EscrowCoord.com - Archives June, 2008

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Are ya gonna blackball me? - 06/25/08 02:09 PM

The other day, I was informed by a seller that a local real estate company may be blackballing our listing!
My hubby and I just listed my brother-in-law's mother's home in an adult community. There is a real estate company that only works within that community. As a result many … (56 comments)

My Humbling Experience - 06/18/08 01:48 PM

I finally did it...
I reduced the prices of my classes to the lowest of the low ($39.95). After getting little to no action for what I consider to be VERY IMPORTANT STUFF AGENTS NEED TO KNOW, I decided to take the plunge and work in the red for a while.
The … (4 comments)

What you need to know about becoming a Top Producer - 06/11/08 02:10 PM

Yesterday, I was invited to train a NEW transaction coordinator for an agent. In meeting the agent, I could tell she was a little rattled. She told me, "I'm really stressed and overwhelmed with everything right now. I've got 4 pending sales and 6 more coming in!"
Ah, I remember … (6 comments)

What's with the Kinder, Gentler FHA Loan? (Part 3) - 06/11/08 01:09 PM

Well, I cannot believe it! After only one extension on the FHA loan approval, the buyers have approval today! Right on time, too! Maybe my perception of FHA needs to change....a lot! I'll keep you posted to the end. Although, it ain't over till it's over, I'm starting to feel better … (2 comments)

What's with the Kinder, Gentler FHA Loan? (Part 2) - 06/04/08 10:40 AM

I promised I would give you updates on my FHA transaction I'm working on. The buyer's loan approval was due yesterday (6/3), however-FHA did an appraisal review and they are having a second appraiser go out today. The loan officer did say that they are putting a "rush" on the second … (12 comments)

What's Included in a PITI Payment? - 06/04/08 10:27 AM

Should first/second/equity lines include rent-back PITI payments?
Yesterday, I was working on a terms class I'm teaching in a few weeks and stumbled across some interesting facts on seller's rent-back and buyer's PITI (principal, interest, taxes and insurance) payments.
In defining what a buyer's PITI payment is on the California Purchase … (0 comments)

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