Gene's Bit of Blogging
Investors and Investments
|
Gene Mundt, Mortgage Lender: Posted on Thursday, May 03, 2012 11:36 AM
Playing in the "Rain"
in North Carolina
Over the last week, I have been lucky enough to view some of the most beautiful places and sites our country has to offer.
My wife and I decided we were going to take some much-needed days off and just drive. Enjoy, relax, and see what we could see. Through modern technology, I stayed in-touch with my clients, referral partners, emails, and office ... and never skipped a beat. (Thank you portable WiFi ... Fantastic!)
Marilyn and I headed southeast from Chicagoland towards North Carolina. It was totally amazing to see how our country's land changes from one region to another. The color, texture, lay of the land of the midwest totally different from that of the mountainous areas and south.
I got the opportunity to get some great golf rounds in while gone.
We visited Pinehurst, NC ... the area known as the birthplace of golf in the United States.
The choices of courses is staggering in the Pinehurst, NC area ... and merely choosing which course to play is almost as hard to do as playing the challenging courses themselves. While I played golf, Marilyn wandered the shops available in the old business section of Pinehurst and viewed the beautiful homes of the region.
While in the Smokey Mountains, I also got to play the beautiful Sequoyah National Golf Club in Cherokee, NC. Only one word can describe the views from this course, and that's ... WOW! I'm going to write a post regarding this course soon. I was just blown away by it ... and the great service I received while at the course.
I had written Mona that I would be visiting her area ... and no sooner than she received my note, she was writing back and inviting my wife and I to the Open House that she and Leslie were hosting during the time of our stay.
These ladies were just wonderful to meet and visit with. I had the pleasure of watching both in action with clients and referral partners alike. It's no wonder they're so very successful at representing their clients and working with professionals from their area.
Both Mona and Leslie were just as I had imagined them to be from their posts on ActiveRain. Highly intelligent, warm, hard-working, caring, knowledgeable, great sense of humor ... I'd run out of adjectives describing them. They both sparkle.
For me, having the opportunity to meet and visit with these fellow Rain members was the highlight of my trip. And that's saying a lot ... given the competition they were up against of great golf courses, the beauty of the Smokey Mountains, and days-off from work!
Thank you again to Mona Gersky and Leslie Rojohn of Moondancer Realty of Dillsboro, NC, for their wonderful hospitality to myself and my wife ... and the opportunity to meet many of their clients and referral partners, and fantastic chili lunch. I look forward to returning the favor when they visit Chicagoland.
To all ActiveRain members I say ... don't ever miss the chance to meet fellow "Rain" members when you travel. You'll be glad you took advantage of the chance to do so. It's memorable.
And to those looking to buy or sell a home or property in the Dillsboro, Sylva, Cullowhee, Franklin, Bryson City, Maggie Valley, and Waynesville area of western North Carolina ... contact MoonDancer Realty ... (Tel: 828.631.0077) and talk to Mona Gersky or Leslie Rojohn. You can find no better ...
* In need of intelligent, professional mortgage service to purchase your dream home? Work with a mortgage lender with over 35 years of successful service to those needing mortgage financing. Contact me today! I can be found through any of the following: Direct: 815.277.4036 Cell/Text: 708.921.6331 Conveniently Thru Skype: 630.219.1316
|
Buying a Home, Localism Posts, Travel, Rental Properties, Rental Properties and Investments, home buying, Investors and Investments, Doing Business, Choosing Your Real Estate Professionals, ActiveRain.com, Golf/golf courses, Investment Properties, MoonDancer Realty, Dillsboro NC, North Carolina Real Estate/R.E. Agents, Realtors
|
|
|
|
Gene Mundt, Mortgage Lender - The Federal Savings Bank: Posted on Wednesday, February 22, 2012 3:49 PM
"Connecting the Mortgage Dots in Today's
Real Estate Market"
Carra Riley, Cosmic Cow Pie, and
Gene Mundt, Mortgage Lender Answer
YOUR Mortgage/Credit Questions
Looking for answers to your mortgage/credit questions?
Together, Carra and I will be discussing and answering mortgage questions, such as:
As someone with 35 years of mortgage experience, an
in-depth, multi-decades background as a licensed real estate appraiser, and as
a Certified Financial Planner, I have the extensive knowledge and expertise
needed to answer the questions you have ... and also provide the services you
need in Chicagoland and across the entire U.S.
It's easy to take part in this Cosmic Cow Pie session. Just dial (347) 994.1903 and ask us your
questions! If you can't join us during
the live blogtalkradio program, you can listen to a replay of this program at
any time. Just go to Carra Riley's
Cosmic Cow Pie blogtalkradio site and "click" to listen at your
convenience.
I can always answer your mortgage and credit questions at a
more convenient time for you through any of the following means: Direct: 815.277.4036 Cell/Text:
708.921.6331 Skype: 630.219.1316
See you then!
For more Cosmic Cow Pie and Carra Riley's insights ...
|
Credit, Credit Repair, Buying a Home, Credit Reports/Fico Scores, Mortgages, Refinance, Working with a Mortgage Professional, Appraisals, Condos and Townhomes, Announcements and News, Gene Mundt's Client Services, First-Time HomeBuyers, Obtaining Mortgage Quotes, Pre-Approvals, & Info, Asset-Based Lending Program, Mortgage Closing Costs, home buying, Right Time to Buy a Home, Investors and Investments, HARP 2.0, FHA Approval for Mortgage Lending, FHA Mortgage Lending, Down Payment, Mortgage Costs, Closing Costs, Interest Rates, The Federal Savings Bank
|
|
|
|
Gene Mundt, Sr. Vice President - Chicago Bancorp: Posted on Tuesday, October 18, 2011 11:29 AM
In this article, Mr. Girouard made the following statement regarding his view of the present housing market and the wisdom of waiting further to purchase a home, should you be interested in doing so ...
"Trying to time the housing bottom is as much folly as trying to time
stocks or any other investment vehicle. In fact, it’s greater folly
because if housing prices do fall further, it’s likely to be because
mortgage rates are rising, which would mean that over the long term
that slightly lower price you may have paid could end up costing more
in carrying costs than you saved. Furthermore, how much lower could
prices go? The economy can’t get much worse than it’s been in the past
three years and the difficulty in getting a mortgage couldn’t be much
greater."
He goes on to make several more statements regarding the wisdom, the timing, and the financial aspects of making a home purchase. His
article, paired with others I've seen as of late, make a very
convincing argument to me as a mortgage lender as to why buying a home NOW makes good financial
sense.
Of course, these articles are aimed at convincing potential buyers
"sitting on the fence" or dreaming of home buying to take action. And why do so many within the industry believe that those buyers are out there? Well the frontline of our industry, the real estate agents, will tell you they ARE receiving inquiries regarding homes. But even more convincing are the recent statistics and surveys taken that prove that the "American Dream" is alive. Buying a home IS still the dream of the majority.
One such survey was the Lake Research Partners and Public Opinion Strategies. Its' synopsis stated, "Despite the recent housing crisis and perceptions of risk in housing
markets, 75 percent of the participants agreed that owning a home is
worth the risk." It seems, no matter how badly the market has beaten us up, the vast majority of Americans still want to reach for that dream.
So that tells me there's something else, besides the financial aspect of this important decision, taking place within our decision-making. That is NOT all about the dollars and cents of home buying. There's real and strong emotions at play.
It seems to me that what the government and our politicans have seemed to overlook during this whole housing debacle, is just how emotional a decision this "owning a home" is for we Americans. Yes, the loss of equity and those "dollars and cents" have us upset. But it's what those homes and those dollars and cents represent and really mean to us that have us irate and so very upset.
Our homes are all about security. About family. About good friends and neighbors and special times together. They represent how hard we've worked. What we've achieved. Our accomplishments. They're our golden sunsets. Our peaceful senior lives.
A home is what we planted, took root, farmed, and grew. Mess with all of that and we feel pretty fragile. Rightfully so. A home is a very deep, very strong, very basic set of emotions for most of us.
And those deep emotions motivate us to still want to buy and own our own homes. No matter the risk. No matter the hassle. No matter the hard work it takes to buy and own them. We still want what those homes represent to us ... and for our families and futures.
And that is why I say, "Don't contact me for a mortgage until you can make this statement ..."
"I want to own my own home for reasons other than just financial ones".
I can sit in front of you as a mortgage lender and show you charts, surveys, facts and figures, equations, appraisals, and all the forms that our government demands until we're all blue in the face ... and yes, they will tell you whether you CAN buy a home ... if you're capable financially.
But they will NOT get to the core or heart of the matter and provide you the answer as to whether you personally should buy or rent a home. You shouldn't look for that final determination or answer in anything I or anyone else provides or says.
No. That answer ... that gut feeling ... that final decision will be found within you. Only YOU can answer whether you are part of that 75% of Americans that still believes that owning a home is worth it. Only YOU can decide whether the effort, the work, the responsibility, the risk that goes along with home ownership is worth it. Only YOU can determine whether you're mentally prepared. Only YOU can determine just how badly you want it.
But ultimately, unless you're a real estate investor, you should buy a home for one reason, and one reason only. And that's because you want to, are ready to, and are commited to becoming a home owner.
Until you can make that statement, don't call me for a mortgage ...
* Of course, if and when you make that decision ... and it is favorable to buying a home, contact me. We'll work together and prepare you so you can buy that home you're dreaming about. I can be reached at any of the following: Direct: 815.277.4036 Cell/Text: 708.921.6331 Email: gene@chicagobancorp.com Website: www.genemundt.com Skype: 630.219.1316 Click here 4 a: NO Cost NO Obligation Mortgage Consultation
|
Buying a Home, Financing, Mortgage Lender, Mortgages, Real Estate, Real Estate Advice, Buying or Renting, Families, Home Buyers, home buying, Right Time to Buy a Home, Home Ownership, Investors and Investments
|
|
|
|