Where Have All The People Gone? - 07/24/08 03:42 PM
Where have all the home owners gone?
Long time passing.
Where have all the people gone?
Long time passing.
Defaulted and disappeared every one.
When will they ever learn?
When will they ever learn?
Where have all the home owners gone?
Where have all the people gone?
Where? Where? Where? Where?
I sit in Las Vegas and look at the vacant foreclosures and have to ask where have all the people gone? We have one zip code, North Las Vegas that is said to have more foreclosures than any other zip code in the country and yet the population continues to … (8 comments)

Platitudes - 07/16/08 03:15 PM
"I Know What You Think You Heard, But That's Not What I said"  
"People remember what they heard last"
"Never answer an objection until the buyer has repeated it three times."
"People remember best what they hear the most"
"Ask a leading question then SHUT-UP! ... The person that speaks next losses"
"People hear what they want to hear!"
"Platitude >noun a remark or statement that has been used too often to be interesting or thoughtful."*
Tripe: informal nonsense; rubbish.*
*So says my Corel WordPerfect 12's dictionary.
Personally, I might say: Ancient wisdom!
In this age of finger pointing so many … (17 comments)

Passing the Buck / It's the LO's Fault / A Convenient Misunderstanding - 07/14/08 10:32 AM
So many people want to pass the buck,to blame anyone but themself for the mortgage crisis. The most maligned being the individual Loan Originator, LO. The LO's are an easy target because some of them are guilty with regard to their clients, but the same can be said about any and every identifiable group.
The LO's job is rarely understood.
Worst of all, LO's are vulnerable because in most states they are not even required the 90 to 180 clock hours of pass the exam class that the real estate agents call education! When the finger pointers want to it's easy … (16 comments)

To Blog or not to blog? Two Years Later - 07/13/08 02:43 PM
(This is an edited version of my article from 10-2006)
 To Blog or not to blog?

 To respond to blogs or not respond?
That is the question.
Whether it is better to suffer the slings and arrows of outrageous... Exposure (?)
Over the last two years I have become an active participant it this site. Some strange and unexcepted things have been happening.
For health reasons I pretty much work from home, writing, consulting, working on my publishing business with occasional trips out to teach or speak. Two years ago I said: "To promote my books I syndicate articles, and … (10 comments)

Creditably / Vulgarity / Facttoids / Exaggerations / Hate - 07/12/08 04:44 PM
Creditably, Vulgarity, Facttoids, Exaggerations, and Hate are incomparable! At a time when hate has replaced common sense, so many respond in kind, with vulgar, made-up lies, exaggerations, and pure unadulterate hate. We except this from many, but we must refrain from answering in kind!
Even when addressing a receptive audience you lose all creditably. A comment on one of my blogs refereed me to another site, off AR that started:
"What a load of crap ...   just one piece of BS after another."
Mild by current standards, but never the less it under cut the writer's creditably, nothing else mattered, even … (9 comments)

IndyMac / Money Merge / Broke Fools - 07/12/08 12:34 AM
IndyMac was taken over by the FDIC! Accounts frozen, advances stopped(?), HELOCs frozen?
It's happened before, but not on such a scale. Just how are the gullible schemers and dreamers going to feel about their "money merge" accounts, now?
If ever there was proof that "figures don't lie, but liars figurer" it's the "money merge" accounts!
If you've followed the program. You have liquidated your savings and retirement accounts to reduce your mortgage. You direct deposit your pay checks to reduce your HELOC balance then draw against the HELOC for your monthly cash needs. If your HELOC was just frozen you're … (30 comments)

REALTORS Excoriated In Atlanta - 07/10/08 07:28 PM
Ignoring property rights.
Ignoring property owners.
Ignoring contract law.
Ignoring REALTORS Civil rights.
Ignoring common sense.

"City inspectors have begun ticketing Atlanta real estate agents, holding them liable for code violations on run-down, often foreclosed properties..." says the Atlanta Journal-Constitution!
What next? Are REALTORS to be held libel for sellers bad decisions?
If this were applied to law, defense attorneys would have to serve time with their clients! Hummmmm
Bill
William J Archambault Jr

The Real Estate Investment Institute
(16 comments)

Competence Is Not An Unfair Advantage / Incompetence Is A Sin - 07/09/08 04:28 PM
I've been looking long distance for a house, for the last few weeks. The overwhelming incompetence of the listing agents I spoken with has reached an unbelievable low. I've talked to at lease five listing agents that have never seen their listing! Agents that have no idea of the neighborhood, or condition of their listing. Even worst, they don't care!
Admittedly most of the listings were REO's, most but not all.
Where in the code of ethics http://www.realtor.org/MemPolWeb.nsf/pages/COde is incompetence even tolerated?
The advent of agency has allowed the home buyer some of superior services, investment and commercial investors have enjoyed … (6 comments)

Carrion Investing - 07/07/08 12:20 PM
I haven't seen the traditional TV Real Estate Gurus on the air, lately. I haven't had my mail box flooded with their offers to make me rich in the next 30 days. These carrion Vultures and their minions of Crows all hoping for a free meal are undoubtably afraid of changing law and public perception.
I don't miss the Vultures or the Crows that sweep down and attack vulnerable home owners by deception and deceit. These vile caricatures should indeed be very, very careful and be prepared for prosecution/persecution regardless of guilt!
Before you condemn/curse the carrion among us remember both … (6 comments)

Political Eloquence - 07/02/08 08:29 AM
At a time when hate has usurped logic. When collected 30 second sound bytes have replaced speeches. At a time when leaders and would be leaders speak in incomplete sentences, so that no matter what you though you heard they didn't say it. At a time when "Honor" is a demand not an earned accolade, At a time when the surest way to become a nearly instance multi millionaire is not hard work, real estate, or ingenuity, but rather to run for political office. At a time like this it's hard to believe that Thomas Jefferson could write and 56 politicians … (11 comments)

 
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William J Archambault Jr

Houston, TX

More about me…

The Real Estate Investment Institute

Address: The Real Estate Investment Institute, 448 W. 19TH St. Suite 245, Houston, TX, 77008

Office Phone: (702) 516-1569

Cell Phone: (832) 259-7078

Email Me

Sage real estate and mortgage information, from the man at The Real Estate Investment Institute.

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