guidelines: Foreseeably Harder Approvals: FHA gets tough - 12/03/09 08:01 AM
 
Thanks Ken!
As usual, Ken Cook, does a great job breaking down some of the latest expected changes to FHA loans.  I find it shocking that everyone ran around saying we need to help clear the inventory by extending and expanding the First Time Home Buyer Tax Credit and now they're thinking about making it tougher to buy a home.  So which is it?  I thought it was odd when they raised FHA down payment requirements from 3% to 3.5% while saying they needed to get the housing market moving again.  A jump from 3.5% to 5% will most certainly … (1 comments)

guidelines: The Code of Ethics - Bite your tongue! - 03/23/09 06:53 AM

The Code Of Ethics and Standards Of Practice.
A recent conversation between myself and Randy Hooker brought up some interesting thoughts on the National Association of Realtor®'s Code Of Ethics.  For those of you unfamiliar with the Code (as we call it, also referred to as the COE), it is basically a set of guidelines to help determine our duties to clients and customers, the public, and other Realtors®.  Within the code, we are taught to apply these ethics to our daily practice of real estate and it also sets forth a system to deal with those that break the … (12 comments)