I'm scrabbling today to enhance my cash flow for the next 6 months. LOL. Listening to the news of the $85billion stop gap loan put in place for AGI....well, my problem seems miniscule. Maybe they would slide 50K my way and we could rock on for the next 12 months. Gee that's like what % of 85billion? (I was going to calculate it, but my calculator can't go above 850,000,000). And that outrageous 11.5% rate looks reasonable compared to that 18% on my credit card. Guess it depends on where you are looking from........
My buyers are waiting. For what, I don't know. As I told them today, the rates are the best they are going to be this year and there are so many homes available from which they can select. My sellers are anxious, and I'm telling them if they really need to sell, they are going to have to drop their prices another 5 to 10 percent. (Yes, we are in a very stable market). If they don't do it now, the market will do it for them in a few months.
It was a wacky Wens and I know Thursday will be Thrilling! Another glass of Sweet Tea please!
Hang In
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