“I need to do something to sell my empty house NOW.” (Unhappy Charlotte Landlord)
Moderator: “Who do you think was at fault? I start with you, Gov. Palin. Was it the greedy lenders? Was it the risky home-buyers who shouldn't have been buying a home in the first place?”
Sarah Palin: “Darn right it was the predator lenders, who tried to talk Americans into thinking that it was smart to buy a $300,000 house if we could only afford a $100,000 house. There was deception there, and there was greed and there is corruption on Wall Street. And we need to stop that.” (VP Debate vs. Joe Biden 10/2/08)
When watching the Vice-President debate in October 2008, one thing was crystal clear- Sarah Palin doesn’t care for banks very much. It appears that she would rather trade two small fur skins for a gallon of milk than go to a bank’s ATM and buy the milk outright. After all, Wall Street is corrupt (some, yes), they rip you off (true…), and the mortgage crisis was all the bankers’ fault (not true). She certainly wouldn’t advise you (and her 800K+ Facebook “friends”) to go to a bank and get a mortgage. You’ll be duped! It would be the equivalent of subjecting yourself to a financial “death panel”. Not good!
When you’re trying to get elected, blaming corporations instead of voters who put you in office is a much better strategy. But as for the aftermath of the mortgage crisis we faced, WWSD? What would she want us to do differently now that she isn’t running for office? Maybe she would tell us to take some of the blame? And be part of the solution?
I’m convinced that former Governor Palin would naturally be a fan of rent-to-own (lease options) and seller financing. These methods allow people (who can’t get a mortgage) to rent homes until they have built up their credit and a down payment so they can own; this promotes personal responsibility and puts the power in the hands of the people, rather than the banks. And I’m sure she believes in the resiliency and will of the American people to overcome and right their own ship. The question is, do you?
As your home sits on the market for sale month after month, would you be willing to “rent-to-sell” it? “But a lot of the prospective rent-to-own tenants have poor credit…” “Some of them have been in foreclosure and bankruptcy before.” “I met one and his nails weren’t cleaned properly.” All valid points. But they are humans. Sometimes bad things happen to good people. For example, do you know anyone that has lost a job and might have started being late on their bills? Do they deserve a second chance? And, yes, sometimes bad people do bad things. But if this wasn’t true, Michael Knight would have been on the unemployment line and Kit would have spent most of his time parked uselessly in a garage. But I digress…
As Ms. Palin exhorted in the debate, “One thing that Americans do at this time, also, though, is let's commit ourselves just every day American people, Joe Six Pack, hockey moms across the nation, I think we need to band together and say never again. Never will we be exploited and taken advantage of again by those who are managing our money and loaning us these dollars.” Maybe we can pick up the slack for Wall Street?
Brett Furniss is the President & Owner of BDF Realty, “Charlotte’s Most Innovative Property Management & Investment Company” (www.BDFRealty.com and www.RentToSell.com). You can follow his Twitter thoughts on the Charlotte real estate market by clicking on http://twitter.com/bdfrealty. He is the author of the FREE E-Manual entitled “How to Rent-To-Sell Your Own Home” (http://www.renttosell.com/RTS-Book.html) which details how to get the most potential buyers to your home in this challenging real estate market.
Moderator: “Who do you think was at fault? I start with you, Gov. Palin. Was it the greedy lenders? Was it the risky home-buyers who shouldn't have been buying a home in the first place?”
Sarah Palin: “Darn right it was the predator lenders, who tried to talk Americans into thinking that it was smart to buy a $300,000 house if we could only afford a $100,000 house. There was deception there, and there was greed and there is corruption on Wall Street. And we need to stop that.” (VP Debate vs. Joe Biden 10/2/08)
When watching the Vice-President debate in October 2008, one thing was crystal clear- Sarah Palin doesn’t care for banks very much. It appears that she would rather trade two small fur skins for a gallon of milk than go to a bank’s ATM and buy the milk outright. After all, Wall Street is corrupt (some, yes), they rip you off (true…), and the mortgage crisis was all the bankers’ fault (not true). She certainly wouldn’t advise you (and her 800K+ Facebook “friends”) to go to a bank and get a mortgage. You’ll be duped! It would be the equivalent of subjecting yourself to a financial “death panel”. Not good!
When you’re trying to get elected, blaming corporations instead of voters who put you in office is a much better strategy. But as for the aftermath of the mortgage crisis we faced, WWSD? What would she want us to do differently now that she isn’t running for office? Maybe she would tell us to take some of the blame? And be part of the solution?
I’m convinced that former Governor Palin would naturally be a fan of rent-to-own (lease options) and seller financing. These methods allow people (who can’t get a mortgage) to rent homes until they have built up their credit and a down payment so they can own; this promotes personal responsibility and puts the power in the hands of the people, rather than the banks. And I’m sure she believes in the resiliency and will of the American people to overcome and right their own ship. The question is, do you?
As your home sits on the market for sale month after month, would you be willing to “rent-to-sell” it? “But a lot of the prospective rent-to-own tenants have poor credit…” “Some of them have been in foreclosure and bankruptcy before.” “I met one and his nails weren’t cleaned properly.” All valid points. But they are humans. Sometimes bad things happen to good people. For example, do you know anyone that has lost a job and might have started being late on their bills? Do they deserve a second chance? And, yes, sometimes bad people do bad things. But if this wasn’t true, Michael Knight would have been on the unemployment line and Kit would have spent most of his time parked uselessly in a garage. But I digress…
As Ms. Palin exhorted in the debate, “One thing that Americans do at this time, also, though, is let's commit ourselves just every day American people, Joe Six Pack, hockey moms across the nation, I think we need to band together and say never again. Never will we be exploited and taken advantage of again by those who are managing our money and loaning us these dollars.” Maybe we can pick up the slack for Wall Street?
Brett Furniss is the President & Owner of BDF Realty, “Charlotte’s Most Innovative Property Management & Investment Company” (www.BDFRealty.com and www.RentToSell.com). You can follow his Twitter thoughts on the Charlotte real estate market by clicking on http://twitter.com/bdfrealty. He is the author of the FREE E-Manual entitled “How to Rent-To-Sell Your Own Home” (http://www.renttosell.com/RTS-Book.html) which details how to get the most potential buyers to your home in this challenging real estate market.
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