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 Vince and me. For those of you who are not familiar with the show I am the guy with a bow tie and a bit of an attitude and Vince is the fun affable best friend. Our 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. Vince and 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 from 9:00am to 10:00 am every Friday.
So last week we joined by George Luciani a Certified Financial Planner in the wake of the Sequester. .
This week the Real Estate News was again limited because of talk of the “sequester”. That’s right today is sequester day. Our government has been too lame to actually fix a problem so we are left with an $85 billion cut in expenses that will be cut by a blind man. The Housing Recovery gains strength was all that was out there. The housing market recovery picked up steam in the final three months of last year, with prices rising at an annual rate of 7.3%, according to S&P Case-Shiller, while a government report showed sales of new homes also shot up higher. Jamie Dimon from JPMorgan Chase answered an analysts question with “I am richer than you”. While it was not an answer to any question he was asked it brought up a lot of speculation. My thought was and still is move your money out of JP Morgan Chase to you local credit union and see if Mr. Dimon satays that rich.
Today Vince and I are joined by A J Dougherty and John LaSalle from Universal Credit. Most of their business is on the road servicing their existing customers. They are both members of the Mortgage Bankers Association. Universal credit was formed in 1991 and is owned bt John Haftman. Universal Credit has grown to be one of the largest National providers of mortgage services, lending services and trimerge credit reports by consistently providing the industry’s top customer service. Since 1992, Universal Credit Services has helped industry leaders mitigate risk, close loans faster, overcome underwriting challenges, save on costs and provide professional assistance every step of the way.
Please join us live at www.wbcb1490.com for the open discussion on credit tips for consumers. .
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.