I would argue that companies that invent products or services that really suck can get a lot of exposure through blogs.
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Only the Bad haterz blogs and only if their product really suckz.
;0
Hi warrior woman. I was actually thinking about how cool buz and viral marketing are. When are you going to write a post about why real estate agents suck? I can say real __r ‘s suck or they will throw my but out of our secret society and I’ll have to give my pin back. I know you have stories to tell and I am listening . . . 🙂
Just found this one at the housingbubbleblog.
Enjoy.
Man, do I feel stupid, too. I bought a tiny penthouse Condo. downtown Orlando on Sept. 16th, 2006 for 30% discount off of the appraised value, which was Homesteaded by the Sellers for the year 2006. I have a 60% LTV and a 30 year fixed, and HOA of $113.00. Thought I was hunkered down for the crash.
In the closing, I asked the “Licensed Professionals” about what taxes I would own for 2006 since I would only live in the home for 3 1/2 months for that tax year. I already knew the answer, but wanted to make sure. They said $750.00.
The seller walked away with $3,500.00 cash at the closing.
As soon as I moved in, our Building Insurance was canceled by Nation Wide and went to Citizens, the Florida Insurance Company of Last Option. Price differential was an increase of $220,000.00 and my HOA doubled overnight.
Then came March 30th when I tried to pay my taxes of $750.00 and the State Tax Rep told me I owe ALL OF THE SELLERS TAXES FOR 2006, almost $2000.00, does not matter that that I did not live in the home and was not told of this at closing.
Anyway, last time I checked I was not stoopid, but I feel like an idiot.
So much for buying what I can afford and preparing for the worst.
They GOT ME GOOD.
Should be a law.
Thoughts?
http://thehousingbubbleblog.com/?p=2676#comments
bubble – real estate is regulated on the local level. Here in MN it depends what we put in the contract. the options include having the seller pay all taxes for the year up to the day of closing and the buyer from the day of closing. There are other options including having the buyer pay all of the taxes for the year. The important thing is that it is in writing, signed and understood by both parties so there are no surprises. Read the fine print on the purchase contract and see what it says about property taxes.