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All Forum Posts by: George P.

George P. has started 253 posts and replied 1361 times.

Post: So whose fault was it?

George P.Posted
  • Real Estate Investor
  • Baltimore, MD
  • Posts 1,493
  • Votes 268
Originally posted by Jon Holdman:
Her attorney advised her to sign this contract? What was he thinking? You've never made a financial decision you're later regretted? Especially at a closing, where you're faced with a stack of documents to sign and a bunch of people wanting to just get done. If you're the one that reads every document thoroughly in closings, you're the exception.


I understood that it was her understanding that there was a mistake, not attorney's suggestion "to sign and get it fixed later". However, if an attorney advised her to go ahead and sign and then fix it later, how come his/her name is not mentioned in the article? I think he has done more damage than the person who falsified the paperwork. It's an attorney's job is to represent the client; and if he didn't do it - he should have been sued as well.

Post: So whose fault was it?

George P.Posted
  • Real Estate Investor
  • Baltimore, MD
  • Posts 1,493
  • Votes 268

"Thomas soon learned that her loan was at 10.625 percent interest, with a monthly payment of roughly $4,600, well above the $3,000 she was expecting. She signed the contract anyway, at the urging of her attorney at the time, figuring it was an honest mistake and Wells Fargo would correct it."


I think she knew that it smelled bad and - remember - no one twisted her arms. She signed the paperwork despite her own acknowledgement that it was wrong or even fraudulent - is she at all responsible for getting this mortgage?..... Any contributory negligence?.... Remember, she is not an uneducated person who lived all her life on top of the mountains and then decided to get a mortgage without reading the papers...........

Post: suggestion

George P.Posted
  • Real Estate Investor
  • Baltimore, MD
  • Posts 1,493
  • Votes 268

perhaps it would make sense to create a forum for Roth IRA/IRA investing?
:violin:

Post: Who knew

George P.Posted
  • Real Estate Investor
  • Baltimore, MD
  • Posts 1,493
  • Votes 268

More than 20.7 million businesses didn't have employees in 2006, but they generated more than $970 billion in total revenue, according to a new Census Bureau report.

These nonemployer businesses included 18.2 million sole proprietorships, 1.4 million corporations and 1.2 million partnerships. Nearly 8 million of these businesses were in three sectors: real estate, rental and leasing; construction; and professional, scientific and technical services.

Nonemployer businesses reported average receipts per location of $46,724.

http://baltimore.bizjournals.com/extraedge/washingtonbureau/archive/2008/08/11/bureau5.html

Post: So whose fault was it?

George P.Posted
  • Real Estate Investor
  • Baltimore, MD
  • Posts 1,493
  • Votes 268

Jury gives woman $1.25M in lawsuit over mortgage
Whole story here -- http://www.bizjournals.com/baltimore/stories/2008/08/11/story8.html?b=1218427200%5E1681713

When do we start being accountable for our own actions? Why is the victim mode is the default mode of our behavior?......

Post: How to get funding to purchase a delinquent tax property?

George P.Posted
  • Real Estate Investor
  • Baltimore, MD
  • Posts 1,493
  • Votes 268
Originally posted by Sniper .:
You might want to start here [[EDITED BY MODERATOR - Links to other RE forums not permitted.] (which is also a wealth of knowledge)
Hope it helps

I first looked into BP's articles on wholesaling and since I didn't fine any, I posted link to another resource. :oops:

Post: The Best Commercial Real Estate Investing Course???

George P.Posted
  • Real Estate Investor
  • Baltimore, MD
  • Posts 1,493
  • Votes 268

I always thought CCIM is for the agents/brokers. Please correct me if I'm wrong.

Post: Creating a brand and tracking the results

George P.Posted
  • Real Estate Investor
  • Baltimore, MD
  • Posts 1,493
  • Votes 268

Makes sense, makes sense
I appreciate your input, Jason and Mike

Post: Contract Clause Help is needed

George P.Posted
  • Real Estate Investor
  • Baltimore, MD
  • Posts 1,493
  • Votes 268

nevermind

Post: How to get funding to purchase a delinquent tax property?

George P.Posted
  • Real Estate Investor
  • Baltimore, MD
  • Posts 1,493
  • Votes 268

You might want to start here [[EDITED BY MODERATOR - Links to other RE forums not permitted.] (which is also a wealth of knowledge)
Hope it helps