EverNote and The Art of Organization

There are many advantages to the free account, but you can go premium for only $45/year. The difference is significant in the amount you can upload, the fact that you can edit the saved documents, the advanced encryption, and the ability to retrieve your data from any of your devices.

At the end of the day, EverNote works and it’s cheap….two essential criteria for any technology!

Real Estate Contracts and Mortgages

At this point, our industry has become an exercise in vigilance and maybe that’s not the worst thing. You just have to make sure that you hire the very best Realtor, mortgage lender, and home inspector possible so you know they are staying current on the stuff that changes daily to ensure that you’re equipped for every eventuality.

At the end of the day, this is no “fill in the blanks, sign here, and submit industry”…we’ve become a “you’ll-shoot-yourself-in-the-foot-unless-you-learn-how-to-stay-a-couple-of-steps-ahead-of-absolutely-everything” kind of industry!

Real Estate Contracts – It’s Just Business…Nothing Personal

Call it dirty pool, but if discovered these “extras” will have to be appraised by an estate appraiser. Then the mortgage loan amount will potentially be reduced to compensate for the value of the goods. On top of that, since such an appraisal is a fee-based service, it will hit the borrower’s pocket as just another cost of the transaction.

Mortgage Loans and Seller Paid Contributions

Here we go again! In the mortgage industry, mortgage brokers have seen as many interpretations of rules as there are actual rules that govern the home mortgage business. Seller paid contributions (money that can be allocated toward buyers’ expenses of everything from closing costs to pre-paids to escrows and are paid out of the sellers’… Continue Reading Mortgage Loans and Seller Paid Contributions

Mortgage Loans and Scapegoats

As a mortgage broker in Tampa Bay, I’ve said it again and again, many factors contributed to the housing market mess. While placing home buyers in ill-fitting mortgage products and lending to others with reckless disregard for the risks they brought to the closing table are definitely two of the factors, they are not the… Continue Reading Mortgage Loans and Scapegoats