2022 Conforming Loan Limits The Fannie Mae and Freddie Mac Conforming Loan Limits for California have a new high of $970,800 for one-units in ten counties. The other 48 counties vary from $647,200 to $897,000 for Napa. Two-unit maximum is $1,243,050, three-unit is $1,502,475 and four-unit is $1,867,275. The highest limit for 2021 was $822,375 […]
Changes for 2022 NMLS is constantly making changes for Course Providers like Duane Gomer Education. Due to the pandemic we have been doing webinars instead of seminars and the response has been gratifying. Of course, there will be changes. I believe this latest one will be effective on June 6, 2022. The student’s cameras must […]
New Programs I beg to differ. DJ and I have been watching many programs since the famous day of March 15, 2020. One day after DJ’s birthday but the start of our personal lock-down. And many of them have been entertaining. However, so many times I can sit down with hundreds of channels and hundreds […]
Ownership Shares Living in Wisconsin from birth to college graduation I was a fan of the Packers. Some years ago I read an article that mentioned that I could be an owner. So for $300.00 I have owned a share for a few years. For the first time in 10 years the Pack is offering […]
Typical Fees Google defines corkage as: A fee that a restaurant charges when a customer brings their own wine.I have known this word for years and have paid some fees on special occasions for a special wine or champagne. Knowing arithmetic I should have been inquiring and paying the fees more often. Many fine restaurants […]
Adages On the 24th Of October my mother would have been 109 years old. Breast cancer shortened her life to 79 years. Hate any cancer. Some years ago I posted a Mother’s Day Recap. Time for a repeat. In a recent post Bishop John H. Taylor quoted Bern Williams, “Sooner or later we all quote […]
Once upon a time, a long, long time ago, I was a court appointed receiver handling apartment houses during the foreclosure period. I would get my official court order, go take over the building, and run it as a professional property manager. Great job and then the foreclosures quit coming. One time late on a […]
Settle or Not Settle? When you complete an eviction, you get a judgement and then a writ of execution. The judgements are normally worthless. You could paper your garage with them and get more value. However, there were times when other actions might be feasible. The evictee might be a person who would have a […]
Maintenance There was a 132 unit building in Torrance that we had syndicated. Cliff Dietrich and I were the General Partners. I was the Property Manager. One Saturday evening we received an emergency call that our garbage pumps were not working. The sewage from the 132 family units was sent to a big underground tank. […]
Volatile Tenant Another property was one of my very first purchases in Milwaukee when I saved money from working in Europe, officiating basketball games and teaching at the Air Base for the University of Maryland. This was a three-unit in an older area of this older city. A tenant was rather strange. She would yell […]
