As this is extremely interesting news as we depend on a good US economy.
More and more people in the sub-prime market are defaulting on their payments making things extremely complex. With more and more defaults, and lenders straying away from lending to this market, there is an influx of property's on the market which is causing for drastically lower home costs. We can only wait to see what happens in the next few months. In our market up here, the Sub-Prime lenders are joining on board at a fast pace as we are still in a strong market. Hopefully we don't follow suit with our partners of the South.
Wednesday, March 14, 2007
Friday, March 9, 2007
How much can you afford?
To answer the comment posted by 'anonymous'...
With some great new rules that have come out in the past few months, you can qualify for a minimum of 12% more of a mortgage with good credit. Longer amortizations up to 40 years, increases this number even more.
There is so much competition out there that it's creating more and more mortgage solutions for everyone. To get into a lot of detail would take too long. I can definately answer your specific questions on email or by phone, just let me know.
With some great new rules that have come out in the past few months, you can qualify for a minimum of 12% more of a mortgage with good credit. Longer amortizations up to 40 years, increases this number even more.
There is so much competition out there that it's creating more and more mortgage solutions for everyone. To get into a lot of detail would take too long. I can definately answer your specific questions on email or by phone, just let me know.
Thursday, March 8, 2007
Introduction
This is my first blog to make sure all works well.
If you need any questions regarding mortgages and so forth answered, please let me know here or by email christos@gitersos.com
If you need any questions regarding mortgages and so forth answered, please let me know here or by email christos@gitersos.com
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