Real estate blog entries tagged with cash by Jared M. Wiener (Spire Group NY)

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Home : Blogs : Jared M. Wiener : Jared M. Wiener's Blog : Tag "cash"

cash: This Economy Is Fueling Seller Financed Mortgage Notes - 11/06/08 08:57 AM

Drive through any neighborhood in the US and you will see rows and rows of homes for sale whether it is a FSBO or listed with a brokerage firm. Because of the credit crisis and the tightening of bank's lending requirements, a buyer during these economic times, with a good credit are being quoted higher than normal interest rates for a 30 year mortgage or worse yet, not being approved at all, even with a 20% down payment. From the seller's perspective, they see a healthy inventory of homes for sale in their neighborhood so the seller has to get creative and I'm … (0 comments)

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Jared M. Wiener

Manhattan, NY

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Spire Group NY

Address: 20 West 23rd Street, New York, NY, 10010

Office Phone: (917) 673-7745

Cell Phone: (917) 673-7745

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