Joseph Romano's (jromano) Blog

YOUR BUSINESS PLAN I'm sure you would agree that productivity is never an accident!  Wouldn't you agree that it's usually the result of a commitment to excellence, through intelligent planning and focused effort?  Here are some of the thoughts to consider as you evaluate your planning objectives....

Wells Fargo announced that it has made a bid to purchase Wachovia Bank for  $15.1 Billion but Citigroup Inc. is saying Wait A Minute, we have a deal with Wachivia! Citigroup Inc. agreed to absorb up to $42 billion in losses on loans on Wachovia Corp.'s books to acquire Wachivia's banking operatio...

Business Success Newsletter: September Monday, 01 September 2008 22:02 Sellstate Access FSBO's And Buyers(Know what works best for you)      It seems that even with the bad news about home foreclosures, rising gas and food prices, and the falling dollar, real estate is on a gradual upturn. Exist...

Take a look at some alternatives to the blank check with no acountability bail out.  House Republican Leader Rep. John Boehner of Ohio is demanding "serious consideration" of an alternative plan where banks and other investors holding frozen mortgage assets would pay the Treasury Department to in...

I was reading an article by Lou Barnes who is a mortgage broker and nationally syndicated columnist based in Boulder, Colo. He can be reached at lbarnes@boulderwest.com for comment on his article in Inman News.  Inman News is a great resource for real estate related articles. In the article he to...

Realtor Safety Week runs from September 14-20, 2008 These are some of the safety tips to consider when in the office, at home and on the road. Meet potential clients for the first time in your office. Let someone know where you are going and who you are meeting with. Check in with your office on ...

The U.S. Census Bureau and U.S. Department of Housing and Urban Development said today that single family housing starts hit a seasonally adjusted annual rate of 630,000 in August, down about 34.9 percent compared to August 2007. Sorry for the bad news folks, but this is the lowest level since Ja...

There is a great web site for real estate information in New Jersey at http://www.realstorynj.com/ The site reports market conditions around the State as well as information for Buyers and Sellers. It also has a NJAR login page for Realtor resources. The US Census Bureau reports that in 2007 medi...

Once you have an accepted offer from the seller, we will need to approach your lender to issue a firm commitment. To issue a firm commitment most lenders require that your sales contract be complete and legally executable, that the home has received an adequate and satisfactory appraisal, and tha...

Depending on whom you ask, you may get different answers to the question of pre-approval versus pre-qualification. Truly definitions vary from lender to lender. In reality, most lenders offer three forms of financing commitment: 1. Pre-qualification2. Pre-approval3. Final commitment Deciding on w...