Month: May 2010

Typical Scum

If these sellers decided that they didn't want to wait the 48 hours he gave people to submit their offers, then all he had to do was call back the other contenders so they could participate.  But instead, the agent blew off eveybody to make the quick deal, a common...

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SB 1178

Justabroker mentioned SB 1178, backed by the C.A.R.  Here's their pitch on why the non-recourse law should apply to refinances:  California has protected borrowers from so called "deficiency" liability on their home mortgages since the 1930s, but the evolution of...

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Just a Private Club?

Hat tip to Mike, who sent this from the nytimes - I wish the associations of realtors would be more exclusive, and kick out the scumbags!: Several Hamptons real estate executives said Tuesday that they had been contacted by Justice Department officials seeking...

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McFraud

The latest update from Kelly Bennett on the big condo scam: Jim McConville needed help to pull off a massive mortgage swindle.  He couldn't let the banks making the mortgages know that he was sucking at least $120,000 each out of more than 80 condo sales in Escondido...

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