The last 18 months have been nothing short of, well, head-scratching.  It isn't only the housing market or lending industry that have suffered.  It seems everywhere I go and everyone I talk with, the issue is the same.  Whether it's the Realtors, mortgage professionals, car salesmen, restaurant/bar owners,  cake decorators or construction Laborers, these are indeed trying times.

The discussions on the news shows usually involve one expert or another trying to explain what has gone wrong and whom is to blame.  Try as I might and research as I do, I truly don't believe there is one right answer.  This much I do know: Things happen in cycles.  Yes, that's my scientific explanation.  As much as I would love to know how to prevent the downturns, nobody will let me be Queen so I have to just accept that I am powerless over the state of the economy (and most other things for that matter).  I still love my job, I still believe in my profession as a whole and I am grateful to have employment. 

I don't, however, envy the attendants at the gas stations.  That to me is probably the most stressful of jobs these days.  I think the most profitable form of employment right now must be in the medical field.  Therapists, physicians, pharmacists...especially the therapists.  We're stressed out, nervous people, worried about how to pay for the gas in order to get to the job in order to pay for the gas.  I wonder how many gas station employees are needing to work overtime to pay for the gas to drive to therapy?

I'm really not trying to be flippant.  It all makes for very uneasy times and as I said, I see it everywhere.  I hope more people register to vote and then actually vote.  I hope more of us sincerely know why we're voting a certain way.  I wish for us to be kinder and more patient with each other-whether we're in our homes or driving somewhere... because while we are all dealing with our own set of issues, so is that gas station employee and so is the person driving like an idiot in front of us. 

Meanwhile, in my world, I'm still out there promoting common sense home financing, FHA being my specialty for years, and hopefully keeping you informed as necessary. I realize there are many in my profession sending things for you to read, as well, so I try to keep it to a minimum.

Remember, mortgage insurance for conventional financing is harder than ever to obtain and 100% financing is basically a thing of the past.  Keep in mind, though, that if sellers are willing to pay closing costs, it's very possible to get a buyer into a property for very little cash out of pocket...as little as earnest money and appraisal sometimes.  As always, you may call me at any time with questions.  I'm always excited to talk about loans.  We can do Conventional, FHA, VA, Commercial and Reverse.

TIP:
If you have a buyer who is having some trouble qualifying, ask me about a 3/1 FHA A.R.M.  While adjustable rate mortgages aren't always the best way to go these days, this particular loan is one worth considering.

Thank you for spending a few minutes with me.  Have a great and peaceful week.

Humbly wishing to be Queen,

Debbi DeMicco
(815)601-5626

Janan Mortgage Corporation
4001 N. Perryville Rd.
Loves Park, IL.  61111
(815)601-LOAN cell