http://duganrealtygroup.com/questions .. Mon, 08 Oct 2007 16:43:37 -0700 http://wordpress.org/?v=2.9.2 hourly 1 http://duganrealtygroup.com/questions/?p=23&cpage=1#comment-10 Frank Mon, 08 Oct 2007 16:43:37 +0000 http://duganrealtygroup.com/questions/?p=23#comment-10 Since the lenders some years ago were financing 100 percent simply to get business and now they have tightened their qualifications a bit, I see that as a positive step in making the lending business healthier. If you don’t qualify for a loan, why make the loan anyway. It will put the borrower in a bind and end up costing everyone more money. Of course housing prices are mostly dependent on how many buyers there are out there. From my point of view business is still good everywhere in South Central Pa so the market should thrive and buyers who are well qualified to borrow should still be there. What we are not seeing lately is mortgages being granted to those who don’t qualify. For those buyers, maybe it is time for them to concentrate on lowering their debt load and not spending so much money on frivolousness. As an Realtor I would like to see everyone own their own home but in my many years in business I have seen some of those buyers with debt loads on automobiles alone so high that it would be hard to see them affording a house, or the expenses that go with it. Since the lenders some years ago were financing 100 percent simply to get business and now they have tightened their qualifications a bit, I see that as a positive step in making the lending business healthier. If you don’t qualify for a loan, why make the loan anyway. It will put the borrower in a bind and end up costing everyone more money. Of course housing prices are mostly dependent on how many buyers there are out there. From my point of view business is still good everywhere in South Central Pa so the market should thrive and buyers who are well qualified to borrow should still be there. What we are not seeing lately is mortgages being granted to those who don’t qualify. For those buyers, maybe it is time for them to concentrate on lowering their debt load and not spending so much money on frivolousness.
As an Realtor I would like to see everyone own their own home but in my many years in business I have seen some of those buyers with debt loads on automobiles alone so high that it would be hard to see them affording a house, or the expenses that go with it.

]]> http://duganrealtygroup.com/questions/?p=12&cpage=1#comment-9 Frank Tue, 30 Jan 2007 20:41:38 +0000 http://duganrealtygroup.com/questions/?p=12#comment-9 Also you may want peace of mind so if the seller doesn't offer a warranty, then it may be prudent to have a house inspection done. Also you may want peace of mind so if the seller doesn’t offer a warranty, then it may be prudent to have a house inspection done.

]]> http://duganrealtygroup.com/questions/?p=4&cpage=1#comment-8 Frank Sun, 28 Jan 2007 23:21:34 +0000 http://duganrealtygroup.com/questions/?p=4#comment-8 Did you know that The Mayor of Hrrisburg was voted the 3rd best mayor on Planet Earth? Did you know that The Mayor of Hrrisburg was voted the 3rd best mayor on Planet Earth?

]]> http://duganrealtygroup.com/questions/?p=1&cpage=1#comment-7 frank Sun, 28 Jan 2007 20:26:44 +0000 #comment-7 Sometimes a houses value may be effected by changing economic conditions of the area it is located in Sometimes a houses value may be effected by changing economic conditions of the area it is located in

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