Tuesday, October 7, 2008

Don't believe the HYPE!

While I was on hybernation, I was definately keeping up with all the real estate media. Please don't believe the HYPE! Yes, our economy is in a recession but banks are STILL granting loans. Trust that the banks want to loan you money! You just have to have DECENT credit and purchase what you can AFFORD and not live above and beyond your means!I have heard the phrase "credit crisis" so much lately that I was starting to believe it myself until I did a little research on my own. The fact is simple: if you have decent credit, you can qualify for a home mortage right around 6% or maybe a tad higher. The media has the story wrong. Banks have PLENTY of money to lend to qualified homebuyers. And sellers want to sell. Many are tired of holding on. They want to move. You can email me at dianatherealtor@gmail.com so we can discuss more about your home purchase!

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