Doug Jones's (dougj) Blog

Follow me
By
Mortgage and Lending - Mortgage Magic

ARCHIVED BLOG POSTS

2017 

16 Comments
Have you ever not known what to charge or if you should adjust your pricing? Once my CPA told me he could double his fees and still make the same money - assuming he would lose half his client base. In my life every time I have cut fees or reduced price it seems I set myself up for a bad transact...
12/29/2017

0 Comments
That headline Earthquakes don't Count is not an original quote from me. I heard this years ago on a sales training CD. The speaker told a story about a nationwide sales contest and the office in the lead suffered an earthquake near year end and they fell from being in the lead to out of contentio...
12/28/2017

0 Comments
As a mortgage lender I use math all the time for debt ratios, down payment percentage, daily interest, tax computations, insurance cost, PMI, APR, rent vs own, Future Value, Bi-weekly payments, tax deductions, and amortization schedules. I am using math when I analyze taxes, pay stubs, and financ...
12/21/2017

0 Comments
San Jose is showing no relief from residential home pricing. This, from the National Association of Realtors is interesting.About 23 percent of all loan purchase originations for single-family homes in the third quarter involved co-borrowers, considered to be multiple unmarried borrowers listed o...
12/15/2017

0 Comments
When the financial melt down happened it seemed impossible to talk to a customer service person at any bank about  mortgage related questions. From my experience during that time, no one had experience, no one could understand what was being asked (what the issue was) and no one had authority to ...
12/13/2017

2 Comments
Every person in sales has heard the adage “Work Smarter not Harder.”I think that phrase has been the downfall of many sales people. Every endeavor that is worth pursuing requires hard work. In every sales endeavor you are going to come up against competition. You may never see your competitor but...
12/11/2017

4 Comments
Here is the first email our agent received from the "title Company"Hi,I don't have the final figure yet, can He wire $60,000 and we will cut him a check if there is need for us to balance him at closing, but it it's more than that, he will cut us a check at closing. I don't want to delay the clos...
12/11/2017

3 Comments
The bank sent a loan update statement saying that my customers new rate will be 10.875. The customer called me and I pulled a copy of the deed of trust and the promissory note and determined that this was an error; the loan is an adjustable rate loan and the new rate at the change date should be ...
12/11/2017

1 Comments
I did it on purpose or better I did it with intention but am not sure what the heck the purpose is.I am a magician and a mortgage lender and a Realtor. For all these years I never mentioned to my real estate and loan clients that I am a magician. And I never mentioned to my magic contacts (those ...
12/04/2017
Back to Top Recent