Posted by chucke/fl on 6/28/09 8:58pm
Msg #293908

EOM

Florida, how was your EOM? I am in Jax and mine was almost uneventful.

Reply by Joan Bergstrom on 6/28/09 11:45pm
Msg #293912

It was extremely busy in the Inland Empire. I had 7-8 calls.

Reply by RickG/CA on 6/29/09 8:07am
Msg #293919

I had three in Thursday morning, then my phone went silent. Turned out my phone stopped receiving/making calls. Spent evening getting to know my new phone.

Reply by Larry/IL on 6/29/09 8:33am
Msg #293922

SW Burbs-Chicago, I had Four, turned down Two that I could not handle. Slow for EOM but already had 3 booked for the up coming week so maybe it's going to pick up a bit.

Reply by Gary Boehm on 6/29/09 9:12am
Msg #293926

EOM

After a SLOW beginning this month (Ok, I take back what I said then) this EOM turned out to be great. Two or three of them were for mopping up after other "notaries" (quotes intentional), and that meant a little extra of course!

Reply by Jacqueline Quaresimo on 6/29/09 9:15am
Msg #293928

4 for EOM. Very busy all month. Best month ever.

Reply by Shoshana Roller on 6/29/09 10:09am
Msg #293935

How long have you been in the business?

Reply by Glenn Strickler on 6/29/09 11:08am
Msg #293938

EOM business seems to be highly geographical

In my area, we have more empty repos than Carter has pills. There are very few refis and refis seem to drive the end of the month. The purchases seem to be spread out evenly throughout the month. I don't have any figures for the general area, but at one time I was doing 10 refis for every purchase. Now that has reversed. A lot of first time buyers. Things are dirt cheap. I closed a loan Friday on a repo purchase that originally sold for $315,000. The sales price? $92,500.

Reply by GF_CA on 6/29/09 11:22am
Msg #293939

In Stockton house that sold for $280,000 now are selling for

$30,000 to $40,000.

Reply by Glenn Strickler on 6/29/09 2:47pm
Msg #293971

Ouch, I guess that is a preview to what is comming to my

neck of the woods. The number of foreclosure letters sent out so far this month are the highest yet recorded according to the Victor Valley Board of Realtors.

Reply by NJW/FL on 6/29/09 11:53am
Msg #293949

I had eight appts and all went well. I also had one today and another scheduled for tomorrow, the 30th. June ended up a good month for me. I am in Lakeland, Winter Haven area. Grateful for the work.

Reply by Michael Edmonds on 6/29/09 12:21pm
Msg #293953

EOM stunk only last minute deals (but paid very well) did 2

Home values took a huge hit in my area this month. The 2 deals that went through they had over 60% equity.

Reply by JanetK_CA on 6/29/09 6:57pm
Msg #293991

Had as many as I could handle. Still mostly seeing people with good credit taking advantage of what were lower interest rates. June was a very good month for me, but we'll see how long this lasts. Lots of what was in the pipeline from over the last several months -- plus those who were waiting it out trying to "time the market" so to speak, to get the lowest possible rate -- has now been done, so I won't be surprised if overall volume starts trending down.

Reply by John Schenk on 6/29/09 7:31pm
Msg #293995

June was the best month of this year here. Just have one for tomorrow and one for July 6th booked right now, and those got booked last week. No calls at all today so hope that's not a sign of how July will go. Guess we'll see. Always a little dip at the first of the month.

It wouldn't bother me to not have any signings Friday through Sunday this week. I'm ready for a 3 day weekend to do nothing but goof off. Mom is 79 and Dad is 81. They LOVE fireworks so we'll shoot a ton of fireworks off at the ranch Friday night, and then go to the fireworks display here in town Saturday night. Probably be some barbecue cooked this weekend, and possibly a beer or two drank. LOL

Hope for those of you that it's slow that it picks up for you. Best of luck!

JJ

Reply by Teddog/CO on 7/1/09 8:28am
Msg #294159

June was so-so here. Received most calls at the EOM. Everyone is correct about where you are located and where loan companies are working at the moment. That's why notary work is such a roller coaster ride.

Bankruptcy is up 100% in Colorado, foreclosures are very high and a huge amount of homes for sale in every part of Colorado Springs. I think that a lot of peoples credit scores are dropping. I fully expect another wave of foreclosures from the folks that have been hanging on via credit cards. It's quite the sad mess.

JMO But I think everyone can only "hang-in-there" and be very careful with the money they have. Hopefully things will turn around in the near future.