Lenders Get Tough
It’s the middle of the week and I can’t believe how much has already happened. The news is crawling with real-estate bombshells. You’ve just got to keep sifting through all the information and figure out where you can make some money. So, why not let me do the work for you? I’ll keep checking the news, you keep taking the initiative. Together, we’ll keep making money during these tough times.
MORTGAGE APPLICATIONS REBOUND
As mortgage rates fell to below 5%, applications have skyrocketed. This was helped by the $8,000 tax credit for first-time home purchases.
However, the cause of the biggest jump was refinancing! That’s right, most of the money being borrowed now goes towards refinancing.
However you slice it, it means the real estate market is primed. You’ve got to make a move! The banks are ready, people are looking to sell. You can make a move now. Visit www.shortsalefundamentals.com to learn how.
LENDERS AGGRESSIVE TO HELP BORROWERS
Homeowners facing pending foreclosures are being tempted to stick it out and fight through the process. Banks are approaching them with modification solutions. This is because banks can’t afford to take on more foreclosed homes. They’re desperate to find workable solutions.
This means it’s our time to step in and offer an even better solution. Go out there and make an offer. Even with these loan modifications, homeowners are having a tough time. So you’ve got to show them how they’ll save money in the long run. Don’t let them risk foreclosure. You can be part of the solution.
And if you’re not sure how to begin, just ask me! I’ve got years of experience and I’m here to help.
As always, check me out on Facebook: http://profile.to/coryboatright
and on Twitter: http://www.twittercory.com

