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<p>IR,</p> <p>Very good point regarding short sale fraud against lenders. However, one ought to wonder why lenders allowed (with blind eyes) the old BUYER inflated/cash back schemes in the past; causing an overprice situation and heavy loss to mortgage back security investors?</p>...

<p>IHB Dance Night? Please count me in! </p>

<p>If I am TIC, I would appreciate the free and powerful marketing that this site provides. This site clearly demonstrates that Irvine is such a unique place that nearly everyone who posts on this site has the desire to purchase in Irvine. Even more so for a few specific neighborhoods such as...

<p>House_</p> <p>I wonder the same thing. I am torn on this one. </p> <p>I sometimes ran into new sellers/buyers who express wish for me to help them to comit frauds; and it is very clear for me to walk away from the deals.</p>

<p>Troop,</p> <p>Great pointers. Many thanks.</p> <p>Does Lawyer Liz or X-socal have any thing to add?</p>

<p>I am listing a home that I just found out there is illegal drug usage going. I am doing everything I can to explain the implications to the owner.</p> <p>My question for you as if there is a drug bust at the house while I am or other agent showing it, will everyone on the premises get...

<p>graphrix,</p> <p>Hello. Please be yourself, you are perfect. I found you to be the most polite and sound poster here. </p>

<p>awgee,</p> <p>Hello. There are good apples and bad apples in any trade. When I pick a doctor. I try to determine if this guy will ruin me, or make me better.</p>

<p>I totally am in agreement with xlm. Negotiating skills specifically to real estate contracts are critical here. Besides, having a strong middle man to do the negotiation is always a better idea. Price is not the only thing you negotiate.</p> <p>I want to add to interloper comment. When...

<p>Malibu,</p> <p>You are right. The DA was chasing after me for failure to pay child support, and I got all my children with me. My friend got child support lean on his credit report and he has no children.</p>

<p>monekoko,</p> <p>I think you should have a realtor to represent you as there are many things to negotiate and terms to review to your advantage. You can tell the builder your wish of buyer representation and I do not see any problem of them going against your wish. Builder knows every...

<p><em>"Say, maybe you could ask a realtor!! For the atty who gave them the hardest time. . ."</em></p> <p>The atty who gave the hardest time may be perceived as "difficult" by the seller; therefore, may not be able to negotiate a contract for buyer. Buyer gets no home </p> <p>Many RE...

<p>investusa,</p> <p>According to my CPA, if your name is on the deed and not on the loan, and you are the one who makes the deductible payments, then you are entitled for the tax write-offs. </p>

<p>no_vas,</p> <p><em>Anybody can get lucky</em></p> <p>Luck, that is what truly boils down to. Anyone can get lucky; though you have to be there to get lucky, either by just because or good vision. This goes with stock market also. The difference between stock and real estate is one is...

<p>Trooper,</p> <p>Hello. I am sure you have heard that 9 of 10 American wealth were created from real estate. So how can anyone dispute this data?</p> <p>As painful as owning real estate in the early years, I am a strong believer of real estate holdings. Believe me, I have wasted enough...

<p>Ipop,</p> <p><em>but I'm still waiting for someone to toss out something useful that I haven't considered...</em> </p> <p>I think you have considered quite enough of the factors; It appears that you follow your guts and your heart to care for your family, and that is really all you need...

<p>And the direction the house faces in respect to the husband's birth date and time.</p> <p>And if there were divorces or illness occured.</p>

<p>agwee,</p> <p>Very good note for rebating buyers/sellers.</p> <p><em>NIR - I don't think I would issue a 1099 to the receiver of the rebate</em></p> <p>I totally agree with you. It best to handle the rebates through escrow. Buyers has no immediate tax liability and they get their...

<p>xlm,</p> <p>I would like to say that you are doing a fantastic job with your answers. I could not agree or contribute more to yours. </p> <p>I am not sure if you have brought this up. There is a very important trait that a good agent must have is to provide customer support post...

<p>qwerty,</p> <p>I am not a tax expert either; however, I did 1099 my clients on the rebate amount (after the fact demand as I usually arrange through escrow). The paper trail of rebates from agent to buyer if sufficient for my clients' CPA to zero out the rebate amount as income.</p>