tag:searchlightcrusade.net,2024:/mt//feed/scum 2024-04-28T20:38:08Z Movable Type 4.21-en 23 1 23 tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3237 2008-07-03T14:00:00Z 2008-07-03T13:48:33Z Dan Melson http://www.searchlightcrusade.net/ Dear Mr. Melson, I was wondering if you could offer some insight re: the other side of the equation: what to do *after* you've bought a vampire property. We bought one, quite by accident, despite a house inspection by... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3193 2008-05-05T14:00:00Z 2008-05-05T13:43:31Z Dan Melson http://www.searchlightcrusade.net/ I went out previewing properties a couple days ago. That particular client's situation being what it is, I was concentrating on vacant properties. But over half the vacant properties in that area had restricted showing instructions. "Call agent first," or... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3190 2008-05-02T14:00:00Z 2008-05-02T13:53:56Z Dan Melson http://www.searchlightcrusade.net/ My lender told me that there is an application fee? He said an application fee of $250 and then we'll need the appraisal fee and of course we'll need an inspection. Does all this sound legit, is there always... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3177 2008-04-10T14:00:00Z 2008-04-10T13:59:48Z Dan Melson http://www.searchlightcrusade.net/ I recently closed a mortgage loan. The loan officer told me there would be no prepayment penalty. When the documents came there was none and the loan funded and closed. Two weeks later I got an e-mail stating some... tag:gockel.hmdnsgroup.com,2006:/~searchli/danmelsonsite//4.3139 2008-03-07T15:00:00Z 2008-03-07T14:40:51Z Dan Melson http://www.searchlightcrusade.net/ Why doesn't real estate just sell for the asking price instead of having to go thru all the paper work...? Wouldn't it be easier to just put a price on it and sell it for that price? We don't... tag:gockel.hmdnsgroup.com,2006:/~searchli/danmelsonsite//4.3095 2008-01-30T15:00:00Z 2008-01-30T14:05:56Z Dan Melson http://www.searchlightcrusade.net/ Somebody asked, "What are my legal options when there's a change on a good faith estimate." Short answer: Sign the documents or don't. Same thing with a Mortgage Loan Disclosure Statement here in California. Neither one means anything binding; that's... tag:gockel.hmdnsgroup.com,2006:/~searchli/danmelsonsite//4.3073 2007-12-27T15:00:00Z 2007-12-27T15:07:48Z Dan Melson http://www.searchlightcrusade.net/ I got a question about "what does it mean if my loan is not funded after right of rescission?" It likely means your loan provider lied to you, probably from day one. Once you have signed documents, there shouldn't be... tag:www.danmelson.com,2007://4.3543 2007-10-03T14:00:00Z 2007-10-03T13:52:46Z Dan Melson http://www.searchlightcrusade.net/ I've been aware of this scam for some time, but with a larger than normal number of people in foreclosure or otherwise at the end of their rope, it's probably past time to cover this. It is a pure scam... tag:www.danmelson.com,2007://4.3529 2007-09-26T14:00:00Z 2007-09-26T14:02:01Z Dan Melson http://www.searchlightcrusade.net/ The negative amortization loan is a very popular loan with certain kinds of real estate agents and loan officers. It has two great virtues as far as they are concerned. First, it has a low payment, and despite the fact... tag:www.danmelson.com,2007://4.3501 2007-09-17T14:00:00Z 2007-09-17T05:42:26Z Dan Melson http://www.searchlightcrusade.net/ Every so often, I write about professional responsibility. Every month I get a couple of magazines because I'm a Realtor. In one of this months, was a letter from someone who was proud of the fact that he had never... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3461 2007-08-19T17:00:35Z 2007-09-07T22:41:26Z Dan Melson http://www.searchlightcrusade.net/ I was a little shy of ideas of stuff I wanted to write about, and too lazy to finish my research on some stuff I'm working on. But: I get the same junkmail and spam most of you folks do.... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3457 2007-08-16T17:00:11Z 2007-09-07T22:35:52Z Dan Melson http://www.searchlightcrusade.net/ This sentence is a textbook illustration of the most effective way to lie. Tell the truth, but not all of it. Not that I'm trying to coach habitual liars, but I am going to deconstruct this astoundingly dishonest claim that... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3430 2007-07-24T17:00:25Z 2007-09-07T21:31:38Z Dan Melson http://www.searchlightcrusade.net/ I read with great interest you article on the internet about pre-payment penalties. I find my self in a situation involving a pre-payment penalty and would appreciate your advice on this. I currently have a loan in which the... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3426 2007-07-21T17:00:19Z 2007-09-07T21:21:22Z Dan Melson http://www.searchlightcrusade.net/ Appraisers Petition Against "Make The Deal" I've spoken about these issues before in this post. I've certainly heard of plenty of abuse on both sides of this equation, and there is plenty of motivation for lenders to abuse the situation... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3420 2007-07-18T17:00:39Z 2007-09-07T21:14:46Z Dan Melson http://www.searchlightcrusade.net/ I found you on the Web after doing some research for my parents regarding short sales and foreclosures. I appreciate your straight talk regarding the whole loan and real estate process which I know they find incredibly intimidating. Right... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3410 2007-07-08T17:01:02Z 2007-09-07T20:19:40Z Dan Melson http://www.searchlightcrusade.net/ Hi, my name is DELETED, I need help. I bought a house (a few months ago) because my boyfriend persuaded me to. This was supposed to be a real estate investment between us. I put the house in my... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3407 2007-07-05T17:00:47Z 2007-09-07T20:11:14Z Dan Melson http://www.searchlightcrusade.net/ I am continually confirming that a large percentage of people can't handle negotiations like an adult. They focus in on garbage and ignore what's really important. I recently was going to deliver a loan that cost less, as well as... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3386 2007-06-18T17:01:00Z 2007-09-07T19:22:45Z Dan Melson http://www.searchlightcrusade.net/ One of the things that most mortgage and real estate consumers get mixed up on is the distinction between low-balling and junk fees. Junk fees are when they add fees that really aren't necessary to what you're paying. Low-balling is... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3385 2007-06-17T17:01:31Z 2007-09-07T19:18:03Z Dan Melson http://www.searchlightcrusade.net/ What can a seller do to get the deposit when the buyer backed out after the time limit and just won't sign off on the money? My real estate agent is not helping at all. The real estate office... tag:gockel.hmdnsgroup.com,2007:/~searchli/danmelsonsite//4.3322 2007-04-27T17:00:44Z 2007-09-06T00:15:46Z Dan Melson http://www.searchlightcrusade.net/ One of the things the place I work does to attract clients is advertise foreclosure lists to our clients. Several times a week, people call and ask for the lists, and we say, "Great! Just come on down, fill out...