I wrote a post about someone who saved $10 when buying a R.E. Education course and is now getting no service or bad service costing him lots of time. When making decisions, I believe you must know the value of your time so you can evaluate real costs. For example, if you want to gross […]
Security Deposits
Civil Code A question arose in my Property Management Course #1 that involves the maximum amount of Security Deposits. The best explanation is Civil Code Section 1950.5(c). A landlord may not demand or receive security, however denominated, in an amount or value in excess of an amount equal to two months’ rent, in the […]
Service
Student Inquiry The other day someone sent me an extensive email asking a complicated MLO question that wasn’t simple to answer. First, I checked to see if he has ever taken classes from us. None. When I phoned him, I asked him about this. He said that he used another company. I asked, “Why?” He […]
Dept. of Business Oversight Renamed
The New California Consumer Financial Protection Law A new Assembly Bill 1864 was published on 9/29/2020. It was passed as a trailing bill on the Budget Process so it went through fast. It will go into effect on Jan. 1, 2021. But another little bill was also passed to change the name of the DBO (Department […]
Conduct Unbecoming at a MLO Webinar
Attempting to complete the meeting in your car, at a Starbucks, while barbecuing, or in an area known for bad reception. Trying to sign at 9:05 for a 9:00 meeting and you have lost passwords and other needed information. Using an old computer, outdated software such as Windows XP, unsupported web browser such as Internet […]
Baseball
Rules are Rules Ted Lyons, Chicago White Sox, pitched a 6-0 no-hitter against the Boston Red Sox. In 1 hour and 7 minutes. Today it would take 1 hour and 7 minutes for the ninth innings as networks and MLB want to advertise more. Some managers would take him out in the 7th or 8th […]
Story For Boomers
Intercollegiate Tennis Some boomers may understand this post. On August 19th, 2020, Renee Richards became 86 years of age. When I met her, she was named Richard Raskin. I met her at West Point in the Eastern intercollegiate Tennis Tournament. In the round of sixteen Richard beat me. The next day in the New York […]
Why Become A Broker Today
11 Good Reasons You can work for two or more companies at one time as a Broker Associate.Broker Associates make more money than Sales Associates.If an opportunity suddenly arises, you are ready to go.When retired, you get full amount of referrals, no sharing.More prestige as a Broker.Public recognizes that it means more study and testing.Sense […]
Forbearance
Definition Homeowners should understand this term as it applies to home loans. Wikipedia states that it is, “The action of refraining from exercising a legal right, especially enforcing the payment of a debt”. The Bible has a definition that states it concerns patience, leniency, tolerance and showing mercy. Where is a resource for information on […]
Love My Grandpa’s Real Estate Classes
Lindsey Gomer Testimonial Duane Gomer Seminars courses aided me in passing the Salesperson exam the first time I took it. The materials were very thorough and prepped me well. The crash course was well organized and identified a lot of key points that helped me to study. The materials, as well as the crash course, […]