Joe Petrowsky's Blog

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Mortgage and Lending - Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - NMLS # 6869

ARCHIVED BLOG POSTS

2012 

“New Appraisal Standards”   I know that Fannie Mae and Freddie Mac must feel that the appraisers are competent, otherwise why would these, so called new and improved standards insure that appraisers will do a better job, establishing the value of a piece of real estate.   Over the last month, I h...
01/05/2012
“House Flipping Often Gets a Bad Rap”   My wife and I have flipped over 500 homes over the years. I wish I could say every house made a profit, fortunately most did. There must be something wrong with making a profit? As many articles seem to be saying so.   I am constantly reading and hearing ab...
01/05/2012
“What Do You Bet, the American Tax Payer Takes it on the Chin Again”   I wonder how many clients, that I couldn’t do a mortgage for, ended up getting a mortgage from this company? I know it happened a few times. Situations like this, give every mortgage company a bad rap. I don’t know about you, ...
01/04/2012
“This System is Broken” I never want to see anyone lose a home, however the current foreclosure system doesn’t work. Do you really blame folks for working the system? It is reported that foreclosures are taking between two and three years, in some cases longer. If you can stay in your home for th...
01/03/2012
“Do You Feel Sorry for Those Committing Fraud?”   How does someone not do some serious time? Probations? A few months or a few years in jail? In the long run, you and I are footing the bill, one way or another. The loss of someone’s license or a small amount of jail or probation is not going to d...
01/03/2012
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Joe Petrowsky

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