Redlinerobert

Interesting times indeed. The summit was great. Saw some old friends and made some new ones. I dont think we'll start to see a normal market for another 3 years. Many of the outsourcing companies are retooling to deal with short sales. There's less of a loss to the lender and the credit for the seller isnt killed. The difference is that marketing will now be bottome up (client) rather than top down (asset manager). It's going to be quite the ride for the next few years.

impossible to pick just one. Grilled halibut, swordfish steaks, seabass, ling cod, piranha, peacock bass, the list goes on and on. It's also hard to beat fresh hamachi sashimi, with a little bit of soy sauce and alot of japanese guacamole. ;D

lol. Happened to me once too.

Those shows do suck. Why did they not suck when we were kids?

Looks like 2010 will be the year of the short sale. Many banks are simply more reluctant to take the property back and sell it as an REO. I can tell you that our REO inventory has drastically diminished, only to be replaced by more short sales. The issue is that there is no standardized format for the short sale process. Each lender/investor has their own manner in dealing with things, which only makes things more difficult as well as time consuming. My suggestion is that if any of you are looking to purchase, deal with someone that has experience with the short sale process. The last thing you want is to be the guinnea pig for an agent that has never closed a short sale transaction. It could mean the differece between getting the deal done and losing. If you have any specific questins guys, feel free to pm me. Glenn, Eric says hello. If you're coming out for ICAST I may be here, we can stop by so you can see what he's done to the place.

The time is ripe to invest. With prices being where they are at, RE makes a very good long term investment. You are literally buying at the bottom right now. One thing that banks and investors are trying to avoid is saturation in the market, so we will see the properties being released in stages. We currently are selling primarily REO properties and short sale properties, it's been a couple years since we've sold a 'regular' property. Depending on where you are at though, the market has not been hit as hard as others. In Monterey County, CA, where my offices are based, we're seeing prices at about 60% less than what they were at during the peak of the market. Oh and Glenn, I'm staying at 'The compound'. The house is 95% complete, and at 51,000 sq ft, it's in the top 15 largest homes in the entire country.

From the looks of it, the worst of the foreclosure market is yet to come guys. There are so many homes either in foreclosure or close to it, that many of the banks that we currently deal with can not handle the load so they're using outside sources to help sell and manage these homes. More details later.

Ummm...all of it? ;D

87

Agreed. It's pefect for fishing small ponds though!

Now this is pretty unique! http://www.lilipadboats.com/

There's a few things I can't do without. If I had to pick one item, it would be the Hotfoot. I'll never own a boat without one.

I'm looking to buy a used Range Rover. If anyone here has any contacts and can get me a deal, please pm me. Thanks!

I think it's wrong on so many levels that he came back to host the tonight show. If Conan O'Brian wasn't pulling in the ratings, then they should have found another replacement other than Jay. I just dont think he's that funny.

Open window. throw computer out window. Call Dell. Order new computer. Wasn't that easy? ;D

One more vote for the Droid, buddy. Loads fast on this phone.

Seriously?

I really really miss the Leon.

I've always been a fan of black cars with silver 5 spoke wheels. Clean and classic. I would not change a thing on this car. These new concave wheels are really growing on me.

My pal in Miami just built this car. I'm not much a fan of the Corvette, but this looks pretty nice! Wheels: ADV.1 3 piece forged ADV5 wheels 20x10 front / 20x13 rear Finish: Brushed aluminum center w/ powder clear Chrome lips & raw aluminum inners Tires Nitto INVO's 285-25-20 345-25-20 CF lip kit special thanks to Jason at Katech Front ZR1 lip spoiler and side skirts

Awesome read. I can't imagine catching so many bass...with the smallest being 8 lbs! http://www.westernbass.com/utah/library/view.html?id=2683

Driving skill aside, she has the personality of a pretzel. I met her back in 2004 and was less than impressed.

It's made for the 'sensitive fisherman'. ;D

One of these years I have to make the trip to Japan and hit the Osaka Fishing tackle show. Here is probably the best e-zine I've ever seen on it. http://www.thetightline.com.au/