Why lie when applying for a mortgage when you know you will be caught? I never understand why people always try to justify not telling you the truth. Recently we had a couple lie about nearly everything on their loan application. From their address to their income and employment. First they lied about their Continue reading
Don’t Let the Door Hit…
I still hear this every day. The same old cry from those who want first-time home buyer programs. These programs while real, they are mostly unrealistic and have proven to be nothing more than political bologna.
Let start with the basics and the best loan programs. Continue reading
I Didn’t Think
It’s a tough thing to understand when you’re not working in the mortgage world. Most home buyers only experience a purchase or refinance every 4 to 7 years. Every year the rules change a little along the way but in reality, the basics remain the same.
The basics are the simple stuff which include your Continue reading
It’s Just Sneaky
Do you remember when you were a kid and you did a paper or drawing at school and when you got home, your mother would put it on the refrigerator for all your family and friends to see. There is no doubt your mom was proud of you and she wanted the world to know that. She maybe wanted to encourage you to continue to do good work. Maybe the deeper meaning was to teach you as you grew older that if your work was always good enough you should put your name on it for everyone to see.
I know many of us receive letters or postcards in the mail. The mail looks like a check or a notice from your mortgage lender, but Continue reading
“Do It Yourself” mortgage loans? Nope I don’t think so. They are almost in existence. Today it’s easy to find places on line to apply on line. Even my business website even has an “Apply Now” button. But what is the difference between applying on line and completing a full loan approval on line without ever talking to someone.
I remember as a kid my Grandfather complaining about all the stupid people who were purchasing stuff from the “Sears Catalogue”. He would say why don’t you just go down to the store. See what you’re actually going to buy. Check out and verify the Continue reading
Banks, Those Dirty SOB’s
Another round of swindling the government and consumer’s money. Another form of the modern-day carpetbaggers. This is the second case I have seen in just a few months and I expect to see more coming out soon.
What I am talking about is this. Continue reading
Putting Up the Good Fight
I know my family listens, but I often wondered how many others really listen to me when I am retelling stories from my days in the Marine Corps. I have never seen anyone roll their eyes or even get bored when I repeat the same stories. So are they just listening to be respectful or are they tuning into the lessons that maybe within them.
I work with people from all different walks of life. People may come in with Continue reading
What Are You Waiting For?
In 2006 – 2007 we saw the highest housing prices and sales on record. Why with today’s housing prices – still on average less than 65% of those homes values – and with today interest rates more than 2% less than during that time frame are most still not buying in today’s market.
Really – What Are You Waiting For?
Has our attitude towards home ownership diminished? Continue reading
Why Are You Buying With Cash
I am baffled by the numbers that show that people are still purchasing homes with cash in today’s market. The numbers in Southwest Florida still continue to be that more than 62% of home purchases are made with cash. (stats are from Mid-Florida Regional MLS)
Now I want to start off by stating in my humbled opinion, that a person should never refinance their primary residence to max out cash to purchase another property. Always protect Continue reading
I have worked with a lot of people in the mortgage industry with different credit scores. I have worked to help many people from all different walks of life to get into a new home. Some have been extremely grateful while others complained through every step of the process. While we are all different in nature, we are supposed to treat everyone the same.
So why are some people happy while others seem to always be upset. I have thought about this many times and it’s very easy to think it’s about the money. Whoever has more is happier, right? Not really, Continue reading