Mortgage and Real Estate Blog
This was a very eventful week in Washington. A 2,300 page bill passed both the senate and the house of representatives and is in line to be signed by the President in the near future. You may have also the reference to this bill as "Finreg", "HR 4213" or the "Dodd-Frank Bill". First and foremost I'd be lying if I said that I have read all 2,300 pages but what I have read are the parts that concern the home owner, home buyer, the mortgage business and the general effects . The … [Read more...]
Ethics is defined as “a system of moral principles.” It is perhaps one of the most important qualities of any professional to have strong ethics, as one cannot succeed without them. The field of real estate is no exception to this rule; in fact, the real estate practitioner is bound by a code of ethics. But are these ethical codes really enforced? The real estate ethics dilemma is frustrating. Although every profession has issues with unethical associates, in real estate the … [Read more...]
Have a mortgage on a residential property? If so, then you really need to look at refinancing. At no time in the last 30 years have interest rates on a 30 year fixed mortgage been this low. Interest rates have moved so low and so fast lately, that even if you refinanced or bought a home as recently as 3 months ago, you may see a financial benefit in refinancing. Why are rates so low? Unlike in recent mortgage history, these low rates seem to be staying around. Why? … [Read more...]
Can I say what everyone else is thinking? Why did it take so long to extend the deadline for the homebuyer tax credit? As a mortgage originator, I've seen the emotional pain that our current government leaders put people through for no reason by not acting sooner. It was a simple piece of legislation that could have been voted on weeks ago...It's about time! Now with that said, the House and Senate have finally passed the Homebuyer Assistance and Improvement Act H.R. … [Read more...]
Okay so I've blogged about the 203k loan before, these blogs have included posts providing an overview of 203k loans (see "A Spot Light On The 203-k Rehab Loan") and what the consumer can expect as they go through the process (see "Explaining the 203-k Process"). Well that's great you say....you feel educated, but now let me give you some examples of real life closings and show you the true power of this loan: Borrower 1: (Purchase - City of Chicago) This borrower purchased … [Read more...]
How is your lifestyle these days? Looking for a fresh new look for your website? With the Lifestyle Theme for your Word Press site designed with you in mind, you have your choice of colors and layouts … [Read More...]
Are you showing pictures of property for sale on your site that seem to just lay there? Does your site have the look and feel of just about every other real estate site on the market? Have you dreamed … [Read More...]
Apple iPad 2 Smart Cover/Case Compatible and Stand Rotating 360 Light Blue Leather Swivel 
Apple iPad 2 Smart Cover/Case Compatible and Stand Rotating 360 Light Black Leather Swivel 
Apple iPad 2 Case Compatible Pink Cartoon Smart Cover Graffiti Magnetic with Stand – *CUTE* 
If you have not attended Agent Reboot, the one-day conference sponsored by Inman News, I highly suggest you do so next time it comes to your neck of the woods. I attended a few weeks ago in Orange … [More]
It's been almost two years since the Obama administration launched the Home Affordable Mortgage Program, a program with great intentions and a lot of funds behind it. But the statistics show that the … [More]
Ethics is defined as “a system of moral principles.” It is perhaps one of the most important qualities of any professional to have strong ethics, as one cannot succeed without them. The field of … [More]
In my last post I discussed real estate and ethics and how adherence to ethical standards can be supported through agent training. Training as a first step is a very important way to prevent ethical … [More]
In today’s real estate market you may have heard a lot about the FHA 203k rehabilitation mortgage. It is a popular marketing tool. Most importantly, the 203k loan is perfect for the types of homes … [More]
