Sengdao Vongruksukdi's Blog

Jo'Mell Thomas pleaded guilty in District of Connecticut Court to conspiracy to commit wire fraud from his participation in a mortgage fraud scheme. According to court documents and statements made in court, this matter resulted from an investigation into a mortgage conspiracy led by Syed Babar i...

What are the absolute bare-minimum guidelines to obtain a mortgage? ....and perhaps more interesting...how to obtain a mortgage immediately after a Short Sale..read on... By far the easiest mortgage to obtain is a FHA loan: 1) 3.5 percent down payment, based on the purchase price of the home (e.g...

One of the best ways to know what is happening next for housing is tracking the number of NEW mortgage applications....known as Purchase Applications. More new applications = more buyers looking for homes. According to the MBA's vice president of research and economics, Michael Fratantoni.purchas...

Peter Drucker said the purpose of business is to obtain and then keep a customer. In order to do that, agents need to ask a client what their expectations are, and then exceed them. Recently, I rented a car at Enterprise in Tempe, Arizona. The leasing agent walked me around the car to check its c...

These days nearly every agent uses photography as a marketing tool with their listings. And as technology has gotten better, these ‘photo galleries' have gotten better, too. Photos are a good starting point. But according to the National Association of REALTORS® 2010 Buyer and Seller Profile, 61%...

The main reasons businesses look to market their services is to demonstrate what makes them stand out from the crowd, the stuff that makes them different from their competition. According to one marketing expert, small businesses are failing at this. Their marketing sounds alike and it does not f...

WASHINGTON-The Federal Housing Administration has been the "go-to" lending program of choice for homebuyers-especially first-timers-for the past few years. But that may be changing due to tighter government credit standards and higher mortgage insurance premiums. Last year, the FHA insured nearly...

Although dubbed "The King of Cool" and considered to be one of the most popular and highest-paid actors of the 1960s, actor Steve McQueen preferred to live outside the glitz and glamour of Hollywood. McQueen's last home was a piece of Santa Paula real estate 75 miles outside of Los Angeles, and i...

There's nothing harder than running into a past client and learning that they just bought or sold a home ... without you. It wounds your pride, it shakes your confidence, and it hurts your pocketbook. What I've learned over many years is that when someone tells me their story, I'm rarely surprise...

Here is a question that I've been asked a lot in recent months: "Denise, I'm thinking about leaving my brokerage for a different one. Should I make a move?" It's understandable that you may be thinking about moving to a different office. Granted, the past few years have been extremely challenging...