loans: Why experience counts...Find a Realtor you can trust, all the way! - 03/30/09 03:08 AM
I have a closing that was scheduled for March 6, 2009.  We just got a clear to close after 5:00 p.m. on March 27, 2009.  My clients want to know when we will actually close and I can only tell them that I hope by April 1. 
Part of the problem has been that I have no relationship with the lender and the buyer's agent has no relationship with the lender and we keep getting pushed to the bottom of the stack, or so it feels.  After about three weeks in underwriting for what I was told was a "clean" file, the … (7 comments)

loans: Some of my Dad's best advice - 03/30/09 01:34 AM
If it seems too good to be true, it probably is...
I heard this a million times growing up (Dad also warned me a million times not to exaggerate) and as I get older and think about what dad's gifts to me were over the almost 47 years that I spent with him, this advice was about the best.
While in the Northern Virginia area during the real estate boom, there were signs everywhere for 1.5% real estate loans.  I looked into it back in San Antonio and actually had to bring out my 1993 edition of Principles of Real Estate to … (0 comments)