Northpark Flip: 2 Malibu

NEW -> Contingent Buyer Assistance Program
NonFCB said:
1. IQ test report is needed
2. Only wife or dad's approval letter is needed
3. Nothing is needed
If a majority of TI member select option 3, I will be happy to take your bet right away.


What the heck does #1 and #2 have to do with anything?  Who cares what the majority of TI members select.  This is a bet between you (NonFCB), IndieDev and USC.  The rest of us are just watching the show.  Only you three will have something on the line.  If you really want this bet to happen, nail down the particulars related to the sale of the property and give SoCal78 the money to hold.  Then we all can enjoy a bucket of popcorn and wait for the payout party to whoever wins.

 
davenlei said:
NonFCB said:
1. IQ test report is needed
2. Only wife or dad's approval letter is needed
3. Nothing is needed
If a majority of TI member select option 3, I will be happy to take your bet right away.


What the heck does #1 and #2 have to do with anything?  Who cares what the majority of TI members select.  This is a bet between you (NonFCB), IndieDev and USC.  The rest of us are just watching the show.  Only you three will have something on the line.  If you really want this bet to happen, nail down the particulars related to the sale of the property and give SoCal78 the money to hold.  Then we all can enjoy a bucket of popcorn and wait for the payout party to whoever wins.
I'm waiting on the money guys to hammar out the details so I can get some RE action.
 
Yeah, I don't get it. NonFCB said he would be fine to bet even "$100,000" but that I better consult with my wife before getting taken advantage of. When I finally accepted the bet, he became really evasive.

- Asking for IQ reports
- Wife's permission slip
- Needs a public opinion poll to determine which of the above two options is needed for this bet.

Then of course there's the whole issue of him claiming he's going to cheat by talking to the owner about using the wager as a cash incentive to sell.

I don't know, what gives? It seems like NonFCB doesn't really want to bet at all.  :(

 
IndieDev said:
Yeah, I don't get it. NonFCB said he would be fine to bet even "$100,000" but that I better consult with my wife before getting taken advantage of. When I finally accepted the bet, he became really evasive.

- Asking for IQ reports
- Wife's permission slip
- Needs a public opinion poll to determine which of the above two options is needed for this bet.

Then of course there's the whole issue of him claiming he's going to cheat by talking to the owner about using the wager as a cash incentive to sell.

I don't know, what gives? It seems like NonFCB doesn't really want to bet at all.  :(
By the time he is ready to bet the listing price will be down to $1,088,888.88
 
USCTrojanCPA said:
IndieDev said:
Yeah, I don't get it. NonFCB said he would be fine to bet even "$100,000" but that I better consult with my wife before getting taken advantage of. When I finally accepted the bet, he became really evasive.

- Asking for IQ reports
- Wife's permission slip
- Needs a public opinion poll to determine which of the above two options is needed for this bet.

Then of course there's the whole issue of him claiming he's going to cheat by talking to the owner about using the wager as a cash incentive to sell.

I don't know, what gives? It seems like NonFCB doesn't really want to bet at all.  :(
By the time he is ready to bet the listing price will be down to $1,088,888.88

Listed on MLS: 148 days
 
IndieDev said:
Yeah, I don't get it. NonFCB said he would be fine to bet even "$100,000" but that I better consult with my wife before getting taken advantage of. When I finally accepted the bet, he became really evasive.

- Asking for IQ reports
- Wife's permission slip
- Needs a public opinion poll to determine which of the above two options is needed for this bet.

Then of course there's the whole issue of him claiming he's going to cheat by talking to the owner about using the wager as a cash incentive to sell.

I don't know, what gives? It seems like NonFCB doesn't really want to bet at all.  :(


OK, let us make it simple. If five TI members say in this thread that you are capable of making a bet without being taking advantage of, then I will take your bet. Anyone else that wants to piggy back to your bet or increases the bet is welcome. But don't cry foul later if I pass your bet as incentive to the owner to win the bet.
 
NonFCB said:
IndieDev said:
Yeah, I don't get it. NonFCB said he would be fine to bet even "$100,000" but that I better consult with my wife before getting taken advantage of. When I finally accepted the bet, he became really evasive.

- Asking for IQ reports
- Wife's permission slip
- Needs a public opinion poll to determine which of the above two options is needed for this bet.

Then of course there's the whole issue of him claiming he's going to cheat by talking to the owner about using the wager as a cash incentive to sell.

I don't know, what gives? It seems like NonFCB doesn't really want to bet at all.  :(


OK, let us make it simple. If five TI members say in this thread that you are capable of making a bet without being taking advantage of, then I will take your bet. Anyone else that wants to piggy back to your bet or increases the bet is welcome. But don't cry foul later if I pass your bet as incentive to the owner to win the bet.

This is the lamest betting scenario ever. Just pull the trigger and bet already!
 
NonFCB said:
IndieDev said:
Yeah, I don't get it. NonFCB said he would be fine to bet even "$100,000" but that I better consult with my wife before getting taken advantage of. When I finally accepted the bet, he became really evasive.

- Asking for IQ reports
- Wife's permission slip
- Needs a public opinion poll to determine which of the above two options is needed for this bet.

Then of course there's the whole issue of him claiming he's going to cheat by talking to the owner about using the wager as a cash incentive to sell.

I don't know, what gives? It seems like NonFCB doesn't really want to bet at all.  :(


OK, let us make it simple. If five TI members say in this thread that you are capable of making a bet without being taking advantage of, then I will take your bet. Anyone else that wants to piggy back to your bet or increases the bet is welcome. But don't cry foul later if I pass your bet as incentive to the owner to win the bet.
That's not simple...simple is to just make the bet and be done with it.  I have my $3,000 ready to go....
 
Just make it easy. Make the bet $500, no contingincies. 4 months only on MLS. $1.1 million over/under.

Decent amount, no one get's their fingers cut off for not paying and we enjoy the show.

USC joins in for $100 if he wants.

$10K is a ridiculous amount. Even my high rolling baller friends who have a hell of lot more money than both of you combined would not bet that amount.

 
Just make it easy. Make the bet $500, no contingincies. 4 months only on MLS. $1.1 million over/under.

Decent amount, no one get's their fingers cut off for not paying and we enjoy the show.

USC joins in for $100 if he wants.

$10K is a ridiculous amount. Even my high rolling baller friends who have a hell of lot more money than both of you combined would not bet that amount.

The terms you're presenting are basically the terms I gave NonFCB two pages back. In fact I gave him 135 days which is more than the 4 months you're suggesting.

I think the reason he's not accepting the bet is because he knows his dad will take away his Playstation 3 if he finds out he lost money online gambling. Asian parents are strict about their children's discipline, an admirable trait.
 
IndieDev said:
Just make it easy. Make the bet $500, no contingincies. 4 months only on MLS. $1.1 million over/under.

Decent amount, no one get's their fingers cut off for not paying and we enjoy the show.

USC joins in for $100 if he wants.

$10K is a ridiculous amount. Even my high rolling baller friends who have a hell of lot more money than both of you combined would not bet that amount.

The terms you're presenting are basically the terms I gave NonFCB two pages back. In fact I gave him 135 days which is more than the 4 months you're suggesting.

I think the reason he's not accepting the bet is because he knows his dad will take away his Playstation 3 if he finds out he lost money online gambling. Asian parents are strict about their children's discipline, an admirable trait.

You are bullshit like a kid again. I will ignore your IQ report and accept your bet if we agree on 12-mo terms. You are a TI fundamentatlist and projected the Irvine house price will have a big leg down next year. When your money is on the line, you are worry about the price increase instead. Can someone explain the contradiction to me?
 
What about the term "current market" don't you understand? If a house lingers on the market for 4 months, it isn't priced right, and you can ask any realtor, broker, or builder out there, and that is the entire crux of this bet/debate. Why would I give you one year to wait around and possibly have the market swing in a different direction? No one can predict the future of the market in that time interval. It's all about the here and now.

Look, I'll give you the 135 MLS days, you can go and make your cheat deal with your friend at 2 Malibu. I'm giving you 15 extra days, and we can make the bet for $100 if you're afraid that your asian dad will throw you out of the house for losing $10,000 of his money.

But we schedule an appointment with my accountant for this Saturday where we will work out the particulars, you should probably bring your dad with you so he knows why you lost one months worth of allowance.
 
NonFCB, if you don't want to put your money where your mouth is, just say so. $10k is a lot of money and we all understand that. But it seems like you are afraid to actually follow through with the bet, so you keep coming up with ridiculous terms and conditions.
 
traceimage said:
NonFCB, if you don't want to put your money where your mouth is, just say so. $10k is a lot of money and we all understand that. But it seems like you are afraid to actually follow through with the bet, so you keep coming up with ridiculous terms and conditions.

Either that, or you and Indie are actually buddies just having some fun on TI...
 
traceimage said:
NonFCB, if you don't want to put your money where your mouth is, just say so. $10k is a lot of money and we all understand that. But it seems like you are afraid to actually follow through with the bet, so you keep coming up with ridiculous terms and conditions.
What term is ridiculous? Go ask TIC to reduce unsold house price $50k every four months until the inventory is sold, no buyer co-op, no designer credit, etc. Let me know what TIC rep will tell you. Want to have fun piggy back with Indie? Welcome, but not on your bear terms.
 
IndieDev said:
What about the term "current market" don't you understand? If a house lingers on the market for 4 months, it isn't priced right, and you can ask any realtor, broker, or builder out there, and that is the entire crux of this bet/debate. Why would I give you one year to wait around and possibly have the market swing in a different direction? No one can predict the future of the market in that time interval. It's all about the here and now.

Look, I'll give you the 135 MLS days, you can go and make your cheat deal with your friend at 2 Malibu. I'm giving you 15 extra days, and we can make the bet for $100 if you're afraid that your asian dad will throw you out of the house for losing $10,000 of his money.

But we schedule an appointment with my accountant for this Saturday where we will work out the particulars, you should probably bring your dad with you so he knows why you lost one months worth of allowance.
I feel sorry for your dad who will see his grandkids be traded away for beach houses due to your solid fundamental research that beach houses are worth much more than kids.
 
NonFCB said:
traceimage said:
NonFCB, if you don't want to put your money where your mouth is, just say so. $10k is a lot of money and we all understand that. But it seems like you are afraid to actually follow through with the bet, so you keep coming up with ridiculous terms and conditions.
What term is ridiculous? Go ask TIC to reduce unsold house price $50k every four months until the inventory is sold, no buyer co-op, no designer credit, etc. Let me know what TIC rep will tell you. Want to have fun piggy back with Indie? Welcome, but not on your bear terms.
Sorry to burst your bubble my man, but Traceimage is already a homeowner in Irvine for about 2 years now.  haha  Put up or shut up!
 
USCTrojanCPA said:
NonFCB said:
traceimage said:
NonFCB, if you don't want to put your money where your mouth is, just say so. $10k is a lot of money and we all understand that. But it seems like you are afraid to actually follow through with the bet, so you keep coming up with ridiculous terms and conditions.
What term is ridiculous? Go ask TIC to reduce unsold house price $50k every four months until the inventory is sold, no buyer co-op, no designer credit, etc. Let me know what TIC rep will tell you. Want to have fun piggy back with Indie? Welcome, but not on your bear terms.
Sorry to burst your bubble my man, but Traceimage is already a homeowner in Irvine for about 2 years now.  haha  Put up or shut up!

Why do I care where she lives? I am talking about her bearish view.

As you are a realtor, why don't you show us your record as a listing agent? In last three years, how many house have you sold in four months? How many houses have you pursuaded the sellers to reduce price to "fundamental value"? If more than 50% of your listings sold in four months, I will shut up and go away.
 
NonFCB said:
traceimage said:
NonFCB, if you don't want to put your money where your mouth is, just say so. $10k is a lot of money and we all understand that. But it seems like you are afraid to actually follow through with the bet, so you keep coming up with ridiculous terms and conditions.
What term is ridiculous? Go ask TIC to reduce unsold house price $50k every four months until the inventory is sold, no buyer co-op, no designer credit, etc. Let me know what TIC rep will tell you. Want to have fun piggy back with Indie? Welcome, but not on your bear terms.

I was referring to the various requirements you've suggested before you will move forward with the bet with USC/Indie: IQ tests, getting spousal/parental permission, a 12-month selling window, and the approval of five TI members.
 
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