financing: Doctor Every Time I do This
- 05/18/07 05:51 AM
Doc every time I do this I get a shooting pain down my back. The Doctor's answer is: "then, don't do that". Old joke but it has a lesson, I needed to take a closer look at. In many respects we realtors can get a shooting pain right in the lower back area very close to our wallet every time we trust an unknown participant in a transaction. So we do what the doctor orders "don't do that". We can acquire tunnel vision just like a horse running the Kentucky Derby with blinders on, we don't want to look to the … (5 comments)
financing: That Could Be the Fox in the Hen House
- 04/19/07 08:12 AM
Who should I see for the financing of my new residence? See your agent first. I'd like to tell you a story that has been repeated too many times. A young couple goes to buy a new home. They sit down with a friend of a friend who just happens to be a loan officer. They think, "Well, Jenny said he or she was a great person and real funny." So they sit down at the person's office and start the process. "I'll get you the best rate and don't worry about anything. This won't cost that much, and oh, by … (8 comments)
financing: Who's Watching Your Bacon
- 04/18/07 06:50 AM
So you want to buy a home? Well, I've been in real estate for most of my adult life, and there is very little I haven't seen or heard. There are a number of questions that should be popping into your mind about now. Like, what is the first step in acquiring a home? Or, who should I see for the financing of my new residence? How do I know the home I'm getting is worth what I'm paying? How do I know after the purchase something catastrophic won't happen to the inner working of my newly-purchased palace? What is the … (7 comments)
financing: Market Adjustments
- 03/16/07 05:19 AM
Hi Folks, Well the stock market seems to be going into the pot. Up and down every time Greenspan clears his throat we feel ripples in the market. Everything from stocks, real estate, Mortgage industry. There is a mass excites in the lower regions of the loan market. I had a lender call the other day and told me there were 12 mortgage companies that went out of business that week. Some of this is market corrections and others are self fulfilling prophesies. Market corrections are a part of a healthy economy. Corrections in any market brings a cense of reality to the market place. What will … (1 comments)
Doc every time I do this I get a shooting pain down my back. The Doctor's answer is: "then, don't do that". Old joke but it has a lesson, I needed to take a closer look at. In many respects we realtors can get a shooting pain right in the lower back area very close to our wallet every time we trust an unknown participant in a transaction. So we do what the doctor orders "don't do that". ;)
;)
