Loan Officer / Realtor Relationship 101 - 02/22/07 09:59 PM
Relationships are the key in just about any business, forming those relationships and making them rock solid is not only professionally rewarding but personally rewarding.  The relationships that I have formed with realtors for the ten years I have been doing this have been such a huge blessing to me and to my family. 
When I bought my first house it was a good friend of mine who I chose as a realtor he had just started in the business but also had a mentor who had been in the business for a long time coaching him through his first sale.  He did an excellent … (0 comments)

Renovation Loan Program - 02/21/07 03:10 PM
I wanted to post on this program again, it has turned out to be a very well received product and a great solution to meet your clients needs for buyers and for sellers who are selling that house that could use some renovation.
Are your buyers looking for that property that needs some work,  even if they have the funds to put into the property  are they facing any kind of a penalty to pull that money out and put into the renovation or remodel? 
Maybe you have a listing and the house is in need of some remodeling but your clients are not in the position to … (0 comments)

Media and the Real Estate Industry - 02/20/07 01:57 PM
One of the great things about Real Estate is that this industry is a strong engine in our economy, its amazing to me though that frequently the media hype can effect our own attitudes on the job.  This can be a killer to a day, erode confidence or just make you wonder, should I decide to get out of this industry all together?
Attitude is everything in this industry and what is important is to look at the facts and intrepret what is really going on instead of seeing the reports in the media and the next sky is falling headline.
I say this somewhat frustratingly because once … (1 comments)

Follow up to a previous Blog about Mortgage Insurance being Deductible - 02/18/07 02:28 PM
I just wanted to clarify this issue since I had posted about this on a previous blog.   Mortgage insurance will be tax deductible for 2007 however there are some important things to note before you count on this.
 The tax deduction applies only to mortgages that are closed in 2007. If you have a loan with mortgage insurance in 2006, you won't be able to deduct the premiums in the 2007 tax year unless you refinance in 2007.
The income limit for the deduction is 100,000 per year over that the amount of deduction decreases, and at 110,000 it is not a deduction … (0 comments)

Taking away the Rush at the end of the month - 02/17/07 01:02 PM
Its amazing to me what happens in the middle of the month, for the last three months, consistently we have seen 5 to 6 contracts come in to us because the entire deal was falling apart at another lender or someone wasn't going to be able to deliver on the promise that was delivered to them at the begininning of the month. 
We avoid those situations by qualifying the customer up front and delivering on what we promise. We have gained a reputation of being on time and doing what we say we are going to, you can see that in … (1 comments)

I am going to be an Uncle, AGAIN YAHOOOOOOOOOOOOOOOOOOO!!!!!!! - 02/10/07 10:07 AM
Sometimes I think you wake up and you expect your day to be like any other, I had a full docket of meetings scheduled, from 8 till 3 and then at 430 met with clients and then worked until about 7 last night to follow through and update some folks that will be spending their weekend looking for houses.
I am the past chairman for the Ozark Chamber of Commerce and attended our Board of Directors planning session to set goals for our chamber that meeting went from 9 till around 3 yesterday and I must say I am excited at the growth of this … (1 comments)

Builders Inventory built up ? - 02/01/07 10:08 PM
This definitely is a time of change in the real estate market as we all make adjustments to what the market does and is doing and with the ebb and flow of business alot of builders across the nation may be sitting on inventory that is taking longer to move than in recent years.
 Time and houses standing empty equal cost and liability to a builder, so making sure their inventory is selling as fast as the homes are being built can be a challenge.  
The loan officer and real estate agent can put their heads together to help the client/builder and strengthen that relationship even … (0 comments)