ARCHIVED BLOG POSTS
2013
Why is a Borrower/Buyer asked so many questions by the Lender? Why does the Mortgage Lender require so much documentation, so much paperwork, and so much proof? "Today's mortgage processing and underwriting is all about producing a fully-documented story. There can be no part of the st...
06/25/2013
Has The Long Awaited Increase In Interest Rates Finally Arrived? If YES, then only one answer makes any sense, Buy Now! If the answer is NO, then wait. The choice and risk belongs to the Buyer, as do the benefits and consequences. So choose wisely, because the wrong decision could prove very...
06/25/2013
"Should I Paint My House Before I Put It on the Market?" If you want to sell, and you want a respectable offer from a buyer, take a long hard look at the paint colors on your walls. Home Stagers and Real Estate Agents will tell you to neutralize your decor before putting your home on ...
06/24/2013
"Enter This Listing and You May Die!" Wow, how is that for putting up an obstacle to showing! The MLS comments indicate that the house is dangerous; it is most likely a tear-down. Entering will be hazardous, perhaps fatal! Would this type of MLS Comment preclude you from Showing the...
06/24/2013
9
Comments
FHA Appraisals are now valid for only 120 days from the date on the Appraisal! FHA will grant a 30 day extension, if the the Closing Date on the Sales Contract is longer than 120 days, but the Loan must be appoved by the Lender prior to the original 120 day expiration date. _______________...
06/18/2013
You are starting a new job. Can your Projected Income for that New Job be used to Qualify you for a Mortgage? The answer is simple - it is YES and NO, with "NO" being the most likely final answer - unless the Lender plans on keeping the loan in their portfolio! Read Mortgage Loan Ori...
06/14/2013
9
Comments
As Realtors, we must be respectful of other Agents who want to show one of our Listings. Putting inaccurate information in the Multiple Listing Service is NOT respectful. Impeding Showings so that we can "get both sides" is not respectful; it is unethical and rude (and probably a violation ...
06/11/2013
4
Comments
Why aren't my Posts getting Reblogged? Check your Settings, folks! If you set your Blogs to "Members Only", or if you Disable / Uncheck the Reblog Option, then you will NOT get Reblogged! Being a Rainmaker is required to post to the Public, and to Reblog. You must pay to play! Al...
06/10/2013
What is YOUR practice? Do you attend Closings? Do you attend Home Inspections? Whether you are the Listing Agent, the Selling Agent, or getting "Both Sides" of the transaction, do you feel that you should "Be There" for the Home Inspection, and ultimately for the Closing? ____________________...
06/02/2013
Multiple Offers! We are hearing that term again in many Real Estate Markets in The United States. Multiple Offers on the first day of a New Listing are not uncommon. Your Offer MUST be competitive. You and your Offer MUST appeal to the Seller. There probably won't be a second chance if your ...
06/01/2013
