Mayor Brandon Johnson says that for Chicago to function fully, he needs $ 300 million. To do this, he wants property tax revenue from homeowners and real estate investors in Chicago, which will allow him to cover the budget deficit. So, why is Chicago so broke? Why is there a hiring freeze, and why can we not hire 700 vacancies in the Chicago police department when crime rates are skyrocketing? Why does Chicago need to make across-the-board personnel? Why is Chicago increasing fees and costs on city services, such as parking and other revenue-generating portals?

The answer is obvious. Mayor Johnson has welcomed tens of thousands of illegal immigrants, costing the City of Chicago 1 billion dollars.

From the moment he assumed office in May 2023, Chicago Mayor Brandon Johnson has dealt with a complicated economic situation. His administration set out to solve a budget deficit that is expected to reach almost $1 billion by 2025, all while trying to keep key city services running.

Budget Gap and Suggested Steps

In order to fill the gap of 986 million dollars, Mayor Johnson’s administration has proposed a balanced budget that relies on responsible spending and investing. Some highlights are as follows:

Operational Efficiencies: Reducing the headcount by over full-time 744 non-core CPD civilian positions, with 456 being from the Chicago Police Department (CPD). The primary goal is to enhance efficiency without jeopardizing public safety.

Revenue Enhancements: A boost in the tax rate on cloud computing services by 128 million dollars and a rise in parking, grocery bag, rideshare, and streaming taxes. These moves aim to broaden the revenue base of the city.

Tax Increment Financing (TIF) Surplus: A historic 570 million dollar surplus of TIFs to support Chicago Public Schools, libraries, parks, and City Colleges enables the city to invest these taxpayer dollars back into essential public assets.

Effects of the Migrant Surge

Chicago has received over 42,000 undocumented migrants, and with it has incurred unprecedented expenditures of around 299 million dollars. Since the time Mayor Johnson took office, the city has spent over 215 dollars. The spending has been directed to shelters, food, medical services, and other areas deemed necessary.

The financial commitment in support of migrants has further deepened the discussions among citizens and government officials, especially with the emphasis on the budget deficit.

Some community members are worried that spending money on migrants might decrease the resources available to long-time residents. They have made this point in public meetings where they have asked to serve locals first.

Federal Immigration Law Considerations

In discussions about federal laws on immigration, the status of Chicago as a sanctuary city has been a constant feature. Mayor Johnson has restated that the city will continue to house migrants, even when it might bring more costs and lawsuits. This position also reflects a conflict on the allocation of powers of local governments with immigration policies, particularly in times when federal aid may be scarce.

Public Response and Political Implications

These policies by the administration have drawn different reactions from citizens. In reply to the humanitarian efforts of the city, some residents get outraged by the increased taxes and steeper spending. Town halls have turned into outlets for people to vent, with many asking why so much money is spent and what the consequences are on the communities.

Finally, Mayor Brandon Johnson’s governorship has to do with attempts to control public finances while being supportive of social spending.

Chicago’s policies and public discussions have been affected recently, and quite a lot like the challenges of having a deficit budget along with the costs involved in managing a large migrant community.

Allowing the crossing of border illegal immigrants causes a $1 billion deficit in the budget, which Chicago homeowners and real estate investors can cover up with an additional $300 million tax in 2025. Shouldn’t the citizens of Chicago and other cities do something and eliminate incompetent politicians? Besides Mayor Brandon, Illinois Governor JB Pritzker is another incompetent politician who needs politician experience running a large city and state.

https://www.youtube.com/watch?v=yoEZxyBGfzc

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

Lennar Homes are slashing their new home prices by 25% in 2024. CEO of Lennar admits their mortgage division is experiencing delinquencies and a higher number of debt to income ratio from consumers. Lennar Homes is America’s second largest New Home Builder.

https://youtu.be/6mmQ2TEoK-g?si=nj2aidmYgL_awc8N

This is an overview of the most recent national economic events as of December 16, 2024:

Economy and Inflation

The American economy continues to grow exponentially despite inflation, which is at its highest level since the 1970s, at around 2.8%, crossing the Federal Reserve’s target of around 2%.

Federal Reserve and Interest Rates

The Federal Reserve is expected to respond to the alarm that inflation has allegedly stayed too high, securing a default interest rate cut further to increase the rate to around 4.25-4.5%. In the upcoming years, policymakers are afraid to slow down rate cuts in 2025 to balance out the inflation risks.

Housing Market and Mortgage Rates

While the new forecast of around 6.3% in 2025 still maxes out at the affordable limits due to the ongoing sluggish housing market performance, home prices are projected to increase by 5% this year. Furthermore, the endless mortgage and home prices likely convince homeowners to spend extra income on renovations rather than buying new homes.

**The Stock Market and Treasuries: An Analysis**

U.S. stocks during President Trump’s tenure have risen by around 27%, and this increase can be witnessed along with the significant gains that the U.S. stock market experienced as the receiver of Donald Trump’s economic policies. As far as the bond market goes, it currently has signs of being under stress as the 10-year treasury note increase is above 4.4%. A reason for the increase could be out of concern regarding the rise in inflation promise and an increase in government spending.

Despite the above-mentioned inflationary concerns, the foreign interest in U.S. debt remains upward.

**Business Outlook: An Overview**

Those conducting business face the dual challenge of inflation, which only goes away with a careful approach to policymaking. The slow pace of rate cuts that the Federal Policy is expected to deploy means that interest rates on loans for both businesses and consumers are likely to remain high, which can impact plans for expansion and investment.

Considering everything, while the U.S. economy showcases signs of strength, inflation, housing affordability, and the prevailing market volatility remain concerning aspects to manage, which fall under the purview of policymakers and investors.

This is a brief review of recent national initiatives in different sectors of the economy as of December 16, 2024.

Economy & Inflation Rates

The United States economy is strong. Real GDP growth of 2.7% is expected for 2024, with added consumer expenditures and productivity growth.

Inflation is a problem regardless. It remains at a high annual rate of 2.8%, two percent over what the Federal Reserve stipulates as a limitation.

Federal Reserve and Interest Rates

The Federal Reserve will likely reduce interest rates by quarter points again this week, the third reduction in the current year. The federal fund’s target range is expected to be between 4.25 and 4.5 percent now. As the rate of increases has tapered off, a closer balance of inflation and labor capacity would result in rate cuts in 2025.

Stock Exchange Along With Treasuries

The economy will likely benefit from economic policies under Donald Trump’s second term, which translates into significant gains in stock markets. U.S. equities have risen by a whopping twenty-seven percent this year.

The bond markets, however, appear to be in distress as inflation appears to be a concern along with the rush for government debts for increased spending, as indicated by the increase in the yield for a 10-year treasury note to over 4.4%

As of December 16, 2024, here is a comprehensive overview of the latest national developments across various sectors:

Economy and Inflation

The U.S. economy is exhibiting robust growth, with real GDP expected to increase by 2.7% in 2024, driven by consumer spending and productivity gains.

However, inflation remains a concern, holding steady at an annual rate of 2.8%, above the Federal Reserve’s target of 2%.

Federal Reserve and Interest Rates

The Federal Reserve is expected to implement a quarter-point interest rate cut this week, marking the third consecutive reduction this year. This adjustment would increase the federal funds rate target to 4.25-4.5%. Policymakers are adopting a more cautious approach, indicating that the rate cuts may slow in 2025 to balance inflation risks and labor market strength.

Stock Market and Treasuries

The stock market has experienced significant gains, with U.S. stocks rising by 27% this year, partly attributed to economic policies under President-elect Donald Trump’s second term.

However, the bond market is showing signs of strain, with the yield on the 10-year Treasury note surpassing 4.4%. This increase reflects investor concerns about potential inflation and the growing supply of government debt to fund spending.

Housing and Mortgage Rates

The housing market is improving, as are mortgage rates and inventory, but the forecasts say otherwise. Due to a drop in mortgage rates, which are expected to touch 6.3% in 2025, home prices are expected to increase by 5 percent.

In addition, the reduction in purchasing new homes will increase home improvement spending.

Unemployment and Labor Market

The labor market remains stable as unemployment remains low and wage levels rise above inflation. The exception to this is contraction in certain industries, such as manufacturing. December saw a continuing decline in U.S. manufacturing as factory output hit 4.5-year lows.

Business Outlook

The businesses are working with a more elaborate dynamic while dealing with inflation and stagnant monetary policy.

Given that the Federal Reserve will not be slashing rates aggressively, the cost of loans to consumers and corporations could be maintained at a high level, affecting their willingness to invest or expand.

Political Developments

President-elect Donald Trump has commenced assembling his administration by making numerous important appointments. Susie Wiles has been selected as White House Chief of Staff, which is remarkable since this is the first time a woman will ever hold this position.

Also, Trump has picked candidates for various cabinet posts as he outlines the policies he wishes to pursue in the next term.

Global Political Climate

The political developments that one has recently witnessed globally present evidence of an exceptionally turbulent and transformational period. By defeating Kamala Harris, Donald Trump’s election as the President of the United States marked the end of an era of benevolent scientific rule. Other examples are the surcease of the German government’s existence over budget disagreements and the South Korean military’s declaration of martial law against a president’s wish only to have Congress reverse the situation.

To summarize, the U.S. economy may appear stable, albeit the processes of inflation, stagnancy in the housing markets, and volatility in the other markets need to be addressed. Policymakers and investors are extensively monitoring all these issues and the peculiar economic situation.

https://www.youtube.com/watch?v=2KSvn46epzU

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

With all these recent news about high inflation, low housing inventory, mortgage rates in the 8%, and loan officers quitting the mortgage industry by the thousands, is now a very bad time to become a mortgage loan officer? Is it true that the national number of loan officers dropped by over half due to the mortgage industry going under? Is it true over fifty percent of the mortgage companies went out of business and there are more mortgage brokers and mortgage bankers that are waiting to get out of business?

People with diabetes has a shorter lifespan. However, the lifespan depends on how the person takes care of their body. Does anyone know the average lifespan of a diabetic versus a person without diabetes?

Can diabetes cause blindness?

Can the staff of GCA FORUMS and Sub-FORUMS give us news on what the progress is with the GREAT CONTENT AUTHORITY (GCA) FORUMS, GCA FORUMS Online Community, and GCA FORUMS Mortgage Group. A complete UPDATE will be greatly appreciated. Members of GCA FORUMS would appreciate what the status is with the GCA FORUMS Business Directory, GCA FORUMS Classified Ads, and the Online Business Solutions and Viral Website Developers.

What is lasik eye surgery safe?

What is the coronavirus pandemic? Is it true that the coronavirus pandemic was a man made weapon of mass destruction? What is true and what is fiction?

Does anyone know good tasting food for type one and type two diabetics?

Nebraska is a state located in the Midwestern region of the United States. Here are some key facts and information about Nebraska:

1. Capital and Largest City: The capital of Nebraska is Lincoln, while its largest city is Omaha.

2. Geography: Nebraska is known for its flat and largely treeless landscape, particularly in the eastern part of the state, which is part of the Great Plains. The western part of Nebraska is more rugged and includes the Sandhills region, as well as the beginning of the Rocky Mountains.

3. State Motto: The state motto of Nebraska is “Equality before the law.”

4. Nickname: Nebraska is often referred to as the “Cornhusker State.” This nickname is derived from the nickname “Cornhuskers,” which was given to the University of Nebraska athletic teams.

5. History: Nebraska became the 37th state of the United States on March 1, 1867. It played a significant role in the westward expansion of the United States during the 19th century, as the Transcontinental Railroad passed through the state.

6. Economy: Agriculture has historically been a major part of Nebraska’s economy. The state is known for its production of corn, soybeans, beef, and other agricultural products. In recent years, Nebraska has also developed a growing technology sector, particularly in and around Omaha.

7. Education: Nebraska is home to several institutions of higher education, including the University of Nebraska system, Creighton University, and Nebraska Wesleyan University.

8. Natural Attractions: Nebraska has several natural attractions, including Chimney Rock, a famous landmark on the Oregon Trail, and the Sandhills, which are a unique region of sand dunes and grasslands. The state also has several state parks and recreational areas for outdoor enthusiasts.

9. Historic Sites: Nebraska has numerous historic sites and museums, including the Homestead National Monument of America, which commemorates the Homestead Act of 1862, and the Strategic Air Command & Aerospace Museum, which showcases the history of military aviation.

10. Sports: Sports are popular in Nebraska, and the state is known for its passionate fan base, especially in college football. The University of Nebraska’s football team, the Cornhuskers, has a strong following. The state also has minor league baseball teams and other sports activities.

These are just some of the key aspects of Nebraska, a state with a rich history and diverse landscapes.

When you see market with such high rates – your reaction be like ! yet we can work together and get to finish line !!

When you are not sure – Let experts at Gustan Cho handle it !!

Best Mortgage Lenders for 500-579 Credit Scores

The best mortgage lenders for mortgages down to 500 FICO are direct or wholesale ones with zero lender overlays. The best bad credit lenders are mortgage lenders that will just off HUD agency guidelines and not implement lender overlays. Per HUD agency mortgage guidelines, anyone who meets HUD FHA lending requirements per HUD 4000,1 FHA Handbook is eligible for FHA loans. The automated underwriting system is a sophisticated computerized system with detailed, up-to-the-minute updated guidelines on all aspects of FHA loan requirements. The AUS will render an automated finding based on the HUD agency guidelines.

Payday loans are short-term high-interest loans backed by future paychecks. It is not recommended getting payday loans due to the high interest loan shark type of fees.

Maine is a state located in the northeastern region of the United States. Its capital city is Augusta, and its largest city is Portland. Maine is known for its rugged coastline along the Atlantic Ocean, picturesque lighthouses, and abundant natural beauty. Here are some key facts and features of Maine:

1. Geography: Maine is the northernmost state in the contiguous United States and is bordered by New Hampshire to the west, the Canadian provinces of Quebec to the northwest and New Brunswick to the northeast, and the Atlantic Ocean to the east and south. It has a diverse landscape that includes mountains, forests, lakes, and a rocky coastline.

2. Nickname: Maine is often called the “Pine Tree State” due to its dense forests of pine trees.

3. Lobster: Maine is famous for its lobster industry. Lobster fishing is a significant part of the state’s economy, and Maine lobsters are known for their quality and taste.

4. Tourism: Maine is a popular tourist destination, particularly in the summer and fall. Visitors come to explore its natural attractions, such as Acadia National Park, Baxter State Park, and the Appalachian Trail. The state’s coastal towns, like Bar Harbor and Kennebunkport, also draw tourists with their charm and scenic beauty.

5. Acadia National Park: Located on Mount Desert Island, Acadia National Park is one of the most visited national parks in the United States. It offers stunning vistas, hiking trails, and opportunities for outdoor recreation.

6. Maritime History: Maine has a rich maritime history, with a legacy of shipbuilding, fishing, and seafaring. The state’s maritime heritage is celebrated in museums and festivals.

7. Climate: Maine has a varied climate, with cold winters and mild summers in the interior regions, while coastal areas experience milder winters and cooler summers due to the moderating influence of the ocean.

8. Economy: In addition to lobster fishing and tourism, Maine’s economy includes agriculture, manufacturing, healthcare, and technology industries. The state is also known for its blueberry production.

9. Cultural Heritage: Maine has a rich cultural heritage, influenced by its Native American, French, English, and Irish roots. Its culture is celebrated through various festivals, art, and local traditions.

10. State Motto: Maine’s state motto is “Dirigo,” which is Latin for “I direct” or “I lead.” It reflects the state’s role in leading the nation as the easternmost state and guiding its future.

Maine is known for its natural beauty, outdoor recreational opportunities, and unique coastal lifestyle. It is a popular destination for those seeking a peaceful and picturesque escape from city life.

Missouri is a state located in the Midwestern region of the United States. Its capital is Jefferson City, and its largest city is Kansas City. Here are some key facts and information about Missouri:

1. Geography: Missouri is known for its diverse geography, with the Ozark Mountains in the south-central part of the state and the Mississippi River forming its eastern border. The state is also home to numerous rivers, lakes, and forests.

2. Nickname: Missouri is often referred to as the “Show-Me State.” The origin of this nickname is not entirely clear, but it is commonly associated with a phrase used by Congressman Willard Vandiver in 1899: “I’m from Missouri, and you’ve got to show me.”

3. State Symbols: Missouri has several state symbols, including the state bird (Eastern Bluebird), state flower (Hawthorn), and state tree (Flowering Dogwood).

4. History: Missouri has a rich history and played a significant role in the westward expansion of the United States. It was admitted to the Union as the 24th state in 1821. During the American Civil War, it was a border state with both Union and Confederate sympathizers.

5. Major Cities: Besides Kansas City and Jefferson City, other major cities in Missouri include St. Louis, Springfield, Columbia, and Independence.

6. Economy: Missouri’s economy is diverse and includes industries like agriculture, manufacturing, healthcare, and transportation. St. Louis is known for its role in the beer brewing industry and as a hub for several major corporations.

7. Education: Missouri is home to several universities and colleges, including the University of Missouri, Washington University in St. Louis, and Missouri State University.

8. Sports: The state has a strong sports culture, with professional sports teams such as the Kansas City Chiefs (NFL), St. Louis Cardinals (MLB), and the St. Louis Blues (NHL).

9. Natural Attractions: Missouri offers various natural attractions for outdoor enthusiasts, including the Ozark National Scenic Riverways, Mark Twain National Forest, and the Gateway Arch National Park in St. Louis.

10. Tourism: Tourism is a significant industry in Missouri, with attractions like the Gateway Arch, Silver Dollar City amusement park, and the Missouri Botanical Garden drawing visitors from around the country.

Please note that this information is accurate as of my last knowledge update in January 2022, and there may have been developments or changes in Missouri since then.

Second homes, often referred to as vacation homes or secondary residences, are residential properties that individuals or families own in addition to their primary residence. These homes are typically located in different geographic areas, such as vacation destinations or scenic rural areas, and they serve various purposes depending on the owner’s preferences and needs. Here are some key characteristics and reasons why people own second homes:

1. Vacation Getaways: Many people purchase second homes in attractive vacation spots or resort areas. These homes provide a convenient and comfortable place to spend holidays, weekends, or extended vacations away from their primary residence. This allows individuals and families to enjoy leisure activities, relaxation, and a change of scenery.

2. Investment Properties: Some individuals buy second homes as investment properties. They may rent out these homes when not in use to generate rental income and potentially benefit from property appreciation over time. Investment properties can be a source of passive income and a way to diversify one’s investment portfolio.

3. Retirement Planning: Some people acquire second homes with the intention of using them as retirement residences in the future. Owning a retirement home in a desirable location allows individuals to secure their ideal retirement lifestyle and potentially enjoy a lower cost of living.

4. Family and Friends: Second homes can serve as a place to accommodate family members, friends, or guests when they visit the area. This can be especially useful for those with large families or frequent visitors.

5. Lifestyle and Hobbies: People with specific interests or hobbies, such as golf, skiing, fishing, or boating, may buy second homes in areas that offer easy access to their preferred activities. These homes provide a convenient base for pursuing hobbies and recreational pursuits.

6. Tax Benefits: In some cases, owning a second home may offer tax advantages, such as deductions for mortgage interest and property taxes. However, tax benefits can vary depending on the location and usage of the second home, so it’s essential to consult with a tax professional for guidance.

Second homes can vary in size and style, ranging from small cottages to luxurious estates. The reasons for owning a second home vary from person to person, and they can provide a sense of escape, relaxation, and convenience for their owners. It’s essential to carefully consider the financial and logistical aspects of owning a second home, including maintenance costs, property management, and potential rental income, before making such an investment.

My friend Bill Burger-King Whopper is in Puerto Rico 🇵🇷. Bill, how’s life in Puerto Rico?

“MISSISSIPPI” is a U.S. state located in the southeastern region of the country. It is known for its rich history, diverse culture, and natural beauty. Here are some key facts and information about Mississippi:

1. Capital and Largest City: Jackson is both the capital and the largest city in Mississippi.

2. Nickname: Mississippi is often called the “Magnolia State” because of the abundance of magnolia trees and flowers in the region. Another nickname is the “Biloxi State,” referring to one of its prominent cities.

3. Geography: Mississippi is bordered by Tennessee to the north, Alabama to the east, Louisiana to the south, and the Mississippi River to the west. It has a diverse landscape, including flat coastal plains along the Gulf of Mexico, rolling hills in the central region, and forested areas in the northern part of the state.

4. History: Mississippi played a significant role in the American Civil War, with battles like the Battle of Vicksburg having a major impact on the outcome of the war. The state has a complex history of civil rights struggles and was a focal point of the civil rights movement in the 1950s and 1960s.

5. Economy: Mississippi’s economy is diverse and includes industries such as agriculture (cotton, soybeans, poultry, and aquaculture), manufacturing, healthcare, and tourism.

6. Culture: Mississippi has a rich cultural heritage, particularly in music. It is considered the birthplace of blues music, and famous musicians like B.B. King, Elvis Presley, and Muddy Waters have ties to the state. Literature also has a strong presence in Mississippi, with authors like William Faulkner and Eudora Welty hailing from the state.

7. Education: Mississippi is home to several universities and colleges, including the University of Mississippi (Ole Miss) and Mississippi State University.

8. Landmarks and Attractions: The state offers various attractions and landmarks, such as Vicksburg National Military Park, Natchez Trace Parkway, Gulf Islands National Seashore, and the Mississippi River itself, which is an essential part of the state’s identity.

9. State Symbols: Mississippi has several official state symbols, including the magnolia blossom (state flower), the white-tailed deer (state mammal), and the mockingbird (state bird).

10. Sports: College football is immensely popular in Mississippi, with rivalries between teams like Ole Miss and Mississippi State drawing large crowds. The state also has a rich tradition in sports, producing many professional athletes.

Remember that this information is based on my knowledge as of November 2023, and there may have been developments or changes since that time.

Illinois is a state located in the Midwestern region of the United States. It is known for its diverse geography, including fertile farmland, rolling plains, and the bustling city of Chicago, which is the largest city in the state and the third-largest in the United States. Here are some key facts and information about Illinois:

1. State Capital: Springfield
2. Largest City: Chicago
3. Nickname: The Prairie State
4. Motto: “State Sovereignty, National Union”
5. Area: Approximately 57,914 square miles, making it the 25th largest state in the U.S.
6. Population: As of my knowledge cutoff date in January 2022, Illinois had a population of over 12.8 million people, making it the sixth most populous state in the country.
7. Geography: Illinois features a diverse landscape that includes fertile plains, forests, lakes, rivers, and the southern tip of Lake Michigan. The northern part of the state is characterized by the flat terrain of the Great Plains, while the southern part is more hilly and wooded.
8. Economy: Illinois has a diverse economy with a strong focus on agriculture, manufacturing, finance, and technology. Chicago is a major financial and business hub, home to the Chicago Mercantile Exchange (CME) and many Fortune 500 companies.
9. Education: Illinois is home to several prestigious universities and colleges, including the University of Illinois, Northwestern University, and the University of Chicago.
10. Landmarks: Illinois is known for its cultural and historical landmarks, including the Art Institute of Chicago, Millennium Park, Navy Pier, and the historic Route 66, which begins in Chicago.
11. Politics: Illinois has a history of political significance and has produced several U.S. presidents, including Abraham Lincoln and Barack Obama.
12. Transportation: The state has a well-developed transportation infrastructure, including major highways, airports, and a network of railways and waterways. O’Hare International Airport in Chicago is one of the busiest airports in the world.
13. Sports: Illinois is home to various professional sports teams, including the Chicago Bears (NFL), Chicago Bulls (NBA), Chicago Cubs and Chicago White Sox (MLB), and Chicago Blackhawks (NHL).

Please note that some of the information provided may have changed since my last knowledge update in January 2022. If you have specific questions or need more up-to-date information about Illinois, please feel free to ask.

A federal jury’s landmark ruling could upend how Americans buy & sell homes. This is an interesting ruling that was just handed down after a Missouri jury found The NAR (National Association of Realtors) and others guilty of collusion to maintain commissions.

PLEASE READ THIS ARTICLE AND RESPOND IN THIS FORUM.

https://www.mpamag.com/us/news/general/nars-commission-collusion-case-rattles-real-estate-industry/465340

mpamag.com

NAR’s commission collusion case rattles real estate industry

Missouri verdict opens Pandora's box of lawsuits and potential overhaul in how homes are sold

Buying a house in Montana can be an exciting and rewarding experience, as Montana offers a unique blend of natural beauty, outdoor recreational opportunities, and a relatively low population density. Here are some steps to consider when buying a house in Montana:

1. Determine Your Budget: Before you start searching for homes, assess your financial situation and determine how much you can afford to spend on a house. Consider factors like your down payment, monthly mortgage payments, property taxes, and maintenance costs.

2. Research Locations: Montana is a large state with diverse landscapes and communities. Decide on the area or city in Montana where you want to buy a house based on your preferences, such as proximity to work, schools, outdoor activities, and lifestyle.

3. Work with a Real Estate Agent: Hiring a local real estate agent who is familiar with the Montana real estate market can be a valuable asset. They can help you find properties that match your criteria, negotiate on your behalf, and guide you through the buying process.

4. Get Pre-Approved for a Mortgage: Speak with a mortgage lender to get pre-approved for a mortgage loan. This will give you a better idea of your budget and make you a more competitive buyer when you find a house you like.

5. Start Your Search: Begin looking for homes that meet your criteria, whether online through real estate websites, local listings, or with the assistance of your real estate agent. Attend open houses and schedule private showings to see potential properties in person.

6. Make an Offer: When you find a house you want to buy, work with your real estate agent to make a competitive offer. Be prepared to negotiate with the seller, and consider including contingencies in your offer to protect your interests.

7. Conduct Inspections: After your offer is accepted, schedule a home inspection to identify any potential issues with the property. You may also want to consider additional inspections for things like radon or well water quality, depending on the property’s location.

8. Secure Financing: Finalize your mortgage financing by working closely with your lender. Ensure that you have all the necessary documentation and information to complete the loan application process.

9. Closing: Once all the contingencies are met and the financing is in place, you’ll schedule a closing date. At the closing, you’ll sign all the necessary documents and officially take ownership of the property.

10. Move In: Congratulations! After closing, you’ll receive the keys to your new Montana home. Plan your move and enjoy all that Montana has to offer.

Keep in mind that the Montana real estate market can vary by location and season, so it’s essential to stay informed and work closely with professionals throughout the buying process. Additionally, consider factors like property taxes, homeowner’s insurance, and ongoing maintenance costs when budgeting for your new home in Montana.

Time flies, and everyone wants to limit the wasteful. The time they spend going to the wrong source for research on buying a home and getting approved for a mortgage. Over 80% of our clients at Gustan Cho Associates are borrowers who could not qualify at other mortgage companies due to the lender’s overlays or because the lender did not have the best mortgage loan option

Proud to announce my colleague, Associate and friend Dr. Martin Blank is running for Congress of The United States 🇺🇸 in Michigan. Dr. Blank is a retired colonel of the U.S. Army, a residential and commercial loan officer, a cardiovascular surgeon, a trauma surgeon, an attorney, and a police officer. With his vast work experience and excelling in every field he is in and his kind heart and generosity in always wanting to help family, friends, co-workers, and his community, I don’t think you will have a better candidate for Congress other than Dr. Martin Blank, M.D. I give Dr. Blank full support and endorse Dr. Martin Blank for Congress

• This discussion was modified 4 months, 1 week ago by  Sapna Sharma.

So many scammers when it comes to shopping for pets. This website is reputable and referred this site to my friend Wendy Lahn and she got her dog from this site.

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How hard is difficult to finance a boat and yacht? What is the maximum debt-to-income ratio you need to finance a boat or yacht? What is the maximum term can I get a yacht amortized for? `0,15, 25, 30 years? What credit score is required to finance a boat or yacht? Can you get a 30 year amortization on financing a %700,000 yacht? Where do I go for financing a boat or million dollar yacht?

Danny Vesokie is President of Affiliated Financial Partners Commercial Loan School, a training program for Commercial Loans. It is a three day one on one training school online with lifetime support. I have known Danny Vesokie for years and he has trained people who want to get into Commercial lending through his Affiliated Financial Partners Commercial Loan Officer School.

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

Hello…. I just spoke with the managing broker where I am licenses as a realtor…..they are giving me some pushback about being the Realtor AND the loan officer on the same transaction….stating that although its ALLOWED that our E&O may not cover us donig this transaction…..is anyone else having this issue with THEIR real estate broker?

I like to introduce my dear friend Bill Burg

Bill Burg and I go back 2017 which is six years. I hired Bill i n2017 at USA Mortgage. I was boufgr Mr. Burg was hired as a loan officer. He was offered a larger salary and position that it was better than he had at USA Mortgage at a different Mortgage Company about a year later. We kept in touch over the years until he recruited me and my team in January 2021. We grew our friendship and are still going strong with common interests we share. Bill Burger-King will be an important part and contributing partner in this section.

• This discussion was modified 1 year, 6 months ago by  Gustan Cho.