Lending and everything Midwest - Larry's blog

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Mortgage and Lending - Cherry Creek Mortgage Illinois Residential Mortgage License LMB #0005759 Cherry Creek Mortgage NMLS #: 3001 - NMLS ID# 158606
Designed as an open forum that just allows people to talk about anything pertinent. Not politically correct...just facts, fun, advice, expertise and opinions expressed here.

ARCHIVED BLOG POSTS

2008 

Life is getting tougher for some people who own more than one home. Part of the housing-stimulus package signed into law last week by President George W. Bush could reduce -- though not eliminate -- the appeal of a tax-saving strategy used by wealthy home-hoppers. While the new law won't affect t...
09/07/2008
31 Comments
Too simple here.....very simple here.  When I die...I'll leave a legacy.  You will as well.  What will your legacy be?  Here are a few positve and negative legacies for you to consider: Negative: 1)  I drank a lot of beer and had a lot of fun; 2)  I made a lot of money; 3)  I had a lot of vacatio...
09/07/2008
Saw the convention tonight.  McCain was pale in contrast to Sarah Palin.  The interviews think that this duo is now the "golden ticket."  It'll be interesting to see.  McCain is not a great orator nor does he command a great presence.  So what really is McCain's strength?  He's transparent, genui...
09/04/2008
I posted last night on the speach from the Republican national convention.  Republican National Convention - - - Sarah Palin = Leadership Now!... Having said that, I want to rewind a bit.  This is the second election for me that I have felt all along that I'm voting against someone as opposed to ...
09/04/2008
Giuliani....Awesome 1)  131 times Barack Obama voted "PRESENT"....not yes or no in his tenure in the Chicago Machine!  That's not an executive. 2)  He's lead nothing ever.  Barack is the least experienced candidate in the last 100 years.  It's not a slam...it's just a fact. 3)  John McCain can le...
09/03/2008
Tough times calls for tough measures.  We've hired 3 loan officers in the last 2 weeks.  We have a few branches signing on as well.  Life couldn't be better for us given the environment that we're all working in today. What does Cherry Creek Mortgage (CCMC) have to offer you: 1)  A culture that i...
09/03/2008
FHA mortgages are the best thing out there.  Now representing over 40% of the market in this economy, this once dinasour of a program that was thought to be near extinction is now the buzz for most home buyers.  What does FHA give you as a homebuyer? 1)  The loan is assumable.  If you want to, wh...
09/03/2008
They say "the trend is our friend."  If that's the case, then the news from the Mortgage Bankers Association should be welcome news.  The question is....does 1 week make a trend?  We don't have 1 week, we have 2. Weekly mortgage applications in the United States increased in the week ending Sept....
09/03/2008
A lot of taxpayers want out of Campton Hills...or whatever the name of the community of the month is.  People overwhelmingly want out.  Petitions for disconnect continue forth.  Judge Colwell ruled that the first two dicsonnect are allowed to leave and return to the peaceful entity formerly known...
09/01/2008
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Larry Bettag

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