InvestorsHub Logo
Followers 45
Posts 9857
Boards Moderated 0
Alias Born 02/14/2006

Re: cocktails and dreamz post# 38

Wednesday, 08/20/2008 10:18:34 PM

Wednesday, August 20, 2008 10:18:34 PM

Post# of 57
Many of the short sales have turned to REO's! This makes home buying easy for the frustrated buyers. Volume has increased as a result across the area but prices are still softening further. Overall economy / employment not good. However with new lending laws coming into effect on Jan 1 '09, Buyers over 600 - 650k would be wise to close by EOY or face lending nightmare

Just closed a short sale that took 4.5 monjths to get answer from my sellers lender! One of the few to get approved so I should not complain!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.