TBWS Daily - 9/26/2011

By
Real Estate Agent with Century 21 Birchwood Realty, Inc.

Good Morning…Here is today’s report from the Think Big Work Small Guys. The boys have substitutes today who are talking about USDA Loans.  Usually in the fall USDA runs out of money for their loans, they continue to write loans but with Conditional Commitments for funding.  They have announced they will not be issuing Additional Commitments this year until funding is restored. Like the boys are saying "what do they know that we don't?"

We use these loans in our area, so this is going to limit (again) our buyer's ability to get loans.    

Think Big Work Small 

Disclaimer:  If you prefer reading your news over a cup of coffee in a relaxed atmosphere or your family’s sense of humor gene skipped a generation, don't watch the video; these guys talk fast and are high energy.

Have a Great Day

 

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For more information on sub-tropical Cape Coral and the Lee County area
                                  Contact

                                                                           Lois Davme with glassesies,ABR

        www.capecoralhomes.pro
            Cell: 239-357-5558                                                             
            Efax: 239-244-8975
    

     Century 21 Birchwood Reatly, Inc.
4040 Del Prado Blvd., Cape Coral, Fl.  33904
                      

 

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Almost Anything Goes
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Rainer
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Bill Blankenship
Lisa Von Domek & Associates, LLC / Real Living Real Estate Group - Midlothian, TX

Conditional Commitments have disappointed many, I think this may be a good move on the USDA's part.

Sep 26, 2011 01:54 AM #1
Rainmaker
190,903
Lois Davies
Century 21 Birchwood Realty, Inc. - Cape Coral, FL
Cape Coral & SW Florida

So far I have not had a problem with them, but I think the whole loan system needs revamping.

Sep 26, 2011 02:36 AM #2
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Rainmaker
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Lois Davies

Cape Coral & SW Florida
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