Search Results for wartag:searchlightcrusade.net,2024:/mt//feed/war2024-05-05T06:50:22ZMovable Type 4.21-en130111301The Biggest Risktag:gockel.hmdnsgroup.com,2006:/~searchli//3.24752024-04-22T14:00:00Z2024-04-22T13:01:50ZDan Melsonhttp://www.searchlightcrusade.net/
If you've been around the financial planning business any length of time, you've likely run into the saying "The biggest risk is not taking one." It is endemic to all financial instruments, indeed, all investments, that return is the reward...
First Time Buyer Programs: The Mortgage Credit Certificate (MCC)tag:www.searchlightcrusade.net,2008://3.38052024-04-15T14:00:00Z2024-04-15T15:36:09ZDan Melsonhttp://www.searchlightcrusade.net/
This is a nationwide program for first time home buyers that helps them qualify for the loan by saving them even more money on their tax bill. With that said, however, the state of California accounts for more than 50...
Buyer's Agency, Due Diligence, and the Illusion of Comitytag:www.searchlightcrusade.net,2009://3.48532024-04-01T14:00:00Z2024-04-01T12:38:30ZDan Melsonhttp://www.searchlightcrusade.net/
Somebody sent me this story via e-mail: Feeling Misled on Home Price, Buyers Sue Agent Marty Ummel feels she paid too much for her house. So do millions of other people who bought at the peak of the housing...
How Can Buyers Get the Lowest Possible Price on the Best Possible Property?tag:www.searchlightcrusade.net,2009://3.48522024-03-25T14:00:00Z2024-03-25T17:03:30ZDan Melsonhttp://www.searchlightcrusade.net/
The first piece of advice I have for buyers who want to get a fantastic bargain is to find a good buyer's agent. Nothing else will make as much difference as a good buyer's agent who is dedicated to...
How to Sell Your Home Quickly and For The Best Possible Pricetag:www.searchlightcrusade.net,2009://3.48462024-02-26T15:00:00Z2024-02-26T15:03:35ZDan Melsonhttp://www.searchlightcrusade.net/
There's really nothing mysterious about this. There are some subsidiary tricks and issues, but the most important thing is obvious. The economic games theory is crystal clear, as is the research into what really happens. But most people don't like...
Real Estate Agents and Mortgage Loan Officers Don't Want to Competetag:www.searchlightcrusade.net,2009://3.48452024-02-19T15:00:00Z2024-02-19T12:58:57ZDan Melsonhttp://www.searchlightcrusade.net/
It's the same reason the phone company doesn't want to compete, General Motors doesn't want to compete, Wal-Mart doesn't want to compete, Disney doesn't want to compete, and Microsoft will do everything in its power to appear as if it...
Buyer's Markets: Time for Listing Agents To Earn Their Moneytag:www.searchlightcrusade.net,2008://3.37672024-01-15T15:00:00Z2024-01-15T18:40:47ZDan Melsonhttp://www.searchlightcrusade.net/
One of the most common things I'm seeing as I roam about the East County looking for bargains: Agents not doing their jobs. Even when there were 40-plus sellers per buyer, single family detached homes that are priced appropriately were...
The Future of Real Estate Agency is Expert Consultants, Not Controlling Market Accesstag:www.searchlightcrusade.net,2009://3.48412024-01-01T15:00:00Z2024-01-01T17:01:17ZDan Melsonhttp://www.searchlightcrusade.net/
Expertise and attitude, not control of an informational chokepoint, is the way that things are going. Let's analyze this from both sides of the problem. The current owner looking to sell really needs a marketer. For better or worse, most...
Fear and Greed, or How Did The Housing Bubble Get So Big?tag:gockel.hmdnsgroup.com,2006:/~searchli//3.24562023-12-18T15:00:00Z2023-12-18T15:48:25ZDan Melsonhttp://www.searchlightcrusade.net/
(This was originally written February 16, 2006, but it's relevant still) One of the occasional questions I get from people has to do with why the housing bubble got so big (or if you're one of those still in denial...
Why Do Lenders Sell Mortgages?tag:www.searchlightcrusade.net,2008://3.37632023-12-12T15:00:00Z2023-12-12T16:07:11ZDan Melsonhttp://www.searchlightcrusade.net/
When and Why does a Mortgage Company Sell your Current Loan to another Mortgage Company? Lenders sell their loans because the lender can make an immediate premium of anywhere from 1.5 percent to four percent by selling your loan...
Deciding Not To Pay The Buyer's Agent When Sellingtag:www.searchlightcrusade.net,2023://3.55202023-12-04T15:00:00Z2023-12-04T16:45:29ZDan Melsonhttp://www.searchlightcrusade.net/
A recent court case wherein it was decided that seller's have the right not to pay the buyer's agent (well DUH!) created a lot of furor. The truth is this has been well-established in law and precedent for I don't...
Full Service Agent For Discount Price? Demand Specifics!tag:www.searchlightcrusade.net,2009://3.48392023-11-27T15:00:00Z2023-11-27T13:22:45ZDan Melsonhttp://www.searchlightcrusade.net/
There is no such thing as a free lunch, but lots of people will pretend there is. It seems to me that many people consider compensation earned by real estate agents as paying some kind of toll. They think of...
What Do You Mean Back To Basics?tag:www.searchlightcrusade.net,2009://3.48372023-11-13T15:00:00Z2023-11-13T14:18:25ZDan Melsonhttp://www.searchlightcrusade.net/
For a period of several months when the market started imploding, I got mass messages from basically every lender I do business with, saying it's time to "get back to basics". My favorite A paper lender became the last to...
Mortgage Loan Rate Lockstag:gockel.hmdnsgroup.com,2006:/~searchli//3.24522023-10-30T14:00:00Z2023-10-30T12:59:50ZDan Melsonhttp://www.searchlightcrusade.net/
One of the most true sayings in the mortgage business is, "If you can't lock it right now, it's not real." But many mortgage providers will play a game of wait and hope. They tell you they have a certain...
Getting Another Mortgage Loan After A Short Saletag:www.searchlightcrusade.net,2009://3.48352023-10-23T14:00:00Z2023-10-23T16:28:51ZDan Melsonhttp://www.searchlightcrusade.net/
Our home isn't worth what we owe. So say you were just an average person selling and buying a house, meaning you put your house up for sale, get a contract to purchase on it then go put in offer...
Quitclaiming Property with a Mortgagetag:www.searchlightcrusade.net,2009://3.48342023-10-16T14:00:00Z2023-10-16T15:14:22ZDan Melsonhttp://www.searchlightcrusade.net/
I am currently living with my parents and they wish to deed of gift their house to me but they still have a remaining mortgage on it. Is it possible to do this or do they have to pay off...
Multiple Mortgage Inquiries Do Not Drop Your Credit Scoretag:www.searchlightcrusade.net,2007://3.37412023-09-11T14:00:00Z2023-09-11T15:27:56ZDan Melsonhttp://www.searchlightcrusade.net/
>broker incurred 19 inquires in 1 week dropping my score. B.S. I'd go the full Penn and Teller on this one if I wasn't trying to stay family friendly. The law is clear on this one, and practice is fully...
Do You Really Want to Lower The Body Count, or Do You Just Want to Ban Guns?tag:www.searchlightcrusade.net,2023://3.55022023-08-28T14:00:00Z2023-08-28T15:58:50ZDan Melsonhttp://www.searchlightcrusade.net/
Several people on the political left in the wake of Jacksonville (or any other shooting): Can't we please agree something needs to be done about firearms? Neither I nor any other gun rights activist I'm aware of has a problem...
Yield Spread is a Beneficial Tool That Can Be Misusedtag:www.searchlightcrusade.net,2009://3.48312023-08-22T14:00:00Z2023-08-22T15:10:03ZDan Melsonhttp://www.searchlightcrusade.net/
If you read the papers and the congressional record on the housing crisis, you might think yield spread is the central culprit for the entire meltdown. You would be wrong. Yield spread is a beneficial tool, offered voluntarily by lenders,...
Manufactured, Modular, and Site-Built Homes: How Lending Practices Drive the Sales Markettag:www.searchlightcrusade.net,2007://3.37312023-08-14T14:00:00Z2023-08-14T16:21:44ZDan Melsonhttp://www.searchlightcrusade.net/
Many people are unaware how profoundly lending policies influence the market for residential property and the various kinds of housing and methods of construction. So I am going to go over the various gradations in available loans for various types...