Gene perez's (gpshark) Blog

Santa Maria Credit: Understanding Credit Scoring and Credit Repair (part 1) This is just a re-cap of a previous blog seems to be an ongoing question, concern and even mystery.   Today's blog will be the first of a two part series and will focus briefly on understanding credit, credit repair and o...

Often a fortuitous event will have an inauspicious moment or two involved.  It is easy to ignore the overall achievement and focus on the angst, the problems, the wrangling and the hindsight of shoulda, woulda, coulda.  The dark moments can overshadow the accomplishment if the spotlight is focuse...

  In real estate, we call a Buyer's market when there are too many homes for sale than buyers. The news media paint the doom and gloom markets all over the country and speak very much in generalization. The public watches the news and believe what they hear.   However, as we have always said, Rea...

Just a little sarcastic humour ;-) on today's marketIt's been painful trying to educate Buyers and Sellers about our current market.  Rationale is out the window - literally.  More often than not, I need to remind clients to stop listening to the media and to focus solely on their competition.  Y...

Is IT Point Worthy?  I've been thinking about that little phrase quite a bit and it dawned on me how many parts of my day revolve around points of one type or another. In my business, I very often get a phone call that starts out with Loan Client - "Hi!  I need a mortgage.  My credit score is exc...

  I want to briefly talk to you about something that I am seeing more and more of when it comes to quoting an interest rate.   You may see advertisements in the newspaper, hear a radio ad, or visit a website where they are showing a lower rate then most other lenders. How are they able to undercu...

  IF YOU PLAN ON LOOKING FOR A LOAN HERE ARE SOME GREAT TIPS EVEN IF YOU ARE NOT IN IDAHO    Don't be the victim of a scam!  On September 17, the Idaho Department of Finance issued a news release saying that it had ordered two companies, Hillside Financial Group and Outsource Credit Solutions, bo...

GREAT ARTICLE PLEASE TAKE SOME TIME TO READ THIS  Robert Siciliano Identity Theft Expert Albert Gonzalez and his gang of criminal hackers, were responsible for data breaches in retailers and payment processors with some estimates saying they breached over 230 million records combined. Gonzalez, c...

This is Unbelievable  I found this to be very newsworthy information since many of AR members have been really focused on FHA and the First-Time Tax Credit.  What a bumpy ride it's going to be.  Tell me what you think!  We are about to see a whole lot of lenders disappearing as a result of this. ...

Getting a Mortgage Loan To Buy A Home In Santa Maria CA   The following will give potential home buyers a detailed explanation of the process for a home loan. Here in Santa Maria, CA, or at least my office ;-).  I have seen the Real Estate market go from one extreme to the other in a matter of a...