Quotes of the Day

The most common reason why properties are sold at way below their true value is, unfortunately, divorce. Not getting an appraisal is also a surprisingly frequent reason why properties are sold at way below the market value. Sometimes the owners are simply too stingy to engage the services of a appraiser. Very commonly a property may be sold by people who have no vested interest in getting the true market value for it. This is often the case with foreclosure situations, where the bank is mainly interested in getting its mortgage back, but also occurs when people are asked to look after someone else's affairs. [2001] - Dolf de Roos

At the heart of creating intimacy is self-disclosure. Basically, self-disclosure is revealing intimate information about yourself--your experiences, your ideas, your hopes, dreams, and feelings. In short: your stories. It's not a one-way street, though. The goal is that your partner offers the same kind of information about him- or herself. Sharing experiences is probably the least threatening form of self-disclosure. Sharing ideas involves more risk. Sharing feelings is the highest-risk kind of disclosure. Stay well away from discussing your previous dating and sexual entanglements, at least until you are fully committed to each other. And even then, trend lightly. A discussion of your romantic past can quickly slide into comparison, competition, and insecurity. [2004] - Nicholas Boothman

Male Manners: (1) After parking in the restaurant parking lot, swiftly leap around to her side of the car, open tbe door, and extend your hand to help her out. (2) As you cross the street, offer her your arm. (3) As you enter the restaurant, you, of course, hold the door for her. (4) As you head for your table, pull her chair out before seating yourself. (5) When it comes time to order, you should ask her what she would like for dinner and then give both your orders to the waiter, say "the lady will have...". [2006] - Leil Lowndes

I risk no more than 3% of my account size in any one trade. New traders might want to risk no more than 1.5% to 2% of the account size in any one trade. Sometimes, even with good trading strategies, you might suffer three or four consecutive losses. [2008] - Yeo Keong Hee

In nearly every instance, you can say one thing for certain about an REO: The lender wants to sell the property as quickly as possible. Buying an REO directly from a lender typically presents no more risk than buying directly from any other property owner. Normally, you can buy an REO much more safely than you could have bought the same property at its foreclosure sale. You might even be able to buy at a lower than market value price. You can find REOs in three different ways: follow up after a foreclosure sale; cold call lender REO personnel; locate Realtors who typically get REO listings. Rather than ask for a complete list of REOs, narrow your focus. Tell lenders what you're specifically looking for in terms of location, size, price range, floor plan, condition, or other features. In that way, a lender can answer your request without disclosing the full number of REOs within its inventory. [2003] - Gary W. Eldred