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All Forum Posts by: Robert Steele

Robert Steele has started 56 posts and replied 612 times.

Post: Citibank failed to record Deed of Trust

Robert SteelePosted
  • Investor
  • Lucas, TX
  • Posts 618
  • Votes 351

Bill Gulley I didn't think the county clerks office cared about "oh I forgot to record it" and it was a purely a first recorded lien wins?

Post: Citibank failed to record Deed of Trust

Robert SteelePosted
  • Investor
  • Lucas, TX
  • Posts 618
  • Votes 351
Originally posted by K. Marie Poe:
I assume the OP is making payments on his loan to Citibank. If he can call or go online and get his balance, then it hasn't totally fallen through the cracks. If he were to default, Citibank would probably have to get their recording act together.

Yes I am making payments. The loan shows up on line and I get those interest paid statements at tax time.

Post: Citibank failed to record Deed of Trust

Robert SteelePosted
  • Investor
  • Lucas, TX
  • Posts 618
  • Votes 351

Too bad for them if someone else records a lien first. They'd be in the second position.

Post: Citibank failed to record Deed of Trust

Robert SteelePosted
  • Investor
  • Lucas, TX
  • Posts 618
  • Votes 351

Dumb asses didn't record their lien on my property in the county records. I just found this out when the title company couldn't find it. I couldn't find it either. When I closed over a year ago it was not at a title company and the closer who came to my house said she'd send copies of all the paperwork later. Never got those either.

Hmm, I wonder what kind of fun I could have with this and screw with a too big too fail/jail bankster at the same time? >-)

Post: Buyers agent threatening legal action - what a joke.

Robert SteelePosted
  • Investor
  • Lucas, TX
  • Posts 618
  • Votes 351

Chris Martin it's a cash buyer. I have $5K earnest money.

Tim G. Hey now! I'm an engineer ;)

Post: Buyers agent threatening legal action - what a joke.

Robert SteelePosted
  • Investor
  • Lucas, TX
  • Posts 618
  • Votes 351
Originally posted by George P.:
You misspelled "beatch".

Au contraire.

http://www.urbandictionary.com/define.php?term=beatch

Post: Buyers agent threatening legal action - what a joke.

Robert SteelePosted
  • Investor
  • Lucas, TX
  • Posts 618
  • Votes 351

I'm selling a property and just wanted to share with you guys the fun I have been having with my buyer and her buyers agent. I think it's the agent that is the one with the problem.

First of all they tried to use the inspection report to get me to come down on the price by 10% because it was full of nit picky things like the warning label sticker on the garage door spring had worn off. I didn't budge on the price and the buyer decided to move forward with the purchase anyway.

Then my realtor forget to send along a signed affidavit with our copy of the survey to the title company so the buyers agent orders a new survey at my expense rather than asking for the missing paperwork. Whatever ..

Next she starts threatening to take me to court because I said on the sellers disclosure that I had not had any work done on the property that required city permits. Apparently she thinks resurfacing a pool requires a permit. I checked with the city, it doesn't.

Now she is asking for warranties from companies I used to do repairs. Ha! that's not in the contract lady and I am no mood to be accommodating anymore.

Also I had offered verbally to reface the kitchen cabinets but it wasn't written into the contract. She says they won't close until it is done. I am going to do it anyway because I am a man of my word.

I don't understand why this realtor is being such a beatch and making the deal more difficult than it needs to be. Either she doesn't want the sale to go through and collect on her commission or she is on some sort of self delusional crusade to represent her buyers interests.

It seems to me when these hedgies get tired and exit the market there will be lots of cheap properties for us mom and pop landlords to pick up. I am selling a couple of my properties now that prices have run up (yes they may run up more) and I will use that powder to re-invest back into the market a couple of years from now.

Post: Big hello....new to BP from Dallas

Robert SteelePosted
  • Investor
  • Lucas, TX
  • Posts 618
  • Votes 351
Originally posted by Dan Shoemaker:
Robert,

It's when a group of investors get together to discuss all things investing. What's working, what's not, and generally just sharing and learning from one another. If you have the right group of people, it can be HUGE boost to your investor "mindset"!

Dan Shoemaker give me a beer and ask me about REI and I won't shut up.

Post: Are Home Warranties worth it??

Robert SteelePosted
  • Investor
  • Lucas, TX
  • Posts 618
  • Votes 351

No. Save your money and put it towards repairs that the home warranty company will weasel out of anyway.