Posts Tagged ‘Money’

Don’t let the Grinch take an Inch!

Friday, December 16th, 2011

Though this article came from Durham, NC Police Department it applies no matter where you live. Saw my neighbors putting out a bunch of boxes yesterday (computers, tv’s, bicycles, etc) that just screamed “Check this out!”, so I thought I’d share some safety tips that are good for us all. 

2011 Yuletide Tips For Holiday Safety

This holiday season “Don’t Let The Grinch Take An Inch”. The Durham Police Department Crime Prevention Unitoffers simple safety strategies that could lessen, or even eliminate, the opportunity for a crime to occur.

Whether in town or travelling, in general be aware of your surroundings at all times,be alert to suspicious people and vehicles, and avoid dangerous situations.

 

If You Are Travelling…

 

  • • Before your trip copy all credit cards, airline tickets, passports and important documents ‐ front and back.
  • • Jewelry, luggage and all valuables should be photographed prior to trip.
  • • Inform your Neighborhood Watch block captain and/or a reliable neighbor of your travel schedule.
  • • Remember to stop delivery of your newspaper and mail.

 

Home Security

  • • Utilizing good dead bolt locks can deter a forced entry into a residence. Be extra cautious about locking doors and windows when you leave home, even if it’s just for a few minutes.
  • • Don’t display gifts where they can be seen from the outside. Consider breaking boxes down and transporting to the recycle station instead of setting them at the curb.
  • • Conduct a holiday inventory. Take photographs or make videos of items and list descriptions and serial numbers. Keep photos/video in a secure place for future reference. If your home is burglarized, having a detailed inventory can help identify stolen items and make insurance claims easier to file. Make sure items like TVs, DVDs, DVD players, stereo equipment, cameras, camcorders, sports equipment, jewelry, silver, computers, home office equipment and power tools are on the list.
  • • If you are at home and you hear someone breaking into your residence, leave the residence as quickly as possible. If you cannot leave, lock yourself in a room with a phone and call the police.
  • • When you leave home, use at least two timers for turning on lights within the residence. Also turn on a radio or a television. This will give the appearance that the home is occupied.
  • • Upon your return, if something looks questionable such as a slit screen, a broken window or an open door, do not go in. Call the police from a neighbor’s house or cell phone.

 

  • Report any suspicious activity to 911 immediately. When in doubt, call 911 !

 

  • • Neighbors watching out for each other can deter criminal activity in a neighborhood. Consider starting a neighborhood tradition by looking in on neighbors and reaching out in the spirit of the season by helping someone less fortunate or lonely.

Motor Vehicle Safety

 

  • • Never leave your vehicle running and unattended. Also, do not leave a spare key inside the vehicle.
  • • Do not leave valuables such as laptop computers, cellular phones and chargers, cash, loose change, radar detectors, detachable stereo covers, GPS, Palm Pilots, CDs, and sports equipment in view.
  • • Keep a record of all your serial numbers for stereo equipment, amplifiers, and other personal items.
  • • If you choose to drink alcohol at a party, DO NOT drink and drive.
  • • Do not create or send text messages while driving.

 

When Shopping…

 

  • • Park in well‐lit areas. Be sure to lock the car and to close all windows.
  • • Carry wallets in front pockets and purses close to your body. Consider carrying your wallet inside of a coat or pants pocket to deter purse‐snatchers.
  • • Avoid carrying large amounts of cash; pay with a check or a credit card. Make sure that only one receipt is printed and that only the last four digits of your card are visible on the receipt.
  • • When returning to your vehicle (or home), have your keys in your hand ready to open the door.
  • • Do not store packages in plain view in your car.
  • • If you take packages to the car, but plan to return to the store/mall, drive to a new location. Criminals can be on the lookout for unsuspecting shoppers who simply drop their purchases into the trunk and then return to shopping.
  • • Most vehicles are equipped with factory car alarms. If you become startled or are approached in a suspicious manner, push your vehicle’s panic alarm or the horn button on your key fob.
  • • When shopping with children, teach them to go to the store clerk, information center or security guard if you get separated.
  • • It’s always best to have a second adult when shopping with small children. They can watch your surroundings when loading children into safety seats.
  • • Be careful of people who rush you into signing anything – a contract or sales agreement. Read it carefully and consult someone you trust for a second opinion.
  • • Be cautious of persons claiming to represent companies, consumer organizations, or government agencies that offer to recover lost money from fraudulent telemarketers for a fee.

 

Protect Yourself on the Internet

 

  • • Shop with reputable companies. When ordering from a new company, request a catalog and have it sent to your residence.
  • • Protect your personal financial information by using a secure browser — one that can encrypt or scramble credit numbers or other personal data. Consider using the company’s 800 number or using a check or money order to pay for your purchase. Always print out a copy of your order and confirmation number for your records.
  • • Think security! Be leery of persons asking for your password or social security information.
  • • A con artist’s website can look just as professional as a legitimate company’s. Always know who you are dealing with.

 Mitzi Anthony is the Marketing Rep for Choice Title LLC, you can respond here, or contact her directly mitzi@choicetitle.com    

 http://twitter.com/choicetitle  

 Her weekly Blog can be found here.

Are we lucky or what?

Thursday, October 27th, 2011

There’s blind luck, dumb luck and then there’s get up every morning at 5:30 and sweat the details luck.
Few people actually stumble into wealth. It takes persistence, tenacity and a tireless work ethic. In the end, luck has little to do with success. It takes experience and hard work. Pure and simple.”
– SmithBarney CitiGroup (from their website)

I was going to take the easy way out and just post a link this week, but then thought better of it. I realized how lucky I was to be employed at a job I enjoy, in a market that was not the pits, among people that have some of the best work ethics I’ve ever witnessed. And being a farmer’s daughter, I’ve seen some pretty good efforts.

I watch you, my friends and colleagues, show up early, work late and weekends. Go out of your way to be kind and generous (with both your time and money) just to make sure folks get in the home they love. That of course, in turn, makes you successful, some might even say lucky. I say you’re determined. Determined to do your best and be your best.

The realtors have had to find creative ways to connect with a public that is more elusive every day. You put yourself out there on FB, Twitter, LinkedIn, Twillow, ActiveRain and heaven only knows what others. You’ve learned to be faster, smarter and more knowledgeable than ever. The lenders have had to endure more rule changes, mortgage mergers and underwriting snags than ever before in your industry. Yet, every day, I see a smile, hear a kind word or a suggestion of another program that might get that young couple into a home. Or a better way for the fella to get his home sold so he can take that new job he just got….that’s somewhere else. Or sell her the perfect home, in a great neighborhood that she had no idea was there because she just got transferred here from out of state.

The changes we’ve seen since Hurricane Katrina, and the boom that followed, I think lulled us into a momentary sense of plenty. It may seem like hell now, in comparison, but remember….

“If you’re going through hell, keep going.” - Winston Churchill

 

We’ll eventually come out the other side and most will be the better for it.

Louisiana is gaining ground on many fronts and our area is gaining more than most. We have plant expansions, NuCor, port expansion and more construction than we’ve seen in a while. Keep up the great work my friends and great success will follow. Aren’t we “lucky”??

Mitzi Anthony is the Marketing Rep for Choice Title LLC, you can respond here, or contact her directly mitzi@choicetitle.com  

 http://twitter.com/choicetitle

 Her weekly Blog can be found here.

Are Rentals the New Hot Market

Thursday, September 29th, 2011

With the number of foreclosures increasing and new downpayment requirements should your investors be looking for property to add to the rental inventory? Should you be looking for clients that want to rent out properties? At least until our market recovers some more of it’s value? Check this out, I found it interesting: http://money.cnn.com/2011/08/30/real_estate/rental_property_investing.moneymag/

Mitzi Anthony is the Marketing Rep for Choice Title LLC, you can respond here, or contact her directly mitzi@choicetitle.com  

 http://twitter.com/choicetitle

 Her weekly Blog can be found here.

NAMB Seeks Reduction in Fed Overregulation

Wednesday, August 31st, 2011

FOR IMMEDIATE RELEASE   
AUGUST 30, 2011

Contact:
Eric C. Peck

NMP Media Corp.
(516) 409-5555, ext. 312

NAMB feels lifting of LO compensation rule will boost mortgage related jobs and stimulate the economy through less overreaching lending regulations

AUGUST 30, 2011—As the federal government continues to seek new ways to create jobs and reduce burdensome regulation, the Association of Mortgage Professionals (NAMB) recommends that the Administration and Congress encourage the Consumer Financial Protection Bureau (CFPB) to rescind its loan originator (LO) compensation rule. Ever since the early April implementation of the Federal Reserve Board’s (FRB) Regulation Z; Docket No. R-1366, Truth-in-Lending on steering and LO compensation, consumers have experienced a dramatic increase in costs on their mortgages, in addition, the expenses have increased for all mortgage companies and a great impediment has been placed on the vital service of mortgage lending throughout local communities.

“Over the past three years, more than six different federal agencies have implemented new regulations and rules to try to help regulate and protect the consumer against unethical lending practices,” said Michael J. D’Alonzo, president of NAMB. “This has resulted in a further drain on our economy through overlapping and overreaching regulations.”

According to NAMB, regulations placed on the mortgage industry by the Federal Reserve and other regulatory bodies has resulted in good people being denied loans, in addition to the burden of increased consumer costs and a drastic reduction in the base of local mortgage professionals nationwide who provide homeownership opportunities in their local markets.

“When you take away consumer choice, you take away what has made this country great which is healthy competition,” said D’Alonzo. “This regulation, in essence, has established fixed pricing in the mortgage industry causing pricing to go up.”

As with many new regulations coming out of Washington, the new rules and regulations out of Dodd-Frank are overreaching and have slowed down the housing recovery and job creation, as housing remains the backbone of the national economy.

“Instead of really determining the root cause of the mortgage crisis, like loan type, Washington instead has issued new rules and regulations at individuals, rather than tackle the loan type scenario,” said Mike Anderson, vice president and Government Affairs Committee chair of NAMB. “Like the example NAMB used in its testimony before Congress on July 13, 2011, ‘Did the lawmakers legislate, regulate and impose stricter guidelines on pharmacists, doctors or drug stores after the discovery of harmful prescription drugs like Vioxx?’ No, they did not … they simply pulled the product from the shelf. It was loan type that caused the mortgage crisis. By no means is NAMB advocating going back to the days of reckless and irresponsible lending practices; however, with credit overlays, laws and new regulations, the housing recovery is extremely slow to any substantial recovery. LO compensation has caused hundreds and hundreds of small business to shut their doors and countless layoffs of support personnel in the mortgage industry.”


###

 
The National Association of Mortgage Professionals (NAMB)—The Association of Mortgage Professionals, is a trade association of mortgage professionals with membership in all 50 states and the District of Columbia. NAMB provides education, certification and government affairs representation for the mortgage industry. For more information, visit NAMB.org.

Once again the government seems to have thrown the “baby out with the bath water” in trying to correct the flaws in the housing sector. Let’s hope they “get it” and back off some of these overreaching regulations so business can grow instead of stagnate.

Mitzi Anthony is the Marketing Rep for Choice Title, Inc., you can respond here or contact her directly mitzi@choicetitle.com.

http://twitter.com/mitzi_anthony

Her weekly blog can be found here.

The simple truth about Short Sales

Thursday, August 25th, 2011

Mortgage servicers bypass foreclosure delays with more short sales
Mortgage servicers contending with attorney general investigations and extended foreclosure delays turned more to short sales in the past year. In August 2009, short sales accounted for 8% of all liquidations of distressed properties. That number grew to 25% by the middle of 2011, according to research from Moody’s Investors Service. Meanwhile, the time it took from [...]  

According to Louisiana Realtors Association, those homes that are in some stage of foreclosure sold in the second quarter of this year for approximately 30% less than other homes’ price in the same market. – Mitzi

This article was sourced from www.housingwire.com

Mitzi Anthony is the Marketing Rep for Choice Title LLC, you can respond here, or contact her directly mitzi@choicetitle.com  

 http://twitter.com/choicetitle

 Her weekly Blog can be found here.

Investment opportunities in 2011?…Look in the Mirror

Thursday, December 23rd, 2010

 As we approach 2011 with every tick of the clock, pundits, experts, and laymen’s (like myself) try to look into crystal balls and forecast what next year will bring in the Real Estate Industry. Guess what? No one knows. We can look at trends, but with so many variables why try, why not wait 2 weeks get the actual numbers for this year and be a bit more certain? So that is what I will do, my prediction for 2011’s outlook will be … I will tell you in 2011. There now that’s out the way; let’s talk about what we know. People will buy and sell houses next year, maybe more than this year maybe less but I know people will move from one house into another. More importantly they will need expert services from professionals who know the market and there will be less of those professionals than in the past. (Wait, was that a forecast)

            Between 2007 and 2008 LAR membership showed a 10% reduction in membership, between 2008 and 2009 a 7% reduction in membership was recorded, and as of October LAR membership has seen a 2% loss in it’s rank and file*. So what does that mean, well if you’re a realtor who is just waiting around for the market “To Turn”, absolutely nothing. But if you’re a Professional Expert Realtor who is willing to take the time to gain knowledge, who isn’t afraid to get back to basics while still looking toward new ways to give better service, than you must be feeling pretty good about 2011, because there is less competition and more opportunity this year than in the last few years. For Lenders the challenge is different, how to stay competitive with unknown changes come April (or maybe not),  and for the rest of us in the real estate industry the goal looks like doing more with less. The good news is Louisiana is showing growth (gradual, but growth still the same) in employment, consumer confidence is increasing and if I was one of those people who tried to forecast where to work in the real estate industry, Louisiana would be one of those places that showed the most promise.

            So you ask, “If I work in the real estate industry, how do I take advantage of 2011?”, Well over the next few weeks we will outline what to do, where to go, who to know and how to make it all work together to make 2011 a successful year for all of us. Welcome to the second decade of the new Millennium, one thing is for sure it will be different than the last. 

*Sourced from National Association of Realtors

Gareth Beale is the Marketing Director for Choice Title LLC, you can respond here, or contact him directly Gareth@choicetitle.com

 http://twitter.com/gareth_beale

 His weekly Blog can be found here.