ARCHIVED BLOG POSTS

2010 

  This morning, Karen Fiddler posted Pipeline Building.....Compassion, Generosity, Intelligence, which I found to be a really great post.  So much so that it inspired me to post my own thoughts on this particular subject.  I am a Mortgage Loan Originator (MLO) and have been for eight years now. ...
06/30/2010
In Part 1, I provided some background info on what happens with most mortgages after the close of escrow and in Part 2, I explained what depository lenders were and some of the pros and cons of those types of lenders.  In Part 3, I want to continue with explaining the different types of lenders. ...
06/28/2010
In Part 1, I provided some background info on what happens with most mortgages after the close of escrow.  The reason I started with this is because I wanted to show that regardless of what kind of lender you choose to get your loan from or the mortgage loan originator (MLO) you choose to use, al...
06/26/2010
You've decided to take the leap into the current real estate market and make the move to buy a home.  For many of you, it will be your first home and for others it may be a larger home (after selling your current home).  For some, it may even be a second home where you and your family plan to spe...
06/24/2010
I really liked this post by fellow AR member Candice Donofrio.  So much so, that I just had to reblog it. So often, I get emails and/or calls from prospects demanding to get the same loan terms that someone they know got in some other part of the state or country.  It's moments like this that I'...
06/22/2010
Yes folks, that's me with another commission check that was a direct result of my AR blog.  Last year, I received a call from a local Realtor (not an AR member) who indicated that she had come across one of my blogs about a local down payment assistance program here in Los Angeles county.  She to...
06/20/2010
Located in the Graham neighborhood of Los Angeles, this fully restored, energy efficient 5bd/3ba duplex is ideal for the large, extended family.  This lovely duplex features a 3bd/2ba home with an updated kitchen and bathrooms that have granite counters, new cabinets and new tile flooring.  There...
06/17/2010
This afternoon, the Senate approved a plan give the first home buyer's federal tax credit ANOTHER extension.  If approved, the additional three months would be allowed so that buyers who qualified for the tax credit by signing contracts before the April 30th deadline can complete their escrows. ...
06/16/2010
Right now, there are four properties in Simi Valley that are eligible for up to $200,000 in down payment assistance.  All of these homes featured have been remodeled and/or upgraded and are NOT like all the other run-down, dilapidate dumps you've been seeing.  Furthermore, none of these propertie...
06/15/2010
I really like the way that Gary has outlined the licensing requirements between SAFE Act MLO's and Bank MLO's.  Although he has posted the info as it pertains to the AZ requirements, here in CA, many MLO's must also be CA DRE licensed and that include an additional 45hrs of continuing education e...
06/13/2010
Rainmaker
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Donne Knudsen

CalState Realty Services
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