The KCM Blog

June 2010

My Dad

June 20, 2010

My father was the greatest man I ever met. He passed away almost 20 years ago and I still miss him – EVERY DAY. The most amazing thing about my dad is I am still discovering how much of an impact he has had on my life. After one of my speeches this week, a [...]

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KCM named Inman News Innovator Awards Finalist

June 19, 2010

We have been honored as a finalist in the blog category of the 2010 Inman News Innovator Awards. Each year, Inman News announces the launch of the Innovator Awards process with a call for nominations several months prior to the Real Estate Connect conference. An Inman News review team considers the nominations and selects a [...]

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Is Your Pre-Approval Worth The Paper It’s Printed On?

June 18, 2010

For decades lenders have been shouting to the rooftops that buyers should “Pre-Qualify BEFORE You Buy!”  Admittedly, we were trying to get access to prospects as early as we could to, hopefully, bond with them and eliminate our competition.  Today though, a Pre-Approval has become the cornerstone of most real estate transactions. You see, by [...]

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Those Who Walk Away Could Be Penalized

June 17, 2010

The number of people ‘walking away’ from their mortgage obligations has reached epidemic proportions in this country. Strategic defaults account for 31% of all mortgage defaults. Walking away from an underwater house may seem like the easiest way out of the financial burden created by your monthly mortgage payment. And it looked as though there [...]

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5 Dumbest Reasons Given for Not Buying a Home

June 16, 2010

It is so easy to kick someone who is down. It doesn’t take much effort and there is little fear of retaliation. Many people are jumping on the band wagon riding against homeownership in this country. People are pontificating on every aspect. Whether it is pricing or the more intrinsic values of owning a home [...]

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The Post Tax Credit Housing Market (Part 3)

June 15, 2010

How will home prices be impacted? The tax credit and most other government programs aimed at stimulating the housing industry have expired. Real estate is now on its own two feet and stepping into the second half of 2010. It appears that demand has fallen off a bit since the expiration of the tax credit [...]

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