Sam Thompson's Blog

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Real Estate Technology - BIC Services, LLC
Call me for a mortgage in NC, SC, VA, PA, DE.
RECENT BLOG POSTS
I just read an interesting article on Realtor.com about why FSBO's don't sell that reminded me of a quick story.  A good friend of mine was struggling with who to list with since he knew all of the realtors in town.  Since he couldn't decide, he tried selling on his own.  He is very smart and pri...
11/06/2011
Did you know that Realtor.com has a daily market commentary with recommended locking analysis?  I didn't either.  I used to pay for this type of service and found their analysis very benefical.  I don't know anything about the Realtor.com analyst but I am sure that he knows what he is doing. When...
11/06/2011
My wife has been wanting a pocket door for our little bathroom that turned into a whole lot more.  This is a project I have been successfully putting off for years and it has kept growing and growing.  Last weekend I started it that required taking down the sheetrock on one side and removing stud...
11/05/2011
Are you working for peanuts too? A few years ago, I was prospecting with some Realtors and noticed an empty bag of peanuts hanging from an agent’s door.  Above it was a sign that said "I work for peanuts!"  While I was looking at it, another agent said that I needed to get that agent to tell me h...
11/04/2011
Back in the 1980's when many of you were babies or weren't even born yet, many companies were putting in all kinds of quality programs to save money.  This was mainly done in manufacturing and who knows, they may still be doing these kinds of things in China where all the manufacturing jobs are t...
11/02/2011
I wonder how many calls this FSBO has gotten so far?  They have put up several signs like this one around town.  I'm sure they'll get some calls because as a rule, buyers think that they can get a deal from a FSBO and it looks like this particular FSBO is trying to portray the image of a non-prof...
11/01/2011
I took a picture of a house under contruction of how the contractor is keeping thieves from stealing his HVAC unit.  He parked a car up against it.  It has been there a couple of weeks. I thought this was a good idea and it is working so far! Posted by Sam Thompson Senior Loan Officer Southern Tr...
11/01/2011
While out talking to Realtors today promoting my low closing cost purchase loans, I heard a story about a foreclosure (REO) property that was listed by a Realtor that was not in the local MLS so it was not being shown.  Why do asset managers list with agents that are not in the local MLS?  Crazy....
11/01/2011
An article in the Wall Street Journal today caught my eye about vacation homes from the NAR 2010 home purchase data.  Did you know that there were 7.9 million vacation homes in US in 2010?  2010 data showed that the median vacation buyer age was 49 years old, the median sales price was $150K and ...
10/31/2011
The Wall Street Journal had a story on Thursday, Oct 27th about the 3 credit bureaus latest income initiatives they are working on to boost their profits.  They are using all of the information that they have on us to be able to predict our future spending patterns.  They are compiling their data...
10/29/2011
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SamThompson

BIC Services, LLC
smartphone(910) 852-9415
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Call me for a mortgage in NC or SC. Specializing on VA Mortgages with Veteran Discounts! FHA loans, USDA Rural Development 100% Loans, 203K, JUMBO, Conventional and ARMS. We have a true 5/5 ARM that adjusts every 5 yrs up to $729K ($300K Minimum) for only 5% down with NO PMI! Rates are very attractive on all of our products. We can also do REVERSE MORTGAGES. Call me on those too.