Raleigh/Durham Loan Officer

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Mortgage and Lending - Bank of England (NMLS#418481) - NMLS# 1046286
A Blog about real estate and real estate finance by Bob Mitchell who has been in the business since 1984 and who comes at the business from a different angle.
Last week I was showing property and came across one that was a foreclosure and that was priced to sell!  Even in this market, it was considerably below the market, so we wrote on it.  The bank required a 5 day answering time on the contract, which I didn't like at all.  The reason that I didn't ...
I'll fess up, I have an ulterior motive here.  My goal is to make Home Security of America show up on the first page of a google search.  Why?  Because they are screwing me over and I think that all of the real estate agents here on AR need to know about these guys.That's the reason that I wrote ...
The question is WHO is the government going to bail out!  I've written numerous times on the fact that I think that the government should step in to fix the credit markets directly and save thousands of homeowners from losing their homes.  I'm not going to rehash that position here, if you would ...
Sunday I had an appointment cancel and being as how I just got a new bike (it's being assembled as we speak) my girlfriend Kathy and I decided to explore some of the biking/hiking trails around St. Louis.  Not knowing where to start, I got on the web and found a site that belongs to the Gateway O...
I'm working with a buyer right now who is the daughter of a long time friend of mine.  I've known this lady since she was a little girl and want to do whatever I can to help her out.This desire came into direct conflict over the weekend when we went to look at property.  We came across a property...
I'll fess up, over the years I've always recommended to my buyers that they should ask for a home warranty when negotiating a purchase offer.  I had heard that some of these companies were pretty shady, but the company that I utilized had always done good by my people, so I didn't give it much th...
I just read a post called "10 Ways I Threw Away Money Marketing" by Greg Nino and man, could I ever identify with that guy!  Over the years I've wasted I don't know how much money on various advertising schemes.  That said, I don't know that I've ever lost a cent on "Marketing"What's the differen...
What is a loan servicer's responsibility to a borrower in default due to a sub-prime mortgage adjusting?  Do they have the responsibility to inform the borrower about possible remedies available to them?  Do they even have a responsibility to be civil to them?The reason that I'm asking this quest...
Have you ever went swimming in cold water?  At first you dip your big toe in the water to see how cold it is.  Then you walk in to just below your waist...... Man!  This is cold!.....Finally, you take the plunge!  You throw caution to the wind and fully submerse yourself.  After a couple of minut...
How many people have you done business with in the past that for whatever reason you're not doing business with now?  How many of these people would you consider doing business with again if they were to simply contact you?  The reason that I'm asking this question is that about a week ago I got ...

R. B. "Bob" Mitchell - Loan Officer Raleigh/Durham

Bob Mitchell (NMLS#1046286)
local_phone(919) 876-8400
smartphone(919) 289-9611
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A Blog about real estate and real estate finance by Bob Mitchell who has been in the business since 1984 and who comes at the business from a different angle.