I'm a Mortgage Broker. Been in the business for a long time. I have a question for you Real Estate Agents that have buyers right now:
What are you doing to get your buyer prequalified for a loan? Are you using a mortgage broker or direct lender? Any fall out?
Hey Richard,
Good questions.
Sean Allen (my first name is Richard also)
The Mortgage Professionals
Professional Credit Consulting & Repair
www.TheMortgageProfessionals.biz
I'm using prayer.
Prayer that those who got us into this mess will burn forever in the Place of No Redemption.
I never built my business on serving people who will ever have trouble buying what they want when they want it. Recession or not. Countrywide in business or out.
However, my heart certainly goes out to those who have.
I'm sitting at my desk as two more emails come in. Two more lenders are going out of business. I wonder when this will settle down and then turn around?
You have buyers? Good luck. People need to have cash for a down, good credit and proof of income or they aren't really a buyer, they are a "looker".
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