Gurus, Experts, Social Media Mega-SuperCalifraglistic Stars, Rock Stars, Technology Evangelists - Part 2 of 2 - 02/16/11 07:18 PM
Gurus, Experts, Social Media Mega-SuperCalifraglistic Stars, Rock Stars, Technology Evangelists
Please read Part 1 or this post won't make much sense.
This is part tongue-in-cheek, part parody, part truth, part funny (I hope) and part (again...I hope) a nod of yea, I hear ya, I feel your pain...
So...if there are some vendors out there reading this, please keep the above in mind. This is not, I repeat, not a rant against vendors, in fact, this isn't a rant at all, it's no different than Jon Stewart poking fun at serious issues -- albeit he has immense talent to do … (6 comments)

Gurus, Experts, Social Media Mega-SuperCalifraglistic Stars, Rock Stars, Technology Evangelists Part - 1 of 2 - 02/16/11 07:11 PM
Gurus, Experts, Social Media Mega-SuperCalifraglistic Stars, Rock Stars, Technology Evangelists
This is part tongue-in-cheek, part parody, part truth, part funny (I hope) and part (again...I hope) a nod of yea, I hear ya, I feel your pain...
So...if there are some vendors out there reading this, please keep the above in mind.  This is not, I repeat, not a rant against vendors, in fact, this isn't a rant at all, it's no different than Jon Stewart poking fun at serious issues -- albeit he has immense talent to do it, and I have none -- so I'm not comparing this post … (3 comments)

Cleveland Home Buyer Education Series: Future Resale Implications - 02/11/11 07:37 PM
Cleveland Home Buyer Education Series: Future Resale Implications Resale Implications?  Say what? Sounds onerous, sounds negative, sounds weird, sounds vague…I'm still looking for a home to buy, not sell someday...gimme a break.
I think that’s what I would think if I were to hear those two words for the first time.But, those two words can have a serious, future financial impact on you when it comes time to sell a home you are considering buying.
How so?  While there is no easy, cookie-cutter answer to this question, some things will be easy to understand intuitively, and others take an astute buyer’s … (7 comments)

Cleveland Home Buyer Education Series: Documents Needed for Loan Pre-Approval - 02/11/11 04:22 PM
Cleveland Home Buyer Education Series: Documents Needed for Loan Pre-Approval I often get asked by Greater Cleveland Home Buyers:What do I need to do to get pre-approved for a loan?
In order for a buyer to write a purchase offer to buyer a home, virtually all sellers will require to know the buyer has the financial capacity to purchase their home.  The proof that the buyer has the financial capacity lies in buyer obtaining a verified pre-approval letter.Buyers often ask me what documents do they need to submit to a Mortgage Loan Officer (who can work for a bank, savings … (2 comments)

Cleveland Home Buyer and Seller Education Series: Closing Cost Assistance - 02/11/11 12:13 PM
Cleveland Home Buyer and Seller Education Series: Closing Cost Assistance I often get asked by Greater Cleveland Home Buyers:Can the seller pay for my closing costs?
I often get asked by Greater Cleveland Home Sellers:Why is the buyer asking me to pay for their closing costs?
 

When a buyer is purchasing a home, a buyer will incur costs that are required to be paid at closing. Closing costs such as lenders fees, title fees, escrow fees, and homeowner’s insurance can add up to 3-8K on average, depending on the particulars of a given transaction.The answer is either the buyer, … (0 comments)

Cleveland Home Buyer and Seller Education Series: Creating Good Will - 02/11/11 10:53 AM
Cleveland Home Buyer and Seller Education Series: Creating Good Will I often get asked by both Greater Cleveland Home Buyer and Home Sellers:
How do I make this transaction successful?  

Ignoring good will or even purposely and unilaterally adhering to WIIFM (what's in it for me) to the detriment of good will can cause a transaction to fall apart, and the financial consequences can be severe sometimes, but almost always, emotionally gut wrenching at a minimum. Ignore good will at your own peril. Creating good will in a transaction is very important yet I find it gets little … (0 comments)

The more things change...the more they remain the same - 02/01/11 12:12 AM
I just received a letter in today's mail from Fannie Mae -- you know...that Government Sponsored Enterprise (GSE), public, shareholder owned company with a PUBLIC MISSION. I used to live just outside of Washington, D.C. and took a bus down Wisconsin Avenue in Washington, D.C. everyday and used to pass by their corporate headquarters building and was wowed by their impressive set of brick buildings, and they had a reputation of invincibility back in the early 90s.
As you will see in an excerpt from this letter, Fannie Mae specifically states:
 
The transfer of ownership of your mortgage loan to … (8 comments)