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	<title>Comments on: Might &#8220;Lease Purchase&#8221; be this market&#8217;s &#8220;il Salvatore&#8221;?</title>
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	<link>http://raincityguide.com/2008/09/06/might-lease-purchase-be-this-markets-il-salvatore/</link>
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		<title>By: ARDELL</title>
		<link>http://raincityguide.com/2008/09/06/might-lease-purchase-be-this-markets-il-salvatore/#comment-325105</link>
		<dc:creator>ARDELL</dc:creator>
		<pubDate>Mon, 15 Sep 2008 03:18:45 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=2309#comment-325105</guid>
		<description>Tim,

Why am I remembering Paul Bachetti who used to stick his hand in my uniform pocket every day, break my comb in half and sneak it back in...because he liked me :)

I&#039;ll see if I can turn out the lights on this thing.</description>
		<content:encoded><![CDATA[<p>Tim,</p>
<p>Why am I remembering Paul Bachetti who used to stick his hand in my uniform pocket every day, break my comb in half and sneak it back in&#8230;because he liked me <img src='http://raincityguide.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>I&#8217;ll see if I can turn out the lights on this thing.</p>
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		<title>By: ARDELL</title>
		<link>http://raincityguide.com/2008/09/06/might-lease-purchase-be-this-markets-il-salvatore/#comment-325104</link>
		<dc:creator>ARDELL</dc:creator>
		<pubDate>Mon, 15 Sep 2008 03:17:35 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=2309#comment-325104</guid>
		<description>Kary,

After you have been in the business another 15 plus years and have not had any suits for as long as I have not...we&#039;ll talk.  I am clearly not more likely to get sued than you...or I would have been by now.</description>
		<content:encoded><![CDATA[<p>Kary,</p>
<p>After you have been in the business another 15 plus years and have not had any suits for as long as I have not&#8230;we&#8217;ll talk.  I am clearly not more likely to get sued than you&#8230;or I would have been by now.</p>
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		<title>By: Tim</title>
		<link>http://raincityguide.com/2008/09/06/might-lease-purchase-be-this-markets-il-salvatore/#comment-325101</link>
		<dc:creator>Tim</dc:creator>
		<pubDate>Mon, 15 Sep 2008 02:53:47 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=2309#comment-325101</guid>
		<description>I hear the Seahawks lost.  Dang.  But, the views of the Cascade Mtn Range from 7000 ft just above Sunrise Lodge at Mt. Rainier were phenomenal today!  Everyone should take a break from blogging and get out to enjoy this wonderful weather.</description>
		<content:encoded><![CDATA[<p>I hear the Seahawks lost.  Dang.  But, the views of the Cascade Mtn Range from 7000 ft just above Sunrise Lodge at Mt. Rainier were phenomenal today!  Everyone should take a break from blogging and get out to enjoy this wonderful weather.</p>
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		<title>By: Kary L. Krismer</title>
		<link>http://raincityguide.com/2008/09/06/might-lease-purchase-be-this-markets-il-salvatore/#comment-325100</link>
		<dc:creator>Kary L. Krismer</dc:creator>
		<pubDate>Mon, 15 Sep 2008 02:35:54 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=2309#comment-325100</guid>
		<description>Ardell wrote:  &quot;No one is right, Kary. You are right for your clients and I am right for my clients. Did you really think one of us was absolutely right?&quot;

No, but one of us is the one least likely to get our clients into serious trouble.  One of us is more likely not to be sued by our clients (along with our broker) as a third party defendant.  One of use is the one most likely not to be sued for consumer protection act violations that might not be covered by our firms malpractice insurance.</description>
		<content:encoded><![CDATA[<p>Ardell wrote:  &#8220;No one is right, Kary. You are right for your clients and I am right for my clients. Did you really think one of us was absolutely right?&#8221;</p>
<p>No, but one of us is the one least likely to get our clients into serious trouble.  One of us is more likely not to be sued by our clients (along with our broker) as a third party defendant.  One of use is the one most likely not to be sued for consumer protection act violations that might not be covered by our firms malpractice insurance.</p>
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		<title>By: Kary L. Krismer</title>
		<link>http://raincityguide.com/2008/09/06/might-lease-purchase-be-this-markets-il-salvatore/#comment-325099</link>
		<dc:creator>Kary L. Krismer</dc:creator>
		<pubDate>Mon, 15 Sep 2008 02:31:44 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=2309#comment-325099</guid>
		<description>Kevin wrote:  &quot;“Type” of risk? Risk is risk. Determining what is acceptable to the client vs the possible outcome (good or bad) factors into the equation.&quot;

Losing a pending sale after 4 months is entirely different than having your property tied up in litigation for four years and being unable to sell it during that time.

(BTW, in the case I cited the buyer didn&#039;t obtain a stay pending appeal.  In Federal court the seller could still sell (at least a bankruptcy trustee could).  I&#039;m not aware of any similar rule for state court, but the court did talk about the issue of the case being moot, so maybe.  But sill, if the buyer did obtain a stay, you&#039;re clearly along for the ride for the duration of the case.)</description>
		<content:encoded><![CDATA[<p>Kevin wrote:  &#8220;“Type” of risk? Risk is risk. Determining what is acceptable to the client vs the possible outcome (good or bad) factors into the equation.&#8221;</p>
<p>Losing a pending sale after 4 months is entirely different than having your property tied up in litigation for four years and being unable to sell it during that time.</p>
<p>(BTW, in the case I cited the buyer didn&#8217;t obtain a stay pending appeal.  In Federal court the seller could still sell (at least a bankruptcy trustee could).  I&#8217;m not aware of any similar rule for state court, but the court did talk about the issue of the case being moot, so maybe.  But sill, if the buyer did obtain a stay, you&#8217;re clearly along for the ride for the duration of the case.)</p>
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		<title>By: ARDELL</title>
		<link>http://raincityguide.com/2008/09/06/might-lease-purchase-be-this-markets-il-salvatore/#comment-325097</link>
		<dc:creator>ARDELL</dc:creator>
		<pubDate>Mon, 15 Sep 2008 00:32:55 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=2309#comment-325097</guid>
		<description>Shoot Kev, I have to go show three houses just when the refeshments hit the thread!

My clients voted comment #42 Item 6) the funniest in the comment stream :)  My personal favorite is Comment #204

This is an excerpt of one of my favorite parts, but I like the whole comment &quot;...I have been scared into inaction on numerous occasions in CE classes where the goal is to get the agents to soil their shorts in fear. What ends up happening is that instead of thinking creatively, agents don’t think at all. I don’t know of any buyer or seller that wants their agent crippled in a ball on the floor hitting themselves over the head with crumpled CE notes screaming “it can’t be done, it can’t be done!” I speak from experience as the formerly crumpled ball of blubber on the floor.&quot;

Have fun!  Save a mini-coke for me. The only diet soda I drink is Canada Dry Ginger Ale.  Coke has to be non-diet.</description>
		<content:encoded><![CDATA[<p>Shoot Kev, I have to go show three houses just when the refeshments hit the thread!</p>
<p>My clients voted comment #42 Item 6) the funniest in the comment stream <img src='http://raincityguide.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />   My personal favorite is Comment #204</p>
<p>This is an excerpt of one of my favorite parts, but I like the whole comment &#8220;&#8230;I have been scared into inaction on numerous occasions in CE classes where the goal is to get the agents to soil their shorts in fear. What ends up happening is that instead of thinking creatively, agents don’t think at all. I don’t know of any buyer or seller that wants their agent crippled in a ball on the floor hitting themselves over the head with crumpled CE notes screaming “it can’t be done, it can’t be done!” I speak from experience as the formerly crumpled ball of blubber on the floor.&#8221;</p>
<p>Have fun!  Save a mini-coke for me. The only diet soda I drink is Canada Dry Ginger Ale.  Coke has to be non-diet.</p>
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		<title>By: Kevin Tomlinson-Miami Beach Real Estate</title>
		<link>http://raincityguide.com/2008/09/06/might-lease-purchase-be-this-markets-il-salvatore/#comment-325096</link>
		<dc:creator>Kevin Tomlinson-Miami Beach Real Estate</dc:creator>
		<pubDate>Mon, 15 Sep 2008 00:06:02 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=2309#comment-325096</guid>
		<description>mini-Diet Cokes, on hand..............</description>
		<content:encoded><![CDATA[<p>mini-Diet Cokes, on hand&#8230;&#8230;&#8230;&#8230;..</p>
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		<title>By: ARDELL</title>
		<link>http://raincityguide.com/2008/09/06/might-lease-purchase-be-this-markets-il-salvatore/#comment-325095</link>
		<dc:creator>ARDELL</dc:creator>
		<pubDate>Sun, 14 Sep 2008 23:32:07 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=2309#comment-325095</guid>
		<description>&quot;So let’s see, a real estate agent, with no legal training at all...&quot;

You&#039;re not suggesting that someone having &quot;legal training&quot; makes them a better agent ipso facto, are you?</description>
		<content:encoded><![CDATA[<p>&#8220;So let’s see, a real estate agent, with no legal training at all&#8230;&#8221;</p>
<p>You&#8217;re not suggesting that someone having &#8220;legal training&#8221; makes them a better agent ipso facto, are you?</p>
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		<title>By: ARDELL</title>
		<link>http://raincityguide.com/2008/09/06/might-lease-purchase-be-this-markets-il-salvatore/#comment-325094</link>
		<dc:creator>ARDELL</dc:creator>
		<pubDate>Sun, 14 Sep 2008 23:29:54 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=2309#comment-325094</guid>
		<description>In my experience, Kary, if you expect the worst from people...that&#039;s what you get.  When they know your reputation could be ruined if they screw up and don&#039;t do what they promised, they honor their promises, iin my experience.  YMMV.  Mutual respect is very important in this business.</description>
		<content:encoded><![CDATA[<p>In my experience, Kary, if you expect the worst from people&#8230;that&#8217;s what you get.  When they know your reputation could be ruined if they screw up and don&#8217;t do what they promised, they honor their promises, iin my experience.  YMMV.  Mutual respect is very important in this business.</p>
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		<title>By: ARDELL</title>
		<link>http://raincityguide.com/2008/09/06/might-lease-purchase-be-this-markets-il-salvatore/#comment-325093</link>
		<dc:creator>ARDELL</dc:creator>
		<pubDate>Sun, 14 Sep 2008 23:27:17 +0000</pubDate>
		<guid isPermaLink="false">http://raincityguide.com/?p=2309#comment-325093</guid>
		<description>Kary said: &quot;I don’t see how any agent is in any position to assess the prospects of that even if the buyer was completely unrepresented and the agent had extensive contact with them.&quot;

Kevin said: &quot; Sometimes our gut instinct about everyone “moving forward in good faith,” is an intangible that can’t be worked out on paper.&quot;

Gut instinct goes a long way in this business, and those of us who are better at it have no law suits in the last 18 years.  Our record says it all.  That&#039;s why we would say &quot;yes do it&quot; in one situation and &quot;no, don&#039;t do it&quot; in another.  There&#039;s no one size fits all in real estate.</description>
		<content:encoded><![CDATA[<p>Kary said: &#8220;I don’t see how any agent is in any position to assess the prospects of that even if the buyer was completely unrepresented and the agent had extensive contact with them.&#8221;</p>
<p>Kevin said: &#8221; Sometimes our gut instinct about everyone “moving forward in good faith,” is an intangible that can’t be worked out on paper.&#8221;</p>
<p>Gut instinct goes a long way in this business, and those of us who are better at it have no law suits in the last 18 years.  Our record says it all.  That&#8217;s why we would say &#8220;yes do it&#8221; in one situation and &#8220;no, don&#8217;t do it&#8221; in another.  There&#8217;s no one size fits all in real estate.</p>
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