ABC News talks about Quantification in the market, what's going on, and getting "Clear on what's really going on right now"? Anyone really know? Again, most are looking for that "Bottom" and timing is everything!
I think that we are in for a bit of a cash crunch for most. Personally, I plan to liquidate stocks and move cash into real estate. The tough part is getting a decent lender approval, rate, and terms these days! Lenders are tightening up BIG TIME and making anything "out-of-the box" more difficult! With many lenders now & will continue to go out of business, Soon many of these loan programs may NOT be available, which bring me back to point one:
You can wait for the bottom, but the great loan programs we have right NOW, may NOT be there when it's determined to be "the bottom".
We still offer the following:
Adjustable Rate Mortgages converted to FIXED RATE LOAN PROGRAMS.
100% Financing with ZERO Down Payment loans
Relocation Loans
Stated Income loans (and in some cases Stated Assets)
Home Equity Loans
Construction Loans / Land loans to build a dream home while the costs are low.
Foreclosure Bailout Programs
Short Sale Negotiations (bank takes less than what it owed)
Katrina Madewell | Serving the Greater Tampa Bay Area for over 15 years! | Get a FREE RELOCATION GUIDEsimply email me, and insert FREE RELOCATION GUIDE in the Subject line and a mailing address where to send it.
Katrina, I missed this when I was sick last week - great info and I agree - most professionals will tell you, "You can't pick the high and low of the real estate market any more than you can pick the high and low of the the stock market"
Great point on now is the time when lending and motivated sellers make it a great time to buy a home in The Tampa Bay area
Bill and Barbara - look for the good and you will find it!
Susie - YES I love buyers personally so I LOVE this market.. making homeownership affordable for more!
Dan - You can't listen to the media on everything, especially over hype! We all know how they LOVE to do that!
The one advantage to buying stocks low vs Real Estate is, they NEVER make any more LAND, Real Estate inevitably ALWAYS increases over the long haul, here is a PRIME EXAMPLE.
In the United States Homeownership is real for most that really want it, and in MANY other countries ONLY the predominately WEALTHY own homes, and get to keep them!
Tampa Home Sellers Talk about Their Experience with me
Real Estate and Mortgage Help: Timiko will tell you we always had HER BEST interest in mind, and asked all of the right questions at the right time.
ONE of our recent Radio Plays Lutz Home with an In-Law or Guest Cottage: Here is the In Law Cottage: WELCOME TO TAMPA
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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