ARCHIVED BLOG POSTS
2014
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STEP ONE - CALL YOUR LENDER There is no step two or three without... step one - call your lender. It seems week in and week out I get calls from potential or hopeful home buyers who have been actually viewing homes (sometimes writing a contract) with no idea of what they WANT to spend. When buy...
06/27/2014
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EXPENSIVE HOMES ARE SELLING! According to a USA Today article this week expensive homes are selling. The article headline is actually "Existing home sales up 4.9%". One can come to a different conclusion, but this article makes clear to me that the term income inequality it is evident in these n...
06/25/2014
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FHA/HUD CAN ONLY BLAME THEMSELVES I read today that FHA loans are down 53% from last year in the first quarter. HUD (FHA) like other loan guarantors was hit hard with foreclosures over the last few years. Their remedy to bring money into the coffers has been to increase the monthly MI rate from...
06/19/2014
AFFILIATED BUSINESS ARRANGEMENTS AND THE CFPB The cfpb is taking issue with another real estate company's affiliated business arrangement with a title company. I've done a few blogs about one stop shopping. The cfpb is paying attention now to whether home buyers are being fully advised as ...
06/18/2014
WHY DON'T HOME BUYERS LISTEN TO THEIR REAL ESTATE AGENT? I spoke with an agent this afternoon who said she could not get her home buyer to consider options other than the lender they always use. This happens to be a lender who advertises low closing costs. My comment was "ask them if they like ...
06/17/2014
Rainmaker
325,498
325,498
Dora Griffin
NMLS 6380