Comments for RobinsRendition.com

Comment on Bank Loses $62,000 due to Stubbornness. by Robin Willis - Tucson's Expert Agent

Robin Willis - Tucson's Expert Agent — Thu, 02 Apr 2009 00:58:54 +0000

Interesting thought, Lisa. I wish that we could give the banks credit for being so smart. LOL Oftentimes the bank does have insurance on the debt, but the insurance will also pay out on a short sale loss. Keep in mind that the insurance only covers a portion (top 10% or 20% of the loan, for example) so many times by foreclosing they incur liability greater than that and end up losing more.

Sadly, the reason that many banks can’t make sound decisions is that there are too many decision makers. They have the manager at the bank, the investor, and often, the insurance company. If these two or three don’t okay the sale then it is rejected and everybody loses!

Comment on Bank Loses $62,000 due to Stubbornness. by Lisa Wright

Lisa Wright — Wed, 01 Apr 2009 21:25:49 +0000

I have a question, I have been watching this happen since I started looking at Tucson real estate 2 years ago. It would seem that a short sale is in the interest of the bank yet, so often they let perfectly good offers go…. To me this is a puzzle.

Banks are in business to make money and it would seem with these kinds of transactions that they are loosing money so the only thing that I can figure out is that they are still making money on the transaction somehow.

My thought is that they have insurance on the debt… the insurance pays out and then they sell the house win, win for them. What do you think?

Comment on Dear Mr. Negotiator… by Gretchen Merrick

Gretchen Merrick — Tue, 10 Feb 2009 00:22:18 +0000

Hilarious, Robin! And I would be laughing even harder if it weren’t all so true. Mr. Negotiator probably still doesn’t get it….

Comment on Perhaps I should run for President by Robin Willis

Robin Willis — Fri, 30 Jan 2009 18:58:20 +0000

Thank you, Stephen. What you are looking at is my best PR shot. *Smiles proudly* You should see the ones where the camera catches me right in the middle of a sentence. LOL The press would have a field day.

Comment on Perhaps I should run for President by Stephen

Stephen — Fri, 30 Jan 2009 18:12:14 +0000

Happy belated b-day! I became age-eligible for the presidency half a decade ago, but your photo is much more PR friendly than any of mine! LOL!

Comment on Tucson Real Estate Market Report – January 2009 by Stephen

Stephen — Wed, 28 Jan 2009 20:56:27 +0000

This is great news! Thanks for sharing this and for a well-written article that even a non-real-estate-pro like myself can understand.

Comment on Are Bigger Banks Starting to “Get It”?? by Tucson, AZ Real Estate Market Report - January 2009 | RobinsRendition.com

Tucson, AZ Real Estate Market Report - January 2009 | RobinsRendition.com — Wed, 21 Jan 2009 03:41:47 +0000

[...] Are Bigger Banks Starting to “Get It”?? [...]

Comment on Arizona Proposition 100 – Protect Our Homes – Real Estate Transfer Tax Amendment by johnny

johnny — Mon, 29 Dec 2008 22:19:57 +0000

VJFeQd Thanks for good post

Comment on Arizona Proposition 100 – Protect Our Homes – Real Estate Transfer Tax Amendment by cwxwwwxdfvwwxwx

cwxwwwxdfvwwxwx — Wed, 24 Dec 2008 23:58:34 +0000

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Comment on Tucson AZ Real Estate Market Report – November 2008 by Stacey Derbinshire

Stacey Derbinshire — Sun, 23 Nov 2008 02:45:07 +0000

I discovered your homepage by coincidence.
Very interesting posts and well written.
I will put your site on my blogroll.