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Sell Someone A House Which Then Falls In Value?

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http://www.businessweek.com/ap/financialnews/D91LB27O1.htm

Upset homeowner shoots real estate agent in Mich.

By JAMES PRICHARD

A man upset about a property transaction fatally shot a real estate agent in the head during a meeting Tuesday morning in the victim's office, authorities said.

Troy VanderStelt, 34, was pronounced dead at 12:45 p.m. at Mercy Health Partners Hackley Campus in Muskegon, said Muskegon County Prosecutor Tony Tague.

A suspect was arrested a short time after the shooting at a home in nearby Norton Shores. Tague identified him as Robert Arnold Johnson, 73, of Roosevelt Park.

Johnson was scheduled to be arraigned Wednesday in Muskegon County District Court on charges of first-degree premeditated murder and using a firearm during the commission of a felony, the prosecutor said.

A conviction on the murder count carries a mandatory life prison sentence with no possibility of parole.

Tague said Johnson plotted to kill VanderStelt, took a .22-caliber semiautomatic handgun to the real estate agent's office, got him preoccupied with some paperwork in a conference room, stood next to him, pulled out the gun and shot him once in the temple.

"We believe this was a planned-out execution-style murder of the real estate agent," the prosecutor said.

Tague told WOOD-TV in Grand Rapids that Johnson believed that VanderStelt took advantage of him in a real estate deal. Johnson bought a house through him in 2005, then recently decided to sell it and went to a different real estate agent. The second agent told Johnson that, because of the slumping housing market, the home was not worth what he had paid for it.

This will happen here, but with cricket bats.

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Thats just one of those urges you MUST resist.

The guy is 73, his house (and his life?)has tanked, he gets the guy he thinks shafted him, and if convicted he gets housed and fed for life.

Still not a tactic to be recommended despite its calculated logic

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The guy is 73, his house (and his life?)has tanked, he gets the guy he thinks shafted him, and if convicted he gets housed and fed for life.

Still not a tactic to be recommended despite its calculated logic

Depending on the prison he ends up in, I can see the reasoning. Being old and poor in the US is a seriously nasty business, one of the better jails there mightn't be such a bad alternative to trying to get by on the outside. He's b*ggered if it's like the ones they have in Texas though (definitely metaphorically and, quite possibly, literally).

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Depending on the prison he ends up in, I can see the reasoning. Being old and poor in the US is a seriously nasty business, one of the better jails there mightn't be such a bad alternative to trying to get by on the outside. He's b*ggered if it's like the ones they have in Texas though (definitely metaphorically and, quite possibly, literally).

Urghh - granny ******** sex

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Thats just one of those urges you MUST resist.

the only good news is if 5000 people do it+ then:

1) Not many EA's left.

2) They won't all go to jail because there are not enough spaces.

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The guy is 73, his house (and his life?)has tanked,

Hmm. Aren't we jumping to the conclusion that the guy was leveraged.

Could it just be that he was one of those arrogant types who need to be seen as winners?

I'm beginning to think that nasty people don't get all nice and cuddly when they get old like in the movies.

Getting increasingly worried that the zero equity/brace of BMWs/empty freezer people in the UK are going to start behaving very very badly soon.

Best to stay clear of them I reckon.

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Hmm. Aren't we jumping to the conclusion that the guy was leveraged.

Could it just be that he was one of those arrogant types who need to be seen as winners?

Fair point. After all he presumably owned a gun, which even in the USA might be a pointer towards an aggressive tendency.

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  • 395 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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