The McLaughlin Group Team

The McLaughlin Group Team

Thursday, March 31, 2011

BLINDS WIDE OPEN -day 45 Ludicrous

Here is a whopper of what's wrong with the way we go about things! All cash buyer with monthly dues of about $500 per month in a particular park. Park association has denied based on the lack of income but yet the buyer shows assets, liquid and property, that would allow this buyer to pay dues until the ripe age of 212 years old. So imagine, moderate retirement income yet super large bank account. This is probably is the most qualified buyer this residential community has ever seen and yet they want to see income of 3 times the dues...LUDICROUS! Having rules is important but when common sense is removed from the equation, you have to scratch your head in disbelief. I am sure we will work this out but PLEASEEEEE.

This is Dave, from The McLaughlin Group, keeping it real in real estate!

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