Joe Petrowsky's Blog

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Mortgage and Lending - Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - NMLS # 6869
“Don’t You Just Love this Mortgage Guy?”    The phone rang. It was a salesman from a mortgage refinance company. "Do you have a second mortgage on your home?""No," she replied."Would you like to consolidate all your debts?""I really don't have any," she said."How about freeing up cash for home im...
“It is Time for New Construction Again”    Hi Joe, It has been some time since we have interacted. For the last few years I have been building simple family homes in North Carolina, basically 3-4 a year. My family and I are moving back to Connecticut and want to pick back up where I was a few yea...
“Lower Rate and Lower Down Payment”   Joe, Please find a copy of the purchase agreement for the property we are buying and as you will see the sellers agreed to do the transaction subject to the sale of our home. Our current home just hit the market Monday, we are having an open house this Saturd...
“You Can’t Make this Stuff Up”    Today my daughter and I will be driving south through Ohio and into Kentucky. I told her that we'd better be careful about some of the Kentucky & Ohio laws.In Lexington it is illegal to transport an ice cream cone in your pocket. By law, anyone who has been drink...
“Getting the Good Numbers when Buying a Business”  Good morning Joe,I have attached the explanation letter you requested we write to present to the to the lender you have chosen. Unfortunately, we were unable to obtain any additional financial information from the previous owner of the sales terr...
“Permission Marketing”     I am impressed, I went online a made a bunch of inquiries about mortgages. Most asked some questions I just wouldn’t answer online others would call every few minutes which was pretty annoying. You however sent an email and a wonderful question. “What is the best way fo...
“Don’t Read if You are Easily Offended”  Welcome to 2019...first snowfall of the season!8:00 am: I made a snowman. 8:10 - A feminist passed by and asked me why I didn't make a snow woman. 8:15 - So I made a snow woman. 8:17 - My feminist neighbor complained about the snow woman's voluptuous breas...
“Flood Waters are Definitely an Appraisal Issue”     Joe, Just wondering if the driveway being under 12" of flowing water impacts the appraisal of the property?  We knew the property was within the 100 year flood plain, not the house, but seeing it first hand is something different.  I'm thinking...
“Selling Your Current Home Can Create Opportunity”   Good Evening/Morning Joe, We are planning on putting in an offer on a home we looked at today. The offer is going to be for $480,000 with 5% down ($24,000). When you have the opportunity to send over the preapproval for this it would be appreci...
“It’s All in How You Ask the Question?” Wife texts husband on a cold winter morning: "Widows frozen, won't open."Husband texts back: "Gently pour some lukewarm water over it and then gently tap edges with a hammer." Ten minutes later the wife texts back, "Computer really messed up now!"

Joe Petrowsky

Your Mortgage Consultant for Life
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