Christmas trees come down at Sea-Tac, controversy rises
Some want airport decorations put back up

By AMY ROLPH
P-I REPORTER

Christmas still might have a chance at Sea-Tac Airport.

		SOUND OFF
	Join a spirited discussion of this story.

Amid the growing controversy over the Port of Seattle’s decision to remove Christmas trees from the airport, many agree on one thing: Packing away the trees could have been an overreaction.

The port’s staff took down the trees Thursday after commissioners learned a lawsuit could be filed the next day if they didn’t allow an 8-foot menorah to be displayed beside the largest of 15 Christmas trees throughout the airport.

“In hindsight, we probably should have handled this in a more deliberate and thoughtful manner, but at the time we were given a very short timeline,” Commissioner John Creighton said Sunday evening.

The five port commissioners will meet Tuesday evening, and though they have a crowded agenda, Creighton said he wouldn’t be surprised if the issue is revisited.

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First the agent for a referral to a lender.

Then the lender to determine what you qualify for.

Then back to the real estate agent.

Keep with this team, don’t break away with someone different.

This is your best bet for a happy transaction.

I just received this email from the giant and future super giant of the blogoshpere, Sellsius Blog..
They are on their move. I think Sellsius is code for "we will make you selltous".

I will really get worried if they change their name to SellsiusOrElse.

Lar

Can I make you move? I offer you $100.00 for your most excellent blog. I am
sure it is worth millions with you writing it but not worth nearly as much
if I take it over.  
Just send me the blog and I'll send $100 to your pay pal account.


      
3 comments       
    

Who would create such a thing? Why? Help me.

I want to know more about this Origami Skill. Larry Cragun

Rates are up 1/4% today over yesterday. On November 26th I said if you had to close your loan by December 23rd (basically within 30 days) you should lock. Click Here

Teresa Boardman picked up on this article and posted it on her St Paul Website. One of her visiters, an investor John Daly, felt I was wrong and proposed people should float. Click Here for that punch and counterpunching

Each business day I have posted a running score: John seemed correct with rates down 1/8% for several days running. I called floating a gamble. Well, today things have reversed, the 1/8% rate you were ahead these few days is gone.

I said rates go up faster than they go down. Today we lost 1/4%. I was correct.

Don’t look for rates to retreat in December.

I also said I encourage people who are floating to lock the minute rates go up. So if you are floating, my advice is to stop and lock now.

I will keep the score going daily for you and Mr. Daley:

Score today:John Daley and his followers have lost 1/8% on their rate by floating. It is a gamble either way.

Here is an explanation of todays jump
from The Mortgage Reports Blog by Dan Green

Larry Cragun

click here

I have so many friends from Mexico, they must number near 100. Our old company employed a few spanish speaking loan officers and we brokered many of them mortgages. About 4 years ago INS started cracking down in our area, about the time we closed the company. They intercepted and stopped several loans in process.

I am interested in your feedback on this topic. What is your take on things today?

I am linking you to an agent who writes advice to these people who build our buildings, clean our homes, and serve us in so many ways. What a tough problem this is. Larry

From Jill Dizon: Riverside, Ca. Realtor

Using someone else’s identity to get a home loan isn’t a good idea…click here

… because you’re bound to be caught. Think about it. If you buy a house with someone else’s credit history, that address becomes associated with that name. The person is likely to find out at some point, and then you’re a sitting duck, right? And also, if you couldn’t have gotten that loan on your own, how will you make the payments?

Sounds dumb, and yet people try it. There was a case last year of someone who got a loan, bought a house, and then the listing agent was questioned months later because the person whose credit had been used found out about it and called the authorities. The agent hadn’t ever realized that the buyer wasn’t who he said he was. After all, he had provided all the necessary documents to his lender, right?

Hopefully we scare the dishonest into honesty.

Read this article

Mortgage fraud — the worst crime no one’s heard of

by Carol Lloyd

Recently, a developer regaled me with a story about a house that seemed to be cursed.

Although he beautifully renovated it and priced it below market, the Oakland bungalow just wouldn’t sell. Deals fell through repeatedly for bizarre and unrelated reasons: Buyers got cold feet or moved — one was even arrested.

By the time the fourth deal collapsed, the developer was in a state of financial panic. So, when one of the mortgage brokers who had helped a previous prospective buyer called with a new one who would close the deal for — get this — $100,00 over the asking price, he naturally jumped at the offer.

“The catch was that I had to give the $100K back to them after the close of escrow,” the guy told me, still looking shell-shocked. “I couldn’t understand why they would want to do that. The place was completely remodeled.”

(Most buyers who get cash back after escrow pour that money into repairs. Typically, though, lenders like to keep this amount to no more than 3 percent of the purchase price.)

The developer went through with the sale,

Larry - wrong so far.

One week ago I said to lock, using December 22nd as a closing date. Today for the same fees, the rate is down 1/8%.

So if you didn’t lock and are still floating, what do you do? You have to lock somewhere around the 18th as the rate must be locked to get your documents.

Here is what has been most common in my career. This was often my advice when like John Daly, I had a client wanting to float. John disputed my postion on Teresa Boardmans blog. The advice: Call me around 10AM every day and we will look at the rate. The moment the rate goes up, lock.

I have seen too many files in trouble because borrowers were trying to suck the last .125 from a rate. John proved me wrong here, and so far so good for him were he the gambler…..I mean the borrower.

So each day I will post the change for you. For both of or all of our peace of mind, lock now.

John’s score = .125 lower rate if he locked today.

See you tomorrow. Lar

As I watched this video found by Curtis Cragun I had flashes of memories of the great teachers I have had. Whom do you teach? Many perhaps. CLICK HERE IT IS WORTH IT.