Secondary Loan Market
September 7, 2007
What’s all this news about problems with the secondary loan market? A lot of people are asking that question today. Things have changed, but only for those who are wanting to buy a residence with little or no down payment or with less that good credit. If you are buying a commercial, multi-family or land property, you will not feel the effects of these changes.
Unfortunately, if you were hoping to buy that next house with little down payment or your credit has quite a few blemishes, then buying a home today just got a lot tougher. Is it impossible? No, but you need to do some planning now to make that purchase in the future. Making a plan is vital today and just a month ago you were able to get away without planning your purchase.
What do you need to do? Get with us. Let us help you lay out a home buying plan that works for you and your family. That’s what a real estate professional is all about. Helping you realize your real estate dreams is not always easy. But, we are up to the challenge and want to help you do just that.
Jeff M. Lange
