Spam prevention
Virginia Edlefsen
Farlow Realty - Ogden, UT
Real Estate Agent

As a student, one thing I have noticed is that when someone posts a question on this forum, most answers from licensed agents tell the person to "go look it up, or ask your teacher!"  That is really helpful coming from so-called 'professionals.' NOT!  Perhaps it will surprise you to learn all of these questions ARE addressed in the course materials; the course then requires the student to post this question to this blog site.  So, the process is a diabolical scam because how can anyone get further insight unless the professionals give real answers instead of the equivalent of "go take a hike!"  Thus, I have concluded that either the only professionals who post here are unprofessional wise guys or unaware of the negative impression they give to those aspiring to enter the industry.  

Perhaps if you read the posts from your colleagues you may gain a new perspective on what an outsider observes!

An aspiring student

Mar 29, 2019 03:56 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

This is similar to what I ask my real estate students to answer in class. We share as a class and everyone learns from one another.

Feb 10, 2017 09:53 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

a great question to ask your licensing instructor.... do you always need to find your own answers.... what's his job!!

Feb 10, 2017 11:14 AM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I start a 30 Hour Essentials of Real Estate Financing class Tuesday morning in Malvern , PA . You're welcome to sign up  610- 560 - 4800

Feb 10, 2017 01:27 PM
Toronto, ON

Each loan has different terms and conditions so reference to the contract should be made as well as discussions with the lender.

Feb 10, 2017 12:00 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

This is the stuff of an entire post.... here's my suggestion.... do the research and write a post about it and we will all read and comment on it. Or read a text book and get your answer.

Feb 11, 2017 04:34 AM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Make 360 payments on time.


Sell the property.

Feb 10, 2017 07:24 PM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

If you don't know this I sure hope you are not working with real estate clients. Take a quality mortgage banker to lunch, daily.

Feb 10, 2017 01:40 PM
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Haha Barbara Todaro raises a good point === this is way too much info to provide in this forum - there is shorter terms, extra principal, bi-weekly, interest-only, longer terms, NegAm, and more....explaining the amortization for all of them could fill a short book.

Feb 10, 2017 11:38 AM
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

Each loan has different terms and conditions so describing each one and how they can be paid off would be a VERY long blog let alone an answer lol

Feb 06, 2018 06:47 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

thats a big question Abby.


Apr 08, 2017 10:27 PM
Harry F. D'Elia III
Avant Garde Residential Management Services - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

talk to your mortgage professional

Feb 12, 2017 09:10 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

This is a good question to ask a lender or mortgage broker.

Feb 12, 2017 06:07 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Make your payments and make them on time or lose the property. 

Feb 11, 2017 09:29 PM
Ryan Huggins - Thousand Oaks, CA - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Check, cash, cashiers check, wire transfer.

Feb 11, 2017 11:03 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Make timely payments as per the document. Want to pay it faster, add money to the monthly payment to reduce principal!

Feb 11, 2017 06:56 AM
Roy Kelley
Retired - Gaithersburg, MD

Follow the terms of the agreement.

Feb 11, 2017 06:35 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Barbara Todaro nailed this one!

Feb 11, 2017 02:30 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I'm with Marc Swartz, CPA, CA, Real Estate Broker  on this one.

Feb 10, 2017 05:13 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

No thank you!

Feb 10, 2017 04:01 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I would Google that - there are many different options.  And, I too, agree with Barbara Todaro - why doesn't your insructor teach you these things?

Feb 10, 2017 02:32 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Talk to a lender

Feb 10, 2017 01:53 PM