The Mortgage Blog

It has been announced today on Fox business news that rates will not only remain stable but may even drop another 50 basis points, the new tax credit which offers the step up buyer a $6,500 tax credit along with the extended $8,000 for first time buyers is going to pump new life into a very volatile real estate market.  ARE YOU READY? Now lets not get too excited because the realty is that you and me the tax payer is going to subsidize this tax credit.  However most of us do agree that this credit will stimulate not only real estate sales but will also add to durable goods sales, real estate tax infusion which should help local districts and our community.  It should help small business and hopefully the overall cost should eventually reach a breakeven or at least a positive dent in our deficit.

Well, lets get past the boring stuff and talk about the exciting opportunities here.  Lets face it, 2009 has been challenging and has also weeded out some people, mostly part timers. And I have always said, there is no room for part timers in this business, or in the mortgage business.  If you are looking to supplement your income call Macy's they can use the Xmas help. Real estate is big business, not for the faint of heart.  I may be offending some but I must say you have already offended your client once you list their property and give them part time service. 

I am expecting to see big numbers for 2010 and I am happy to see that my loyal and very hard working Realtor partners are gearing up for it.  Don't throw in the towel, remember when the going gets tough, the hard working tough get going!

I am announcing now...2010 is The Year Of The Realtor

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