The moral of the story is ...The moral of the story is ... stay in your budget! Chief Economist, Lawrence Yun, recently spoke to the North Carolina Association of Realtors at The Greenbriar. One of his very astute points was low and no down payment loans did NOT cause the loan crisis. It is not about down payment it is about staying within your budget. After WW-II millions of no down payment loans were made to veterans and we did not have a mortgage crisis.
See my other blog posts with Lawrence Yun videos from the North Carolina Real Estate Convention at the Greenbrier 2011
Kathryn Gorham | Sun-Surf Realty | Emerald Isle North Carolina www.KathrynGorham.com 2010 President Women's Council of REALTORS® Crystal Coast Chapter 2010 Carteret County REALTOR® of the Year 252.646.4656 cell · 252.354.2958 office Southern Outer Banks NC | Crystal Coast NC | Coastal CarolinaFREE weekly list of HOT properties in Emerald Isle NC
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