Things I’ve Learned Along The Way from The Real Estate Sage at The Real Estate Investment Institute - reii.com

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Services for Real Estate Pros - The Real Estate Investment Institute - 1retiredsage
William J Archambault Jr sharing 4 decades of lending and real estate experience. Through books and services of REII. Bill writes about and teaches real estate investment, real estate, lending, borrowing, credit, and sales. Bill is available as a speaker, trainer, hands on coach, or remote consultant.

ARCHIVED BLOG POSTS

2007 

The Good Faith Estimate is an "ESTIMATE" of the cost of the loan you've applied for. All lenders are required to provided you with it and its' companion the "Truth in Lending" form within three days of your application. We're going to go through it line by line, but the individual lines are unimp...
10/25/2007
I got a letter though AR. A listing agent wanted an investor, was I or any of my people interested in this listing? A single family house in a distance state, appraised at $785,000.00, listed at $725,000.00, but only for home buyers, investors could buy it for $660,000.00! (I should have stopped ...
10/23/2007
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I was born in Central Michigan. Son and Grandson of men that fixed it themselves. I don't remember a time when if something need fixed or built Dad didn't do it himself. I remember when I was very young pestering Dad as he worked on a car in the drive way. I remember the first major project we wo...
10/22/2007
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Have you ever considered what tenants miss?Have you ever considered how important a home of your own is?I'm talking about a home like an old fashion marriage, not serial monogamy as practice by so many. A home like Mom, not Dad's third wife. A home like our Grandparents kept or maybe your Great G...
10/18/2007
I'm the oldest of five. Born in 1948, two years after my parents were wed, I've always been proud to be William Junior. I didn't surprise anyone, not like my brother "Ops" born just ten months later, Mom called him Jack after her Father and Brother. (Thank God they didn't let Fathers in the deliv...
10/16/2007
When I came west from Michigan twenty three years ago, I was shocked to learn that possession in Nevada and perhaps most of the West is excepted to pass on the day of closing. In my experience I knew closings get held up and sometimes blow-up! I found the idea both un-civilized and a grave violat...
10/15/2007
Bunk, BUnk, BUNk, BUNKA comment on Where' the Bottom of the Burbank Real Estate Market ?I don't believe you can apply the principles of technical analysis to home purchases! Nor do I believe you can apply them to small (1 to 4 unit) investment properties in a tough market. No one likes to crunch ...
10/10/2007
I wrote a blog about illegals and loan fraud and got a comment from a well intentioned writer that I just can't forget. I don't think the writer did anything but express the frustration we all feel, when we group people by heredity instead of their personal choices.The comment: "It is amazing tha...
10/02/2007
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William J. Archambault, Jr.

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Sage real estate and mortgage information, from the man at The Real Estate Investment Institute.

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