fawcett lives right down the road from me. I've never actually done any deals with him but he is a very successful and reputable investor here in the central Florida area. I'm also familiar with Jeff Kaller from up in northern Florida. Again, my personal experience is limited here but I read several complaints from other investors online that made me somewhat wary. Keep in mind that these could be someone that had a personal grievance with him about something but it did mention a real estate transaction my feelings were better safe than sorry.

Post: All Hail North Carolina

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

I think Miss California would have gotten it if she weren't such an honest and conscientious person. Too bad.

Post: Who's Attending a Tea Party Today?

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

"Where did you get homosexual act out of what I posted LOL! If you somehow drew that conclusion I think it reflects poorly on you not me."

When you mentioned the Federal Government..that's where the homosexual act came in. And it reflects badly on the American people as a whole that we've been stupid enough to let them bend us over like that for this long.

"Stop labeling liberal democratic policy as socialist. Its like calling conservative policy fascism."

No, the current party in control pretty much has fascism wrapped up as well. Stop labeling all conservatives as Republican. Not all of us are just as all Republicans are not conservative.

Other good Tea Party Signs:

Bankrupt America! Yes We Can!

Iraq Needs a Constitution. Give Them Ours. We Don't Use It!

And my fav...Commander in Thief!

Post: Debt Collection from Tenants

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

Thanks Jim. I don't think here in Florida they will garnish her wages for repayment but it is my understanding that they will in Indiana. I was trying to determine if it was worth the effort to sue her for it. If the only thing I will get is a judgment, my feelings are, no it is not.

Post: Making a Deal with the Devil

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

Should I find it humorous or extremely upsetting that the US banks that took TARP funds now regret taking that money because the Fed is now controlling them? I might find it humorous if it weren't for the fact that the Fed has now refused repayment of those funds.Iberiabank, the first to bail out of the bail out cited in this article: http://money.cnn.hu/2009/02/27/news/companies/iberia_tarp/index.htm?postversion=2009022716 as saying tightening restrictions and changes to the program puts them at a disadvantage. And then there is Goldman Sachs and B of A saying they regret taking the funds because they came with strings attached and are repaying the funds as quickly as possible. All of this tells me these banks didn't need "our" money anyway. Especially if they had it to throw around on bonuses, parties and buying entire other financial institutions. But it appears they may have sold their souls to the devil as some feel this is an attempt by BO of a fascist take over the financial institutions (see WSJ: http://online.wsj.com/article/SB123879833094588163.html). While this isn't something I didn't exactly foresee as Big Brother continues to rule and regulate us to death, I must say, it will be interesting to watch the two most hated institutions in this country battle it out.

Post: Debt Collection from Tenants

Karen ParkerPosted
  • Real Estate Investor
  • Tampa, FL
  • Posts 456
  • Votes 42

Its been around a year and 4 months since I finally got her out of the house. I spent a year fighting it out in the courts to get the property out of foreclosure so my attention has just recently turned back to that direction.