Will the pool of Loan Officers become smaller in 2010? - 12/22/09 03:39 PM
I wrote a blog about a training I attended last Friday on the Good Faith Estimate 2010.  
One of the old timers at the training feels, the coming changes will shrink the pool of LO's.
Will the pool of Loan Officers become smaller in 2010?
Time will tell....
I do know that as of January 1, 2010 some mortgage companies including mine will not let a LO's originate until they have completed the required training.
Some of the LO's are having heart burn with some of the requirements.  Other are accepting the changes, learning them and preparing for a great 2010.
January and … (2 comments)

Good Faith Estimate 2010. Does it affect Real Estate Agents? - 12/21/09 09:03 AM
Last Friday I attended a training class on the new Good Faith Estimate 2010.

It was taught by an attorney with the Praedo Insititute.  He was well read on the subject and very much on top of his game.
There were many questions poised to the instructor.  Mainly about how these changes will effect the way loan officers do business starting January 1, 2010.  
He was patient and answered the questions.  I recall one statement that related to Real Estated Agents.
It was in regards to asking for seller paid closing costs.  Because the new GFE considers the Owner's … (5 comments)

What if there is a lien on the property when you buy it? What if it's still there a year later? - 12/20/09 09:38 AM
 

 
 
 
 
 
 
 
 
 
 
Yesterday I wrote a blog.... If you Sue an Homeowners Association (HOA).  Who are you really suing? 
Because of this statement that was written in an email in regards to an outstanding HOA assessments against their home.
"............ I will be contacting a lawyer tomorrow. If this does not get resolved promptly or if there is a lien placed on my property and/or showing on our credit reports, I will counter sue you for damages to our credit and the time that it takes for us to correct your error." 
Today, … (6 comments)

If you Sue an Homeowners Association (HOA). Who are you really suing? - 12/19/09 05:07 PM

 
 
 
 
 
 
 
 
This statement was written in an email in regards to an outstanding HOA assessments against their home.
"............ I will be contacting a lawyer tomorrow. If this does not get resolved promptly or if there is a lien placed on my property and/or showing on our credit reports, I will counter sue you for damages to our credit and the time that it takes for us to correct your error." 
My first thought was, this home owner doesn't seem to understand who the HOA is and how they are normally structured.
First - … (11 comments)

Visitor in the back yard. - 12/19/09 04:25 PM
The picture turned out awful.
It's still a beautiful animal and I love to watch them.  Especially since we don't get as many these days as in the past.
 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for … (5 comments)

Zion Bank in Saratoga Springs, Utah 84045 - 12/19/09 04:13 PM

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Zion Bank has been apart of the Saratoga Springs community for several years.  With a branch located inside Smiths Foods.
This year they moved to a free standing building and are now even better positioned to given the community better customer service, especially those that like drive up windows.
I have been a customer of Zions for a couple of decades and appreciate their business model that allows their employee to provide excellent customer service.

 
 
… (0 comments)

Homeowners Association.... The Good, the Bad and the Ugly..... - 12/19/09 10:55 AM
 

 
 
 
 
 
 
 
 
 
Many prospective home buyers are not aware of the impact of buying in a Homeowners Associaiton (HOA) 
Many see the GOOD but many times don't see or understand the possible BAD or UGLY.
 

 
THE GOOD:
Living in a HOA can have benefits that you may not be able to afford.  
For example, walking trails, club house with an exercise area, hot tub, swimming pool and large common areas for family gatherings.
There are normally minimum maintenance standards.  These can enhance the overall value of the area.  Including your … (1 comments)

Silent Sunday....... - 12/13/09 10:51 AM
 

 
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Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties.  View comprehensive property resource information atwww.markwatterson.com
 
It's Not About the Money -It's about life long relationships that are based on Customer Service Excellence.The "Voice of the Customer" is where it all begins. Customer Service Excellence is not just words. It's our CULTURE.My customers refer their family and friends because of theexceptional attention to detail, … (4 comments)

That limits you to talking AT folks and not WITH folks. - 12/13/09 08:56 AM
On my blog yesterday I limited comments and re-blogging and received the following GREAT email response. I want to post it with my comments and talk with the Active Rain community about it.
"That limits communication to talking AT folks and not speaking WITH folks.No comments and no reblogging is fine with me. Sadly, it also means No featuresNo extra points No interestNo subscription."
 
Your absolutely right!  However, it's only on my political posts because it limits the high jacking and those who want to shout me down. 
I do have a weakness. When one of these extremes voices, posts a comment and I response with a different view.  They … (8 comments)

No comments or Re-blogging.....Please ... - 12/12/09 07:20 PM
I have disabled commenting and re-blogging on all my political posts.  Everyone is very passionate about politics and that not a bad thing.  In most case it's extremely GOOD.
My goal is not to influence anyone to my way of thinking or to have others try to influence me.
 
It's to encourage you to become a Free Thinker.  That looks into all the facts and form your own opinion.
I strongly believe common sense will prevail.  That you and everyone in the country will benefit as more and more communicate their thoughts and views.  The silent majority (of common sense) will … (4 comments)

Are we Ecomonic Slaves? Isn't that Trickle Down Economics? - 12/12/09 06:58 PM





The strength of this country is the hard working American's that have built this country from the ground up.
We should be supporting those hard working taxpayers that carry the load.  They are the core strength of the country.  This could be called Trickle Up Economics.  
I'm not necessarily talking about handouts.  A hand up in some case.  Most of the time,  just getting out of the way.
Leveling the playing field which now strongly favors the money/power players that are in control.
The money/power players pull the strings of the puppets in Washington and will never … (0 comments)

Home Planning Process... - 12/12/09 09:13 AM
I had contractor tell me they don't need a plan to build a home.  They can build off a drawing on a napkin.  The only reason they need a plan is because it's required by the building department.

 
Well......  That's probably true.  However, I believe the odds would be stacked against me that my expectations will be met.  I might not even receive any minimum safety or quality standard required by code.  (the local planning/building departments do a great public service)
I'm still not sure if they were trying to make me feel like they were competent or ? 
I didn't feel … (2 comments)

Trolley Square in Salt Lake City, Utah - 12/08/09 07:40 AM

 
 
 
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Trolley Square is located on the east side of Salt Lake City, Utah and is celebrating its 100th anniversary.
 
For more detail information please check out this link http://www.trolleysquare.com/ 
 
 
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Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties.  View comprehensive property resource information atwww.markwatterson.com
 
It's Not About the Money -It's about life long relationships that are … (1 comments)

Kaysville, Utah - 12/07/09 07:18 AM
Kaysville is located North of Salt Lake City.  It's a great family community.  
Check the cities website. Kaysville City
 

 
 
 
 
 
 
_______________________________________________________________________________________________________________________________________ 
 
 
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties.  View comprehensive property resource information atwww.markwatterson.com
 
It's Not About the Money -It's about life long relationships that are based on Customer Service Excellence.The "Voice of the … (1 comments)

Sharks are smelling the Blood in the Water .... - 12/06/09 12:03 PM
Investors....
Before you go swimming with sharks.  Make sure you know what you're getting into.  Below is part of an email I received. 

"You probably haven’t heard about the latest play inDistressed assets.It’s not real estate…It’s Defaulted Judgments And Liens.Every mortgage that gets foreclosed onHas a deficiency that must be collected.Some of these judgments can be bought for penniesOn the dollar.Collecting $12,817 on a defaulted judgment you paid$1 for is an incredible return on your money.How Many Of These Deals Could You Do A Month?................... is going to show you how to get in on this" Sounds attractive but maybe … (6 comments)

Are we a Nation of Free Thinkers? ... How About a NO PARTY SYSTEM? - 12/06/09 10:13 AM
The news is dominated by Democrats THIS and Republicans THAT.  I don't see how either party is working in the best interests of the country as a whole or its citizens.

 
I believe there are two types of thief's. Dumb thief's and smart thief's.  The dumb ones ignore the laws.  The smart ones get them changed to make their stealing legal.
It appears to me that both parties have enabled the smart criminals to steal us blind. 
There seems to be an uncontrollable wave of corrupt politicians that are motivated to destroy our economy for ?.
I personally don't see the need for political parties to tell us what to think or who … (0 comments)

Silent Sunday....... - 12/06/09 08:24 AM
 
 
 
 _______________________________________________________________________________________________________________________________________ 
 
 
Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC
Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties.  View comprehensive property resource information at www.markwatterson.com
 
It's Not About the Money -It's about life long relationships that are based on Customer Service Excellence.The "Voice of the Customer" is where it all begins. Customer Service Excellence is not just words. It's our CULTURE.My customers refer their family and friends because … (7 comments)

Building Codes..... They are minimum safety and quality standards. - 12/05/09 05:46 PM
I have been reading posts here in the Rain where some will comment something like "The building inspector
should have caught that."
 

Building Codes..... They are minimum safety and quality standards.
They are not a replacement for doing your due diligent and hiring the best contractor for your project.
There are many items in the construction process that are not inspection items or the responsibility is deferred to the engineer and/or property owners.
For example:  The soil condition/type where you are building. Is it suitable to support the footings, foundation and structure?  In our area the city nor the engineer will … (4 comments)

 
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Mark Watterson Utah Real Estate

Salt Lake City, UT

More about me…

Address: 5974 South 2700 West, Roy, UT, 84067

Office Phone: (801) 815-0411

Cell Phone: (801) 815-0411

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My Blog is designed to provide resources to enable you to make an informed buying and seller decisions. For comprehensive resources log to www.MarkWatterson.com or www.UtahMark.com


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