Archive for August, 2012

It has been said that only two things are certain in life: death and taxes.

August 27th, 2012

I’d like to add a third.  In Minnesota, winter will come again!  But, before it gets so cold that spit freezes before it hits the ground, we like to party.

The Great Minnesota Get Together is in full swing.  One of the organizers was quoted on WCCO as saying, “it’s like preparing a dinner party for 1.8Million guests.  The 2nd largest fair in the United States got underway yesterday and runs every day through Labor Day with the fairgrounds open from 6AM to Midnight.  I’m not so sure I’d call it a dinner party…more like weird hors d’ouevres.  This year, bacon flavored ice cream is on the menu. Read the rest of this entry »

We’re off to the top of the world: Qaqortoq, Greenland.

August 20th, 2012

Imagine being raised on the world’s largest island, population steady at 56,000 brave souls,  80% covered in Ice, where the temperature in summer rarely achieves 50 degrees F, and the only colors you’re likely to see are the blue of the surrounding ocean, the brown of the barren rock and the ever present white snow and ice! That must be why they paint their houses vivid colors. I’ve always had a fascination for quirky vacations so we’re off to Greenland and Iceland for a couple of weeks to see the lands of snow and ice with  what’s left of the midnight sun! Read the rest of this entry »

In The News…

August 13th, 2012

I’ve been hanging out at home  for a couple of days with my box of Puffs and my “coughing, sneezing, aching, wheezing, so you can rest medicine.” A summer cold.  Seems like an oxymoron doesn’t it.  Nothing cold about it.  It gave me a chance to catch up on all of the recent memos, guideline changes and other interesting stuff.  Here are a few of the most noteworthy:

Guarantee Fee increase on USDA

Effective for Rural Development loans committed on or after 10/1/2012, the annual fee is increasing from .30 to .40%.  The upfront Guarantee Fee remains at 2%.  We’ve been doing more and more of these for people buying in small towns.  They are comparable to FHA from an upfront mortgage standpoint but offer zero down payment, and a lower annual cost.  To find out if your property is eligible for this type of financing go to Read the rest of this entry »

“No man will work for your interests unless they are his.”

August 6th, 2012

Every Tuesday, we buy lunch for all of the employees in the branch.  This past Tuesday was ‘Chinese Tuesday’ and what would Chinese takeout be without the finale:  the Fortune Cookie.  Instead of being told that I’d be taking an ocean voyage or some other such whimsical nonsense, this quote by David Seabury, popped out.  “No man will work for your interests unless they are his.”

 It got me to thinking about just how fortunate I really am to have this great group of people surrounding me at every level from employees to clients and to the Realtors, Builders and Remodelers who trust me day in and out to do the right thing for them and the people they refer.  Read the rest of this entry »