Bailouts — Political Cover — Real Estate Investment

Posted @ 2:42 pm - Filed under Check This Out, Sez Me, Financing, Market Correction, Predictions, Communication

Ever wonder why some politically charged things happen? The answer’s usually found in underlying agendas. What? Politicians have stealthy agendas? Perish the thought. :) Seriously, as soon as the Republicans get their way on most points, they’ll add their votes to the plan, and the Democrats will follow suit, happy they’re now part of a much larger herd.

It’s important in D.C. to ensure certain things. Remember, it’s not who wins, it’s who gets the blame. If Washington’s about anything, it’s plausible deniability.

That axiom alone goes a long way in explaining much of what goes on in our capitol.

Anyway, just a note letting you know, this is not nearly as ‘crisis ridden’ as most would have you believe. Don’t forget they told us we were gonna die, again, last Friday. :)

I’m not only still alive, but literally only a day or two away from gettin’ my clients a new source for boatloads of competitively priced investment loans. Guess that lender wasn’t afraid of dying last Friday either.

Go figure.

This entry was posted on Monday, September 29th, 2008 at 2:42 pm and is filed under Check This Out, Sez Me, Financing, Market Correction, Predictions, Communication. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

9 comments to “Bailouts — Political Cover — Real Estate Investment”

Robert Coté on September 29th, 2008 at 2:59 pm said:

  • I’ve participated in or passed upon any number of personal, education, real estate credit offers in the last month alone. Some smart person once intoned “lenders lend.” I’m pleased that for the first time in years the lifeguards have put up the float barrier so only the good swimmers are allowed in the deep end.

BawldGuy on September 29th, 2008 at 3:09 pm said:

  • I wish I could put things the way you do sometimes. Excellent.

David Shafer on September 29th, 2008 at 4:39 pm said:

  • Ahh, politicians disassemble might be one of the Bawld Guy axioms!

BawldGuy on September 29th, 2008 at 5:23 pm said:

  • OR BawldGuy Redundancy. :)

Chris Lengquist on September 30th, 2008 at 10:46 am said:

  • The fun thing is reading all the differing opinions. The very few cash buyers I have right now are smiling.

Robert Coté on September 30th, 2008 at 11:10 am said:

  • Pardon my French but cash buyers are idiots. Okay, this is a polite forum but I couldn’t help myself. Zero leverage is every bit as bad an investment plan as is excessive leverage.

BawldGuy on September 30th, 2008 at 1:56 pm said:

  • Robert — Wouldn’t agree there, since the cash buyer doesn’t face the potential problems of the over leveraged investor.

    Just sayin’…

Chris Lengquist on September 30th, 2008 at 2:29 pm said:

  • Robert - As a professional investment realtor I can advise but I also have to keep in mind it’s not my money. After weighing options some feel better only putting in 25% (since that’s the point where interest rates take a big drop) but some still feel like paying all cash.

    I’m a realtor, I sell. I may say “Hey, did you think about this or that?” But I don’t turn away someone because he has a different philosophy than me.

    And besides, most of my clients have net worths 10 to 50 times mine. Sometimes I shut up and listen to them. :)

David Shafer on September 30th, 2008 at 5:28 pm said:

  • I’m glad Robert said it but I was definately thinking it! Real Estate as a hedge against inflation instead of a wealth building tool! Different strokes for different folks!

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