Archives for the 'Foreclosure' Category

The Cure For The Foreclosure Epidemic: Part 5–What Happened to Pluto?

For seventy-six years we were taught that we have 9 planets in our solar system.  Pluto, that planet way, way out there, and the last to be discovered, was the ninth.  Then, in 2006, we woke up one day to learn that Pluto was no longer. It was recategorized as a dwarf planet, and so […]

16 October 2007 | First Time Homebuyers, Pre-Approval, Real Estate (Agents), Loan Officers, Foreclosure | No Comments

The Cure For The Foreclosure Epidemic: Part 4–They Shoot Horses, Don’t They?

Seems like you’ve been waiting for a new season of The Sopranos?  Yes, I have been away from my blog, and hope you understand. 
I recently watched the film, “They Shoot Horses, Don’t They?” which is about a lot more than a dance marathon.  I highly recommend it.  The story does center around a dance marathon […]

21 August 2007 | First Time Homebuyers, Foreclosure | No Comments

The Cure For The Foreclosure Epidemic: Part 3–The Room

The real emotions of buying a home begin with The Room.
The room, as I call it, is the place where you, the borrower of a loan, and the loan officer, the person who is assisting you in getting the loan, meet. By place I should almost say space, but really, it is how you meet the […]

30 June 2007 | First Time Homebuyers, Closing Costs, Good Faith Estimate, Loan Officers, Programs, Foreclosure | 2 Comments

The Cure For The Foreclosure Epidemic: Part 2–American Dreams

Everyone imagines their dream life. Part of this dream derives from our own individual goals and motivations and possibilities.  Part comes from a culture.  Our culture. After all everyone from friends and family and realtors and loan officers pushes to buy a home.
This post follows the Introduction and Part 1 about our foreclosure problems.
It’s no secret that, […]

20 June 2007 | First Time Homebuyers, Pre-Approval, Loan Officers, Foreclosure | 1 Comment

Tony Soprano, Foreclosures, and the ‘Da Dum’

You know how pieces of music resolve, bring closure to the end?  Kind of with (and you have to hear this in your head) a ‘da dum?
The Sopranos final episode had no ‘da dum’.  At least not the way most people wanted. No clean tied-up ends, no resolutions, but a lot of wondering.  Many people […]

13 June 2007 | First Time Homebuyers, Pre-Approval, Loan Officers, Programs, Foreclosure | No Comments

The Cure For The Foreclosure Epidemic: Part 1–What Is It?

Epidemic: widely prevalent 
So this is what we are dealing with. Something that is happening everywhere.
If you have read the introduction to my series on the foreclosure epidemic that was described in the Chicago Tribune, you know that Becky Yerak described the spread of foreclosures as an epidemic. 
So, yes, the basic definition is widespread and […]

3 June 2007 | First Time Homebuyers, Chicago Stuff, Foreclosure | 1 Comment

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