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  • Rain City Mortgage Rates (17)
    • synthetik: ALERT: if you are planning on closing a mortgage with loan amounts of $417,001-$567,500 by the end of the year, you are a freaking moron. Deflation folks....
    • ARDELL: Sorry, thought sampai’s comment was on my post where we were talking about his condo post. Didn’t mean to hijack your post, Rhonda :) I’m a...
    • Kary L. Krismer: Ardell, re #13, if that was in response to #10, what I was referencing was rapid appreciation over a short period of time, not absolute value. If...
    • Rhonda Porter: If your loan amount is over the conforming limits of $506k, you may be better off with a small local bank or credit union–there still is not a...
  • $7,500 1st Time Buyer “Credit” is a LOAN (33)
    • Kristi: I have a question, If we purchase a home and close on February 6, 2009 when will we recieve the $7,500? Right away, not until we file our 2009 taxes?
  • Did the recent market shift affect Hitler too? (28)
    • Kary L. Krismer: I don’t listen to enough of those people to know. Maybe Rogers? The problem is you need someone that’s consistently one position to...
    • Eleua: KLK, Would you care to name a particular “broken clock?”
    • Alan: Take a look at these quotes from Taleb: http://www.fooledbyrandomness. com/imbeciles.htm
  • Wells Fargo to Cut Jobs in Wholesale Lending (2)
    • Russ: Rhonda: You are correct. The true broker market is going to be decimated. There will not be any mom & pop broker shops anymore. All of the lenders are...
  • Nana needs a booster seat by tomorrow night (16)
    • ARDELL: The airlines are charging for every bag and item these days! We borrowed Joan’s, which was a blessing. It’s not even 2 p.m. of day one and I...

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Tag: Legacy-Escrow-Service

The Dustin Luther factor: Where it all began, sprinkled with blogging surprises

First, I don’t know about other’s experiences in blogging, but stumbling upon Rain City Guide over a year ago or so and Dustin’s introduction to me of the world of moving away from a static glorified business card (called a website) to that of the dynamic and interactive world of Blogging has had a tremendous [...]

CNN Money.com: Appraiser sues WaMu

The intersection of ethics and real estate meet again
As if WaMu didn’t have enough on its public relations plate, CNN Money reports:
Jeniffer Wertz, who is seeking unspecified damages, says WaMu stopped accepting her appraisals in mid-2007 a month after she reported that her local housing market in California was “declining.”
Evidently, Wertz claims that Washington [...]

What I love about this business: the people

Escrow is one of the toughest jobs in real estate, for a lot of different reasons. But, it is by far the most interesting from our experiences in that both Lynlee and I have sold (circa 1990) as licensee’s, bought and sold homes as homeowner’s and today as owners of an escrow company.
For example, [...]

“Hope Now” program to curb delinquency/foreclosures fraught with problems

The Hope Now program currently being proposed in the other Washington is designed to assist current homeowners with Adjustable Rate Mortgages (ARM’s) in which their ARM’s may adjust upward causing financial hardship. An issue of immense concern is how do you sift through the thousands of homeowners and qualify those who’s mortgages are [...]

Let Brokers charge what they want. Do away with YSP.

Couldn’t the whole yield spread premium (YSP) debate with all the trimmings end with a simple solution such as allowing the broker to charge whatever they want? Let the free market sort it out. Certainly lenders would have to be on board and do away with incentives or change them somehow, [...]

Blog Wars: It’s everywhere.

The last month has been educational for me in a lot of ways about our industry and confirmed a lot of my thoughts, both good and bad. There is a lot of passion out there in the blogosphere and out in the work place. The one nugget I always come away with [...]

Common myths & misconceptions of Escrow.

Please do not construe this as legal advice, it is not. The sampling below is general in nature and is referencing common escrow misconceptions we see in the course of conducting business.
Here are a few to get started.
1) Escrow firms produce and verify the validity of Legal Descriptions.

Incorrect. In a sale it is the [...]

It’s Stormy out there, but we are having fun!

OK, so it’s stormy and gloomy outside and there are blogger civility issues going on. The stock market gloomy today? Oh yea, that too. But,we are having fun! What are you doing around the office to keep things bright and morale high?
We’ll, someone had a birthday at our office and her [...]

Does the NAR & the Big Brokers really want to fight The Blogosphere?

There have been a lot of discussions lately regarding Blogging, both it’s merits and potential for fallout on many levels. The problem with trying to keep Blogging under wraps: If you do, you have the potential for political backlash, both from the agents that build the brand of the broker (Re/Max, Windermere, [...]

Inspiration is everywhere if you decide to let it touch you.

There is nothing better than an underdog. Meet Paul, a phone salesman from Wales. This will blow you away. (need sound for You Tube)
The gentleman below inspires me everyday I drive to work. He is disabled and uses a broom to help support him and keep himself from falling while [...]