fha: What Me Worry!?!?! - 10/08/08 09:29 AM
I will admit yesterday was not a good day for me. I was mad, upset, and generally not in a good mood. I was thinking and spending too much time doing so thinking about the economy and the likeliness of me staying in the business. I love Real Estate and Mortgagea, … (3 comments)
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fha: Bus Service from Valpo to Chicago - 09/26/08 10:30 AM
I was excite to hear this on the news this morning on WIMS am 1420. A new bus service linking, one of the best cities in Northwest Indiana, Valparaiso to Downtown Chicago. This will be a great service to the whole community and it shows what can happen when people work … (1 comments)
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fha: Super Buffet to the Rescue - 09/24/08 09:59 AM
No, I am not talking about The Old Cholesterol Buffet or the King Buffet that seems to spring up everywhere, but Warren Buffet, the mogul of Kansas or whatever he is called in his hometown.
Well, he has given a shot of confidence to Wall Street by investing $5 billion in … (5 comments)
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fha: Slip, Slide and Away - 09/23/08 01:35 PM
Are you ready for some mucho ice carnage this year.
On Yahoo! today much of Northwest Indiana was mentioned today as we are in for an salt shortage. I am sure we will have plenty for the margaritas (oh thank God), but we will have to contend with the dreaded salt/sand … (5 comments)
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fha: Bounce, we like a good bounce - 09/23/08 09:18 AM
Hey, everyone, I just wanted to share a Mad Mortgage Machine Minute with everyone.
We have a nice bounce off of the 25-day moving average. We are 44bps at this point in the day. Oil is down under $108/barrel and stocks look to open higher. Here watch this quick video from … (1 comments)
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fha: Hey, I Tried - 09/22/08 09:00 PM
Saturday, while I was out running a few errands. I came across a Realtors sign that had a call capture # on it. I called it to see who or what it might say. And, I got a "that extension does not exist" recording.
So, today, I drove by the same … (23 comments)
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fha: Now this has to stop... - 09/10/08 08:26 AM
Do you know that this housing disaster(as some people are calling it) is hurting some of our most prized processions. No, not the Declaration of Independence, the Bill of Rights(that gets trampled everyday) or even the home of our first President. No, the people being hurt by this housing crisis are … (1 comments)
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fha: Michiana Networking - 09/02/08 09:24 AM
There is a new group starting up in Michigan City that will cover LaPorte County and parts of Porter County it is call Michiana Networking. It is similar to other groups without all of the tight restrictions. There are still only one person from each profession, but attendance is only required … (0 comments)
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fha: Risk, Chances, go bravely - 08/20/08 09:33 AM
"Take risks. Take chances. Don't be afraid. You gotta go into life brave." Billy Joel (1949 – ) Singer, pianist and songwriter
You're nothing but a bigshot - I love that song. Are you taking risks right now. I know for many of us just staying in the business is a … (3 comments)
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fha: Housing Starts at its lowest - 08/19/08 08:31 AM
"I like thinking big...if you're going to be thinking anyway, you might as well think big." Donald Trump (1946 – ) Real estate developer
i am not a doom and gloom kind of guy, and I am not going to start here. So, allow me a little liberty here. One of … (3 comments)
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fha: This week on the Mad Mortgage Machine Radio Show - 08/08/08 09:02 AM
Well, this week, I am all over the board. I hit it all. I talk about the new law of the land HR3221, or as I call it the down payment killer and it's supposed "tax credit" but is basically an interest free loan.
I hit on ID theft again and … (1 comments)
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fha: Who do you know? - 08/02/08 05:25 PM
I was just reading a pretty interesting article in the Washington Post. Well, on Washingpost.com about the "6 degrees of separation". I am sure we all have heard about the game "6 degrees of Kevin Bacon". Where you name an actor and come up the shortest way back to Kevin Bacon.
… (3 comments)
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fha: Bravo - Finally - Now, lets hope it passes - 08/02/08 09:05 AM
It seems that someone in Congress understands what down payment assistance means to the housing industry.The FHA Seller-Financed Downpayment Reform and Risk-Based Pricing Authorization Act of 2008 (H.R. 6694)
If this bill is not passed it will take nearly 300,000 potential home buyers out of the market. Let me wite … (6 comments)
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fha: Tune in tomorrow - WIMS-am 1420 - The Mad Mortgage Machine Radio Show - 08/02/08 06:55 AM
Today, I discuss and share my opinions on the new bill HR 3221 just passed by our Congress and Senate and signed by President Bush just last week. . If you had read my blog earlier this week. I was and am quite down on the resolution. I do not like it. … (4 comments)
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fha: What are they thinking - 07/29/08 03:14 PM
I sit here mad and quite irritated...The House and now the Senate have voted and pass HR 3221.
here is are some of the finer points of this Bill
- Seller Funded Down Payments Assistance - gone as of 10/01/2008
- FHA will require original bank (who is agreeing to write … (11 comments)
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fha: Last Week - 07/28/08 09:05 AM
“Think of yourself as on the threshold of unparalleled success. A whole clear, glorious life lies before you. Achieve! Achieve!” – Andrew Carnegie, Industrialist
I want to pour this out in public to make sure to head off the rumors that I am sure will abound.
I am moving my … (7 comments)
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fha: Communication is the Lubrication in every well run Organization - 07/18/08 11:01 AM
“Communication is the Lubrication in every well run Organization"
I think that statement is the most important thing I have read this week. I have been going through rough and tumble times here in the month of July, and my one constant has been the ability for me to communicate … (2 comments)
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fha: FHA vs. The Flipper - 06/20/08 04:42 PM
Well, we had some good news this week from FHA and HUD concering the relaxed guidelines concerning Flippep properties. You would have to wait 90 days after you bought the property to let someone with FHA financing to buy your home. Well, good news, that is gone for at least one … (2 comments)
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fha: Health vs. Wealth - 05/31/08 12:19 PM
I was watching WNIT this morning it is the local public television channel, and they were highlighting Rich Dad, Poor Dad author Robert Kiyosaki. He made an interesting statement that floored me.
He said people spend their Health gaining Wealth, and then spend their Wealth gaining back their Health. The sad … (15 comments)
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fha: FHA and the Single Woman - 05/31/08 11:00 AM
I cannot think of a better loan for a single person be it man or woman with the low downpayment, exceptional rates, and low upfront mortgage insurance premium. Many people can buy a home for just as much as they are renting for now and with the tax savings many times it … (3 comments)
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fha: Your Mumbo Jumbo Jargon Confuses Me - 01/17/08 01:53 PM
Last year, I was working with what I thought to be a seasoned Real Estate Agent. We had a less than honest client who was telling her one thing and me quite the other. I have said this more than once that I have the most intrusive job in America. But, … (6 comments)
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fha: Bad Buyer - 11/11/06 12:42 PM
You know what they are the moment they walk into your office, but you take them on any way. You know you are going to have to put more time in on them than you want and that your hourly rate is going to go down substantially.
I wish I would … (3 comments)
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