Buyer Beware – Don’t Remove Your Loan Contingency – Podcast
August 30th, 2007 Categories: In The News Calabasas
Like sand through an hour glass so are the days of our lives so does the mortgage business change. We all have done some pretty quick thinking lately to keep up with the recent changes in the mortgage industry.
Living and working in Calabasas, CA, which just happens to be the headquarters for Countrywide Mortgage has made the the media hype here even worse. No, the sky is not falling and yes there are things we can do to protect our buyers in the event that we have another mortgage episode.
Im advising my buyers not to remove the loan contingency until their mortgage actually funds. You can listen to my podcast by clicking below.
Those of us that have been in the real estate business for more than a decade know that theyll keep turning that hour glass over and over. New mortgage products will be developed, life and real estate will go on just like the sand through the hour glass.
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