Comments on: Virgin On The Ridiculous

By: First Home Buyer

First Home Buyer — Tue, 17 Jun 2008 18:19:32 +0000

With all that money he has, it is difficult to understand why he would want to enter this market. It simply can’t be that big of a market??? Maybe he sees this as a wave of the future because banks will tighten so much that people will have to borrow from some other source.

By: Virgin Money Between Relatives | agentgenius.com- national real estate opinion column

Tue, 17 Jun 2008 17:25:15 +0000

[...] For example, I would strongly advise Aunt Sarah to request a verification of employment the day of closing? Also, she should make sure that any appraisal is conducted by an appraiser in good standing (and not buddies with your borrower). Finally, I would also make sure that Suzie’s son Johnny forward three months of banks statements to ensure that he has enough cash to sustain him through three moths of financial difficulty. And all of these details are really only from the underwriting perspective without even considering the realty perspective. [...]

By: Charles

Charles — Mon, 16 Jun 2008 20:25:41 +0000

That is a puzzler for sure. But then again, Richard isn’t known for being conventional by any stretch. Perhaps he is just more far seeing than the rest of us? Maybe it will be the next big thing or its some kind of pet project for him. It’s not like he needs the money.