The Real Estate Sage
The Real Estate Investment Institute
The Real Estate Sage Pod Cast

Real Estate Gurus Doxology

Praise tenants from whom all blessings flow;

Praise tenants all landlords here gathered;

Praise tenants above free loading in-laws;

Praise father, mother, and six screaming brats.


From all that dwell in houses of mine;

Let my guru’s praise a-rise;

Let my cheap decorator’s name be sung;

Through every land in every tongue.


Eternal are thy monthly tidings;

And truth eternal it is thy poverty;

Thy praise shall sound from month to ...<< MORE >>

Posted by William J Archambault Jr at 11/17/2008 1:23 PM | Add Comment

Passing the Buck / It’s the LO’s Fault / A Convenient Misunderstanding

"All the mortgage loan officer has to do is "SAY NO"!... In all the years I've been selling real estate, I've never known a loan officer who couldn't say "NO"."

LO’s don’t have the right to say "NO!"




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Posted by William J Archambault Jr at 7/14/2008 5:13 PM | Add Comment

Carrion Investing

Before you condemn/curse the carrion among us remember both the Wise Old Owl and the Noble Eagles are carrion! Like in nature, society needs it’s carrion members!




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Posted by William J Archambault Jr at 7/7/2008 12:55 PM | Add Comment

Deliberate Deception By Government Fiat / What They Don't Tell You


 

"APR" is a lie! A Government Fiat, that causes more harm than good.

I have never meet anyone who's experienced any thing even close to the "APR" rate! You won't meet anyone either!

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Posted by William J Archambault Jr at 7/5/2008 8:02 AM | Add Comment

Divorce / Real Estate / Money

Divorce / Real Estate / Money

D-I-V-I-C-O-R-C-E, Tammy Wynette sang out years ago, spelling to keep a 4 year old from understanding! Just like the attorneys and the judge mislead the divorcing couples




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Posted by William J Archambault Jr at 6/29/2008 10:24 AM | Add Comment

Marriage, Real Estate, Money

Regardless of how we feel about marriage, any marriage there are some simple credit and real estate matters that everyone considering marriage should think about.






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Posted by William J Archambault Jr at 6/27/2008 12:48 PM | Add Comment

Creating Equity From Nothing Revisted

The difference between real bird dogs and hunters is the dog sees a Cock in the field and the hunter sees "Pheasant Under Glass!" Yes, poorly trained, dogs will try to eat the bird, but it's not the same meal the hunter and his family enjoy Sunday afternoon. It's exactly the same with "Bird Dogs" and Investors. Too many would be "Bird Dogs" and would be Investors, only see the Cock. A skinny Cock may not look like much of a meal but when the right cook does their thing it's wonderful. It's the same with opportunity ...<< MORE >>
Posted by William J Archambault Jr at 6/25/2008 4:05 PM | Add Comment

The Difference Between Experts & Professionals

Are you a real estate “Expert” or a “Professional?”<< MORE >>
Posted by William J Archambault Jr at 6/20/2008 2:34 PM | Add Comment

And The Stupidity Goes On/ Naked Home Buyers

The cumulative effect is that the consumer stands naked! Striped of the protection afforded by an independent lender. An arms length appraisal. And, a independent escrow agent/title company insuring the legality of the closing. << MORE >>
Posted by William J Archambault Jr at 5/31/2008 11:32 AM | Add Comment

Hypothecation / Basic Money 301

Over and over again the TV commercials ask: "Do you have a structured settlement? Do you have a an annuity? Do you have a land contract? Do you have a contract for deed? Do you have an incoming private note?" We’ll give you the cash you need!




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Posted by William J Archambault Jr at 5/27/2008 8:56 PM | Add Comment

A Serious Question

A new blogger wrote: “How many people walked away from the homes in which they only had $500, $2,500, or $5,000 as down payment? But that's all they lost. And how many people lost their $40K, $60K and $100K?”<< MORE >>
Posted by William J Archambault Jr at 5/20/2008 3:43 PM | Add Comment

How Much Should I Put Down / Equity Is No Protection / Liquidly Is

A lot of, so called, professionals have been advocating higher down payments in the current mortgage crisis. Such bad advice could best be described as testosterone laced bovine droppings!

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Posted by William J Archambault Jr at 4/28/2008 3:39 PM | Add Comment

Honing Your Skills / A Shape Edge

What I learned was that there is no better way to hone your skills and polish your arguments that to teach what you know to interested students.



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Posted by William J Archambault Jr at 4/18/2008 11:06 PM | Add Comment

You Want To Buy A Bargain / Talking To A REALTOR®

You want to buy a bargain! You know all about the real estate crises, you watch the TV news. Maybe you even took a ride on the “Foreclosure Express” bus where the REALTOR® on the loud speaker pointed out a nice looking house with brown grass, and told you, “it sold for a Billion Five, 3 years ago, but you could buy it today for $163,535.00!”<< MORE >>
Posted by William J Archambault Jr at 4/12/2008 3:32 PM | Add Comment

One Of God's Greatest Gifts / The Ability To Fail Like A Moron

What about those poor morons losing their homes? It has been suggested that Loan Originators should have kept these morons from these terrible loans. << MORE >>
Posted by William J Archambault Jr at 4/11/2008 7:01 AM | Add Comment

Shut-Up And Start Making

Everyone is a salesman, some are just better than others. I write about real estate, real estate investment, mortgage lending and borrowing, and sales. Salesmanship is a lesson in life! << MORE >>
Posted by William J Archambault Jr at 4/10/2008 11:30 AM | Add Comment

The Evil Of Ignorance / Is The Pre-payment Penalty Evil?

During the current mortgage crisis every news pundent, every former home owner, every politico, every fool with little or no lending or banking knowledge has pontificated an opinion as to the reason for proliferation of foreclosures! We have been forced fed a virtual cornucopia of unsupported illogical sound bytes all of which are both individually and collectively are pro-ported
 to be the cause of the problem


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Posted by William J Archambault Jr at 4/2/2008 5:53 PM | Add Comment

A Consumers Guide to Buying And Selling With Lease-Options # 1

This is the first of two articles on purchasing and selling single family homes with lease-options. We're going to examine buying on a lease-option, selling on a lease-option, and in article # 2 how to successfully buy and sell on a lease option.




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Posted by William J Archambault Jr at 4/1/2008 2:48 PM | Add Comment

A Consumers Guide to Buying And Selling With Lease-Options # 2

In part 1 of "A Consumers Guide To Lease Options" I did my best to discourage your use of this tool. Lease options are in deed very useful if done right.

Some of you may want to use a lease option properly, so here are some guide lines.



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Posted by William J Archambault Jr at 4/1/2008 1:05 PM | Add Comment

How Much Can I Afford / A Stupid Question

You’ve reached that point in your life, somewhere between 18 and death, that you want a home of your own. You locate a REALTOR® or better yet a Loan Originator and make your first mistake. You ask “how much can I afford?”<< MORE >>
Posted by William J Archambault Jr at 3/25/2008 3:16 PM | Add Comment

Perception: “Intuitive Understanding And Insight”

What is your perception of yourself? Do you have a professional persona? How are you perceived?



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Posted by William J Archambault Jr at 3/24/2008 8:58 PM | Add Comment

Resurrection Of Hope

We’ve faced many a crisis since the start of the American dream, war, moral reform, depression, social ambiguity, and lack of leadership. Never have we so needed a mass exorcism so much as we do today.<< MORE >>
Posted by William J Archambault Jr at 3/22/2008 10:46 PM | Add Comment

Sales Advice for Tough Times / Garth Brooks / A Rodeo / Bull /

I was listening to Garth Brook’s recording “Fever” about a seemingly insane bull rider. “Fever” could be symbolic of a real estate or mortgage rep’ in our current crisis! The bull rider starts out injured and with one hand tied, that pretty well describers our current situation. << MORE >>
Posted by William J Archambault Jr at 3/15/2008 3:21 PM | Add Comment

I Have A Prolbem / A Sales Pod-Cast

I’ve never met anyone who ever bought or sold a house repeating someone else’s words, like a parrot. But, I’ve never found any phrase as powerful as those ten little words. "I have a problem... and I could use your help." << MORE >>
Posted by William J Archambault Jr at 3/11/2008 8:23 AM | Add Comment

Beat The Sharks

Keep these two lessons in mind. Know how things work and sometimes it takes drastic measures to get attention. Every real estate "Guru," myself included, teaches about "short sales" getting a lender to take less than it's entitled to as full payment. Lenders accept "short sales" when it's in their best interest. Lenders also discount paper and sell notes all the time, << MORE >>
Posted by William J Archambault Jr at 3/8/2008 2:09 PM | Add Comment

Inspired Brilliance

Almost all of us know or know of someone who’s made a million dollars in real estate. In quieter contemplative moments we all look for their inspired brilliance, so necessary for doing well in today’s depressed real estate market.<< MORE >>
Posted by William J Archambault Jr at 3/5/2008 4:44 AM | View Comments (2) | Add Comment

The American Dream Part II

From the time Columbus’s voyage became known the "Dream" has grown and mutated the Spanish, French, and English Monarchs sought to expand their empires and exploit the New World to profit the Old.<< MORE >>
Posted by William J Archambault Jr at 12/18/2007 1:44 PM | Add Comment

The Amercian Dream part 1

I am an American! Not a schizophrenic hyphenated dysfunctional, confused, and disloyal, ethnic freak. I am a Euro-centrist, there is no other logical expatiation for the American miracle! My Great, Great, Great Grandfather Jacques emigrated here from France in 1608, for freedom to practice his religion. << MORE >>
Posted by William J Archambault Jr at 11/28/2007 1:01 AM | Add Comment

Net Offers A Better Real Estate Idea

For more than thirty years I've been writing sales agreements, offer and acceptances, purchase agreements, mini-offers, and options unlike anything I’ve ever seen, << MORE >>
Posted by William J Archambault Jr at 7/5/2007 1:00 AM | Add Comment
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