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Ken Pederson, Certified Mortgage Planner

Ken's Korner - What Should You Be Doing Right Now?

Ken Pederson of FAIRWAY Independent Mortgage in Lancaster, PA discusses how final inspections are being required before settlement of every property appraised before the recent storm. Appraisers are working extra hard to make this happen, so the next Appraiser you see, give them a big thanks for all of their hard work. Also, Ken goes over a technique for maintaining and improving the strength of your referral circle.

9/2/11 - Appraisals and End of Month


9/2/11 Ken Pederson from FAIRWAY Independent Mortgage talks about the national change to appraisals and how it is going to affect the real estate industry, and particularly how to handle the end of this month.

FHA loan limit reducing

Ken Pederson from FAIRWAY Independent Mortgage Corporation in Lancaster, PA, discusses the upcoming FHA change in October 1st, 2011. FHA will lower the artificially raised loan limits back down to $270,000. Also, how do you earn $1,000,000 per year in commissions through referrals alone? Ken has a book on just that subject that will be given to the first 200 people at our Real Estate Event Sept. 8th in Lancaster, PA. Steve Harney and Darryl Davis are going to speak, and it promises to be a great time!

Realtors, Protect Your Settlements!


From www.kenskorner.tv - Ken talks about the disruption being caused by the credit bureaus' trigger leads initiated the moment a lender pulls your client's credit. www.optoutprescreen.com is a good way for your clients to protect themselves. Also, September 1st will bring the "UAD." All appraisers will have new coding in their appraisal forms in an effort to further standardize the home appraisal process. Be aware of the changes this will make time-wise, and what might be needed from you, the agent, for settlements to proceed on schedule.