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Serious Plot Error

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    fgadmin
    wrote last edited by
    #3

    marx686 — 9 years ago(July 04, 2016 10:31 AM)

    Yes, I work in real estate. Even in Florida, a bank or lender must obtain a writ or order to evict, which is served by law enforcement. At no time do real estate agents become involved.
    If the lender forecloses on your property, your local RE agent wont be pounding on your door, but the sheriff's dept will.
    Of course, its only a movie, and a crooked RE agent could be there to scoop up foreclosed properties. Lots of crooked things happened during the RE crash.
    I would still recommend 99 Homes as pure entertainment.

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      MarwoodWalks — 9 years ago(July 05, 2016 01:48 AM)

      Yes, I work in real estate. Even in Florida, a bank or lender must obtain a writ or order to evict, which is served by law enforcement. At no time do real estate agents become involved.
      Fair enough, I have no real world knowledge of such proceedings in USA, so will take your word for it.
      Lots of crooked things happened during the RE crash.
      I guess his involvement must simply be unique / make believe, due to his scams like the keys for cash where he gives them a low figure and pockets the difference from the government.
      I would still recommend 99 Homes as pure entertainment.
      Yes, I agree. Shannon is always good to watch, but I imagine he is a bit intense in real lifeseen some interviews with him and he doesn't come off as a barrel of laughs!
      "dont you hear that horrible screaming all around you? That screaming men call silence."

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        miknos — 9 years ago(July 17, 2016 03:29 AM)

        Entertaining movie but the plot error is showing the lenders as victims. They took a loan they couldn't afford. That's it. It doesn't matter how sad the family's story is portrayed.
        Using some loopholes I understand but adding a forged document was too much. I wonder how many times something like that happened.

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          #6

          marx686 — 9 years ago(October 19, 2016 11:23 AM)

          True! And some of the foreclosures made no sense, like the old man with a reverse mortgage being forced out. With a reverse mortgage, the lenders pay YOU every month!

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            #7

            marx686 — 9 years ago(October 19, 2016 11:30 AM)

            During the RE crash in the US, thousands of documents were "robosigned" by computers for unscrupulous lenders. It did happen, just not the way it was portrayed in the film.

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              wifey626 — 9 years ago(October 19, 2016 02:09 AM)

              i took it to mean that the realtor was there as a representative of the bank. hence, they're deals with sante fe/vesci in order to do this. so yes, he should be there otherwise the police really have no right to be enforcing evictions without the new owner there, (police don't get involved with civil matters). so because the old owner and a representative was there for the new owner, then the it becomes a dispute and the police can get involved.

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                wrote last edited by
                #9

                marx686 — 9 years ago(October 19, 2016 11:20 AM)

                In the US, the police serve eviction notices for foreclosures with a court order for a lender or even a landlord. Realtors have no authority to do anything. Except sell homes.

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                  #10

                  marx686 — 9 years ago(October 19, 2016 11:24 AM)

                  Not trying to be rude, Wifey, I keep forgetting many people on this board are very young, or live outside the USA. 🙂

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                    wifey626 — 9 years ago(October 19, 2016 10:00 PM)

                    i live in the us and work with police officers in our police dept for 10 years and our officers have NEVER served an eviction notice nor showed up to one. our city has a city marshall that handles all evictions. we have never worked with him, but i don't know how other cities and states handle that. i've also known a realtor to act as representatives for a bank in which she was selling a house for them.

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                      #12

                      marx686 — 9 years ago(October 20, 2016 11:23 AM)

                      Interesting! The sheriff's dept serves foreclosure and eviction notices here in rural California. RE agents only have the license to sell property.
                      Different rules for differnt states!

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                        #13

                        wifey626 — 9 years ago(October 20, 2016 09:40 PM)

                        a'int that the truth 🙂

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