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ARCHIVED BLOG POSTS
2008
Hi all: I've been doing this business for over 2 1/2 years now and last Friday was the first time I actually thought about cashing my chips in. It really wasn't any better over the weekend or on Monday either. It all started last week with the rejection of an inspection by my client on a place he...
10/30/2008
Good morning! I'm encouraged today by two things I saw and read about. First of all, I was driving to work and saw that a large builder in our area was starting to build homes again. This was after construction literally stopped in a sub-division for the last 6 months. I'm encouraged. Granted, th...
10/23/2008
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Hello all: I was recently emailed the following article that was published in our local paper. I have included it below because it tells the true story and not necessarily the one the media would have us believe. Here are some true statistics from the greater Seattle area this year. Since the fi...
10/22/2008
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Good morning! I'm going to toot my horn a little bit here. My business is based in the greater Seattle area (Renton, WA.). This is where I have chosen to do a majority of my loans. Why? Because it allows me to meet personally with all my borrowers and vice-versa. I think this is important. I beli...
10/18/2008
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Good morning! I was just thinking about the state of our economy and the worldwide economy for that matter. Today the Dow Jones Industrial Average is down over 400 points and broke the 10,000 point barrier for the first time in a while. Obviously, the $700 billion governement bailout did very lit...
10/06/2008
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This is one of many excellent insights into the mortgage mess. It's interesting to me that this all started years ago. It just goes to show you that it takes a while for the chickens to come home to roost!Category: News and Politics Subject: FW: Worth reading! Mortgage Crisis: The REAL Blame B...
10/05/2008
Hey all: As many of you know, the House of Representatives passed the $700 billion financial bill designed to prop up the economy. It's ironic that the stock market proceeded to lose over 100 points on the day. It makes one wonder if the bailout hadn't passed, would the results have been worse? I...
10/03/2008
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Hi all: I attended a seminar yesterday sponsored by Bernstein Capital in Seattle yesterday. The one statistic that relates to us was the one about how much mortgage debt has been written off and how much more is left. So far a total of over $500 billion dollars has been written off by the financi...
10/02/2008
Rainmaker
818,695
818,695
Paul McFadden
Pest Control, Seattle, WA.