Hello, and welcome to Real Estate Reality Radio. The most important hour of radio every Friday from 9 to 10 on WBCB 1490 am. Thank you for joining us. For those of you who are new to the show I have spent the last 40 years in the real estate industry both as a realtor and a mortgage banker. The show is dedicated to dispelling the myths associated with Real Estate and finance in your marketplace.
Within every market there are obstacles and solutions on the path to tremendous opportunities. I believe that most people are looking for practical advice. Please feel free to call 215-740-8999 or visit peterbuchsbaum.com.
Please join us live on the web at www.wbcb1490.com or on your FREE app Tune In Radio from 9:00am to 10:00 am every Friday.
So last week we were fortunate enough to be joined by John LaSalle from Universal Credit learning tips on how to maintain and increase your credit score.
This week the Real Estate News was dominated by banks and the government shutdown. Wells Fargo has been charged with “violating mortgage deal”. That’s right you remember the $26 billion settlement. Banks (5 of them) agreed with 49 states to help make the process of modifying loans easier. Well you guessed it the bank “going far together” did a horrible job. Hence they are being sued. Apparently in an effort to foster a better working relationship with Washington it was agreed to a while back that a group of bank CEO’s scheduled a meeting with the president. As luck would have it that meeting fell at the onset of the government shutdown. Shockingly the bank CEO’s told the president that the shutdown was bad. They went on further to say that the next blow regarding the debt ceiling would be worse. Finally what effect will the government shutdown have on housing? This is still open to debate but I believe this is very bad. This will not just cause delays but it is another “uncertainty” in a list of uncertainty. I feel like everyone in America is on hold watching their computers and televisions to see what’s next. Sadly what’s next is the debt ceiling limit.
Today Eddie and I are being joined by Angela Yost and Dan Rostelli of Mold Detection & Remediation Specialists, Inc. Dan holds over 17 different certifications in the environmental industry including: Certified Mold Inspector, Certified Mold Remediator and Indoor Air Quality Technician. He is also a court-appointed mold expert and graduated with a degree in Biology from Towson University. Dan started the company in 2003 after being in the corporate world for a number of years. We now have offices in Doylestown, PA and Egg Harbor Township, NJ and we service everywhere in between. Angela started with the company over 3 1/2 years ago. Being that is a family business, I was around the business for some time before officially starting. I graduated from Florida International University with a degree in Public Relations. After doing the marketing for the company for a little over a year I started shadowing Dan in the field and became a Certified Mold Inspector & Assessor. I am also currently the co-Chair of the Bucks County Association of Realtors Affiliate committee.
Please join us live at www.wbcb1490.com for the open discussion about how mold affects your health and the value of your home.
In combination with CBS and WPHT 1210 am we have also been fortunate enough to have been asked to write some articles in “Local Living Magazine” to explore some of the questions you all ask us and the answers we provide. Look for your latest issue this month. For a FREE subscription please email us.
Each week we discuss the myths of the mortgage market. It is not about rate. A higher rate with no mortgage insurance may provide a lower payment.