Monthly Archives: July 2017
Tom’s Take #22 – Is it really necessary to be at settlement?
The real estate industry is full of practices and procedures that are done in a certain way because they have always been done that way. Â The settlement of a property is a prime example. Â Cheryl Vaughan, the Closing Coordinator for the Tom Toole Sales Group, has handled close to 4,000 settlements in her career... Read More
Tom’s Take #21 – Fannie Mae just made it easier to qualify for a loan
Breaking news from Fannie Mae, the allowable debt-to-income ratios for conventional loans will be increasing as of July 29th.  Not only will this help Buyers and Seller, but the Consumer Financial Protection Bureau (CFPB) is making the closing process easier by lightening regulations.  Check out episode #21 of Tom’s Take to see how that... Read More
Tom’s Take #20 – Q2 2017 Market Update
In our local market, we continue to see low inventory levels and an increase in prices.  However, there are some important trends to acknowledge as we head into the 3rd quarter.  Check out episode #20 of Tom’s Take to learn exactly whjat happened so far this year and what it means for people looking... Read More
Tom’s Take #19 – What happens when a Realtor goes on vacation
We are in the height of vacation season, so what happens when a Realtor goes on vacation?  Yes, it does happen and can create some very clear uncertainties for both consumers and the agent themselves if they are not properly covered during the time away.  Check out episode #19 of Tom’s Take to find... Read More