Northpark Flip: 2 Malibu

NEW -> Contingent Buyer Assistance Program
NonFCB said:
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.
I don't focus on listings, I focus on the buy-side.  If you must know, I've assisted 4 buyers close on this homes this year along with one industrial building purchase.  Of the sellers that I have talked to, I told them what it will take to move their property quickly (in terms of pricing strategy).  I got my condo into escrow with multiple offers within 1 week back in 2008 when all hell was breaking loose and closed within 40 days of listing it.  At the end of the day, it's the PRICE that sells homes....if you price it right, it will sell...period, end of story.

Now stop stalling and let's make that bet already...that $3,000 is burning a hole in my pocket.
 
2 Malibu being a dunnestate and all, does anyone know if it actually measures 3,400sq ft exactly and sits on a 6,000sq ft lot exactly?  Gee, dose harr sum nighs wround numberts Mike.  But oooh, it has SUNLIGHT ALL DAY LONG, because when you wear a bowtie, that's what you get, the heavens part, and you teleport to the north pole.  Also, positive feng shui can vary depending on individuals as far as I'm aware, not just due to a south facing yard.

Anyway, I started a thread on TI where I inquired with y'all about inflated square footage numbers.  I keep seeing it take place.  There was a property I was looking at that was puffed by over 100 sq ft.  I let the realtard know, and after some talking down to me and attempts to educate me on how things work, the MLS was updated.  That dropped the $/sq ft by over $20.

In this day and age, I find it a particularly sad state of affairs, as a person's word just doesn't carry much weight anymore.  My conscience costs me a premium in business, but time and time again, I come back to knowing that it's worthwhile.
 
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.


Again.  What does the TI community have to do with qualifying one of the parties of the bet?  The TI community is just the audience.  Does a boxer have to be approved by five random people in the audience to be capable of fighting their opponent?  No.  The TI community are just people sitting ringside watching the action go down.  The bet is between you (NonFCB), IndieDev and USC (side bet).

The way I look at it.  there are only a few particulars that need to be nailed down.
1) The bet amount.
2) The selling price point and who is betting on which side of the price.
3) Agreement on if the selling price is the 'in Escrow' selling price or the actual total compensation the homeowner gets (inclusive of sales price, side cash, tangible goods, credits, sweeteners, etc.) - May be hard to confirm.  It would require honesty of the seller and NonFCB to disclose.
4) The duration of the bet and details on what happens/who wins if the house is not sold at the end of the time frame.
5) What happens if the seller takes the house off the market or 'de-lists' and 're-lists' to reset the MLS DOM clock.
6) Who the money holder will be.

I think I covered the major points.  So make it happen if parties are really interested in doing it.
 
davenlei said:
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.


Again.  What does the TI community have to do with qualifying one of the parties of the bet?  The TI community is just the audience.  Does a boxer have to be approved by five random people in the audience to be capable of fighting their opponent?  No.  The TI community are just people sitting ringside watching the action go down.  The bet is between you (NonFCB), IndieDev and USC (side bet).

The way I look at it.  there are only a few particulars that need to be nailed down.
1) The bet amount.
2) The selling price point and who is betting on which side of the price.
3) Agreement on if the selling price is the 'in Escrow' selling price or the actual total compensation the homeowner gets (inclusive of sales price, side cash, tangible goods, credits, sweeteners, etc.) - May be hard to confirm.  It would require honesty of the seller and NonFCB to disclose.
4) The duration of the bet and details on what happens/who wins if the house is not sold at the end of the time frame.
5) What happens if the seller takes the house off the market or 'de-lists' and 're-lists' to reset the MLS DOM clock.
6) Who the money holder will be.

I think I covered the major points.  So make it happen if parties are really interested in doing it.

Thank you for making the template available! I believe we have resolved majors issues except the term, 4-mo vs. 12-mo.
 
This guy is claming the house is priced right, but wants a YEAR to prove it.
A98672EC-9EAF-409D-AA87FFED88F86086.jpg

 
IndieDev said:
I have a confession, NonFCB is my son. I am his daddy.
Indie, it's time to get the belt out...here's a PM from NONFCB to me...

"http://creditboards.com/forums/index.php?showtopic=344221
It will be fun for other TI members to see it."

One little problem with your google skills NonFCB, that's not me because I've never been married.  What a troll.  haha
 
USCTrojanCPA said:
Indie, it's time to get the belt out...here's a PM from NONFCB to me...
FYI: Forum etiquette dictates PMs should remain as such... "private" messages. A good rule of thumb is not to share PMs unless the other party agrees to it.
 
irvinehomeowner said:
USCTrojanCPA said:
Indie, it's time to get the belt out...here's a PM from NONFCB to me...
FYI: Forum etiquette dictates PMs should remain as such... "private" messages. A good rule of thumb is not to share PMs unless the other party agrees to it.
With the exception of a troll trying to falsely accuse me of being someone I'm not...I wanted to beat him to the punch.  haha
 
USCTrojanCPA said:
With the exception of a troll trying to falsely accuse me of being someone I'm not...I wanted to beat him to the punch.  haha
Making exceptions puts you on a slippery slope.

All you had to do was PM back that it's not you... and if they do post it... that's when you can address it.

Up to you... but just like his use of profanity... I'm an equal opportunity critic.
 
While I agree that PMs should remain private, NonFCB is threatning to slander USCtrojanCPA by painting his financial situation falsely. That could have a direct effect on his professional reputation. Notice the wording:

NonFCB said:
"It will be fun for other TI members to see it."

He doesn't specify whether he'll do it publicly, or privately. He could have sent this to numerous people on TI's board, and the damage could already be done.

Even though IANAL, I feel that if NonFCB tried to propagate this type of false information he could be successfully sued by USCtrojanCPA for defamation/slander since there could be a measurable economic effect on USC's business. If NonFCB thinks asking his dad for $10,000 is hard, imagine asking him for $25,000 + punitive damages.

Honestly, I would let him spread that false info and then clean NonFCB out (or his dad out).
 
irvinehomeowner said:
USCTrojanCPA said:
With the exception of a troll trying to falsely accuse me of being someone I'm not...I wanted to beat him to the punch.  haha
Making exceptions puts you on a slippery slope.

All you had to do was PM back that it's not you... and if they do post it... that's when you can address it.

Up to you... but just like his use of profanity... I'm an equal opportunity critic.
He was probably gonna post it up anyhow so why not beat him to the punch. 
 
USCTrojanCPA said:
He was probably gonna post it up anyhow so why not beat him to the punch. 
C'mon... that's a lame excuse.

"Oh... he PM'ed me that he might post this thread about me that isn't me so instead I posted it just in case."

And it's a good thing Indie isn't a laywer, slander is spoken defamation and is usually not private... you're probably thinking libel, which also needs to be published... not in a PM. Since USC was the one who publicized it... should he sue himself?
 
IndieDev said:
While I agree that PMs should remain private, NonFCB is threatning to slander USCtrojanCPA by painting his financial situation falsely. That could have a direct effect on his professional reputation. Notice the wording:

NonFCB said:
"It will be fun for other TI members to see it."

He doesn't specify whether he'll do it publicly, or privately. He could have sent this to numerous people on TI's board, and the damage could already be done.

Even though IANAL, I feel that if NonFCB tried to propagate this type of false information he could be successfully sued by USCtrojanCPA for defamation/slander since there could be a measurable economic effect on USC's business. If NonFCB thinks asking his dad for $10,000 is hard, imagine asking him for $25,000 + punitive damages.

Honestly, I would let him spread that false info and then clean NonFCB out (or his dad out).
Fortunate for me, one of my buyers is an attorney (who has already offered their services if I needed them) so this wouldn't be hard to do if he keeps provoking me.  But to lighten things up, I'll leave a picture for NonFCB that summarizes things nicely....
 

Attachments

Never listen to IHO when it comes to legal advice, he has about as much savvy in that field as he does understanding markets. :D

If NonFCB has communicated it to third parties through PM, then he's already guilty. It doesn't need to be "publicly" put on the forum. If he's sent it to say "traceimage" or anyone else on this board, then he's already lost.
 
USCTrojanCPA said:
IndieDev said:
I have a confession, NonFCB is my son. I am his daddy.
Indie, it's time to get the belt out...here's a PM from NONFCB to me...

"http://creditboards.com/forums/index.php?showtopic=344221
It will be fun for other TI members to see it."

One little problem with your google skills NonFCB, that's not me because I've never been married.  What a troll.  haha

Yes, my google skill is not good. Please show me. I put your email address "usctrojanman29@aol.com" (you volunteered this email in one TI discussion) in the Google search box. At the end of second page, we can see this topic. We can also see other interesting topics related to this search. File a case against that board and Google for identity theft. I am just an innocent web browser doing my research. I wanted to keep my research private and you are eager to share my research with other TI members.
 
IndieDev said:
Never listen to IHO when it comes to legal advice, he has about as much savvy in that field as he does understanding markets. :D

If NonFCB has communicated it to third parties through PM, then he's already guilty. It doesn't need to be "publicly" put on the forum. If he's sent it to say "traceimage" or anyone else on this board, then he's already lost.
Again... good thing you're not a lawyer.

Stick to your financial "expertise" and fundamentals... and I wasn't giving any legal advice... you may want to brush up on your reading skills... again.
 
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