“The Gift of Family”

“The Gift of Family”

 

It was my daughter’s birthday on the 28th and she was very specific as to what she wanted for her birthday. She wanted to spend part of the day with her sister Dava, Gail and myself

 PART_1414527988302_20141028_154828

She wanted to go to a corn maze and play. This one had 2.2 miles of trails. This is something I know and understand from my dairy farm days, as I have planted and cut thousands of acres to feed our cattle. I can tell you, we never created a maze, after this experience, we should have.

 

One of the goals was to find 6 locations, what a challenge. We laughed so much, it was ridiculous, but no matter we got the prize and found all of them. Once with the help of a little kid, who watched us go around in circles for a while. He must have felt sorry for us.

 PART_1414528088524_20141028_144723

We listed to so many laughing, kids saying what if we can’t find our way out and DON’T GET LOST. Now that really makes sense.

 

Afterwards we had a wonderful dinner at a Hartford restaurant, we stopped by to see Jill’s grandmother. How we did laugh, it sure is good for the soul. Here are some photos of all the evidence.

 

photo 1 

 

“Do Your Current Clients Use the Internet?” Part One

“Do Your Current Clients Use the Internet?”

 

 Part One:

 

 

I am always amazed how many of my current clients say they saw one of my blogs. Each time that tells me, I want to keep myself in front of them, all the time.

 

I hadn’t really given this any thought until this past weekend. One of my past clients sent me a email, saying that it had been a few years since I handled a refinance for him and wanted to make arrangements to get together. He wanted to make arrangements to meet on Monday. So an appointment was scheduled.

 stuart miles

During our meeting, he told me that he always saw my blogs in Linkedin and WordPress and that it was a constant reminder for him, that when he was going to purchase a new home, that he would be contacting me.

 

I handled the credit stuff and did a preapproval. He told me that he hadn’t yet decided on a Realtor, so I handled a referral for him. Since he wasn’t planning on living in the same area, so I also referred him to a Realtor in the area he was planning on moving.

 

Here’s the point, if you are in business today, are your clients seeing you, online? If not, when they are online, they might not remember you.

 

 

 

image courtesy of stuart miles/freedigitalphotos.net

“I Wasn’t Able to Get These Folks a Mortgage”

“I Wasn’t Able to Get These Folks a Mortgage”

 

I wish I was successful 100% of the time, that will never happen, but I will always give 100% effort. It was rewarding to receive the email below for the folks I couldn’t get a mortgage for. It made me feel a little better.

 

21pakorn

DEAR JOE,

 

BOB AND I WOULD LIKE TO THANK YOU FOR ALL THE TIME AND EFFORT YOU SPENT WITH US TO OBTAIN A MORTGAGE. WE APPRECIATE THE WAY YOU ANSWERED EVERY PHONE CALL AND EVERY QUESTION. YOU NEVER GAVE UP ON US AND ALWAYS MADE US FEEL IMPORTANT.

 

EVERYTIME YOUR NAME IS MENTIONED BY COUNTLESS COMMUNITY MEMBERS ALWAYS HAVE COMPLIMENTARY THINGS TO SAY. I TRULY BELIEVE THAT IF THERE WAS A MORTGAGE OUT THERE FOR US, YOU WOULD HAVE FOUND IT.

 

 

WE WERE FORTUNATE TO HAVE BEEN OFFERED A PRIVATE LOAN—SO WE TOOK ADVANTAGE OF THAT AND HAVE MOVED INTO OUR DREAM HOME LAST WEDNESDAY. I WANTED YOU KNOW BECAUSE YOU WORKED SO HARD FOR US.

 

image courtesy of pakorn/freedigitalphotos.net

“Mortgage Brokers Under Attack Again?”

“Mortgage Brokers Under Attack Again?”

 

I used to love to hear how the mortgage broker community caused the housing crash a few years ago. I love how much power we have or wish we had. This topic has been brought up to me many times and I would always ask if mortgage brokers created the loan products that were available at that time? OK, enough of that.

 1Gualberto107

The other day, I read an article that quoted James “Jamie” Dimon who said something to the effect of, one of the biggest concerns of lending these days is “Non-Depository” lenders, basically mortgage brokers. What an unbelievable idiot. Is he saying this because his bank is losing lots of business to mortgage brokers like me or is he still upset by the billions Chase paid in penalties? I just want to give him some “Free Advice” and you know what that is worth. “The mortgage brokers aren’t going anywhere.”

 

This morning I was reading another article that a couple of members of Congress want the Federal Government to look into this threat. The threat of non-depositories (non-banks) having to do with current lending practices. Someone needs to explain, no mortgage broker creates any mortgage products, we just offer the products that are available to the public.

 

 

Is this the type of threat that Congress is worried about these days. We have really done a pretty poor job electing some politicians, hopefully we can make some corrections on November 4th

 

image courtesy of Gualberto107/freedigitalphotos.net

“Evil Exploiting the Internet”

“Evil Exploiting the Internet”

 

Where is the internet police?  The internet is the vehicle used by groups like ISIS to enroll their future recruits. How is their not some system in place to immediately remove propaganda that encourages the destruction of you, me and all of mankind that doesn’t follow their ideology? If there is a system in place, why is it not being used? If there is not such a system in place, then one needs to be created immediately.

 

We cannot compete, groups like ISIS have mastered social media, much better than those of us that want to do something good in the world. When they continue to create lone wolves and recruits that want to make their way to Iraq, Syria and who knows where else. I wish I had the solution, but what we are currently doing doesn’t work.

 

There are midterm elections going to happen in a few days, please don’t take your vote for granted, your vote has never been more crucial. We can’t afford to be thinking that ISIS is like the JV team. I would hate to see what the varsity team would look like.

stuartmiles9898

 image courtesy of stuart miles/freedigitalphotos.net

image courtesy of stuart miles/freedigitalphotos.net

“Lots of talk about Relaxing Mortgage Guidelines”

“Lots of talk about Relaxing Mortgage Guidelines”

 

The final rules and guidelines, as a result of Dodd-Frank are being discussed and will soon be finalized. Dodd-Frank has done so much harm to this country and costs each and every consumer more to do everything, each and every day.

 

stuart2milesI knew we were in deep trouble just before this bill was voted on, when I was asked to participate with the following event. One of my competitors contacted me to find out if I wanted to sit in on a presentation by our local state representative who would be discussing the bill. Stupidly I accepted and listed to this talk about the bill and how important it was for our country. He then asked for questions. Since no one else raised their hand I decided to ask a couple of questions.

1) Did you read the bill? His answer was no.

2) You are planning on voting on this bill even though you haven’t read it? He answered yes.

3) So, could you explain to me, why I am being represented in this manner? He answered, I’m very good at what I do.

4) I guess it would make sense for me never to vote for you again? He said it was time to leave.

 

Unfortunately, he will most likely get re-elected, but in his next term, he won’t be able to do as much damage. Hopefully, at some point, acts like Obama Care and Dodd-Frank will get repealed. Both bills were passed in the name of protecting and helping the consumer.

 

Would I like to see many of the currently rules and guidelines be relaxed, you bet. We need to get  folks into homes that they can own and are being kept out of home ownership.

 

image courtesy of stuart miles/freedigitalphotos.net

“Once, this Home was a Mobile Home, but NO More”

“Once, this Home was a Mobile Home, but NO More”

 

Over the years the home was completely transformed including full basement, in other words, no one would even know the home was originally a mobile home.

 

Pam and Earl went to refinance their three mortgages and get their monthly mortgage payment reduced. The bank they went to had an appraisal done and when the appraiser went to check on the town records, it was indicated this was a mobile home and the lender turned the loan down. They just don’t lend on mobile homes.

 1ponsulak

The loan office from the bank sent these folks to me hoping I could help. When we originally spoke on the phone, I recommended that they contact the building department in their town. Ask them to change the designation from mobile to single family home, which they did.

 

We then did a new mortgage application and had a new appraisal done, which came back as a single family home. The best part of the entire feel good story. 

We saved them $700 per month.

 

They also referred friends that are shopping for a home. I’ve already handled the preapproval.

image courtesy of ponsulak/freedigitalphotos.net

Follow

Get every new post delivered to your Inbox.

Join 660 other followers