ARCHIVED BLOG POSTS
2014
29
Comments
Want to be a Successful Agent? Learn to LISTEN Melissa Zavala’s May contest What Does it Take to be a Successful Agent These Days? asks us to devote an article to the one principle that would make a successful agent. I have not been a real estate agent since 2010 but I don’t think that matters ...
05/24/2014
Now This is What I’m Talkin’ About! Thank you OCAR!! The Orange County Association of REALTORS® has launched a campaign to educate condominium associations as to the benefits of getting the association approved with FHA and the VA. Amazingly, this is the same message that I have been working to...
05/22/2014
6
Comments
This is the Perfect Career for Me Yesterday, a condominium attorney called to ask how certain leasing restriction language would impact an FHA condo project approval. During the conversation, it dawned on me that this is the perfect career for me. I get to do so many various aspects of business ...
05/21/2014
A Unit Owner's Compelling Argument for FHA Condo Approval Recently, a loan officer-friend of mine contacted me about a few buyers with whom he is working. The buyers are looking to move out of their condo units and buy single-family homes. The problem is that they have thus far been unsuccessfu...
05/20/2014
Pleasant Hills Condos APPROVED in One Month…and Four Years This week, Pleasant Hills Condominiums in South Windsor, CT, was approved with FHA to become the tenth condominium (out of 32) to be approved in the town. And it only took one month…and four years. Let me explain... Just over four years ...
05/19/2014
Part of the challenge that I face is effectively demonstrating to condominium Boards of Directors the need to obtain and maintain their FHA condo project approvals. I spend hours every month compiling MLS data to show that units in FHA-approved projects sell rather than expire and sell faster ...
05/19/2014
13
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“You’re the Condo Guy Now.” Will I Sink or Swim? In 2009, I was in the midst of a divorce battle with the mother of my two boys. I had just let my mortgage broker licenses expire and was working for my good friend, Joe Petrowsky of Right Trac Financial Group. My credit was in the toilet and my ...
05/18/2014
What is an FHA “Spot Loan” and Why Can’t I Get One? FHA Spot Loans were mortgage loans that were allowed in condominium projects that were not on HUD’s approved condominiums list. The lender had the ability to approve a single loan on a condominium unit in a project that was not approved by ...
05/18/2014
47
Comments
Biting the Hand That Feeds Me I posted an article yesterday titled Real Estate Agents are Lazy. The title certainly did its job and resulted in lots of clicks. The content of the article produced many comments from both sides. I was warned to be cautious not to bite the hand that feeds me. The...
05/18/2014
Kathleen Daniels is a highly skilled and experienced real estate broker in San Jose, CA, who is a Probate Specialist. She and I must have been receiving the same signals recently as we wrote similar articles at the same time. Her article below discusses that the California Civil Code provides ...
05/18/2014
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