The other day I heard some expert on a very sophisticated podcast answer a call-in question concerning VA Loans. The person said, “I am considering getting a VA Loan”. The expert responded that they should stop considering it because their fees are too high then went on to another boilerplate topic. I thought that Veteran […]
MY RESUME:
When I did live classes, I would always mention one approach when I was talking to a new prospect. I would say, “In essence, I am applying for the job of your real estate advisor. Therefore, I would like to give you my resume.” My resume has changed over the years, but I would like […]
TRIP TO THE OLD HOMETOWN, RACINE, WI.
Revisited my old hometown in July. Sadly, it was for my younger sisters funeral. I did get a few extra days in the Kringle Capital of The World. Decided to look at some houses where I could live with less cost. A photo is enclosed of a nice home on Hansen Ave. It is in […]
THE HIGHEST PAID CALIFORNIA STATE EMPLOYEE:
Would it be the UC president Michael V. Drake, the Governor, Head of a large UC Hospital, etc. No, the highest paid employee for this year and next year is Chip Kelly, the UCLA Football Coach. He made $5,600,000 in 2021. That works out to about $700,000 a win. Seems a bit high. Chip is […]
TAX TIP FOR RECENT COLLEGE GRADS WHO ARE STARTING A FULL-TIME JOB THIS SUMMER – FROM MY FAVORITE TAX ADVISORS, THE KIPLINGER TAX LETTER:
“Use part-year withholding to boost your paycheck and have less tax withheld. The standard federal tax withholding tables assume you’ll learn a full years income when figuring how much income tax to take out. The part-year method is for people who work 245 or fewer days in a year and sets withholding according to what […]
NEWLY WEDS AND THE $250,000 HOME SALE EXCLUSION:
A homeowner gets married and the new spouse moves into the home. The homeowner has owned and lived in the home for more than 10 years. Can they get the double $250,000 exclusion for a married couple? Remember, you must live in the home two of the last five years. The rule: With married couples […]
NEW MLO 8 HOUR CE REGULATION:
Last year there was a scandal in the MLO CE world. A San Diego firm gave credit to their students and w. NMLS did not like this. So they are stressing that live classes, webinars, and online courses must be policed closely. One change to webinars: Students must be on camera during the entirety of […]
TRUE MEANING TO “I’VE GOT YOUR BACK”
Bob Hunt: Columnist, Realtor, Ethics Authority and friend, sent me a photo years ago. Just touches me. Great Commentary. “No one is going to steal or harm this soldier; he protects us and his friend protects him.” Everyone has a story about “a dog”. On Thanksgiving Eve I watched, “Lassie Come Home”. Now, that was a […]
COULD YOU PASS THE REAL ESTATE EXAM?
The California Real Estate Reference book has some sample questions to illustrate what their salesperson covers. See how you do. All test items in the real estate exams are multiple-choice. While the examinee may feel that more than one answer has some element of correctness, the examinee must be able to eliminate the incorrect responses […]
I LOVE MY VIN SCULLY STORY
Vin Scully’s granddaughter and my grandson Grant were in the same grade at St. Mel’s School in Woodland Hills. They both were in the annual school play which that year was Grease. His grandchild had the lead and was excellent. On graduation day the school has a big evening, full-house, long mass with communion. We […]