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The Day The Inspector Gave My Buyers A Heart Attack

Pamela Madore 806-290-1920 Keller Williams Realty http://iloveamarillo.com
The Day The Inspector Gave My Buyers A Heart Attack
Let me rephrase this by saying that just like anything else in the world there are good, bad and degrees in between.  I am not in any way lumping all inspectors into a group.  I am only going to tell you about my experience.

Well, first, my buyers didn't really have a heart attack.  I was exaggerating there.  They did, however, opt out of the contract based on what the inspector told them.
We somehow got an overzealous inspector.  As Realtors, and other inspectors, we know that inspectors are licensed to do inspections.  They are not licensed roofers, electricians or plumbers.  (Unless they just happen to be one outside of the realm of inspectorhood.)
Unfortunately, not all buyers are aware of that!  
I recently wrote a blog entitled The Five Thousand Dollar Toilet.  I received an email from a man in Houston that had been an insurance adjuster for many years and an…

How Accurate Is Credit Karma?

Pamela Madore
NMLS#289635
Pamela Madore Mortgage
http://pamelamadoremortgage.com


How Accurate Is Credit Karma?














I don't know.  I don't think anyone really knows.  All I can tell you is what my experience has been--both as a Realtor and a Mortgage Broker.

First let me tell you just a very little bit about credit scores.  There are different scores for the type of credit that you apply for,  For instance, if you apply for a car loan your score is not going to be the same as if you apply for a credit card.

Mortgage credit scores are the ones that are the most talked about so let's just talk about those.

First, there are 3 "bureaus".  That means that there are 3 different reporting
agencies that creditors report to.  They are Experian, TransUnion, and Equifax.  (Not all creditors report to all 3 bureaus but that is a subject for another blog.)

All the time I  ask people if they have any idea what their credit score is and inevitably they tell me what their Credit Karma score i…

The Five Thousand Dollar Toilet

Pamela Madore
Keller Williams Realty
http://iloveamarillo.com
806-290-1920

The Five Thousand Dollar Toilet

One of our jobs as a Realtor is to try to advise our sellers on what they have to do to get their house ready to sell.  This isn't always an easy job.  Some people get really offended because they are emotionally attached to their house.


The title to this blog may sound a little silly but later on you will see why I named it this.  Oh heck, why wait.  The next scene may be disturbing.   I made that picture small so I wouldn't gross you out  but what the heck.  Let's make it life size----well maybe not that big.

You get the  idea.  So.  As a Realtor if I am showing your house and when we go into the bathroom and see this,  your house just lost $5000 in value.  Don't blame me.  I just interrupt what I see from a buyer's face.  You just flushed $5K down your nasty toilet.  


So what are some other things that we might find that will reduce the price?  How about this?  Bro…

Why Brokers Are Better Than Banks

Pamela Madore 
Pamela Madore Mortgage
3955 S. Soncy
Amarillo, TX 79119

Why Brokers Are Better Than Bank



To my knowledge, I am the only Mortgage Broker in Amarillo.  Sounds crazy doesn't it?  When I moved to Amarillo from Florida I left a place where there  were only Mortgage Brokers to a place where the term was foreign.

Let me explain the difference.  Banks and lenders have a limited amount of programs and guidelines they have to follow.  For instance,  one bank may have a minimum credit score of 620.  If your score isn't 620 then you have to try to find another bank or lender that will work with you with a lower score.  

So now you have found a lender that will go with a lower score but since you are self-employed you don't show enough income to qualify.  Now you have to go and try to find another lender. And it can go on and on.

What a mortgage broker does is shop for you.  Sort of like the Amazon of mortgages.  At my disposal I have literally hundreds of programs available.  S…

Pamela Madore of Keller Williams Realty Just Listed 7802 Sombrero in Amarillo, TX

Pamela Madore
Keller Williams Realty
http://iloveamarillo.com
806-290-1920


Pamela Madore of Keller Williams Realty Just Listed 7802 Sombrero in Amarillo, TX 

7802 Sombrero is in River Road north of Amarillo.  It is located among several established streets of brick homes.

This, your new home!, has been newly remodeled with granite in kitchens and baths, new tile shower surrounds and new carpet.  It has a fireplace for those cold winter nights.  Did I mention a brand new roof!

It has 3 good sized bedrooms, one full bath and the master has a walk-in shower.  It also have a full two-car garage.

The back yard is a great size--not too big and not too small.  Just perfect for your dog and a place for those backyard barbecues.  

Take a look at the couple of pictures here and then visit our website 7802 Sombrero to see more pictures and to schedule a showing!