Intro: Wheres the Bottom?

Triage is a 3 phase series of financial manipulation of the local economy. I am not an economist. Just have an idea.

Phase one:
Phase one is simple, finish the half finished homes that are stuck on the market. Price everything new that is built inventory all at once. Sure, this may screw the comps for a bit. But for how long? Supply here is different than elsewhere. Take it to 4 months. Vultures with money, meet builder that is sick. Builder that is sick....Vulture. Vulture, show him money, Builder, take what you can get. Gives new meaning to BIRD in the hand. Vulture with money, meet sick bank.
Bank, embrace Vulture with money. Bank, take the cash you are offered, you need it more than real estate. Vulture, flash the cash. BIRD in hand again. Builder still healthy and willing to gamble, meet Vulture with cash and half finished house. Vulture, use your cash to hire builder still wanting to gamble. Builder still wanting to gamble, get your subs still wanting to work.
Subs, sharpen your pencil, this is healing 101 and giving back is your survival. Suppliers, meet new business sphere, forget the golf. If you have enough money to take everyone golfing, you are charging too much money, sharpen pencil. Builder and sub and supplier, Vulture is now gambling and taking risks, you best keep pencils sharp. Spend your time managing your jobs for a change and you can survive. Vulture, meet Realtor, Realtor, wake up, your fees are too high.
Realtor, Vulture knows price sells houses right now, your skills for filling orders are needed, at a good rate. Buyer, meet Vulture, Builder, Subs, Supplier, and Realtor. They have priced a home at the proper price, according to the current market conditions. It took all of them to do it. An industry orchestrated movement to drive inventory to 4 mos. Do not offer them less, the home is properly motivated and priced I told you. There is a small amount of time and inventory that you can choose from, don't blink. If we all work to drive inventory to 4 mos, I said 4 mos, we self induce equilibrium. With equilibrium we gain control of supply, which will increase demand on what is left. At 4 mos we can match the amount of credit being let out slowly. Title people, meet Vultures and buyers. Do some business. Mortgage people, meet buyers and match us your best tools. Treat your customers to a price sensitive selling machine. Properly priced real estate industry professionals, motivated sellers and the public...meet www.wheresthebottom.com.
The only place that will be marketed as truly motivated properties for truly motivated buyers.
Soft open 9-1-08 for industry people to pollinate and use.
Public launch for marketing blitz, 9-15.

Phase two:
We will need the Vultures and their cash. The sick banks to take it. The sick builders and developers to eat shit and loose all that equity they have been holding out for. The builders that made it to buy the lots cheap. And the 4 banks that make it to start lending money based on an attainable takedown and absorption schedule. Yes, there will be fees, cash to close, and some different guidelines. The appraisers will be most confused during this phase. Comps will be all over the board. Create pricing that is cheap, blow out specials, and properly market.
www.wheresthebottom.com uses it to liquidate the backlog of finished lots.

Phase three:
Same vultures, developers, builders all needed. Approved, entitled, permitted or half started land. REMEMBER, ENTITLEMENTS EXPIRE. Check www.wheresthebottom.com under land when it launches, there will be good deals. HBA, Lawyers, Planners, City or Jurisdictions need to mandate some extensions. What a waste, tens of millions in wasted efforts will expire only to go away if we don't get it extended. Too many fees paid to get this land this far.
And jurisdictions, all fee based, have not been getting permit fees lately. They too are sick and will not be palatable to NOT charging. They have helped us overprice our homes.
They are hooked on the fees and have driven permitting through the roof. WE will also need politicians for this part of the game.