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Recent Posts

Answering Mortgage and Credit-Related Questions and Connecting the Dots. How Can I Help??
Information Available at the Tips of Your Fingers. Tapping Information Available Through Chicagoland County Websites
Ways to Celebrate Valentine's Day 2012 In Chicago and Chicagoland
Things That Make You Go ... HUH??
The Appraisal Process ... Chances to Learn More, Share, and Be Happy When the Stars Align

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Gene's Bit of Blogging

Answering Mortgage and Credit-Related Questions and Connecting the Dots. How Can I Help??



Answering Mortgage and Credit-Related Questions
and Connecting the Dots ...
How Can I Help??

    

     Sometimes I wonder ...

    Am I really getting through to my clients?  My referral partners?

     Now I know there are ways to measure some of that.  Analytics are available and increasingly detailed for your website, social media, and more.

Contact Gene Mundt Chicago Bancorp Mortgage lender With Your Questions!     But I still sometimes wonder ... am I providing the information or answers to questions that are really on the minds of those finding and engaging me?  

     I remember having some heart-to-hearts with my kids when they were young.  Giving them a fairly thorough explanation on some topic ... only to find out afterwards that I had just given them a bunch of info they really could have cared less about. 

     What they'd REALLY wanted to know was ..... (fill in the blanks).   I in my zeal to help them or explain something had totally misinterpreted what they really were asking me.  Or I had assumed I knew what they wanted to know ... or should know.  Confused it or saw it through my own agenda.
 
     I do believe the information I typically provide my clients or referral partners is very worthwhile and has value.  It IS information they should have at some point in the process. 

     But I also think that it can sometimes have holes within it.  Or miss the mark, if it's not thee information they want, need, seek, or are ready to digest at the time.  I can still be leaving many dots unconnected for them.

     Obviously implementing better and more thoughtful listening skills all the time improves this issue.  But I also realize that nothing solves it like simply taking the time to ASK ... "What it is YOU want or need to know"?  "What questions do you have"?  Or ... Simply ASKING ... "Did I answer the questions you have or provide you the information you seek"?

Contact Gene Mundt Chicago Bancorp mortgage lenders with your Mortgage Questions and Needs    

     I'm thinking I should provide some real opportunity. Give YOU that chance now.   

     So ... Put your "Thinking Caps" on!

   

     What questions do YOU have regarding mortgage lending, mortgage processing, credit, appraisals, securing loan approvals, or more ...that you'd like answers to ... or informationon ... that haven't been addressed??  What dots haven't been connected for you?  Here or elsewhere ...

    Simply ... How can I assist you and answer your questions better?

      I'll be taking the questions asked ... and the topics raised ... and addressing them in upcoming posts.  Should you have need for a more timely or personal response ... I will contact you directly.

      This will prove very educational and insightful for me ... so I thank you ahead of time for your participation and your questions.  I hope it proves educational and beneficial for all that participate, as well ...



     * Should you have more direct mortgage and credit needsor questions, please contact me at any of the following:
Direct:  815.277.4036    Cell/Text:  708.921.6331
Website:  www.genemundt.com
Skype:  630.219.1316

 



    

Information Available at the Tips of Your Fingers. Tapping Information Available Through Chicagoland County Websites


Information Available at the Tips of Your Fingers.
Tapping Information Available Through
Chicagoland County Websites

Why and How It's Important ...




     I've written more than a few times, that I have a background of over 20+ years as a licensed IL Real Estate Appraiser.  Back when I started in the mortgage business, it wasn't uncommon for mortgage lenders to have dual responsibilities within their companies like this. 

Contact Services and Info from Gene Mundt, Chicago Bancorp mortgage lender     And of all the additional things I've studied, learned, and tackled within the framework of my years of mortgage services, I've found that my appraising education and experience has proven the most beneficial to me in conducting my services ... and my clients.  It's just been immeasurable.

     To say that "things have changed" somewhat over the years is an understatement.  The amount of information now available to a professional Appraiser is almost mind-boggling. 

     One of the greatest advantages for Appraisers performing appraisals in Will County, IL  can now be found through the County's Supervisor of Assessments' website.  The Plats of Subdivision for the entire County of Will ... Township by Township ... Section by Section ... Acre by Acre ... Lot by Lot ... and Parcel by Parcel ... is now available just by "clicking" on the Supervisor of Assessments' site. 

      As a former Appraiser that had to lug and then search through huge mountainous books of information years ago, that fact alone is amazing to me.  Those cumbersome books were unbelievably costly to possess too, I may add.  Now?  Click, click, click ... and that information is yours ... FREE.  And whether a professional or a member of the general public.  Rather impressive, I'd say.

     The information contained within the Will County Supervisor of Assessments' website is accessed easily.  The whole website is very "user-friendly".  But the same can be said for the other County Departments regarding taxes, recordings, and more.  I think Will County has done an exceptionally good job at making this information easily attainable for all that visit their sites.  Much the same can be said for other Counties in the Chicagoland area.

   Now, you must by this time be asking, "Why should I care about all of this"?

Contact to Gene Mundt, Chicago Bancorp Mortgage Lender   As a Realtor/Broker ... This valuable County information is available to you easily, as well.  Research and verifications of tax bills, tax amounts, Assessor's records of recently transacted sales, Recorder's filings for deeds, mortgages, mortgage releases, and more ... are easily found, verified, and then utilized within your transactions.  Click ... done!  No more chasing down the info like in the past.

    Mortgage Lenders ... must access and utilize the same information.  Having it as accessible as it is now is fantastic.  And that great benefit trickles down to home buying transactions too. 

     Within my own Mortgage Lending services, it's proven to be immensely beneficial when questions or issues regarding a potential purchased property itself has been raised ... even prior to actual mortgage application. Having the deep well of information contained within these websites has been an unbelievably wonderful asset and pool of information for me.  It's assisted me in servicing my clients and referral partners' mortgage lending needs more quickly and thoroughly.  It's saved my clients and referral partners time, money, AND frustration.

    As a Resident or member of the Public ... the addition of this multitude of information to these Will County websites must not be overlooked. YOU now have simple and easy access to information that was once much harder for you to obtain.  That YOUR County of Will (and others) has undertaken the task of making this information available to you, shows great commitment on their part.  The task must have been staggering both in the amount of data to be entered and the time it took to complete it.

    I've provided a listing below, of a few of the Illinois Counties within the Chicagoland area that are providing a wealth of real estate-related information within their County websites. Bookmark or save this blog.  The information contained below is very useful and may benefit you immensely at some point in the future, whether for personal or business purposes.

     As always, should you have any questions regarding the information you seek, please feel free to contact me.  I'll provide whatever information or assistance that I can to help serve your needs.


Cook/Chicagoland
Counties' Websites & Info

Will County, IL:
Supervisor of Assessments Website: www.willcountysoa.com/
Will County Assessors Directory: www.willcountysoa.com/assessor-information.aspx
Will County Treasurer's Website: www.willcountytreasurer.com


Du Page County, IL:  
Supervisor of Assessments Website: www.dupageco.org/soa
Du Page County Assessors Directory: 
Du Page County Treasurer's Website: www.dupageco.org/treasurer      


Kane County, IL:
Supervisor of Assessments Website: www.co.kane.il.us/soa 
Kane County Assessors Directory: 
Kane County Treasurer's Website: www.kanecountytreasurer.org


Cook County, IL:
Supervisor of Assessments Website: cookcountyassessor.com
Cook County Assessors Directory: cookcountyassessor.com/townshipassessors.aspx
Cook County Treasurer's Website: www.cookcountytreasurer.com 


Lake County, IL:
Supervisor of Assessments Website: www.lakecountyil.gov/Assessor/Pages/Default.aspx
Lake County Treasurer's Website: www.lakecountyil.gov/Treasurer/Pages/default.aspx

Grundy County, IL:
Supervisor of Assessors Website: 
Grundy County Municipalities & Townships:   www.grundyco.org/communities/communities.shtml
Grundy County Treasurer's Website: www.grundyco.org/treasurer/treasurer.shtml

Kendall County, IL:
Supervisor of Assessors Website: www.co.kendall.il.us/assessors/index.htm
Kendall County Assessors Directory: www.co.kendall.il.us/assessors/township_assessors.htm
Kendall County Treasurer's Website: www.co.kendall.il.us/treasurer/index.htm

McHenry County, IL:



     * Thinking of buying a home ... or refinancing ... in Will County or neighboring Chicagoland counties?  Let me put my 35 years of experience and expertise to work on your behalf. Contact me today.  We'll work together to find you the best possible mortgage and mortgage terms available to you.  Terms that will cement a brighter financial future.
    I can be reached at any of the following:
Direct:  815.277.4036   Cell/Text:  708.921.6331
Skype:  630.219.1316

Ways to Celebrate Valentine's Day 2012 In Chicago and Chicagoland


Ways to Celebrate
Valentine's Day 2012
in Chicago and Chicagoland


Gene Mundt Chicago Bancorp mortgage lender blog of Ideas for celebrating Valentine's Day 2012 in Chicago/Chicagoland
    
 Valentine's Day is coming soon!


     I thought it'd be fun to take a look at what the City of Chicago and Chicagoland area offered in the way of celebrations for this year's Valentine's Day holiday. Mortgage lenders need to do some "woo-ing" too, you know!

     What I found, was an unbelievable amount of information to pour through and consider.  There was definitely a bit of something to choose from for every taste and every pocketbook.

     Whether you're hoping to head to the City of Chicago ... or celebrating in the Chicagoland suburbs.  Wishing for some special "couple time" ... or hoping to include the kids ... the City of Chicago/Chicagoland area has Valentine's Day activities for you to choose from. 

     Heck ... I even found a special and novel opportunity to "pop the big question" to your sweetie around this special holiday.

     I decided to share with you a cross-section of the information I found while doing my own investigating.  When possible, I included the websites and contact information available, so if you have additional questions or needs, you can contact the venues or businesses directly.

     Hope the ideas and information found below help you in your quest to celebrate Valentine's Day in a special way with your special someone(s) ... 

    Enjoy ... and Happy Valentine's Day!


~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~



Valentine's Day 2012 Celebrations and Offers
in the City of Chicago and Chicagoland Area



Facebook Page of Salon Evania in Frankfort, IL

  Salon Evania   … 


Will Design Your Beautiful Valentine’s Exterior to Equal the Beauty You Find Within ...


 
     What Valentine doesn't like to be pampered?? 

     Pamper YOUR Valentine during the whole month of February at Salon Evania  in Frankfort, IL. 

    Book any combo of Hair and Make-Up Application … and your Valentine receives a FREE Manicure to top-off their look!  They’ll look spectacular when you step-out on the town to celebrate Valentine's Day together!

Salon Evania  is located at:     
13 Old Frankfort Way, Frankfort, IL               
Telephone:  815.277.2420

Their Salon Hours:
Tuesday:  11am-8pm
Wednesday:  11am-8pm
Thursday:  11am-8pm
Friday:  9am-5pm
Saturday:  9am-5pm
Closed Sunday & Monday

Salon Evania Services include:  Full Hair Services (cut, color, styling), Hair Removal, Make-Up, Bridal/Bridal Groups, Body Wraps, Extensions, Lashes, Nails. Skin Care, Hair Straightening

 
Noble Horse Chicago Carriage Rides

     The Noble Horse Carriage Rides are a fun way to tour Chicago's  North Michigan Avenue shopping district. 

     Boarding and Drop off is at Michigan Avenue and Chicago Avenue (800 North). Pick up and Drop off service to/from a nearby hotel/restaurant is available for an extra fee.
     Carriage Ride Hours:   Every day from 10:00 a.m - 4:30 p.m. and 6:00 p.m. - midnight.
    Carriage Ride Costs:    $35 per 1/2 hour, $70 per hour, with up to 4 passengers.   Extra charges apply for more than 4 passengers.   Tip additional …
    For Info, Phone:    312-266-7878

 
Chicago Odyssey Valentine Dinner Cruise

     Odyssey Cruises are located at: 
     600 E. Grand Ave., Streeterville
     Valentine's Cruise:  February 10 : 7:30 p.m. - 10:30 p.m.  
     Boarding takes place at 6:30 p.m.

     The cruise includes:   Dinner service, live entertainment, a champagne toast and a single red rose per couple.  A premium bar package is available for an additional $35.

Love Songs and Lights (FREE)

     Now through February 19th

     Enjoy the sights and lights of State Street and the sound of love songs when the Chicago Loop Alliance presents “Love Song and Lights” as part of Lightscape, a multisensory experience.
     Visitors are encouraged to submit love songs dedicated to their loved ones through Twitter, text messaging, or the Lightscape website.  The winning song will be chosen at random and will play with a romantic-themed colored light show.
 
Chocolate & Champagne Tour

     Join Chicago Chocolate Tours  for their annual “Chocolate and Champagne Tour!”

     Enjoy an evening of chocolate, Champagne and chocolate-Champagne confections. Guests will learn about the history, myths and pleasures of both chocolate and Champagne, two fantastic combinations of art and nature.

     Date:    Friday, February 10              5:30 pm
     Tickets are $50 per person.          
     To reserve your spot, call (312) 929-2939.

 
Sex, Love & the Second City:   A Romantic Dot Comedy presented by UP Comedy Club

     Now through February 29
     From legendary comedy theatre The Second City comes a play about relationships in the age of social networking. There are plenty of fish in the sea, but can we all live in eHarmony? Or are our lives too much of an open (Face)book? Find out more in this hilarious new show!
     For more info, go to:     http://upcomedyclub.com/show_right.cfm?id=121613

 
Ice Skating at the McCormick Tribune Ice Rink

     Open through Sunday, March 11, 2012, weather permitting.      Free and open to the public. 
     Skate rental is available for $10.
     The ice rink is located on Michigan Avenue between Washington and Madison streets.

And if you’d rather do your skating closer to Heaven
 
Skating in the Sky – John Hancock Observatory

     Now through April 8
     Take in awe-inspiring views of the city and beyond while twirling on a surface made of synthetic ice at the world’s highest skating rink on the 94th floor of the John Hancock Observatory.
     Located 1,000 feet off the ground, the rink will be open for skating daily from 9am–11pm. 
     Last skating ticket is sold at 10pm.

Valentine's Day Couples Cooking Class

     Charlie Baggs in the Belden Stratford 

     February 11th:           6:30 p.m. - 9 p.m.
    
     Sip complimentary prosecco with your partner as you watch an introductory cooking demo, prepare an international array of gourmet small plates with hands-on instruction and then sample the fruits--so to speak--of your labor.
 
Winter Dance (FREE)

     February 11: Dance lesson 5–6pm, open dancing 6–8pm
     Enjoy dance lessons at this indoor dance party in an indoor heated tent before heading out to see Luminous Field, the outdoor site-specific art installation by Luftwerk. 
     Dancing is preceded by a one-hour lesson led by professional instructors from the American Tango Institute.
     Admission isfree, food and beverages by Park Grill will be available for purchase.
 
Then head over to:

Luminous Field Lights Up Millennium Park

     (FREE)
     February 10–20: Fridays & Saturdays 6-10pm,
     Sunday-Thursday 6-9pm

     Come see Millennium Park transformed into a digital canvas of light and geometrical form with its first-ever site-specific video and sound installation by the Chicago-based artistic ensemble Luftwerk.      Created specifically for Millennium Park, the installation will illuminate Cloud Gate – known by many Chicagoans as “The Bean” – and its surrounding AT&T Plaza with dramatic images and colors set to music composed by Owen Clayton Condon, of the local avant-garde classical ensemble, Third Coast Percussion.
 
Say “I Do” in Millenium Park    

     February 11th and 12th

     Couples in love can get engaged to each other on the ice, and enjoy a Chicago Winter Dance celebratory package, including 5 minutes of exclusive ice time for the marriage proposal, complimentary skate rental, and either dinner at the Park Grill or champagne and dessert at the Park Grill lounge. 
    
For more information about the Chicago Winter Dance engagement packages, contact: lauren.rosenberg@cityofchicago.org or call:  312.744.7094. 
 
 
North Central College's Madden Theatre at the Fine Arts Center

     Sun., Feb. 12th 
     6:00 PM 
     171 E. Chicago Ave., Naperville, IL

     Music:   Cabaret star Sally Mayes showcases her classic and seductive vocals in her show "Valentine".
     Tickets: $30 and $25.
     For More Info:      Visit: northcentralcollege.edu/show
     or call the box office at:  630-637-SHOW (7469).
 
WINTER ON THE GREEN

     Feb 12, 2012    
     Time:  1-3PM      
     Breidert Green  -  Oak & Kansas Streets, Frankfort, IL  

     Bring your Valentine sweetheart to taste a variety of chocolate fondue delicacies!  Visit members of Frankfort Boy Scout Troop 270 while they demonstrate a winter campout and sample their hot cobbler made in Dutch ovens!

     For More Info:  815-469-2177   

 
Wine & Wildlife: Animal Attractions at Lincoln Park Zoo

     February 14th
     Times:   5:30–7 p.m. or 7:30–9 p.m.
    For participants ages 21 and older only!
     For Directions:    http://www.lpzoo.org/plan-your-visit/hours-location-directions
    
     $45   ($40 for Zoo members)

     Those who are wild at heart can woo their loved ones at the zoo on Valentine’s Day. This adults-only event will take place inside Regenstein African Journey, with champagne and chocolates being served as participants get the inside scoop on the risqué side of animal courtship—the wild lives of wildlife.
 
We Heart Hopping -  The Western Suburban Quilt Shop Hop

     Dates:    Feb. 9, 2012 - Feb. 12, 2012
     Times: Thurs. 10 am-8 pm, Fri. & Sat. 10 am-5pm,
     Sun.  Noon-4pm
     Location:    Roberts Sewing Center, 2011 S. Weber Rd,
                         Crest Hill, IL 60403

     Visit 7 of your favorite quilt shops in the western suburbs, each hosting it's own Valentine Hop!  Stop in at all  7 and you're eligible to win one of 22 great prizes.  Hoppers must pick up a "passport" and get stamps from each shop to participate in the grand prize give-away.
    Participating shops are:  Roberts Sewing Center (Crest Hill), Thimbles (Lockport), Pieceful Heart Fabrics (Lisle), Prairie Shop Quilts (Batavia), Prairie Stitches Quilt Shoppe (Oswego), Quilt Basket (Downers Grove), and Quiltfabric.com (Willowbrook).
     For More Info, Phone:    815-729-1600
     Or Visit the Roberts Sewing Center Website:  http://www.robertssewingcenter.com/
 

 

     Have little ones and family/friends you want to include in some of the celebrations??


     Head to:  Key Lime Cove Indoor Waterpark Resort in  Gurnee, IL
    
     Key Lime Cove offers 65,000 square feet of water thrills.  There’s no need to worry about cold, rain, or snow as it’s always a balmy 82 degrees here and the sun shines endlessly, so don't forget to pack your swimwear because you're definitely going to want to get wet!
     There’s plenty of water thrills and fun for kids of all ages here. We’ve got Wild Rides which are guaranteed to get your pulse pounding, lazy floats down the river for those who are looking forward to Takin’ it easy, and a play pond kiddie pool for the Lil’ Limers who need some extra special attention in a fun, safe and secure environment.

    The Lost Paradise Waterpark is open:
    Monday through Friday from 10 a.m. to 9 p.m. 
     Saturday and Sunday from 9 a.m. to 9 p.m
     For More Information, go to:   http://www.keylimecove.com/water-park/index.cfm
 
Valentine's Day Jump - Pump It Up with the Kids

   Friday, February 10, 2012   
    Start Time:    6:00 PM        End Time:    8:00 PM
     Located at:   4995 Varisty Drive,  Lisle, IL       
     Tel:   630-310-5700
             
     Bring the family for a jumpin' good time!  Enjoy jumping, climbing on the new Rock Wall, the glow party going in Arena B.   
    You can add Dinner $10 for a 12 inch pizza and a 2 liter drink.
     More Info at:  630-310-5700 to register
     Or E-mail: piulislemanager@gmail.com
 
Family Valentine Dance  -  Chicago Women's Park and Garden

      Friday, February 10, 2012
      Start Time:    4:00 PM       End Time:    6:00 PM
      Price:     $10

     Family fun dance with a Valentine theme   -  ALL AGES

      Located at:  1801 S Indiana Ave, Chicago, IL   
      Telephone:  312-328-0821
 
Downers Grove Ice Festival: Love is in the Air

     Friday, February 10th - 6:30 pm  thru
     Sunday, February 12, 3:00 pm

     Downtown Downers Grove:  Main & Curtiss Street
     Admission is $4.00      (Proceeds benefit Noah's Hope)

     Unique ice sculptures will line the streets of the downtown. 

    There will be live carving demonstration on Friday evening at 6:30 pm ... and also on Saturday and Sunday from 11am-3pm.  The live demonstrations will take place throughout Downtown Downers Grove. 
     There will also be:  a Ronald McDonald Magic Show, Pancake Breakfast, tasty street vendor, a special movie of E.T. at Tivoli Theatre.

     For More Info, go to:  http://www.downtowndg.orghttp://www.downtowndg.org/icewebtemp.pdf ...   
     Or contact: Downers Grove Downtown Management Corporation at 630-725-0991.
 
Clifford Valentine Party - Fox Valley Park District

      Saturday, February 11, 2012
      Start Time:     12:00 PM         End Time:    1:30 PM
      150 W. Illinois Ave.,  Aurora, IL

      Celebrate Valentine's Day in a big way -Clifford style! The big red dog is the guest of honor for this celebration that will feature crafts and games for everyone.
      Hot dogs, chips and punch will be served.  

     Advance Arrangements Required.  Call park to register.
      Registration closes Thursday, Feb. 9
      Minimum Age:   3 yrs.
      Pricing:   Residents:  $5        Non Residents:  $8
     Tel:   630-859-8606
                       

Valentine Pictures & Pony Rides  -  Sponsored by Plainfield Park District

     Date:     2/12/2012   
     Time:   1:00 PM - 3:00 PM
     Where:  Normantown Trails Equestrian Center,  Plainfield, IL   (Just south of 119 Street)
     Pony Rides $10              
     Pictures $3

    Make Peter Pan your sweetheart and take a picture with him for Valentine’s Day!  Peter will be festively dressed for the event and will pose for as many pictures as you can take in 3 minutes.
     Pony rides will also be available. Rides are 10 minutes in length and helmets will be provided.  
     Bring your camera as NTEC will not be providing a photographer or photos for this event.
    Please call ahead to book your pony ride time as those with reservations will be served first.  

     For Info on the Plainfield Park Dist.’s Normantown Trails Equestrian Center:  http://www.plainfieldparkdistrict.com/par-Normantown.asp

Valentine's Day American Girl

    Held at the Rec Center 
     Geneva Park District

     Enjoy decorating a special Valentine's Day outfit with accessories for your favorite doll.   

     Minimum Age:   3 yrs.      Maximum Age:   12 yrs.
     Advance Arrangements:      Children ages 3-5 require parent
     Pricing Notes:   $37 for residents    $57 for non-residents



Some Additional Inexpensive, but Wonderful Ways to Say “I Love You”
 
Valentine’s Day Crafts at your local library:

      Simply making a Valentine’s Day card and spending some one-on-one time together communicates big love to the littlest people in your life.
      Most area libraries, offer some sort of card-making project to help small hands craft cards that say {or illustrate} “I love you.” Worthy of noting, the mess from glitter and crafting won’t be in your kitchen.
 
And if you’re still looking for more Valentine’s Day ideas … don’t miss:
 
TribLocal Tweets:    All about Valentine’s Day

     Wednesday, February 1
     Time:  7 p.m. - 8 p.m.

     TribLocal staff and blogger Johanna Cook, aka Momma Cuisine, will be hosting a chat about all things Valentine’s Day. From candy to dinner for two, she’ll be offering up tips for how to treat your sweetie, or your loved ones.
    To participate in the hour-long chat, follow @TribLocal, TribLocal community producers and @MommaCuisine from 7 to 8 p.m.  on February 1st.   
     Make sure to use #TribLocal in your tweets.

     For more info Contact:   TribLocal, 312-731-5460




      *    Love yourself enough this Valentine's Day to check your credit ... and get pre-qualified for home buying.  Interest Rates are at historical lows ... and housing prices are down too.  And that makes this Valentine's Day a great time to think about buying a home.
    Contact me now ... for yourFREE Mortgage And CreditConsultation.  I'll be glad to hear from you and have the opportunity to earn your trust ... and your mortgage business.
     I can be reached at any of the following:
Direct:  815.277.4036   Cell/Text:  708.921.6331
Skype:  630.219.1316
 
 

     
    

    

    


Things That Make You Go ... HUH??



Things That Make You Go ... HUH??



 
     Do you FacebookTwitterLinkedIn?? Blog?? More social media venues??  Do Email blasts too??

     If you're in real estate or mortgage lending ... or almost any business these days, you do.  To some extent and in some manner.

     And if you've been doing the social media "thing" and Email blasts for awhile, you've probably accumulated quite a following.  Exactly what we're ALL after.  Loyal followers.  Relationships.  Business contacts and Business itself!

    But something I've been noticing fairly often, as of late ... is the messages ... the information sent, the link, the "blast", the comment to a blog ... that are sent to me, many times do NOT pertain to me personallyEven when I know the person or have conducted business with them for quite awhile.

     I especially see this, when I'm a member in a minority on some social media site.  What do I mean by Minority??  Well, I'm a Mortgage Lender contributing within some overwhelmingly predominant real estate Agent sites.  And the assumption for many that comment to me, is that I must ... MOST ASSUREDLY ... be another realtor.  Part of the majority brethren.

    Nope!  Take a look ... I've made sure it says Gene Mundt, Mortgage Lender pretty much everywhere you find me ... in fairly obvious and noticeable places.  The heading of my blog, my profile on every social site, under my name in comments, on my personal pages.  I plaster it everywhere I can.  I'm shameless ... and also proud of what I do.

     I get emails that make me feel invisible or un-memorable also.  From other Lenders!  Asking for my mortgage business.  Asking if they can assist me. Nope!  Sorry.  Ain't gonna happen. 

     And when I receive these comments, emails, marketing pieces ... I often wonder.  When did the sender lose control of their social media?  At what point did they cross-over from the personal .. into the non-personal??  When did they get in such a hurry that they ceased taking the care they should with their social media or emails?  And is it because they now choose to have someone else do their social media for them?  Someone not as familiar or well-versed with their database(s) or willing to take the time to make sure that these little "oops" don't happen??

     Call me old-fashioned, but I'm still doing this all myself.  Okay, Okay!  I'll cop to it.  I do it with a bit of help from my right-arm, my wife.  But I definitely give it a good stab ... and everthing's definitely All Mundt ... ALL the time!  I'm still seeing to the details.  It's not to say that I don't make any mistakes ... because I do. 

   But ...

     Should you and I have any kind of personal or business relationship ... or should you have done business with me or asked to be on a particular database of mine ...

     I'm hoping that I refer to you as I should, if you're my client or a personal friend.  That I refer to you as an agent, should you be an agent.  Or at least correctly and pertaining to whatever your chosen profession is.   I'm hoping that I always ask you pertinent questions, send you information, etc. ... in regards to YOUR chosen professional services, YOUR blogs, YOUR background, YOUR specific needs and requests. 

     And I most certainly hope that I'm not haphazardly sending my mortgage lending marketing to you if your another mortgage lender ... seeking YOUR personal mortgage business.  Afterall, because of our prior relationship or business conducted, I should know better ... right??

   Those would all be things that just make me go ... huh???



     * If you're looking for amortgage lender that will still deliver you old-fashioned, personalized mortgage service ... please contact me.  I look forward to hearing from you ... and having the opportunity to earn your trust and mortgage business.
     I can be contacted at any of the following:
Direct:  815.277.4036   Cell/Text:  708.921.6331
Skype:  630.219.1316
You can Access my Website Via Mobile Now!!

    


The Appraisal Process ... Chances to Learn More, Share, and Be Happy When the Stars Align


The Appraisal Process ...
Chances to Learn More, Share, and
Be Happy When the Stars All Align



     This last week, I attended my local Three Rivers' Association of Realtors (Serving Will and Grundy Counties) Learning Lunch.  I was very impressed by the great turnout.

    I believe the topic being highlighted at this luncheon greatly influenced members' decision to attend ... as it was a topic that touches upon all of us within our industry frequently.  The topic in question??

    
   Appraisals!

   
    Three Rivers had arranged for 3 local, independent Appraisal firms (one of which is on my Chicago Bancorp "approved Appraiser" list) to be on-hand and provide presentations regarding the current market, the challenges presented by the lack of sales, and the "type" of sales occurring and needing to be appraised.

     One Appraiser addressed the recent changes to the Appraisal report itself.  He talked of the "exactness" that is required in certain categories where adjustments are made. He drove home the point that Realtors can help Appraisers greatly by providing detailed information within their listings.

     How does that more detailed information help the Appraiser?  It was pointed out that it most certainly assists from an accuracy standpoint ... but it also greatly improves the ability of the Appraiser to provide a more timely turnaround on the completed Appraisal too.

    The second Appraiser discussed the need to satisfy mortgage lenders' Underwriters with detailed and accurate reporting ... sometimes with as many as 6, 7, or 8 Comparables  being utilized within an Appraisal report.  All the Appraisers on-hand for the Learning Luncheon agreed that 4 Closed Sales and 2 Active Listings were the starting point for most of their Appraisals. 

     When asked if they avoided using "Short Sales" or foreclosures as Comparables, to a person they said, "no one wants to have to use "distress" sales, but name a housing market that is "free" of them?  This is especially true when needing to use Comparables that SOLD in the last 6 months, were in the same neighborhood or marketplace, and were similar to the Subject Property."

    Many of the Realtors in attendance wanted to know the "magic formula" that Appraisers use to "adjust" for all the above factors?  Unfortunately, the reply was, "There is none". 

     Again, all 3 Appraisers stated that only adjustments for true differences in the properties were being allowed.  Condition of the Comparables, if inferior or superior to the Subject Property, could be considered and adjusted for.  But there should NOT be expectations that a Comparable that was sold as a Short Sale or Foreclosure should ... or would ... get a "bump up" in value because of the terms of that Sale ... ESPECIALLY if there were no "traditional" market sales to be found.

     Of much interest to those in attendance, was the discussion of the new Appraisal Requirements recently enacted.  Discussion regarding those ratings of C1 to C6 (Best to Worst), and Quality of Construction Ratings, also from Q1 to Q6 (Highest to Lowest), with specific definitions for these ratings from 1 to 6, raising many questions for clarification.
 
     All of the Appraisers indicated that the time involved in completing an Appraisal had doubled or tripled in the last few years.  They noted that the ability to satisfy a Mortgage Lender or Underwriter has become increasingly difficult in recent times.  Someone wondered aloud, "Why is that"? 

     A variety of answers were provided by the Appraising viewpoint, but I (as a Mortgage Lender) believe the real answer is:   that Appraisals, which are the support for the Value Estimate arrived at, and the "completeness" and "accuracy" of the Appraisal Report, remain the biggest hurdle for a Loan Originator and Underwriter to get past when a loan file gets SOLD in the secondary market.  You simply must have a logical, defensible, and solid Appraisal Report to satisfy Quality Controls of End Lenders ... Fannie Mae, Freddie Mac, and independent loan servicers.

     The end result of the Appraisal itself must be that the Buyer pays a fair price for their home.  But the Mortgage Lender must retain the right to know the "true market value" of the property being purchased or lent upon.  And thirdly, the "Agencies" themselves need to know that the value was arrived at without any undue pressures or influences.

     These days that happens when the stars are all aligned ... a truly beautiful thing to behold when it occurs.

     The Three Rivers Association of Realtors is to be commended for hosting this important and timely topic for discussion and education at this month's Learning Lunch.  The more everyone involved within our industry knows and understands of each other's contributions to the process of buying, selling, and financing homes, the better.  It makes the entire transaction flow much more smoothly and easily toward successful conclusion.  And ultimately is what we all want ...




     * Looking for an experienced Mortgage Lender within the Will and Grundy County Area?  Or a Referral Partner that has the expertise, knowledge, and wide program of services to satisfy and successfully close the transactions of your clients?  I have over 35 years of mortgage lending, appraising, and financial planning service and expertise that will accomplish that and more. 

Contact me today ... I'll love hearing from you and also cherish the opportunity to earn your trust and mortgage business.
    I can be contacted through any of the following means:
Direct:  815.277.4036  Cell/Text:  708.921.6331
Skype:  630.219.1316
Available via Your Mobile Phone/Devices Now!