The Watched Pot Never Boils - 01/27/09 11:23 AM
We have all heard the saying: “A watched pot never boils.” What does this saying imply? Simply stated, it means that if one is anticipating an event, then time seems to slow down or drag.
The real estate and mortgage industry have become that pot. Consumers are just sitting there waiting for the pot to boil again. Things appear to be dragging along. “Is it ever going to pick back up?” Blah, blah, blah… Over time (the extended, dragged out perceived time), negativity rears its ugly head to add to the fact that a boiling point does not exist when watched.
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Excuse me, Mr/Ms Realtor, that is none of your business. - 01/19/09 10:52 AM
Is it just me or did this Realtor step over the line?
Let me give you the background.  I have a client that is good friends with one of my friends.  He and his fiancee are looking to purchase a new home.  When my friend found out that he was trying to get a mortgage and that no one was returning his phones call over the holidays, he immediately put him in touch with me.  Within a couple hours, I had him pre-approved.
The home they wanted to buy was bank owned, but 2 owners prior belonged to his grandmother.  They … (12 comments)

Lender Gone Wild - 01/13/09 11:08 PM
Somewhere behind locked doors where the motif is best described as a late 70’s disco club, there sits a handful of banking executives studying the success of one of the few industries that continue to survive the current downward trends in our economy. That is right, I am talking polished brass poles and scantly dressed women. It comes down to making money off the bare essentials of what God has given us.
Okay… not really, but one lender has adopted the philosophy of offering only the bare essentials of the mortgage industry. And I am one to admit that lending needed … (10 comments)

A Letter to President Obama Regarding His Stimulus Package - 01/05/09 10:05 AM
Dear President Obama,
While I am a citizen of the United States of America, I firmly believe in the principles of free trade and capitalism.  These practices involve the market correcting itself without the influence or involvement of the government.  However, I am willing to bend on these principles if you are willing to accept my proposal on how to spend the $1 TRILLION in your economic stimulus package.
Here are my terms:
1) Payoff every single mortgage (1st, 2nd, etc) on a primary residence for every single citizen in the US.  The mortgage(s) must be under the current conforming loan … (11 comments)

 
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Jason Price

Eustis, FL

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Mortgage Financial Group, Inc

Address: 725 E. Alfred Street, Tavares, FL, 32778

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