#1- The MLO Endorsement Must Be Renewed Every Year And The Expiration Date For All MLO Renewals Is December 31st This is the requirement for both Department of Business Oversight and Department of Real Estate members. Loan Brokers from FDIC banks do not need any Federal Approved Education. #2- The Cost Varies For Different Licensees […]
Third – Update On Renewing Notary Commissions
#1- A Notary Commission Is Good For 4 Years There is no grace period. Once your commission expires you will have to start the process all over again including completing a six-hour Notary education course. However, a Notary public who has previously completed an approved six-hour notary public education course and has a current active […]
From The Wall Street Journal, So You Know It Is True
The Comment Is That, “If Marriage Were A Stock, Wall Street Would Short It.” Marriage is going out of fashion, as the number of persons who have never married has doubled from 1960. More people are doing pre-nuptials, so they are thinking about divorce even before they are getting married. The cost of a wedding […]
Follow Up To Loan Pre-Approval
I Discussed The Reasons For Getting Pre-Approved For A Loan Before You Start Shopping For A Home Does getting approved beforehand guarantee that you will get the loan you want. Again, quoting the National Assoc. of Realtors, “Being pre-approved is not a sure-fire way of obtaining a loan either”. Yes, after you get approved, many things could go […]
Marketing Idea For Your Consideration
Last Week In A Post The Question Was Asked “Do you think that people who are going to sell their house, have already been looking or buying somewhere else, either up sizing or downsizing?” I believe the answer is yes, so in your promotions you should be asking for listings, but also trying to become […]
Why Become A Broker? Tip #054
My Question To all Real Estate Salesperson Licensees with over 2 years full-time experience: If you asked any client, what are the designations such as SFR, BPO, EPro, SRES, etc., how many of them would have any idea what they mean? I ask my licensed students that question and a majority have no concept of […]
Thinking Out Loud About Real Estate
Everyone Has Their Own Theories About How To Sell Or Manage Real Estate Since I have not been without a tenant for 53 years and have sold some buildings, I have some opinions. As I have said before, do not confuse me with facts as my mind is made up. You can have your truth, […]
1031 Exchange Ideas
1031 Is The IRS Code Section That Covers Non-Taxable Exchanges, Also Known As Starker Exchanges There is one section that rental property owners should understand. Our Taxpayer’s Situation: The couple has a long term rental in which they have lots of equity. They discussed moving into it and making it their home, but it is […]
Heisman Winner: Big Real Estate Winner
Roger Staubach Won The Heisman At The Naval Academy He served in the Navy in Vietnam as a Supply Corp Officer (which already makes him a winner in my mind after being one in Germany),won a Super Bowl MVP and many other NFL honors, and then went into Real Estate. Result: Forbes recently named him […]
They Are Leaving For College Soon
Jaymi Naciri Had Some Excellent Ideas What To Consider When Packing Your Children, Grandchildren, Or Friends For College They are used to so many amenities at home that will be missing from their new dorm or other room. Some suggestions follow: Rolling storage, velvety hangers (thinner than regular), command strips (to save repair costs later), […]