You know the drill. You and your siblings pile in your parent’s 1982 Chevrolet station wagon for the long 10 hr. drive to the summer vacation hot spot. Lots of games took place and many were invented to pass the time: Hold your breath through the tunnel, Stratego [...]
Entries in Category 'Opinion'
Stare Down: who blinked first? The loan officer or the borrower?
April 2nd, 2008 · 26 Comments
Categories: News · Opinion
Tags: Good Faith Estimates, mortgages, S-Crow, Settlement Statements
Bill Virgin: Homeownership has been oversold
March 27th, 2008 · 44 Comments
Over at the P-I earlier this week, Bill Virgin chimed in on the housing mess again with yet another well-reasoned column: Homes are good investments, not slot machines or ATMs.
In the great American sport of finger pointing and blame shifting, a new villain has emerged to explain the mortgage-finance crisis.
The fault, it turns out, lies [...]
Categories: Opinion
Tags: affordability, economy, Financing, Virgin
Snohomish Co. update & thoughts
March 26th, 2008 · 19 Comments
Sorry no stats or graphs from me, just in the trenches reporting.
Snohomish Co. Update:
My wife is off providing sterling service tonight in Issaquah for clients who are buying/selling a home, (yes, we do business all over) so I’ve got some free time to do a bit of blogging and research.
There are a quite a few [...]
Categories: News · Opinion
Tags: affordability, Financing, Legacy Escrow, markets
Time to crank some Foo Fighters: Would you please shop for loans people. Please.
February 7th, 2008 · 19 Comments
It is important that consumers who are buying homes or refinancing understand that until a fiduciary relationship (one where the loan officer is working in the best interest of the borrower) becomes law, you are on notice that by not shopping you could be paying hundreds of dollars more per month than need be and [...]
Categories: Opinion
Tags: predatory lending
Ever met someone who likes to play with live grenades? Here’s somebody: Agents Who Originate Loans
January 26th, 2008 · 22 Comments
This is not really new news for many of you , but the story circulating around news organizations and blogs about a buyer who has filed suit against their agent mentions a twist. Aside from the main story is the “smaller” issue that the agent evidently also arranged the buyers financing. At [...]
Categories: Opinion
Tags: advice, escrow, mortgages, S-Crow
Consumers wish list
January 24th, 2008 · 154 Comments
The inspiration for this post is from the existing homeowners, prospective homeowners and allied real estate professionals that have corresponded with me and commented on this blog over months past to the present.
I’ve learned and received much more than I’ve provided on this blog I assure you, but the common theme I’ve come away with [...]
Categories: Opinion
Tags: advice, affordability, experts, Financing, lending, S-Crow
