Friday, May 24, 2013

HEY ALL!!       "    Now the only thing a gambler needs, is a suitcase and a trunk, and the only time that he's satisfied, is when he's on a drunk, oh mother tell your children, not to do what I have done, spend your lives in sin and misery .. ..  "     Well this song is NOT a Stones song. It's OK,  it's OK,  RELAX put done the guitar, RELAX your grip on the microphone, there is a reason to my lyrics. This song has been played by several FAMOUS groups/singers, like Marianne Faithful [ there's your Rolling Stone connection!! Do you know how? ] AND Frijid Pink!!!  Think about it. Yesterday was carburation day, SOMEWHERE. Well that somewhere was Indianapolis! For the Indy 500, back in the day, they used the Thursday before the race to fine tune their cars. Which consisted of getting out on the track and racing and tuning the carburetor. Now-a-days fuel is controlled by computers and is fuel injected. Just so you know.  Well another couple of days of trying to straighten out the Mortgage World. Got my appraisal back, home valued at $195,000. That's $90,000 short of what we thought, and $70,000 short of what I bought it for!! So I reviewed the appraisal and it is totally wrong. The appraiser used a comp sale that was over a year old, and one that was a SHOT sale. Can't use sales that are more than 6 to 7 months old, UNLESS the market dictates. Well it doesn't, I went and checked recent sales and found 12 from this year alone!! AND, a SHORT sale is a sale that is ARRANGED between a buyer, the seller AND THE MORTGAGE COMPANY, BEFORE THEY FORECLOUSE ON YOUR HOUSE!!! The sales comps have to be ARMS LENGTH!! So my new loan officer is LOST, so I am going through the task of gathering info to prove the appraiser wrong. WOW, Something I feel should be done by my Loan Officer, but he is NOT capable of doing it. I think ALL loan officers should take an appraisal class at their local college. I did and it has been invaluable info. I also contacted my local favorite Real Estate Agent and he is putting together a Competitive Market Analysis. SO we shall see. Other than that, selling like a  "  MAD BULL, HAS LOST HIS WAY  " { sorry I couldn't resist it, i.e. MORE STONES REFERENCE } on eBay. Sold 4 items alone yesterday, COOL, VERY COOL.  CHOW MOI

No comments:

Post a Comment