Comments for It's Good To Have A Friend In The Business http://kimhannemann.com Sell Your Northern Virginia Home for Only 4.5% - Cash Back to Buyers, Too! Tue, 16 Feb 2010 15:33:28 +0000 http://wordpress.org/?v=2.9.2 hourly 1 Comment on Lousy Agents, Lousy Brokers, Lousy Systems by Kim http://kimhannemann.com/2010/02/15/lousy-agents-lousy-brokers-lousy-systems/comment-page-1/#comment-143 Kim Tue, 16 Feb 2010 15:33:28 +0000 http://kimhannemann.com/?p=1212#comment-143 Too much risk. It's even against our code of ethics to do something like that. The only fora are the local grievance committee, or the state board. Too much risk. It’s even against our code of ethics to do something like that. The only fora are the local grievance committee, or the state board.

]]> Comment on Lousy Agents, Lousy Brokers, Lousy Systems by Brendan http://kimhannemann.com/2010/02/15/lousy-agents-lousy-brokers-lousy-systems/comment-page-1/#comment-142 Brendan Tue, 16 Feb 2010 14:48:12 +0000 http://kimhannemann.com/?p=1212#comment-142 You could publish your blacklist... anonymously or not. Of course, it could be called libel but it could also be called freedom of speech. See how those agents enjoy some negative attention from Google. You could publish your blacklist… anonymously or not. Of course, it could be called libel but it could also be called freedom of speech. See how those agents enjoy some negative attention from Google.

]]> Comment on Northern Virginia: Ripped Off AGAIN by Kim http://kimhannemann.com/2009/12/28/northern-virginia-ripped-off-again/comment-page-1/#comment-141 Kim Tue, 09 Feb 2010 01:11:58 +0000 http://kimhannemann.com/?p=1153#comment-141 And now, he "changed his mind" no doubt after looking at the votes. See http://kimhannemann.com/2010/02/08/1202/ And now, he “changed his mind” no doubt after looking at the votes. See http://kimhannemann.com/2010/02/08/1202/

]]> Comment on FHA Waives 90-Day Flip Rule! by Kim http://kimhannemann.com/2010/01/21/fha-waives-90-day-flip-rule/comment-page-1/#comment-140 Kim Fri, 05 Feb 2010 17:38:58 +0000 http://kimhannemann.com/?p=1174#comment-140 A legitimate argument. I agree - the language the HUD/FHA used (which I reused) about "predatory" practices can be construed as inflammatory. If you are selling at market price, why would it be "inflated?" Smacks of a Snidely Whiplash-like characterization of investors who make a profit, as though that is evil. A legitimate argument. I agree – the language the HUD/FHA used (which I reused) about “predatory” practices can be construed as inflammatory. If you are selling at market price, why would it be “inflated?”

Smacks of a Snidely Whiplash-like characterization of investors who make a profit, as though that is evil.

]]> Comment on FHA Waives 90-Day Flip Rule! by jp moses http://kimhannemann.com/2010/01/21/fha-waives-90-day-flip-rule/comment-page-1/#comment-139 jp moses Fri, 05 Feb 2010 17:14:15 +0000 http://kimhannemann.com/?p=1174#comment-139 OK, so you said: "To protect FHA borrowers against predatory practices where non-rehabilitated properties are quickly resold at inflated prices to unsuspecting borrowers..." I don't get it. If you get a killer deal on a house that's already in great shape (no rehab needed), then turn around and resell it quickly for a nice profit, how's that harming the buyer? Or anyone? What makes this predatory? The amount of profit? Is it somehow OK and not "predatory" if you only make $5,000 on flipping a nice house...but if you make $50,000 because you got it at such a great deal, now it's suddenly predatory? Frankly, it's this kind of careless language thrown around that gives honest real estate investors a bad wrap. No one's being deceived in a deal like that. Folks just can't grapple with the fact that you can, in fact, make a KILLING on one house if you're good at finding killer deals...and that it can be a house that actually needs little-to-no work. It happens. A lot. And it's not predatory. Sorry, but that kind of talk just sets me off. Regarding the FHA waiver, folks should definitely read it for themselves to understand it. I also posted an executive summary on my blog if you're interested. Thanks, ...jp OK, so you said: “To protect FHA borrowers against predatory practices where non-rehabilitated properties are quickly resold at inflated prices to unsuspecting borrowers…”

I don’t get it. If you get a killer deal on a house that’s already in great shape (no rehab needed), then turn around and resell it quickly for a nice profit, how’s that harming the buyer? Or anyone? What makes this predatory? The amount of profit? Is it somehow OK and not “predatory” if you only make $5,000 on flipping a nice house…but if you make $50,000 because you got it at such a great deal, now it’s suddenly predatory?

Frankly, it’s this kind of careless language thrown around that gives honest real estate investors a bad wrap. No one’s being deceived in a deal like that. Folks just can’t grapple with the fact that you can, in fact, make a KILLING on one house if you’re good at finding killer deals…and that it can be a house that actually needs little-to-no work. It happens. A lot. And it’s not predatory.

Sorry, but that kind of talk just sets me off.

Regarding the FHA waiver, folks should definitely read it for themselves to understand it. I also posted an executive summary on my blog if you’re interested.

Thanks,

…jp

]]> Comment on Northern Virginia: Ripped Off AGAIN by Kim http://kimhannemann.com/2009/12/28/northern-virginia-ripped-off-again/comment-page-1/#comment-136 Kim Wed, 27 Jan 2010 03:46:30 +0000 http://kimhannemann.com/?p=1153#comment-136 Not only is he not reversing it, he's extending it through 2012 - see http://scottsurovell.blogspot.com/2010/01/fairfaxs-own-proposed-to-short-novas.html Not only is he not reversing it, he’s extending it through 2012 – see http://scottsurovell.blogspot.com/2010/01/fairfaxs-own-proposed-to-short-novas.html

]]> Comment on Northern Virginia: Ripped Off AGAIN by Kim http://kimhannemann.com/2009/12/28/northern-virginia-ripped-off-again/comment-page-1/#comment-135 Kim Tue, 26 Jan 2010 14:09:58 +0000 http://kimhannemann.com/?p=1153#comment-135 Yes, actually, the word is in - He confirmed it. Fairfax is considering legal action. Yes, actually, the word is in – He confirmed it. Fairfax is considering legal action.

]]> Comment on Northern Virginia: Ripped Off AGAIN by Scott B http://kimhannemann.com/2009/12/28/northern-virginia-ripped-off-again/comment-page-1/#comment-134 Scott B Tue, 26 Jan 2010 12:22:03 +0000 http://kimhannemann.com/?p=1153#comment-134 Any word on if NoVA-er McDonnell plans on reversing this decision? Any word on if NoVA-er McDonnell plans on reversing this decision?

]]> Comment on Meet Kim by Gail E. Davis http://kimhannemann.com/about-kim/comment-page-1/#comment-127 Gail E. Davis Fri, 22 Jan 2010 11:56:53 +0000 http://novarealestate.wordpress.com/?page_id=67#comment-127 Good morning Kim. I am Kezia Williams mother. I was pleased to read "Meet Kim." It appears you are the right fit for my daughter as she tries to make her first purchase. I know she is taking her time, and has certain criteria. I have been selling part-time since 1985 and a lot of the time Kezia has been by my side. I'm amazed at the prices and HOA fees for the size of the property, but I guess that's Northern Virginia and she not afraid of the sticker shock. Thanks for being patient. We've talked once before and I feel you have her best interest at heart. I told her for resale value she should be looking for something with 2BD and 2BA, I would like her to have W/D inside the unit, and to be in a safe area. Thanks for including me in your news letter chain. GAIL Good morning Kim. I am Kezia Williams mother. I was pleased to read “Meet Kim.” It appears you are the right fit for my daughter as she tries to make her first purchase. I know she is taking her time, and has certain criteria. I have been selling part-time since 1985 and a lot of the time Kezia has been by my side. I’m amazed at the prices and HOA fees for the size of the property, but I guess that’s Northern Virginia and she not afraid of the sticker shock. Thanks for being patient. We’ve talked once before and I feel you have her best interest at heart. I told her for resale value she should be looking for something with 2BD and 2BA, I would like her to have W/D inside the unit, and to be in a safe area. Thanks for including me in your news letter chain. GAIL

]]> Comment on Why Use A Buyer’s Agent? Because You’ll Get A Better Deal by Michael http://kimhannemann.com/2009/07/25/why-use-a-buyer%e2%80%99s-agent-because-you%e2%80%99ll-get-a-better-deal/comment-page-1/#comment-69 Michael Thu, 13 Aug 2009 18:06:37 +0000 http://novarealestate.wordpress.com/?p=1022#comment-69 Kim, good articles for home buyers on your post. But, you should also provide information about differences betweeb true exclusive buyer agents and buyer agents. There is a huge difference for the consumer (home buyer). Take care, Home Buyer Advocate Mike www.MyBuyerBrokerBlog.com Kim, good articles for home buyers on your post. But, you should also provide information about differences betweeb true exclusive buyer agents and buyer agents. There is a huge difference for the consumer (home buyer). Take care, Home Buyer Advocate Mike
http://www.MyBuyerBrokerBlog.com

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