1) The Ten Day Close: Why Other Lenders Whine About It – This one is getting annoying. We have 2 lenders here in Phoenix who can get loans closed (even in today’s market) in ten days or less. One of them even guarantees it. It is amazing to see other lenders, who work for shops that have a hard time getting a loan closed in 30-45 days, say it is bs. It is NOT bs as I have yet to see them not meet the 10-day close timeframe.
2) My Loan Officer Won’t Provide Me a Good Faith Estimate – When with the federal government stop over-regulating and making things worse. The have tried what, about 10 things in real estate over the last year to help consumers or to help the housing market? And pretty much everyone has been a disaster.
3) Cut foreclosures by slicing real estate fees – The foreclosure crisis is now the fault of the agent who charges too much commission. Al Lewis, excuse my French, but you are moron! The buyer deserves representation in the market and both the buyer and seller deserve full time professionals who can go to bat for them. Are you also out there also wanting to dictate how much a doctor can make for a procedure or how much a columnist receives for a poorly thought out article? There is nothing secret or hidden about our commissions, they are all in our contracts and on the HUD-1s.
4) Outdated Sales Tactics Remain the Norm – Some people (many that is) get caught up in what they have always done and hate change.
5) Don’t Hate Me ‘Cause I’m NAR – Good to see some members of NAR out there interacting with agents and listening to them.
6) Can I submit an offer on a short sale property while I keep looking? – This is a great question that all agents need to answer and one of the reasons on my short sale listings I require a deposit with the accepted offer.
7) Loan Originators: Stop Your Crying…Let’s Love the Good Faith Estimate – How good is Rhonda when it comes to the new GFE? She makes the top 10 list twice for the same subject in the same day. But she has a point here, we can all hate it, but it is here and we need to deal with it.
8) Don’t Get Short With Short Sales – Look Harder – Lesley and I must have been sharing the same brain wave yesterday as I did my blog post on which is a better day short sale or foreclosure. We both come to the same conclusion, if you have a time frame to be in your house then a short sale is not probably your best option, but if you have time to wait big deals can be had.
9) 35 Questions and Suggestions to help you sell your home faster – Some good advice for sellers on what can help their house sell quicker.
10) Knuckleheads beware: Real estate is changing – Is there anyone in the business that really makes you think more than the guys at 1000watt blog? Let me help you, no there is not.
{ 2 comments… read them below or add one }
FYI…I only recommend lenders who can close in this time frame. I don’t necessarily require it on every file, but if your lender can’t step it up when called for, you need a new lender. Big box lenders have great marketing and really cool folders, but you need someone who actually picks up the phone and can walk over and talk to the processor or underwriter to make sure the file is moving along…not send an inter-office memo to Ohio.
.-= Kristin LaVanway´s last blog ..The Gloves Are Off, Folks…Watch Your Back =-.
Amen Kristin!!!!