Steffan Blaser's Lake Oroville Real Estate Blog

I  heard from a fellow Realtor friend that the buyers just lost out on a home they were trying to buy. They offered more than asking price and asked for a 5% credit back towards closing costs. Well the bank’s short sale negotiator in their infinite wisdom decided that they Will only credit back 3% towards closings costs not 5%.  So even tho the buyers offered more than asking price to cover the credit back, the banks uneducated rule (in my opinion) stopped the sale dead.  The funny/sad part is when the new buyer gets a loan, it’s cash to the bank in the end anyway.     It Does Not Matter what the credit back is to the new buyer as the bottom line is what it’s all about anyway.    At least I would think a negotiator should have been taught in Negotiations 101.

And our TARP $’s go to the bank who hires these people???  Oh that makes me feel oh so much better.

The whole point of the short sale is to save some of the sellers already tarnished credit and the seller gets $ZERO equity anyway.

Actually it is in the banks best interest to successfully negotiate a short sale. Otherwise the lender/bank must go thru the foreclosure process—then faces a property that is vacant and vandalized and is now worth even less money or the seller could file for bankruptcy and tie the property up so the bank cannot sell it for a while. I would think It usually makes good financial sense to sell it for as much as you can, as quickly as you can and minimize the loss.

 If I were the CEO of that bank and if I actually knew, that this short sale was canceled because of some imbasillic rule, I would change that rule and  hire a Realtor who knows how to sell a home and negotiate, instead of a short sale negotiator who apparently does not, wouldn’t you?

545 vs. 300,000,000 (Republicans & Democrats Alike – No One Is Blameless)

EVERY CITIZEN NEEDS TO READ THIS AND THINK ABOUT WHAT THIS JOURNALIST HASWRITTEN IN THIS MESSAGE. READ IT AND THEN REALLY THINK ABOUT OUR CURRENT POLITICAL DEBACLE.

Charley Reese has been a journalist for 49 years.
545 PEOPLE
By Charlie Reese

Politicians are the only people in the world who create problems and then campaign against them.

Have you ever wondered, if both the Democrats and the Republicans are against deficits, WHY do we have deficits?

Have you ever wondered, if all the politicians are against inflation and high taxes, WHY do we have inflation and high taxes?

You and I don’t propose a federal budget. The President does.

You and I don’t have the Constitutional authority to vote on appropriations. The House of Representatives does.

You and I don’t write the tax code, Congress does.

You and I don’t set fiscal policy, Congress does.

You and I don’t control monetary policy, the Federal Reserve Bank does..

One hundred Senators, 435 Congressmen, one President, and nine Supreme Court justices – 545 human beings out of the 300 million are directly, legally, morally, and individually responsible for the domestic problems that plague this country.

I excluded the members of the Federal Reserve Board because that problem was created by the Congress. In 1913, Congress delegated its Constitutional duty to provide a sound currency to a federally chartered, but private, central bank.

I excluded all the special interests and lobbyists for a sound reason. They have no legal authority. They have no ability to coerce a senator, a congressman, or a President to do one cotton-picking thing. I don’t care if they offer a politician $1 million dollars in cash. The politician has the power to accept or reject it. No matter what the lobbyist promises, it is the legislator’s responsibility to determine how he votes.

Those 545 human beings spend much of their energy convincing you that what they did is not their fault. They cooperate in this common con regardless of party. What separates a politician from a normal human being is an excessive amount of gall. No normal human being would have the gall of a Speaker, who stood up and criticized the President for creating deficits. The president can only propose a budget. He cannot force the Congress to accept it.

The Constitution, which is the supreme law of the land, gives sole responsibility to the House of Representatives for originating and approving appropriations and taxes. 

Who is the speaker of the House? Nancy Pelosi. She is the leader of the majority party. She and fellow House members, not the President, can approve any budget they want. If the President vetoes it, they can pass it over his veto if they agree to.

It seems inconceivable to me that a nation of 300 million can not replace 545 people who stand convicted — by present facts — of incompetence and irresponsibility. I can’t think of a single domestic problem that is not traceable directly to those 545 people. When you fully grasp the plain truth that 545 people exercise the power of the federal government, then it must follow that what exists is what they want to exist.

If the tax code is unfair, it’s because they want it unfair.

If the budget is in the red, it’s because they want it in the red ..

If the Army & Marines are in  IRAQ  , it’s because they want them in  IRAQ  .

If they do not receive Social Security but are on an elite retirement plan not available to the people, it’s because they want it that way.

There are no insoluble government problems.

Do not let these 545 people shift the blame to bureaucrats, whom they hire and whose jobs they can abolish; to lobbyists, whose gifts and advice they can reject; to regulators, to whom they give the power to regulate and from whom they can take this power.. 

Above all, do not let them con you into the belief that there exists disembodied mystical forces like “the economy,” “inflation,” or “politics” that prevent them from doing what they take an oath to do.

Those 545 people, and they alone, are responsible.

They, and they alone, have the power.

They, and they alone, should be held accountable by the people who are their bosses.

Provided the voters have the gumption to manage their own employees.

We should vote all of them out of office and clean up their mess!
Charlie Reese is a former columnist of the Orlando Sentinel Newspaper.

What you do with this article now that you have read it is up to you, though you have several choices:

1. You can send this to everyone in your address book and hope “they” do something about it.
2. You can agree to “vote against” everyone that is currently in office, knowing that the process will take several years.
3.. You can decide to “run for office” yourself and agree to do the job properly.
4. Lastly, you can sit back and do nothing or re-elect the current bunch