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exploding arms marketing real estate: 3 Ways to Avoid Getting Caught in the Subprime Maelstrom - updated - 03/07/07 05:16 AM
Unless you've been sleeping under a rock and avoiding ActiveRain for the past weeks,  you've probably caught wind of the meltdown that's  been happening in the subprime lending sectors, with 30+ lenders shutting their doors and many more in trouble. It's fairly obvious that rising credit guidelines and risk premiums will make it harder to get your buyers approved; far less obvious are the steps you should take to survive in an interest rate and lending environment the likes of which we have not seen in perhaps 10 years. Here's a few tips that from me on how I think the … (23 comments)

 

Jose Luis Ramirez

Colorado Springs, CO

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5 Star Mortgage, Llc

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Jose Luis Ramirez's ramblings on mortgages, real estate, the Colorado Springs market, and other simple thoughts that pass through the mind.


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