Tucson AZ Home Loan Info


The World Doesn't Owe You A Living

Night hike in Catalina State Park near Tucson

My youngest brother with a Tirio IndianHaving grown up in a different culture than that we enjoy in the United States, my four brothers and I learned early on that as individuals, we have personal responsiblility for our results. 

It's a lesson that's still with me after six decades.

When everyone involved in a real estate transaction (seller's agent, buyer's agent, escrow officer, loan officer and that most important person in the transaction ~ the buyer) subscribes to this truth, there's a joy in watching things come together.

That happened today, and I would dearly love to see it happen more often. 

In another transaction this morning, I watched a contract sale unravel as the only program for which my borrower qualified (USDA/Rural) disallowed the property because it was located in a flood plain.  (FHA will insure a property located in a floodplain, but USDA/Rural will not.)

It's not difficult for a listing agent to find out whether or not a particular property is located in a flood zone. 

In this case, the home certainly didn't appear to be in a flood zone, so the listing agent didn't take the trouble to find out.  He just clicked "NO" in the appropriate field on MLS listing.  That careless mistake cost him a sale today.  The buyer's agent will certainly find another house for his buyer, and I'll do the loan, but two weeks of hard work have gone down the tubes for naught.

Folks, the world doesn't owe any one of us a living.  We have to earn it.


I'm Mike in Tucson, your preferred Tucson Mortgage Lender.

NMLS #223495

SUNSTREET MORTGAGE llc ~ Mortgage Bankers, Not Brokers!
Offices in Scottsdale, Tucson, and Nogales, AZ, and Albuquerque, NM.

Call me on my Blackberry  (520) 349-9090

photos copyright Mike in Tucson



Comment balloon 36 commentsMike Jones • February 04 2010 12:11AM


Hi Mike,

I grew up on the Native American Reservation of Shoshone and Arapahoe Indian Nations in Wyoming.  My mother was Jewish and a Pentecostal Pastor.  My father was French, and we were allowed to eat ham on Thanksgiving.  Being diversified is a good thing.


By the way, My Sister, Shirley LeClair/Hallett, is a licensed inactive Real Estate Agent in Arizona, from Tucson.  And well, I'm considering moving there in about a year or so...hmmm.  I've got some blogs out there in Activerain, I'd love your feedback, since you are a mortgage broker/lender...



Posted by Jinean Florom, Real Estate Investment Consultant (My REI Toolbox LLC) over 10 years ago

I agree.

If everyone sat around with entitlement issues, nothing would get done.

Posted by Ralph Gorgoglione, Hawaii and California Real Estate (310) 497-9407 (Maui Life Homes / Metro Life Homes) over 10 years ago


Seems like that happens a lot!  :(


Thanks for being the first to comment!  I'll see you on your blog, and look forward to helping you.

Mike in Tucson

Posted by Mike Jones, Mike Jones NMLS 223495 (SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) ) over 10 years ago

I have always been a leader and a self starter.  I don't understand entitlements.  This is the wrong business for those who expect them.

Posted by Tim Lorenz, 949 874-2247 (TIM LORENZ - Elite Home Sales Team) over 10 years ago

Hmm we don't even have that field in our mls. Here it is up to the homeowner insurance company to tell the borrower if they are in a less than 100 yr flood plane. We don't even require flood insurance in most areas here. 

But you are right- no one owes you a living. Too many people with entitlement issues. 

Posted by Katerina Gasset, Get It Done For Me Virtual Services (Get It Done For Me Virtual Services ) over 10 years ago

No one can appreciate how many hours one puts into a transaction.  Some are smooth, but most are not.  Nope the world owes us nothing. But it's so nice when we get a little reward every now and then. 

Posted by Carla Muss-Jacobs, RETIRED (RETIRED / State License is Inactive) over 10 years ago

This mistake did not cost the lister and seller a sale, it cost you and your client a bunch of wasted time.  Too bad.

Posted by Robert Machado, CPM MPM - Property Manager and Property Management (HomePointe Property Management, CRMC) over 10 years ago

Mike - It certainly can be frustrating when the other part doesn't have it together.  I have found that it can happen on both sides with agents working with unqualified buyers and sellers listing homes that are WAY overpriced.  These examples are certainly no undisclosed flood zones but they happen every day and I am betting they are happening in nearly all markets.

Posted by Sam Miller, Knox County Ohio Real Estate Specialist (RE/MAX Stars Realty) over 10 years ago

Hmmm, I'm hearing too many stories like this. Hard on everyone involved.

Posted by Susie Blackmon, Ocala, Horses, Western Wear, Horse Farms, Marketing over 10 years ago

Amazing what the stroke of a pen can foul up. Nice lesson in life's daily ritual as a real estate pro.

Posted by David Saks ((retired)) over 10 years ago

"Having grown up in a different culture than that we enjoy in the United States,"

Inquiring minds want to know. . . . . .

Posted by Lenn Harley, Real Estate Broker - Virginia & Maryland (Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate) over 10 years ago

So, Mike,

How much has the listing agent offered to the buyer in compensation?

What carelessness!  Is that a mandatory field in the MLS?  Here in NC, sellers again disclose/confirm flood plain and purchase of flood insurance in the standard contract, and that error would lead to "interesting conversations."

Posted by Mike Jaquish, 919-880-2769 Cary, NC, Real Estate (Realty Arts) over 10 years ago

Mike working on a transaction and then watching come apart is something we all hate to go through.

Posted by Jennifer Fivelsdal, Mid Hudson Valley real estate connection ( JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571) over 10 years ago

My friend from the pages of National Geographic,

"Having grown up in a different culture than that we enjoy in the United States, my four brothers and I learned early on that as individuals, we have personal responsibility for our results."

I grew up in Michigan in the '50s and '60s and my 3 brothers and our sister could say the same thing. Time has had the same affect as distance.

"as individuals, we have personal responsibility for our results."  I love redundancy and this needs repeating!

"It's a lesson that's still with me after six decades"



Posted by William J. Archambault, Jr. (The Real Estate Investment Institute ) over 10 years ago

Hi Mike,

I love the "as individuals, we have personal rsponsibility for our results." It is so true and due dilgence in our endevors can make this happen! Have a great day!

Posted by Dorie Dillard CRS GRI ABR, Serving Buyers & Sellers in NW Austin Real Estate (Coldwell Banker Realty ~ 512.750.6899) over 10 years ago

Mike - It does indeed make everything work smoother when we all work toward common goals! Great post! Your background explains a lot about the Mike I have gotten to know and appreciate here -

Posted by Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional, Palm Harbor, Dunedin, Clearwater, Safety Harbor (Charles Rutenberg Realty) over 10 years ago

Research on any property is important. I bet he has learned a valuable lesson!

Posted by Bill Gassett, Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) over 10 years ago


That's too bad....here in Ontario we have a Seller Property Disclosure Statement that talks a bit about susceptibility to flooding, however it's the Seller's responsibility to answer the questions and if they said it's not susceptible to flooding, we have no choice but to believe them.

Things must be different there....


Posted by Jo-Anne Smith over 10 years ago

Here there are areas bnear rivers that are and are not and have been changed...seeking the assistance of our insurance agent is always the first stop/step when we have a flood zone question BEFORE we take the listing....

Posted by Sally K. & David L. Hanson, WI Real Estate Agents - Luxury - Divorce (EXP Realty 414-525-0563) over 10 years ago

Sally & David,

Strangely, the Insurance Agent told the buyers agent that althought he thought this property was in a flood zone, he couldn't be certain, nor was it his job.  The way we became certain?  My processor pulled a Flood Certification.


Here in Arizona at least, it's like being preggers.  Either you are, or you aren't.  :)


I hope so.


Thanks for the kind words.


Thanks!  You too!


It WAS sort of like the pages of the National Geographic.  In fact, in 1964, the National Geo did a story on a kid that sailed around the world at age 16 or 17, and includes photos of his visit to our station on the Palomeu River, 350 miles into the interior of Suriname, SA


Amen to that!!


I don't think anything will come of it, except my rant here in the Rain.

Hunting party of Tirio Indians in the interior of Suriname, SALenn,

I grew up in the rainforest of Suriname, South America as a young teenager. The little guy in the post is my youngest brother Jonathan, who was born there.  These were some of my hunting buddies.


It's cathartic to rant, say I.  LOL


Yup!  Thanks for commenting.


I believe you're right.


True.  But why is it that there's no time to do it right, but always time to do it over?!


I like for things to go right the first time.


It was an issue only because of the loan product.  Had the buyer had 3 1/2% to put down, we could have used FHA, and it wouldn't have been an issue.


You're right about that.

Mike in Tucson

Posted by Mike Jones, Mike Jones NMLS 223495 (SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) ) over 10 years ago

Sometimes just saying it out loud helps! 

Posted by Allison Stewart, St. Cloud Fl Realtor, Osceola County Real Estate 407-616-9904 (St.Cloud Homes ) over 10 years ago


Yes it does!  Thanks for commenting.

Mike in Tucson

Posted by Mike Jones, Mike Jones NMLS 223495 (SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) ) over 10 years ago


Maybe we should go back the ways of the Indian where no one owns the land we just use it and keep it like we found it for the future generations.

Posted by Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re (Westbrook Realty Broker-Owner) over 10 years ago

Mike - It's sad to see that the public's opinion of the average realtor is still true. Lazy , careless, and unprofessional. I love to surprise people by being different.

Posted by Larry Brewer - Benchmark Realty llc (Benchmark Realty LLc) over 10 years ago

Have no knowledge of the particular situation you reference, but if the property was a foreclosure what seemed like careless neglect might be the crazy timing issues that some banks impose on agents who list their foreclosures and the fact the agents are not allowed time to research the properties before listing them in the MLS. Was speaking today with an agent who is doing a lot of bank listings and they said that the banks will call up with a dozen new property listings at 6pm and insist they are all in the MLS before midnight -- and if they are not , then the banks will penalize the agent and end up not paying them what they would have , had they not gotten the penalty. With unrealistic time-lines like that which the banks are imposing on agents and deducting their pay if they do not leap thru the hoops, it is easy to make careless mistakes. Yes, there are agents who are in fact just careless and never care at all about mistakes happening -- but in this world of banks forcing unrealistic timelines on agents, there will be more errors that happen in listings -- agents are only human. Have been hearing more and more lately about these unrealistic bank timelines that are causing really good agents to be sloppy. Our 2 cents.

Posted by Bob & Carolin Benjamin, East Phoenix Arizona Homes (Benjamin Realty LLC) over 10 years ago

GOOD MORNING MIKE!  Taking a listing is an earned privilege - just carelessly checking boxes like this - or copying "old listing" information is a sure way to lose that privilege.  Nice thoughts for the day -- over-shadows the "bumming" thoughts about Sally and David winning those brownies! -- Gab

Posted by Gabrielle Kamahele Rhind, Broker/Owner (KGC Properties LLC, Tucson Property Management & Real Estate) over 10 years ago


It's 5:43 in the morning, and you've got me laughing.  Thanks!


If it were REO, I think I'd be right with you, but it's just an ordinary sale.  Regarding bank owned properties, though, I've been dismayed to watch the banks step all over the selling agent with just what you've painted so eloquently with your words ~ timelines that are impossible and arbitrary cuts in commission at the very last minute.  Thanks for commenting.


A little of that difference goes a long way today.

Terry & Bonnie,

Their society, like ours, had its own set of difficulties to be worked out.  Without the right to hold property, we'd all be out of a job, wouldn't we?  :)

Mike in Tucson

Posted by Mike Jones, Mike Jones NMLS 223495 (SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) ) over 10 years ago

LOL I just about fell out of my chair looking at your above comment.  Before I really focused on it, I thought it was upside down instead of just right justified. That's an attention getter!  I better make sure I've had that second cup of coffee before I start reading your posts.  :-)

Mike, that looks like an awesome spot for a camp fire!

Mark Twain was sure right with that one.  Way too many people go through life "expecting" to be handed what they want - for nothing and no effort.  Sorry your deal fell through.


Posted by Mike Hendren (Mike Hendren Photography) over 10 years ago

Hi Mike, love the Twain quote... how very true.

I wonder how many transactions have gone south because someone did not take the time to ask a simple question.  The devil is in the details.

Posted by Bill Ladewig, Experience Is Your Advantage (LoanOfficerSchool.com) over 10 years ago

Hi Mike - Love the message! Way to get it out there, too. That is one adorable toddler in that photo. ;-)

Posted by Karen Cooper, Helping Homeowners w/Home Loans in 27 US States (Karen Cooper | Sr Retail Loan Originator ! NMLS # 223305 | 360 Mortgage Group LLC Austin Texas) over 10 years ago

Mike - Followed this link from another one of your post. Love the quote and the message here.

Posted by Judy Jennings, Tap into Judy's real estate expertise & resources. (Top Agent Plus) over 10 years ago


Thanks for saying so!


That's my littlest brother, Jonathan.  He was born in Suriname.


Right you are!


Have another cup of coffee.  LOL

Mike in Tucson

Posted by Mike Jones, Mike Jones NMLS 223495 (SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) ) over 10 years ago

Hello Mike and a very well written post and that photograph and quote by Mark Twain ............


 VB ;o)

Posted by Robert Vegas Bob Swetz over 10 years ago

I was going to ask if that was you in the MK photo, then I saw the comment you made about your brother. 

Very cool shot of the fire.

Posted by Doreen McPherson, Phoenix Arizona Real Estate ~ (Homesmart ~ Scottsdale ~ Tempe) over 10 years ago


That fire photo was last Memorial Day ~ a 13 mile hike down the back of Mt. Lemmon out to Catalina State Park.  It was dark when we got to the pools above Catalina State Park, and friends had hiked up from the park to make supper for us.

Vegas Bob,

Thanks for stopping by to say so!

Mike in Tucson

Posted by Mike Jones, Mike Jones NMLS 223495 (SUNSTREET MORTGAGE, LLC (BK-0907366, NMLS 145171) ) over 10 years ago

True statement. Also goes hand in hand with personal responsibility for the things YOU do.

Posted by Robert L. Brown, Grand Rapids Real Estate Bellabay Realty, West Mic (www.mrbrownsellsgr.com) over 10 years ago

This blog does not allow anonymous comments