florida: Meet the NEW and IMPROVED "Good Faith Estimate" - 10/31/09 10:41 AM
There's a new sheriff in town, actually it's the same old sheriff attempting to flex his/her muscles, if he/she has any.
The US Department of Housing and Urban Development has been working on a new GFE (Good Faith Estimate) for over a year, maybe closer to two and beginning Jan. 1, … (6 comments)
florida: No, I Can't Quote You a Rate! - 10/29/09 04:59 AM
I just got a new "rate sheet supplement" for adjustments and fees. I wish you could see these things. You'd really be surprised that a Loan Officer can accurately quote rates at all. Take a look at this, it's for FHA/VA Loans;
Loan Size
$90,000-$417,000 no adjustment
$60,000-$89,999 subtract .125 from … (4 comments)
florida: Ch-Ch-Ch-Changes - 10/26/09 12:07 PM
Where's David Bowie when you really need him.
For those of you who remember Bowie the answer would be anywhere, probably on a "Space Odyssey!"
If you're invovled in the Real Estate industry today that's what you're doing, going through an "odyssey."
odyssey; long journey with adventures
Bowie's take on changes; … (5 comments)
florida: Warning! Warning! the end is near! - 10/25/09 08:58 AM
Barring a change or extension of the statue, the tax credit will soon cease to exist, as of the last day of Novemeber. With the implementation of HVCC (Home Valuation Code of Conduct) and MDIA (Mortgage Disclosure Improvement Act) it has become difficult, but not impossible to close transactions involving financing in … (0 comments)
florida: Why are there no uniform standards for PRE-approval letters? - 10/25/09 07:10 AM
Why? Why? Why? are there no uniform standards for pre-approval letters?
Let's start with do we all agree and/or understand what it is, the old preapproval letter that is. If I have this right, a buyer and their agent are trying to represent to a seller and their agent that the … (10 comments)
florida: Home Valuation Code of Conduct (HVCC), is it working? - 10/24/09 08:50 AM
It's truly amazing how we, in the real estate industry, can adapt to change. I guess a large part of this developed ability is because we have to.
When you mention HVCC to a lender or a Realtor, you'll probably see a scowl on their face, or you may receive a … (6 comments)
florida: Don't SHOULD all over yourself! - 10/20/09 09:47 AM
Should is an interesting word. When I looked for its definition I learned that it is the past tense of shall. Should by itself, very often, isn't so bad. For example; I should have a good year this year. That's an okay statement, but let's add another, killer word, to it … (5 comments)
florida: Clearly Defined WRITTEN Goals!!! - 10/19/09 09:23 AM
If you have ever been to a sales seminar or have spoken with, or listened to a sales trainer, or life coach, you have been told, and know that the most successful people in THE business, any business, have;
Clearly Defined WRITTEN Goals!
First question;
Do you have them?
Second question; … (8 comments)
florida: What's your Preferred Business Method of Communication? - 10/18/09 06:18 AM
I was reading the November issue of "Success Magazine" and came accross the results of a poll asking what method of communication business people preferred or more precisely the question posed was;
What is your preferred method of communication in business?
Good Question!
The results were; drum roll please.
40% email … (15 comments)
florida: Ya SNOW! Bring it on! - 10/17/09 07:32 AM
Joe says,
We're tough and we can take it. We don't care if it's still October, or maybe we do, Bring it on! we're tough. I've got the snow tires on, the snowblowers purrrin, the shovels ready to go, and salt for the walkway, or not.
Bring it on!
Joe's wife looks … (12 comments)
florida: Are you ready? Here Comes the SNOWBIRDS! - 10/12/09 08:12 AM
I tried to get a good definition of "Snowbirds," you know something colorful or entertaining, but alas I failed, they were all kinda boring. So I thought why are they called snowbirds, it's not like they fly here. From what I can tell most of them arrive by car. Maybe we … (10 comments)
florida: President OBama Please Help, Ban Cash Buyers, Now! - 10/01/09 01:03 PM
Mr. President,
We need your help! Please make this a priority. We need you to get legislation passed which will ban cash buyers, unless of course no one else wants to buy the property.
Think about it;
First, you're telling everyone how bad things are and here's all these investors running … (2 comments)
florida: (RAIN) Power of the People! - 09/28/09 09:35 AM
Reminds me of John Lennon; "Power to the People," I can hear the music and John singing in my head. For some of you, you are just not old enough to remember John singing this. At that time, it was a protest type song.
Well in today's world Active Rain has … (7 comments)
florida: Are Stated Income Programs DEAD.....Forever??? - 09/26/09 12:28 PM
When I first started in the mortgage lending business there was no such thing as a stated income program. The self employed and commission income clients had to live and die on the merits of what their tax returns stated. Quite frankly, I do believe that the underwriters back then did a … (6 comments)
florida: It Ain't a Done Deal, Till it's a Done Deal!!! - 09/22/09 09:34 AM
Once upon a time, in a very far off land (Dover, NH) there was a very young and enthusiastic Loan Officer (me) who was introducing the marketplace, made of of mostly Realtors, to what was referred to as secondary market loans. Back then Fannie Mae, and Freddie Mac were not the … (5 comments)
florida: "RAIN POWER!" It's AWESOME!!!!! - 09/18/09 08:18 AM
Okay, I've read the posts about the power of Active Rain and the google juice, well as they say a picture is worth a thousand words. So, if you've never done this before, Google yourself!
If you've been an active Active Rain blogger than you're going to loooooove the exposure that … (77 comments)
florida: Beware! of TOXIC Behavior, It's Everywhere! - 09/17/09 09:31 AM
WARNING, WARNING!!!
TOXIC BEHAVIOR is hazardous to your Success!
Toxic behavior by definiton would be a behavior that was/is poisonous.
Boy, that doesn't sound good to me!
Where will you find this you may ask? so that you may avoid it.
Well first, you really need to check out … (2 comments)
florida: A New Sales Technique: Try Answering Your Phone! - 09/15/09 08:18 AM
I've read a few blogs recently about returning phone calls. It made me think about the good olde days, you know, before voice mail.
Oh, how did we ever survive?
So what I'd like you to do right now is stop for a few minutes and think about how you feel … (12 comments)
florida: Another One of Those, Oh No, OH YES! - 09/10/09 09:18 AM
Every year just like clockwork here it comes. It's time for another birthday. For me it's also a time for reflection and I'd like to share a few thoughts.
On Friday I'll be 75, oops there's that dyslexia thing, I'll really only be 57. As you get older you're allowed to … (8 comments)
florida: Let's Hear it for Port Charlotte, FLA! - 09/09/09 12:34 PM
YEAAAAAAAAAAAAAAAA!!!!!
I hope God doesn't strike me down for using CNN as a source, but in my own defense, it does state that the article comes from the editors of Money Magazine, if that's any better. But so what about the source, this is extremely positive news about Southwest Florida, so … (1 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
There's a new sheriff in town, actually it's the same old sheriff attempting to flex his/her muscles, if he/she has any.
;)
;)
