realtor advice: Realtors, You should be scared right now! - 06/09/07 07:11 AM
Why did I start off with this statement? The recent destruction in the Mortgage Backed Securities market has driven interest rates up significantly recently.
That means one thing. Your buyers cannot qualify for as much of a mortgage as they used to!!!
That's right, if your buyer has not locked a loan … (7 comments)
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realtor advice: Are You Trying to Pay Off Your Mortgage Faster? If so, Read This...(Part 1) - 05/09/07 09:30 AM
Most Americans dream of owning their own home, and owning their home free and clear of a mortgage. While that may be a noble goal, they go about it the wrong way. To assist in emphasizing this fact, we will take a look at a couple who are trying to decide … (5 comments)
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realtor advice: Watch Out for Falling... - 05/08/07 01:28 AM
I was doing some research today and looking into the future of the mortgage market. It never seems to fail that technical indicators portray a good glimpse of the future, and with that in mind, I am off to predict the future of interest rates.
Many of you may know that I … (30 comments)
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realtor advice: Unique Opportunites Abound - You Just Need to Open Your Eyes - 05/03/07 09:02 AM
Well, most of you know that I returned to flying and I decided to continue my mortgage business. What you may not know is the opportunities it presents to grow my business. Hopefully, you will be able to see some opportunities to grow your business after reading this post.
Building relationships are … (1 comments)
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realtor advice: Are America's Housing ATMs All Tapped Out? - 04/30/07 02:44 PM
Today saw the release of the US Savings rate, which improved from the last reports. It is still in negative territory at -.8%, but is up from -1.2%.
I know, many of you probably don't follow this number, and some may not even know what it means. Basically, its interpretation is that … (3 comments)
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realtor advice: Americans Just Can't Stop Spending - 02/01/07 12:39 PM
This morning, an inflationary telling report came out called the Core Personal Consumption Expenditure (PCE) Index. This report is one of the large contributors to determing the Fed Funds Rate movement and it came in at 2.2%, just higher that the 2% the Feds like. Nothing to worry about by itself … (27 comments)
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realtor advice: Even the Wealthy Need Financial and Real Estate Education! - 01/24/07 12:07 PM
I was reviewing an article in the Wall Street Journal and how it highlighted the fact that even the wealthy are heading back to school to learn about how to manage their money. The article highlighted several courses at various colleges and some companies that offer specialized courses. The biggest question … (2 comments)
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realtor advice: Knowing When to Place Limits on Your Business - 01/20/07 11:13 PM
The New Year came in full force for me this year and I am faced with a dilema I am sure most of you would like to have. The problem is that I allowed myself to bite off more than I could chew. Actually all this happened last month which is … (10 comments)
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realtor advice: Turbulence - How to avoid it - 12/13/06 09:51 PM
I was just reading and commenting on Karl Christen's post Good offense is always a better defense. As I was formulating my comment, it dawned on me to make this post about what I have learned to avoid turbulence while flying and how it applies to the turbulence he mentions regarding … (4 comments)
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realtor advice: How to Receive Your Retirement Money Now, Penalty Free! - 11/27/06 09:04 PM
Now that I am back from my AR rehab experience (which I will blog about later), I decided to start with a post about a little known concept regarding retirement accounts. The information below is for reference, education and added thought only. Seek appropriately qualified individuals for guidance specific to your … (4 comments)
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realtor advice: Interest Rates and Their Effect on Potential Homebuyers - 11/12/06 09:28 PM
When reviewing a survey that was conducted about a year ago, it reminded me of what really drives potential homebuyers to make that home purchase. In light of the fact interest rates may start rising again, what effect would that have on the real estate market during a recovery, or any … (9 comments)
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realtor advice: The Taxes are Coming...The Taxes are Coming... - 11/08/06 10:15 AM
OK, the polls are closed (and the recounts pending), but the Democrats have taken over the House and the Senate is still up for grabs. Leaving the issues other than taxes on the table, let's look at the drawbacks to this.
Historically speaking, this means higher taxes to come. The Democrats don't … (4 comments)
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realtor advice: Interest Rates - How Does it Affect Our Net Worth? - 11/07/06 09:12 AM
While reading a great post by Jeff Belonger titled The Myths about ZERO point mortgages instead of paying points upfront...... and it got me thinking, as he usually does. His post was great and showed clearly how if we go back to basic math, we can come up with good answers to … (16 comments)
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realtor advice: Today's Choices = Tomorrow's Results (Oh the Irony from History) - 11/07/06 06:21 AM
It has been said many a time that the choices we make today will determine our tomorrow. That is a very true statement and applies to what we do here in th Active Rain community as well.
Why did I decide to blog on a topic well known already? It is because … (8 comments)
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realtor advice: Telenovela Mortgage Advice - Facts - 10/30/06 08:01 AM
As promised, I watched the show (most of it anyways.) OK, a few things I will point out about my bias, then we will deal with the facts, then my conclusion (opinionated review).
My bias is that I do not like soap operas in general, and dislike telenovelas even more as … (16 comments)
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realtor advice: Who Am I? - 10/09/06 09:32 PM
Some of you may have heard this before, but I liked it so much and believe we all can gain from keeping this in the forefront of our minds.
I am your constant companion. I am your greatest helper or heaviest burden. I will push you onward or drag you down to … (9 comments)
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