Jeff's Blog

By
Mortgage and Lending - loansnjobs.com and EasyWayToShop.Com
This blog lets it all hang out if thats what you choose. All Real Estate topics welcome PC or not!
RECENT BLOG POSTS
  Despite what is happening in the market today re: our industry, industry professionals still maintain that home ownership is still the best investment Americans can make. Despite falling prices overall it is still the best investment you can make. Many homeowners think that wealth accumulation ...
09/25/2008
McCain suspends campaign to go to DC. Asks Obama to do the same. McCain wants debate postponed. And on top of it all the McDonald's news. That's a lot to take in one afternoon. Wall Street today, Dow is down, S & P is down and to top it all off, McDonald's applied for a loan to update the fryers ...
09/24/2008
As investors, how cool is it when we get a great deal on a home and finally get it leased out? When we buy investment homes that we plan on keeping, isn't the best day the day we rent or lease them out? I have taken a reverse approach on finding investors for a new project. I have signed contract...
09/24/2008
I was at the foreclosure auction on Fri and something came up that I have not heard in a long time. In past years,  a typical foreclosure (under certain circumstances) the person being foreclosed on had the right to purchase the home back within 1 year. I was under the impression that at the fore...
09/24/2008
As many of us go through our daily routine in this business, we realize that what worked yesterday may not work today. Many of us have gone to the "guru" seminars and have applied the principles we learn. Do they work? Are they effective? Who do we ask when we need help? What we learned at the "b...
09/18/2008
Food for thought. In the last month, we had 9 particular loans that were originally pre-qualified with the lender. During the loan process, program changes had taken affect and these 9 loans were no longer approved with these particular lenders. In 3 of the cases I am aware of, the loans had alre...
09/18/2008
As a loan officer, we hear and see some different things then a Realtor may. Likewise, as a Realtor you will see and hear different things than a loan officer. I have voiced many opinions and thoughts. I have read many opinions and thoughts. Now, I have some specific questions to Realtors that I ...
09/18/2008
I have been investing in WA real estate for several years now. I identify my properties every Wed., view them on Thurs. and go to the Auctions on Fri. What I have found in speaking with many investors while we stand in front of the court house seems to be a common theme these days. What I have fo...
09/17/2008
The market seems to be going crazy today. Sunday, it was announced that Barclays PLC withdraws bid to buy Lehman Bros. investment bank. I just heard now that they are back on. The way things are going in this market, the sky is falling one day and the clouds part and its a sunny day the next. Any...
09/16/2008
I have been working with a builder now for about 3 years to try and put together investor deals that create possitive cash flow on new construction. No something that usually happens. Since many of you have access to data that I do not, any input is welcome. We have an investor group in WA that u...
09/15/2008
Rainer
14,366

Jeff Polonsky

local_phone(800) 497-4223
Contact The Author
Anything Real Estate - or Finance - Gloves off comments