COPE WITH FRED

          4 C’s of CREDIT RISK EVALUATION                 PART ONE: CHARACTER (first of the 4 C’s) Not something we purchase in a department store, nor do we get it via mail order.  CHARACTER IS WHO WE ARE.  Character is something we gain from the teaching and example of parents, teachers and ot...

  4 c's of CREDIT RISK VALUATION: Circumstances Beyond One's Control    Good people can have bad credit, and they do: call it bad luck, misfortune, or setbacks—it results in derogatory information on the credit report and lower credit scores.  This will need to be addressed prior to shopping for ...

IT IS THAT TIME AGAIN Tomorrow will get here an hour sooner than you like.  Yes, its TIME to roll those clocks forward.  Many people will drag into church services late.  Why?  "Forgot to reset my clock."  And so goes the remainder of the day.  While thinking about TIME, lets consider a few thin...

    IF ONLY WE HAD...   I have no direct divine revelation which would lead me to think in terms of making this some sort of dictum.  As I assess my life I wonder if I would have done certain things differently, knowing what I know now.  In Life, there are only two types of wise men: (1) the man ...

Photo by Kevin C. Cox / Getty Images   WHAT DO I HAVE IN COMMON WITH PEYTON MANNING?       This past weekend, many sports enthusiasts tuned in to watch the Super Bowl; and according to a number of self-ascribed “experts”, Manning’s Legacy Rode on his success in that game.  As a REALTOR®, I wake ...

DECISIONS       We all make Decisions—some good, some bad, some easy and some hard.  Some we look back on with regret, and some with pride; others with amazement! How are you at making decisions? What goes into your decision-making process?  What is your typical emotional/rational balance?  Do y...

  WHERE DID THE MONEY COME FROM?       Be prepared to answer that question regarding the Source of Funds.  More time is spent dealing with verifying your needed funds for closing that most any other part of your loan file.  The documentation of the amount and source of those funds can be one of ...

HOW ABOUT PAYING IT FORWARD AND BACKWARD   We talk a great deal about doing for others, we strive to do for others, and we are better people for that.  I was thinking today about three things and discovered that they are related. I was thinking about the things I have learned in 67 years.  I was ...

  OWNING YOUR OWN HOME—NOT WHAT YOU THINK           In 1983, I was a fledgling mortgage loan officer in Franklin, Kentucky, working with a newly licensed realty agent.  We had a young couple that was looking for their first home.  I was also doing business with two reputable home builders, and ne...

  EXPLAIN WHAT YOU MEAN: FUNDS TO CLOSE         Most home buyers have many questions, but there are three that ALL Home Buyers want answered:                 1. How Much Will the House Cost [Sales Price]?                 2. What Will the Payments run each month?                 3. How much money ...