This is part four of a four-part series of blog articles about the subprime mortgage problems. In part one I sketched the rise and fall of subprime loan products and their relation to predatory lending practices within a capitalist system. In part two, I examined the structural relationship between a professional and his or her […]
Posted on May 12th, 2007 by admin
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Continuing on my adventure of trying out different themes each day, I thought I’d try a multi-media Friday…
And zefrank leads us off with an interesting video about place and context via a tour of Vegas:
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Athol continues on his quest to collect the worst of MLS photos… This photo highlighting the […]
Posted on May 12th, 2007 by admin
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The other day when I wrote this article regarding “THE” Valuation Tool, I was talking about the one in my head.
When training new agents I give these instructions. Go to Broker’s Open Houses and Sunday Open Houses and vacant properties. Keep a three ring binder and put a printout of each property you visit in the […]
Posted on May 11th, 2007 by admin
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Note: I should have titled this post: ”LPMI, PMI and Piggy Back Mortgages…Oh My”. I just realized my error thanks to Bill’s comment. My bad…my apologies! And there’s no way for me to 80/20 in the title.
LPMI (Lender Paid Mortgage Insurance) is one of my favorite mortgage products to use for clients with less than 20% […]
Posted on May 11th, 2007 by admin
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After a Wacky Wednesday, I thought it might be time to return to real estate technology…
ShackPrices adds mass transit to their listing search and Greg continues to be impressed… (so am I)
USA Today provides an idea for a potential update to ShackPrices… What if Galen included the emotional map of each area?
Speaking […]
Posted on May 11th, 2007 by admin
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“I was told at work that if I see even ONE house with an agent, that agent becomes MY agent.”
It’s a scary thought that seeing one single house with an agent, locks you into some kind of long term unwritten contract with that agent. I have heard the quoted statement more than once from my […]
Posted on May 10th, 2007 by admin
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The whole ruckus over the NWMLS no longer sending its member’s listings to realtor.com inspired many unlit pixels of commentary and many more wasted bytes of hard drive space. As I pondered a while ago, the industry appears to have a healthy appetite for technology. However, one of the comments was really insightful….
I still […]
Posted on May 10th, 2007 by admin
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Will Hicks lets us know that there are plenty of US embassies still on the market…
Ron Ares leads us to the ultimate real estate ethics guru: Ted Truitt
Because Flipping should only be practiced by professionals…
How not to show a home…
It’s the little things that get so darn messy…
If you’re willing to follow, Marlow […]
Posted on May 10th, 2007 by admin
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When ever I’m working with a home buyer who may be considering new construction, I know I might lose them to the builder’s in house lender. Often times the builder will offer an enticing credit to the buyer’s closing costs only if they obtain their financing from the builder’s preferred lender.
How can having a Loan Originator […]
Posted on May 6th, 2007 by admin
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