Real estate and mortgage advice, , thoughts, wisdom (or lack thereof), opinion, humor and general real estate and mortgage commentary. Based on more than 30 years of hard won experience and remember, "experience is what you get when you don't get what you want." Blog posts are published most weekdays or so, and are provided as a service of Northstone Real Estate Inc. and Northstone Mortgage. Your comments, questions, criticism, opinions, diatribes, etc are always welcome.
RECENT BLOG POSTS
Right now a battle is being waged in the House of Representatives over extension of the $8000 tax credit for first-time buyers. On Monday the House voted unanimously to extend the deadline for one group of home buyers. The extension was granted for military personnel, Foreign Service and intell...
In recent weeks since implementation of HVCC (home value code of conduct) we have experienced more fallout of mortgage business than in the preeceeding 22 months. All of the failed transactions are the result of late delivery of appraisals, low values that are not reflective of market values, re...
The Making Home Affordable program announced by President Obama and the U.S. Department of the Treasury on 03.04.09 includes a new initiative, Home Affordable Refinance, to provide refinance opportunities to borrowers with mortgages held or guaranteed by Fannie Mae. This initiative is for borrowe...
It just occurred to me that I am not hearing the same thing day in and day out about the real estate crash. It's been pretty quiet and I think, at least in this market, the crash has come to a stop, no more grinding crunch and tinkling glass, just silence. Popping my head up and taking a look a...
Interesting question from one of my sellers today regarding a minor defect listed on the property disclosure. Should we fix the defect or just list it on the disclosure and forget about it and let the buyer deal with it? Rule number one two and three on disclosure is disclose, disclose, disclos...
One of the keys to success I have found over the years is that I really hate it, I mean deep down to the core hate it if I miss an appointment, or for that matter, if I am even late for an appointment. If you doubt this in any way feel free to ask my wife. I think for the most part we all feel ...
Let's hear it for Talon Escrow, "above and beyond" as a way of life. One of the many characteristics we love about Talon is their genuine care for the people around them. Not only their employees but their team members like us, and more inmportantly than that, our clients. A number of Talon emp...
One of my favorite people and a top real estate producer, Dan Edwards, strolled through my office the other day and took the liberty of scrawling across my big white board... Remember to keep the main thing the main thing.. Referrals. In the last few days I have given a lot of thought to this ...