Craig Sewing is a real estate and finance expert, and business coach, with thousands of listeners!
He prides himself on giving REAL advice to the opportunities and the solutions that exist in any marketplace to anyone who reaches out thru this website.
If you want your FREE FINANCIAL BLUEPRINT telling you EXACTLY how to handle ANY financial situation, simply fill out the form to the right. It goes directly to Craig, and he will respond within 24 hours. No topic off limits, but specifically- REAL ESTATE NEEDS, MORTGAGE AND REFINANCING, LOAN MODIFICATION, IMPROVING CREDIT, ELIMINATING DEBT, etc.
Craig prides himself on MIDWEST VALUES, and helping people ONE listener at a time.
Shoot an email through the confidential form on the right, and it can change your life for the better!
Testimonials of real success stories of our listeners
I don't know where to start, but my expectations were I exceeded! I am truly thankful that Craig facilitated the introductions to help me shortsale my condo successfully! I was a bit skeptical at first, but was pleasantly surprised. I would highly recommend anyone reach out thru this site!
Listener Tommy
San Diego
Im shocked that when I reached out, I actually got a response from Craig. This isn't what you expect from a radio show, the host actually caring about helping. He gave me free advice. As a result, I got my mortgage refinanced, saved a ton of money, and couldn't be happier!
Jim E.
San Diego
Craig gave my wife and I the necessary advice on how to buy a home. He connected us with an outstanding real estate agent, and aligned his terrific team to help us with the mortgage. As a result, we are now a proud family living the American Dream and a rate in the 3s!
Tim M.
San Diego
I didn't know a thing about credit scores. Now I do, and Im in the 700s! Thanks Craig for your advice and introducing me to your partners to get those scores up!
Niels F.
San Diego
Craig is THE MAN! This site is a key to non-obligating information that empower you on the things YOU CAN control!
James C.
La Jolla
You da man Craig!!
Gary Q.
San Diego
Now I know why Craig was nominated for Inman News Most Influential Award. He's an unbiased perspective with trustworthy advice on your real estate. Love the show!
Tune into the radio show tonight to here the difference between the two!
1170am @ 6pm, don’t forget about listening on ITUNES!
Heres a great article to read that discusses this topic:
Whatever course it chooses, the Federal Reserve will have to grapple with the reality that while its policies have helped levitate stocks, they’ve been considerably less effective at expanding the economy.
While rising equity prices help add to total growth, the stock market is not the economy.
The U.S. economy, rather, is propelled by consumption, which accounts for about 70 percent of gross domestic product.
That consumption in turn, is generated by wealth, and the signs are growing that benefits of a skyrocketing stock market have been disproportionate.
“We’ve made rich people richer,” Dallas Fed President Richard Fisher told CNBC in a Monday interview.
Play Video
Fed’s Fisher: ‘This is a Judgmental Business’
“It’s a constant evaluative process,” says Dallas Federal Reserve President Richard Fisher, discussing how central bankers are able to gauge the success of its monetary policy.
“This is great for the (Warren) Buffetts and for others who can take advantage of this multiple of great money and cheap money that’s been available,” he added. “The question is, what have we done for the working men and women of America?”
(Read More: QE Halt ‘Too Violent’ for Market: Fed’s Fisher)
While employment gains have been steady, they also have been unspectacular.
Weekly jobless claims have been moving around in a volatile range, spiking in the most recent week to 360,000. May job creation is likely to be around 150,000, considered a breakeven for absorbing the amount of new entrants to the labor force.
As for the “wealth effect” the Fed had hoped to achieve by boosting the stock market with $85 billion of money creation every month, it indeed, as Fisher suggested, has been skewed to upper income levels.
(Read More: ‘Profitless Rally’: Stocks Heading for a Slowdown)
A recent Gallup poll paints the picture: Stock ownership is at record lows, with just 52 percent of Americans holding equity stakes either through individual stocks or through retirement accounts.
Moreover, the poll shows that the middle class has taken a big step backward from the stock market.
In April 2008, 66 percent of adults with incomes between $30,000 and $74,999 owned stocks; that number had plunged to 50 percent in April 2013. Just 21 percent—down from 27 percent—of those earning under $30,000 held stocks, while 81 percent above $75,000 were in the market, down from 88 percent.
A skeptic on the current Fed approach, Fisher said the tide won’t turn until government fiscal policy complements Fed monetary policy.
Daniel Arbess, Perella Weinberg Partners, explains why he believes the Fed’s monetary policy is the only game in town for now, and reveals why he sees strong positives in housing and energy.
“Government is not the future, the private sector is the future,” he said. “Right now, (companies are) using cheap money to buy back their stock, pay extra dividends, etc. etc. We all know what is going on.”
(Read More: Amid Rally, Market Flooded With Shares)
Private sector economists at big Wall Street firms have begun turning up growth expectations, but that’s been a regular exercise since the end of the financial crisis that has consistently been countered with hard reality.
Citigroup, for instance, said it expects growth as high as 3 percent—right around the historical trend mark—after a near-term bout with anemic 1.5 percent gains.
“The drag from earlier tax hikes may be easing up on schedule as stronger employment and more supportive financial conditions buoy demand,” Citi economist Robert V. DiClemente said in a report.
Growth, though, has consistently disappointed, and it’s been the Fed’s self-appointed task to step in and continue to goose stocks.
Keeping rates at extraordinarily low levels has “large and significant effects on equity prices,” according to an analysis that Goldman Sachs released over the weekend.
The piece addressed a long-standing debate over why the Standard & Poor’s 500 has risen more than 140 percent since the financial crisis—specifically, whether it’s been the Fed or fundamental economic growth.
(Read More: JPMorgan Goes All-In on Rally; Sees Surge Growing)
Goldman’s analysis looked at market performance in response to interest rate cuts and found that a quarter-point cut in rates usually leads to an immediate 1 percent gain in stock prices. Financials and rate-sensitive consumer stocks reaped the most benefit, while energy, staples and health care have shown little reaction over time.
“Taken together with our dovish view of the Fed … this reinforces our generally upbeat view of the equity market, particularly our top-trade recommendation to be long in large-cap U.S. banks,” economists Sven Jari Stehn and Noah Weisberger said.
Prospects for the economy, though, are less certain, and Fisher said they likely won’t turn around until responsible fiscal policy replaces unprecedented monetary policy.
“What I’m focused on is the movement toward putting people back to work and the efficacy in monetary policy in getting that done,” said Fisher, adding that current conditions will persist until “uncertainty” over fiscal policy is addressed. “Until then we’re just underwriting these guys for not getting their job done.”
—By CNBC.com Senior Writer Jeff Cox. Follow him on Twitter @JeffCoxCNBCcom.
Attached to this blog post is a forged check from my checkbook. $500 to some wedding party! And look how flimsy that signature is…You’re embarrassing me Mr. Thief.
Isn’t it fun chasing these things down with all that extra spare time we have in our days?
I’m a stubborn S.O.B. so I’ll get to the bottom of tho one.
Identity theft:
Its something that hits Americans by the millions every year…
Typically will destroy your credit. So what do you do?
File a police report? Sure. Good luck with getting anything fixed.
There really isn’t any solution in this type of situation. This is why our radio show is so unique. We bring in the most talented professionals that are at the top of the food chain in their specific profession.
My credit guy is Eran Sinai- if you tune into the show, you hear me call him the credit magician. If you or anyone you know has credit issues, HE’S THE GUY you need.
Kind of like if you get a speeding ticket, you connect with an attorney to have it fixed so the points don’t hit your license right?
Over 90% of credit reports have inaccuracies. You need a credit expert, just like you need a financial planner.
If you have questions with any of this, please email me thru the contact box!
Are you a FAN yet on Facebook? While you’re hear…please like the page!!
How hilarious is it that the Obama administration managed to bring the Press AND the Tea Party together in their anger towards Washington…Ironic huh?
Whats truly unfortunate is you have 3 major stories, where the truth is very important….but instead its becoming YET another partisan issue. Standard operating procedure.
The reality is, these are MAJOR screw-ups, that include death and misleading.
Throwing around words like scandal might be a little premature, but this is certainly not something to brush under the rug. By the way, the media would have been happy to ignore the Benghazi story and 4 dead Americans if these other 2issues weren’t right on top of it forcing them to pretend to be journalists.
As you know, I tend to pick a fight with politicians and the media. This often has people wondering which side I am on.
I’m not on a side- I just care about the truth, and being a advocate to help those who listen to the show, or read this blog live a better life. Hence why we breakdown the nonsense into a rational perspective, and ultimately in a way that you understand how it effects you, the market, and what you can do about it.
Democrats seem to be making a living by ignoring problems and making quotes like “We’ll get to the bottom of this!” Of course, that never happens. They get a free pass from the main stream media, and ultimately enough time passes where when the issue gets brought up again, only to be responded “Thats in the past, stop bringing it up.” Its starting to become clock work.
On the flip side the Republicans- have a legitimate bone to pick, but an uphill battle with the media unless your talking Fox News, their one outlet. They also have a few clowns that do them more harm then good- i.e. Rush Limbaugh.
Republicans need to be careful. They need to stay focused on finding the truth, and not allowing themselves to be seen as just trying to
attack the President and be on a anti-Hilaary campaign for 2016. The American people will see through it…mostly because the media make sure the dictate the story, even if inaccurately…
Oh well- what can you do besides sit back and laugh.
Will be discussing this on the show this week. Also the things happening in the market, and real estate. Despite the nonsense, there are a lot of things you can do TODAY to live a better life…and I hope to help you with this.
Too funny!
So if you missed yesterdays show, you should go to our past shows tab and tune in. Never forget were on ITUNES now as well. Scroll down, and you’ll learn why the unique subject line for this blog post:)
Yesterday we were discussing situational lending and the ability to get financing even if you are not qualified to go FHA, Conventional, or VA.
The market has tightened up, and its making it difficult for people that are perfectly qualified to get financed! Doesn’t make a whole lot of sense, but in this market, common sense gets thrown out the window sometimes. ESPECIALLY when Washington is involved.
For example, we had a listener recently that had 19 properties at 50% loan to value, also with great credit and verifiable income.
Banks won’t touch him for a refinance. Why? Because he has too many properties.
What sense does that make?
They would refinance different people, each with the same situation…but this guy, they will not touch because he as an individual has too many.
Just in case you missed it, they are all at 50% loan vs. value- so NO RISK. He stops paying, their collateral is plenty covered. Crazy huh?!
Steve Burington is someone who can help this individual investor and many just like it!
If you have questions or anything similar- reach out thru the contact form on craigsewing.com
HE’S GREAT if you are a realtor or mortgage banking expert. Everyone needs a guy like this to refer clients to. Other examples would be self-employed borrowers, those with credit issues but do have equity in their home, even those purchase real estate as long as they are putting money down!
If you are wondering why I titled the blog post: “The Weirdo”
Well, its because we learned that 25 years ago, Burington was a Soap Opera star, and even did a movie!
We got our hands on it!!
Check this bad boy out…Talk about a great thing to do on a Friday night!
Thank you for tuning in weeknights at 6pm on 1170am, and thank you for continuing to spread the word about the Craig Sewing Show!
Hey Gang,
As you know, I’m incredibly bullish on housing right now.
Prices are appreciating, but we still have the lowest cost of homeownership driven by low mortgage rates. As the FED continues to buy $85B in bonds off the market place, you should expect to see rates remain low. However, inflation may tick up, and this could easily cause a rise in mortgage rates.
If you need a connection with a great San Diego Realtor, or a mortgage plan, reach out to me thru the contact form.
Here is the quiz we discussed on the show today!
Are you a smart homebuyer?
If you listen to the radio show weeknights at 6pm on 1170am, I know you’ll ace this one!
Was one heck of a week last week for the show and all our events!
THANK YOU to those of you who attended, reached out, or simply tuned in. We grow one listener at a time, and I appreciate you. Speaking of growth, great way to help the show is forward these emails to people you know to spread the word. Best thing we can do is bookmark craigsewing.com, and LIKE on Facebook.com/craigsewing. $100 reward to anyone who helps create 50 new LIKES by sharing with their database:)
I can not begin to express how proud I am of the city of Boston. I encourage you to go back and watch the original videos….
WATCH as those citizens run TOWARDS the chaos. Thats where the heroic stories begin, and they continue every day. I hate that evil exists, but at least we unite as a country. Thank you Boston for leading by example!
As for last week:
Below is a video of me on Prime Time with Taylor Baldwin discussing low inventory in the real estate market in case you missed it. I do want to apologize and correct myself. In the fast paced interview, with no preparation, I mention working with agents who’ve closed 100+ deals to combat the low inventory. HUGE mis-speak caused by the rushed nature of the interview. Maybe work with TEAMS or companies that do this kind of volume, but individuals is rare. I knew it as soon as I said it, and let me tell you, I’ve had some great realtor friends who refer to my mortgage team with Synergy 1 Lending give me a playful earful:) Truth is, you gauge your realtor by experience, trust, and work ethic. If they have those things, it doesn’t matter how many deals they’ve closed, they’ll get the job done!! Please accept my apology and obvious need for a correction.
VIDEO INTERVIEW
http://www.utsandiego.com/video/play/54440/
We also did the live radio show at the KCBQ event. Several hundred people attended the event. If you’d like to see some pics, go to Facebook.com/craigsewing. Thank you for all of you who came up and said hello. It was very humbling to meet some fans!
THIS WEEK:
I will be out of town headed to my hometown of St.Louis on Thursday to do a presentation for a few hundred realtors. But you can expect to hear me on the show today and tomorrow.
Today we will touch the Boston story, we have some NEW #s in real estate, and an excellent financial panel. By the way, yesterday, existing home sales came in down .6%. Nothing to be concerned with, housing still in great shape.
Please tune in on 1170am KCBQ @ 6pm, and don’t forget you can now download the show on ITUNES.
FREE GIFT:
George Foster and Phil Hill are brilliant advisors from Wells Fargo Advisors. They are regularly featured in UT TV, and good friends of mine. Today on the 7oclock hour, they are willing to give a free retirement check up to anyone who reaches out. Imagine if you spotted some big holes (we always do) in your retirement plan. Things like unnoticed FEES, taxes, etc. You need someone to check this out for you…and you have two of the best in the business willing to do it for free. Take a moment and take advantage!!. Just email me if you’d like me to refer you for a chat.
Please tune into the show!! Thank you everyone for your support. As always, feedback is totally welcome!
P.S. Do not forget, for any real estate, mortgage, credit, debt, financial planning, etc question, concern, or need you may have- Please reach out.
Craig has an INCREDIBLE real estate panel today with James Carmody from his team with Synergy 1 Lending, Patti McKelvey Award Winning Realtor, and Cliff Wolf- helping you save on energy costs. Tune in!
Tune into the radio show tonight to here the difference between the two!
1170am @ 6pm, don’t forget about listening on ITUNES!
Heres a great article to read that discusses this topic:
Whatever course it chooses, the Federal Reserve will have to grapple with the reality that while its policies have helped levitate stocks, they’ve been considerably less effective at expanding the economy.
While rising equity prices help add to total growth, the stock market is not the economy.
The U.S. economy, rather, is propelled by consumption, which accounts for about 70 percent of gross domestic product.
That consumption in turn, is generated by wealth, and the signs are growing that benefits of a skyrocketing stock market have been disproportionate.
“We’ve made rich people richer,” Dallas Fed President Richard Fisher told CNBC in a Monday interview.
Play Video
Fed’s Fisher: ‘This is a Judgmental Business’
“It’s a constant evaluative process,” says Dallas Federal Reserve President Richard Fisher, discussing how central bankers are able to gauge the success of its monetary policy.
“This is great for the (Warren) Buffetts and for others who can take advantage of this multiple of great money and cheap money that’s been available,” he added. “The question is, what have we done for the working men and women of America?”
(Read More: QE Halt ‘Too Violent’ for Market: Fed’s Fisher)
While employment gains have been steady, they also have been unspectacular.
Weekly jobless claims have been moving around in a volatile range, spiking in the most recent week to 360,000. May job creation is likely to be around 150,000, considered a breakeven for absorbing the amount of new entrants to the labor force.
As for the “wealth effect” the Fed had hoped to achieve by boosting the stock market with $85 billion of money creation every month, it indeed, as Fisher suggested, has been skewed to upper income levels.
(Read More: ‘Profitless Rally’: Stocks Heading for a Slowdown)
A recent Gallup poll paints the picture: Stock ownership is at record lows, with just 52 percent of Americans holding equity stakes either through individual stocks or through retirement accounts.
Moreover, the poll shows that the middle class has taken a big step backward from the stock market.
In April 2008, 66 percent of adults with incomes between $30,000 and $74,999 owned stocks; that number had plunged to 50 percent in April 2013. Just 21 percent—down from 27 percent—of those earning under $30,000 held stocks, while 81 percent above $75,000 were in the market, down from 88 percent.
A skeptic on the current Fed approach, Fisher said the tide won’t turn until government fiscal policy complements Fed monetary policy.
Daniel Arbess, Perella Weinberg Partners, explains why he believes the Fed’s monetary policy is the only game in town for now, and reveals why he sees strong positives in housing and energy.
“Government is not the future, the private sector is the future,” he said. “Right now, (companies are) using cheap money to buy back their stock, pay extra dividends, etc. etc. We all know what is going on.”
(Read More: Amid Rally, Market Flooded With Shares)
Private sector economists at big Wall Street firms have begun turning up growth expectations, but that’s been a regular exercise since the end of the financial crisis that has consistently been countered with hard reality.
Citigroup, for instance, said it expects growth as high as 3 percent—right around the historical trend mark—after a near-term bout with anemic 1.5 percent gains.
“The drag from earlier tax hikes may be easing up on schedule as stronger employment and more supportive financial conditions buoy demand,” Citi economist Robert V. DiClemente said in a report.
Growth, though, has consistently disappointed, and it’s been the Fed’s self-appointed task to step in and continue to goose stocks.
Keeping rates at extraordinarily low levels has “large and significant effects on equity prices,” according to an analysis that Goldman Sachs released over the weekend.
The piece addressed a long-standing debate over why the Standard & Poor’s 500 has risen more than 140 percent since the financial crisis—specifically, whether it’s been the Fed or fundamental economic growth.
(Read More: JPMorgan Goes All-In on Rally; Sees Surge Growing)
Goldman’s analysis looked at market performance in response to interest rate cuts and found that a quarter-point cut in rates usually leads to an immediate 1 percent gain in stock prices. Financials and rate-sensitive consumer stocks reaped the most benefit, while energy, staples and health care have shown little reaction over time.
“Taken together with our dovish view of the Fed … this reinforces our generally upbeat view of the equity market, particularly our top-trade recommendation to be long in large-cap U.S. banks,” economists Sven Jari Stehn and Noah Weisberger said.
Prospects for the economy, though, are less certain, and Fisher said they likely won’t turn around until responsible fiscal policy replaces unprecedented monetary policy.
“What I’m focused on is the movement toward putting people back to work and the efficacy in monetary policy in getting that done,” said Fisher, adding that current conditions will persist until “uncertainty” over fiscal policy is addressed. “Until then we’re just underwriting these guys for not getting their job done.”
—By CNBC.com Senior Writer Jeff Cox. Follow him on Twitter @JeffCoxCNBCcom.
Attached to this blog post is a forged check from my checkbook. $500 to some wedding party! And look how flimsy that signature is…You’re embarrassing me Mr. Thief.
Isn’t it fun chasing these things down with all that extra spare time we have in our days?
I’m a stubborn S.O.B. so I’ll get to the bottom of tho one.
Identity theft:
Its something that hits Americans by the millions every year…
Typically will destroy your credit. So what do you do?
File a police report? Sure. Good luck with getting anything fixed.
There really isn’t any solution in this type of situation. This is why our radio show is so unique. We bring in the most talented professionals that are at the top of the food chain in their specific profession.
My credit guy is Eran Sinai- if you tune into the show, you hear me call him the credit magician. If you or anyone you know has credit issues, HE’S THE GUY you need.
Kind of like if you get a speeding ticket, you connect with an attorney to have it fixed so the points don’t hit your license right?
Over 90% of credit reports have inaccuracies. You need a credit expert, just like you need a financial planner.
If you have questions with any of this, please email me thru the contact box!
Are you a FAN yet on Facebook? While you’re hear…please like the page!!
How hilarious is it that the Obama administration managed to bring the Press AND the Tea Party together in their anger towards Washington…Ironic huh?
Whats truly unfortunate is you have 3 major stories, where the truth is very important….but instead its becoming YET another partisan issue. Standard operating procedure.
The reality is, these are MAJOR screw-ups, that include death and misleading.
Throwing around words like scandal might be a little premature, but this is certainly not something to brush under the rug. By the way, the media would have been happy to ignore the Benghazi story and 4 dead Americans if these other 2issues weren’t right on top of it forcing them to pretend to be journalists.
As you know, I tend to pick a fight with politicians and the media. This often has people wondering which side I am on.
I’m not on a side- I just care about the truth, and being a advocate to help those who listen to the show, or read this blog live a better life. Hence why we breakdown the nonsense into a rational perspective, and ultimately in a way that you understand how it effects you, the market, and what you can do about it.
Democrats seem to be making a living by ignoring problems and making quotes like “We’ll get to the bottom of this!” Of course, that never happens. They get a free pass from the main stream media, and ultimately enough time passes where when the issue gets brought up again, only to be responded “Thats in the past, stop bringing it up.” Its starting to become clock work.
On the flip side the Republicans- have a legitimate bone to pick, but an uphill battle with the media unless your talking Fox News, their one outlet. They also have a few clowns that do them more harm then good- i.e. Rush Limbaugh.
Republicans need to be careful. They need to stay focused on finding the truth, and not allowing themselves to be seen as just trying to
attack the President and be on a anti-Hilaary campaign for 2016. The American people will see through it…mostly because the media make sure the dictate the story, even if inaccurately…
Oh well- what can you do besides sit back and laugh.
Will be discussing this on the show this week. Also the things happening in the market, and real estate. Despite the nonsense, there are a lot of things you can do TODAY to live a better life…and I hope to help you with this.
Too funny!
So if you missed yesterdays show, you should go to our past shows tab and tune in. Never forget were on ITUNES now as well. Scroll down, and you’ll learn why the unique subject line for this blog post:)
Yesterday we were discussing situational lending and the ability to get financing even if you are not qualified to go FHA, Conventional, or VA.
The market has tightened up, and its making it difficult for people that are perfectly qualified to get financed! Doesn’t make a whole lot of sense, but in this market, common sense gets thrown out the window sometimes. ESPECIALLY when Washington is involved.
For example, we had a listener recently that had 19 properties at 50% loan to value, also with great credit and verifiable income.
Banks won’t touch him for a refinance. Why? Because he has too many properties.
What sense does that make?
They would refinance different people, each with the same situation…but this guy, they will not touch because he as an individual has too many.
Just in case you missed it, they are all at 50% loan vs. value- so NO RISK. He stops paying, their collateral is plenty covered. Crazy huh?!
Steve Burington is someone who can help this individual investor and many just like it!
If you have questions or anything similar- reach out thru the contact form on craigsewing.com
HE’S GREAT if you are a realtor or mortgage banking expert. Everyone needs a guy like this to refer clients to. Other examples would be self-employed borrowers, those with credit issues but do have equity in their home, even those purchase real estate as long as they are putting money down!
If you are wondering why I titled the blog post: “The Weirdo”
Well, its because we learned that 25 years ago, Burington was a Soap Opera star, and even did a movie!
We got our hands on it!!
Check this bad boy out…Talk about a great thing to do on a Friday night!
Thank you for tuning in weeknights at 6pm on 1170am, and thank you for continuing to spread the word about the Craig Sewing Show!
Hey Gang,
As you know, I’m incredibly bullish on housing right now.
Prices are appreciating, but we still have the lowest cost of homeownership driven by low mortgage rates. As the FED continues to buy $85B in bonds off the market place, you should expect to see rates remain low. However, inflation may tick up, and this could easily cause a rise in mortgage rates.
If you need a connection with a great San Diego Realtor, or a mortgage plan, reach out to me thru the contact form.
Here is the quiz we discussed on the show today!
Are you a smart homebuyer?
If you listen to the radio show weeknights at 6pm on 1170am, I know you’ll ace this one!
Was one heck of a week last week for the show and all our events!
THANK YOU to those of you who attended, reached out, or simply tuned in. We grow one listener at a time, and I appreciate you. Speaking of growth, great way to help the show is forward these emails to people you know to spread the word. Best thing we can do is bookmark craigsewing.com, and LIKE on Facebook.com/craigsewing. $100 reward to anyone who helps create 50 new LIKES by sharing with their database:)
I can not begin to express how proud I am of the city of Boston. I encourage you to go back and watch the original videos….
WATCH as those citizens run TOWARDS the chaos. Thats where the heroic stories begin, and they continue every day. I hate that evil exists, but at least we unite as a country. Thank you Boston for leading by example!
As for last week:
Below is a video of me on Prime Time with Taylor Baldwin discussing low inventory in the real estate market in case you missed it. I do want to apologize and correct myself. In the fast paced interview, with no preparation, I mention working with agents who’ve closed 100+ deals to combat the low inventory. HUGE mis-speak caused by the rushed nature of the interview. Maybe work with TEAMS or companies that do this kind of volume, but individuals is rare. I knew it as soon as I said it, and let me tell you, I’ve had some great realtor friends who refer to my mortgage team with Synergy 1 Lending give me a playful earful:) Truth is, you gauge your realtor by experience, trust, and work ethic. If they have those things, it doesn’t matter how many deals they’ve closed, they’ll get the job done!! Please accept my apology and obvious need for a correction.
VIDEO INTERVIEW
http://www.utsandiego.com/video/play/54440/
We also did the live radio show at the KCBQ event. Several hundred people attended the event. If you’d like to see some pics, go to Facebook.com/craigsewing. Thank you for all of you who came up and said hello. It was very humbling to meet some fans!
THIS WEEK:
I will be out of town headed to my hometown of St.Louis on Thursday to do a presentation for a few hundred realtors. But you can expect to hear me on the show today and tomorrow.
Today we will touch the Boston story, we have some NEW #s in real estate, and an excellent financial panel. By the way, yesterday, existing home sales came in down .6%. Nothing to be concerned with, housing still in great shape.
Please tune in on 1170am KCBQ @ 6pm, and don’t forget you can now download the show on ITUNES.
FREE GIFT:
George Foster and Phil Hill are brilliant advisors from Wells Fargo Advisors. They are regularly featured in UT TV, and good friends of mine. Today on the 7oclock hour, they are willing to give a free retirement check up to anyone who reaches out. Imagine if you spotted some big holes (we always do) in your retirement plan. Things like unnoticed FEES, taxes, etc. You need someone to check this out for you…and you have two of the best in the business willing to do it for free. Take a moment and take advantage!!. Just email me if you’d like me to refer you for a chat.
Please tune into the show!! Thank you everyone for your support. As always, feedback is totally welcome!
P.S. Do not forget, for any real estate, mortgage, credit, debt, financial planning, etc question, concern, or need you may have- Please reach out.
A year ago, in 8 Core Beliefs of Extraordinary Bosses, I contrasted the great bosses with average ones. Many readers commented that what I described as an “average” boss was actually an awful boss.
Not so! Truly horrible bosses have beliefs about work and management that are so dysfunctional that they can’t even be measured on that scale. Based upon my experience and observation, the absolute worst bosses believe the following:
1. Management is command and control.
Horrible bosses think their job is to order employees to do things and make certain that they do them.
Smart bosses know that the job of managing is mostly helping employees be more successful and making difficult decision that employees can’t make on their own.
2. Employees should WANT to work long hours.
Horrible bosses are convinced that employees who don’t want to work 60-hour work weeks are slackers and goldbricks.
Smart bosses know that numerous studies have shown that any attempt to consistently work more than 40 hours a week reduces productivity.
(Read more: The Billion Dollar Company With No Bosses)
3. I manage numbers rather than people.
Horrible bosses put all their energy into making certain that the numbers come up right, even if it means changing the numbers.
Smart bosses know that the only real way to get good numbers is to help your people make their numbers.
4. If I really need something done, I do it myself.
Horrible bosses think of themselves as the star performer who can fix any problem by yanking back authority and responsibility.
Smart bosses realize that true leadership entails motivating people to own their own successes and failures.
5. I don’t decide until I have ALL the data.
Horrible bosses are so risk averse that they require mountains of information before making any important decision.
Smart bosses understand that there’s a point (and it usually comes fairly quick) that additional information merely muddies the waters.
6. I own the success and you own the failure.
Horrible bosses take the credit when things go well and point the finger when things go poorly.
Smart bosses know that their real job is to 1) fix the failures before they happen and 2) publicize the wins that employees achieve.
(Read more: Subway ‘Wouldn’t Exist’ If Started Today Due to Regulations: Founder Deluca)
7. I like to keep them guessing.
Horrible bosses play their cards close to the chest and never let employees into the decision-making process.
Smart bosses know that decisions are more successful when those tasked with the implementation of them are involved from the start.
8. The salary review is the perfect time to coach.
Horrible bosses sandbag their complaints, criticisms, and advice until the employee’s performance review.
Smart bosses realize that employees panic when they’re bushwhacked and can only change behavior when they’re coached gradually and regularly.
9. I’m so important I don’t have to be polite.
Horrible bosses are so puffed up with grandiosity that they can’t be bothered to control themselves.
Smart bosses know that corporate bullies eventually get what they deserve–a staff of lickspittles whose lack of talent destroys the company.
(Leaving the name anonymous)
Your email makes my day!
It reminds me we can help people make the right decision.
Refinance- absolutely.
How- depends.
Personally- I do not like the 15 year idea. I know this sounds counterintuitive…BUT listen to me here!
If you refinance into a 15 year note you are FORCED into a higher payment.
A 30 year note creates a lower payment. This doesn’t mean you will take 30 years to pay off the mortgage, it simply means you take the monthly savings and put them into a safe liquid able account. You can still accumulate the $ you need to pay off your mortgage typically FASTER then on a 15 year mortgage anyway.
I would NEVER encourage you to do something like this unless you were fully comfortable.
For your refinance, James Carmody @ Synergy 1 Lending, my team!
To explore these options, I recommend Dave Elhoff….he can model it out for you in a way thats transparent.
Totally up to you in the end…
But no matter what…YES, refinance. Refinance yesterday. Get on the phone with James and get that moving! Rates are climbing….and I do not want to see you miss the opportunity. HOW, well you can decide as you move along with process.
Thats my advice…hope this helps you!
Spread the word!!
QUESTION FROM CRAIGSEWING.COM
Name
Email
Phone
Message
Should I stay or should I go? Craig, I listen to your talk show on 1170; fr some reason I decided to contact you after listening from 6 to 630 today. Anyway; here is my situation in a nut shell;
1. I’m 60 working full time (until furloghed any way for the US Navy as a civilain.
2. Wife retired early golden handshake teacher. Pays a second for a new kitchen and hard woor floors, balance about 38K. (I think..
3. Own our home in Rancho Bernardo since 1994, refied once current balance about 180K. Valued around $450K. PII_$1425.00; loan intrest rate 5.25%.
4. I have a personnal loan balance of about 33K.
5. Looking to refi, consolidate debt or sell to get out of San Diego tax base, get ride of the HOA, and all the rentals in the neiborhood. Or Refi at 15 years,and fix up the house and landscape.
6. 5 or 6 years from retirement.
The greatest weapon against stress
is our ability to choose one thought over another.
- William James
On tonights show:
Going to review round 1 of the NCAA bracket…Whos in first out of all of our listeners? My Nephew Jacob!
Its Financial Fridays- Will review the week in the market, and re-explain the issues in Europe, and answer the questions, “Could the US Government levy YOUR bank deposits as a form of bailout?”
Tune in on 1170am @ 6pm, or podcast thru craigsewing.com
Preview of RNC, lowest trading volume of the year in the market. Great news in housing!
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