Repo Man - Bringing the Bad News
- Thread starter Wags
- Start date
Things are pretty bad when repo foreclosure tours are needed to sale homes.
Video - Breaking News Videos from CNN.com
GOD BLESS US ALL
Video - Breaking News Videos from CNN.com
GOD BLESS US ALL
tryan
Thinks s/he gets paid by the post
- Joined
- Mar 25, 2005
- Messages
- 2,604
I've only worked with one bank who had a policy of leaving someone in the unit after foreclosure. These were the better of the REOs since the heat was on and the pipes were protected. This bank would set the rent low to attract good people ... but they did a lousy job screening (I ended up evicting nearly all of them).
The banks haven't figured out that working with the prior owners - as tenants - can help save the property and give the bank some monthly income. Just because the owners can't afford 4k/month doesn't mean 2k/mo is out of reach. Heck they could ride this thing out for 3-4 years and probably recoop most of thier $$.
Liability seems to trump all.
The banks haven't figured out that working with the prior owners - as tenants - can help save the property and give the bank some monthly income. Just because the owners can't afford 4k/month doesn't mean 2k/mo is out of reach. Heck they could ride this thing out for 3-4 years and probably recoop most of thier $$.
Liability seems to trump all.
calmloki
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
(eating from a can of generic "food")
Do you want that food heated dear? "No Ma, it doesn't get any better than this". Ok, i misremembered it:
Mrs. Maddox: Put it on a plate, son. You'll enjoy it more.
Otto Maddox: Couldn't enjoy it any more, Mom. Mm, mm, mmm.
Miller: A lot o' people don't realize what's really going on. They view life as a bunch o' unconnected incidents 'n things. They don't realize that there's this, like, lattice o' coincidence that lays on top o' everything. Give you an example; show you what I mean: suppose you're thinkin' about a plate o' shrimp. Suddenly someone'll say, like, plate, or shrimp, or plate o' shrimp out of the blue, no explanation. No point in lookin' for one, either. It's all part of a cosmic unconciousness.
Otto: You eat a lot of acid, Miller, back in the hippie days?
Miller: I'll give you another instance: you know how everybody's into weirdness right now?
... Executive production by a fine Monkee!
Perhaps after Blazing Saddles one of the more quotable films made
I have a theory that the expression
"...............NOT!"
comes from Repoman
remember when he's in the store and the punk acquaintance of otto gets shot and he says
Punk: I know a life of crime led me
to this sorry fate.......
And yet, I blame society.
Society made me what I am.
Otto: Bullshit! You're a white
suburban punk, just like me.
Punk: But it still hurts.
Otto: You're gonna be all right.
..........Maybe not.
The word "maybe" in the last line was muffled so all you heard was
you're gonna be all right.............not
it was diabolically funny making funny of the poor sap as he was dying so in my estimation the expression stuck and we all started to use it
it is the first time I had heard it used and I know me and my friends used to use it as nauseum
when I watched the film when it was released on video (how's that for dating myself!) and I heard that he actually said 'maybe not' I was a bit put off
cheers
I have a theory that the expression
"...............NOT!"
comes from Repoman
remember when he's in the store and the punk acquaintance of otto gets shot and he says
Punk: I know a life of crime led me
to this sorry fate.......
And yet, I blame society.
Society made me what I am.
Otto: Bullshit! You're a white
suburban punk, just like me.
Punk: But it still hurts.
Otto: You're gonna be all right.
..........Maybe not.
The word "maybe" in the last line was muffled so all you heard was
you're gonna be all right.............not
it was diabolically funny making funny of the poor sap as he was dying so in my estimation the expression stuck and we all started to use it
it is the first time I had heard it used and I know me and my friends used to use it as nauseum
when I watched the film when it was released on video (how's that for dating myself!) and I heard that he actually said 'maybe not' I was a bit put off
cheers
I talked with one who repo'd airplanes, the story of one in a South American country sounded like a movie. He started a fire at the other end of the airport as a distraction and they were shooting at him as he was taking off.
UncleHoney
Full time employment: Posting here.
Ain't technology great? Repo man is going to be out of a job if this catches on.
Make Your Payment On Time, Or Get Out and Push | Autopia from Wired.com
Make Your Payment On Time, Or Get Out and Push | Autopia from Wired.com
Great article.
The device works great on autos and it helps the person keep up with his vehicle note.
Do you think that the similar device will work on homes that are foreclosed? Will a compassionate repo man (live in the ABC News video)always be needed to perform such a task?
GOD BLESS US ALL
OAG
Thinks s/he gets paid by the post
Neat, miss a payment on the CC/Debit (no balance) the card quits. Miss rent or mortgage payment the water meter locks up. I hope the car thing lets them complete the current trip then shuts down (like next time it goes into park) and not on the interstate where I am traveling.
UncleHoney
Full time employment: Posting here.
I think over time we will probably see a lot of creative uses of technology to limit a lender's exposure to bad debt. With credit cards it would only take a little programming to crimp the spender's style big time by just limiting the amount of purchases if they miss payments, even if they haven't maxed out the card. 
ziggy29
Moderator Emeritus
Yep, times are so bad that the repo man had nothing to do until the media suddenly decided it was time to tell everyone we're in a recession and we're all doomed.
want to see a film like that rent the Dennis Hopper film about his portrayal of Barry Seal, the drug smuggler turned DEA Agent, I think it was called "Double Crossed"
doesn't have very nice things to say about Oliver North though, portrays him as an ambitious officer that put his own career interests ahead of the safety of the DEA agents
jIMOh
Thinks s/he gets paid by the post
There is a movie we watched often in college called Roger and me. In that movie it showed a repo van which I believe was pink. Because we went to school in Flint, MI (where the movie was taped), we would often see that same van around the school evicting people as well.
Good movie.
Good movie.
sorry I can't watch movies made by obese white males that are into self loathing which they turn into racism upon their own kind
