“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Ted Komenda

Olympic Top Ten

08-25-08
Ted Komenda

Here is my weekly Top Ten with an Olympic Twist.......

1. Michael Phelps, wow!!! I am amazed at the fact that he will compete in at least one more Olympiad, London 2012, and possibly more than that considering that how long these athletes are competing now. How many golds will he have then? 20+ is not out of the realm of possibilities.

2. Usain Bolt set the second week of the Games on fire. I wonder if after show boating in the 100 Meter final how many of his comrades and coaches spoke to him about the right way to win. Also consider how much more he could have broke the record by if he had run all out to the line. Ii thought overall he was a dynamic addition to this years Olympic moments.

3. What a job by the Mens Volleyball Team. Winning a gold medal is hard enough, but having to fight through the emotions of a head coach's father in-law being stabbed to death during the Olympiad is mind boggling. Maybe they used their emotions to fire themselves up, I don't know. Very impressive performance under less than ideal circumstances.

4. How about the Mens Water Polo Team taking the silver medal. Talk about an upset.

5. Some of the events were new to me and really left me questioning their sporting relevance. I mean syncronized diving, is that for real. I watched though and what really do I know.

6. I enjoyed watching the Chinese run through all of the table tennis events, my god are they good. I can barely see the ball at times and the Chinese don't miss or for that matter, lose.

7. Tremendous job by the ReDeem Team. Shouldn't they win though? I understand basketball is a world wide sport but how many players really come from other countries. Not like baseball where the DR or Japan could definately field great clubs. In basketball other countries might have had one Superstar, not a whole team of them. But a good win...

8. I certainly wasn't impressed with our Boxering Contingent. Boy did they lay an egg with winning only one medal, a bronze.

9. I thought that as a whole the host country of China put on a great event. I certainly don't agree with their stance on human rights issues or how they chose to govern their country, but once the games begin focus must return to the athletes and their accomplishments. Though the games were blackened by the stabbing death of Todd Bachman, I was still impressed with the over handling of them. I was disappointed to find out parts of the opening cerimony were faked and I thought how they handled, poorly, some of the participants was shameful, making a cute kid lipsink another not as good looking child, is horrible. Still and all putting on an event of this magnitude isn't easy, so nice job!

10. London in 2012 might be worth the trip across the pond!

Bank Owned Properties

08-20-08
Ted Komenda

I find it increasingly difficult to digest the facts revolving around bank owned properties. I have done a few deals with bank owned properties in the past and I am quickly finding that the rules are changing. In the past I have been able to negotiate or atleast talk with the listing agent and the bank regarding certain issues. Now I have a buyer who is interested in a B.O.P. but there are some major problems with illegal apartments and other zoning issues. I was surprised by the response I received when I contacted the listing agent. He told me in no uncertain terms that he had been instructed by the bank to not discuss the property with any potential buyers. What they've done is listed it as a single family home and priced it as a multi-use. My client is more than willing to work with the bank so both parties would have a satisfactory conclusion, but they say absolutely not. I understand the bank is trying to get rid of some paper but realistically they are leaving hundreds of thousands on the table without cause. I also understand the agent must follow his instructions from the bank, but to say unequivocally that they will not discuss a property makes me wonder what other disclosure issues if any that he hasn't revealed. I guess I now know why some of these lenders are in serious trouble.