I Entered The Real Estate Field As Licensee 00257682 On December 9, 1961. There were not very many women in the field. I was in the Commercial Office of Forest E. Olson Company in Van Nuys California. Maybe 60 agents, one woman, Doris Jewell. In the residential offices of that very large company there never […]
IRS Warns Everybody About Tax Scams
Yes, I Know That Tax Returns Were Due On April 18th. But this post is for those people who got extensions and also for the Corporate people who already had extensions. These scams are throughout the year, and you should be ready again in 2018. Here Is A Recap Of Their “Dirty Dozen Scams” #1- Phishing: […]
Fortune Magazine Picks 50 Greatest Leaders For 2017
Interesting List to Me. I have never heard of many of these people and do not really plan on learning about them. Of course, there were many familiar names. But I bet you would never guess number one. Bet many of you have never heard of him. Drum Roll… Theo Epstein: The man who led […]
MLO Students; All Passing
Jim Eszlinger taught an outstanding 20-Hour MLO Pre-Licensure Course in San Diego recently. At the end of the course, students must pass an exam to receive Certification ,allowing them to apply to take the famous NMLS MLO Exam. Good news, all of the students passed the Course Exam and can now signup for the Fed […]
Scam Alert Continued
When Not to Say “Yes” We all know (or should know by now) that when you get a call with a long pause before you hear a voice, that is an automated robot call. These scam calls are becoming more and more sophisticated. The latest one that I have heard is, “Oh, hi there, I […]
What is Happening in California BRE Records
Each Month, the CalBRE Sends Me Form RE 149 By Mail. This form is not on their Website and has to be requested by mail, I guess. I have been getting it for decades. It lists the number of Licensees, prior year info, renewal rates, new license numbers, transfers, exams, pass rates, investigations, audits, accusations, […]
Scams Are Everywhere!
Not a Day Goes By that There is Not Another Alert about New Scams. The scammers are quick, resilient, and always thinking. They will fly too close to the sun, crash, and then rise again from the ashes. Time does change their tactics. About a decade ago, they were all working in some kind of […]
Hell or High Water and Reverse Mortgages
Hell or High Water is My Top Pick The movie Hell or High Water was nominated for the Oscar Award, but lost first to La La Land and finally to Moonlight. It still is first in my list for the year. In the movie, two West Texas brothers rob banks so that they can pay […]
What Do You Do When a Seller Wants to Stay in Property After Close? Ask Mr. Hunt
Why Do Sellers Stay On Property After Closing the Deal? It is very difficult for sellers to completely plan the “exact” date of departure. Lenders, Escrow Officers, Buyers, Inspectors, Regulators, Transaction Coordinators, and others can do things entirely unannounced that can change dates. Also, sellers sometimes believe if their Purchase Escrow is delayed, their Sale Escrow […]
Important Information on Rental Property Lending
Why Is it So Difficult to Find Refinance Rates and Purchase Rates? In our MLO classes, I have mentioned many times that I can never find information on refinance rates and purchase rates for my rental houses. Every ad that I see talks about rates on my home, etc. etc. etc. There are many people out there […]