Tom Susemihl's (susemihl) Blog

Hello everybody, Maybe it's just moving into spring, perhaps the new optimism that seems to be growing. Regardless, activity seems to be blooming as trees and forsythia bloom. Interest rates have been steadily improving and the home prices are attracting first time home buyers. Does anyone use th...

You have to be an optomist in Jan. of a new year. We all start out with great ideas and hopes, determined to make it the best year ever. The real estate business should spring back due to home pricing and mortgage rates. Those of us prepared to succeed will hopefully ride the wave to our greatest...

Hello everyone, This weekend and next week will be very busy as we all hustle to keep the business pot stirred and pay proper attention to family and the season. Have a great Christmas, travel safely and love your family. THe business will still be here when we all get back.

DPA was discontinued for seller funded programs, however there are still approved local programs available usually in the form of low interest loans. There are income limitations so buyers should call to discuss these loans and the buyer must qualify with the increased DTI.  One advantage current...

While rates have been crazy recently, they have been on a downward trend. With 620+ credit 5.5% is not unusual ad better depending on other factors. With the new guideling of 3.5% down it will be more difficult for some but we do have down payment assistance and the Fed has the $7,500 tax credit ...

I started in the mortgage business after realizing my 17 year insurance jobs was being eliminated. I thought I had another year but was surprised in Jan 07 with a layoff. My wife and I started our own mortgage company in Feb 07 just in time for the industry  to start down the dusty trail to its c...