Rarely ever at a loss for an opinion....  August 9, 2010 TOP 5 INDUSTRY CHANGES/TIPS: Empower yourself with knowledge and eliminate anxiety from your homebuying process: 1. Tax returns are required on all transaction types whether you are an employee of a company or self
employed. 2. Appraisals are now being regulated via Home Valuation Code of Conduct (HVCC) and are
ordered through a third party vendor. Allow 3 to 7 business days for this part of the transaction in your
home buying or selling process. 3. Credit reports are now being pulled on all borrower's in a transaction at closing. Traditionally,
this has been done at initial underwriting only. Please remember this and do not open any new credit lines until your transaction has closed. Credit scores are a very sensitive part of the underwriting approval process
and can prevent closing should they change. 4. Three paystubs are required in the underwriting process for W-2'd employees. Traditionally, only one has been required. 5. Please realize interest rates are low right now but do fluctuate quite often and are subject to change on
a daily basis. If you are seriously considering buying and rate is a strong factor, understand rates change daily.
August 8, 2010 Here is some food for thought. What do you consider the top 10 problems facing humanity over the next 50 years? Is it global warming, enough food to feed the masses, or the control of the world's population growth? The link below will take you to an article written by Dr. Richard Smalley regarding his list of the top 10 problems facing humanity. See if you agree! Then, go back and read it again and ask yourself what you are doing toward addressing at least one of these problems. http://energysos.org/ricksmalley/top10problems/ On a lighter note......on this date 36 years ago before a group of our family and friends, we became husband and wife!
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March 8, 2008 Today is the Day! Walk With Me around Bachman Lake to raise money for Easter Seals. Carrollton has an Easter Seals facility on North Josey. The contribution to our community for both adults and children is amazing! Carrollton Easter Seals Trinity Center
4443 North Josey Lane, Suite 100
Carrollton, TX 75010
972.394.8900 (Phone)
972.394.6266 (Main Fax)
Hours: 8:00am-6:00pm M-F
March 10, 2007 One of my clients sent the quote below to me. She said it fit my ability and attitude as a Realtor which was one of the nicest things that anyone has ever said about me….and a tall order! I am blessed that I have a "job" that I really like. I am striking out as a blogger with a some fear and trepidation. I tell people that I was a math major by default; I couldn’t write or spell! This is a new format for me to get out a few opinions about real estate, the economy, causes, and anything else I would like to write about. So maybe I am entering the great world of worthless opinions and time wasting that is often The Internet. I guess time will tell. "Excellence is the result of caring more than others think is wise, risking more than others think is safe, dreaming more than others think is practical, and expecting more than others think is possible." ~ Author unknown
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About Appraisals >Working With Appraisers
After the buyer and seller come to a "meeting of the minds" on the price of a house, there is one more person who must be convinced that the house is worth the selling price--the mortgage company's appraiser.
The appraiser looks for three similar houses that have sold in the same area within the last several months, and compares the selling prices of these homes with the one that is now on the market. The appraiser makes adjustments to account for the differences in each property, and averages the adjusted prices of the other three homes to arrive at a final opinion of value. In subdivisions or condominium projects where there are many similar properties and numerous recent sales, the appraiser's job is relatively easy. In neighborhoods of older homes that have been renovated or remodeled over the years, it can be like comparing apples and oranges.
If the appraiser's evaluation is lower than the selling price, it can stall the transaction because the lender may decline the buyer's loan because of the discrepancy. A real estate agent can work to minimize potential delays associated with the appraisal process by helping the seller to price the home as close to fair market value as possible.
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What famous example of post-colonial architecture is modeled after the palace of the Duke of Leinster in Ireland?
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The White House in Washington, D.C., begun in 1792 and burned by the British in 1814, was rebuilt in 1818 and restored in 1951.
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- NUMBER1EXPERT™ 
