I can see the future headline here though: "Screwed buyer who paid too much for a home shoots realtor with the free glock she threw in to earn her commission".
I think the crazy time is now commencing folks... Realtors will be offering sex next to seal the deal. If they're not already. Thanks FC for the link
Like any good salesperson, Upton is always looking for new ways to attract customers. Recently, she struck upon what she thinks is some tantalizing bait — at least when it comes to police officers.
Instead of a free toaster, TV or a stay at a luxury hotel, Upton, of Realty Associates, is offering officers a free Glock pistol with any home purchase of at least $150,000.
"It's attracted a lot of attention," she said of her ads in Badge & Gun, the monthly publication of the Houston Police Officers' Union. She said she came up with the idea with help from Blue Cat Creative Consulting and Design.
Upton has given away two Glocks. "So (the ad) has already paid for itself," she said.
December 11, 2006
Free gun if you buy a home. Seriously, a realtor is offering a free gun if you buy a home.
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It is for the day your ARM resets.
before I even finished the post I knew this had to be in Texas. Yee-haw!
I'm not too fond of the Glock triggers... or watching 30-60% of an investment evaporate.
NO DEAL!
free pistol, one round, no magazine........
Hmm, does she sell houses in a really "diverse" area or something?
A Texas-based subprime lender that employed 325 people has unexpectedly closed its doors, but will honor loans in the pipeline.
Sebring Capital Partners, a wholesale mortgage lender founded in 1996, has been struggling with a decline in loan originations. The company closed an estimated $209 million loans in the second quarter of 2006, down from $235 million in the same quarter of 2005 and $449 million in the second quarter of 2003, the Dallas Business Journal reported.
Dec. 10 (EIRNS)--LAROUCHE ON THE EXPLOSIVE POTENTIAL FOR A REAL
ESTATE BLOWOUT. In reference to the items on the uncovered Fannie
above and a graphic in the Dec. 10, {Washington Post} showing the
numbers of homes on the market (active listings) and home sales
from 2004 to date, Lyn gave the following analysis:
"You've got this gap in the reporting on the real estate
market. Now the gap takes the form of people--now it's really a
trap too, it's really fun, from the standpoint of irony. You look
at this curve they ran in the Post on the real estate market. And
they show the curve of availability of properties for sale as
shrinking rapidly, when we know that the number of properties for
sale, potentially--that is, properties which should be considered
for sale--is increasing.
"What is happening is that people who cannot afford, in
their own opinion at least, to put their joint on the market at
the offered price, are holding their properties back from the
market, when they really intend to sell.
"So now, therefore, if you look at this kind of figure in
there, which is obviously clear, then the explosive potential is
far beyond what is seen on a current market transaction basis.
And this is really fantastic. Because if you take the total
number of units produced, against total number sold, and add the
total number which had been put on the market but have not been
sold, then you get a more accurate picture of the explosive
potential and the way it is building up, with the secondary
factor of the held-back part.
"In other words, somebody has got a place for, say $800,000
and the best offer they can get is $600,000. But they don't have
a $200,000 equity margin in there. So therefore they hold back.
Then the next month it will be a $300,000 hole. The next month a
$400,000--that kind of thing. So therefore what's happening, is
that this factor becomes an added explosive potential, a
detonator potential, within the whole market falling. And once it
starts to go, then the whole thing becomes self-feeding, at a
fast, short-term rate.
"The problem with these cases is not just the unwillingness
of the seller to accept the price offered, but the fact that the
seller does not have enough equity to cover the loss they are
eating. That's where the explosive potential comes into view."
O.K., now were talkin!
Throw in a pizza and I'm there!
Anon 4:52:16, Wow! I remember originating a hell of a lot of loans for them back around 2000-2001. Back then they had a zero down, 80/20, 6% seller concessions towards closing costs, 560 minimum FICO product! They bumped the minimum FICO requirement to 580 like everyone else after a while though.
Remember the realtor in American Beauty!
I am always amazed at how unbelievably articulate and well informed Lyndon Larouche can sound on economic matters lately. I wonder if he has ghost writers doing his material?
I always loved the one where he claimed aliens had stolen his brain, and were holding it hostage on Mars.
Hey, maybe THAT'S why his articles have improved so darn much???
quick, somebody alert Michael Moore!
I always loved the one where he claimed aliens had stolen his brain, and were holding it hostage on Mars.
=================================
Can you provide a link or some other reference? I'd never heard or read LaRouche make such a statement.
C'mon youre smoking weed again, right?
Wow, a death wish and a bad coinscience.
Who would have thought?
GOTTA BE HANDY WITH THE STEAL, IF YOU KNOW WHAT I MEAN. EARN YOUR KEEP!!!
What's wrong with sex?
Anyone buying a house these days is doing so based on emotion, based on the instant gratification of making a big purchase. So it makes sense to heighten the instant gratification with the ultimate in false machismo - a handgun.
I think the success of this marketing scam shows the insecure masculinity of today's male homebuyer.
Hey male homebuyer, enjoy your handgun, vaseline and poster of David Hasselhoff.
I liked the time Larouche accused Queen Elizabeth of rigging the presidential election where he won except the voting machines all over the US were tampered with. Maybe she taught Rove.LOL
"I'm not too fond of the Glock triggers"
Me either. I have the Vanek trigger in my G35 and it still sucks. I just ordered a new SVI SightTracker for xmas. Should be here by Easter. Sweet, maybe I can loan my G35 to Casey Serin, lol
I liked the time Larouche accused Queen Elizabeth of rigging the presidential election where he won except the voting machines all over the US were tampered with. Maybe she taught Rove.LOL
Tuesday, December 12, 2006 2:02:40 AM
==================================
When did he say this? Where can I find the quote? That's a doozy!
Or do you speak with LaRouche personally and thats where you got that quote.
What will LaRouche say next?
You'll need it in some of these "hot" Chicago areas!!!
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>>I'm not too fond of the Glock triggers"
I love mine on my G19 and G29 (10mm!;-)
I find they help the accuracy by having a short fairly easy pull.
But, it can be dangerous if you are not careful without a typical long stroke double action pull, and no external safety.
(From a Delta in Black Hawk Down "My Finger is my safety!")
That said, I tend to carry with the chamber empty and practice "draw and rack"
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