All articles about Business

Flexing Your Discipline Muscle

This was me before losing 50 lbs with my daughter Bella (one of my motivations to get healthy)

Recently I completed the Broker Pre-Licensing Education required by the North Carolina Real Estate Commission before you can take the state license examination in order to obtain a Real Estate Agents license in North Carolina.

There was another licensed agent from Florida who was also in the class who among other professional licenses held a mortgage loan officers license in Florida. When first I asked him why he was  pursuing a license to sell real estate in North Carolina he said “you gotta follow the money“. I’m not sure if this is the kind of person I would want to represent me as a Buyer OR Seller but I don’t have to worry about it because I have my own real estate license. Continue reading Flexing Your Discipline Muscle

Tip #10 How to Cut Your Power Bill

Tip#10 Spend More Time Outside

This one sounds kind of obvious but really it works! Look we live in the South and whether you want to admit it or not people lives right here in Raleigh WITHOUT air conditioning for more than 300 years. Continue reading Tip #10 How to Cut Your Power Bill

What is Predatory Lending?

Predatory Lending Considerations

Subprime lending is not synonymous with predatory lending, and loans with the features described as Subprime are not necessarily predatory in nature. However, institutions should ensure that they do not engage in the types of predatory lending practices discussed in the Expanded Subprime Guidance. Typically, predatory lending involves at least one of the following elements: Continue reading What is Predatory Lending?

What Gives My Mortgage Company the Right to Hold My Insurance Claim Check?

The Escrow Department will likely be the same department that will cash and hold your insurance claims check. Don’t be surprised if your bank/lender actually place a hold on the check for up to five business days due to the protential for fraud given the number of mass losses that have occurred recently.

FEMA Declared Disaster Area – Loan Application in Process

Because of the plethora of natural disasters across the country it occurred to me that there may be a lot of Buyers and Sellers whose purchase or sale or mortgage refinance has been delayed for reasons they simply do not understand.

This post is intended to be an overview of what additional inspections and verification a homeowner or seller can expect in the mortgage application process for a home in a declared disaster area. Continue reading FEMA Declared Disaster Area – Loan Application in Process

How to get Good Mortgage Advice

Recently the word Republican, like “Banker” has been used interchangeably to disparage and slander (and is often incorrect) my business but what made this stand out to me was how he said it. It was almost as if it was a disparaging remark and he was sorry for having used it!