Caroline Woods (Naperville, IL)
By William Piotrowski
(Diamond Residential Mortgage Corporation )
 "Just WIN baby!" That's one of my all-time favorite football quotes from the late Al Davis, Hall of Fame owner of the Oakland Raiders. His mantra was simple, "whatever you do, WIN!"Here's your challenge: In everything you do today, judge it simply by winning and losing. Did my closing disclosure get out 5 days in advance? If yes, you win! If no, you lose! No excuses. Don't try to explain what happened. Don't blame someone else. Accept the situation for what it is, a loss. Now, do whatever you have to do to make a change. What can you do to make it a win?Did I hit my goal of five applications this week? If yes, you win! If no, you lose! Again, accept the situation for what it truly is. What HAS to change to make it a win?   Another favorite quote of mine is from Bill Parcels, another Su...
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By William Piotrowski
(Diamond Residential Mortgage Corporation )
   Astronomical Rental Rates Are Changing the Housing Market Across Chicagoland, renters are paying an increasingly higher price for their temporary homes. The real problem, however, is that these rates are outpacing their income growth. Experts across the country agree that a major change is coming this year, one that will greatly affect buyers and sellers.BuyersAs former renters flood the market in 2016, housing demand will skyrocket. To be successful in such competitive circumstances, buyers will need to be well prepared to make quick, efficient decisions. With the "Know Before You Owe" mortgage rule in effect, it's more important than ever to have a solid preapproval in place before making an offer. This will make a potential buyer more attractive to sellers and more likely to win a...
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By William Piotrowski
(Diamond Residential Mortgage Corporation )
  What Goes Into Your FICO Score Lenders use the FICO Score to help them determine the terms, conditions, and amount of your mortgage loan. The data that FICO considers in calculating that credit score falls into five categories, with the following average weightings... Payment History--35%  How you've handled credit cards, retail accounts, installment loans, finance company accounts, mortgages, etc. FICO also looks into public records such as bankruptcy, wage attachments, and collections. For payment delinquencies, they want to know, how much, how many, and how long ago they occurred. Amounts Owed--30%  What you owe, what types of accounts, and how many. The percentage of your credit line your balances typically use. The percent of the principal still owed on installment loans. Length ...
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By William Piotrowski
(Diamond Residential Mortgage Corporation )
 I was going to deliver presents on the 25th of December as usual, but due to hidden messages within TRID, I now have to follow proper guidelines. That being said below is my revised holiday schedule. Please make sure you submit your initial list at least 14 days prior to the 25th. This list will be called your IPD (Initial Present Disclosure.) You will then have 3 days before the expiration to modify or change that list. If you change your IPD wish list, my EDT (Elf Disclosure Team) will send you a COCPL (Change of Circumstance Present List) which must have a valid reason such as, “I no longer want a waffle maker, but would like a healthy shake maker instead.” At that point, once everything is confirmed, we will issue you a final SPD (Santa Present Disclosure) which will go out to ever...
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By William Piotrowski
(Diamond Residential Mortgage Corporation )
Thanks Fred and Maureen for believing in me when your mortgage person could not get the deal done and giving me a shot to get it done for you!!!May your Holiday memories be Joyful this season. Happy Holidays from our Family to Yours.  
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By William Piotrowski
(Diamond Residential Mortgage Corporation )
  I wish everyone a very Happy Thanksgiving and hope you all get to spend a lot of time with people that matter the most to each of you.       
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By William Piotrowski
(Diamond Residential Mortgage Corporation )
  Prepping Your Home for Winter Weather             As winter approaches, the weather changes across the country. Whether your winter season consists of frigid temperatures or the start of the wet season, we’ve got some ideas for getting your home ready for the change of seasons. Keep out the wet and cold. Weatherstripping is a fast and easy place to start. Check seals around outside doors and windows. Purchase foam insulation made specifically to fit behind the plates of light switches and outlets. Check with your local power company to see if they offer a free energy-efficiency checkup — most do, and you can learn exactly where your energy dollars are being wasted. Set the thermostat. Investing in a programmable thermostat is a smart move. You’ll never forget to turn down the temperat...
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Naperville, IL Real Estate Professionals