WHIT'S PERCEPTIONS

I just had the pleasure to read a wonderful blog this morning submitted by Antonio and Alexia Cardenas of RE/MAX in Motion, San Leadro, California. The title of their blog is: "Lets Use The Power Of AR To Get This Economy Going"! "Give Us YOUR Ideas About What We Can Do"! I still consider myself ...

Didn't know there were Real Estate Planets? Neither did I, but they must be aligned because everything sure looks like it should fall into place. Interest rates are still at a 50 year low Residential Real Estate Values are back into the Affordable Zone Tons of inventory to choose from Buyers are ...

I wanted to title this piece, "The Importance to Be Prepared". I did not want a reader to reference this blog to Cub or Boy Scouts, their motto, so I decided to use the word, "Ready". Either word would be correct as it pertains to Wholesale Lender requirements. I have made it habit to counsel my ...

I was just reading a post by Paul Henderson, a Realtor affiliated with Lacey & Dupont Washington Homes. It made me look back on my years as a Realtor. The basis of Paul's Blog was his question, "Do For Sale by Owner's have S.O.T.T.? He explains this means "Sell On Their Terms". He has recently no...

That has a nice rhyme to it; hope its true! I understand that Fannie Mae, The Federal Home Loan Mortgage Association, will soon loosen the rules for homeowners in their quest to refinance their existing mortgage to a new one for the express purpose to lower the monthly payment. Of course this cha...

A new twist, for me anyway, was a recent transaction that did not transact. Granted, times are tumultuous, yet I wonder why this particular lender did not honor a rate lock on a loan ready to go to docs well within the 28 day lock. The borrower was well qualified and was putting a loan on a renta...

TWO APPRAISALS? Yesterday, I talked with a Realtor Affinity Partner, Ruth St. John, about a conversation she had with a friend regarding a second appraisal being called for in her friend's quest to refinance her existing loans(s) with her current lender. She had paid $450.00 up front for an appra...

Business Plans are good. By following our Business Plan and referring back to it on a regular basis, we are able to determine what part worked as well as the the part(s) that did not. When I constructed my Plan in December of '07, I failed to fully recognize the oncoming mortgage crisis. I found ...

I find my thoughts often go the nice people in South West Portland, Oregon that live up on the hill. That is until the hill recently gave way. I can't begin to imagine the horror the woman inside the house was experiencing when she came to the realization that her house, the entire house, was mov...

Well I've gone and done it now! I decided, or should I say, my wife urged me to decide to apply for the Social Security benefit today. I guess we are suffering from Social Insecurity, what with this new uncertain ecomomy that is rapidly emerging. I was reluctant on two fronts to make the plunge b...