{"id":5855,"date":"2008-11-26T14:38:15","date_gmt":"2008-11-26T21:38:15","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=5855"},"modified":"2008-11-26T14:38:15","modified_gmt":"2008-11-26T21:38:15","slug":"digging-in-to-dig-out","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5855\/digging-in-to-dig-out\/","title":{"rendered":"Digging In To Dig Out"},"content":{"rendered":"<p>Wholesale lenders, escrow companies and title companies are sending me e-mails this afternoon:<\/p>\n<blockquote><p><em>In observance of the Thanksgiving holiday and as a demonstration of our commitment to our core values, ABC Financial will be closed Thursday and Friday (and Saturday and Sunday).\u00a0 We wish you and yours a joyous holiday season and thank you for your business.<\/em><\/p><\/blockquote>\n<p><strong>WTF ?<\/strong><\/p>\n<p>Okayfine.\u00a0 Rant over, captured in three letters.\u00a0 Sermon begins:<\/p>\n<p>Thanks, Dave.\u00a0 The <a title=\"words of encouragement\" href=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=5790\">words of encouragement are appreciated<\/a>; readers might look at the words of the song he quoted, though:<\/p>\n<blockquote><p>If you\u2019re going through hell<br \/>\nKeep on going, don\u2019t slow down<br \/>\nIf you\u2019re scared don\u2019t show it<br \/>\nYou might get out<br \/>\nBefore the devil even knows you\u2019re there<br \/>\nYeah, If you\u2019re going through hell<br \/>\n<strong>Keep on moving, face that fire<\/strong><br \/>\nWalk right through it<\/p><\/blockquote>\n<p>&#8220;Keep on moving, face that fire.&#8221;\u00a0 A good reminder for us to persevere in the face of adversity.\u00a0 What the title, escow, and mortgage companies are doing, however, is living in a 2005 world.\u00a0 There are loans to be funded, resales to be recorded, and transactions to be closed.\u00a0 There are, without a doubt, thousands of transactions that won&#8217;t fund, record and close on Friday&#8230;and thousands of clients who won&#8217;t be able to take advantage of the weekend to move.\u00a0 Double that number if you count the chain reaction real estate transactions produce.<\/p>\n<p>Complacency breeds contempt in my world.\u00a0 I have always considered the last day of the month (which is Friday) to be a VERY important day.\u00a0 If you can close ONE extra transaction, on Friday, instead of having it bleed over until Monday, here&#8217;s what you&#8217;ll gain:<\/p>\n<p>1- <strong>One hour of phone time<\/strong>.\u00a0 When the transaction won&#8217;t close because of the closed escrow company, we all have to make between 3-5 phone calls, explaining what happened and reassuring all principals that the transaction is fine.<\/p>\n<p>2- <strong>One hour of e-mail time.<\/strong> Rushing to get last minute conditions in takes 30 minutes.\u00a0 It takes another 30 minutes to get the weekend out of the employees&#8217; minds, after their 4-day rest.<\/p>\n<p>3- <strong>Four days of simple interest<\/strong> (or spending power).\u00a0 When everyone gets their money faster, they can invest or spend it.<\/p>\n<p>4- <strong>Points in the &#8220;<a title=\"favor <a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5855\/digging-in-to-dig-out\/#more-5855\" class=\"more-link\">Read more<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wholesale lenders, escrow companies and title companies are sending me e-mails this afternoon: In observance of the Thanksgiving holiday and as a demonstration of our commitment to our core values, ABC Financial will be closed Thursday and Friday (and Saturday and Sunday).\u00a0 We wish you and yours a joyous holiday season and thank you for [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[5],"tags":[],"class_list":{"0":"post-5855","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":5790,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5790\/if-you-are-going-through-hell\/","url_meta":{"origin":5855,"position":0},"title":"If You Are Going Through Hell&#8230;","author":"Dave Phillips","date":"November 23, 2008","format":false,"excerpt":"I'm lucky... very lucky. I live in a great place that is insulated from the harshest realities that face many communities out there. I get a paycheck and not a commission and I'm 20 years from caring about the stability of my 401k. I feel for those that are not\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11470,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/11470\/splendorquest-should-we-celebrate-john-galt-day-on-june-1st\/","url_meta":{"origin":5855,"position":1},"title":"SplendorQuest: Should we celebrate John Galt Day on June 1st?","author":"Greg Swann","date":"March 2, 2010","format":false,"excerpt":"I wrote this coming on four years ago, one of my last posts to PresenceOfMind.net, my philosophical\/political\/literary home on the web. The planned strike of our undocumented friends has come and gone, but the underlying idea -- a strike against the looters on June 1st -- still resonates with me.\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15820,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15820\/sneezers-wanted-pre-release-announcement-for-my-new-book-man-alive-a-survival-manual-for-the-human-mind\/","url_meta":{"origin":5855,"position":2},"title":"Sneezers wanted: Pre-release announcement for my new book, &#8220;Man alive! A survival manual for the human mind.&#8221;","author":"Greg Swann","date":"April 2, 2012","format":false,"excerpt":"One of my favorite jokes about the art of advertising copywriting is a matchbook cover reading, \"Save the world from home in your spare time!\" I don't know if anyone still advertises on matchbook covers. I don't even know if anyone still makes matchbooks. Presumably, by now, smokers can light\u2026","rel":"","context":"In &quot;Egoism in Action&quot;","block_context":{"text":"Egoism in Action","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/egoism-in-action\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1183,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1183\/in-case-you-just-tuned-in\/","url_meta":{"origin":5855,"position":3},"title":"In Case You Just Tuned In","author":"Teri Lussier","date":"March 21, 2007","format":false,"excerpt":"The story so far: \"pat the bunny\" has just hopped off the turnip truck and finds herself reshelved between Macbeth and Machiavelli. She quickly discovers that by coughing up a little Shakespeare (don't worry Jeff, it's a very minor infection) she can keep the alpha dog from growling too much...\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13888,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/13888\/time-off-for-good-behavior\/","url_meta":{"origin":5855,"position":4},"title":"Time off for good behavior","author":"Teri Lussier","date":"January 1, 2011","format":false,"excerpt":"In other words, I want guilt-free time that is mine alone to decide how to use and likely the only way to do that is, ironically, to schedule it into my calendar.","rel":"","context":"In &quot;Flourishing&quot;","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16529,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16529\/make-a-sound-it-might-make-you-feel-right-at-home\/","url_meta":{"origin":5855,"position":5},"title":"\u201cMake a sound. 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I\u2019m a lot less about marketing and a lot more about fundmanentals, these days, but I\u2019m listing more as game theory than as a job,\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/5855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=5855"}],"version-history":[{"count":3,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/5855\/revisions"}],"predecessor-version":[{"id":5860,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/5855\/revisions\/5860"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=5855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=5855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=5855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}