Movewithmarci, Marci Yankelov Realtor, Baltimore Real Estate and Life

Last week a friend who is also a Realtor had a deal fall apart hours before closing. The loan was approved, they had COMMITTMENT and then underwriting did a final review and told the buyer that they needed 9 months of reserves in the bank. Yes, this was ALL the day closing was scheduled.  THIS WA...

I have quite a few buyers who are deciding to rent for another year. They are waiting for this huge hole in the market to open up and allow them to buy foreclosures at unbelievable prices. I am not so sure that is going to happen.  The foreclosures we are going see are not going to be super "chea...