After a long career in real estate, I can personally attest to how ineffective and feckless lenders can be in handling their business. But this one takes the cake!
An article in yesterday’s Wall Street Journal described how a contractor hired by Bank of America mistakenly entered the home of a woman who lived near Pittsburgh, [...]
Entries Tagged as 'Oh, Please'
Bank takes woman’s parrot in foreclosure mistake
March 12th, 2010 · No Comments
Tags: Oh, Please · Pets · Real Estate · Real Estate Newspaper Articles · The Economy
Lender Forecloses on Wrong Property
February 12th, 2009 · No Comments
Here’s another example of a bank’s ineptitude. I just read an article about a case of mistaken property identity that got all the way to the Nevada Supreme Court, Countrywide Home Loans, Inc., v. Thitchener, 192 P.3d 243 (Nev. 2008).
According to the article, the lender’s foreclosure division confused the condominium unit of a National [...]
Tags: Oh, Please · Real Estate · Real Estate in the News
Oakland’s hazardous tree ordinance
August 5th, 2008 · No Comments
Owning a home has numerous responsibilities. One is to ensure that trees on your property are not dangerous to your neighbors. A large, dead or dying tree can cause massive damage if the entire tree or any of its limbs fall. This is why many municipalities, including the City of Oakland, have hazardous tree ordinances. [...]
Tags: Environment · Going Green · Local Attractions · Oh, Please · Real Estate · Real Estate Advice
Seller shoots self in foot
June 2nd, 2008 · No Comments
If you owned a million-dollar-plus home that had been on the market since January, over four months, and you had not received an offer closer than $50,000 of your list price, what would you do? Assuming you really needed to sell it, how about lowering the price? Wouldn’t that seem logical?
As I have seen so [...]
Tags: Oh, Please · Real Estate
Seller sets seeds for future lawsuit
May 23rd, 2008 · No Comments
Got a call the other day from a fellow Realtor®. He presented to me a scenario with all the aspects of a future lawsuit.
His broker, knowing I have been a real estate expert witness in numerous lawsuits, suggested he get my advice about a property this agent wanted to list. The home has an “in-law,” [...]
Tags: Oh, Please · Real Estate
Oh, Please! (first of a series)
May 7th, 2008 · No Comments
My job, as I see it, is to protect and educate my clients. This includes showing them both homes they should consider buying, as well as properties to avoid. It is often not obvious why a particular home should be avoided.
Last Sunday, I sent a couple to see a lovely home. What I explained to [...]
Tags: Oh, Please · Real Estate