Forums Discussions
-
All Discussions
-
There is a condominium crisis forecase in the state of Florida. The term “condo crisis” refers to various potential issues such as maintenance problems, structural issues, financial difficulties, or even environmental concerns. Florida has faced challenges in the past related to condominiums, including issues with building maintenance, insurance costs, and natural disasters such as hurricanes. The state’s vulnerability to climate change and rising sea levels also poses risks to coastal properties, including condominiums. To get the most accurate forecast regarding the condominium market in Florida and any potential crises, you would need to consult real estate experts, industry reports, and local government agencies for the latest information and projections. Additionally, staying updated on news related to the real estate market and potential regulatory changes could provide insights into any emerging issues or crises.
View Last Reply:
replied 1 year, 9 months ago
| Participants: 6 Members
|
6 Replies
-
What are lender overlays by mortgage companies. What is the differences between a conventional loan and government-backed mortgage loans. What does it mean if a mortgage loan is backed by the government. Are conventional loans backed by the government? What are common lender overlays on FHA, VA, USDA, and Conventional loans.
View Last Reply:
replied 1 year, 9 months ago
| Participants: 2 Members
|
1 Reply
-
How do you figure out what debt to pay off first. Home prices are at historic highs and many homeowners have the opportunity to do a cash-out refinance from the equity in their homes. However, there are instances where the proceeds from the cash-out refinance will not be enough to pay all outstanding debts of the borrower. So, if that is the case, what debt should you always pay off first. What are the three biggest strategies for paying down debt. Should I pay the debt with the highest monthly payment first?
View Last Reply:
replied 1 year, 9 months ago
| Participants: 2 Members
|
1 Reply
-
What does COs mean in mortgage terms. How is the process of COs.
View Last Reply:
replied 1 year, 9 months ago
| Participants: 2 Members
|
1 Reply
-
Were you aware that for a mere $100,000, artificial intelligence can create a virus that can kill millions of people? According to Jason Matheny, the president of Rand Corporation, a think tank that studies security issues, This article appeared in the New York Times. In response, it would cost billions of dollars to create a vaccine or antiviral.
Some years ago, a team created a distant cousin of small pox for $100,000. AI can be less expensive to refine, making chemical warfare cheap and effective. Russia has already launched chemical warfare on Ukraine, and the Chinese government has raised the possibility and targeted particular races. All this stuff is pretty scary. The big threat comes from China’s biowarfare. Robots are programmed to be killers—maybe not pillage and rape. AI robots would be less prone to massacres and tortures.
Technology has the ability to suppress this situation. A random study proved that young people who gave up smart phones enjoyed the simple things in life. All high-tech companies have the ability to weed through all the child porn; they can use immunities to stop these types of robotic AI postings.
If we don’t try to control AI, it will be the greatest challenge for our grandchildren since Prometheus defied the gods and gave fire to humanity in the form of technology to enhance civilization.
View Last Reply: replied 1 year, 9 months ago
| Participants: 3 Members
|
4 Replies
-
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 1 year, 9 months ago by
Gustan Cho.
View Last Reply: replied 1 year, 9 months ago
| Participants: 2 Members
|
1 Reply
-
This discussion was modified 1 year, 9 months ago by
-
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?
View Last Reply: replied 1 year, 9 months ago
| Participants: 2 Members
|
1 Reply
-
My credit score is low and a lot of credit cards are pending. Should I refinance my home to consolidate the debts?
View Last Reply: replied 1 year, 9 months ago
| Participants: 2 Members
|
1 Reply
-
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?
View Last Reply: replied 1 year, 9 months ago
| Participants: 2 Members
|
1 Reply
-
Are non-qm loans hard money loans?
View Last Reply: replied 1 year, 9 months ago
| Participants: 4 Members
|
3 Replies
-
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
View Last Reply:
replied 1 year, 9 months ago
| Participants: 3 Members
|
3 Replies
-
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.
View Last Reply:
replied 1 year, 9 months ago
| Participants: 4 Members
|
5 Replies
-
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?
View Last Reply: replied 1 year, 9 months ago
| Participants: 2 Members
|
1 Reply
-
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?
View Last Reply:
replied 1 year, 9 months ago
| Participants: 3 Members
|
4 Replies
-
We decided to get a Doberman Pincher, we already have a twelve year old Labrador . Years ago we had a Husky and thought he needed a younger brother, so we adopted the Lab. They got along perfectly, so perfectly in fact the Lab mimicked the Husky. The Husky had a habit of removing a couple of pieces of dog food from the bowl, walk three feet and spill the food. Eating slowly while savoring every tid bit. The plan was to pass these habits and others on to the Doberman. Boy was that wishful thinking.
The five month old puppy insists on playing with the old lab, who has no interest at all! The plan was to introduce the puppy to the old man in the old man’s house. We recently purchased a new house and wanted the puppy to get used to the old man’s home. Maybe thinking the puppy wouldn’t be as dominant. That didn’t work. The old Lab can’t even crap in peace, the Dobie has to be up his ass, quite literally! What did work was the puppy had his on mind, we knew what we getting into, a stubborn breed of dog, but a five month old, forty five pound puppy had other ideas. He bites everything, not serious a nibble here a nibble there. He bites shoes, even when you are wearing them.
The fact about Dobermans is that they follow everyone in the family and cling to one person, i am the one he picked, lucky me. He is able to sleep by my side of the bed which is sweet, until you need a bathroom run, he must lead the way into the bathroom. While waiting for me nothing is sacred, he must inspect everything dozen of times. He sleeps seventeen hours a day, the other seven can be hell. He pretends he doesn’t know his name, but he will automatically sit for a treat. The pet store sells this spray to deter dogs from biting, he loves it!
There is no book, “Doberman’s for Dummies,” but there is a training book, “101 for Dobermans.” We hope the book will give us some insight, or at least train us.
I better sign off now, I hear him stirring and must baby proof the house once agin. Oh, well we wanted a Doberman.
View Last Reply: replied 1 year, 9 months ago
| Participants: 2 Members
|
2 Replies
-
What does it mean by REOs?
View Last Reply:
replied 1 year, 9 months ago
| Participants: 3 Members
|
2 Replies
-
Can you explain what LOX mean from my mortgage underwriter?
View Last Reply: replied 1 year, 9 months ago
| Participants: 2 Members
|
1 Reply
-
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:
- 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.
- 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.
- 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 1 year, 9 months ago by Gustan Cho.
facebook.com
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...
View Last Reply: replied 1 year, 9 months ago
| Participants: 3 Members
|
2 Replies
-
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?
View Last Reply:
replied 1 year, 9 months ago
| Participants: 3 Members
|
2 Replies
-
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 1 year, 9 months ago by Gustan Cho.
facebook.com
6 Disabled People Who Married Beautiful Women
View Last Reply:
replied 1 year, 9 months ago
| Participants: 3 Members
|
2 Replies
-
This discussion was modified 1 year, 9 months ago by
-
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.
https://www.facebook.com/share/v/YwdBc8PhjeirkcKg/?mibextid=NqTh7c
-
This discussion was modified 1 year, 9 months ago by Gustan Cho.
facebook.com
Rich Kid Makes Fun Of A Poor Immigrant Boy | By Dhar MannFacebook
Rich Kid Makes Fun Of A Poor Immigrant Boy | By Dhar MannFacebook
View Last Reply: replied 1 year, 9 months ago
| Participants: 3 Members
|
3 Replies
-
This discussion was modified 1 year, 9 months ago by
-
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.
View Last Reply:
replied 1 year, 9 months ago
| Participants: 7 Members
|
12 Replies
-
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.
View Last Reply: replied 1 year, 9 months ago
| Participants: 4 Members
|
4 Replies
-
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?
View Last Reply: replied 1 year, 9 months ago
| Participants: 8 Members
|
8 Replies
-
What is appraisal fraud.
View Last Reply: replied 1 year, 9 months ago
| Participants: 3 Members
|
2 Replies
-
What is the difference between FHA AMENDATORY CLAUSE and VA AMENDATORY CLAUSE?
-
This discussion was modified 1 year, 9 months ago by Sapna Sharma.
View Last Reply: replied 1 year, 9 months ago
| Participants: 3 Members
|
2 Replies
-
This discussion was modified 1 year, 9 months ago by
-
-
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 1 year, 9 months ago by Gustan Cho.
View Last Reply: replied 1 year, 9 months ago
| Participants: 2 Members
|
1 Reply
-
This discussion was modified 1 year, 9 months ago by
-
The doctor said I might have to lose three fingers on my left hand.
Will you still be able to write?
Maybe, but I shouldn’t count on it.
View Last Reply:
replied 1 year, 9 months ago
| Participants: 2 Members
|
1 Reply
-
Property taxes in Wisconsin is going through the roof. In Kenosha County, Racine County, and Milwaukee County, property tax assessor office announced property reassessment increases due to higher real estate values. High reassessment by the county assessor office means property taxes in Wisconsin will be reassessed and increase. I want to know if anyone with expertise in property tax assessments if Wisconin have a property tax cap? Is there a maximum limit on how much property taxes can go up in Wisconsin? At what age do you stop paying property taxes in Wisconsin? How do I fight a high property tax reassessment by the county assessor’s office in Wisconsin? What does an increase property tax assessment by the Assessors Office mean on my property taxes? Why do property value and property taxes increase? Are homeowners in Wisconsin seeing a big property tax increase? What if I cannot afford the property tax increase? How do I avoid paying property taxes in Wisconsin? How are property taxes in Wisconsin compare with the rest of the country? What is the difference in property taxes in Wisconsin between an owner-occupant home versus an investment home or investment property?
https://www.youtube.com/watch?v=8WnmS3ipzBI
youtube.com
Homeowners, landlord react to increase on property value assessments
New property assessments are being mailed out to residents this week.The average increase is more than 17%, according to the city assessor's office. Property...
View Last Reply:
replied 1 year, 9 months ago
| Participants: 3 Members
|
2 Replies
