Hi Everyone!
I'm new to this , As you will may be able to tell since it appears that this site is for professionals. First ! How in the world does anyone find time too sit and do this stuff? I can't even get a chance to sit down and really complete my profile. I probably look like an idiot! Really I'am not
As a Realtor since 1994, It still so amazing how the home prices in Arkansas continue to rise , Which keep in mind that is what we want ,as homeowners and investors. But it should be at a continual gradual rate, that is what Real Estate was suppose to do , remember our parent's homes took 15-30 years to get their investment back. Then all the sudden the prices of homes went from 90,000 - 130,00 here in a matter of less than 2-3 years , so now we have to wait for that cycle to catch up with us.
I would like to be frank and ask , I knew two and half years ago that this was a event that would take place. with the bidding wars and overpricing of home so the Lender could get the buyer in with no money
over appraisal values
The ( foreclosure Dilemma) I observed so many buyers that wanted to get in a home so badly and lenders would give the loan even though they knew they were not really a candidate for the loan. I could have sold a lot more homes , I turned buyers away and told them they were not in the position to buy, to wait, fix the credit issues, pay off bills and get in a loan at a PAR rate,
Was everyone really so Blind?
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