Super Low Interest Rates – Dosen’t change much without inventory.
ByWithout inventory the story that I posted below does not mean much. When our FHA buyers are being blown out of the water by the Conventional buyer and those with Cash – FHA (don’t even talk about VA) are not getting what they want.
But, the conventional and cash are slowly depleting. We will see with the new Foreclosure Wave the FHA and maybe even VA loans getting accepted.
Rule of Thumb at this point, even when the FHA offer gives the Seller more money – they would rather have it close for less, with more assurance and in a shorter period of time.
You VA borrowers – We have you covered and we have a ’secret’ plan for you. If you are VA, give us a call so we can set the appointment to explain how you might be able to get what you are wanting in this market.
FHA – Stand Fast – We will be watching and assisting you as this Next Wave of Inventory unfolds.
Rates, incentives make real estate a buyers’ market – Topix.
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