I felt a little like Alice In Wonderland yesterday. I have the PERFECT buyers - the kind you dream of getting a call from when you are on Floor Time.
They have no debt. Both Mr. & Mrs are Federal employees - (read good income) Have paid off the mortgage on their current home. A-1 (guess that term dates me?) credit, a substantial down payment, and are pre-qualified by the lender they have dealt with for years.
So what's the problem? Their lender told them that they were #3 on the waiting list to get a mortgage - check back in maybe six weeks? All that bail-out money has gone where? Evidentally not here in fly-over country.
As my buyer lamented - "I've done everything right. We worked hard. Paid off our loans. Saved to get this Table Rock Lake home, and they can't give us a mortgage?"
There was no glib answer on my tongue.
Call Joan for all your Real Estate needs in Shell Knob or Table Rock Lake. 417-858-2209
Tri-Lakes REALTORS 417-858-3344