WHAT IS SETTLEMENT AND CLOSING? HOW DOES SETTLEMENT AND CLOSING WORK IN THE MORTGAGE PROCESS. WHAT DOES SETTLEMENT MEAN FOR A HOUSE? WHAT IS SETTLEMENT IN MORTGAGE. WHAT IS A SETTLEMENT MORTGAGE. WHAT DOES SETTLEMENT FEE MEAN IN MORTGAGE. WHAT IS THE DIFFERENCE BETWEEN SETTLEMENT AND A CLOSING.

• This discussion was modified 5 months, 1 week ago by  Gustan Cho.

Am I potentially able to obtain a mortgage at this time? Or do I need to wait 2 years from the date of discharge of my Chapter 13?

My credit score is low and a lot of credit cards are pending. Should I refinance my home to consolidate the debts?

I am doing a loan modification and the lender says that my ex wife has to sign the documents too. Even though her name has never been on the mortgage, she is only on the deed. Why does she have to sign the loan modification?

Are non-qm loans hard money loans?

The Softening of America

Euphemism is a mild or indirect word or expression substituted for one considered to be something unpleasant or embarrassing. I thought I would use the dictionary for the meaning before the AI responses. When did America get so soft on words? We have the first amendment, so what’s the issue? We can say anything short of “fire” in a crowded theater. We drink, we curse at sporting events—what happened?

It started slowly generations ago; that’s when our language became more passive and non-offending, which is a big deal today. You don’t say, “partly cloudy,” anymore; it’s partly “party sunny.” When did toilet paper become bathroom tissue, right before sneakers became running shoes?

We have created the language to be more pleasant to the ear by substituting a harsh word for a nice one. Some euphemisms actually try to explain the phrase while saying the same thing. The CIA, as we all know, kills people, neutralizes them, or depopulates them.

It’s time to pre-board the plane; if I’m pre-boarding, I am actually boarding the plane. Constapation is bowel irregularity, and the dump is a landfill.

World War I, shell shock, World II, battle fatigue, Korean War, Operation Exhaustion

Vietnam War, Post-Tramatic Stress Syndrome, or PTSD. Over the last one hundred and twenty years, euphemisms have been used to ease the pain of war. To explain to the public in nice, easy words. Shell Shock is so accurate and appropriately named. Americans were up in arms to help the returning soldiers after World War I when hearing what the boys went through.

If returning Vietnam veterans had had shell shock, they would have received better treatment for the disease and a lot more awareness.

Special thanks to George Carlin

Sapna, Ravinder, Vanessa is a member of our forum. She is a lawyer and runs a law firm. Google will not allow to run Google Ads because her Google account is not verified. Can you please explain what she needs to do to get her Google My Business page verified so she can run Google Ads. Vanessa and her husband Nick are very close friends of Alex Carlucci.

What is the purpose of a short sale of a home? What does it mean by a short-sale in real estate? Can you give a case scenario of a short-sale in real estate? Do real estate agents get paid on a short-sale? Can you go over several case scenarios of the short-sale real estate process? Can a person qualify for a new mortgage after they had a short-sale on a home? What do homebuyers need to know about short-sales? Risks and rewards of buying a short-sale home. Is short-sale bad for the homebuyer? Is it a good idea to buy a short sale house? What is the difference between a short-sale versus a foreclosure? What are the eligibility requirements on getting for a mortgage loan after a short-sale and foreclosure? What are the different loan programs I can qualify for and get pre-approved after a short-sale and foreclosure?

From my understanding, there are different types of FICO Models and every creditor uses a certain FICO Scoring Model. What FICO Model do Lenders Look at For FHA Loans? What FICO Model does FHA use? What is the most accurate FICO Score Model?

What does it mean by REOs?

Can you explain what LOX mean from my mortgage underwriter?

During his 2005 commencement speech at Stanford University, Steve Jobs talked about three personal anecdotes that illustrated some important points for the graduating class. These stories represent the things he wanted to work together on:

1. Connecting the dots

Key points:

Dropping out of college – six months after starting at Reed College, Jobs dropped out but continued to hang around campus and take classes that interested him.

Calligraphy class – although it seemed impractical at the time, taking a calligraphy class was integral in designing typography on the Macintosh computer.

Trusting your path – you can’t connect the dots looking forward; you can only connect them looking backward. Trusting that your future dots will connect down the line is what gives you hope even when it doesn’t make sense now.

Lesson: Have faith in yourself by following your curiosity, even if it seems irrelevant at present.

2. Love & loss

Key points:

Founding/firing from Apple – Starting Apple in his parents’ garage and getting fired from a company he built up were mentioned by Jobs.

Finding new passion(s) – Following those events, he found other projects (NeXT, Pixar) which eventually brought him back to Apple.

Importance of loving what you do – He said people should seek out what they love because work will consume most of their lives; and you can only be satisfied if you do great work believed in.

Lesson: Continue striving for success despite failure setbacks as this may open bigger doors later on.

3. Death

Key points:

Facing mortality – Being diagnosed with an uncommon form of pancreatic cancer made death more real for him than ever before, according to Job’s speech.

Living purposefully – Realizing life is short and not wanting to waste any more time living someone else’s dream or being confined by other people’s thinking after such an experience changed everything for him personally;

“Stay hungry. Stay foolish.” Afterward he concluded with this advice from the back cover of the final issue of The Whole Earth Catalog, which urged people to never stop being curious and settling down in their lives.

Lesson: Recognize life’s impermanence so you can focus on what really counts – continual growth and learning.

In summary

Steve Jobs’ three narratives from his commencement address share these collaborative themes:

Trust the process – stay curious even when there isn’t a clear path ahead.

Follow your passion – don’t give up on what you love because setbacks are stepping stones to better opportunities.

Live purposefully & urgently – embrace change as a necessary part of growth while staying curious all through life about everything around us.

These ideas collectively encourage individuals to trust themselves, work hard at what they are passionate about and live intentionally with curiosity every step of the way.

Here’s Steve Jobs inspirational commencement speech.

https://www.facebook.com/share/r/zY5SnLPZGEtccdJh/?mibextid=NqTh7c

• This discussion was modified 5 months, 2 weeks ago by  Gustan Cho.

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3,9 jt tayangan · 1,5 rb komentar | The story of this man is so inspiring and worth listening to. He changed his story by the action he took in difficult times, change yourself listen and... | By Barka U. MsheliaFacebook

The story of this man is so inspiring and worth listening to. He changed his story by the action he took in difficult times, change yourself listen and...

What is the purpose of TRID? What is TRID in the Mortgage Loan Process? What Are The Requirements of a TRID Loan? What Are The 6 TRID REQUIREMENTS? WHAT ARE THE RULES FOR TRID COMPLIANCE?

How does disability affect relationships? Can disabled and unattractive men have a romatic relationship with beautiful gorgeous women? Do beautiful women find disabled and handicapped men attractive? How do you deal with a disabled partner? Can you still have a romantic and lifelong relationship if your spouse becomes disabled? Would you marry a disabled man and not laugh at his handicap? What do others think about a disabled man married to an attractive woman? Women who have been marrying unattractive high status men since forever. Here is a video about six disabled people who married beautiful women.

https://www.facebook.com/share/r/x3fcJ6Sk9ekrme1J/?mibextid=NqTh7c

• This discussion was modified 5 months, 2 weeks ago by  Gustan Cho.

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2,1 jt tayangan · 34 rb tanggapan | 6 Disabled People Who Married Beautiful Women | 6 Disabled People Who Married Beautiful Women | By Wow StoryFacebook

6 Disabled People Who Married Beautiful Women

Inspirational story on how dreams can come true 👍 How dreams comes true. Immigrant family moves to the United States and parents hold menial jobs with a son making ends meet. Son is talented in basketball and makes it to the the NBA and buys parents a new house. Son had a friend who believed in him and gave him rides to basketball practices throughout his friendship and son buys friend a brand new car. Inspiring story.

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• This discussion was modified 5 months, 2 weeks ago by  Gustan Cho.

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Rich Kid Makes Fun Of A Poor Immigrant Boy | By Dhar MannFacebook

Rich Kid Makes Fun Of A Poor Immigrant Boy | By Dhar MannFacebook

Many hard-working people are putting their hard-earned money away in the bank. Consumers do not trust the banks and the dollar. The dollar is losing its value as time pass. One dollar today will be worth half its value in the next few years and keep deteriorating to become worthless. The dollar is not backed by anything. The globalists such as the Rothschilds, Rockefellers, Bushes, and Democrats control the Feds and print money whenever they need. So what is the average hard-working American should do to protect their assets? Buy Gold and Silver. Silver in the low $20 per ounce is a screaming buy. Do not buy paper silver. Buy the actual silver bars. The Globalists are shorting the living shit out of silver because of fear. You will not go wrong. Get all of your money in silver or Gold. Silver will go to over $1,000 per ounce. We will keep this thread ongoing.

Online users are more inclined to click on organic search results than paid Google Ads and other paid advertisements. To maximize getting organic traffic from SEO, you need to create content that benefits users with strong keywords on a high domain authority website, online communities, and forums. However, Google updated its search engine algorithm recently where online communities and forums with high domain authority have a lot more SEO power versus blogs from websites. The reason behind this is there is only one authority (the blog author) that has full control on blogs and once the blog is published, it become aged content. However, on online communities and forums, the author of the topic on the FORUM posts the topic (Keyword and/or Keywords) and publishes the content. As the time pass, you have participants to the post you posted. Each time a user posts a reply, feedback, and adds content to the original post, the content becomes updated content and benefits the community. Therefore, Google and other search engines will give higher domain and page authority on forums versus blogs. This does not mean that you should not keep your website and continue posting blogs. Blogs is the foundation of you increasing your domain and page authority of your website. However, it takes longer and time to create and build a website with a solid foundation. Use online communities, and forums to compliment your website and become guest writer on other high domain authority websites with a do-follow back link to one of your articles. Forums are great in building do-follow back-links. We will continue more on this important SEO tool so you brand yourself and have Google and other search engines to recognize you as an authority in your field and not spam.

• This discussion was modified 5 months, 2 weeks ago by  Gustan Cho.
• This discussion was modified 3 months, 3 weeks ago by  Sapna Sharma.

I posted on the forum some months ago, and on other social media, an article on Gustan Cho and Associates. How we met and the process of applying for a mortgage. I also explained how his team waded through misinformation on my wife’s and my credit rating. His diligent help secured us a mortgage on a new home in Ocala, Florida. Ocala is centrally located in the middle of the state, an hour and a half drive to the Gulf of Mexico and the Atlantic Ocean. We escaped the traffic and all the new arrivals in Tampa. This may be the last toe hole in Florida that is very nice and affordable. Gustan Cho was able to get us a very reasonable home mortgage and insurance, which we bundled and saved more money on.

The interesting thing about Gustan Cho and his team is that their values extended past the signing of our loan. He researched lower rates, and one week before closing, he had us reapply for the mortgage. A very scary situation with the closing the week later. He streamlined the loan, and we were giving a mortgage at a lower rate—1.75% lower—a huge savings each month. His business mantra, which I explained in my first article, held true even after closing.

His concern for people is something you will never find in a clause in a contract.

As of today, Gus is constantly looking for a lower rate. When the rate goes down and there is equity in the home, it might be time to refinance. If so, Gustan Cho is on it.

The entire moving process is extremely stressful, to say the least. Starting with the mortgage, then home owners insurance, not to mention the dozen or so phone calls for change of address and medical coverage. We moved 100 miles away from Tampa, and we are in a whole new PPO medical insurance district. All the prior information given has to be re-given. The insurance company must explain each and every plan; after two hours of nonsense, we had the same medical plan as before. I swear the phone calls, automatic messages, and the AI giving advice were the most stressful.

All the horror stories about moving are true, and for the most part, my wife and I were very fortunate. Starting with a wonderful real estate broker, who, as Gus, looked out for our best interests. I always wondered who a real estate broker works for. They need the house and the owner to sell the home, and then they also need the buyers.

The moving company was exceptional. We called four for quotes, and ironically, the one we chose was the least expensive. They arrived at 10 a.m., two trucks and seven guys. The packing of our items was handled with great care. The bubble wrap they used was close to two miles long! Nothing was damaged; they needed an additional truck at no charge; they kept to the quote on the contract; there was no small print to trip you up. When the ordeal was completed, moving everything in and arranging what and where we wanted items, it was 11 p.m. A hard day’s work. The work ethic with these guys was amazing!

Other nightmares you may have heard or experienced for yourself were about builders. We have friends who had a $400,000 home built. There were dozens of issues with plumping, electrical, etc.; calls were placed and never returned; they have been pursuing the builders for over a year. Our builder’s assistant has been over every day for the first week, fixing minor things that occur normally with a new home and keeping true to the home warranty. Each worker, and sometimes three workers at a time, showed up respectful of our home and continuously apologized for the inconvenience.

If you need a real estate broker in Florida, get in touch with new homes on a quarter acre for right now under $280,000! The same is true for an outstanding mortage guy. If your need is movers in Florida, let me know. I will be more than happy to pass on information that will make your Florida move actually pleasant.

What happened last week that mortgage rates are plummeting. The 30-Year Treasuries dropped to 3.8% which tanked mortgage rates on government loans from 7.0 to 6.0%. 30-year U.S Treasuries were as high as near 5.0% just a few weeks ago. Gold increased to over 2,500 per ounce which is a historic high. Silver did not follow gold prices because banks were short selling Silver like crazy because banks and the Globalists have a huge short position and are afraid of getting margin calls on their Silver short positions. What economic numbers came out that caused the financial markets upside down? Will mortgage rates continue to plummet? Will it be beneficial to refinance now? How about doing Streamline Refinance on FHA and VA Loans? If I do an FHA or VA Streamline Refinance loan, can I do another FHA Streamline or VA Streamline Refinance loan if mortgage rates drop again? What are rates on conventional loans?

What is appraisal fraud.

https://youtu.be/3r5LURDt7lA?si=9ah5tjSYqG40TDbb

What is the difference between FHA AMENDATORY CLAUSE and VA AMENDATORY CLAUSE?

• This discussion was modified 5 months, 1 week ago by  Sapna Sharma.

Starting August 17th, 2024, homebuyers need to sign a Buyer’s Purchase Agreement with a Buyers Real Estate Agent stating the homebuyers will pay the homebuyers real estate agent. Starting August 17, 2024, homebuyers must enter into a written agreement with their buyer’s real estate agent before seeing a house. This is part of the settlement agreement with the National Association of Realtors (NAR), which aims to make this relationship more transparent and formal between buyers and agents.

Key Points About the New Requirement:

Written Agreement:

Before touring homes in person or online, homebuyers must sign a Buyer’s Purchase Agreement with their realtor. The document outlines the agent’s services and how they will be paid​.

Compensation Disclosure:

An agreement should clearly state what compensation the real estate agent representing the buyer will receive. This happened indirectly through the MLS (Multiple Listing Service), which often showed seller compensation offers to buy agents​.

No More Compensation Offers in MLS:

The new rules ban real estate listing offers for compensation in MSL listings. This means buyers and their agents must negotiate directly without involving a third party like the MLS​.

What It Means for Home Buyers and Agents:

More Transparency: Clients now know exactly what service and costs are involved from their agency.

Formalized Relationships: Such requirements establish a more professional working relationship between clients and agencies, leading toward accountability on both sides

Flexibility in Terms of Agreement: Agents can offer different provisions, such as exclusive vs. non-exclusive agreements and contract duration, among others, but compensation should always be objectively ascertainable”​.

https://youtu.be/W_kvg5ciM4Q?si=SFeViOXta8k2QJU5

• This discussion was modified 5 months, 2 weeks ago by  Gustan Cho.

My 12 year old lab is getting a younger brother, a Doberman puppy. I have always believed in having two dogs for company, they understand each other. My old guy Amici will teach the new puppy Bullet all the habits of each family member.

Hi! My name is Amici! I’m a dog. I’m a Labrador Retriever, although I detest retrieving. I was born in New Orleans, a tough town, and then shipped off to Florida. I’m really a black mutt with a curved funny tail; I was also the runt of the litter, and no one wanted me. I also have a fleshy tumor on my neck. There were many strikes against me. First, I’m black; the second, I’m the runt, I don’t lick or kiss, but I’m friendly like my name. My parents found and adopted me just before I got the needle. I was so scared I stayed in the back of my cage shivering, just waiting for love. My future parents didn’t notice me in the back of the cage, but Andy their son, found me just when all hope was lost! Andy loves all animals. Boy, am I lucky.

They brought me to their house to meet another dog, Budaj. He was a beautiful boy dog, just like me! He was white and a pedigree, and he loved me. He taught me quickly about mom, dad, and Andy. Budaj did not like men! Everyone was afraid of dad, so I learned from Budaj to dislike men. I was taught mom was the only one for us. Although I learned that dad and Andy were great guys, Budaj lived for mom. Dad has a big booming voice that shakes the house because he sings. Mom can curse like a drunken sailor during hockey games, and all is fine; dad just whispers, “drat or darn,” and me and Buds, we run in fear. I’m not sure why, dad has never yelled at me or hit me. He taught me “please,” “thank you,” excuse me,” and I responded. Budaj just doesn’t like him; he hates Andy even more. I don’t know why. Budaj says to never, ever go down the hall to Andy’s room; it’s evil. I’m beginning to believe Budes has issues.

Andy is soft-spoken and a lover of all animals. I’ve seen him capture water bugs and release them outside, and dad, well, you can only imagine what he does; it’s not pleasant.

I’m am very lucky to have a big yard with a pool. I never swim; I hate the water. That’s right, a lab won’t retrieve or swim, and I really hate car rides, all that wind blowing. I enjoy chasing squirrels around the yard. We have bunny rabbits, but dad says we don’t chase them, so I don’t. I’m a good boy. I have many pet names I’m called, and I always answer; you never know, there might be a meatball waiting for me. They call me Amici, Mici, Coco, Peco, Sweebums, Meatball; I actually have seasonal names, Pumpkin, etc.

I’m being raised as Italian, Polish, and Ukraine; boy, they can cook! Meatballs are my favorite. When dad begins to make meatballs, I can hear the wrapping coming off the meat, and I am there to help dad any way I can! Pierogis, Kielbasa, Stuffed Shells, Chicken, and Bacon are my favorites. I have so much love from my family, and the best part is that they are medically trained, not dad though; he just cooks. My Aunt Janelle is a veterinarian! Dr. Aunt Janelle says my tumor is no big deal. Love, food, and healthcare, what more could you want! I have three beds to sleep in, and I sleep in all of them, on the rugs and on the tiles when it’s hot outside.

I cried so much the night that Budaj died. He was so young and my best buddy. It took some time to get over him, I remember everything he taught me, but I love dad and Andy. Since Budaj passed, I have been barking. Budaj didn’t bark much; he woofed when Andy was near. We sold the big house with the big yard, and we are looking for a new home. I bark at everyone walking by in our present home, especially UPS; I hate those brown uniforms. My yard is small, but I go on many walks. I’m loved and well cared for. However, when dad corrects me, I feel sad, but no problem. If I don’t like what he said, I walk into another room and rest, there’s always a bed handy.

My day is full. I mostly sleep and pretend I’m guarding something. I watch western movies with dad. He exercises as he watches television, but I’m just waiting for my next meal. Wherever I’m resting, I keep a keen ear to the ground if someone steals the refrigerator or tries to sneak snacks.

My parents were told I was three months old when I was adopted. They lied so they did not have to give me a worm test. They named me Noel to pretend I was born during the Christmas season. Well, I had worms, and I was seven months old. Poor dad had to keep Budaj’s crap and mine separated for two months until I was better. Boy, if that’s not real love. I’ll be nine years old sometime in July; we aren’t sure because they lied at the kennel; no one wanted me. No one wanted a black runt of a dog with a crooked tail and worms. I give unconditional love; I’m a dog; we all do! My mom and dad, and Andy choose me unconditionally to love me. Now I know what love really is about. I hope all pets could be adopted like I was, unconditionally.

I celebrate my birthday July 4th, and boy, oh boy, so many people celebrate my birthday with firecrackers, which annoy me. It’s good to be an All-American Dog!

years old sometime in July; we aren’t sure because they lied at the kennel; no one wanted me. No one wanted a black runt of a dog with a crooked tail and worms. I give unconditional love; I’m a dog; we all do! My mom and dad, and Andy choose me unconditionally to love me. Now I know what love really is about. I hope all pets could be adopted like I was, unconditionally.

I celebrate my birthday July 4th, and boy, oh boy, so many people celebrate my birthday with firecrackers, which annoy me. It’s good to be an All-American Dog!

https://www.youtube.com/watch?v=0bJLSrNiqyE

What is an overview of India? Geography, Landscape, and Weather in India? Economy of India. Education and the best grade, high schools, junior colleges, colleges, and graduate schools in India. Tourism and Traveling in India. What are the best cities in India. What does $500 a month (U.S. Dollar) get you in India? How much does a average middle class wage earner make in India? How much is the average college graduate make in India? How is living in the United States like compared in India? How do you buy a house in India? What is the average cost of a house and how much money do you need to buy and finance a home? How does the housing and mortgage industry in the India work? How much does a car cost? How do you buy and finance a car in India?

Mobile home parks are great investments and are becoming increasingly popular and profitable. Who finances Mobile Home Parks and how do you qualify. What are the financing guidelines of Mobile Home Parks

What are the benefits of getting pre-approved when house hunting?

I have a question I asked multiple people who are called expert loan officers and credit repair geniuses but I am getting conflicting answers. I want to know if a consumer needs to get his credit scores up for a mortgage to a 640 FICO. He has never missed a monthly payment and has perfect payment history the past five years. He has 10 credit card accounts with all of them maxed to the credit limit. Here are the credit card balances and credit card limit. His middlw credit score is currently 525. Question is what credit card should he pay down the balance to lower his credit utilization ratio. Should he start paying down the lower limit credit first or should he pay down the higher credit limit credit card first. Here is his credit cards, the balances, and the credit limit.

CREDIT CARD. BALANCE LIMIT

1. DISCOVER $498. $500

2. CAPITAL ONE. $470. $500

3. CREDIT ONE. $490. $500

4. SELF VISA. $1,500. $1,490

5. TRUMP CARD $4,000. $4000.

6. JOURNEY CARD $2,130 $$2,200

7. CREDIT PLUS $3,490. ,$3,500

8. BUDDY VISA $1,500. $1,600

10. MISSION LANE $1498 $1,500

I have been a customer of Marine Credit Union since 2020. The reason I am a loyal customer of Marine Credit Union is because of personal banker Troy Fredrick. Troy is one of the most hard working banking professionals I have met and will not tell you what you want to hear but the facts. The answer you will get from Mr. Troy Fredrick is never a NO. It’s not if you will get a loan but WHEN. He will recommend a game plan for you to either enhance your credit profile or if it is something Marine Credit Union cannot do, Mr. Fredrick will open up potential avenues for his borrowers may explore. Troy always acts for the benefit of his clients and never steers his clients in a direction where he sees any potential harm. Troy Fredrick always goes above and beyond and I have witnessed him work diligently on a $1,000 Credit Rebuilder loan the Same diligent way he does a $20,000 loan. As a national manager of a national mortgage company licensed in 48 states including Washington DC, Puerto Rico and the U.S Virgin Islands, I use Troy Fredrick as a inspiration and role model to all my support and licensed personnel. I am a firm believer that it’s the people that make a great company and institution. There is a reason why Marine Credit Union is a leader in its field with a reputation for being the best of the best financial institution. Answer is a no Brainer. Troy Fredrick. Thank you Troy Fredrick for being you. You are not taken for granted and appreciated for everything you do for me and my family. Professionals like Troy Fredrick are the true silent heroes in life. Humble, honest, and transparent. Five plus stars. Like to thank upper management of Marine Credit Union for having platinum professionals like Troy Fredrick representing your awesome financial institution. God Bless. Marine Credit Union offers auto loans, RV loans, second mortgages, lines of credit, and most importantly, a great credit rebuilder program for people who need to rebuild and establish their credit. Contact Troy Frederick if you need the services of a great credit union at troy.frederick@marinecu.com

Here is the link for Marine Credit Union

https://www.marinecu.com/

marinecu.com

Marine Credit Union

At Marine Credit Union, we believe every member of the community can achieve the goal of financial ownership and giving back.

Here are well trained dog video clips.

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