Buy That House: Lenders are Knocking Down My Door
By Ron Trzcinski, 410-935-5844
(410-935-5844 Office)
Buy That House: Lenders are Knocking Down My Door What came first the credit squeeze or the severe decrease in people looking for credit? I have a constant flow of lenders beating on my door; begging me for referrals to my Buyers. Some tell me that they have 100% financing available; one told me that his office would buy down the rate for the first year by 1% without charging it elsewhere within the loan. I would love to give them my business if I had more to give. . . . but where are all of the Buyers, especially those who supposedly are having trouble getting financing? Are they waiting for the media to tell them that it is okay to get back into the game? (Fat chance of that happening.) Closing Assistance Programs are offering $10,000 where the debt would actually be forgiven within ...
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