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  • The Crackberrys are coming to Real Estate by a Storm! (14)
    • Rhonda Porter: I’m so happy with my brand new Blackberry Storm! :) The click-screen is the best. I tried using the iPhone at apple when I was sick of my...
    • Greg Russell: Jim, We will be supporting the Storm with our eKEY software. Because it does have a different user interface from other BlackBerry devices, it may take a...
  • Two Flaws with the new Good Faith Estimate (8)
    • Bela: I’m sure we can all get used to the new form, but I’m not sure it does anything to address the problem of borrowers taking loans they don’t...
    • ARDELL: For as far back as I can remember, my clients have enjoyed seeing the info on a mock HUD 1 before they make an offer. This way what they see at the end matches...
    • Jeff: I won’t use the current GFE too….I use Calyx Point….I’ll just create a customized doc that with do the same thing as the bottom section...
    • Rhonda Porter: Jeff, I forgot to thank you for pointing out the payment is under “summary of your loan” however, as you mention, it does not break out...
  • Nana needs a booster seat by tomorrow night (14)
    • ARDELL: tj, It’s been so long since I’ve had child safety seats in my life. My sister who lives here is gay, and while she’s a genius at many things,...
    • tj: And to be sure there is no misunderstanding in such an important matter, the tip applies when you attach a seat that has it’s own harness using the...
  • HUD Passes RESPA Reform, New GFE Coming in 2010 (45)
    • JM: The 10% increase only comes into play if you “identify” the service provider. HUD wants to give the consumer control of the process, which is fine. The...
  • Predatory Upfront Loan Modification Fees (207)
    • Tanya: I have been a LO for several years. I didn’t put borrowers in homes they couldn’t afford. I didn’t charge prepayment penalities for my profit....

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Tag: home

Speaking of Trojan Horses!

After reading John Cooks blog, ‘Beware of what you post on Zillow?‘ I started to think, how much is to much??? Much like my last post about the ‘Trojan Horse‘ are we all becoming so connected that it makes sense for the County Assessor to start using these tools as a way to fuel [...]

Beginning the Home Buying Process - Part 1

My friend “Matt” is a first time buyer beginning his home search/buying process. That is not his picture, or his real name, of course. By giving him anonimity, I can take him through the steps here on RCG, so that others can follow along with us. Think of it like a board game. The “Matt” [...]

Negotiating the Buyer Agent Fee

Greg Swann over at Bloodhoundblog wrote a lengthy piece on his feelings with regard to changes that are needed in the real estate industry.
I happen to be writing an offer as I write this, actually waiting for a buyer client to come over and sign it, who was the first client with whom I [...]

Would you lie for God?

Yesterday’s theme was PreFab, today I’m back to simply providing links to 10 interesting real estate conversations…

Prosper is an online marketplace for people to lend money to other people. Shaun has been playing with Prosper and has some interesting observations.
I don’t agree with Mark’s conclusions, but I think he makes an interesting case [...]

Valuing Homes for Buyers

To some extent buyers, especially first time buyers, encourage receiving inaccurate information with regard to value and other home details, by asking the right questions at the wrong time.
Sellers understand that it takes time to work on a valuation. Rarely does a seller call and say, “I live at 123 Great Street, what is [...]

Why isn’t my house SOLD yet?

You have to be in the top three of your “price tier”. Being at the high end of your “price tier” is better than being at the bottom of your “price tier”.
Photos must all be good photos and must be ordered in “hook order”.
Stop looking at what is for sale and stop [...]

Doing Whatever It Takes

I have to admit that it felt a little odd, even to me, for us to be personally painting the kitchen of my newest listing. We, the owner and I, were getting his place ready to go on market. He had his hands full with his own projects that needed to be done [...]

Sales that “fall apart” on Home Inspection

Tim’s Comment: “What many do not realize is the extent and frequency in which commissions are reduced via credits to the parties at closing. It is very common.’While Tim raised this subject as if these credits were commission negotiations, and sometimes they are, more often these credits are how agents help the buyer and seller [...]

Our Home is Now Listed!

Our Home on Zearch
Our Home on Redfin

Our Home on Zillow

And despite the fact that we may not have Ardell’s magic open house touch, we are showing it on Sunday between 12 and 3PM as described in the open house listing on Trumba.
Update:

Our Home on Craigslist
Our Home on Google Base
More Info on RCG

I also [...]

Where do the kids sleep?!?

Whether you are a buyer or a seller, you really need to dig a little deeper when determining the value of a home. One thing I noticed when I first started practicing real estate in the Seattle area, is that almost no one digs deep enough when determining value based on “buyer profile”. [...]