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Is this the bottom???
July 17th, 2009 9:15 AM

Real estate prices nationally have increased.  Building permits on single family homes have increased over last month.  Does this mean people are rehabbing or tearing down mold infested properties?  On average 300,000 properties are torn down.  One month is a snapshot.  Let's see what happens next month as summer is usually the best residential property selling season.

Have a great weekend!

 

Barbara

Posted by Barbara Karstrom on July 17th, 2009 9:15 AMPost a Comment (0)

Incentives to do your job right?
July 21st, 2009 4:39 PM
Loan Processors are now getting awards for completing a clean loan package.
With some lenders, we are seing a trend to reward clean paperwork.

Every time a superbly completed loan package is submitted, you're entered in a monthly drawing for such prizes as gift certificates for travel, department stores and restaurants.  There is NO limit to the number of times a processor can be awarded a Certificate of Appreciation. Thus, the more complete packages you submit, the better the chance you have to win!

Is this to get loan processors to steer business to specific lenders or just a way to get cleaner paperwork?

Have a great day!

 

Barbara

Posted by Barbara Karstrom on July 21st, 2009 4:39 PMPost a Comment (0)
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