Yes, if you are organized, ready and related to Superman there may still be time to close before the 1st Time Home Buyer Tax Credit expires. Definitely stay away from short sales. We published a post on October 12 indicating time for lender approval on a short sale is now averaging 9.5 weeks putting that type of transaction way out of reach. Also keep in mind you are not the only buyer trying to make the deadline. Mortgage brokers, lenders and closing agents are loaded with transactions to close before November 30.
October 15, 2009
Good News Or Wishful Thinking?
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A Dismal Commercial Market Recovery
While most of our business is residential, the health of the commercial segment is one more indicator of the overall health of Real Estate and the economy.
A Dismal Commercial Market RecoveryThe Mortgage Bankers Association’s second-quarter “data book” on commercial real estate showed an uptick in commercial loan originations. (more…)
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