On this page the following entries were made in the “Sugarman” category.
Archive for “Sugarman”
One Tin Soldier
Unbridled advocacy in the hands of out-of-control AAG's is a dangerous thing, particularly when they're willing to bend the rules and worse, believe those rules apply to everyone but them.
Dear Rob,
I’m tuned in to a belief system I previously was not aware of.
Sure, I’d seen signs of it in the past, but until dealing with your office, I had no understanding of how deep these twisted beliefs run and how far these likewise twisted advocates will go in the name of consumer protectionism.
When there’s no hesitancy to do whatever it takes because the end justifies the means, destroying businesses with whom they disagree becomes just another day at the office.
Continue reading “One Tin Soldier” »
82 Percent? Good Question?
It's working so we figured we ought to do it that way.
Dear Rob,
As you know (though appear to be confused about), the new law requires investors to pay 82% of market value to any homeowner who either stays or has a continuing interest after selling.
You’ve complicated it further by requiring the investor provide the seller a check the very moment he decides to vacate.
We just took it . . .— AAG James Sugarman
Consumer Protection Division
Additionally, the 82% requirement remains in perpetuity, so if the seller is still in the property 10 years later, he’s entitled to 82% of the future market value as well.
And that makes sense to you?
Continue reading “82 Percent? Good Question?” »
I Call Bullshit #300
So in the World According to Jim, every transaction I've done stripped homeowners of their equity?
Dear Rob,
It was good to hear AAG Jim Sugarman discussing the HB 2791 fiasco on KVI radio last Sunday. I wondered how far he’d be bending the truth and guessed it would be plenty.
He didn’t let me down.
So, even though the hosts didn’t throw anything but softballs his way, Michelle did ask the one question I’d talked to her about earlier.
Continue reading “I Call Bullshit #300” »
Irony of Ironies
So, with this new law, you've eliminated investors, real estate agents, and now even buyers in general from the foreclosure marketplace.
Dear Rob,
How bad is your new consumer protection law dealing with foreclosure rescue scams?
Worse than you could ever imagine.
It’s so bad, in fact, real estate agents are running from people in default, refusing to list their properties or help them sell.
Now, here’s the crazy part . . .
Continue reading “Irony of Ironies” »
Texas Hold ‘em, a Very Simple Game
Why the poker talk on a blog about foreclosures and real estate?
Dear Rob,
Do you play poker?
If you do, you know Texas Hold ‘em is a very simple game.
It’s so simple, in fact, you can learn it in five minutes, tops. Nothing to it.
Continue reading “Texas Hold ‘em, a Very Simple Game” »
