Volume II, Issue 5 May, 2005
 

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News

Fannie Mae to Buy More 40-Year Mortgages

From Dow Jones Newswires

The 40-year mortgage, still a relatively rare choice for financing the purchase of a home, is about to get a big boost: Fannie Mae will be stepping up its purchases of these loans, providing lenders with an incentive to offer more of them.

Read the full story here

Seven Harsh Truths About Real Estate

By Jonathan Clements
Staff Reporter of The Wall Street Journal

From The Wall Street Journal Online

It'll end in tears.

When I was growing up, that was one of my mother's favorite battle cries, as she stormed into the room to break up yet another fight between my brothers and me. Recently, that phrase popped into my mind again -- as I was thinking about today's overheated housing market.

Read the full story here
 
 
 
 
 

We Are Expanding

Our Tampa Office is moving to a new location July 5th, 2005!

The new address is:
Westshore Place I
4350 West Cypress Street
Suite 814
Tampa, FL 33607

Phone: (813) 253-5464
Fax: (813) 253-5402

If you have any questions please contact us at:

marketing@metrowestapp.com

Please visit us at:
 www.worldappraisal.com
www.metrowestappr.com
 
 

Joke of the Month

The Differences between you and your boss

1. When you take a long time, you’re slow.
When your boss takes a long time, he’s thorough.

2. When you don’t do it, you’re lazy.
When your boss doesn’t do it, he’s too busy.

3. When you make a mistake, you’re an idiot.
When your boss makes a mistake, he’s only human.

4. When doing something without being told, you’re overstepping your authority.
When your boss does the same thing, that’s initiative.

5. When you take a stand, you’re being pig-headed.
When your boss does it, he’s being firm.

6. When you overlooked a rule of etiquette, you’re being rude.
When your boss skips a few rules, he’s being original.

7. When you please your boss, you’re a "brown noser."
When your boss pleases his boss, he’s being co-operative.

8. When you’re out of the office, you’re wandering around. When your boss is out of the office, he’s on business.

9. When you’re on a day off sick, you’re always sick.
When your boss has the day off sick, he must be very ill.

10. When you apply for leave, you must be going for an interview.
When you boss applies for leave, it’s because he’s overworked.

Metro-West & World Appraisal

We invite you to stop by and meet our staff!

Please come by our office, meet the employees and see how our operation works!

Metro-West & World Appraisal
27555 Executive Drive
Suite 180 & 185
Farmington Hills, MI 48331

For information or questions please email us at:

marketing@metrowestappr.com

Click here to view directions

Visit us today at: www.metrowestappr.com


Visit our sister company World Appraisal
at: www.worldappraisal.com

Questions & Answers

 Please email us at marketing@metrowestappr.com

Your questions and our reply will appear in next months issue.

State Spotlight

OKLAHOMA REAL ESTATE IS DRAWING CALIFORNIA INVESTORS

Property is still relatively inexpensive in Oklahoma compared with the other places.
Read the full story here

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Did You Know?

 2004 Best and Worst Housing Markets

 According to an article from the "Reviewer and Mortgage Underwriter" here are the 10 best and worst markets for 2004:

Ten Best

Market Score Previous
Los Angeles 85 83
Orange County CA. 81 81
Honolulu 80 78
Miami 78 73
New York City 76 78
Washington, DC 75 76
Ventura County, CA. 75 75
Westchester County, NY 74 75
San Diego 74 75
San Jose, CA 73 69

Ten Worst

Market Score Previous
Stamford, Conn. 39 48
Jacksonville, FL 41 46
Columbus, OH 50 55
Las Vegas 50 64
Raleigh, NC 52 63
Dallas 54 54
Pittsburgh 55 52
Hartford, Conn. 56 61
Austin, TX 57 53
Dayton, OH 57 62

Feedback

We have provided a quick, 3-question survey to be completed. Your feedback is important to us to know how to better serve you.

Click here for survey



 

Quote of the Month

"You are never too old to set a new goal or to dream a new dream"

~ Les Brown ~
 
 
 

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